FSH: 1836 First Steam Coinage Julian MT-21 US Mint Medal NGC 65 (ON HOLD)

First Steam Coinage March 23, 1836
US Mint Medal
Julian MT-21
NGC MS-65 BN
I think the grade is accurate, but you have to keep in mind that NGC's "BN" designation is more like "anything that isn't RD". This one has a lot of purple when you catch the light right.
$925 (ON HOLD), including insured shipping. I'd be happy to consider a trade or partial trade if you want to propose something.




In the interest of full disclosure (and how often do you see that from a seller?)...
I just bought this in a recent Heritage sale for under $400. I wasn't dying to have this piece -- I already have another, as it happens -- but I threw in a cheapo bid that ended up winning. Go figure. I'm happy to keep it. On the other hand, this is an unusual case where I might be able to make a killer profit and still give someone else a great deal. So I'll give that a shot and see if anyone is interested.
For reference, here are the last bunch of sales of this piece at Heritage:
Auction 1108, Lot 2841 June 2, 2008 MS-65 NGC $375.75
Auction 462, Lot 81088 February 21, 2008 PR-65 NGC $1,265.00
Auction 454, Lot 5816 January 12, 2008 MS-63 NGC $1,035.00
Auction 427, Lot 81076 September 29, 2007 AU-50 RAW $402.50
Auction 430, Lot 35 February 17, 2007 MS-65 NGC $1,265.00
Auction 430, Lot 33 February 17, 2007 AU-53 NGC $373.75
The June 2, 2008 sale is this very item. You can see that it sold for WAY less than other items have brought over the past couple of years. My asking price is less than 3/4 of what the last two MS-65s sold for, and even $100 less than what the last MS-63 sold for.
It's a little bit interesting to compare my picture with the Hereitage pics. In my opinion, none of the pics are really perfect. Mine are a little too red. Heritage's are a lot too brown. Both sets of pics are accurate (as much as you can say about most any pics), but the best pics would probably be something between the two. I will of course accept returns (minus postage) if you don't like what you seen when you have the medal in hand.
US Mint Medal
Julian MT-21
NGC MS-65 BN
I think the grade is accurate, but you have to keep in mind that NGC's "BN" designation is more like "anything that isn't RD". This one has a lot of purple when you catch the light right.
$925 (ON HOLD), including insured shipping. I'd be happy to consider a trade or partial trade if you want to propose something.




In the interest of full disclosure (and how often do you see that from a seller?)...
I just bought this in a recent Heritage sale for under $400. I wasn't dying to have this piece -- I already have another, as it happens -- but I threw in a cheapo bid that ended up winning. Go figure. I'm happy to keep it. On the other hand, this is an unusual case where I might be able to make a killer profit and still give someone else a great deal. So I'll give that a shot and see if anyone is interested.
For reference, here are the last bunch of sales of this piece at Heritage:
Auction 1108, Lot 2841 June 2, 2008 MS-65 NGC $375.75
Auction 462, Lot 81088 February 21, 2008 PR-65 NGC $1,265.00
Auction 454, Lot 5816 January 12, 2008 MS-63 NGC $1,035.00
Auction 427, Lot 81076 September 29, 2007 AU-50 RAW $402.50
Auction 430, Lot 35 February 17, 2007 MS-65 NGC $1,265.00
Auction 430, Lot 33 February 17, 2007 AU-53 NGC $373.75
The June 2, 2008 sale is this very item. You can see that it sold for WAY less than other items have brought over the past couple of years. My asking price is less than 3/4 of what the last two MS-65s sold for, and even $100 less than what the last MS-63 sold for.
It's a little bit interesting to compare my picture with the Hereitage pics. In my opinion, none of the pics are really perfect. Mine are a little too red. Heritage's are a lot too brown. Both sets of pics are accurate (as much as you can say about most any pics), but the best pics would probably be something between the two. I will of course accept returns (minus postage) if you don't like what you seen when you have the medal in hand.
0
Comments
PCGS Registries
Box of 20
SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
mike92694, the short answer is "I don't know". Literally, of course, they're not the same metal. For practical purposes, though, I usually assume that nobody has done a real metallurgical analysis, and that both "copper" and "bronze" mean "this looks brownish to me" when used to describe medals. :-)
I have another example of this medal that is in an NGC slab labeled as bronze. That one is a nice smooth chocolate brown color, very different from the hints of reds/purples on this piece. It's possible that the two of them have simply aged differently, and that this one will finish becoming fully brown in the next 50-100 years. Or it could be that the other one started off as a bronzed brown and stayed that way, while this one started off as a full coppery red that has mellowed since then.
So... we're back to "I don't know." Sorry!
"Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
http://www.americanlegacycoins.com
<< <i>I have a question. Is copper the same as bronze? >>
NO. I presume you're asking because you have a bronze example? Most of those are modern reproductions, made by the U.S. Mint also.
"Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
http://www.americanlegacycoins.com
<< <i>
<< <i>I have a question. Is copper the same as bronze? >>
NO. I presume you're asking because you have a bronze example? Most of those are modern reproductions, made by the U.S. Mint also. >>
No,
I do not have a bronze or a copper example. I just want to make sure that no one gets the short end of the stick because of a difference in material.