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1913 Liberty V Nickel. What's Your Guess?

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Pillar of the Community
United States
814 Posts
 Posted 04/25/2013  7:42 pm  Show Profile   Bookmark this reply Add GoldenChest to your friends list
Anybody gota fake idenity withperfect credit we can use?
Pillar of the Community
Canada
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 Posted 04/25/2013  8:13 pm  Show Profile   Bookmark this reply Add Canadian-Banknotes to your friends list
Pillar of the Community
Canada
4944 Posts
 Posted 04/25/2013  8:44 pm  Show Profile   Bookmark this reply Add Canadian-Banknotes to your friends list
Sold For $2,700,000
Pillar of the Community
United States
2480 Posts
 Posted 04/25/2013  8:45 pm  Show Profile   Bookmark this reply Add ThisIsFun to your friends list
Hmm, that was rather anticlimactic. The auctioneers look a bit shell-shocked.
Edited by ThisIsFun
04/25/2013 8:47 pm
Pillar of the Community
Israel
2420 Posts
 Posted 04/25/2013  8:46 pm  Show Profile   Bookmark this reply Add supgog to your friends list
Expected a lot more :).
Pillar of the Community
United States
3453 Posts
 Posted 04/25/2013  8:48 pm  Show Profile   Bookmark this reply Add CoinsKelly to your friends list
Congtatulations morgandude and denco!

(Went faster than I thought)
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United States
814 Posts
 Posted 04/25/2013  8:48 pm  Show Profile   Bookmark this reply Add GoldenChest to your friends list
Exactly what I was thinking. A long pause followed by a handful of bids and then it was over.
$3,172,500.00 with the buyers premium
Anybody see who won it? Lol It said a floor bidder.
Edited by GoldenChest
04/25/2013 8:57 pm
Pillar of the Community
United States
1080 Posts
 Posted 04/25/2013  11:26 pm  Show Profile   Bookmark this reply Add specksynder to your friends list
19 bids. Hmm... I really expected about $4 million. Even with buyer's premium, not even close.
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United States
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 Posted 04/25/2013  11:36 pm  Show Profile   Bookmark this reply Add jack jeckel to your friends list
Years from now we will either be saying someone got on heck of a deal on this one when the next one sells for $10 mil or I remember 50 years ago when the last one went oup for sale as I haven't seen one for sale since.
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United States
621 Posts
 Posted 04/25/2013  11:52 pm  Show Profile   Bookmark this reply Add justin3651 to your friends list
WOW! I'm shocked. absolutely shocked. If I was rich I would of paid up to 5 for it....its a 1913 Liberty nickel! I bet you the buyer flips it and makes a cool couple million.
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 Posted 04/25/2013  11:53 pm  Show Profile   Bookmark this reply Add specksynder to your friends list
Yeah, I think this is a once-in-a-lifetime auction. I think the grade is virtually irrelevant when there are only 5 (who's going to pass up the lower grade coins to wait for the PR-67 to come available), but I think what this particular coin has going for it is its pedigree. I think a major attraction to coin collecting is the history, and this coin has it. I'm kinda sad it didn't go for more.
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United States
9792 Posts
 Posted 04/26/2013  12:15 am  Show Profile   Bookmark this reply Add westcoin to your friends list
Color me shocked too. I thought it would bring high 4 million and over $5.2 with fees.

Laura Sperber of Legend Numismatics in a post to me on facebook Quote "Laura believes the 1913 Nickel "was graded very optimistically."

She's owned one, and may have bought this one as well, as she was on the floor. Anyways, I'm sure surprised as I believe there is a lot of money floating in funds and with wealthy investors looking for an investment vehicle. I thought this would be a great place to park some money for a 5-10 year return possibly, will most likely earn more than prime over the same time against hard cash.

Congrats to whomever acquired it
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013!
ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector.

See my want page: http://goccf.com/t/140440
Pillar of the Community
United States
5207 Posts
 Posted 04/26/2013  12:31 am  Show Profile   Bookmark this reply Add jack jeckel to your friends list
As they say at the Barrett Jackson auctions "this one was well bought"
Valued Member
United States
401 Posts
 Posted 04/26/2013  11:46 am  Show Profile   Bookmark this reply Add paddy murphy to your friends list
To use Ms. Sperber's favorite condescending term, it must have been the "Dreck" of the 1913 litter...
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United States
2543 Posts
 Posted 04/26/2013  5:12 pm  Show Profile   Bookmark this reply Add denco7 to your friends list

Quote:
In another twist, one of its new owners was among the numismatic experts who helped authenticate the nickel in Baltimore. Besides Jeff Garrett of Lexington, Ky., the other buyer was Larry Lee of Panama City, Fla. Garrett called the nickel "one of the greatest coins at that price range."


The family said selling it to Garrett was like keeping it in the family.
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