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 Replies: 18 / Views: 2,143 |
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Pillar of the Community
United States
1302 Posts |
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Pillar of the Community
Canada
5239 Posts |
It costs $6,000 more ($156,000) if you use credit card/ paypal. So use a check!
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Bedrock of the Community
United States
94367 Posts |
How can that possibly grade only 35?
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Moderator
 United States
15392 Posts |
Indeed - what is the backstory for this being a proof issue?
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Pillar of the Community
United States
4680 Posts |
Quote:
How can that possibly grade only 35? My thoughts exactly. Looks like a solid XF to me. Granted I don't know the series well. Maybe a net grade for surface preservation.  |
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Pillar of the Community
United States
2869 Posts |
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Pillar of the Community
United States
7273 Posts |
Sadly I have to pass as my Lamborghini needs new brakes!
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Pillar of the Community
United States
3848 Posts |
I am assuming that it got such a low grade because it is a proof, there was more detail present in the first place. No significant strike weakness.
I would have a really hard time spending $100k (if I had the money) on such a small, unattractive coin. Yikers!
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
Australia
21786 Posts |
Perhaps the obvious wear on the reverse is the reason for 35.
Obverse grade appears to be much higher.
To my way of thinking,
when a proof coin exhibits 35 wear, the values of proof and business strike values tend to merge.
I suspect that this coin has seen at least some circulation, although because the wear is so biased to the reverse, it may have spent some time in a suspension bezel as jewelry.
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Pillar of the Community
United States
8515 Posts |
Could someone pass the Grey Poupon please ?
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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Pillar of the Community
United States
5825 Posts |
My saving grace is that it's a proof.
I don't collect proofs.
Also I don't collect gold coins except for my type set.
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Pillar of the Community
United States
3343 Posts |
It's an extremely rare coin, with only 16 known, possibly all proofs. The price seems fair for what it is. It looks like this specimen last sold in 1979.
Owning it would be like owning an 1804 dollar, of which 15 exist. It's that rare.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
Edited by thq
03/03/2022 09:08 am
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Moderator
United States
187702 Posts |
Way outside my lane. Our house cost less (well, twenty years ago).  |
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Bedrock of the Community
Australia
21786 Posts |
With only 16 produced, an intending buyer would have to be highly motivated by the rarity, and ignore the wear on the reverse.
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Pillar of the Community
United States
3343 Posts |
It is peculiar that a precious metals broker came into possession of this very rare coin.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
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Bedrock of the Community
United States
11880 Posts |
I've bought a rare coin from this outfit. They have great service and a reputation to uphold. I got the email offering this coin yesterday. There are other rarities you can buy that are rarer and less pricey than this. It is all in what the demand for the coin is. It is rather unattractive but it is in the list of 100 Greatest U.S. Coins for folks who are collecting that set.
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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Replies: 18 / Views: 2,143 |
Posted 03/02/2022 6:40 pm
