Super Fun USPI Find

RegistryCoin

A very exciting piece.

RLSnapper

Just brought big $$$ at the HA auction tonight....were you the lucky winner?

RegistryCoin

Yes. I do feel very lucky.
Midweek auction.

scubafuel

How scarce are these in the USPI Peso series in your experience? I would expect them to be very rare.

TomB

That is very cool!

wondercoin

‘’Just brought big $$$ at the HA auction tonight....were you the lucky winner?’’

It appears that OC Mint State Pesos are about 50x-100x rarer than the OC Morgan Dollar counterparts produced at the same US Mints at the same period of time. In fact, over the 30 or 40 years of reported auction sales at Heritage and Stacks combined, the Mint State OC Peso sold tonight was THE FIRST EVER MINT STATE EXAMPLE OF AN OC USPI PESO!! The only other OC USPI Peso ever auctioned at the two major auction houses was at Stacks about 4 years ago- a circulated 1903 specimen from the famous Ray Czahor collection that graded AU55 at NGC and was only 10% OC. That’s how rare the coin is that sold tonight at Heritage.

Justhavingfun NEVER was able to secure for his incredible MS Peso collection a single OC Peso in either MS or circulated condition as far as I know and his collection of error USPI coins (that I handled the sale of) was amazing! I have no doubt that if the MS Peso OC coin had come up for auction pre-November 2018 (RIP JHF) that JHF (through his agent) would have Not put his paddle down under $50,000!! What a difference one collector can make on a series of coins.

Just my 2 cents.

Wondercoin

daltex

@wondercoin said:
‘’Just brought big $$$ at the HA auction tonight....were you the lucky winner?’’

It appears that OC Mint State Pesos are about 50x-100x rarer than the OC Morgan Dollar counterparts produced at the same US Mints at the same period of time. In fact, over the 30 or 40 years of reported auction sales at Heritage and Stacks combined, the Mint State OC Peso sold tonight was THE FIRST EVER MINT STATE EXAMPLE OF AN OC USPI PESO!! The only other OC USPI Peso ever auctioned at the two major auction houses was at Stacks about 4 years ago- a circulated 1903 specimen from the famous Ray Czahor collection that graded AU55 at NGC and was only 10% OC. That’s how rare the coin is that sold tonight at Heritage.

Justhavingfun NEVER was able to secure for his incredible MS Peso collection a single OC Peso in either MS or circulated condition as far as I know and his collection of error USPI coins (that I handled the sale of) was amazing! I have no doubt that if the MS Peso OC coin had come up for auction pre-November 2018 (RIP JHF) that JHF (through his agent) would have Not put his paddle down under $50,000!! What a difference one collector can make on a series of coins.

Just my 2 cents.

Wondercoin

Wow!

RegistryCoin

https://www.coinworld.com/news/us-coins/market-analysis-oops-off-center-1903-silver-peso

ianrussell

Major U.S. error collectors would want this coin. Very cool.

• Ian

ricko

Thanks for the OC information @wondercoin... Not being an error collector, that background puts the price in perspective. Cheers, RickO

scubafuel

Timing is everything when it comes to adding a coin like this to your collection. Also it helps when it's in an obscure midweek auction!

RegistryCoin

Here are all the off-center Morgans sold at Heritage during the past year.

DCW

Really nice off center. I find the US struck Phillipine coinage to be some of the most appealing designs out there. Both obverse and reverse.

krueger

I was there when RAY CZAHOR bought his 10% peso off center for as I remember $1000.
I as a fool passed on it first.
Krueger

wondercoin

Krueger- did you know much of the history on this 15% OC specimen?

Wondercoin.