I've heard that Jay Parrino and a partner offered the present owner $15M for the coin at one time but the offer was declined...anyone have more info or even know if that's true or a numismatic urban legend?
RELLA
Do not fall into the error of the artisan who boasts of twenty years experience in his craft while in fact he has had only one year of experience... twenty times.
I have no clue what the 1776 would ultimately bring at auction but I do believe there would be half a dozen serious bidders in at 5mil. The ultimate pattern and possibly the ultimate numismatic item in private hands.
For what its worth. In the 1981 sale of the William Sieck collection, Bowers described the coin as choice matte proof 65 and St Gaudens personal choice for the double eagle.
When the J-1776 appeared at auction in July, 1984 (Auction '84, where it realized $467,500), it was described by David Akers as "Superb Gem Proof 67+!" In the auction photos, it certainly did look flawless!
I can't believe you fellows are speculating the grade of a priceless, unique coin! Plastic collectors!
Seriously though, why has this coin appreciated at neary three times the rate of other similiarly priced rarities from the mid 80's. The Jerry Buss sale of the 1913 Nickel and 1804 Dollar sold for around 400k each......now they are worth between 2 to 3 million.......versus the J-1776 sold for around 400k/500k now its worth 7 to 10 million. I'm sure there are several examples, too. And the J-1776 has several chances to sell for really big bucks in the 80's, but it never set a record. Why "finally" the big difference at this time?
The set registry man! I do think it is curious that PCGS created a double eagle St Gaudens set that includes this unique pattern coin and the 1933. I wonder if they are in the same collection?
Hmmmm..... interesting create a set that only one person on the planet could possibly complete.
Talk about the ultimate registry set!! I wonder if the J1776 and the 1933 reside in the same collection?
Patterns are more accepted into the mainstream of coin collecting these days. The publicity and value of the 1933, which is hardly unique, has added allure to J-1776.
But the real reason is its old Judd number. 1776.... has a great ring to it - very famous, tho I can't recall why!
Comments
thanks
J-1776....errrr, J-1905
Someone created the icon out of that picture.
I've heard that Jay Parrino and a partner offered the present owner $15M for the coin at one time but the offer was declined...anyone have more info or even know if that's true or a numismatic urban legend?
RELLA
who boasts of twenty years experience in his craft
while in fact he has had only one year of experience...
twenty times.
Rella: I had heard a number half of what you stated.
Everyone can own a gold coin, how many can own a lead one?
[uhhmmm - that diatribe is short hand for: heck if I know!]
<< <i>Seth, are they embarrassed to ask so they PM'd you, to get you to? >>
BUSTED
???
How does one get a hater to stop hating?
I can be reached at evillageprowler@gmail.com
Seriously though, why has this coin appreciated at neary three times the rate of other similiarly priced rarities from the mid 80's. The Jerry Buss sale of the 1913 Nickel and 1804 Dollar sold for around 400k each......now they are worth between 2 to 3 million.......versus the J-1776 sold for around 400k/500k now its worth 7 to 10 million. I'm sure there are several examples, too. And the J-1776 has several chances to sell for really big bucks in the 80's, but it never set a record. Why "finally" the big difference at this time?
Seth
Hmmmm..... interesting create a set that only one person on the planet could possibly complete.
Talk about the ultimate registry set!! I wonder if the J1776 and the 1933 reside in the same collection?
But the real reason is its old Judd number. 1776.... has a great ring to it - very famous, tho I can't recall why!