Fairmont Hendricks Newp
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My Hendrix Experience (YNs can go google Jimi).
I don't swim in the deep end of the pool. Here, I walked towards the deep end with my feet on the ground and making sure the water never got above my neck.
I collect eagles of the first SF Mint, 1854-s to 1874-s. Generally graded 45, a couple graded 53, and some fun lower grades and duplicates (e.g., Littlejohn).
The Hendricks set presented 29 eagles of general interest to me, 23 eagles from the first SF Mint, 5 eagles somewhat realistic to pursue, and 2 eagles which i was keen to win.
Results: won 1 (PC53 1858-s), lost 4 (by 2.5, 1.5, 4, 1 increments).
The 1858-s eagle is not a sexy Civil War coin. Very thin market for them. Tough to find nice. I have a computer folder with 300 images of 55 different 1858-s eagles. I would want to buy only 2 or 3 of them. I missed a good opportunity in 2015 to get a nice one.
The prior auctions of Fairmont eagles (8/18, 10/18, 2/19) included no 1858-s eagles.
CAC pops show 6 total: grades 10 (2), 40, 45, 50, 53 (this one).
Paid "1 grade up" - but comps are irrelevant when those other eagles don't really compare.
Hey! I'm getting older. Can't wait much longer! Thrilled to snag this one!
Comments
Great coin!
Congrats! That’s a great looking coin. Terrific eye appeal, color, clean surfaces, and a very rare date. Hard to say if you paid one grade up if the price you paid now becomes the new norm.
Thanks for sharing and I appreciate the write up. Congrats on the new purchase.
Very nice gold coin... Glad you got it and are happy with it. Cheers, RickO
Jaw dropping originality. Great newp, congrats!
"It's like God, Family, Country, except Sticker, Plastic, Coin."
That's a great piece! Congrats on your new acquisition.
Originality, rarity, you will never regret this purchase! I can see myself stretching for the right $5.00 lib (my series). Your series is easier to resell, being more popular.
Do you have a 59-s?
@semikeycollector - I do. I bought a low grade (P20) about 10 years ago. Just a "placeholder". Good ones few and far between. It's more difficult than the 58-s. No 59-s eagles in any of the 4 Fairmont auctions. It seems like certain dates don't appear often (meeting my wishes) for years, then some dates come in bunches
I'm sure you'll be appy with that for years to come
Very nice example!
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Sometimes we have to pay up for something special. I've done so, many times.
Congrats on your pickup!!!
Donato
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Lovely!
Very exciting new coin!