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Press Manager
 United States
1420 Posts |
PCGS - The anonymous winning bidder for one of the most famous United States coins, the ultra-rare 1894-S Barber dime that recently sold at auction for $1,440,000, has submitted the coin to Professional Coin Grading Service (www.PCGS.com) for Crossover Service. Previously housed in another grading company's holder, the historic dime that once belonged to legendary collector Louis E. Eliasberg Sr., is now encapsulated in a PCGS state-of-the-art holder and graded PCGS PR65  . 
1894-S Barber dime, PCGS PR65BM
The dime was sold on December 17, 2020 by Stack's Bowers Galleries and promptly submitted by the winning bidder to PCGS for Crossover Service. It is one of just nine known specimens from a total mintage of 24 dimes made at the San Francisco Mint in 1894. "We're proud to have graded the Eliasberg specimen of the 1894-S Barber dime," remarks PCGS President Brett Charville. "This is one of the most iconic United States rare coins and is one of but a handful that regularly trade for more than $1 million when crossing the auction block. That PCGS was chosen to grade this seven-figure treasure shows the trust collectors place in the accuracy of our grading and security our holders provide their coins." The 1894-S Barber dime is one of the most enigmatic of all United States numismatic rarities. It was struck at the United States Mint branch facility in San Francisco during a time when virtually all proof coins were produced at the Philadelphia Mint. The reason the 1894-S Barber dime was produced remains unclear, though one of the most common theories suggest that 24 of these Barber dimes were struck in 1894 at the San Francisco Mint to help balance the mint's accounting ledgers, which may have been $2.40 short. Some numismatic experts believe San Francisco Mint Superintendent John Daggett gave many of the 24 dimes to his friends and associates and three to his young daughter Hallie. Decades later, when Hallie sold one of the dimes, she reportedly said she had spent one of the three as a child to buy ice cream. That tale is intriguing but may be a fable involving a fabled and desirable rare coin.
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Pillar of the Community
United States
6527 Posts |
Ok what does BM stand for
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Valued Member
United States
137 Posts |
BM stands for Branch Mint
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Pillar of the Community
United States
6527 Posts |
Now when I buy my 1.4 million dollar coin I will know  |
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Pillar of the Community
United States
3468 Posts |
The most famous lore surrounding the dime is known as the "ice cream story," which holds that a high-ranking San Francisco Mint official struck them for banker friends and gave three to his daughter, Hallie Daggett, instructing her to set them aside for years. Supposedly, unaware of their numismatic value, the child quickly spent one of them on a dish of ice cream.
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Pillar of the Community
 United States
5178 Posts |
"Eliasberg" is the guy who bought the coin?
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Pillar of the Community
United States
9792 Posts |
Louis Eliasberg was a collector that had the first complete collection of US struck coins. His collection was sold by Bowers and Merena as well as Stack's in a series of auctions over a period of several years in the mid 1990's.
The Eliasberg on the label refers to the provenance of coming from his collection. A coin can be worth more if the provenance is great like in the case of a Norweb, Eliasberg, Garrett, etc. collection. You definitely want that name on the holder in this case.
"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
United States
5178 Posts |
So, in the future we will see "jbuck" or "GrapeCollects" on holders of ultra exclusive coins?  |
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Pillar of the Community
United States
8938 Posts |
Lol. I wish. I've had the privilege of handling a great number of rarities in my few years. I think the foremost rarity I've personally handled was a genuine 1943-D Copper Cent. The coin is currently raw but given the history of the coin and such I have no doubts of its authenticity. Its owner is not a collector but sees no reason to sell it. So at least I can say I've handled one of two known numismatic legends.
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Pillar of the Community
United States
9792 Posts |
Hey Grape, I'm pretty sure at one time Julian had the ultra rare and unique 1907 Gold High Relief Patterns that are now in the Smithsonian, as well as the 1877 Amazonian Pattern Set. I remember holding my first Gobrecht dollar, and it was one of his stock coins. He always had so many cool patterns in the 80's at shows, I was flabbergasted to see what he would have. Bonanza Coins must have some pretty interesting things come through it. "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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Moderator
United States
188130 Posts |
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So, in the future we will see "jbuck" or "GrapeCollects" on holders of ultra exclusive coins? One on my long-term goals that I am not in a hurry to reach.  |
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Pillar of the Community
United States
8938 Posts |
Quote:I'm pretty sure at one time Julian had the ultra rare and unique 1907 Gold High Relief Patterns that are now in the Smithsonian, as well as the 1877 Amazonian Pattern Set. I remember holding my first Gobrecht dollar, and it was one of his stock coins. He always had so many cool patterns in the 80's at shows, I was flabbergasted to see what he would have. Bonanza Coins must have some pretty interesting things come through it. I never was lucky enough to see the 1907 High Relief coins before they were put behind glass. As for patterns we actually still have quite a few, and some really interesting ones at that. |
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Pillar of the Community
United States
1613 Posts |
I'd pay extra with a jbuck provenance. ANA member - PAN Member - BCCS Member There are no problems only solutions - the late, great John Lennon
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Pillar of the Community
United States
3402 Posts |
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I'd pay extra with a jbuck provenance. Isn't it provenance only if the person is dead  ...sorry jbuck. KK |
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Moderator
United States
188130 Posts |
Again... I am not in a hurry.  |
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Replies: 14 / Views: 2,092 |
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Posted 12/27/2020 2:24 pm
