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1786 New Jersey Copper Variety Sells For $105,655.55

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vermontensium's Avatar
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 Posted 03/01/2011  8:03 pm Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this topic Add vermontensium to your friends list Get a Link to this Message Number of Subscribers
swcoin.ecrater.com
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 Posted 03/01/2011  9:07 pm  Show Profile   Bookmark this reply Add onejinx to your friends list Get a Link to this Reply
I love the coin, but why did they sell it on ebay. I would have put it in a major show auction or Heritage.(who am I kidding, I wouldnt sell it ever)
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vermontensium's Avatar
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 Posted 03/01/2011  9:26 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
I hear you Brett, I would have Heritaged it personally.
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BH1964's Avatar
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 Posted 03/02/2011  02:56 am  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
Nice article in this week's Coin World about this piece. The article states that this is the highest price ever paid for a coin on ebay!
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chris12018's Avatar
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 Posted 03/02/2011  06:24 am  Show Profile   Bookmark this reply Add chris12018 to your friends list Get a Link to this Reply
I bet ebay is loving that 9% in fees.
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Darth Anarchus's Avatar
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 Posted 03/02/2011  09:56 am  Show Profile   Bookmark this reply Add Darth Anarchus to your friends list Get a Link to this Reply
over $9,500 in ebay fees... wow
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SPQR's Avatar
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 Posted 03/02/2011  10:01 am  Show Profile   Bookmark this reply Add SPQR to your friends list Get a Link to this Reply
Ebay's final value fees top out at $50.00.
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biokemist6's Avatar
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 Posted 03/02/2011  1:08 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
Did the dealer know the specific attribution before listing or did bidders figure out that it was an R-8+ coin? I do find it interesting that Heritage has only hammered two higher values on Colonial copper- a 1792 Washington Getz pattern that sold for $149,500 in 2008 and a 1785 Connecticut African Head R-8 that sold for $115,000 in October 2010- so maybe ebay was not such a bad venue for this coin.
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w1a9c8k5's Avatar
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 Posted 03/02/2011  1:22 pm  Show Profile   Bookmark this reply Add w1a9c8k5 to your friends list Get a Link to this Reply
Crazy prices people will pay for something almost noone else can or will ever own
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 Posted 07/16/2011  3:54 pm  Show Profile   Bookmark this reply Add skittles to your friends list Get a Link to this Reply
Good afternoon,

I have a coin that I believe looks identical to the one you sold for over $105,000. It even looks like it may be in a little better condition, although it's hard to tell from the photo. I have searched throughout the Internet trying to locate other coins that look like mine but the design of the plow was always different as well as the orientation of the horse and the width of the shield. But the photo of yours matches. My local coin dealer said he could not help me as he does not deal in Post Colonial coins. Do you have any recommendations on how I can verify it's authenticity and value?

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Hambone's Avatar
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 Posted 07/16/2011  5:13 pm  Show Profile   Bookmark this reply Add Hambone to your friends list Get a Link to this Reply
We could help you a lot more if you could post some pics:)
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vermontensium's Avatar
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 Posted 07/17/2011  05:11 am  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
There are many varieties of the New Jersey Plow coppers. Post a picture here and we can better research the exact variety you have...hopefully.
swcoin.ecrater.com
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 Posted 07/17/2011  06:49 am  Show Profile   Bookmark this reply Add schockergd to your friends list Get a Link to this Reply
Skittles - post pics :)
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w1a9c8k5's Avatar
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 Posted 07/17/2011  09:48 am  Show Profile   Bookmark this reply Add w1a9c8k5 to your friends list Get a Link to this Reply
First! don't get your hopes up. Next just send it to a third party grading company
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Conder101's Avatar
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 Posted 07/18/2011  07:58 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
Third post pictures here so we can tell you if the TPG blew the attribution like they frequently do.

Also as to why it was listed on ebay, you will note in the pictures in the link in the OP that PCGS didn't attribute the coin. They just indicated that it was one of the bridle varieties which is really foolish since two of the four bridle varieties are rare, one is EXTREMELY RARE, and the last is VERY common. This one was not fully identified and I believe it was put up on ebay with no other attribution. The specialists discovered it there, it made the news and took off.
Edited by Conder101
07/18/2011 08:15 am
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 Posted 08/31/2011  12:05 pm  Show Profile   Bookmark this reply Add skittles to your friends list Get a Link to this Reply
Sorry I took so long, but here are a couple pics of the coin. I hope they have a good enough resolution so you can tell which coin it is.

1786-New-Jersey-Copper-Variety-Sells-For-$105,655.55

1786-New-Jersey-Copper-Variety-Sells-For-$105,655.55
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