Attractive 1848-CAL. $2.50 gold at ANA this Thursday ....older thread
topstuf
Posts: 14,803 ✭✭✭✭✭
1848-CAL. Quarter Eagle
Aug. 16th, Lot 5220
Heritage images:
7
topstuf
Posts: 14,803 ✭✭✭✭✭
Comments
Great looking coin with a lot of history and a story to tell. I'm sure it will do well in the auction.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Must have been to CAC. Gold experts educate me why it didn’t sticker taking for granted it was submitted Thanks in advance for your opinions
Wow, that is nice !!!
You can't just assume that every nice coin has been to CAC. From the pics here and at Heritage I see nothing that would keep this coin from being CACed. Not everyone drinks the CAC Kool Aid. From my experience when someone says something negation on a public forum about a coin being auctioned he's interested in buying it himself and wants to eliminate competition.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Way out of my price range Perry. Honestly just wondering why it wouldn’t CAC as I said assuming it had been there. That assumption of course was that it would bring more money with a sticker. My comments were transparent. Nothing negative intended. Love old gold, but not my field of expertise. Just looking for the education
I find it very hard to believe that a $50,000 coin was not sent to CAC. From the pictures it’s very difficult to get a good feel for what the coins surfaces look like.
Looks like a nicely toned and original coin. I see no problems that would cause CAC to reject it. For what this coin is worth any serious bidders will examine this coin in person at an auction lot viewing and will bid accordingly. The bidders will be either a serious experienced collector or a professional coin dealer who can make up their own minds concerning the condition of this coin. I have no financial interest in this coin but I do object when someone criticizes a coin some else lists on the BST. Unless a coin is counterfeit or seriously misrepresented, you shouldn't be commenting on someone else's coin on the BST.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
I deleted the "photo" in the OP.
Apparently no one is reading the Heritage description and notes.
No need to confuse the issue any further. It is a rare and nice coin.
And I hope the auction attendees who have any interest will scrutinize it. I'm pretty sure anyone interested in the issue is well aware of the dip-bright examples that are currently on the market.
The BST was never supposed to be a discussion forum.
gorgeous.
m
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......
CAC is very tough on this issue. I know of one recently found in a bank vault after 50 years, prototypical EF and it didn't CAC. Still scratching my head on that one.
Latin American Collection
Did the owner of this coin call CAC to find out why they rejected it? As far as the coin posted in this thread, do you see anything on this coin that would keep it from being CACed? I sure don't.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Wow, nice toning. Seldom seen on gold coins.
Great looking, honest-to-goodness rarity. Wish I could be in the running for it!
Glad to see this. The articles on this coin specifically mention the coloring of the coin due to the composition of the California ore that was sent to the mint and the UNIQUE elements in that early raw gold.
INTERESTED parties ...I am sure... do their research and KNOW what is out there.
CAC? Just for beans the real info is that (like Boosibri noted) CAC is VERY tough on the CALs.
Of the certified 1848 CAL coins, PCGS has slabbed 71 pieces, NGC has certified 45....so, out of those 116 coins, CAC has beaned .... 12
Genuine buyers undoubtedly do their research and know the stats.
That's why Heritage has described it as they have.
TTT
Week and a day bump. If you have any interest in one of these 1848-CAL quarter eagles that has some "character" you should take a look at the Heritage ANA auction lot 5220 Aug 16, 2018.
Toning is not the norm on these.
It closes in a week and a day.
https://coins.ha.com/itm/liberty-quarter-eagles/quarter-eagles/1848-2-1-2-cal-xf45-pcgs/a/1278-5220.s?ic4=ListView-Thumbnail-071515
Good luck and if you're one of the present bidders, thank you.
Last bump.
Good luck on the sale. This is a real treasure, and although it will make the new owner very happy, I'll be a bit sad knowing it's no longer in your collection.
Certain coins I just associate with certain members, and this was yours!
Dead Cat Waltz Exonumia
"Coin collecting for outcasts..."
Good luck with the sale. It is an amazing coin and still under priced. I hope there is a lot of floor action for you tomorrow.
The countdown begins.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Congratulations on the strong results!
Thanks. I'm happy.
Does CAC sticker coins with counterstamps on them? As mentioned, this is a coin for specialists, and they know what the proper grade is. A bean on this wouldn't change the price one way or the other.
It's not a counterstamp.
It's minted that way in the die.
Solid result, congrats. There were no less than 7 48 Cal's at the show including this one. You timed this sale very well for the influx to the market.
Latin American Collection
Very solid result. Congrats!
m
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......
What was the final hammer price?
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
52.8K
"Solid result, congrats."
It's better than solid. It sold for AU money and appears to be a record for the grade.
No PCGS XF to AU coins have been publicly made available since 2011.
Or at least that was the history when I got it.
10/2017 Legend - AU 50 OGH - $55.8k all in
Good job!!!
Last post on this thing.
The check looks better in my coin account than the coin did in my virtual album.
Congrats again! Glad you are happy with the outcome, and we can't wait to see what you acquire next
Dead Cat Waltz Exonumia
"Coin collecting for outcasts..."
That was one of my top 5 dream coins right there. If only I had a spare $55K to out bid the winner.......... Congrats to the winner and the consignor.
Best, SH
Truly "topstuf"!
"Got a flaming heart, can't get my fill"
Another chance at it.