Is ANY price too much for this coin?
ColonialCoinUnion
Posts: 10,087 ✭✭✭
The eventual buyer will either flip it for 10% immediately or enjoy it for a few years and then flip it for 10% or keep it forever - I don't see how you can go wrong buying this for any price.
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Stuart
Collect 18th & 19th Century US Type Coins, Silver Dollars, $20 Gold Double Eagles and World Crowns & Talers with High Eye Appeal
"Luck is what happens when Preparation meets Opportunity"
I am sure its too much for me.
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.
The question one must always ask is, can I get another such coin.
At what price would the new coin be available.For a coin like that ,30%, 50% above the listed
price would seem livable. Much more then that, I would have to take a deep look inside my pockets.
Camelot
Check out a Vanguard Roth IRA.
Isn't it amazing that such a strategy can actually lead to positive results for the owner?
$200 large will likely be a bargain. How about $350K to $500K??
roadrunner
roadrunner
Liberty: Parent of Science & Industry
<< <i>Is ANY price too much for this coin? >>
Depends how much discretionary money you have
“It ain't what you don't know that gets you into trouble. It's what you know for sure that just ain't so.” Mark Twain
Newmismatist
1885 Trade Dollar [currently NGC PF62] 1988: $121,000 2004: $750,000+
1870-S Seated Dollar [currently PCGS AU58] 1988: $126,500 2004: $800,000+
1797 Half Dollar [currently NGC MS66] 1988: $220,000!!!!!!
I suspect the Norweb coin with its provinance will go for more - at least I would pay more for it.
I'm guessing ANR's sells for 1.3 million, while Bowers doesn't meet its reserve.
Dennis
Like VOC Numismatics on facebook
While their are educated guesses, no one really knows untill the bidding
is over. You get several very wealthy patron who wants a beautiful trophy, who cares
if its 1million, 2 million or 21/2 million. Money is sometimes not a consideration at
all to some people.It would make a difference to a dealer, unless they were buying for a client
or the coin was presold.
Camelot
I was fortunate enough to help describe this coin, and to examine it while raw. It is a truly amazing piece. Anything that was considered a highlight in the Norweb cabinet is bound to be the highlight in whatever other collection it graces!
The catalogues will hit the mail this week for those on the ANR mailing list.
Betts medals, colonial coins, US Mint medals, foreign coins found in early America, and other numismatic Americana