Let's post some Auction Prices realized of some Classic Rareties

STEWARTBLAYNUMIS

I was following the ANR Atlanta Auction tonight.An 1867 Shield nickel with Rays graded Proof 65 by PCGS sold for $62,000 +

In the same auction an 1880 Shield nickel Graded ms 65 by NGC brought $43,700

In Saint Louis a 1909 s VDB graded ms 67 red by PCGS brought
$92,000 in the Heritage Central States Auction.

Stewart

mozeppa

thats cool (vdb)


any thoughts on my post about the possibility of a new 44 d/s?

rays

The 1802 AU50 Half dollar, ex Garrett, sold for an astounding $27,600. Gray Sheet bid is an obviously irrelevant $7500.

coinlieutenant

While not a classic rarity, this is rare nonetheless.

I used to own this coin and sold it about a year ago for 5750$.

Looks like someone lost some money somewhere.

Hammered at 4200$. w/j=4830$.

rays

<< <i>While not a classic rarity, this is rare nonetheless.

I used to own this coin and sold it about a year ago for 5750$.

Looks like someone lost some money somewhere.

Hammered at 4200$. w/j=4830$. >>




Nice quarter.

vega1

Nice quarter is right! Thats beautiful.

I do not have a comment on auction prices, but I'm interested to read more from others.

Thanks!

lloydmincy

The ANR sale had 1827 Original Quarter hammered at $140,000. I called Stacks and same Quarter sold for $110,000 hammer just a year ago. I bid $110,000, but obviously not enough. 27% return one year.

The Proof Seated dollars which were in NGC holders went for much less than PCGS recent ones- only the 1867, which looked to be the only toned proof, sold for a bit more than expected. 1916-d NGC MS65 FB Mercury dime $28,000 hammer - average price realized.

Sunnywood

27% in one year ... well, consider this: the 1880 shield nickel NGC MS65 that brought $43,700 is probably the same one in the Bowers & Merena August 1999 Rarities Sale that realized about $3500. Shield nickels have never gotten enough respect ... maybe that is changing

Sunnywood

roadrunner

well, consider this: the 1880 shield nickel NGC MS65 that brought $43,700 is probably the same one in the Bowers & Merena August 1999 Rarities Sale that realized about $3500. Shield nickels have never gotten enough respect ... maybe that is changing

Sunnywood, while this is only my conjecture I don't think those could be the same coin. While an 1880 nickel may have been off the radar to most in the coin hobby until only the past 2 years it was certainly well recognized by many dealers and nickel collectors since the late 1970's. I cannot conceive of an entire auction room of dealers letting a gem of this date get away for $3500 even in 1990.
I've been looking for one since 1975 and never saw a real UNC.
This date has had respect for decades to those who did just a little bit of research. It NEVER shows up in circ either...that was what got me started looking for it. And I wasn't even a nickel collector. Now that the CDN price in MS65 is off the charts it has respect. But it earned it a long time ago.

About the only way that coin may have slipped by is if it was perceived to be a Proof. But a fully frosty 1880 wouldn't just slip by.
Maybe a few of the dealers in the know got together and agreed to split the coin rather than run it up. I've seen this happen so many times. No doubt you have too.

roadrunner

roadrunner

Sunnywood, I stand corrected. One of the silent lurkers of the forum just informed me that this was the same coin from 1999.
I stand admonished. Still seems hard to believe. If only I had been a that auction............but if I felt it wasn't convincing enough a MS coin, I'd have not paid over $5K for it even as a PL.

roadrunner

lloydmincy

CORRECTION : I was misinformed. Lot 200 (original 1827 quarter) and 201 (1827 restrike quarter) did NOT sell. Reserve was "secret", and was $140,000 minimum bid for #200. (Got a call). Quite a few of the BIG ONES did not sell.

There was no "27%" return...

Sunnywood

Roadrunner, it was definitely the same coin. And I was at that auction ... but had my sights elsewhere ... at that time, the 18u80 shield in MS65 was only bid about $3500 in the sheet. Nobody cared about shield nickels at all. Further, the 1880 is extremely difficult to identify as a business strike, as only two obverses were used for the entire issue, and both were used on proofs as well as business strikes. In addition, the proof collar appears to have left on for the entire striking, so that square rims aren't even determinative. Proofs were struck from both early and later die states as well. So identifying true business strikes is very difficult, even for specialists like me. However, this one was a no-questions business strike. At the time, $3500 seemed reasonable. Today, $43000 seems unreasonable to me ...

For 10 years after 1989, people like Legend were always saying "The 1989 high for this coin was ... " To me, hearing those words in 1997, for example, was merely proof that the coin market can CRASH, and STAY DOWN for EIGHT YEARS. While we may not be ready for that yet, I bet a lot of people who are spending moon money now will be buried for a long time.

Sunnywood

jdimmick

Does anybody recall what the NGC-65 1880 Shield Nickel in DLRC (richmond sale) sold for?