Our own mrearlygold has sold one MOOSE of a double eagle...
Longacre
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.
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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.
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Media Contact:
Tom Pilitowski at 1-800-624-1870
***********************************************
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)
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)
0
Comments
Coin's for sale/trade.
Tom Pilitowski
US Rare Coin Investments
800-624-1870
<< <i>They didn't print a photo!
>>
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?
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)
Coin's for sale/trade.
Tom Pilitowski
US Rare Coin Investments
800-624-1870
[Just kidding]
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)
<< <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 too
Coin's for sale/trade.
Tom Pilitowski
US Rare Coin Investments
800-624-1870
"Seu cabra da peste,
"Sou Mangueira......."
I was expecting a photo of mrearlygold.
(first call is to the wife.
second call is to the boss to say "I quit")
<< <i>They didn't print a photo!
I was expecting a photo of mrearlygold. >>
We're putting one on the new website that will be online in 3 weeks RYK
Thank you Mr Hyperion
Coin's for sale/trade.
Tom Pilitowski
US Rare Coin Investments
800-624-1870
<< <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 . Who wrote and edited that press release?
<< <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 . Who wrote and edited that press release? >>
Coin's for sale/trade.
Tom Pilitowski
US Rare Coin Investments
800-624-1870
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
<< <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! >>
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)
<< <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 collection
Coin's for sale/trade.
Tom Pilitowski
US Rare Coin Investments
800-624-1870
42/92
Coin's for sale/trade.
Tom Pilitowski
US Rare Coin Investments
800-624-1870