Does everyone realize that the finest known of one of the "Big Three" is up for auction? T

SethChandler

NGC Proof 66. In the upcoming David Lawrence sale.


My guess is $1,100,000 plus the juice.

1jester

1.7 mil + juice.

kamehameha00

Link?I want to see a picture of this rarity...

barberlover

I'd like to see pic's first.

Les

numispro

Seth - the pre sale estimate is 1.3MM

Sounds about right to me.

jdimmick

Is that by any chance the same 1894-s .10 coin#6 in the 100 greatest book?

haletj

I guess over 2 mil...

Bear

I have 2 do I hear 2.2?

ConstellatioCollector

Under a million! After all it's so small.

sborder285

Only worth 10 cents according to my father

tradedollarnut

Well, let's see.....doing this in my head:

Second finest 1913 Lib nickel sold in 1993 for appx $960k, now it's worth $2.75M or so, which is a tripling of value. Finest 1913 Lib nickel is a PF66 and is worth about $3.5M. Divide $3.5M by $2.75M and you get 1.3.

Second finest 1894-S dime sold in 1992 for $200k or so, so now using the multiple of 3 it would be worth $600k or thereabouts. It's been upgraded to a gem, so I actually figure the coin at $750k. Multiply that by 1.3 and you get about $1M.

Double check on the math: Eliasberg 1913 now worth $3.5M sold for $1.5M in 1996 - so it's a bit more than doubled. Eliasberg 1894-S is same grade as second finest known 1894-S, so let's assume it's worth the same. It sold for $450k in 1996. Doubling that is $900k, so the $1M seems about right.

What it actually sells for is anybody's guess!

MrEureka

From coingallery.com

fcloud

I wouldn't know where to guess. This has always been one of my favorite coins. This thing is going through the roof, and what a great time for the selling of a coin like this in one of the hottest markets I think I have see.



<< <i>I have 2 do I hear 2.2? >>



I wish I had 2.2!

STEWARTBLAYNUMIS

If a 1910 s Lincoln cent brings $36,201 ........

The finest known 1894 s will also cost toooooh much....


I would love to own this coin


Stewart

barberlover

I guess maybe looks don't matter when your talking major rarity, perhaps the coin looks better in person but I suspect the coin is in an ngc holder for an extra point.

Les

MrEureka

I guess maybe looks don't matter

Correct. Looks don't matter. Neither does rarity.

tradedollarnut

It is NGC66 now, but it was PCGS66 when sold to the collector.

Check out the below picture, looks much better. Also looks to me like the 1885 was dipped?

zep

TDN,
I'm curious but how did the Pf66 1913 Nickel appreciate a half a million dollars in less than a year?

tradedollarnut

Zep: the major rarities appreciated an average of 25% last year. Many stocks did better than that and more importantly the dollar fell more than that amount. Classic rarities became cheaper for overseas buyers.

The values I quoted are very real. I also know of valid transactions for other coins that substantiate my above assertions. Within an acceptable range of error for individual transactions, the classic rarities pricewise move very much in concert with each other.

roadrunner

I don't think a straight rarity ratio holds between the 1913 nickel and the 94-s dime. Seems to me that any of the 3 or 4 major US rarities that trade fairly often (1804, 1913, 1894-s, etc.) are worth a MILL in UNC/PF. A pF66 finest known should fetch closer to $2 MILL if the finest 1913 nickel is now $3.5 MILL. I can see it fetching easily in the $1.5-2.0 MILL range....esp if there is a war to aquire it.

roadrunner

SethChandler

Anyone else?