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WOW!!!

ElmerFusterpuckElmerFusterpuck Posts: 4,796 ✭✭✭✭✭
I was tracking this one, but I think the final price was insane! I wonder how this coin will look in hand, will those colors or luster really pop? I'm not as experienced with Heritage images, so just wondering.

1831 PCGS AU-53 CAC Gold
«1

Comments

  • braddickbraddick Posts: 24,818 ✭✭✭✭✭
    CAC could simply believe the coin is AU55 and award the gold sticker- no?

    Either way, the color and originally won the day.
    Truly a gorgeous coin for being slightly circulated.

    peacockcoins

  • mkman123mkman123 Posts: 6,849 ✭✭✭✭
    I believe this one was talked about ATS by Mark Feld. He and other members said that the colors on this one are crazy!
    Successful Buying and Selling transactions with:

    Many members on this forum that now it cannot fit in my signature. Please ask for entire list.
  • keyman64keyman64 Posts: 15,537 ✭✭✭✭✭
    Congrats to the seller! WOW is right. The coins is much too dark for me to like it but I guess someone does.
    "If it's not fun, it's not worth it." - KeyMan64
    Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners. :smile:
  • stmanstman Posts: 11,352 ✭✭✭✭✭
    Seems like a fair price for a colored bullion piece. image
    Please... Save The Stories, Just Answer My Questions, And Tell Me How Much!!!!!
  • Mark Feld spun up a bunch of collectors over at the land of misfit toys. Between the marketable attributes and the prolific exposure it was a foreseeable outcome IMO.
  • BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭
    image
    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
  • WingedLiberty1957WingedLiberty1957 Posts: 2,992 ✭✭✭✭✭
    Someone please explain the "land of misfit toys". Where is that. Could it be the ngc forum you are talking about. Why misfit?

    I do like the coin. Gorgeous.

    One other question ... What does ATS mean. ??
  • SmEagle1795SmEagle1795 Posts: 2,199 ✭✭✭✭✭


    << <i>
    One other question ... What does ATS mean. ?? >>



    Across The Street, the NGC forum.
    Learn about our world's shared history told through the first millennium of coinage: Colosseo Collection
  • cameron12xcameron12x Posts: 1,384 ✭✭✭
    How does this coin still exhibit so much luster in the fields wiith so much wear on the devices? image
  • BryceMBryceM Posts: 11,857 ✭✭✭✭✭
    I was drawn to this coin, but that much money was a bit ridiculous I thought.
  • bidaskbidask Posts: 14,028 ✭✭✭✭✭
    Buried
    I manage money. I earn money. I save money .
    I give away money. I collect money.
    I don’t love money . I do love the Lord God.




  • lavalava Posts: 3,286 ✭✭✭
    $3,671.88.
    I brake for ear bars.
  • mkman123mkman123 Posts: 6,849 ✭✭✭✭
    very pricey, couldn't afford it but if someone can and they are enjoying it, best to them.

    ATS is across the street, the NGC forum which I like as well image
    Successful Buying and Selling transactions with:

    Many members on this forum that now it cannot fit in my signature. Please ask for entire list.
  • CoinJunkieCoinJunkie Posts: 8,772 ✭✭✭✭✭
    Nice piece, but the price paid is completely insane, IMHO.
  • TomBTomB Posts: 22,080 ✭✭✭✭✭
    Lots of color, that's for certain. Toning often brings out emotional bids and I think it fair to say this happened here.
    Thomas Bush Numismatics & Numismatic Photography

    In honor of the memory of Cpl. Michael E. Thompson

    image
  • lavalava Posts: 3,286 ✭✭✭
    From the description: "Price for problem free NGC/PCGS coin in AU53: $300."

    I have no explanation as to how this coin fetched a multiple of a multiple. It would be interesting to know more about the thought process involved behind the bidding once it got above $1,200.
    I brake for ear bars.
  • stevebensteveben Posts: 4,638 ✭✭✭✭✭
    I hope it's everything you are hoping for. it looks really nice. with exception of one coin...every coin I have bought from heritage has met or exceeded my expectations.
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  • rheddenrhedden Posts: 6,632 ✭✭✭✭✭
    Yeah, did anyone bother to look up the Overton variety? If it's the finest known of an R5, that would justify the price. That being said, I bet it's not.
  • stealerstealer Posts: 4,035 ✭✭✭✭


    << <i>MF called this coin a one of a kind, super special toner, with as many superlatives as he could muster. >>


    Well then that explains the price.

    I would not want that coin, it's just way too dark...
  • NicNic Posts: 3,411 ✭✭✭✭✭


    << <i>

    << <i>Mark Feld spun up a bunch of collectors over at the land of misfit toys. Between the marketable attributes and the prolific exposure it was a foreseeable outcome IMO. >>



    image >>



    That was rude x2.

    K
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  • sniocsusniocsu Posts: 1,291 ✭✭✭
    Nice color but not for me
  • lkeigwinlkeigwin Posts: 16,893 ✭✭✭✭✭


    << <i>Yeah, did anyone bother to look up the Overton variety? If it's the finest known of an R5, that would justify the price. That being said, I bet it's not. >>

    It's your run of the mill (ahem) R1. O.104.

    Mark's thread ATS is entitled "perhaps THE most beautiful CBH I have ever seen". Think that helped push up the price? (I'm sure that wasn't Mark's intent.)

    HA's images below.
    Lance.

    imageimage


  • << <i>
    Mark's thread ATS is entitled "perhaps THE most beautiful CBH I have ever seen". Think that helped push up the price? (I'm sure that wasn't Mark's intent.)

    >>



    I too am sure that wasn't MF intent but he is held to a higher standard partial due to his reputation but more so the large following of hobbyists that he has that have put their absolute trust in him and his opinions. Just as insiders and reporters must be careful on their proclamations to the public on stocks in the Banking world, People who are held in that position as to have a crystal ball and or tastes need to be extra careful of what they say and to whom.

    I think this result is more a statement of the power of Marks public statement and that particular audience then the absolute quality of that pitcular coin although I would admit it would have brought strong money if he had never voiced his honest opinion. I would be surprised to say the least if a member of ATS didn't buy the coin.
  • mkman123mkman123 Posts: 6,849 ✭✭✭✭
    Bought my first coin from Mark recently and I'm glad. He has a good eye and was a pleasure to work with. I would say most forum members here and ats are great.

    Ankur said he won the coin, I'm happy for him. I couldn't spent that much but if he enjoys it, more power to him
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  • WingedLiberty1957WingedLiberty1957 Posts: 2,992 ✭✭✭✭✭
    the neon is crazy great
  • JRoccoJRocco Posts: 14,277 ✭✭✭✭✭


    << <i>

    << <i>Yeah, did anyone bother to look up the Overton variety? If it's the finest known of an R5, that would justify the price. That being said, I bet it's not. >>

    It's your run of the mill (ahem) R1. O.104.

    Mark's thread ATS is entitled "perhaps THE most beautiful CBH I have ever seen". Think that helped push up the price? (I'm sure that wasn't Mark's intent.)

    HA's images below.
    Lance.

    imageimage >>



    Nice coin.
    I would grade it a 55 with pretty toning.
    But it is still a 31.
    I would not pay $500 for this coin. But that's just me.
    Some coins are just plain "Interesting"
  • stmanstman Posts: 11,352 ✭✭✭✭✭
    JRocco, Come on my friend, did you not see the OGH and the gold bean? Get with it!
    Please... Save The Stories, Just Answer My Questions, And Tell Me How Much!!!!!
  • lkeigwinlkeigwin Posts: 16,893 ✭✭✭✭✭


    << <i>Nice coin.
    I would grade it a 55 with pretty toning.
    But it is still a 31.
    I would not pay $500 for this coin. But that's just me. >>

    I agree. Except, well, I'd pay $500. But 4 digits is a little silly for an 1831 AU.

    I would grade it 53. The gold sticker bumps it for eye appeal, no doubt.
    Lance.
  • JRoccoJRocco Posts: 14,277 ✭✭✭✭✭


    << <i>JRocco, Come on my friend, did you not see the OGH and the gold bean? Get with it! >>



    You know between all that green on the coin and the gold on the bean I might go ALMOST $500....
    image
    Some coins are just plain "Interesting"
  • mkman123mkman123 Posts: 6,849 ✭✭✭✭
    Wingedliberty, I bet the coin in question looks better than the true view you posted. Some stated it had crazy neon toning. Ankur said he won it, gna wait and see what he can do as far as better pics.
    Successful Buying and Selling transactions with:

    Many members on this forum that now it cannot fit in my signature. Please ask for entire list.
  • LogPotatoLogPotato Posts: 2,177 ✭✭✭✭
    Congrats to the seller.
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  • CoinJunkieCoinJunkie Posts: 8,772 ✭✭✭✭✭


    << <i>If Mr Feld who has one of the best eyes in the hobby and knows coins says it is the nicest he has seen, that means something to me. >>


    Presumably he was talking about the color, and that is really a matter of personal taste.
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,609 ✭✭✭✭✭
    What's good for the goose is good for the gander. I love it !
  • stmanstman Posts: 11,352 ✭✭✭✭✭


    << <i>If Mr Feld who has one of the best eyes >>



    WOW, I knew Feld was getting old, but I didn't know he was down to one eye, now.
    Please... Save The Stories, Just Answer My Questions, And Tell Me How Much!!!!!
  • TomBTomB Posts: 22,080 ✭✭✭✭✭


    << <i>

    << <i>If Mr Feld who has one of the best eyes >>



    WOW, I knew Feld was getting old, but I didn't know he was down to one eye, now. >>



    What, you didn't know Mark is a cyclops?image

    image
    Thomas Bush Numismatics & Numismatic Photography

    In honor of the memory of Cpl. Michael E. Thompson

    image
  • braddickbraddick Posts: 24,818 ✭✭✭✭✭
    Dang, that is a one attractive Bust half!

    peacockcoins



  • << <i>

    << <i>If Mr Feld who has one of the best eyes in the hobby and knows coins says it is the nicest he has seen, that means something to me. >>


    Presumably he was talking about the color, and that is really a matter of personal taste. >>




    That is a great point
  • JustacommemanJustacommeman Posts: 22,852 ✭✭✭✭✭
    Here is a better shot at the coin. Not my pics nor did I buy it. That coin was always going to sell for $3000-$4000 with or without Mark's post ATS. I've been told the coin looks much better in hand. My guess is that this coin was bought by a toned type guy or someone who just loves beautiful coins and it not a slave to grades. MJ

    image
    image

    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
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  • CoinJunkieCoinJunkie Posts: 8,772 ✭✭✭✭✭
    Realone, I regard the strike as something short of amazing. For one thing, part of the word "Pluribus"
    is washed out, which I always subtract points for. Again, the color is eye-popping, and clearly what
    brought the big $$$, but as I've evolved, I now prefer something a bit more subtle on 19th century
    silver.

    In the end analysis, who is anyone to pass judgment on what someone else thought the coin is worth?
    My earlier comment that the price was "insane" was relative to my own priorities and value system as
    a collector.
  • stmanstman Posts: 11,352 ✭✭✭✭✭
    I might agree with those that say grade probably doesn't matter on a coin like this. It looks to be a nice late date half with some nice color. People pay many times market price for what they call monster Morgans. I just have to wonder if this didn't have the gold sticker if everyone would love it so much, including the buyer. My personal opinion is although it's about the color, I have no doubt much of it is about the sticker to a lot of folks, again including the buyer. Since he has stated he had a shot two times in the past at this coin and passed at a much lower price. And has started ending his posts with...... "stay CAC'd my friends."image
    Not that there's anything wrong with it.
    Please... Save The Stories, Just Answer My Questions, And Tell Me How Much!!!!!
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  • BryceMBryceM Posts: 11,857 ✭✭✭✭✭
    So here's a question......

    Quite frequently coins like this get shuttled off to the Internet-only auctions at the end of the "Big Boy" auctions based solely on grade/book value.

    Wouldn't you think someone at Heritage would recognize this as speical and put it in with the live auctions? I've seen it time and time again.
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  • << <i>Here is a better shot at the coin. Not my pics nor did I buy it. That coin was always going to sell for $3000-$4000 with or without Mark's post ATS. I've been told the coin looks much better in hand. My guess is that this coin was bought by a toned type guy or someone who just loves beautiful coins and it not a slave to grades. MJ

    image
    image >>



    Well that picture does make it look exotic but I worry when worn coins tone like that but that is a preference not a rule kind of thing. I disagree with your assessment that it would have brought 3-4k even while conceding it is more your market area and expertise. In a wild bit of speculation, I am all but convinced that at those levels most dealers were well out of the bidding and it was a couple of impressionable collectors chasing a perceived Gem. What can never be proven is if the perception of its elite status was their own of Mr Feld's.

    With all of that said I don't care about the coin's future liquidity if the collector is happy or Mark's free speech. I just think it is slightly poor form to publicly comment on an active auction esp by someone held in such high regard. Once again my opinion; but the conversations Mark has among his dealer peers should be different than proclamations made on a public forum to mostly random collectors of "varying skill levels" who put Great to unlimited faith in his opinions.

    If he gets a pass for one coin, how about 2, 3 , 25? What if Mark did a post with his top 10 picks of every auction? How long before a conflict of interest came up either between him or another dealer/collector/auction house. Remember what is great for the consigner is bad for the bidder and vise verse. If it was a very rare Trade Dollar I would be mad.
    .

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