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Replies: 7 / Views: 776 |
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Pillar of the Community
United States
2558 Posts |
I've never posted on this side of the forum but I found this coin very interesting. Not sure how they came to the conclusion that this was the first( possibly the die state). It just sold for 12 million USD. Here's the link. https://www.PCGS.com/news/america-f...ilver-dollar
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Pillar of the Community
United States
3848 Posts |
I don't know much about this piece, but I've seen this coin before, and it seems to be the face of all 1794 dollars. According to the PCGS article, this coin is the only coin that is graded as a specimen, and it is graded SP-66. A specimen is similar to a proof, so I am guessing this was a presentation piece, therefore believed to be the first coin stuck from the press. 66 is an extremely high grade, especially regarding this coin is 228 years old!
Too bad it has those ugly adjustment marks!! Now thinking about it, why would a specimen piece have adjustment marks?
Suffering from bust half fever. Want to learn how to attribute early half dollars by die variety? Click Here: http://goccf.com/t/434955Shoot me a PM if you are looking to sell bust halves.
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Bedrock of the Community
United States
94367 Posts |
Well, the correct weight is the correct weight! (Ian rocks).
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Pillar of the Community
United States
3327 Posts |
Quote: Too bad it has those ugly adjustment marks That actually makes it more appealing to me. They just grabbed the first disc off the stack and went to work. Wonder whose hand worked that planchet?... Regarding the GreatCollections connection, I guess I've helped them purchase all those monster coins!  Does anyone know offhand what they are doing with these magnificent rarities they're acquiring?
"Nummi rari mira sunt, si sumptus ferre potes." - Christophorus filius Scotiae
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Great Collections Representative
United States
33 Posts |
We sold this coin to a private client. All coins are in demand at the moment in this vibrant market, but in particular rarities like this 1794 $1 are coveted even more than a few years ago. (We were also the winning bidder for the PCGS 66+ CAC example that sold for $6.6m last August, which looks cheap today).
- Ian
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Bedrock of the Community
United States
11911 Posts |
Nice to see you here. 
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.com
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Pillar of the Community
United States
4680 Posts |
Read about this the other day. An amazing specimen and a smart acquisition in todays market by GC. Quote: (Ian rocks). I'll second that. GC has the best customer service of any of the big auction houses IMO. My favorite venue as a buyer.
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Pillar of the Community
United States
3327 Posts |
Yes, nice to have you here, GC!
Thank you for the reply. I assumed that someone had a particular interest in these gems and, perhaps, GC was the broker. Just getting a glimpse of coins like these is a great experience.
"Nummi rari mira sunt, si sumptus ferre potes." - Christophorus filius Scotiae
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Replies: 7 / Views: 776 |
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