I’m there watching live. The 1870-S $3 was nuts. Two phone bidders and a floor bidder going at it. Wow. Same bidder won the Stella and Dahlonega $3. The President of HA is the one taking that bidder’s bids over the phone.
@bidask said:
He overpaid on the 1870"s 3$...I don't care if it was unique
Pretty much every buyer overpaid if you consider any comps. the pedigree seems to be worth more than the actual coin. Details 1834 classic 5$ selling for 5-10k, people just want to have the bass label and it was announced that all proceeds go to charity, which has made everyone dig deep.
They’re restarting the bidding for the 1795 $10 ms64 which previously hammered for 1.75 mil. Winning bid was an “error”. Very interesting to see that happen
@bidask said:
He overpaid on the 1870"s 3$...I don't care if it was unique
How does one over pay when you want a coin and you will probably never get another chance. Buyer paid current market price. If you have the funds and this is a must own for you imagine losing it then thinking about it for years if not the rest of your life.
New owner may have been waiting for this moment for decades that is a LONG time not to go for it at the last moment.
@bidask said:
He overpaid on the 1870"s 3$...I don't care if it was unique
Pretty much every buyer overpaid, the slab seems to be worth more than the actual coin. Details 1834 classic 5$ selling for 5-10k, people just want to have the bass label and it was announced that all proceeds go to charity, which has made everyone dig deep.
They’re restarting the bidding for the 1795 $10 ms64 which previously hammered for 1.75 mil. Winning bid was an “error”. Very interesting to see that happen
@bidask said:
He overpaid on the 1870"s 3$...I don't care if it was unique
Pretty much every buyer overpaid, the slab seems to be worth more than the actual coin. Details 1834 classic 5$ selling for 5-10k, people just want to have the bass label and it was announced that all proceeds go to charity, which has made everyone dig deep.
They’re restarting the bidding for the 1795 $10 ms64 which previously hammered for 1.75 mil. Winning bid was an “error”. Very interesting to see that happen
@bidask said:
He overpaid on the 1870"s 3$...I don't care if it was unique
Pretty much every buyer overpaid, the slab seems to be worth more than the actual coin. Details 1834 classic 5$ selling for 5-10k, people just want to have the bass label and it was announced that all proceeds go to charity, which has made everyone dig deep.
They’re restarting the bidding for the 1795 $10 ms64 which previously hammered for 1.75 mil. Winning bid was an “error”. Very interesting to see that happen
Then went for 1.5$ million + the juice.
A steal!
I don't know US coin prices that well was it a good price?
@bidask said:
He overpaid on the 1870"s 3$...I don't care if it was unique
Pretty much every buyer overpaid, the slab seems to be worth more than the actual coin. Details 1834 classic 5$ selling for 5-10k, people just want to have the bass label and it was announced that all proceeds go to charity, which has made everyone dig deep.
They’re restarting the bidding for the 1795 $10 ms64 which previously hammered for 1.75 mil. Winning bid was an “error”. Very interesting to see that happen
Then went for 1.5$ million + the juice.
A steal!
I don't know US coin prices that well was it a good price?
It was Just tongue-in-cheek
The same bidder got it for A 1/4 mil less than the first go round.
@spyglassdesign said:
I can't believe the 1863 2 cent went for only ~$3k... I couldn't find that coin in the coinfacts database? Is it a replica of some sort?
As patterns go, it’s not that rare and other examples have sold for less. See link below.
@bidask said:
He overpaid on the 1870"s 3$...I don't care if it was unique
How does one over pay when you want a coin and you will probably never get another chance. Buyer paid current market price. If you have the funds and this is a must own for you imagine losing it then thinking about it for years if not the rest of your life.
New owner may have been waiting for this moment for decades that is a LONG time not to go for it at the last moment.
Imagine say having 400$ million dollars in the bank what is 5.5$ million almost nothing....money they will get back on interest. I don't know how much the new owner has in their bank but you don't buy a coin of this value if you have say 10$ million in your bank it can happen but that would be taking a huge risk that I imagine most rich people are not willing to do.
I will never know since I will never be part of such elites but I mean if you have tons of money and spend ''a few dollars aka only imaginary money for most of us'' out (your true net worth) of it I see no big deal in going after what you want.
@spyglassdesign said:
I can't believe the 1863 2 cent went for only ~$3k... I couldn't find that coin in the coinfacts database? Is it a replica of some sort?
As patterns go, it’s not that rare and other examples have sold for less. See link below.
@spyglassdesign said:
I can't believe the 1863 2 cent went for only ~$3k... I couldn't find that coin in the coinfacts database? Is it a replica of some sort?
As patterns go, it’s not that rare and other examples have sold for less. See link below.
Aha... I didn't see that part of the description during the auction for some reason 'Struck in bronze with a plain edge.'. That's why I was confused. I thought it might be some rare early 2 cent coin or something because I couldn't see the whole description.
Nonetheless it was fun to watch some of those coin values!
Prices seemed mixed. Very strong for some and weak for others. A couple examples are the1837 $2.5 in PR67 went for $1.2mm whereas the 1796 $2.5 no stars in MS63 went for $990k. Quality and must have were driving
@pcgscacgold said:
Gold with CAC approval appeared to do really well. Without the bean, some didn’t get close to guide prices.
It was certainly noticeable how many of the gold coins lacked a CAC sticker. Overly generous grading on PCGS’ part?
After looking at the entire collection before the auction I do agree with the generous grading overall, and that gold label was so distracting because it caused a blinding reflection under the lamp.
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.
@CaptHenway said:
Did the 1870-s half dime sell in this session?
This was only the Bass coins. The 1870-S Half Dime is in the regular FUN auction. (as well as the Unique 1873-CC No Arrows Seated Dime)
That happens on January 11.
The 1870-s half dime is in the Tom Bender collection (he bought Simpson's set of seated half dimes including this coin some years ago).
I participated in the auction and also attended live. My assessment is unique and CAC coins went for strong money. Non-CAC or questionable quality coins fell short (as they should). There wasn’t a significant Bass premium on mediocre lots. My understanding was that the coins ran a little more in Part 1. The market sentiment seems a bit on the cautious side. The floor chatter seemed to suggest that the over grading coupled with strong prices in Part 1 actually turned a lot of people off this time around. Some weren’t even interested in viewing or bidding, despite typically having the means and desire to do so.
The live auction and auctioneer were a breath of fresh air. The experience was truly enjoyable. I won my lot with
a strong internet bid. Overall it was a great night. I hope we can get back to the live sessions, but we shall see.
Collector of Original Early Gold with beginnings in Proof Morgan collecting.
Funny but I don't remember it being that toned when we saw it at ANACS......40 years ago!
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.
Funny but I don't remember it being that toned when we saw it at ANACS......40 years ago!
Was it that expensive?
As per the description of the coin in the upcoming auction, its’ first reported sale was “.. John Abbott, via private treaty (4/16/1980)…”. So the answer to your question is no.😉
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
@spyglassdesign said:
I can't believe the 1863 2 cent went for only ~$3k... I couldn't find that coin in the coinfacts database? Is it a replica of some sort?
I had my eye on this more "traditional" example some time ago...
Comments
I’m there watching live. The 1870-S $3 was nuts. Two phone bidders and a floor bidder going at it. Wow. Same bidder won the Stella and Dahlonega $3. The President of HA is the one taking that bidder’s bids over the phone.
Nothing is as expensive as free money.
Very entertaining. I have watched this auctioneer before. He makes it fun.
Successful BST with BustDMs , Pnies20, lkeigwin, pursuitofliberty, Bullsitter, felinfoel, SPalladino (CBH's - 37 Die Marriage's)
$5 Type Set https://www.pcgs.com/setregistry/u-s-coins/type-sets/half-eagle-type-set-circulation-strikes-1795-1929/album/344192
CBH Set https://www.pcgs.com/setregistry/everyman-collections/everyman-half-dollars/everyman-capped-bust-half-dollars-1807-1839/album/345572
He overpaid on the 1870"s 3$...I don't care if it was unique
I give away money. I collect money.
I don’t love money . I do love the Lord God.
Watching the bids come in on these even has my wife interested 😂
BHNC #248 … 130 and counting.
Watching it as well on my PC. Not even a USA coin collector but enjoy this MEGA type sales none the less.
Pretty much every buyer overpaid if you consider any comps. the pedigree seems to be worth more than the actual coin. Details 1834 classic 5$ selling for 5-10k, people just want to have the bass label and it was announced that all proceeds go to charity, which has made everyone dig deep.
They’re restarting the bidding for the 1795 $10 ms64 which previously hammered for 1.75 mil. Winning bid was an “error”. Very interesting to see that happen
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How does one over pay when you want a coin and you will probably never get another chance. Buyer paid current market price. If you have the funds and this is a must own for you imagine losing it then thinking about it for years if not the rest of your life.
New owner may have been waiting for this moment for decades that is a LONG time not to go for it at the last moment.
Then went for 1.5$ million + the juice.
A steal!
BHNC #248 … 130 and counting.
I don't know US coin prices that well was it a good price?
Love this coin great looking 1804:
https://coins.ha.com/itm/patterns/1804-dt-10-ten-dollar-judd-34-pollock-46-high-r7-pr66-pcgs/a/1355-9067.s
It was Just tongue-in-cheek
The same bidder got it for A 1/4 mil less than the first go round.
BHNC #248 … 130 and counting.
I can't believe the 1863 2 cent went for only ~$3k... I couldn't find that coin in the coinfacts database? Is it a replica of some sort?
https://www.the4thcoin.com
https://www.ebay.com/str/thefourthcoin
As patterns go, it’s not that rare and other examples have sold for less. See link below.
https://coins.ha.com/itm/patterns-and-prototypes/1863-2c-two-cents-judd-312-pollock-377-r4-pr64-brown-pcgs-pcgs-60467-/a/1355-9078.s?ic4=ListView-ShortDescription-071515
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Lot 9097 is pretty dang cool. One of my favorite patterns.
BHNC #248 … 130 and counting.
Imagine say having 400$ million dollars in the bank what is 5.5$ million almost nothing....money they will get back on interest. I don't know how much the new owner has in their bank but you don't buy a coin of this value if you have say 10$ million in your bank it can happen but that would be taking a huge risk that I imagine most rich people are not willing to do.
I will never know since I will never be part of such elites but I mean if you have tons of money and spend ''a few dollars aka only imaginary money for most of us'' out (your true net worth) of it I see no big deal in going after what you want.
Personally, I thought the Judd-67 (1836 gold $1 pattern) sold cheaply. Granted, I did not view the coin in person, but it was way below price guide.
Looks like it sold for a healthy premium.
I just looked at 3 coins that sold for below PCGS Price Guide so not everything is going to the moon.
Aha... I didn't see that part of the description during the auction for some reason 'Struck in bronze with a plain edge.'. That's why I was confused. I thought it might be some rare early 2 cent coin or something because I couldn't see the whole description.
Nonetheless it was fun to watch some of those coin values!
https://www.the4thcoin.com
https://www.ebay.com/str/thefourthcoin
Prices seemed mixed. Very strong for some and weak for others. A couple examples are the1837 $2.5 in PR67 went for $1.2mm whereas the 1796 $2.5 no stars in MS63 went for $990k. Quality and must have were driving
Gold with CAC approval appeared to do really well. Without the bean, some didn’t get close to guide prices.
Successful BST with BustDMs , Pnies20, lkeigwin, pursuitofliberty, Bullsitter, felinfoel, SPalladino (CBH's - 37 Die Marriage's)
$5 Type Set https://www.pcgs.com/setregistry/u-s-coins/type-sets/half-eagle-type-set-circulation-strikes-1795-1929/album/344192
CBH Set https://www.pcgs.com/setregistry/everyman-collections/everyman-half-dollars/everyman-capped-bust-half-dollars-1807-1839/album/345572
It was certainly noticeable how many of the gold coins lacked a CAC sticker. Overly generous grading on PCGS’ part?
Nothing is as expensive as free money.
Seems like it was a great auction indeed.... I wonder what the total dollar volume was for the sales.... Cheers, RickO
After looking at the entire collection before the auction I do agree with the generous grading overall, and that gold label was so distracting because it caused a blinding reflection under the lamp.
https://coins.ha.com/c/print-prices-realized.zx?saleNo=1355&ic=homepage_printerversion_archive
Just over $24M
@waisaacs.... Thank you, Cheers, RickO
What sold as Lot# 9013?
That was the 1870-S
Here's the lot list for correlation with the price list https://coins.ha.com/c/search-results.zx?Ns=Lot+No|0&N=3183+790+231+4294937925&ic4=SortBy-071515
@waisaacs, thank you!
Did the 1870-s half dime sell in this session?
A search on Heritage found https://coins.ha.com/itm/seated-half-dimes/1870-s-h10c-ms64-pcgs-cac/a/1356-3341.s so this wasn't a Bass coin? But the auction is active, so if you are in the market...
This was only the Bass coins. The 1870-S Half Dime is in the regular FUN auction. (as well as the Unique 1873-CC No Arrows Seated Dime)
That happens on January 11.
The 1870-s half dime is in the Tom Bender collection (he bought Simpson's set of seated half dimes including this coin some years ago).
@yosclimber said:
Here’s a link to the half dime:
https://coins.ha.com/itm/seated-half-dimes/half-dimes/1870-s-h10c-ms64-pcgs-cac-pcgs-4397-/a/1356-3341.s?ic4=ListView-ShortDescription-071515
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
I participated in the auction and also attended live. My assessment is unique and CAC coins went for strong money. Non-CAC or questionable quality coins fell short (as they should). There wasn’t a significant Bass premium on mediocre lots. My understanding was that the coins ran a little more in Part 1. The market sentiment seems a bit on the cautious side. The floor chatter seemed to suggest that the over grading coupled with strong prices in Part 1 actually turned a lot of people off this time around. Some weren’t even interested in viewing or bidding, despite typically having the means and desire to do so.
The live auction and auctioneer were a breath of fresh air. The experience was truly enjoyable. I won my lot with
a strong internet bid. Overall it was a great night. I hope we can get back to the live sessions, but we shall see.
Thank you all.
Funny but I don't remember it being that toned when we saw it at ANACS......40 years ago!
Was it that expensive?
Specializing in 1854 and 1855 large FE patterns
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As per the description of the coin in the upcoming auction, its’ first reported sale was “.. John Abbott, via private treaty (4/16/1980)…”. So the answer to your question is no.😉
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Mark: Any way you look at it, I would have been priced out whether 1983 or 2023...
Specializing in 1854 and 1855 large FE patterns
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Its nice to see prices of great coins rising still.
I had my eye on this more "traditional" example some time ago...