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 Replies: 20 / Views: 3,381 |
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Pillar of the Community
United States
1750 Posts |
Yes, first year. The coin was worth right around $350K or so.
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Pillar of the Community
United States
3344 Posts |
Nice coin! I've been able to pick up a few cc gold pieces but none that are under 10K mintage.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
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Pillar of the Community
United States
1663 Posts |
"absolute rarity"?
That's a really ambitious asking price.
Suggest you take the first offer over 10K you get.
Edited by ArrowsAndRays
09/12/2015 11:23 am
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Bedrock of the Community
United States
12057 Posts |
There were over 9000 of these minted. How is it an "absolute rarity?"
Don't get me wrong -- it's a beautiful coin and I'd love to own it. I just think that overstating the rarity of this coin is not really necessary.
You do realize you're asking $20,000 for an XF45 example when low to mid AU examples that have come on the market have been selling for 13-18k? This one doesn't even have a CAC bean.
Member ANA - EAC - TNA - SSDC - CCT #890 "Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis |
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Pillar of the Community
 Canada
5404 Posts |
7 to 8 K wholesale would be tops. Decent coin for sure.
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Pillar of the Community
 United States
5828 Posts |
WOW, just WOW! What a fabulous coin!!
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Valued Member
United States
115 Posts |
Thanks for sharing, very nice Liberty.
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Pillar of the Community
United States
6398 Posts |
A rare coin to be sure, but Heritage does sell a couple of these per year on average. Prices have ranged from $7-9000 for XF-40 and $13-16,000 for AU-50, so this piece should fall somewhere in between these ranges.
Apparently there are only 2 mint state pieces known. There is a big spread in pricing for the available AU-58 coins, with Heritage sale prices ranging from $25,000 to $63,000 over the last 10 years. I presume a really high-end coin would offer a big profit motive if it could be re-certified as mint state; maybe that hope is what drove that $63,000 auction in 2011.
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Pillar of the Community
United States
4337 Posts |
The title to the post is super deceiving. It has been seen before, multiple times in this grade at auction.
Although I own multiple $5 Liberty Heads in various P & S from the 19th Century, I am unfamiliar with the true rarity of the CC issues.
Having looked at the HA history on this coin, yes, its nice, but I don't think this is in the territory when stating "is of absolute rarity".
"Absolute rarity" is a different animal than this coin in the realm of Numismatics. You're talking 1 or 2 or even 5 known in ALL grades. What you've got here is a great coin, with a great story and you're certainly privileged to have the front row seat you do.
Regarding "top quality for the grade assigned". It needs a CAC approval for that in today's market.
If your seller wants cash it's not happening with a BIN of $20K on the bay. You're going to either sit on this for another 10 years to get near that number or you're going to take the first $12.5K offer that comes your way. You go to auction with this, it could hit the moon for sure but that's a gamble you're going to have to take.
Thanks for sharing. Good luck.
Edited by dsfreeworld
09/12/2015 4:01 pm
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Bedrock of the Community
United States
94367 Posts |
Thanks for sharing this with us!
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Pillar of the Community
 Canada
4911 Posts |
SOLD  :Although I can not release the realized price, I can say that the people saying it would not realize any where near the asking price were incorrect. BUT! As I said before, it was about the coin to me, not the value(although I was impressed by the value). It kind of hurts to know that I will likely never see or hold the coin again but I am soooo thankful to have been part of the journey! Feel free to call me Will.
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Moderator
United States
16680 Posts |
It's how often they hit the market and what one is willing to pay in the end.
I've overpaid for coins many times simply because I wanted them.
swcoin.ecrater.com
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Pillar of the Community
United States
1663 Posts |
Quote:
This listing was ended by the seller because the item is no longer available. Asking 20K, but took a best offer outside ebay after less than one day on the market? Very odd thread. |
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Pillar of the Community
Canada
4911 Posts |
I guess someone really wanted it.
Feel free to call me Will.
Edited by thedollarman
09/12/2015 9:15 pm
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Bedrock of the Community
United States
12057 Posts |
It's the usual case of value vs. patience. Vermontensium nailed it; people will pay a lot higher prices for material such as this coin which is not often up for sale.
I wouldn't have a hard time believing that someone working on a Registry set or a CC gold set would cough up 40% over list for a coin that they've been waiting on for months or years. If they miss this one, when's the next one going to finally show up?
Besides, when you're buying $20k coins, you're not likely in a financial position where overpaying by a couple thousand bucks is going to be any significant inconvenience.
Member ANA - EAC - TNA - SSDC - CCT #890 "Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis |
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Replies: 20 / Views: 3,381 |
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First Page
Posted 09/12/2015 12:23 am
