Bob Green formerly from Park Ave sold me my 1861-O $20-DONE DEAL
RYK
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...and he was a pleasure to deal with.
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Specializing in 1854 and 1855 large FE patterns
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It would be interesting to know what made an 1861-O $20 your dream coin. Was it the last one to complete a set?
New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.
Congratulations!
Tom
1. Union: 5000
2. State of Louisiana: 9750
3. Confederacy: 2991
Doug Winter estimates that there are about 150 extant. For a coin that is not all that scarce, it does not come up for sale very much.
Robert
P.S. My new dream coin will be the 1879-O $20
Looking for Nationals, Large VF to AU type, 1928 Gold, and WWII Emergency notes. Also a few nice Buffalo Nickels and Morgan Dollars.
Monty...
That is one of my favorite dates and mint but I don't have that one! Yet.
I purchased my MS62 1854 Type 2 gold $1 from Bob and it was a pleasure dealing with him. I didn't like the first one he showed me because there was a tiny mark that just bugged me. He took it back no problems and sent me another that I was more than happy with. Good people.
Larry
Dabigkahuna
Don't let this one get away.
It's a PCGS XF-45. I do not have it in hand yet. In the larger pics that Bob sent to me, it appears to have the typical mushy strike for the date and the typical weak date on the obverse. The reverse appears to be a bit stronger. It does not appear to have as much bagmarking as Doug Winter reports that many have.
By the way, do you have the 1861-D $1?
Robert
"The silver is mine and the gold is mine,' declares the LORD GOD Almighty."
<< <i>By the way, do you have the 1861-D $1? >>
Yes he does and I've had the honor of holding it in my hands - a gorgeous piece - but I'll let David take the accolades and tell you all about it!
(Get him to tell you about the 1839-O Quarter Eagle with the 180 Degree rotated reverse too!
So...was this coin struck in New Orleans in behalf of the US as US coinage after the Federals took New Orleans back over that year?
Nice coin! Congrats!
Here's a warning parable for coin collectors...
but I was surprised instead to learn something interesting about the history of
US/Confederate coinage. How about a new thread discussing CC gold coins?
I know nothing about them except that I want one.
Always a pleasure to satisfy the need of a collector. It's nice to see a balance - where a coin dealer can fulfill a dream on the forum instead of getting blasted - I really appreciate the post. You were first on line out of six inquiries. There are at least five collectors who envy you right about now.
Now if only I could place my 1856-O AU58!
bgreen@parkavenumis.com
800-992-9881
Visit us at www.parkavenumis.com
I am assuming that the Confederecy used the money they printed for the war efforts. Since these were not minted by the Federal government, did the US government ever remove monetary status from the Dahlonega or New Orleans coins? You would think that if the government wasn't minting them, they would not want them circulating as legal tender. Raises an interesting question.
NOTE: No trees were killed in the sending of this message. However, a large number of electrons were terribly inconvenienced.
Type collector since 1981
Current focus 1855 date type set
Thank you, again. I am glad I was first. As for the 1856-O, when I have an extra $200,000 sitting around, I will definitely call you.
WWW,
There was a recent thread on Carson City gold coins
link
but it died out after I posted an article about the finest known gold coin.
The best resource for information on Carson City gold coins is Doug Winter. There are excellent articles on his website (www.raregoldcoins.com), and his book Gold Coins of the Carson City Mint is my favorite of all numismatic books.
Personally, I am a bit disappointed that there is not all that much interest in Carson City gold on these boards, especially given the interest in Carson City Morgans. The gold coins area all substantially more rare than the Morgans and seem to offer greater value with respect to their rarity. Many dates are very expensive, and the series are difficult to complete without a lot of patience or a lot money. I chose to build a 9 coin set of one of each denomination ($5, $10, and $20) from each decade (70's, 80's, and 90's), and I am presently working on it. If anyone else has any other ideas on how one might collect CC gold coins without breaking the bank, please post.
Robert
That thread died because it was interesting information about a beautiful coin.
Now if Chapman Brothers tried to return it, and found the seller didn't have a return policy - that would have been a long thread.
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since 8/1/6
Ha! Along those lines, if they tried to upgrade it to MS-67 and got bodybagged, now that would be a long thread...
or
if Anaconda's legal assistant posed in a picture with it, that would be a very long thread...
or
if GMarguli criticized PCGS for grading it too low/high and recommended NGC for future rare gold submissions and then got booted from the boards, that too would be a long thread...
or
if the coin was auctioned on ebay and there was a typo in the description, someone who had ever bought an ACG slab bid on it, or someone from the same side of the Mississippi River as the seller bid on the coin implying a shill, that would be a long thread, but
there is no better way to kill a thread than to post interesting information about an interesting coin!!!
I too purchased an 1861-O $20 several years ago but I had to accept it in an Accugrade holder AU-50. Shockingly it is almost correctly graded. I give it an EF-45 with lots of remaining luster.
Unfortunately, there is no absolute way to determine the minters of the coin being looked at whether it be the US Mint, State of LA, or the Confederacy. Note that the bottom half of the 1861 date is weak in all scenarios.
But the history behind this coin is great and very cheap price wise compared to how much the confederate halves brings these days.
09/07/2006
I did receive the coin promptly, and it is my most storied and prized coin, if not the most valuable, in my collection.
We should all wish Bob Green an easy move to Miami Beach. I understand that all board members are welcome to crash at Bob's place (with families) next winter, eh Bob?
Specializing in 1854 and 1855 large FE patterns
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<< <i>We should all wish Bob Green an easy move to Miami Beach. I understand that all board members are welcome to crash at Bob's place (with families) next winter, eh Bob?
It snowed in NJ just yesterday... can I come down tomorrow?
Oh, congrats on the great coin!
<< <i>Unfortunately, there is no absolute way to determine the minters of the coin being looked at whether it be the US Mint, State of LA, or the Confederacy. Note that the bottom half of the 1861 date is weak in all scenarios. >>
Are all of the coins from the same die pair? If not can die chaining between the different marriges be established?
If they are all from the samedie pair then what about die state information? Could changes in the deterioration of the dies possibly be used to help establish who struck them?
Experience the World through Numismatics...it's more than you can imagine.
One BIG congratulations to you buddy! What an awesome coin......there are very few coins out there with that kind of history.
Now the dreaded part, what next? Scratching your head yet? Are you going to focus on New Orleans gold, or aquire a few nice pieces here and there? For the same reasons that you were drawn to this twenty, you'll be attracted to the 1861-D G$1. Pricey, but worth it! Isn't coin collecting tough? Nice coins, type sets, complete sets, year sets, etc., which way do you go?
What makes you like the 1879-O so much? I've seen two up close. When I was a kid, I worked in a coin store in the city I grew up in, Jacksonville,FL, and this old lady came in with three twenty dollar coins. The first was a common date from the 1860's, the second was an 84-CC, the third was a 79-O! She did not want to sell them, therefore, I recommended that she get then certified by PCGS. The primary reason for this was I felt that the 79-O was very close to AU, I think the difference in value from an XF to AU was almost double. Certification was a must in this case. The coin came back AU50. The second, was the Dallas Bank coin. The finest known. I graded it MS62 to MS63. I think it sold for over 100k. Very nice, somewhat reflective, but soft and satinity on the devices. BTW, get the catalogue!
Happy collecting,
Seth
1. Decade set of New Orleans gold: One coin from each decade: 1830's-1900's, 8 coins in all. The 1879-O $20 (or $10) would be the necessary coin for the 1870's. I am drawn to the $20 because it is the only Type 3 Liberty $20 from New Orleans. Both the 1879 $20 and $10 are rare. I am trying to pick some of the one year types like the 1839-O $2.50 (the only choice from the 1830's and the 1909-O $5, which also happens to be the key date to the $5 Indian series). After this short set is complete, or along the way, I would like to collect the No Motto New Orleans Eagles. For the decade set, I still need 1830's, 70's, 90's, 00's.
2. Decade/denomination set of Carson City gold coins: one coin from each decade (1870's, 80's, and 90's) of each denomination in AU or better. Seems easy enough but the 1870's $5's and $10's are both pretty scarce and expensive, especially if you avoid the most common dates. I still need those two and the 90's for all denominations (which are easy and inexpensive in AU-58).
Neat story about the old lady, and thanks for all the intersting threads that you start.
Robert