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Pillar of the Community
United States
9792 Posts |
The bit about the scanning electron microscope in the Heritage write up is really interesting, I got to work with one in the past the ANA had. While not the photos of this coin I did post some photos of the metal flow over a mint mark and it's very telling if there is any alteration or added metal in these photos. You can see them here and read about flow lines over added vs. altered and original mint marks. Some really neat articles I included from old ANA literature. http://goccf.com/t/396008"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 |
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Pillar of the Community
United States
756 Posts |
cool articles! that 16-d is really interesting! thanks for sharing.
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Moderator
 United States
15432 Posts |
 to the CCF. Thanks for making us aware. |
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Pillar of the Community
United States
1613 Posts |
One could always hope to hit the Mega Millions. CarrsCoins, you present some valid questions. I'd theorize that the graders would have examined an 1869s and 1871s and looked for similarities/characteristics in the dies and strike between them. Just my thoughts.
ANA member - PAN Member - BCCS Member There are no problems only solutions - the late, great John Lennon
Edited by Ballyhoo
12/18/2022 10:49 am
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Valued Member
 United States
90 Posts |
There are accounts of this, and other, "unique" 1870-s coins though. This snippet from an article about the mysterious superfluous $3 gold princess mentions the minting of a set of 1870-s coins. "Newspapers of the day reported that the cornerstone was on the northeast side and that it was filled with one of each of the 1870-dated coins struck by the newly-established San Francisco Branch Mint." https://www.govmint.com/coin-author...-cornerstone |
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Pillar of the Community
United States
632 Posts |
No one has quite been able to copy US Mint milling, so the "third side" should always be examined
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Pillar of the Community
United States
9792 Posts |
With just under 24 hours to go I'm out, the price with hammer fees is over my guess at $1,830,000 but the actual bid is $1,525,000 so if it doesn't go crazy I wasn't far off on the price. We shall see. The 1878-S $3 gold coin in SP50 just sold for $5,520,000 a new record, good chance the Half Dime gets a few more large bids in before it's over. Those with means today seem to have lots and lots of means. Several friends I know have told me they actually have made so much money they don't even know what to do with it all, one buddy has bought 5 homes and lets a management company run them as rentals that pay his taxes and serve as a place to park money. He also has a couple of office buildings now. Another friend told me over covid time he made so much extra and with his year end bonuses and extra vacation pay plus not going out or on vacation he has enough to buy his next vehicle ($80K+) all cash and not finance it, and he will still have a ton more in the bank. Me not so much, my hours at work got cut, pay raises that were promised never materialized, no Christmas/end of year bonuses either, after a record profit setting year too. You can bet the bosses are doing just fine though. I don't think we are any where near the top end of the coin market yet, at least for high-end and truly rare and desirable coins. "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/140440Edited by westcoin
01/10/2023 9:24 pm
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Valued Member
United States
90 Posts |
@westcoin, I predicted that the Half Dime would sell for about $2.6M. But as you say, with the $3 gold piece going for $5.5M I am starting to feel like maybe I have undervalued it a bit. Jeekers! |
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Pillar of the Community
United States
9792 Posts |
bikergeek, don't forget the $3 gold coin is a lot more desirable than the Half Dime. Your guess is looking pretty spot on I think. "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 |
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Pillar of the Community
United States
4233 Posts |
I think I guessed $2 million on the other forum, going off of recent 1894-S dime sales. We will soon see. I saw the email about the $3 sale. I think we'll see the peak on these kinds of stratospheric sales soon, but for people whose hobby play money is measured in millions it probably won't matter that much.
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Pillar of the Community
United States
4233 Posts |
Sold, $3.12 million with BP.
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Valued Member
United States
90 Posts |
@kbbpll, I watched it too! I got a kick out of the auctioneer who said, "I'm speechless... but I won't be in a minute when I'm selling this coin..." (or words pretty much to that effect... I was chuckling at the time and didn't catch it.)
Sometimes I have an impulse to bid a coin like this up a bit, just to make the buyer pay more. But then I remember, my Heritage max bid amount is considerably lower than 7 figures so they wouldn't even accept my bid. :-)
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Pillar of the Community
United States
4233 Posts |
@bikergeek I happened to log on just before the lot came up. Seemed like it was down to two bidders. We can try to guess who they were I suppose. Hansen and ?
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Pillar of the Community
United States
4692 Posts |
I wouldn't be surprised if Ian Russell was the buyer. He's been picking up some incredible stuff,
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Pillar of the Community
United States
9792 Posts |
Doubled my estimate, wow! I'm usually pretty spot on at getting auction prices pretty close, but these unique items are a lot tougher to get right. Amazing price I think.
"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 |
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Posted 12/15/2022 10:32 pm
