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Replies: 70 / Views: 7,738 |
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Pillar of the Community
 United States
4000 Posts |
I nudged Wolf to contact his contact and see if she can go online and get us an update. Hopefully, we'll know something in a day or two.
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Pillar of the Community
 United States
4000 Posts |
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Pillar of the Community
United States
4897 Posts |
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Moderator
 United States
16679 Posts |
Great find Wolf! I have to keep my eye out.
swcoin.ecrater.com
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Bedrock of the Community
United States
10045 Posts |
AU55, wow congrats! 
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Pillar of the Community
United States
1418 Posts |
 Wow, that's great! Congrats!
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Pillar of the Community
United States
602 Posts |
Thanks all. At the library now. Next stop for this coin is Heritage auction. See what it will bring. Debated keeping it, but I could use the $$$$$. WOLF
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Pillar of the Community
 United States
4000 Posts |
Quote: Next stop for this coin is Heritage auction.  I can't say I blame you. But, I would have an awfully hard time parting with it.
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Pillar of the Community
Canada
1161 Posts |
Good luck with the auction Wolf. I hope it brings you a pretty penny...Or maybe a few other coins for your collection.
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Bedrock of the Community
United States
19961 Posts |
AU55....I agree with that grade! CONGRATS WOLF!
Lincoln Cent Lover!VERDI-CARE™ INVENTOR https://verdi.care/
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Pillar of the Community
United States
602 Posts |
(liveandievarieties) You have no contact info. I am wondering if this coin is being auctioned and where that is being done. I could not find it on Teletrade. WOLF
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Pillar of the Community
United States
2669 Posts |
Congrats Wolf! That's awesome! 
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Pillar of the Community
United States
601 Posts |
Hi Wolf- I've mentioned it several times, but my posts keep getting edited for self promotion. I guess all I am allowed to tell you is you have the correct information- coin has not uploaded to the auction yet, but it'll be in the 3/20 Premier Auction. I've probably said too much! Hope you read this fast- I'm sure it'll get deleted like my answers to other questions involving the coins I handle. Just luck that I saw your post, I haven't been on this forum in several weeks, I found one that's pretty friendly and has a lot of real experts, most of whom I deal with on a regular basis anyway.
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Pillar of the Community
 United States
4000 Posts |
I have a question: Is it common practice for a "high-end" auction house to use the Cherrypicker's Guide to determine a coin's value?
Heritage told Wolf that they weren't interested in his coin because it was listed as a $25-35 variety in the guide.
Am I missing something?
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Pillar of the Community
United States
601 Posts |
LOL, yes! Most "normal" dealers won't pay close to what the CP Guide suggests as value (and the prices in the book are WAAAAY off!) I had to do a lot of talking to convince Teletrade that these are significant coins. I went round and round with their "numismatist" who kept saying that they are 'esoteric coins' with extremely limited collector interest. I showed that fellow that I'd done $60,000 in die variety sales since becoming a consignor in September. I also butted heads with him for days about the coin's descriptions to be published in their advertisements. On the '72 DDO #4, he kept describing it as "the most appreciable of all 1972 doubled dies" and that the rim Cuds "were thought to be what caused the doubling". No, I'm not kidding- I was given creative control of the description content for the coins. We went round and round for days before his boss- the lead numismatist at Spectrum Numismatics read over everything and sided with my descriptions. Many people who handle very expensive coins can't wrap their brains around a 1992 cent being worth thousands of dollars. Many of them are unable or unwilling to chance their thinking. It's frustrating, but our hobby has made great strides in the 20 years that I've been playing with die varieties. I think it'll take another 20+ to get some people to change their thinking. It's unfortunate that Heritage has that take- but understand that they speak to thousands of people who want to sell, if they're not familiar with 20th century die varieties, it's probably not the place you want to sell, their clients buy what they regularly offer. There are better ways to liquidate the coin, "regular" dealers don't have the customers for it, and who would buy something they can't use or sell? I'd be happy to help. I don't think I've posted enough to be "allowed" to offer my contact info. Feel free to look me up by the same name on ebay. Best wishes my friends, -Chris Welch.
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Replies: 70 / Views: 7,738 |
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