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In Shock - Libertas Americana

brianc1959brianc1959 Posts: 350 ✭✭✭✭✭

Was just the high bidder on a Libertas Americana medal, and I can't quite believe it . . .

Comments

  • dunkleosteus430dunkleosteus430 Posts: 476 ✭✭✭✭
    edited July 14, 2022 5:08PM

    Young Numismatist

  • TyrusTyrus Posts: 14

    Congrats!
    What a cool piece of history.

  • 2windy2fish2windy2fish Posts: 835 ✭✭✭✭✭

    So damn cool!

  • CaptHenwayCaptHenway Posts: 32,389 ✭✭✭✭✭

    A beautiful piece! Congratulations!

    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • FloridafacelifterFloridafacelifter Posts: 1,295 ✭✭✭✭✭

    Awesome piece of history- congratulations!

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    Congratulations on a superb acquisition. That is a treasure you will enjoy for many years to come. Cheers, RickO

  • johnny9434johnny9434 Posts: 28,651 ✭✭✭✭✭

    Way cool congrats

  • jesbrokenjesbroken Posts: 10,131 ✭✭✭✭✭

    Wow, what a beautiful piece of history. Congratulations.
    Jim


    When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln

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  • keyman64keyman64 Posts: 15,519 ✭✭✭✭✭

    Congratulations on a very cool acquisition! Bravo!

    "If it's not fun, it's not worth it." - KeyMan64
    Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners. :smile:
  • oih82w8oih82w8 Posts: 12,377 ✭✭✭✭✭
    edited July 15, 2022 5:25AM

    Very nice! Congrats!

    oih82w8 = Oh I Hate To Wait _defectus patientia_aka...Dr. Defecto - Curator of RMO's

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  • TPRCTPRC Posts: 3,805 ✭✭✭✭✭

    Congratulations! With everything else in rare coins surging, it would appear to be a bargain. But more importantly, this is a piece I've always coveted, so good for you.

    Tom

  • TreashuntTreashunt Posts: 6,747 ✭✭✭✭✭

    Beautiful piece, congrats

    Frank

    BHNC #203

  • airplanenutairplanenut Posts: 22,242 ✭✭✭✭✭

    Congrats! This is much better than the thread I was anticipating based on the title, where I'd open it to see you're in shock that you found a Libertas Americana somewhere and didn't realize it's a terrible counterfeit. Such is life on the CU boards...

    JK Coin Photography - eBay Consignments | High Quality Photos | LOW Prices | 20% of Consignment Proceeds Go to Pancreatic Cancer Research
  • oldabeintxoldabeintx Posts: 2,136 ✭✭✭✭✭

    Way to go. Beautiful medal.

  • erwindocerwindoc Posts: 5,189 ✭✭✭✭✭

    That is a great piece from US history, congratulations on a fine acquisition

  • NumisOxideNumisOxide Posts: 10,997 ✭✭✭✭✭

    Congrats! Awesome piece.

  • MedalCollectorMedalCollector Posts: 1,994 ✭✭✭✭✭

    Congratulations! That is an amazing piece!

    This one is rather attractive as well. There are several of these, graded at this level and higher, that are real dogs - discolored/stained, excessive carbon spots, or even harsh cleaning! It does have obverse nicks and some wear, but that rarely precludes a MS grade and is acceptable as “cabinet friction”.

    While I don’t think the surfaces are completely original, the glossy brown surfaces are very appealing. I would say it is nicer, in terms of eye appeal, than 70% of other medals in this grade and higher.

    The first thing that I’d do, if it was mine…crack it out of that holder! I think the TPG slabs offer protection for the medal, but a large holder like that really inhibits the ability to enjoy it.

  • EXOJUNKIEEXOJUNKIE Posts: 1,618 ✭✭✭✭✭

    Congratulations — a bucket list piece for many collectors! You are now one of very few that will ever own one. 🙂 👍🏻

    I'm addicted to exonumia ... it is numismatic crack!

    ANA LM

    USAF Retired — 34 years of active military service! 🇺🇸
  • brianc1959brianc1959 Posts: 350 ✭✭✭✭✭

    @GoldenEgg said:
    Congratulations! That is an amazing piece!

    This one is rather attractive as well. There are several of these, graded at this level and higher, that are real dogs - discolored/stained, excessive carbon spots, or even harsh cleaning! It does have obverse nicks and some wear, but that rarely precludes a MS grade and is acceptable as “cabinet friction”.

    While I don’t think the surfaces are completely original, the glossy brown surfaces are very appealing. I would say it is nicer, in terms of eye appeal, than 70% of other medals in this grade and higher.

    The first thing that I’d do, if it was mine…crack it out of that holder! I think the TPG slabs offer protection for the medal, but a large holder like that really inhibits the ability to enjoy it.

    I appreciate your expertise and comments - thanks!

    Regarding a crack out, I'm way too cautious to do something like that. Nightmare visions of it falling out of the holder onto the floor, picking up a few rim dings and scratches along the way, and then the dog picking it up and chewing on it come to mind. If anything, after doing some photography I may put that oversized protective TPG slab inside an even bigger slab!

  • DCWDCW Posts: 7,473 ✭✭✭✭✭

    Love it! Real history in your hands, there. This on my bucket list, too. But I think I missed the opportunity to buy one at a bargain years ago.
    It's certainly worth every penny.
    Congratulations!

    Dead Cat Waltz Exonumia
    "Coin collecting for outcasts..."

  • Eldorado9Eldorado9 Posts: 2,397 ✭✭✭✭✭

    Congrats! A true prize in Numismatics. You should be proud indeed.

  • justmenutty72justmenutty72 Posts: 394 ✭✭✭

    Impressive 👌 congrats on the beautiful medal👍👍👍

  • CryptoCrypto Posts: 3,738 ✭✭✭✭✭

    That’s a nice one too, well down. I agree the 2 grade is a net for the old color processing which got you a very attractive piece that beguiles the grade. That is the type of treasure a family member will pull out in a generation or two and marvel how you got it and their good fortune. Those while expensive now might just be completely unattainable to working people 50 or 100 years from now

  • tcollectstcollects Posts: 1,114 ✭✭✭✭✭

    @brianc1959 said:

    That's the one. Perhaps not a bargain, but I liked the color and I'm sure I'll never regret the purchase. I think the shock comes from the prospect of owning something that comes with a significant burden of responsibility.

    you have the burden to get it into a smaller holder

  • baddogssbaddogss Posts: 1,292 ✭✭✭✭✭

    Congratulations!

    On my one day maybe list ...

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  • cmerlo1cmerlo1 Posts: 7,925 ✭✭✭✭✭

    Congrats! It's beautiful.

    You Suck! Awarded 6/2008- 1901-O Micro O Morgan, 8/2008- 1878 VAM-123 Morgan, 9/2022 1888-O VAM-1B3 H8 Morgan | Senior Regional Representative- ANACS Coin Grading. Posted opinions on coins are my own, and are not an official ANACS opinion.
  • OmegaraptorOmegaraptor Posts: 541 ✭✭✭✭✭
    edited July 16, 2022 8:58AM

    Wow! Congratulations on your purchase of an original Libertas Americana. Truly a piece of history!

    "You can't get just one gun." "You can't get just one tattoo." "You can't get just one 1796 Draped Bust Large Cent."

  • goldengolden Posts: 9,830 ✭✭✭✭✭

    Beautiful! Congratulations.

  • brianc1959brianc1959 Posts: 350 ✭✭✭✭✭

    My medal arrived today, and it's even better than I expected. And the emotional aspect of winning/owning/caretaking this incredible item is undiminished. From what I've read, Franklin himself may have personally handled every single one of these. I wonder if he washed his hands? In this case it is possibly unfortunate that I can't spot any obvious fingerprints!

    Here is my first snapshot:

    The holder is monstrous, but the medal itself is huge - making a silver dollar appear small by comparison:

  • BillJonesBillJones Posts: 34,298 ✭✭✭✭✭
    edited August 3, 2022 7:21AM

    Although the Libertas Americana medal is a collectors' treasure, it is not an extreme rarity. There are more of them that have survived in various grades than you might expect.

    Back in the early 1980s, there was a Boston dealer / speculator who opened a coin shop in the financial district. He hired fellow, who shall we say, was eccentric when he was spending someone else’s money.

    That fellow bought every Libertas Americana medal in sight. Overall they had about 50 pieces. The grades ranged from ground salvage corroded to high end AU / low end Unc. This was 40 years ago so my memory is not perfect. I looked at them a couple of times because I was in the market for an example. Their prices were always a bit too high.

    I ultimately bought this one from Tony Terranova. You will be angry at me if you know what I paid, but they were not the hot collectors’ item then that they are now.


    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • brianc1959brianc1959 Posts: 350 ✭✭✭✭✭

    From what I've read, the original mintage was about 200, and more than half have survived. So although rare, certainly not excessively so. Given that L.A. is just a medal, and not a real coin, I would guess you may have paid below $1000. for your sample - which is a very nice one, BTW - back in the 1980's. Are you keeping yours raw, or do you plan to get it slabbed in one of those giant (and heavy) holders?

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