Always took candy from strangers 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)
Good to see you, RYK. It's not everyday a unique coin changes hands. Surprising that a collection like that would trade intact. I would think most people interested in a collection of that caliber would enjoy putting it together vs. buying it with a single check.
New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.
No one is happier that RYK is back than Longacre, but is anyone else disturbed that our favorite interventional radiologist tweets?
Always took candy from strangers 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)
Ah, yes.......I remember this coin well. We graded this piece at ANACS as an AU-55 because I think that I had not yet invented the grade of AU-58. Bowers later catalogued it for auction as an AU-55.
Question: Is it receiving six rarity points, or nine?
TD
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
Ah, yes.......I remember this coin well. We graded this piece at ANACS as an AU-55 because I think that I had not yet invented the grade of AU-58. Bowers later catalogued it for auction as an AU-55.
Question: Is it receiving six rarity points, or nine?
TD >>
Well, if you called it a 55 because there was no 58 to call it, could it have only received one rarity point? (55 masked as 58 to 64). I do view, if I were to use numerical grades, that 58 is, with regards to circulation, the grade below 63+.
I think it would be cool to see the collection raw, loosely piled (not so) high on a table. Then, it would be fun to sort sort them out and put the coins in a single Whitman bookshelf album. Too bad there's no opening for the 70-S.
Andy Lustig
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
Congrats to the old and new owner - it's the stuff of Legend(s).
"My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko.
<< <i>I think it would be cool to see the collection raw, loosely piled (not so) high on a table. Then, it would be fun to sort sort them out and put the coins in a single Whitman bookshelf album. Too bad there's no opening for the 70-S. >>
You must have one of the OLD albums!!!!!!!
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
Ah, yes.......I remember this coin well. We graded this piece at ANACS as an AU-55 because I think that I had not yet invented the grade of AU-58. Bowers later catalogued it for auction as an AU-55.
Question: Is it receiving six rarity points, or nine?
TD >>
Well, if you called it a 55 because there was no 58 to call it, could it have only received one rarity point? (55 masked as 58 to 64). I do view, if I were to use numerical grades, that 58 is, with regards to circulation, the grade below 63+.
(Of course, hasn't it also been slabbed as a 63?) >>
Possibly. I remember being at an ANA convention when Al Blythe asked me to come over to look at it with him at Jay Perrino's table and laughing at the grade on the holder, but I honestly cannot remember if it was a 3 or 4 at the time.
TD
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
The 1870-S half dime was originally valued the same as an 1804 dollar. In this sale, the coin was valued at $1.4M, while an impaired 1804 dollar just recently sold for $2.3M.
<< <i>The 1870-S half dime was originally valued the same as an 1804 dollar. In this sale, the coin was valued at $1.4M, while an impaired 1804 dollar just recently sold for $2.3M. >>
So I guess they use 1804 dollar grading rules, huh?
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
<< <i>The 1870-S half dime was originally valued the same as an 1804 dollar. In this sale, the coin was valued at $1.4M, while an impaired 1804 dollar just recently sold for $2.3M. >>
So I guess they use 1804 dollar grading rules, huh? >>
Or Laura drove a really hard bargain. If I owned the coin, $2.3M would have been the starting point for negotiation.
<< <i>The 1870-S half dime was originally valued the same as an 1804 dollar. In this sale, the coin was valued at $1.4M, while an impaired 1804 dollar just recently sold for $2.3M. >>
So I guess they use 1804 dollar grading rules, huh? >>
Or Laura drove a really hard bargain. If I owned the coin, $2.3M would have been the starting point for negotiation. >>
I was surprised at "only" $1.4 million. I would assume that any coin that unique would go for a multi-million amount.
<< <i>The 1870-S half dime was originally valued the same as an 1804 dollar. In this sale, the coin was valued at $1.4M, while an impaired 1804 dollar just recently sold for $2.3M. >>
So I guess they use 1804 dollar grading rules, huh? >>
Or Laura drove a really hard bargain. If I owned the coin, $2.3M would have been the starting point for negotiation. >>
I was surprised at "only" $1.4 million. I would assume that any coin that unique would go for a multi-million amount. >>
As another comparison point, the Eliasberg 1870-s seated dollar (AU, third finest known) sold for about the same amount ($1.3M) about a year ago! Seems cheap for the 1870-s.
As for the grade debate, does it really matter? It's the finest known, it's the worst known. What does it matter? lol
Want to buy an auction catalog for the William Hesslein Sale (December 2, 1926). Thanks to all those who have helped us obtain the others!!!
In the current times, $1.4 MILL seems like plenty of money for a circulated half dime, even if the only one known. It's price has only more recently "flourished" because of the ability to include it into a "complete" registry set. There's really no comparison in overall demand to say an 1804 or 1870-s silver dollar vs. the 1870-s half dime. The 1870-s half dime is needed only for a complete set by the ultimate well-heeled collectors. It doesn't bring the same fame of ownership as owning one of 5-15 specimens of other well known rarities. Even the tiny 1792 half dimes from "Martha Washington" silver have a more compelling story. The half dime was late to the game only having been publically known for the past 30 or so years. Rarities like 1885 Trade Dollars and 1804 dollars have been with us for far longer. There might only be 1, 2, or 3 such half dime collectors in the world. If one or two decide to leave, that's a huge impact on the demand, even for a unique coin. And size does matter, esp. in a series not all that well collected at the finest known levels. I'd take an 1870-s dollar over the 1870-s half dime. And if the 1870-s quarter ever shows up, I think that would be monumental as well. But like the half dime, it would be late to the game to get the same respect and recognition as other rarities.
As stated in the PCGS press release, I found it odd that just "many" of the coins from this collection are of CAC quality. One typically sees words like all, most, majority, etc. when describing an ultimate finest known collection.
<< <i> As stated in the PCGS press release, I found it odd that just "many" of the coins from this collection are of CAC quality. One typically sees words like all, most, majority, etc. when describing an ultimate finest known collection.
<< <i>Why is that PCGS can say the uh word that equates to the stickems and we can't? >>
Tis the Golden Rule......them as has the gold, make the rules!!!!!!
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
If anyone is interested in a fun story regading this 1870-S Half Dime, come by my table at the ANA next month.
I don't feel like typing out the whole story, and it loses something without the spoken word, but I have a funny story about the 1870-S Half Dime when I happened to be in Rarcoa's office just after the discovery of it; I had some fun w/ Ed Milas - will share it at the ANA.
Retired Collector & Dealer in Major Mint Error Coins & Currency since the 1960's.Co-Author of Whitman's "100 Greatest U.S. Mint Error Coins", and the Error Coin Encyclopedia, Vols., III & IV. Retired Authenticator for Major Mint Errors for PCGS. A 49+-Year PNG Member...A full numismatist since 1972, retired in 2022
RYK
Posts: 35,788 ✭✭✭✭✭
Comments
Glad to see your posts again.
Welcome back.
<< <i>Where have you been RYK? I thought you left us for good.
Glad to see your posts again.
Welcome back. >>
That was my first thought too.
merse
One question though, why have this coin included in the registry with only one known? That doesnt seem fair.
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)
New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.
BST Transactions: DonnyJf, MrOrganic, Justanothercoinaddict, Fivecents, Slq, Jdimmick,
Robb, Tee135, Ibzman350, Mercfan, Outhaul, Erickso1, Cugamongacoins, Indiananationals, Wayne Herndon
Negative BST Transactions:
Liberty: Parent of Science & Industry
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)
Im not partial either way as to his tweeting, just as long he doesnt ask me to twit his tweeter...
I also have a problem relating to Twitter and i'm "in that industry" so to speak. I'm getting old.
My spouse gold coin came today. It was still in it's capsule. A minor miracle.
I'm glad it is friday.
It's hot.
Where is my beer?
<< <i>It must be still be the old days for some of us; Not a tweeter yet, so read about it here first. >>
OMG, a Baley post! Now that's worth tweeting about.
<< <i>In the old days, I would read about it here first.
Today, I read about it first on Twitter.
Link >>
Ah, yes.......I remember this coin well. We graded this piece at ANACS as an AU-55 because I think that I had not yet invented the grade of AU-58. Bowers later catalogued it for auction as an AU-55.
Question: Is it receiving six rarity points, or nine?
TD
TD
<< <i>the Law collection of capped bust half dimes (basic set, circulation strikes) held all top pops. Wonder who the new owner is? >>
I just wonder BD?
<< <i>
<< <i>In the old days, I would read about it here first.
Today, I read about it first on Twitter.
Link >>
Ah, yes.......I remember this coin well. We graded this piece at ANACS as an AU-55 because I think that I had not yet invented the grade of AU-58. Bowers later catalogued it for auction as an AU-55.
Question: Is it receiving six rarity points, or nine?
TD >>
Well, if you called it a 55 because there was no 58 to call it, could it have only received one rarity point? (55 masked as 58 to 64). I do view, if I were to use numerical grades, that 58 is, with regards to circulation, the grade below 63+.
(Of course, hasn't it also been slabbed as a 63?)
Ed. S.
(EJS)
"Keep your malarkey filter in good operating order" -Walter Breen
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
<< <i>I think it would be cool to see the collection raw, loosely piled (not so) high on a table. Then, it would be fun to sort sort them out and put the coins in a single Whitman bookshelf album. Too bad there's no opening for the 70-S. >>
You must have one of the OLD albums!!!!!!!
<< <i>
<< <i>
<< <i>In the old days, I would read about it here first.
Today, I read about it first on Twitter.
Link >>
Ah, yes.......I remember this coin well. We graded this piece at ANACS as an AU-55 because I think that I had not yet invented the grade of AU-58. Bowers later catalogued it for auction as an AU-55.
Question: Is it receiving six rarity points, or nine?
TD >>
Well, if you called it a 55 because there was no 58 to call it, could it have only received one rarity point? (55 masked as 58 to 64). I do view, if I were to use numerical grades, that 58 is, with regards to circulation, the grade below 63+.
(Of course, hasn't it also been slabbed as a 63?) >>
Possibly. I remember being at an ANA convention when Al Blythe asked me to come over to look at it with him at Jay Perrino's table and laughing at the grade on the holder, but I honestly cannot remember if it was a 3 or 4 at the time.
TD
<< <i>The 1870-S half dime was originally valued the same as an 1804 dollar. In this sale, the coin was valued at $1.4M, while an impaired 1804 dollar just recently sold for $2.3M. >>
So I guess they use 1804 dollar grading rules, huh?
<< <i>
<< <i>The 1870-S half dime was originally valued the same as an 1804 dollar. In this sale, the coin was valued at $1.4M, while an impaired 1804 dollar just recently sold for $2.3M. >>
So I guess they use 1804 dollar grading rules, huh? >>
Or Laura drove a really hard bargain. If I owned the coin, $2.3M would have been the starting point for negotiation.
siliconvalleycoins.com
<< <i>RYK....who is he again? >>
Longacre's imaginary boyfriend
siliconvalleycoins.com
Click here for news release on PCGS web site announcing sale of 1870-S half dime.
-donn-
<< <i>
<< <i>
<< <i>The 1870-S half dime was originally valued the same as an 1804 dollar. In this sale, the coin was valued at $1.4M, while an impaired 1804 dollar just recently sold for $2.3M. >>
So I guess they use 1804 dollar grading rules, huh? >>
Or Laura drove a really hard bargain. If I owned the coin, $2.3M would have been the starting point for negotiation. >>
I was surprised at "only" $1.4 million. I would assume that any coin that unique would go for a multi-million amount.
<< <i>
<< <i>
<< <i>
<< <i>The 1870-S half dime was originally valued the same as an 1804 dollar. In this sale, the coin was valued at $1.4M, while an impaired 1804 dollar just recently sold for $2.3M. >>
So I guess they use 1804 dollar grading rules, huh? >>
Or Laura drove a really hard bargain. If I owned the coin, $2.3M would have been the starting point for negotiation. >>
I was surprised at "only" $1.4 million. I would assume that any coin that unique would go for a multi-million amount. >>
As another comparison point, the Eliasberg 1870-s seated dollar (AU, third finest known) sold for about the same amount ($1.3M) about a year ago! Seems cheap for the 1870-s.
As for the grade debate, does it really matter? It's the finest known, it's the worst known. What does it matter? lol
As stated in the PCGS press release, I found it odd that just "many" of the coins from this collection are of CAC quality. One typically sees words like all, most, majority, etc. when describing an ultimate finest known collection.
roadrunner
Didn't this coin sell for about $800K in the Jim Grey sale? So $1.4M is not a bad return at all.
<< <i>
<< <i>It must be still be the old days for some of us; Not a tweeter yet, so read about it here first. >>
OMG, a Baley post! Now that's worth tweeting about.
Don't tweet but agree with the rest of your statement!
<< <i>
As stated in the PCGS press release, I found it odd that just "many" of the coins from this collection are of CAC quality. One typically sees words like all, most, majority, etc. when describing an ultimate finest known collection.
roadrunner >>
I do know that all except 3 coins stickered
<< <i>Why is that PCGS can say the uh word that equates to the stickems and we can't?
Tis the Golden Rule......them as has the gold, make the rules!!!!!!
Unique 1873-CC ‘No Arrows’ Dime
Unique 1870-S Half Dime
Coins that have been auctioned for more than $2 million
Cool coin though it might be cooler to have 6 in existence, one for each die pair!
Market grading - Why grade it at all. Grade it "I have it and you don't"
this 1870-S Half Dime, come by my table at the
ANA next month.
I don't feel like typing out the whole story,
and it loses something without the spoken
word, but I have a funny story about the
1870-S Half Dime when I happened to be
in Rarcoa's office just after the discovery of it;
I had some fun w/ Ed Milas - will share it at
the ANA.
for PCGS. A 49+-Year PNG Member...A full numismatist since 1972, retired in 2022