'49-D Franklin, or pay the premium for the holder

jhdfla

Formerly in Teletrade auction 2129, lot 1578 where it sold for 1050. in an older NGC holder, neat coin...

Now re-holdered in an NGC * holder, with a reserve of 2K, lot #61036, Houston TX sig sale, end of this month. Amazing what a new holder will do huh? Of course no guarantee that the reserve will be met...

One of my fav dates in the series, but a little strong on the reserve, I'll be curious to see if it sells.
update:
Reserve has been met. I was outbid when it was in the Teletrade auction at the last minute... don't think I'll be bidding on this one at this level, but apparently somone likes it enuf to go 2K plus the juice...

John

bushmaster8

I remember it from TT. I thought it was VERY suspicious looking! The PCGS coin in the same auction was the better buy.

Jcarney

I'm wondering if that's the coin I owned. Can someone post a pic?

Never mind....yeah, that's the coin I owned. Sold it to Rick T. It was OK, but I can't see it as a $2k coin.

bushmaster8

Yes, i think it is the coin you had John. I knew somebody on the boards had won it , but could not remember who.

Former supercarcoins won the PCGS coin.

jhdfla

<< <i>I'm wondering if that's the coin I owned. Can someone post a pic?

Never mind....yeah, that's the coin I owned. Sold it to Rick T. It was OK, but I can't see it as a $2k coin. >>



Up until a day or two ago the reserve hadn't been met (2K), and the high bidder was at 910. I like the date and all that, but can't see it as a 2K coin either... that would buy a nice seated q in gem or any of a number of other interesting coins. Amazes me that somone would go that much more for it because of the holder...

John

TwoSides2aCoin

It's not the holder that brings the money, it's competition.

bushmaster8

<< <i>It's not the holder that brings the money, it's competition. >>



Excellent point U.!

But you gotta think that shiny new star is a big factor in the new selling level.

jhdfla

<< <i>It's not the holder that brings the money, it's competition. >>



Of course it's the competition, but it's WHAT they are bidding on... from Heritage's description...."This is the only Full Bell Lines Gem awarded the Star Designation by NGC, and that firm has certified just one finer Full Bell Lines example... by getting it into a * holder, it's worth double? At least in somones mind it is.

John

SkyMan

I agree with Greg, the newly starred Frankie looks suspicious as he11 to me for a '49-D.

The PCGS coin was up for grabs at the Goldberg pre LB sale in Sept. I was the underbidder on it at $1200. So with the juice someone bought it for ~$1,440.

PawPaul

both the 49-D`s talked about here are fake toned ; both ended up in R. Tomaska`s hands .....and both he sold for tidy profits