Roadrunner, Oreville and Robert: Thanks for your posts!!
Roadrunner: Thanks for your strategic advice on potential regrading of this coin (shot-66), and also suggesting that I carefully watch $20 Liberty Registry Set activity.
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"
You thought that would 64? I think it is very nice for a 65...unless there is a hidden patch of small hairlines or something, I would say the coin looks undergraded...
John: I knew that the coin was of gem quality, and was a shot 65, but this is not a common 1904 $20 Liberty.
Since I knew that the coin did not previously exist in PCGS MS-65, and the Greysheet listed it at ~$8K in MS-64 (with no price in MS-65), I thought that PCGS would be very tough on her to get her to surpass MS-64. The other 1906-D and 1907-S $20 Liberties that I recently submitted appeared to me to be MS-64's and they "only" made MS-63 -- tough dates worth good money in MS-63...
Does any average collector ever submit a coin that they purchased raw 31 years ago with the assumption that theirs is the best so far graded by PCGS, a condition census coin? I was not that positive, but I was optimistic and hopeful, which is why I took the time and trouble to submit the coin.
Needless to say I am delighted with the outcome!!
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"
John, Al & CoinAddict: Thanks very much for your posts to this thread.
Al: I am going to think long and hard about the best way to monetize this "Blue Bird" that I have made, to fund some other "dream coins" which I have always wanted to own. My first reaction would be not to have the coin conserved via NCS because it is beautiful and original as-is.
If the coin had some type of foreign material, etc. on it then I'd perhaps consider using NCS's services to remediate the material. Based on some initial reactions to the photo of the coin, it appears to be a strong
My understanding is that Copper Spots are a natural phenomenon that occur on gold coins because of imperfectly homogenized copper alloys within the gold. They also tend to corroborate originality and a genuine coin.
This wonderful event will be a great learning experience for me, which I am very much looking forward to.
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"
Wasn't around that long ago, but nearly 6 years and it still being a Top Pop of 1 is pretty amazing. I too, have the same questions, if Stuart is still around and what he did with the coin.
It appears so -- would be interesting to know if Stuart still owns the coin.
I missed this thread the first time -- the coin appears to be amazingly clean, and the non-distracting copper spots attest to its originality. In the current market a submission to Secure Plus and CAC would probably enhance its market value further -- although the coin would likely be bid up very high anyway in an auction.
I'm sure if the gold "picky" patrol were out they'd brutalize this coin for the scuff on the cheek, a tick in the right obv field, and 3 micro alloy spots.
Seriously Stuart, this looks awfully nice today. Maybe a candidate for a +? The fields would look more at home in a 66 holder.
It was interesting to see this old thread of my 1892-S $20 Gold Double Eagle resurrected. In reply to several questions recently posted, I decided to monetize (sell) the subject coin several years ago to help fund other coin purchases that are more core to my collecting interests.
It was very exciting back in 2004 to "make" a PCGS Pop 1/0 coin, especially on a raw coin purchase made many years earlier for $275.
Thanks resurrecting this thread and for bringing back some good memories!
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>It was interesting to see this old thread of my 1892-S $20 Gold Double Eagle resurrected. In reply to several questions recently posted, I decided to monetize (sell) the subject coin several years ago to help fund other coin purchases that are more core to my collecting interests.
It was very exciting back in 2004 to "make" a PCGS Pop 1/0 coin, especially on a raw coin purchase made many years earlier for $275.
Thanks resurrecting this thread and for bringing back some good memories! >>
Ahhh, that was kind of anti-climatic. Can you provide more details to close out the story? When did you sell it? How did you sell it? Do you know where it is now? What did you get for it (or if this is confidential, what were you able to buy with the proceeds)?
Ahhh, that was kind of anti-climatic. Can you provide more details to close out the story? When did you sell it? How did you sell it? Do you know where it is now? What did you get for it (or if this is confidential, what were you able to buy with the proceeds)? >>
<< <i>Ahhh, that was kind of anti-climatic. Can you provide more details to close out the story? When did you sell it? How did you sell it? Do you know where it is now? What did you get for it (or if this is confidential, what were you able to buy with the proceeds)? >>
what he said >>
X2, I missed this thread the first time around.
@ Elite CNC Routing & Woodworks on Facebook. Check out my work. Too many positive BST transactions with too many members to list.
Indeed, the Saddle Ridge Hoard explains much of the change at the upper end of the population.
The SRH contained 178 – 1892-S double eagles, the second highest of any date with 1889-S $20 being the highest at 422.
Among 1892-S double eagles, there were:
MS65+: 3
MS65: 5
MS64+: 16
MS64:23
MS63+: 19
MS63:33
MS62+: 6
MS62: 26
MS61: 3
AU50-58+: 12
Genuine: 32
Considering that some of the higher grade coins from the hoard were conservatively graded, I suspect that some of the coins originally graded MS64 or MS64+ moved into the gem ranks.
Comments
Roadrunner: Thanks for your strategic advice on potential regrading of this coin (shot-66), and also suggesting that I carefully watch $20 Liberty Registry Set activity.
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"
You thought that would 64? I think it is very nice for a 65...unless there is a hidden patch of small hairlines or something, I would say the coin looks undergraded...
JMTC...
John
siliconvalleycoins.com
siliconvalleycoins.com
Since I knew that the coin did not previously exist in PCGS MS-65, and the Greysheet listed it at ~$8K in MS-64 (with no price in MS-65), I thought that PCGS would be very tough on her to get her to surpass MS-64. The other 1906-D and 1907-S $20 Liberties that I recently submitted appeared to me to be MS-64's and they "only" made MS-63 -- tough dates worth good money in MS-63...
Does any average collector ever submit a coin that they purchased raw 31 years ago with the assumption that theirs is the best so far graded by PCGS, a condition census coin? I was not that positive, but I was optimistic and hopeful, which is why I took the time and trouble to submit the coin.
Needless to say I am delighted with the outcome!!
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"
siliconvalleycoins.com
<< <i>NCS those spots off of it and you may wind up with an MS-66 =0) Nice coin! >>
AWESOME coin..
Al
Capped Bust Half Series
Capped Bust Half Dime Series
Al: I am going to think long and hard about the best way to monetize this "Blue Bird" that I have made, to fund some other "dream coins" which I have always wanted to own. My first reaction would be not to have the coin conserved via NCS because it is beautiful and original as-is.
If the coin had some type of foreign material, etc. on it then I'd perhaps consider using NCS's services to remediate the material. Based on some initial reactions to the photo of the coin, it appears to be a strong
My understanding is that Copper Spots are a natural phenomenon that occur on gold coins because of imperfectly homogenized copper alloys within the gold. They also tend to corroborate originality and a genuine coin.
This wonderful event will be a great learning experience for me, which I am very much looking forward to.
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"
so what did you end up doing with it?
Great story!
Is the OP still around??
I too, have the same questions, if Stuart is still around and what he did with the coin.
Amazing!
Successful BST transactions with: copperhunter (2010), Tdec1000 (2010), barrytrot (2011), kaz, (2011), Metalsman (2011), jimineez1 (2020), U1chicago (2020)
<< <i>Great story!
Is the OP still around?? >>
Last Visited On: July 19th, 2010 7:47 AM
It appears so -- would be interesting to know if Stuart still owns the coin.
I missed this thread the first time -- the coin appears to be amazingly clean, and the non-distracting copper spots attest to its originality. In the current market a submission to Secure Plus and CAC would probably enhance its market value further -- although the coin would likely be bid up very high anyway in an auction.
Wish the pic was still here, what a tough coin.
<< <i>Geez, whoever dug this up, what a great story!
Wish the pic was still here, what a tough coin. >>
The picture is still in the thread, but you have to look only a few posts up from yours to find it. It is a beautiful coin.
Seriously Stuart, this looks awfully nice today. Maybe a candidate for a +? The fields would look more at home in a 66 holder.
roadrunner
It was very exciting back in 2004 to "make" a PCGS Pop 1/0 coin, especially on a raw coin purchase made many years earlier for $275.
Thanks resurrecting this thread and for bringing back some good memories!
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"
Congrats to you, and good luck on further $275 purchases going the distance.
Successful BST transactions with: copperhunter (2010), Tdec1000 (2010), barrytrot (2011), kaz, (2011), Metalsman (2011), jimineez1 (2020), U1chicago (2020)
<< <i>It was interesting to see this old thread of my 1892-S $20 Gold Double Eagle resurrected. In reply to several questions recently posted, I decided to monetize (sell) the subject coin several years ago to help fund other coin purchases that are more core to my collecting interests.
It was very exciting back in 2004 to "make" a PCGS Pop 1/0 coin, especially on a raw coin purchase made many years earlier for $275.
Thanks resurrecting this thread and for bringing back some good memories!
Ahhh, that was kind of anti-climatic. Can you provide more details to close out the story? When did you sell it? How did you sell it? Do you know where it is now? What did you get for it (or if this is confidential, what were you able to buy with the proceeds)?
Ahhh, that was kind of anti-climatic. Can you provide more details to close out the story? When did you sell it? How did you sell it? Do you know where it is now? What did you get for it (or if this is confidential, what were you able to buy with the proceeds)? >>
what he said
<< <i>Ahhh, that was kind of anti-climatic. Can you provide more details to close out the story? When did you sell it? How did you sell it? Do you know where it is now? What did you get for it (or if this is confidential, what were you able to buy with the proceeds)? >>
what he said >>
X2, I missed this thread the first time around.
Too many positive BST transactions with too many members to list.
Pop went from 1 to 16..
The frequency of coins upgrading is now an entrenced component of the TPG business model. It does not benefit collectors.
The Saddle Ridge hoard is the likely cause of the pop change rather than upgrading previous non-hoard coins.
"To Be Esteemed Be Useful" - 1792 Birch Cent --- "I personally think we developed language because of our deep need to complain." - Lily Tomlin
The SRH contained 178 – 1892-S double eagles, the second highest of any date with 1889-S $20 being the highest at 422.
Among 1892-S double eagles, there were:
MS65+: 3
MS65: 5
MS64+: 16
MS64:23
MS63+: 19
MS63:33
MS62+: 6
MS62: 26
MS61: 3
AU50-58+: 12
Genuine: 32
Considering that some of the higher grade coins from the hoard were conservatively graded, I suspect that some of the coins originally graded MS64 or MS64+ moved into the gem ranks.