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Replies: 16 / Views: 3,119 |
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Pillar of the Community
1028 Posts |
I've seen recent threads about various super rare coins i.e. ones that have less than 100 known examples.
I was wondering...when's the last time in history somebody actually found a super rare coin.
I don't mean a rare variety or something like a 1916 SLQ, I mean the super rare coins. When's the last time somebody found something like a 1894-S dime or a 1876-CC 20c or of coarse an 1804 silver dollar etc.
Are any of the super rare coins still out there in some great grandmother's dresser drawer or have they all been accounted for.
When's the last time one has been found?
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Pillar of the Community
United States
2589 Posts |
I recall a year or two back there was an ultra rare high quality half ealge or eagle that came to the market that was put up on one of the main auction houses. A family had owned it for many generations before selling it. There was also a previously unknown example of a early reeded cent that was discovered recently that only had a mere handful known, the owner purchased it from a dealer who didnt know about the variety.
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Pillar of the Community
 1028 Posts |
those are interesting, but still one is more of a condition rarity and the other is just a rare variety.
When's the last time a classic rare date/mintmark coin has been found.
The best example I know of is that a 1794 silver dollar was literally found in a drawer or something by a non-collecting descendant of somebody who just kept it a while back. The person apparently just took it to a local coin shop and asked what it was. This happened maybe 15 years ago I think.
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Pillar of the Community
United States
5854 Posts |
Though not as recent as the ones that xavierofgreen mentions, I think maybe somewhere between 5-6 years ago someone brought out a 1854-S quarter eagle that had been in a safety deposit box for years. I think it was certified as XF-45. I forgot how much it sold for but I think it was over $200000. Another coin that I remember found in 2006, though it is a variety but a very well known one especially to bust half dollar collectors is the 1817/4 half dollar. This coin was literally found in the dirt. It later sold for more than $250000 though a more recent sale of it had it barely making 6 figures. This is the link to the most recent sale of that coin: http://coins.ha.com/c/item.zx?saleN...4&lotNo=2418 Just from googling, turned up an article of a 1856-O double eagle that was discovered last year. I have included a link to that article: http://www.coinlink.com/News/us-coi...-long-beach/Goes to show that those rarities are still out there waiting to be discovered. I hope I will be lucky enough to discover a major rarity.
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Pillar of the Community
United States
968 Posts |
I remember several years ago somebody bought a (I think) chain cent from a coin shop in Oregon that turned out to be a very rare variety that the owner missed. I think it was bought for a few hundred dollars and sold at auction somewhere north of $100,000. For the life of me I can't find the story on the web though. I am certain it was in Oregon and almost certain it was a chain cent. Edit: Ok, found it in a thread right here. The guy who found it even posted! It was a 1795 Large Cent with a Reeded edge he bought at a coin shop for $1000. Only 6 are known and that one went for $400,000. http://www.coincommunity.com/forum/...&whichpage=1
Edited by Saruma 10/17/2011 11:44 pm
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Pillar of the Community
United States
7191 Posts |
There was a thread on this sight referring to a 1915 s Panama-Pacific Exposition $50 piece. One of them would be the holy grail to my commemorative set.
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Valued Member
United States
425 Posts |
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Pillar of the Community
United States
2589 Posts |
That 1795 chain cent was the one I was thinking of, nice work finding the thread Saruma. I couldnt remember the date and exact details but I remembered reading about it someplace and it must have been here on the forum lol.
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Pillar of the Community
United States
968 Posts |
Oh yeah, I guess we are talking about the same thing. It was in the news, so I'm surprised I can't find the story online. I remembered the Oregon part because my family is from there and I thought "Dang! Why couldn't I have gone to that shop when I was up there?".
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Bedrock of the Community
United States
20753 Posts |
I wonder how all those odd type Cents that popped up so much lately would fall into those examples. Like the 1943 Copper Cents, 1974 Aluminum, 59 Wheat Back, 44 Steel Cent, etc. None would go into the hundreds of thousands but some are way up there in value.
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Bedrock of the Community
United States
17884 Posts |
A few years back a 1792 "silver center" cent walked into an ANA convention. The King of Siam set turned up in England in 1962. The Eureka specimen of the 1870-S dollar turned up in the 1970's. The 1870-S Half Dime was found in I believe 1982. A new 1873-CC no arrows quarter turned up in the 1990's.
Edited by Conder101 10/18/2011 2:27 pm
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Valued Member
United States
466 Posts |
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Pillar of the Community
United States
3276 Posts |
There was a thread here a few months ago where a member had a 1915 Panama-Pacific $50 Octagonal that he got from his uncle or something like that. It sold in auction for $86,250.00 thread is here: https://goccf.com/t/70766&whichpage=1
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Valued Member
United States
401 Posts |
A few years ago a rare strawberry leave 1793 large cent showed up in maine. I think the family got around $750,000 at auction
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Pillar of the Community
United States
659 Posts |
there are still several missing 1894 S dimes, I think.
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Bedrock of the Community
United States
17884 Posts |
The Strawberry leaf was not a new specimen though, just the finest one whose location had been unknown since the early 40's.
The 94-S dime is a good possibility We know 24 were made and for the most part they have been known to be rarities since the very beginning. Five were destroyed for assay purposes yet only 9 of them are known today. I'm sure some of them are still out there.
Edited by Conder101 10/20/2011 11:12 am
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Replies: 16 / Views: 3,119 |