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Holy Toledo!!! 1820 Bust dime in PCGS MS67 over $100k
EastonCollection
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In the upcoming Heritage auction, they have a 1820 JR-2 capped bust dime in pcgs MS67. The coin looks absolutely magnificent! The coin has been CAC. Personally, I can't wait to actual see the coin in hand. I think its one of the finest capped bust dimes in existence!!!!
But.... But the current bid is over $100k with the juice and the auction is still a week away. This price so far is unreal!!!! Does anyone share my thoughts or does anyone think its worth more. BTW- the JR-2 is the famous office boy reverse and its really cool to see the miscutting in the AM in America.
But still - is this price for real??? Come on folks - I wanted the coin but get real - $100k plus......
Link
But.... But the current bid is over $100k with the juice and the auction is still a week away. This price so far is unreal!!!! Does anyone share my thoughts or does anyone think its worth more. BTW- the JR-2 is the famous office boy reverse and its really cool to see the miscutting in the AM in America.
But still - is this price for real??? Come on folks - I wanted the coin but get real - $100k plus......
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Easton Collection
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Coin is spectacular!
let us know what you think about the coin in-hand vs those 2 sets of images, i'd appreciate it. it just looks "off", which is vague but i can't put words to it.
an amazing coin for sure.
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<< <i>Ok - Boss - I corrected the post - its mint state!!! Any thoughts on price???? >>
I don't see history for a MS67 but the price sounds about right for a PCGS MS67 with a green bean. I doubt it will go much higher but you never know.
It is a superior looking coin
Tomorrow - I am going to buy $100 in powerball tickets. If I win powerball, then I will buy this coin. You never know...Otherwise its a dream........
But these days everyone seems to want sizzle, blast, and eye popping pop tops. This coin looks like a superb gem toned bust dime ought to. But Newman seems to have spoiled the "wild crowd."
I didn't realize that Oliver Jung was back collecting again....thought he sold out in 2004.
<< <i>Interesting that it's a pop2 but on Heritage it shows as a pop1. >>
Heritage is in error, although looking at CoinFacts the other MS67 is pure white, so in some sense this coin is pop 1.
It is a gorgeous dime!
PCGS CERT LINK
<< <i>RR- Newman didn't spoil me - I didn't like his capped bust dimes. >>
But many others did. And they went gaga over his bust quarters and halves. It goes to show you what a judicious dipping + 60-80 yrs of toning can do for you.
The live scans of the coin barely show luster. You'd expect a lot better video/photo for $100K.
<< <i>Well after seeing the secure-view image I'd sure rather have the cash
PCGS CERT LINK
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Sigh sigh sigh
And that's a recent SP photo.
If you tell me it's spectacular then I can believe it. If it is a true MS-67 then its something special.
From the pics the toning is ho-hum, not spectacularly attractive, but not unattractive either.
Maybe the market for super gem top-pop Bust Dimes are moving up.
Maybe 2 or more people just REALLY want the coin and demand is driving the price.
Certainly there are many different types of collectors who could be interested in this coin.
A $100,000+ Capped Bust Dime is not unreasonable these days, but it's not typical either.
My conclusion - This one is not easy to gauge.
This image is probably closer to the truth:
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<< <i>No way would I spend so much money for such a tiny coin. >>
At least it's an early large-diameter...
Before, I spent that type of money, I would want to know that this one was the best. I don't think there are sufficient records or information out there on capped bust dimes knowing that this is the best coin. So if you are paying record price for the best coin and then another one pops up, then you may see your coin not a record achieving coin when its time to sell.
BTW - I would need to win the lottery to buy this coin- so I will be buying my power-ball tickets!
<< <i>Well after seeing the secure-view image I'd sure rather have the cash
PCGS CERT LINK
>>
It is listed as POP-1 on the cert. link ? ? ?
HH
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I have not seen their bust dimes, but I have seen the Pogue family bust quarters. Let me tell you -- those bust quarters still haunt my dreams.
<< <i>It's in a secure holder, so someone made it a 7. >>
Not necessarily. It could have been graded 7 long ago, was recently submitted for a regrade,
and failed to get a bump.
<< <i>
And that's a recent SP photo. >>
No, it's not. It's from early 2010. This is one of the very first SP Photos. Looks like it was graded at a show that I was not in attendance (Photo didn't go to shows very often back then), otherwise we would have definitely gotten a photo of it.
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<< <i>
<< <i>
And that's a recent SP photo. >>
No, it's not. It's from early 2010. This is one of the very first SP Photos. Looks like it was graded at a show that I was not in attendance (Photo didn't go to shows very often back then), otherwise we would have definitely gotten a photo of it. >>
Ok. I was wrong.
I'm going to note it's in a 2014 gen holder.
1) does SP shoot a new SP photo every time a SP coin is back "in house" ?
2) as a SP proponent these low quality photos frustrate me as they don't adequately depict the coin. Is there a process to review SP photos when SP coins are back "in house" to ensure they meet SP services basic needs?
If I were selling a spectacular expensive coin I would "want a great auction firm to sell my coin," a great photograph," and a great write up!" Why do we have to settle for less? I guess two for three is the best we can hope for? Am I still dreaming in this day and age? Wouldn't it be nice if PSCG could work out a deal (make more money, hint, hint!!!) with an Auction house (hint, hint!!!) to "sell" or at least their TRUEVIEW PHOTO as a "one time print publication?" I know I may get a bunch of reasons why not.......if so, at least "Link" to PCGS.
So, you all tell me: What sells a coin best? Words or pictures?
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<< <i>So, you all tell me: What sells a coin best? Words or pictures? >>
On words, all catalogue descriptions need to be taken with a grain of salt. Usually it consists of boilerplate and puffery. On pictures, don't buy from photos.
What sells a coin? Knowledge on the buyers side and in-hand viewing of the coins.
And people with large specialized consignments can, and do, assist with the cataloguing of their coins.
<< <i>
<< <i>So, you all tell me: What sells a coin best? Words or pictures? >>
On words, all catalogue descriptions need to be taken with a grain of salt. Usually it consists of boilerplate and puffery. On pictures, don't buy from photos.
What sells a coin? Knowledge on the buyers side and in-hand viewing of the coins.
And people with large specialized consignments can, and do, assist with the cataloguing of their coins. >>
While that is for the most part true, never underestimate the power of a good catalog photo, a great description, and an ample serving of puffery. Some of the new buyers out there are bidding on photos and a description,
even for 5 figure coins. In some cases they might have a trusted source at the auction house look at the coin for them. But, if they can't see the coin in person, the photo is a big player.
The odds that this 1820 bust dime is finest known for the type? I'd say pretty close to 0%. There has to be a coin with cleaner surfaces, more vibrant luster, and prettier coloration that this one. It may not be graded yet but
there has to be a better looking coin than this. The best of the best should knock your socks off. I'd wager that there are some bust coins in 66 holders (of varying vintages) that are as nicer or nicer than this coin. Not every
coin graded back in the earlier years has made it back for regrades (ie like Pogue coins).
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<< <i>The odds that this 1820 bust dime is finest known for the type? I'd say pretty close to 0% >>
The catalog says that it is the finest graded of the variety not the finest known of the type. It is PCGS with CAC and from Oliver Jung. Is it worth the current bid? Ask the bidders.
CG
<< <i>
<< <i>The odds that this 1820 bust dime is finest known for the type? I'd say pretty close to 0% >>
The catalog says that it is the finest graded of the variety not the finest known of the type. It is PCGS with CAC and from Oliver Jung. Is it worth the current bid? Ask the bidders.
CG >>
Understood. But, I'm replying to what EastonCollection wrote earlier:
I think this will be a world record price for a capped bust dime in mint state condition when the coin sells next week. I would think that before I would spend so much money for a coin even though its speculator, I would want to know that there isn't a finer capped bust dime out there.....
Is it worth $100K+ as a finest known for variety? Don't know. It matters little to me that it's from Oliver Jung. A lot of his type coins that were sold in 2004 were an assortment of quick buys in high holders. It's not like the pedigree is a Gardner, Norweb, Pittman, Stack, TDN, Pryor, Price (early bust dimes), etc.
It is not the image that comes to mind when I think MS67.
<< <i>Considering some of the toned monsters that came out of Newman and Gardner, this coin almost looks too subdued, mottled and just ok. Mind you that's ok. At least it was for me from 1975-2011.
But these days everyone seems to want sizzle, blast, and eye popping pop tops. This coin looks like a superb gem toned bust dime ought to. But Newman seems to have spoiled the "wild crowd."
I didn't realize that Oliver Jung was back collecting again....thought he sold out in 2004. >>
It does look a little dark in the photo and short video. In hand, it could be better...
I'm surprised at some of the responses. It looks like a solid 67 in the photos.
<< <i>So - I was doing some looking up and I noticed that a 1820 JR-2 bust dime in NGC 67 sold in the January 2014 Goldberg's sale for $38,775 - I thought that coin was nice looking but I thought it would have a chance of crossing? Now, should the price differential be over $60k for the same graded coin??? >>
A tripling in price could easily be the case, especially if that PCGS MS67 is a pop 1 - finest graded. The NGC 67 traded as if it were a PCGS 66. Chances of crossing such a coin are probably <5%. Your best shot is to crack it out. Even a PCGS66+ is probably worth more than an NGC67. The TPG's have basically reduced your market risk for cracking out an NGC coin assuming the coin is not AT or altered in any way.
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