Finest Known Ultra-High Relief Changed Hands Again But How much?
gummibear
Posts: 786 ✭✭✭
This happened in August. Does anyone know how much it went for yet? On the Heritage site it says
While the actual price was not disclosed, both parties confirm that the new price substantially exceeds the previous auction price.
"Despite hearing about new rare coin records being set all the time, I think it's easy to make a case that this may be the single most underrated rarity in U.S. coins," said Bob Higgins, CAMI President. "It sounds crazy on the surface, but if a 1933 Saint is worth $7 million and we know that there are at least 10 more pieces in existence, this true original work of art should arguably be worth at least as much, if not more," he added. "Our company history has allowed us to handle multiples of some of the most famous rare coins, so when an opportunity like this comes up you have to pull out all the stops to seize the opportunity."
Do you think that means it sold for more than $7 Million?
And, why do they like to keep this type of sale secret so long?
While the actual price was not disclosed, both parties confirm that the new price substantially exceeds the previous auction price.
"Despite hearing about new rare coin records being set all the time, I think it's easy to make a case that this may be the single most underrated rarity in U.S. coins," said Bob Higgins, CAMI President. "It sounds crazy on the surface, but if a 1933 Saint is worth $7 million and we know that there are at least 10 more pieces in existence, this true original work of art should arguably be worth at least as much, if not more," he added. "Our company history has allowed us to handle multiples of some of the most famous rare coins, so when an opportunity like this comes up you have to pull out all the stops to seize the opportunity."
Do you think that means it sold for more than $7 Million?
And, why do they like to keep this type of sale secret so long?
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Comments
<< <i>Do you think that means it sold for more than $7 Million?
And, why do they like to keep this type of sale secret so long? >>
Higgins doesn't want the actual price paid to be public knowledge because it may limit what he can sell it for later.
--Thomas Jefferson
<< <i>I'm 95% sure it didn't go for more than $7 million, but I'm sure it went for something in the $4-5.5 million area. >>
Who is dat poster man?
Coin's for sale/trade.
Tom Pilitowski
US Rare Coin Investments
800-624-1870
<< <i>
<< <i>Do you think that means it sold for more than $7 Million?
And, why do they like to keep this type of sale secret so long? >>
Higgins doesn't want the actual price paid to be public knowledge because it may limit what he can sell it for later. >>
Are you saying that if he only paid $5 mill he won't be able to sell it for $10 mill, but, if he paid $8 mill it would be easy to sell for $10. It seems to me that the next buyer would assume the lower and not want to make the bigger jump.
Or maybe he just doesn't want to let his wife know what he spent on a coin. I can understand that one.
my car art & My Ebay stuff
The first mistake is thinking the 1933 is still worth $7M. IMO, it's not - more like $4M.