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1847 D $5 Ashland City PCGS MS63


O.K. I am a dummy, so can someone tell me what an Ashland City $5 gold pices is please?


EBAY:
1847 D $5 Ashland City PCGS MS63, NR Item number: 3920553491

US $20,000.00

Comments

  • RYKRYK Posts: 35,800 ✭✭✭✭✭
    Ashland City is the pedigree for a collection of rare date gold that sold at auction over one year ago. It is not a pedigree that necessarily would enhance the marketability of a coin (like Green Pond or Duke's Creek would) IMO.
  • GOLDSAINTGOLDSAINT Posts: 2,148
    Thanks RYK,

    It appears then that this seller is selling much of a collectoin that he just finished buying. I wonder how he will do since he says he bought much of this from Blanchard?


    "This coin is part of a substantial collection of Charlotte and Dahlonega Mint coins that are being sold over the next 90 days. Several of these are "Finest Known" coins. These rare examples range from a $5 Liberty 1843 C BASS NGC XF-45, to a $5 Liberty 1852 C PCGS MS-64, (also $1 and $2 1/2 denominations in this range). All of which were purchased from the reputable Blanchard & Co. of New Orleans. "
  • RYKRYK Posts: 35,800 ✭✭✭✭✭
    Why would someone sell a collection of those coins on ebay? Perhaps, he is looking for a dealer to come in and buy the whole shooting match.

    And, I would think that someone selling $50,000 worth of rare date gold coins could come up with some better pictures.
  • BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭
    There's a few more on the Bay now!
    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
  • fcfc Posts: 12,796 ✭✭✭
    please do not take offense ryk at my statements... which represent me a bit also...

    that some gold collectors seem to enjoy owning these gold coins for a few days
    and them dumping them for some odd reason.

    D, C and O might be tough coins but boy! they are always and i mean always up
    for sale for the most part. There must only be a tiny handful of dates that are
    really rare and in controlling hands! The rest seem to be widgets??!?
  • BECOKABECOKA Posts: 16,961 ✭✭✭


    << <i>please do not take offense ryk at my statements... which represent me a bit also...

    that some gold collectors seem to enjoy owning these gold coins for a few days
    and them dumping them for some odd reason.

    D, C and O might be tough coins but boy! they are always and i mean always up
    for sale for the most part. There must only be a tiny handful of dates that are
    really rare and in controlling hands! The rest seem to be widgets??!? >>



    Widgets that only a certain income bracket can afford. Not mine.
  • RYKRYK Posts: 35,800 ✭✭✭✭✭


    << <i>please do not take offense ryk at my statements... which represent me a bit also...

    that some gold collectors seem to enjoy owning these gold coins for a few days
    and them dumping them for some odd reason.

    D, C and O might be tough coins but boy! they are always and i mean always up
    for sale for the most part. There must only be a tiny handful of dates that are
    really rare and in controlling hands! The rest seem to be widgets??!? >>


    I take no offense. To each his own.

    Last summer, I looked at my 26 coin Dahlonega $5 set (closer to 32 coins, with duplicates) and realized that I only really, really enjoyed about a half dozen of them. I sold the rest. It was fun putting the set together, and unless you are going to settle for pigs, more challenging than you might think.

    Lately, I look at my coins (of all types) and do not get much of a thrill, not enough to justify the capital in them. It might be time to purge again.

  • ColonialCoinUnionColonialCoinUnion Posts: 10,087 ✭✭✭


    << <i>please do not take offense ryk at my statements... which represent me a bit also...

    that some gold collectors seem to enjoy owning these gold coins for a few days
    and them dumping them for some odd reason.

    D, C and O might be tough coins but boy! they are always and i mean always up
    for sale for the most part. There must only be a tiny handful of dates that are
    really rare and in controlling hands! The rest seem to be widgets??!? >>



    I think this is a Registry phenomenon - this short hold period mentality is increasingly common across all coins and series.

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