Coin Community Family of Web Sites
Like us on Facebook! Subscribe to our Youtube Channel! Check out our Twitter! Check out our Pinterest!
Username:
Password:
Save Password
Forgot your Password?


Welcome Guest! Need help? Got a question? Inherit some coins?
Our coin forum is completely free! Register Now!

Bruce Morelan Buys Finest 1913 Liberty Nickel Legend Buys The Finest MS / PR Sets Of Liberty Nickels

Next Page | Last 15 Replies
 
To participate in the forum you must log in or register.
Author Previous TopicReplies: 29 / Views: 891Next Topic
Page: of 2
Press Manager
Learn More...
United States
1411 Posts
 Posted 02/24/2021  2:11 pm Show Profile   Bookmark this topic Add CCFPress to your friends list Get a Link to this Message
PCGS - Multimillion-Dollar Sets Involve the All-Time Finest 1913 Liberty nickel, Graded PR66 by Professional Coin Grading Service.

(Santa ANA, California) - Bruce Morelan and Legend Numismatics recently completed an historic $6 million transaction to reclaim an exquisite collection of Liberty nickels, including the 1913 Liberty nickel graded PR66 by Professional Coin Grading Service (www.PCGS.com). The sets, encompassing United States nickels dated from 1883 through 1913, were sold to Legend Numismatics by longtime collector Jerry Forsythe, who commissioned Laura Sperber and her Lincroft, New Jersey, auction company to build the sets.


Liberty Nickel, 1913 5C Liberty, PCGS PR66

"This specimen of the 1913 Liberty nickel was once owned by legendary collector Louis Eliasberg and, graded PCGS PR66, is the finest specimen known," explains Brett Charville, president of PCGS, which graded the 1913 Liberty nickel and other pieces in the Liberty nickel sets recently procured by Morelan. "Bruce and Laura as a team have built some of the finest coin collections of our generation. Their collaboration exemplifies the amazing accomplishments that can be achieved when an ultimate collector like Bruce works with a true numismatic advocate like Laura."

Both the Mint State and Proof collections of Liberty nickels are ranked as number-one sets in the PCGS Set Registry, meaning these collections of Liberty nickels cumulatively boast the highest overall grade-point average of coins for all such registered sets. The keystone coin for the Proof Liberty nickels With 1913 Proof (1883-1913) PCGS Registry Set is the 1913 Proof Liberty nickel, and this transaction marks the third time Morelan has owned this exact specimen.

"It clearly is one of his all-time favorite coins," says Legend Numismatics Founder Laura Sperber of the PCGS PR66 Liberty nickel. "Bruce has no plans on selling it and is planning to keep it alongside his 1794 PCGS SP66 Flowing Hair Dollar and 1804 PCGS PR65 Draped Bust Dollar as family heirlooms." She goes on to say, "As a previous owner, the late Dr. Morton Smith, once said, 'This coin needs a good home, [and] I am it.' Morelan has the same feeling, and it's his belief the 1913 Liberty nickel is one of the greatest coins to own in all of numismatics."

Morelan, whose recently repurchased 1913 Liberty nickel previously sold at auction in 2018 for $4.56 million, further cements his place among the greatest collectors of all time. "Not many collectors have owned both a 1913 Liberty nickel and 1804 Draped Bust Dollar," he notes. "Those two coins are so rare and popular, and simultaneous ownership just hasn't happened much." His achievements put him in the company of but a handful of prestigious collectors to include Eliasberg and Reed Hawn. Morelan plans on displaying his prized 1913 Liberty nickel at some point in the future.

Check out PCGS Liberty Nickels on ebay.
Moderator
Learn More...
United States
98038 Posts
Pillar of the Community
Learn More...
United States
4740 Posts
 Posted 02/24/2021  2:40 pm  Show Profile   Check chafemasterj's eBay Listings Bookmark this reply Add chafemasterj to your friends list Get a Link to this Reply
Awesome accomplishment. Keep trying to win Lotto.
Maybe one day.
Check out my counterstamped Lincoln Cent collection:
http://goccf.com/t/303507
Pillar of the Community
Learn More...
United States
8419 Posts
 Posted 02/24/2021  2:51 pm  Show Profile   Check GrapeCollects's eBay Listings Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply
To put this in full perspective, he paid 1.5 million over the auction price set 2.5 years ago or a 33% premium.

Wild.
My best finds: 1999-WAM:http://goccf.com/t/332161 1988-RDV-6:http://goccf.com/t/335954#2873459 1986-Off-center: http://goccf.com/t/335952
1999 WAM #2:http://goccf.com/t/338710&whichpage=1
1981 Double Struck In Collar: http://goccf.com/t/350199&whichpage=1
ANA id: 3194067
My Type Set: https://www.NGCcoin.com/registry/co...sets/236574/
If you want to buy something or sell something or just talk, shoot me a PM!
Moderator
Learn More...
United States
98038 Posts
 Posted 02/24/2021  3:14 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
To put this in full perspective, he paid 1.5 million over the auction price set 2.5 years ago or a 33% premium.
Even more amazing.
Pillar of the Community
Learn More...
United States
7053 Posts
 Posted 02/24/2021  6:57 pm  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
Wow - lovely.
Take a look at my other hobby ... http://www.finewoodcrafter.com
Too many hobbies .... too much work .... not enough time.
Pillar of the Community
United States
1037 Posts
 Posted 02/25/2021  10:28 am  Show Profile   Bookmark this reply Add Ballyhoo to your friends list Get a Link to this Reply
The third time he's owned this specimen? Why sell it only to buy it back, not once but twice. The silly things those with money do. Just stating the facts.
ANA member
PAN Member
BCCS Member

There's no problem only solutions - the late, great John Lennon
Pillar of the Community
Learn More...
Canada
3854 Posts
 Posted 02/25/2021  10:41 am  Show Profile   Check Pacificoin's eBay Listings Bookmark this reply Add Pacificoin to your friends list Get a Link to this Reply
Once again , proof that money is nothing if you have lots .
Impressive price performance!
Pillar of the Community
United States
2247 Posts
 Posted 02/25/2021  10:41 am  Show Profile   Bookmark this reply Add thq to your friends list Get a Link to this Reply
I'm content with my shabby assemblage.

As a former boss once said "You can do anything with money".

Coins that never circulated never served their purpose. Most of my coins show their years of service.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
Moderator
Learn More...
United States
98038 Posts
 Posted 02/25/2021  12:09 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Coins that never circulated never served their purpose. Most of my coins show their years of service.
Well done!
Pillar of the Community
United States
1567 Posts
 Posted 02/25/2021  1:11 pm  Show Profile   Bookmark this reply Add jmkendall to your friends list Get a Link to this Reply
I have mixed feelings about this subject.

I have been collecting since 1965 and dealing, at least part time, since 1984. I grew up in the San Francisco bay area. My paternal grandfather living in San Francisco and my maternal grandparents living in Fallon Nevada. My Grandfather owed a casino in Carson City; and had an interest in two others in Reno. I was aquainted with Bill Harris and LeVere Redfield. I knew Ted Binion rather more than each of those other gentlemen because of his dealings with my Grandfather. I have stories about Ted that I might share some day. He was a true character and I was sad to hear what happened to him.

The point is I have known several well heeled collectors in my life. I understand the importance of their contributions to the hobby. I understand the interest that the large auctions generate for our hobby and how they keep it alive.

Having said that it irks me that some of these people are not actually collectors. their passion is not about the coin, it is about their egos. I have sold coins to well known collectors in my day. They come, broadly, in two flavors. Those who come to the shop and get out their glass and pore over the coin with true delight. Then you have those who are just 'checking the box". They could care less about the coin. They never do more than glance at it. Some never do that much. They just want to be able to brag about it.

You almost feel that the coin is wasted on that person, because they just don't appreciate it.

I enjoy the hunt. I travel a lot and I go to a lot of antiques stores; flea markets and other shops. I see a lot of "not so great coins". I look at it all. I once bought a 1941- folder of Lincoln cents for $12 because it had an absolutely beautiful 1970-S small date in it. Or a 1909 to 40 folder because among the sea of mid grade coins it possessed a needle sharp 26-D in AU that is still one of my prized coins.

Think of it this way. Would you have more respect for a Dragon hunter who spent days in the wilderness tracking and finding the best Dragon possible to bag and bring home. Or would you have more respect for the person who hired someone else to hunt and bring back the best Dragon possible?
Edited by jmkendall
02/25/2021 1:14 pm
Moderator
Learn More...
United States
98038 Posts
 Posted 02/25/2021  4:14 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
It is rather disappointing that they are seen more as trophies than art.
Pillar of the Community
Russian Federation
3451 Posts
 Posted 02/25/2021  5:05 pm  Show Profile   Bookmark this reply Add january1may to your friends list Get a Link to this Reply
I honestly never understood the apparently extreme appeal of those silly mint sport issues in the first place... both the 1913 V nickel and the 1804 dollar.

OK, I admit, the 1804 comes with a neat backstory. I'm still not sure why it's supposed to mean that much, and IIRC there's not even a neat backstory for the 1913.
Pillar of the Community
United States
1567 Posts
 Posted 02/25/2021  6:09 pm  Show Profile   Bookmark this reply Add jmkendall to your friends list Get a Link to this Reply
January1May, I have some 1000 ruble notes that my Great Grandfather had when he left Russia in 1919 with Denikins Army and the evacuation of Sevastopol. Even though they have no collector value, the history behind them is absolutely dear to me.

I understand when you say those coins have little to no history!
Pillar of the Community
Learn More...
United States
7053 Posts
 Posted 02/25/2021  6:32 pm  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
Well said jmkendall - totally agree with your views.

I'm a passionate collector of average pice coins - enjoy the hobby. Others are trophy hunters.
Take a look at my other hobby ... http://www.finewoodcrafter.com
Too many hobbies .... too much work .... not enough time.
Pillar of the Community
Learn More...
Canada
3854 Posts
 Posted 02/25/2021  7:13 pm  Show Profile   Check Pacificoin's eBay Listings Bookmark this reply Add Pacificoin to your friends list Get a Link to this Reply
If it wasn't for well heeled investors , acquirers no matter what their goal or
purpose , most of the really sexy stuff would be lost to posterity forever .
I drool when I see material like this . Never be able to own it , but I certainly
Do not begrudge those that can !
Let's face it for most on these forums , to spend a hundred dollars on a coin is a lot .
I am betting that less than 5 per cent on here have
EVER Spent More than a thousand dollars on a single collectors coin .
But that is Grease for another thread .
Edited by Pacificoin
02/25/2021 11:47 pm
Page: of 2 Previous TopicReplies: 29 / Views: 891Next Topic  
 
To participate in the forum you must log in or register.





Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2021 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2021 Coin Community Forums
It took 0.85 seconds to rattle this change. Powered By: Snitz Forums 2000 Version 3.4.05