Show me a coin RARER than this...???
dizzyfoxx
Posts: 9,823 ✭✭✭
I was just spending the 4th browsing through the Heritage archives (man I love that feature on their website). Anyhow, I came across this ultimate rarity and had to just sit back, and spend a few moments being in awe of it.
...There's always time for coin collecting.
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In our 23 years in the auction business we cannot think of another, more prestigious coin that has passed through our hands. Added to the obvious importance of the coin's unique stature is the allure of the Carson City mintmark, with coins from this mint being among the most romantic, storied, and highly collected in all of U.S. numismatics.
Tough challenge. Few will likely be able to top this one.
HE>I
<< <i>It had a Estimate of $1000 in the 1950 Adolphe Menjou sale... I really need a time machine! >>
$1000 in 1950, many years before I was born so I'll have tell my Dad... Woulda, Coulda, Shoulda.
Then again, if 'ifs' and 'buts' were 'candys' and 'nuts' we'd all have a Merry Xmas!
Note also, if the coin were picked from the annual assay commission material, there would be a record only if it were purchased by the Mint Collection curator from his collection fund. If a commission member bought it as a souvenir or oddity there would be no official record. Unused coins from the Annual Assay were placed in circulation. [The commission minutes are in NARA-CP, RG 104, Entry 281. Assay Commission official minute books, Vol. 1 1872 (Feb 1873) to 1892 (Feb 1893).]
This coin was known in the 19th century, having been described as such and offered in the May 6, 1878 John Swan Randall sale, by Edward Cogan, Lot 902. It brought 17 cents.
If I recall correctly, it was also mentioned in Heaton's 1893 work on mintmarks.
My unsolicited advice - don't blindly accept all that you read without first doing your own research.
<< <i>It brought 17 cents. >>
Was that including the buyer's fee?
What was the reserve?
Was that a cut bid?
What was the pre-sale estimate?
Did a dealer buy it and flip it right away for 19 cents?
Did the auction house offer extended payment terms?
Rim-shot!
<< <i>
<< <i>It brought 17 cents. >>
Was that including the buyer's fee?
What was the reserve?
Was that a cut bid?
What was the pre-sale estimate?
Did a dealer buy it and flip it right away for 19 cents?
Did the auction house offer extended payment terms?
Rim-shot! >>
It probably kept the price down more than warranted.
What was the reserve?
Was that a cut bid?
What was the pre-sale estimate?
Did a dealer buy it and flip it right away for 19 cents?
Did the auction house offer extended payment terms?
Even money says RWB answers all of the above without breaking a sweat.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
"Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
http://www.americanlegacycoins.com
<< <i>This particular coin did not originate in the US Mint collection from the trade of the 1877 Half Union pieces, nor was it held out for an Assay commission. This coin was known in the 19th century, having been described as such and offered in the May 6, 1878 John Swan Randall sale, by Edward Cogan, Lot 902. It brought 17 cents. If I recall correctly, it was also mentioned in Heaton's 1893 work on mintmarks. My unsolicited advice - don't blindly accept all that you read without first doing your own research. >>
but...but... your research is believing something that someone else wrote! unless youre really old!
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The rarest coins I have are the 3 Arkansas Half Dollar Commemoratives minted in 1937, mintage 5,505 each. You'd think with that low of a mintage they'd be worth hundreds if not a thousand each but, nope.
You really need to do both...
Just so you can see what wrong things have been printed in the past...
Go to Early United States Coins - to order the New "Early United States Half Dollar Vol. 1 / 1794-1807" book or the 1st new Bust Quarter book!
Go to Early United States Coins - to order the New "Early United States Half Dollar Vol. 1 / 1794-1807" book or the 1st new Bust Quarter book!
it is artifically rare due to the mintage...
one cannot compare that to a coin that had a mintage of 9,000
and only a handful known... that is what i call rare.
thoughts?
<< <i>i just had a thought.. if they only made one how can it be rare...
it is artifically rare due to the mintage...
one cannot compare that to a coin that had a mintage of 9,000
and only a handful known... that is what i call rare.
thoughts? >>
This coin had 12,400 minted but only one known survived remelting.
<< <i>
<< <i>i just had a thought.. if they only made one how can it be rare...
it is artifically rare due to the mintage...
one cannot compare that to a coin that had a mintage of 9,000
and only a handful known... that is what i call rare.
thoughts? >>
This coin had 12,400 minted but only one known survived remelting. >>
ah. i need to read the blurb more closely next time! thanks for sharing.
Great spirits have always encountered violent opposition from mediocre minds.-Albert Einstein
As far as Art Kagin's 1891-0 dime, just be glad you didn't fork over the $25K. Back then $25K bought some serious, serious coinage worth 30-50X that amount today. I doubt the 91-0 dime is worth $100K today or anything close to that.
roadrunner
Well, that would be easy. The 1870-S half dime is considerably rarer than the 1873-CC No Arrows dime, because there is only one of those, and as anyone knows, there are two 1873-CC No Arrows dimes. There is the PCGS MS-64 specimen in the Heritage Archives, and then there is a VF-20 specimen in a major TPG holder in the Gerry Fortin Liberty Seated Dime collection. To be sure, there are arrows at either side of the date, just as big as you please, but the insert clearly states "1873-CC NO Arrows", so who is to question it. For those who "buy the holder and not the coin", you can belong to a pretty exclusive club - just you and Eliasberg.