John cannot log-in to the boards at this moment, but he asked me to pass along this message:
It was certainly an honor to be able to broker this rare dime once again. As Wondercoin stated, it’s interesting how reporters can focus on and misrepresent parts of the story that the interviewee does not expect. Several of the details may not be accurate but it certainly was a lot of fun to be a part of this deal and I couldn’t have done it without Mitch’s help. Justin was indeed the photographer in question and it was great to meet him and Mitch while participating in this transaction. The new owner is very pleased with the coin and we want to congratulate all of those involved.
John Feigenbaum President David Lawrence Rare Coins
John Brush President of David Lawrence Rare Coins www.davidlawrence.com email: John@davidlawrence.com 2022 ANA Dealer of the Year, Past Chair of NCBA (formerly ICTA), PNG Treasurer, Instructor at Witter Coin University, former Instructor/YN Chaperone ANA Summer Seminar, Coin World Most Influential, Curator of the D.L. Hansen Collection
Congratulations to all parties involved in this transaction!
If I were the one transporting the coin I would have probably put it in a button-up shirt pocket. The button would prevent the coin from falling out of my pocket, and with a simple tap of my hand against my chest I would know that it was still there. I would have dressed casually but not "slummed" it so I would blend in with most of the other passengers.
Also, I would have gone into the lavatory on the plane and starred at the coin for awhile.
BTW.. I think it's a shame that the person who bought this rarity only bought it as an investment. Coins that should be held strongly within the collecting community.
When I hit Vegas I generally fly with a couple straps of hundreds in my backpack. I generally just ask the TSA individuals to not remove items from the bag as they search it, it's never been an issue......and I would have slept.
When I saw the coin at the Stack auction in 1990 I graded the coin a 65. It was slabbed as PF66. The color was definitely original and decent looking. I did note that it was a touch dull on the mirrors but felt it was "nice" even by 1990 standards.
In looking at the pics on the 1990 catalog the obv/rev toning patterns are identical so the coin has not been messed with since the coin was raw at the James A. Stack sale. The DLRC photos don't seem to be as complimentary as the 1990 photos.
The James Stack dime sale had a pile of great coins in it. I recall that sale especially for making a lapse on the gem 1853-0 arrows dime. It was my #1 "want" going into the sale. It was probably the most underrated seated dime in gem imo. Prior to this all I had seen in decent unc was a flat head MS63 that Gene Edwards had 10 or so years earlier for around $15,000. I graded the Stack coin a 64+ (technically 65 surfaces and luster but with the rev probably very faintly cleaned at one time...I had it for $3600 to pay). It may have been that the rev was lightly PL but I "blew" the grade. It fetched $12,100 to dealer Jay Miller. That's what I felt an ok 65 would have been worth. I couldn't see paying that for a 64. Jay later told me he felt it was a no-brainer, no problem 65. Imagine my surprise when it graded out NGC MS66! Jay "flipped" the coin to dealer Bruce Amspacher for $23,500. Bruce cracked the coin out and sent it to PCGS. They graded it MS65! And as far as I know it still resides in a 65 holder. But still probably the finest known. Have not seen it since but I'd like to get a 2nd chance on re-evaluating the reverse someday.
<< <i>IMO, it was extremely foolish to work the pocket angle into the story. As if coin dealers weren't target enough already.... >>
That is my point. Here in the board we brag about what we buy but nobody knows where we live or who we are(for the most part). Yahoo news... Thats different Keith
"IMO, it was extremely foolish to work the pocket angle into the story. As if coin dealers weren't target enough already...."
TDN: I agree with you 100%. John tells me that is what the reporters keyed off on when they spoke with him as he tried to steer them into facts about the coin itself. Some "sizzle"
Wondercoin
P.S. - The 6% commission is inaccurate information as well. Based upon what I have seen, I decided to speak briefly to Coin World on their story (I hope that goes well) and that is basically it (other than exchanges over on the Registry Board where the seller has written his own story).
Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
Comments
It was certainly an honor to be able to broker this rare dime once again. As Wondercoin stated, it’s interesting how reporters can focus on and misrepresent parts of the story that the interviewee does not expect.
Several of the details may not be accurate but it certainly was a lot of fun to be a part of this deal and I couldn’t have done it without Mitch’s help. Justin was indeed the photographer in question and it was great to meet him and Mitch while participating in this transaction. The new owner is very pleased with the coin and we want to congratulate all of those involved.
John Feigenbaum
President
David Lawrence Rare Coins
President of David Lawrence Rare Coins www.davidlawrence.com
email: John@davidlawrence.com
2022 ANA Dealer of the Year, Past Chair of NCBA (formerly ICTA), PNG Treasurer, Instructor at Witter Coin University, former Instructor/YN Chaperone ANA Summer Seminar, Coin World Most Influential, Curator of the D.L. Hansen Collection
<< <i>with flip-flops on his feet, a T-shirt on his back >>
<< <i>Feigenbaum was slumming it so as not to attract attention >>
<< <i>Shortly after boarding the plane, he transferred the dime from his pants pocket to his briefcase.
>>
nope, nothin suspicious there.
If I were the one transporting the coin I would have probably put it in a button-up shirt pocket. The button would prevent the coin from falling out of my pocket, and with a simple tap of my hand against my chest I would know that it was still there. I would have dressed casually but not "slummed" it so I would blend in with most of the other passengers.
Also, I would have gone into the lavatory on the plane and starred at the coin for awhile.
BTW.. I think it's a shame that the person who bought this rarity only bought it as an investment. Coins that should be held strongly within the collecting community.
That is Hilarious! LOL! POD!
You make this board enjoyable, thig
<< <i>encased in a 3-inch-square block of plastic >>
My favorite line!
In looking at the pics on the 1990 catalog the obv/rev toning patterns are identical so the coin has not been messed with since the coin was raw at the James A. Stack sale. The DLRC photos don't seem to be as complimentary as the 1990 photos.
The James Stack dime sale had a pile of great coins in it. I recall that sale especially for making a lapse on the gem 1853-0 arrows dime. It was my #1 "want" going into the sale. It was probably the most underrated seated dime in gem imo. Prior to this all I had seen in decent unc was a flat head MS63 that Gene Edwards had 10 or so years earlier for around $15,000. I graded the Stack coin a 64+ (technically 65 surfaces and luster but with the rev probably very faintly cleaned at one time...I had it for $3600 to pay). It may have been that the rev was lightly PL but I "blew" the grade. It fetched $12,100 to dealer Jay Miller. That's what I felt an ok 65 would have been worth. I couldn't see paying that for a 64.
Jay later told me he felt it was a no-brainer, no problem 65.
Imagine my surprise when it graded out NGC MS66! Jay "flipped" the coin to dealer Bruce Amspacher for $23,500. Bruce cracked the coin out and sent it to PCGS. They graded it MS65! And as far as I know it still resides in a 65 holder. But still probably the finest known. Have not seen it since but I'd like to get a 2nd chance on re-evaluating the reverse someday.
roadrunner
Keith
<< <i>IMO, it was extremely foolish to work the pocket angle into the story. As if coin dealers weren't target enough already.... >>
That is my point. Here in the board we brag about what we buy but nobody knows where we live or who we are(for the most part). Yahoo news... Thats different
Keith
Young Numismatist ............................ and growing!
Russ, NCNE
Russ, you have contaminated that Slab Caddy™ case (always use a genric descriptor with a TM
<< <i>IMO, it was extremely foolish to work the pocket angle into the story. As if coin dealers weren't target enough already.... >>
hmmmm maybe a body cavity or entrance port would have been better. Like a thief wouldn't think to look in someone's pocket/s
TDN: I agree with you 100%. John tells me that is what the reporters keyed off on when they spoke with him as he tried to steer them into facts about the coin itself. Some "sizzle"
Wondercoin
P.S. - The 6% commission is inaccurate information as well. Based upon what I have seen, I decided to speak briefly to Coin World on their story (I hope that goes well) and that is basically it (other than exchanges over on the Registry Board where the seller has written his own story).