1894-S Dime is Sold

DavidLawrence

Hi All, Just thought I'd let you know first that the 1894-S dime is officially sold. Due to contractual details, Dave Schweitz (my partner in the coin) and I cannot divulge any specifics about the buyer or the sales price. As you know, this is a great coin and we're happy to say it has found a home with someone who has always desired to own this rarity.

Keep up the great work here on the boards....

Sincerely,
John

FYI, here's a link to our web page on the dime. 1894-S Dime

tjkillian

Great, I hope the new owner(s) enjoy it and are putting together a great Barber Dime series. Congratulations!

Tom

coinguy1

Congrats on the sale, John. Sorry I must have missed it - who was the buyer and what did he pay?

tradedollarnut

Beautiful coin - congrats to the new owner!

dorkkarl

legendary coin, gotta be 1 of the top 10 all-time greats.

does such a fabulous coin REALLY need to be in a slab, though?

K S

EVillageProwler

i'll bet that coin cost more than a couple of scoops of ice cream!

evp

DesertLizard

No details on price or buyer. Are we to assume this is a commercial announcement?

Whow! The egos are big around here!!

jom

Karl: Of course it must be in a slab. How else will it hold it's value? LOL

jom

rays

<< <i>Hi All, Just thought I'd let you know first that the 1894-S dime is officially sold. Due to contractual details, Dave Schweitz (my partner in the coin) and I cannot divulge any specifics about the buyer or the sales price.q]



May I quote my earlier post about the sale of this coin:


Masta,
How do you know what David Lawence's profit margin on this coin is? I do not presume to know in this instance, but I doubt it is as low as 2.0%. When Jay Parrino ("The Mint") offered his coins at very high prices via a fixed price list, they would typically actually sell for a fraction of those asking prices when sold at public auction. Non-verifiable sales should always be taken with a grain of salt.
It is a beautiful coin.
Rays

LanLord

I'm bummed out now
I missed my opportunity to finish my Barber dime collection, this was my last one. All I need to is sell my entire coin collection, my house, empty my savings, rob a bank, perhpaps knock off a couple 7-11s and I could have owned this coin. simple!

beelzebud

LOL, I was going to say that I would need to get into some of those Soprano real estate deals before I could think about thinking about a 94-s!
Its a great looking coin and I hope the new owners enjoy it for many years!

Bill

RLinn

<< <i>Great, I hope the new owner(s) enjoy it and are putting together a great Barber Dime series. >>

Tom, do you think it is a new collector just following that sound advice to buy the keys first?

hughesm1

Very sexy lookin', though you'd a thought since DLRC had it, it would be in a PCGS slab.

braddick

It would be ironic if the same buyer of the 1933 Saint also bought this dime!

Legend

My sincere congratulations to John and Dave. John did a very classy presentation of the coin in manner that it truely deserved. He also did a very touching tribute to his late father by renaming the coin the Dagget-Lawrence Specimen. The new owner got a tremendous classic rarity.

And heck yeah, I'm jealous!

Laura Sperber
lsperber1@hotmail.com

roadrunner

There was significant money put out on this coin so I'd guess the principals made $25K minimum on their investment. And probably more like $50K. As far as the buyer goes?.....TDN......did you give in and buy this?

roadrunner

Placid

It's probably going to be sitting next to a 1933 saint

tradedollarnut

I can honestly say that I made an offer on this coin before the two principals purchased the coin. However, my offer was declined and rather than up it I pursued another opportunity. Hopefully, you'll see an announcement on the "other opportunity" come January!

I can also honestly say that if I'd have seen the coin, I probably would have upped my offer AND pursued the other opportunity. The dime was stunning.

ursabear

Congratulations on the sale. I hope the new owner is as happy as I would be with such a thing. In the realm of true rarity, this coin is a wonderful thing, with character, history, and story to match.

Please send the buyer my best wishes and hopes that he/she will enjoy it for many years to come.

RGL

John:

Congratulations on placing that fabled rarity with a good home ... to even own it for a short period, I can't imagine the thrill! I enjoyed reading about it in your CW advertisement and your catalog. I do hope you can join us more often to share your insights and expertise. Yours would be a very welcomed voice to these boards. Regards ...

And to those who never read them, Heritage's archives contains some of the most interesting first-hand tales of numismatic adventures from John's late father ... look them up, you won't regret it. An education in themselves.

TWQG

Owning a coin that rare must be just a little nerve racking too.

Gemini

Try some pepermint shnaaps...it helps takes the edge off.

rays

<< <i>I can honestly say that I made an offer on this coin before the two principals purchased the coin. However, my offer was declined and rather than up it I pursued another opportunity. Hopefully, you'll see an announcement on the "other opportunity" come January!

I can also honestly say that if I'd have seen the coin, I probably would have upped my offer AND pursued the other opportunity. The dime was stunning. >>



Tradedollarnut--

Would you mind stating what you offered for this coin?
Interesting to see if it was around $750,000 +/- 2%.

airplanenut

<< <i>Very sexy lookin', though you'd a thought since DLRC had it, it would be in a PCGS slab. >>

That's david hall you're thinking of- he is only PCGS.

Congrats on the sale!

tradedollarnut

I'm not sure if it's relevant - after all, they certainly offered more than I since my offer was declined.

Let's just say that the Eliasberg coin sold as an NGC MS65 a few years ago for around $450,000. However, this coin has better eye appeal (but I hadn't seen it).

thebestMAX

Very Nice Coin!

Have to go check my 1894 now just to be sure I didnt miss the "S". AS IF

ARCO

When my Lemonade stand finally takes off and pulls in a little dough...watch out I will be looking for a nice 94-S myself. In the meantime, I would be more impressed if David Lawrence rare coins could find a beautiful, original 1896-O Barber half in VF20-XF45.

That is a coin that retails 5000 times less and is impossible to find.

Find me an 1896-O that looks like this and maybe I will be impressed!

1896-O wanted that looks like this!!

Tyler

mr1931S

Congratulations John!

'94-S dime is my all-time choice of rare coin to own if money was no object...

Any plans for a 2nd edition of "Barber Dimes?"

DavidLawrence

ARCO: You could go YEARS before you locate an 1896-O like that. Choice VF/XF Barbers (esp. halves) are extrmely underrated. Even the common dates. That was my dad's passion.

mr1874: The closest thing to the second edition is "The Complete Guide to Certified Barber Coinage" that we published a few years ago. I'm not sure I have the energy to do another edition. But you never know.... I just sent to the printer (yesterday!) the second ed. of "The Complete Guide to Franklin Half Dollars" by Tomaska. I swore last week I wouldn't do another book for a long time, but you never know. I think if I do another update it will the the WQ book, which really needs updating.

FC57Coins

John:

When will the Franklin book go on sale to the public?

Frank

DavidLawrence

Books should be ready to ship by late November. You can pre-order from Rick TOmaska (R&I Coins, Brooklyn Gallery or through us, of course). List price is $29.95. All books are hardcover. Rick has updated the book completely with new prices, pop info, etc. A very worthwhile update.

pontiacinf

David you have quite the knack for finding interesting coins