Did Barney's coin sell at LB?
gsaguy
Posts: 2,425 ✭
You remember the one.....two-sided toning........86 or 84-P....don't recall exactly.
Just wondering.
GSAGUY
Just wondering.
GSAGUY
0
gsaguy
Posts: 2,425 ✭
gsaguy
Posts: 2,425 ✭
gsaguy
Posts: 2,425 ✭
Comments
Yep, for $800.
Russ, NCNE
BC
That coin was offered to me a couple of years ago at something like $2400 by dealer Warren Reeves and I told him he was stark-raving mad. Some number of months later (at an LB show) it was again offered to me at $2100. While I easily recognized the coin, I didn't know the dealer so I didn't insult his mother.
Barney later showed me the coin after he'd purchased it for cash and trade.
I hoped he'd do better than that on the piece, but I'm not really too surprised. I remember telling Warren that I'd rather wait and buy that coin at auction one day for $500-1000. Guess I wasn't too far off.
Thanks,
GSAGUY
Barney thought he had a buy back for $2000 on it, because he posted it didn't sell and he would be keeping it.
Later he posted an email from them saying "If you want a reserve let me know", but I think he skipped over that part.
Bid History
---link didn't work----
eBay Live AuctionsBid History for
L#732 1886 Morgan Dollar (Item # 2172483426)
Currently US $700.00 First bid US $150.00
Quantity 1 # of bids 14
Time left Auction has ended.
Started May-26-03 18:00:00 PDT
Ends May-26-03 19:32:22 PDT
Seller (Rating) i-lgoldbergcoinsandcollectibles( 281)
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All Bidders in this Live Auction (Absentee* and Live):
popsprgsfm( 34) US $700.00 May-26-03 19:32:14 PDT
LiveAuctionFloorBidder US $650.00 May-26-03 19:32:10 PDT
popsprgsfm( 34) US $600.00 May-26-03 19:32:06 PDT
LiveAuctionFloorBidder US $550.00 May-26-03 19:32:00 PDT
popsprgsfm( 34) US $500.00* May-11-03 11:50:41 PDT
texasbulliontraders( 3211) US $500.00* May-18-03 15:54:52 PDT
krispytoast( 361) US $500.00* May-20-03 23:15:07 PDT
47896( 551) US $450.00* May-14-03 12:25:38 PDT
beatone( 945) US $420.00* May-25-03 12:35:33 PDT
texasbulliontraders( 3211) US $350.00* May-07-03 20:34:20 PDT
40coins( 4 ) US $320.00* May-25-03 09:38:56 PDT
oreville21( 222) US $200.00* May-08-03 08:33:09 PDT
biggreendog( 179) US $200.00* May-16-03 20:49:02 PDT
bkbaker5043( 74) US $170.00* May-10-03 10:00:33 PDT
As in a traditional live auction, it is the discretion of the auctioneer that determines which bids of the same amount are accepted.
My posts viewed
since 8/1/6
In other words, the coin sold for $800 plus the juice? That's gotta hurt.
GSAGUY
Actually, it sold for $805 including the juice. Hammer was $700.
Russ, NCNE
Here is the link to the rest of his story
My posts viewed
since 8/1/6
From the correspondence I saw, it certainly looked like Barney asked for a $2000 reserve on that coin. Of course, some correspondence may be missing, including phone conversations.
So where's this thing stand....they sold the coin and told him to take a hike?
GSAGUY
The last time he said goodbye, he said they sold the coin. I think this is the sentence in his email that did him in:
<< <i>Please advise my of the cost involved before executing my request >>
He told them to do, but then said tell him the cost before they do it. Hard to understand how the deal got messed up.
My posts viewed
since 8/1/6
Russ, NCNE
If they quoted him a cost as he requested, but then he never said 'okay', they could assume he had changed his mind on the original request.
I agree with Russ, this one was a costly lesson in more ways than one. Based on the bit of correspondence I've seen, if I were Goldberg's, I'd make him whole on the $2000 reserve.
GSAGUY
You're renowned for the best toners, but you weren't around when I scored this one:
It's actually already been sold, but I'd be interested in your opinion.
Russ, NCNE
That one not only has all the right colors in all the right places, but the surfaces look plenty clean as well. And for an 82-O the luster looks exceptional.
What's the story on that one? Nice score.
One day if we can hook up at a show, I'd be glad to show you a few of my 'cuter' pieces.
GSAGUY
<< <i>What's the story on that one? Nice score. >>
Gsaguy,
Amazingly enough, I found it raw at a flea market. Posted images of it here to make sure it wasn't AT (I'm still learning). The response was good so I expressed it to PCGS on a $50 submission and it graded MS65.
I would LOVE to see some of your stuff sometime! Maybe some day.
Russ, NCNE
I hope he bought it for $80 and sold it for $3500!
GSAGUY
<< <i>Did Barney's coin sell at LB? >>
I dunno but Fred and Wilma sold their garbage disposal Pelican for $5500.
jom
Ah yes, must be nearing midnight. Is there also a full moon?
GSAGUY
<< <i>Ah yes, must be nearing midnight. Is there also a full moon? >>
C'mon! Get with the humor, man! And, no, it's 9:30pm on the left coast.
jom