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Forum Dad
 United States
24150 Posts |
 The following is a press release from NGCPosted on 1/15/2014 2014 has already seen astounding auction results for NGC-certified coins. Three rare coins certified by Numismatic Guaranty Corporation® (NGC®) each broke $1 million at last week's Heritage Auctions' FUN Show sale. The elusive 1787 Brasher Doubloon, graded NGC MS 63, led the sale with a price realized of nearly $4.6 million. It is the finest certified example of the first gold coin struck in the United States. The next highest price was achieved by a 1913 Liberty nickel that was once the subject of an episode of Hawaii Five-O. Graded NGC MS 64, this famous rarity is the second-finest of just five pieces known and one of only three in public hands. It realized $3.3 million. A 1927-D Saint-Gaudens Double Eagle graded NGC MS 66 set a new record for the date when it sold for $1,997,500. With only 12 or 13 examples known, the 1927 $20 gold piece is the rarest regular issue United States coin struck 1793 to date. These three rarities were among the nearly $50 million in NGC-certified coins sold at auction during the first full week of January. In addition to the FUN Show sale, a number of auctions were conducted in conjunction with the NYINC in New York. The NYINC results were led by a Brazil 1822R Pedro I Gold 6,400 Reis graded NGC AU 55 that realized $499,375 in the Heritage Auctions sale. Only 64 examples were struck for presentation to dignitaries at the coronation of Pedro I as the first emperor of the newly independent Brazil, and only 16 specimens are believed to still exist. Another six NGC-certified world coins sold for more than $100,000 in the Heritage Auctions NYINC sale. The top result at the Stack's Bowers NYINC Auction, held January 10-13, was an NGC PF 64 Great Britain 1773 Pattern Five Guineas that sold for $375,000, or more than double the presale high estimate. Two other NGC-certified British coins realized six-figure sums at the Stack's Bowers sale. A 1768 Pattern Two Guineas graded NGC PF 63 sold for $170,000â€"more than triple the presale high estimate. Also notable is an NGC PF 61 Cameo 1820 Pattern Five Pounds that was acquired for $160,000. "The year has started with a number of fantastic results for NGC-certified coins," says Mark Salzberg, NGC Chairman. "The rare coin market appears to be quite strong and these auctions show the significant demand for both US and world rarities graded by NGC."
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Moderator
United States
23522 Posts |
Call me cruel, but the only thing I can think of is the burn associated with the new owners of the Brasher Doubloon - Monaco Rare Coins - only being a couple miles from PCGS.  |
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Pillar of the Community
United States
4409 Posts |
 I seem to recall seeing this Brasher Doubloon on display at a coin show in Kansas City in 2005. There was an armed guard standing about two feet from the rotating display case. I want to say that the 5 1913 V nickels were also on display too. Of course, I could be mistaken after all it has 9 years. -MV |
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Valued Member
United States
432 Posts |
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Moderator
United States
23522 Posts |
Quote:
I seem to recall seeing this Brasher Doubloon on display at a coin show in Kansas City in 2005. There was an armed guard standing about two feet from the rotating display case.
Philly WFM, 2012:   Seeing that was one of the highlights of my involvement with numismatics. |
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Bedrock of the Community
13014 Posts |
Just imagine what that would bring in an auction
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Moderator
United States
15402 Posts |
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Just imagine what that would bring in an auction LOL ... it just did ... as stated above by Bobby.  David Take a look at my other hobby ... http://www.jk-dk.art |
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Bedrock of the Community
13014 Posts |
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LOL ... it just did ... as stated above by Bobby. LOL I was on my phone and the pictures distracted me from the text  |
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Moderator
United States
23522 Posts |
They called it the "Ten Million Dollar Coin" at Philly. Not so much; not even the most expensive Brasher gold.
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Pillar of the Community
United States
9792 Posts |
Quote:I want to say that the 5 1913 V nickels were also on display too. Only 4 had been known at that time, but I remember a similar display at ANACS maybe the missing one was the counterfeit coin that Walton had made to use when displaying the coin. I once held two Brasher doubloons in my hand courtesy of Q. David Bowers during his "All about coins class" at the ANA Summer Seminar as a YN! Quite the thrill, he had a lot of the Garrett collection coins with him as the auction was coming up in a couple of months after the seminar I attended. We got to hold 1913 Liberty nickel, 1804 dollars, etc. An amazing experience for a then neophyte coin collector! Mr. Bowers is such a gracious and friendly individual. I thought the Brasher went for a lot less than I figured it would at the FUN auction, I was thinking around $6.5 - 8 million dollar range. "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/140440Edited by westcoin
01/22/2014 11:34 pm
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Moderator
United States
16677 Posts |
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Monaco Rare Coins - only being a couple miles from PCGS And about 30 from me  They are always at Long Beach. I'll have to check it out in February! Dave, that may have been the same one I saw at the Los Angeles WFoM show a few years back. swcoin.ecrater.com
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Bedrock of the Community
United States
10045 Posts |
I cannot wrap my head around the price and the appeal of that coin--except for someone to say they own one.  |
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Moderator
United States
23522 Posts |
From the sound of it, Monaco didn't buy the coin for a customer - they bought it because they wanted to own it. Coin dealers can be coin nerds too.  |
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Bedrock of the Community
United States
17884 Posts |
So they were NGC certified, they most likely would have brought the same raw. These coins are what they are, I really don't think they get any "extra" value from being in one slab than another. Quote:
A 1927-D Saint-Gaudens Double Eagle graded NGC MS 66 set a new record for the date when it sold for $1,997,500. With only 12 or 13 examples known, the 1927 $20 gold piece is the rarest regular issue United States coin struck 1793 to date. ReallY? What about the 1853-O no arrows half dollar, 4 known? The 1894-S Barber dime (Yes it is a regular issue) 9 known? The 1822 half eagle, 3 known? And I am sure there are others. Make that the rarest regular issue since 1900 and I would probably agree although there are possible some that might still give it a run for its claim. |
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Posted 01/22/2014 2:46 pm
