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Replies: 174 / Views: 16,514 |
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Pillar of the Community
 United States
1967 Posts |
Coin #56, a PRF-70 example, sold at S-B auction for $35K. . .it's already listed on ebay for $49,999 "or best offer. " Same seller has a pre-sale of a PRF-69 example for $35,999.  Average selling price of the 45 PRF 69's: $28,022.22. Lowest- $25,000. Highest- $34,000
Edited by cptbilly 12/12/2024 4:04 pm
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Moderator
 United States
188513 Posts |
Quote: Coin #1 sold for $440K 
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Pillar of the Community
United States
5611 Posts |
Thanks Capt, I am amazed the Prices these " collectibles " are Bringing ... With that kind of cash flow, I Imagine I would gather some of the Best Examples of the 1792 Disme, 1794 Dollar, the 1804 Dollar, the 1895 Morgan Proof, the 1915 Pan Am. I Think I would be better off.......  ps, Of course I would run out of $$$$ before this list of mine above gets to the end. 
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New Member
United States
15 Posts |
Personally I would rather have a 1795 gold coin than a modern replica. It would be about the same price as what these were going for. And considering that they didn't even make gold coins in 1794... these 230 gold privys went for about 8 million total, that is just crazy to me.
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Moderator
 United States
188513 Posts |
Quote: Personally I would rather have a 1795 gold coin than a modern replica. It would be about the same price as what these were going for. I have to agree with that. So I will just happy with the silver medal for now. 
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Pillar of the Community
 United States
1967 Posts |
The total sales price of the 45 PRF-69's: $1,261,000. Average price ea: $28,022.00
The total sales price of 185 PRF-70's: $8,651,000. If you take out Coins #1 and #230, the remaining 183 examples sold for an average of $35,218.00
Total Sales of the 230 coins: $9,912,000. Would guess the S-B folks are pleased, but not as much pleasure had they been able to tack on a 15 or 20% buyers premium. Likely there are quants at the USM ecstatic over proving the business case for minting super-low numbers of "collectible" coins.
Sad state of affairs.
Edited by cptbilly 12/12/2024 5:18 pm
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Moderator
 United States
188513 Posts |
Quote: Total Sales of the 230 coins: $9,912,000. 
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Bedrock of the Community
United States
94367 Posts |
@malfero says it well. Just insanity.  
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Pillar of the Community
United States
7620 Posts |
The proof of the pudding will be when these things start showing up on secondary auction markets in 5 years. Will they retain their Stacks auction selling prices or end up cratering?
Only time will tell.
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Bedrock of the Community
United States
94367 Posts |
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Pillar of the Community
United States
5611 Posts |
Quote: "The proof of the pudding will be when these things start showing up on secondary auction markets in 5 years. Will they retain their Stacks auction selling prices or end up cratering? " Exactly... I agree that the SB Hype was Strong as they intended, the bidding far exceeded Most expectations, That said It Should be interesting .........  I mean if your going to create collectibles, They Should be Collectible from inception or a Hit once released and Hold that premium, One Would hope.... For the winner's sake, I Hope they Will enjoy the In-Hand excitement and Thrills of their efforts, long into the future..... 
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Valued Member
United States
345 Posts |
Another beauty in the collection is attractive, but at the "advertised" mint price ... Yikes
I think I'll stick with the pre 33 ... so much more there for my personal likes ...
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Moderator
 United States
188513 Posts |
Quote: The proof of the pudding will be when these things start showing up on secondary auction markets in 5 years. Will they retain their Stacks auction selling prices or end up cratering? Only time will tell. 
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Pillar of the Community
 United States
1967 Posts |
# 125 of 230 - A PR70 example -- from the S-B sale is available now on the bay for the low-low BIN price of $69,999.00. You can also make on offer. . . 
" Even a clock that's stopped is right twice a day. "
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Moderator
 United States
188513 Posts |
Let me get my wallet. 
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Replies: 174 / Views: 16,514 |
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