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AAAAHHHH It's American......

IlikeZARcoinsIlikeZARcoins Posts: 901
in World & Ancient Coins Forum
which isn't my area of expertise.

I realise there's a premium on this but could some knowledgable soul tell me the approximate premium amount ( either in $ or % ).

Merci

Premium Coin

Comments

  • Steve27Steve27 Posts: 13,274 ✭✭✭
    I'm not sure I understand your question but he (this is Anaconda AKA Adrian on our boards) states:

    "Ex: Louis E. Eliasberg, Sr. Collection (Bowers and Merena, 4/97), lot 1882, which realized $4,180.(#6163)

    Greysheet wholesale bid is $6100 for an average example with no premium for the pedigree."


    Thus, he is saying that it sold at auction in 1997 for $4,180 and the current dealer wholesale bid for a MS65 example is $6100.


    Additionally it appears to be a nice example:




    image
    "It's far easier to fight for principles, than to live up to them." Adlai Stevenson
  • IlikeZARcoinsIlikeZARcoins Posts: 901
    OK - since he is a known & trusted dealer I will seriously think about purchasing this coin.

    I'm a bit 'iffy' about dealers claims when it comes to high priced items.

    For all I know these coins could retail at $ 2000 without the 'name' premium......you get my point.

    OK - time for a bit of financial juggling I think. image
  • Steve27Steve27 Posts: 13,274 ✭✭✭
    "OK - since he is a known & trusted dealer I will seriously think about purchasing this coin."

    He sells high-end toned coins usually (at large mark-ups).



    "For all I know these coins could retail at $ 2000 without the 'name' premium......you get my point."

    Yes, that's why I mentioned the auction and wholesale bid info. It wouldn't hurt to check the Heritage site for similar sales; although, from the info in your sig line, I'm guessing that you like the fact that it's ex-Eliasberg. It's also an Overton-102 (I'm not sure if this variety brings a premium - you might want to ask on the US Coin Forum).
    "It's far easier to fight for principles, than to live up to them." Adlai Stevenson
  • DBSTrader2DBSTrader2 Posts: 3,487 ✭✭✭✭
    These prices make my head and my junk-box collection spin!imageimage
  • Steve27Steve27 Posts: 13,274 ✭✭✭
    " These prices make my head and my junk-box collection spin!"

    Me too, here's the one from my collection:


    imageimage
    "It's far easier to fight for principles, than to live up to them." Adlai Stevenson
  • MSD61MSD61 Posts: 3,382 ✭


    << <i>These prices make my head and my junk-box collection spin!imageimage >>



    My wife would divorce me in a heartbeat if I spent that much on a coinimage
    Omnicoin
  • SYRACUSIANSYRACUSIAN Posts: 6,461 ✭✭✭✭
    I like bust halves a lot, I went as high as AU50 once, now I have a holey one, both from LM. The Eliasberg is very pretty, but these coins are very attractive in VF too I think.

    edited: Steve, yours would grade around F-VF, right? A nice F-VF nevertheless. image
    Dimitri



    myEbay



    DPOTD 3
  • Steve27Steve27 Posts: 13,274 ✭✭✭
    Dimitri, the pic isn't very good, in-hand it's easily a VF coin (Overton-111 too, an R4 variety, according to the experts on the US forum).
    "It's far easier to fight for principles, than to live up to them." Adlai Stevenson
  • MSD61MSD61 Posts: 3,382 ✭
    This is what mine looks like.
    image
    Omnicoin
  • MacCrimmonMacCrimmon Posts: 7,058 ✭✭✭
    ZAR, why this bust half? The Eliasberg pedigree alone?

    As to pricing, check Heritage's auction archives. Of course, that was then and this is now.

    Another question to ponder is; would it cross to PCGS? Do you care? But, ultimately, what is the market price now? I do not know.

    I just wish I had my fully frosty 1832 Busty with the thin crescent partial rainbow.......a real AU58 which no doubt rests in an MS63/64 holder today.....image

  • SYRACUSIANSYRACUSIAN Posts: 6,461 ✭✭✭✭
    Steve,you're right, I was fooled by the whitish areas of wear at first, but at closer inspection, the LIBERTY letters, the feathers, etc,point to a VF.


    Everytime I hear about these Overton varieties, it reminds me of that sad story with LM, you know which one I'm referring to, right?



    edited: a real AU58 which no doubt rests in an MS63/64 holder today.....

    Why's that Mac? Were the standards that tighter back then?
    Dimitri



    myEbay



    DPOTD 3
  • IlikeZARcoinsIlikeZARcoins Posts: 901
    Yes, it's the Eliasberg pedigree that interested me in the coin.

    However after careful consideration I have decided not to purchase it due to the fact that I will keep some cash on hand for 'remarkable' ZARs ( such as the double shaft variety coins etc ).

    Also I will stick to Eliasberg gold. I like Ron Guths story in Coin Collecting for Dummies ( yes, have a chuckle ) which goes along the lines of him buying a few Thalers and then finding different mintmarks & die varieties and purchasing all those too !!! His set still isn't complete because he can't find a certain year. So the moral is to stick to the knitting.
  • Steve27Steve27 Posts: 13,274 ✭✭✭
    "...it reminds me of that sad story with LM, you know which one I'm referring to, right? "

    Yes, a holey coin as I recall, but a rare one.
    "It's far easier to fight for principles, than to live up to them." Adlai Stevenson
  • shirohniichanshirohniichan Posts: 4,992 ✭✭✭
    I just wish I had my fully frosty 1832 Busty with the thin crescent partial rainbow.......a real AU58 which no doubt rests in an MS63/64 holder today.....image

    Sad, ain't it? "Market grading" means your Au58's of old are now MS63 or better.

    My favorite bust half was deemed AU53 by PCGS, but I thought it slightly nicer.
    image
    Obscurum per obscurius
  • PreussenPreussen Posts: 2,307 ✭✭✭


    << <i>...I will seriously think about purchasing this coin...For all I know these coins could retail at $ 2000 without the 'name' premium... >>



    I realize this post has been superceded by another, and I also realize that I should probably just keep quiet...but that's not me...I find that I must ask: Would a serious, thinking person post that they’re considering the purchase of a $6,500 coin while making the statement quoted above.? Maybe you're not "GCL,"but you're certainly just as full of crap. Give me a break. - Preussen
    "Illegitimis non carborundum" -General Joseph Stilwell. See my auctions
  • IlikeZARcoinsIlikeZARcoins Posts: 901
    Preussen - I don't care. I am relative new to coin collecting and know absolutely nothing about American coins ( not my area at all ). I was only asking for honest advice as I'm trying to learn.

    Good Luck.

    Actually Preussen, you've Peed me off somewhat. That line had nothing to do with the posts before it. I was simply trying to imply that 'name' coins often carry a large premium on Ebay which is especially true of Eliasberg Gold. I know nothing about American coins ( nor the vendor ) so I was simply making a point that for all i knew ( before doing my research ) that these coins could go for way cheaper without the name premium. I wanted to check facts before I would have bought. Now just because you woke up on the wrong side of bed go and annoy someone else.
  • PreussenPreussen Posts: 2,307 ✭✭✭


    << <i>Preussen - I don't care. I am relative new to coin collecting and know absolutely nothing about American coins >>



    Well, that certainly explains your spouting off about "seriously considering" the purchase of a $6500 coin that might only be worth $2000 without the "name premium." I'm sorry I ever doubted you. My apologies to you and the other members of this august forum.

    image Hmmm...what to buy next; a ZAR penny or one with a "name premium" ...decisions, decisions. - Preussen
    "Illegitimis non carborundum" -General Joseph Stilwell. See my auctions
  • IlikeZARcoinsIlikeZARcoins Posts: 901
    You just don't get it do you - the $ 2000 was just a figure to use as an example. It was not meant to be the 'correct' figure.

    Edit: and if you doubt that I don't buy 'expensive' coins then look at my Ebay in a few weeks time. I'll provide the link later.

  • PreussenPreussen Posts: 2,307 ✭✭✭


    << <i>You just don't get it do you - >>



    No, my friend; I guess I just don't get it. Enjoy your hobby. - Preussen
    "Illegitimis non carborundum" -General Joseph Stilwell. See my auctions
  • PreussenPreussen Posts: 2,307 ✭✭✭
    "ZAR" - What does this PM mean?



    << <i>Preussen - don't tarnish people with the same brush if you've had previous bad experiences.

    There's a message on the thread for you.

    Good Luck. >>

    - Preussen
    "Illegitimis non carborundum" -General Joseph Stilwell. See my auctions
  • IlikeZARcoinsIlikeZARcoins Posts: 901
    Your comparison of GCL and the explanation of the $ 2000 as an example.

    Thanks for spoiling what was otherwise an enjoyable night.
  • PreussenPreussen Posts: 2,307 ✭✭✭


    << <i>Preussen - I don't care. I am relative new to coin collecting and know absolutely nothing about American coins ( not my area at all ). I was only asking for honest advice as I'm trying to learn.

    Good Luck.

    Actually Preussen, you've Peed me off somewhat. That line had nothing to do with the posts before it. I was simply trying to imply that 'name' coins often carry a large premium on Ebay which is especially true of Eliasberg Gold. I know nothing about American coins ( nor the vendor ) so I was simply making a point that for all i knew ( before doing my research ) that these coins could go for way cheaper without the name premium. I wanted to check facts before I would have bought. Now just because you woke up on the wrong side of bed go and annoy someone else. >>



    Only a real "class act" would edit their post to include such drivel after I replied to it. My assessment of you stands. Learn from it or get over it. Better yet, buy the coin ... now wouldn't that show me? - Preussen

    Edited to add: I'm finished with this...the last word is yours image
    "Illegitimis non carborundum" -General Joseph Stilwell. See my auctions
  • IlikeZARcoinsIlikeZARcoins Posts: 901
    Stick it Pruessen
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