What 7 Figure Purchase Is Next? - Coin Community Forum

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Author	Replies: 11 / Views: 1,190
SFDukie Pillar of the Community United States 980 Posts	Posted 06/07/2005 03:09 am Legend, the company which paid 4 million US$ for the 1913 Liberty nickel (see links below) states in their market report that they are buying another Million dollar coin in a week or so-any want to post their guesses? Don http://www.legendcoin.com/2005/marketreport.html Edited by SFDukie 06/07/2005 03:11 am Report this Post to the Staff

toast Pillar of the Community Australia 1091 Posts	Posted 06/07/2005 04:15 am I'll guess a famous 1943 Copper/bronze penny. Report this Post to the Staff
OldDan Pillar of the Community United States 1203 Posts	Posted 06/07/2005 12:00 pm I think it will be an ultra-high-relief 1907 Saint-Gaudens double eagle. I named this coin because I have heard that Midas is ready to sell. Report this Post to the Staff
national dealer Pillar of the Community United States 2724 Posts	Posted 06/07/2005 4:04 pm NO cent will see 7 figure prices in many, many years. There are only a few coins that have seen the Million Dollar + price tag. Most Valuable U.S. Coins Price Realized-Date-Auctioneer Sale 1913 Liberty Head Nickel $1,485,000 May 1996 Bowers & Merena Eliasberg 1804 Silver Dollar - Original $1,815,000 April 1997 Bowers & Merena Eliasberg 1907 Extremely High Relief Double Eagle $1,210,000 May 1999 Goldbergs Ariagno 1804 Silver Dollar - Original $4,140,000 August 1999 Bowers & Merena Childs 1804 Silver Dollar - Original $1,840,000 October 2000 Stack's Dexter-Dunham 1913 Liberty Head Nickel $1,840,000 March 2001 Superior Eliasberg 1933 Double Eagle $7,590,020 July 2002 Sotheby's/Stack's 1907 Extremely High Relief Double Eagle $1,150,000 February 2003 Goldbergs Ariagno 1870-S Silver Dollar $1,092,500 May 2003 Stack's 1804 Silver Dollar - Restrike $1,207,500 July 2003 Bowers & Merena Adams-Carter 1885 Trade dollar $1,006,250 Novenmber 2004 David Lawrence Norweb 1787 Brasher Doubloon - Punch on Breast $2,990,000 January 2005 Heritage Gold Rush 1787 Brasher Doubloon - Punch on Wing $2,415,000 January 2005 Heritage Gold Rush 1866 No Motto Silver Dollar $1,207,500 January 2005 American Numismatic Rarities 1894-S Barber dime $1,035,000 January 2005 Heritage Report this Post to the Staff
national dealer Pillar of the Community United States 2724 Posts	Posted 06/07/2005 4:06 pm Now there are a few that come to mind, but my first guess will be the Kellogg Double Eagle currently for sale for $2 Million. Report this Post to the Staff
catman Rest in Peace United States 954 Posts	Posted 06/07/2005 6:01 pm They can buy me any one of them but I think it will be the 1894-S Dime. catman Edited by catman 06/07/2005 6:02 pm Report this Post to the Staff
toast Pillar of the Community Australia 1091 Posts	Posted 06/08/2005 08:24 am How much does a 1943 copper penny go for? As a kid I'd always thought if I found one I'd be a millionare. Report this Post to the Staff
national dealer Pillar of the Community United States 2724 Posts	Posted 06/08/2005 10:07 am Depending on condition (there are about 25 known) they are in the very low 6 figures for ultra nice coins. The highest amount paid was $112,500. Here is a good link for the coin. http://www.coinfacts.com/small_cent...per_cent.htm Report this Post to the Staff
SFDukie Pillar of the Community United States 980 Posts	Posted 06/09/2005 3:27 pm And the answer is: http://www.pcgs.com/articles/articl...iverseid=313 "We are also pleased to announce the purchase of the Dallas Bank 1927D $20 PCGS MS66 for $1,650,000.00. The coin is now placed in a private collection we are exclusively building. This coin is one we have regretted not buying when it came to market back in 2001. It is very possibly the second finest known 27D. " It's funny, but for a company with very deep pockets, and obvious passion for coins, one might think that a more understated approach than this would be in order. "We do not just handle "widgets".Â WeÂ LOVE buying world class rarities as you can see. To see highlights of 2004 and past years, please go to our highlights page. In 2005, we have already bought and sold the $1 1866 NO MOTTO NGC PR63 $1,207,500.00 and the 10C 1894S PCGS PR65 $1,035,000.00.Â And we are only warming up!Â Its doesn't matter whether you are building the all time finest collection or just an a coin to fill a hole-we can help! " If I were ever in the market for a million dollar coin (and alas, I won't be) I would prefer less exclamation marks!!! However, that may just be my envy talking... Edited by SFDukie 06/09/2005 3:41 pm Report this Post to the Staff
national dealer Pillar of the Community United States 2724 Posts	Posted 06/09/2005 3:57 pm I think that most of you would be surprised at how many high dollar coins are traded quietly amongst dealers. While free publicity is nice on occasion, too much is ......... Report this Post to the Staff
OldDan Pillar of the Community United States 1203 Posts	Posted 06/09/2005 11:19 pm This is what the article said: quote: "In addition to the low mintage, researchers believe that most of the 1927-D Saints were melted in the 1930s for their gold content. Only about a dozen surviving specimens are known; two of them are permanently part of The Smithsonian's coin collection, and a third is on loan there," said Steven L. Contursi, President of Rare Coin Wholesalers. I happen to believe that there are more of these than they seem to know about. Oh well, who is going to argue with the experts. Cone to think of it, I guessed the right coin, but I was only 20 years off on the date of mintage. Report this Post to the Staff
SFDukie Pillar of the Community United States 980 Posts	Posted 06/10/2005 12:03 pm quote: Originally posted by OldDan This is what the article said: quote: "In addition to the low mintage, researchers believe that most of the 1927-D Saints were melted in the 1930s for their gold content. Only about a dozen surviving specimens are known; two of them are permanently part of The Smithsonian's coin collection, and a third is on loan there," said Steven L. Contursi, President of Rare Coin Wholesalers. I happen to believe that there are more of these than they seem to know about. Oh well, who is going to argue with the experts. Cone to think of it, I guessed the right coin, but I was only 20 years off on the date of mintage. Hi OD, I'd much prefer the 07 ultra high relief, anyway Don Report this Post to the Staff
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