Will the record for a single numismatic item be broken? NO - IT SOLD for $5.31 MILLION
MrEureka
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Andy Lustig
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
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- Marcus Tullius Cicero, 106-43 BC
<< <i>Maybe, but the 1297 version of the Magna-Carta is going on sale soon and expected to bring in 12 to 18 million, so again, coins will be the bridesmaid and never the bride. >>
also there was that 3 1/2" 5,000 yr old sculpture that went for 57 million
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<< <i>I don't consider it a numismatic item. >>
same here
I guess that this is a good time to reflect on the semantic difference between a coin medallion, which we typically colloquially shorten into referring to as a medal, and an actual military or civilian medal of award.
Stuart
Collect 18th & 19th Century US Type Coins, Silver Dollars, $20 Gold Double Eagles and World Crowns & Talers with High Eye Appeal
"Luck is what happens when Preparation meets Opportunity"
<< <i>I don't consider it a numismatic item. >>
<< <i>
<< <i>I don't consider it a numismatic item. >>
same here >>
Agree. It's only bullion.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
<< <i>
<< <i>I don't consider it a numismatic item. >>
same here >>
same here
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
<< <i>I don't consider it a numismatic item. >>
Fair enough...why not? And why do you suppose some people do consider it a numismatic item?
<< <i>i want it.....cool key fob
That is what I would use it as too!
TC71
<< <i> And why do you suppose some people do consider it a numismatic item? >>
No clue. Because it's metallic and basically round?
I firmly believe in numismatics as the world's greatest hobby, but recognize that this is a luxury and without collectors, we can all spend/melt our collections/inventories.
eBaystore
<< <i>also there was that 3 1/2" 5,000 yr old sculpture that went for 57 million >>
I don't consider 3 1/2" 5,000 yr old sculptures to be numismatic items.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
I give away money. I collect money.
I don’t love money . I do love the Lord God.
<< <i>
<< <i> And why do you suppose some people do consider it a numismatic item? >>
No clue. Because it's metallic and basically round? >>
So are manhole covers.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
<< <i>The proper term is Exonumia. >>
It doesn't even qualify as exonumia by my way of thinking.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
A $4-8 MILL estimate? Sounds a tad "high" to me.
Even north of a few hundred thousand seems like a lot for such
a badge. I'd take an 1894-s dime instead. Let's see what the auction brings. I think the sale price of the 1933 Saint is safe for now.
roadrunner
<< <i>The proper term is Exonumia. >>
It's exo-exonumia at best. Granted, it is more numismatic than say, the Boyd's Battery quack medical device.
Ed. S.
(EJS)
-Paul
-Paul
"Seu cabra da peste,
"Sou Mangueira......."
<< <i>For all it's worth, I'm not convinced that the definition of "numismatics" is as precise as some might think. But I certainly agree that the piece has nothing to do with the study of coins and currency. >>
Hoard the keys.
and what it represents.
<< <i>Whether is is numismatic or not I would consider it more desirable than any coin in the world for its historical importance
and what it represents. >>
More historically important than one of the thirty pieces of silver paid to Judas? Talk about historical importance, assuming that's how it actually happened...
<< <i>
<< <i>Whether is is numismatic or not I would consider it more desirable than any coin in the world for its historical importance
and what it represents. >>
More historically important than one of the thirty pieces of silver paid to Judas? Talk about historical importance, assuming that's how it actually happened... >>
Well, if one of them could be positively identified as one of the 30 pieces of silver then I guess I would have to retract my
statement but I think they are all lost to history, at least I have never heard of any being positively identified as such.
<< <i>while it's not necessarily what most of us consider Numismatic, i'd think that if the provenance can be traced it would be an item that should be in the Smithsonian or some tyep of official Government ownership. >>
It certainly is a museum type piece but I would be surprised in any museums are going to be serious bidders, someone like
Bill Gates might be interested, he has been a high bidder in the past for some historic Americana items.
Not to mention it's one of one!
<< <i>
<< <i>
<< <i>I don't consider it a numismatic item. >>
same here >>
same here >>
Word.
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>Numismatic no, great historical value, yes.
Not to mention it's one of one! >>
Exactly what I thought, " defintely not numismatics.
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<< <i>
<< <i>
<< <i>Whether is is numismatic or not I would consider it more desirable than any coin in the world for its historical importance
and what it represents. >>
More historically important than one of the thirty pieces of silver paid to Judas? Talk about historical importance, assuming that's how it actually happened... >>
Well, if one of them could be positively identified as one of the 30 pieces of silver then I guess I would have to retract my
statement but I think they are all lost to history, at least I have never heard of any being positively identified as such. >>
I'd rather have the tribute penny---"Render unto Ceaser..............
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
SACRED RELIC BELONGING TO TWO OF THE GREATEST HEROES OF THE AMERICAN REVOLUTION WILL RETURN TO LAFAYETTE’S HOME IN FRANCE, CHÂTEAU LA GRANGE
New York, NY, December 11, 2007 - Today at Sotheby’s, George Washington’s specially commissioned gold medal
which was presented by his family to his adoptive son, the Marquis de Lafayette, sold for $5,305,000. The medal,
which symbolizes the ideals of the Revolution, was purchased by La
Fondation de Chambrun, located at Château La Grange, the home of the
Marquis de Lafayette, 30 miles east of Paris. Three bidders competed for the
medal, two on the telephone and one in the salesroom. The successful bid
was executed by Christophe Van de Weghe, a Contemporary art dealer in
Manhattan who represented La Fondation de Chambrun.
Speaking on behalf of the foundation, Mr. Van de Weghe said, “The medal is
a symbol of the bond of friendship between America and France and the
extraordinary connection between two of the greatest heroes of the 18th
century, George Washington and the Marquis de Lafayette. There are only
two places where this treasure belongs, Mount Vernon and Château La
Grange, and we are thrilled to have been able to save it for the public. The
medal will be on view in the bedroom of the Marquis de Lafayette at Château La Grange, and we would be happy to
work with Mount Vernon in the future to arrange for its exhibition at Washington’s home in Virginia.”
The medal, in the form of an eagle, represents the values that Washington, Lafayette and their comrades had fought for during the Revolutionary War, and to uphold those values, they formed The Society of the Cincinnati in 1783.
Eagle badges, or medals, were presented to all members of the Society, but the design of the present example is unique, being made for Washington to his specification by the engineer and designer of Washington, D.C., Pierre Charles L’Enfant.
After Washington’s death in 1799, the medal was passed on to his family who presented it to Lafayette during his
triumphal return to the United States in 1824. Lafayette treasured this talisman from his greatest hero, offering it a
place of honor in his home for the remainder of his life. Prior to the exhibition preceding today’s auction, this treasure had not been seen in public on American soil in more than 100 years. Complete with what is almost certainly the original ribbon and red leather presentation box bearing the label: WASHINGTON’S CINCINNATI BADGE, the medal had been consigned by Lafayette’s great-great-granddaughter. It had been estimated to sell for $4/10 million*.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
Experience the World through Numismatics...it's more than you can imagine.
<< <i>I wonder why a private sale couldn't be negotiated between the Foundation and LaFayette's great-great granddaughter. Come to think of it, I'm surprised that there's a surviving family member who's just four generations removed from LaFayette. >>
Especially when one considers that the transaction could very well involve the exchange of Euros to Dollars(Fondation de Chambrun to Sotheby's) and back to Euros(Sotheby's to the consignor). Ouch!!
"Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
http://www.americanlegacycoins.com
This deal will not be done through airport currency kiosks. The round trip currency conversion costs should be substantially below one percent.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
<< <i>
<< <i>
<< <i>
<< <i>I don't consider it a numismatic item. >>
same here >>
same here >>
Word. >>
'Sup?
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<< <i> Especially when one considers that the transaction could very well involve the exchange of Euros to Dollars(Fondation de Chambrun to Sotheby's) and back to Euros(Sotheby's to the consignor). Ouch!!
This deal will not be done through airport currency kiosks. The round trip currency conversion costs should be substantially below one percent. >>
Andy, I'm well aware of the logistics of the currency exchange, but what about the time frame for final settlement, and the steady decline of the U.S. Dollar?? Are you stating equivocally that the exchange rates are locked in to the date of the sale?
"Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
http://www.americanlegacycoins.com
You should know by now that I never state anything equivocally.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.