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Our own mrearlygold has sold one MOOSE of a double eagle...

LongacreLongacre Posts: 16,717 ✭✭✭
Has anyone seen this press release? Looks like the down payment on the winter house in the islands can now be made. image

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Finest Known 1859-O Double Eagle Sale Announced

(Florida) -- Florida rare coin dealer and gold coin specialist Tom Pilitowski has announced the purchase and sale of the finest known 1859 double eagle minted in New Orleans. Numismatic Guarantee Corp has assigned the coin a Mint State 61 "Proof like" grade. Pilitowski said it is just the second known uncirculated specimen and is the finest certified 59-O by any of the third party grading services.

Given the mintage of only 9100 coins, the 1859-O double eagle has been characterized as the 4th rarest of the New Orleans double eagles, and it 's no surprise that these coins are rare and important in all grades. The majority of surviving specimens appear to be in grades VF thru EX with condition census beginning at about uncirculated 55. Previously an MS-60 specimen, graded by the Professional Coin Grading Services was thought to be the only known uncirculated specimen of this date.

"This specimen is also quite distinctive in that there is a deep reflectivity in the fields with a corresponding contrast in the devices presenting this as a true deep prooflike double eagle' Pilitowski said. Further noted is "how clean the specimen is with an absolute minimum of abrasions or other surface imperfections" which in addition to the overall appearance of the coin given it's deep mirrors, suggests that special care was used in striking this coin, which I have not seen in any other example that's even remotely similar. While not a specimen striking, the overall quality of the coin cannot be overstated and is without question the finest known 1859-O Double Eagle to have appeared" he said.

The coin was purchased from a collector in the Northeast, and while an exact price paid has not been disclosed, Mr Pilitowski said that the value was in into the 6 figures range. The coin was purchased by an advanced collector who wishes to remain anonymous at this time. What is somewhat of a mystery is where exactly the coin has originated from. Mr Pilitowski believes that the coin has not been on the market for perhaps as long as 20 years although neither the specimen, nor its pedigree has been traced.

Numismatists and other specialists who would like to help in this endeavor are invited to call Mr Pilitowski at 1-800-624-1870 or contact him thru his website http://www.usrarecoininvestments.com with information leading to tracing this incredible New Orleans rarities 137 year history.

######

Media Contact:

Tom Pilitowski at 1-800-624-1870


Always took candy from strangers
Didn't wanna get me no trade
Never want to be like papa
Working for the boss every night and day
--"Happy", by the Rolling Stones (1972)

Comments

  • JJMJJM Posts: 8,036 ✭✭✭✭✭
    OMG
    👍BST's erickso1,cone10,MICHAELDIXON,TennesseeDave,p8nt,jmdm1194,RWW,robkool,Ahrensdad,Timbuk3,Downtown1974,bigjpst,mustanggt,Yorkshireman,idratherbgardening,SurfinxHI,derryb,masscrew,Walkerguy21D,MJ1927,sniocsu,Coll3tor,doubleeagle07,luciobar1980,PerryHall,SNMAM,mbcoin,liefgold,keyman64,maprince230,TorinoCobra71,RB1026,Weiss,LukeMarshall,Wingsrule,Silveryfire, pointfivezero,IKE1964,AL410, Tdec1000, AnkurJ,guitarwes,Type2,Bp777,jfoot113,JWP,mattniss,dantheman984,jclovescoins,Collectorcoins,Weather11am,Namvet69,kansasman,Bruce7789,ADG,Larrob37
  • mrearlygoldmrearlygold Posts: 17,858 ✭✭✭
    They didn't print a photo!




    image
  • LongacreLongacre Posts: 16,717 ✭✭✭


    << <i>They didn't print a photo!




    image >>





    It had a photo. I just didn't copy and paste it in my thread. Can someone else do that so we can see this MOOSE?
    Always took candy from strangers
    Didn't wanna get me no trade
    Never want to be like papa
    Working for the boss every night and day
    --"Happy", by the Rolling Stones (1972)
  • mrearlygoldmrearlygold Posts: 17,858 ✭✭✭
    Reckon these will do?


    image

    image
  • JJMJJM Posts: 8,036 ✭✭✭✭✭
    unreal
    👍BST's erickso1,cone10,MICHAELDIXON,TennesseeDave,p8nt,jmdm1194,RWW,robkool,Ahrensdad,Timbuk3,Downtown1974,bigjpst,mustanggt,Yorkshireman,idratherbgardening,SurfinxHI,derryb,masscrew,Walkerguy21D,MJ1927,sniocsu,Coll3tor,doubleeagle07,luciobar1980,PerryHall,SNMAM,mbcoin,liefgold,keyman64,maprince230,TorinoCobra71,RB1026,Weiss,LukeMarshall,Wingsrule,Silveryfire, pointfivezero,IKE1964,AL410, Tdec1000, AnkurJ,guitarwes,Type2,Bp777,jfoot113,JWP,mattniss,dantheman984,jclovescoins,Collectorcoins,Weather11am,Namvet69,kansasman,Bruce7789,ADG,Larrob37
  • LongacreLongacre Posts: 16,717 ✭✭✭
    Is that putty on the cheek? image

    [Just kidding]
    Always took candy from strangers
    Didn't wanna get me no trade
    Never want to be like papa
    Working for the boss every night and day
    --"Happy", by the Rolling Stones (1972)
  • BECOKABECOKA Posts: 16,960 ✭✭✭
    How do expert collectors find this stuff and talk the owners into selling it. Not that I could ever afford it but it seems a lot of the really great sales happen in private transactions.
  • mrearlygoldmrearlygold Posts: 17,858 ✭✭✭


    << <i>How do expert collectors find this stuff and talk the owners into selling it. Not that I could ever afford it but it seems a lot of the really great sales happen in private transactions. >>



    That's a great question. Once upon a time I had a customer who grew bored with his Bust dolllar collection ( got almost all of them from me ) and shipped them all to me. I took pictures of them sitting on the island in my kitchen. I offered them to a couple collectors on the west coast who bought them all and that collection became quite famous!

    This one will be tooimage
  • ElcontadorElcontador Posts: 7,537 ✭✭✭✭✭
    I think many people who get older who have collected coins for many years don't have any heirs who are interested in numismatics. At some point they think it's some time to sell.
    "Vou invadir o Nordeste,
    "Seu cabra da peste,
    "Sou Mangueira......."
  • RYKRYK Posts: 35,797 ✭✭✭✭✭
    They didn't print a photo!

    I was expecting a photo of mrearlygold. image
  • HyperionHyperion Posts: 7,440 ✭✭✭
    If I ever hit the lottery for a few mil, forget laura. the 3rd call I make will be to mrearlygold, with a certified check, and say "go buy me some pretty coins".

    (first call is to the wife.
    second call is to the boss to say "I quit")
  • originalisbestoriginalisbest Posts: 5,936 ✭✭✭✭
    Very, very nice and rare coin, Tom.
  • mrearlygoldmrearlygold Posts: 17,858 ✭✭✭


    << <i>They didn't print a photo!

    I was expecting a photo of mrearlygold. image >>



    We're putting one on the new website that will be online in 3 weeks RYK image

    Thank you Mr Hyperionimage
  • coinguy1coinguy1 Posts: 13,484 ✭✭✭


    << <i>Numismatic Guarantee Corp has assigned the coin a Mint State 61 "Proof like" grade... >>

    Unless the name of the company has changed very recently, I believe it is Numismatic Guaranty , not Numismatic Guarantee .image Who wrote and edited that press release?image
  • mrearlygoldmrearlygold Posts: 17,858 ✭✭✭


    << <i>

    << <i>Numismatic Guarantee Corp has assigned the coin a Mint State 61 "Proof like" grade... >>

    Unless the name of the company has changed very recently, I believe it is Numismatic Guaranty , not Numismatic Guarantee .image Who wrote and edited that press release?image >>




    image
  • DaveGDaveG Posts: 3,535
    Nice Coin!

    Well, if it isn't the Akers plate coin (which was in the 10/77 Bowers & Ruddy auction as lot # 2752) or the NGC MS-61 from the SS Republic, then it looks like Doug Winter's new book already needs to be updated!

    Check out the Southern Gold Society

  • LongacreLongacre Posts: 16,717 ✭✭✭


    << <i>Nice Coin!

    Well, if it isn't the Akers plate coin (which was in the 10/77 Bowers & Ruddy auction as lot # 2752) or the NGC MS-61 from the SS Republic, then it looks like Doug Winter's new book already needs to be updated! >>




    image
    Always took candy from strangers
    Didn't wanna get me no trade
    Never want to be like papa
    Working for the boss every night and day
    --"Happy", by the Rolling Stones (1972)
  • mrearlygoldmrearlygold Posts: 17,858 ✭✭✭


    << <i>Nice Coin!

    Well, if it isn't the Akers plate coin (which was in the 10/77 Bowers & Ruddy auction as lot # 2752) or the NGC MS-61 from the SS Republic, then it looks like Doug Winter's new book already needs to be updated! >>



    Thanks Dave,

    It is definitely NOT from the republic, it's out of a collectionimage
  • airplanenutairplanenut Posts: 22,176 ✭✭✭✭✭
    I'll give you $50 for it.
    JK Coin Photography - eBay Consignments | High Quality Photos | LOW Prices | 20% of Consignment Proceeds Go to Pancreatic Cancer Research
  • JrGMan2004JrGMan2004 Posts: 7,557
    Wow Tom! Why couldn't you have at least let me come photograph that beauty instead of sticking it on a scanner?!?! image
    -George
    42/92
  • FatManFatMan Posts: 8,977
    What a wonderful coin. Congrats for handling the transaction.
  • mrearlygoldmrearlygold Posts: 17,858 ✭✭✭
    Thank youimage

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