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Replies: 8 / Views: 1,580 |
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Valued Member
United States
179 Posts |
Luck, Knowledge and Timing paid off. For 21 days after I placed my bid on Lot 7001 I was a nervous wreck. Heritage, God Luv 'em, provided a useless auction description. NGC, God luv 'em, failed to do adequate research to denote the coins proper variety. Perhaps the level of rareness made many unfamiliar with this admittedly esoteric piece, and the confusing reverse added to confusion. But, what it IS, is the Transposed Arms Variety, Newman 2-G. On the reverse, the shields of Scotland and Ireland are different from all other AmPlants. It's obvious, if you "look". Walter Breen noted six known, Whitman says more have came to light, but Auction sale records are virtually non existent, the only I could ding was one SB sale two years ago for a very gnarly VF ($3700). PCGS has no archived auctions for this coin and in fact lacks illustrations of it. Two have been slabbed by PCGS. ••••••. Lot 7001 was the first lot up for the day. I'm glad I had a large bid set because I was not able to get to it before bidding was over. It ran up about 450 and stopped with my book bid winning, with BP $1290. ••••••. With no sales of record it's impossible to value this but the Pricd guide lists 40 at 17K and 53 at 25K. They DO actually grade these well and by comparisons with graded pieces I think this one is solid AU. The tin pest present on the reverse may bring Genuine into play but it's a close call. They DO understand this issue well. Anyway, it's a major addition to the set, the collection as a whole, and most importantly a message to ALL of you that sometimes the little guy can win. Learn your series, memorize and understand the references, have faith in your knowledge and sometimes, sometimes.. ..it all goes good for you. 1688 American Plantations Token Breen 82 Newman 2-G Original Strike Transposed Arms. Enjoy!  .  . 
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Pillar of the Community
Canada
4911 Posts |
Wow nice job.
Feel free to call me Will.
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Pillar of the Community
United States
8904 Posts |
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Pillar of the Community
United States
4897 Posts |
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Pillar of the Community
United States
2543 Posts |
Quote: and most importantly a message to ALL of you that sometimes the little guy can win. Learn your series, memorize and understand the references, have faith in your knowledge and sometimes, sometimes.. ..it all goes good for you. Great story Thanks, no truer words of wisdom  Good for you, so much better of a story than " hey, look what I blindly and unknowledgeably stumbled upon"
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Valued Member
United States
397 Posts |
Great, great story. Congrats!
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Pillar of the Community
United States
2311 Posts |
Great story! 
Edited by solotime 12/13/2013 9:49 pm
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Pillar of the Community
United States
9792 Posts |
Knowledge is king and you are the king for picking up on this auction - great job and congrats on a nice piece!!
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector. See my want page: http://goccf.com/t/140440
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Pillar of the Community
Canada
1823 Posts |
Sweet deal 
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Replies: 8 / Views: 1,580 |
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