Home U.S. Coin Forum

Saint-Gaudens $20 & $10 Matte Proof Gold

2

Comments

  • bidaskbidask Posts: 14,057 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>Good grief! Doesn't anyone use a RedBook anymore? >>

    What does the redbook say concerning these coins? >>



    Buy one

    image >>

    What is your thoughts on this roman proof coin?

    image
    image
    I manage money. I earn money. I save money .
    I give away money. I collect money.
    I don’t love money . I do love the Lord God.




  • Hi All

    Bidask, that 1910 $10 PCGS PR65 CAC is a killer coin!

    I am fascinated by the subject matter and all your feedback. Can someone recommend a good book(s)?
  • MrEurekaMrEureka Posts: 24,668 ✭✭✭✭✭
    The number of fully original sandblast proof gold coins is too small to be useful - and many are in plastic slabs. (NB: A lot of the SI coins have been cleaned, but I did not take detailed notes on those.)

    First, those of us who were around before the TPGs and paid attention to matte proof gold remember far more fully original coins than are available for viewing today, so it's not that hard for us to know what the coins should look like. The next generation is going to have a harder time of it.

    Second, I know only one collector that has made a mission of collecting completely original matte proof gold, and the two of us made a pilgrimage to the SI to view their pieces. (The purpose was to re-anchor our perception of what original pieces should look like. It's easy to lose track when 90% of what you see in the market isn't right.) I bring this up because it's important to note that most if not all of the SI matte proof gold has NOT been cleaned. Yes, you may see a hairline here or there, and yes, some coins have a bit of cabinet friction. But none has been dipped, and all have the right color. At least as far as I remember them.
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • MrEurekaMrEureka Posts: 24,668 ✭✭✭✭✭
    "No theory will stand up to a chicken's guts
    being cleaned out, a hand rammed up
    to pull out the wriggling entrails,
    the green bile and the bloody liver;
    no theory that does not grow sick
    at the odor escaping."


    ColonelJessup - Meet me at KFC for dinner tomorrow night?
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • MrEurekaMrEureka Posts: 24,668 ✭✭✭✭✭
    Someone with access to a large collection of auction catalogs might be able to tell if some of the originals were lacquered or otherwise coated at some time – some old time collectors did this almost habitually.

    I think we can rule out the lacquer factor. I'm pretty sure I've never seen a lacquered matte proof US gold coin.
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • MrEurekaMrEureka Posts: 24,668 ✭✭✭✭✭
    BidAsk - Is the $10 yours? It looks great in the photo!
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • bidaskbidask Posts: 14,057 ✭✭✭✭✭


    << <i>BidAsk - Is the $10 yours? It looks great in the photo! >>

    It is!
    I manage money. I earn money. I save money .
    I give away money. I collect money.
    I don’t love money . I do love the Lord God.




  • RWBRWB Posts: 8,082
    Andy,
    Did you get to see the duplicates, too? I remember lots of greenish pieces, but I don't have my notes with me to check and I could be mixing them with others in memory.
  • GoldbullyGoldbully Posts: 18,489 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>

    << <i>Good grief! Doesn't anyone use a RedBook anymore? >>

    What does the redbook say concerning these coins? >>



    Buy one

    image >>

    What is your thoughts on this roman proof coin?

    image
    image >>



    imageimageimageimageimage

    Very very special!!!! image
  • MrEurekaMrEureka Posts: 24,668 ✭✭✭✭✭
    Did you get to see the duplicates, too? I remember lots of greenish pieces, but I don't have my notes with me to check and I could be mixing them with others in memory.

    I don't remember if we saw duplicates. If we did, I don't think there were many. As for the colors, no need to check your notes. I know the colors pretty well.
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • Bidask,

    do you have a Matte Proof one for comparison?

    eaglesea
  • bidaskbidask Posts: 14,057 ✭✭✭✭✭


    << <i>Bidask,

    do you have a Matte Proof one for comparison?

    eaglesea >>

    I do not.......but for more information on gold I would contact....... Doug Winter at RareGoldCoins.com or Ron Guth at PCGS or John Albanese at CAC.
    I manage money. I earn money. I save money .
    I give away money. I collect money.
    I don’t love money . I do love the Lord God.




  • coinguy1coinguy1 Posts: 13,484 ✭✭✭
    Here is a 1911 Proof $5 that I previously owned as partners with another dealer. Other than the 1909 and 1910 issues, I think I like 1911 the best.

    1911 Half Eagle PCGS PR67
  • ColonelJessupColonelJessup Posts: 6,442 ✭✭✭✭✭
    While I suck on interpreting photos (and isn't that a slow pitch straight over the middle of the plate?), it's pretty difficult not to like it.

    The surfaces on the satin finish (Roman is another Breenism, I believe) coins are much more fragile, and thus more easily impaired, than those from the sand-blast years. Checking the mintages in the RedBook (I know the '10's are way out of whack considering survival rates; many must have been destroyed before released) and comparing pop report data might easily show how the higher-end coins from the satin years appear as a much smaller proportion of the submissions than do those of the sand-blast years. I haven't checked this out. As has been previously noted, a huge percentage othe gold proof issues are somewhere between messed up and FUBAR. And Ive seen them graded by both services. We used to joke about the product of a very knowledgeable and talented dealer and notorious coin doctor : "Ooh, that must be the new Spring line".

    Ah, but the coin.....

    Nice rich original color, but it's hard to tell from the photo what the variations in coloration might have been caused by. Almost looks like a PVC distortion, but my guess it's an artifact of the photography as well as the below. Has me a bit confused (fat one over the plate)

    A poorly thought-out partial conjecture (a specialty of mine which over the years has proved to be much more than "close enough for government work":

    Some of the specimens from '09 and '10 have completely virgin surfaces which show differences in texture that refract light differently at different locations on the coin. I've seen this most often on the reverses of the $5's, less on the $10's, but this effect seems always to occur where wide open spaces appear in the fields. Sometimes superficially suggests whizzing. Perhaps over-polishing of the dies?

    I'm not at all convinced this is the case on this particular coin. Rotating the coin makes all the difference for me.

    Sorry about the lack of "solid information". As with most things in this life, we should expect to make our judgments based on much less than complete information.

    A rationalization for my ignorance? Another one straight over the plate.image
    "People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf." - Geo. Orwell
  • ColonelJessupColonelJessup Posts: 6,442 ✭✭✭✭✭


    << <i>Bidask,

    do you have a Matte Proof one for comparison?

    eaglesea >>



    Probably the best immediately available archive offering a full range of images by date would be on the Heritage website.
    "People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf." - Geo. Orwell
  • BigEBigE Posts: 6,949 ✭✭✭
    Wow Mark, the Indian on that 5.00 piece looks lifelike!!!! Thanks for posting it-----------------BigE
    I'm glad I am a Tree
  • ColonelJessupColonelJessup Posts: 6,442 ✭✭✭✭✭


    << <i>"No theory will stand up to a chicken's guts
    being cleaned out, a hand rammed up
    to pull out the wriggling entrails,
    the green bile and the bloody liver;
    no theory that does not grow sick
    at the odor escaping."


    ColonelJessup - Meet me at KFC for dinner tomorrow night? >>



    How about Wasabi? You buy me chicken yakitori and I'll buy you veggie dumplings. And you know my secret plan (actually I have two!).
    "People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf." - Geo. Orwell
  • ColonelJessupColonelJessup Posts: 6,442 ✭✭✭✭✭


    << <i>Here is a 1911 Proof $5 that I previously owned as partners with another dealer. Other than the 1909 and 1910 issues, I think I like 1911 the best.

    1911 Half Eagle PCGS PR67 >>



    And with good reason. The larger facets reflect light in a way that sparkles unlike any other date. I think I remember you buying a QE of this date in a late '80's apostrophe auction and doing quite well. Upgraded to 67 as I recall. Boy, was I jealous!
    "People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf." - Geo. Orwell


  • << <i>Here is a 1911 Proof $5 that I previously owned as partners with another dealer. Other than the 1909 and 1910 issues, I think I like 1911 the best.

    1911 Half Eagle PCGS PR67 >>



    Hi Mark!

    Just checked - Wow! that 1911 $5 PR67 went for 80,500? Ouch! Is that fully priced?

    eaglesea


  • << <i>

    << <i>

    << <i>

    << <i>Good grief! Doesn't anyone use a RedBook anymore? >>

    What does the redbook say concerning these coins? >>



    Buy one

    image >>

    What is your thoughts on this roman proof coin?

    image
    image >>



    Wow! PCGS Price Guide for 1909 $10 PCGS PR65 = 80,000........... you definitely are sitting on one hell of a collection!
  • PerryHallPerryHall Posts: 47,486 ✭✭✭✭✭
    Anyone know where the term "Roman finish" came from?

    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

  • MrEurekaMrEureka Posts: 24,668 ✭✭✭✭✭
    I don't remember if we saw duplicates. If we did, I don't think there were many.


    I have been advised that we did, in fact, see many duplicates. And while I have cause to regret the memory loss, I can at least take comfort in knowing that the responsible wines were most likely enjoyable enough to justify the cost.
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • ColonelJessupColonelJessup Posts: 6,442 ✭✭✭✭✭


    << <i>[Wow! PCGS Price Guide for 1909 $10 PCGS PR65 = 80,000........... you definitely are sitting on one hell of a collection! >>



    $80K... giggle.. please check your CDN monthly, please check auction records. Great coin, but nothing like that much. But then the Stacks 1913 Saint brought moon money, so what do I know?
    "People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf." - Geo. Orwell


  • << <i>

    << <i>[Wow! PCGS Price Guide for 1909 $10 PCGS PR65 = 80,000........... you definitely are sitting on one hell of a collection! >>



    $80K... giggle.. please check your CDN monthly, please check auction records. Great coin, but nothing like that much. But then the Stacks 1913 Saint brought moon money, so what do I know? >>



    Col J, how does one access CDN - subscription? I don't suppose these coins come up for auction too regularly?
  • ColonelJessupColonelJessup Posts: 6,442 ✭✭✭✭✭
    You can subscribe on a weekly or monthly basis @ www.greysheet.com. You have a choice of an online or print subscription. I would recommend a print subscription on a monthly basis for someone in your stage of numismatic education. The info is less expensive and, for what I anticipate you might need more than timely enough. This is roughly what you will get. Each month you would get:

    The weekly information is for the most commonly traded coins: generic gold, classic commems, Morgan/Peace $1, generic type coins both business strikes and proofs, high grade Mercs and Walkers. Also some rolls and moderns.

    The monthly has an article about some collecting area, prices for generic early gold, all 1907 & later mint state and proof gold by date, most post 1850's series by date except seated, etc.

    Quarterly has earlier material by date.

    Laborious to type, so check out the website.

    Some of this info virtually never changes. They have a price for No Motto $10's in 65. One shows up every decade or so.

    Generic gold and S$1 issues are more volatile, so this is more useful data.

    As you will glean from others' comments, this is no bible, but it's as useful as you can get.

    Also the Heritage website (free access) has a record of every coin they've sold oin their auctions over the past decade and more. And a cumbersome search engine that eventually gets the job done. In many ways this is more useful than the CDN.

    There's still a lot of extrapolation for less active issues based on this data. To me, CU prices are about as useful as Coin Prices Magazine from Coin World (is that what its named?). I could care less about putative retail prices.

    The 1910 $10 PR65 CDN bid is 55K. Maybe a few show up each year. Hard to price, but I have a hard time thinking my fellow dealers would pay $80K WITHOUT A FIRM COMMITTED ORDER. I would advise against this price being paid unless my customer was a committed specialist in this series. I'm not purporting to be an investment adviser or retail whore. I trade the issues, not the market. My perspective is different. I just bought and sold a rare date Lib $20 in 58 for close to "60" bid. I will have turned my money over 30 times before this coin reappears. I will make a profit on maybe 85% of those trade.

    My pricing database is in my head, but I still need a reminder from others' data quite often.


    Chew on the data, it's better than examining the entrails of a newly slaughtered sheep.
    "People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf." - Geo. Orwell


  • << <i>You can subscribe on a weekly or monthly basis @ www.greysheet.com. You have a choice of an online or print subscription. I would recommend a print subscription on a monthly basis for someone in your stage of numismatic education. The info is less expensive and, for what I anticipate you might need more than timely enough. This is roughly what you will get. Each month you would get:

    The weekly information is for the most commonly traded coins: generic gold, classic commems, Morgan/Peace $1, generic type coins both business strikes and proofs, high grade Mercs and Walkers. Also some rolls and moderns.

    The monthly has an article about some collecting area, prices for generic early gold, all 1907 & later mint state and proof gold by date, most post 1850's series by date except seated, etc.

    Quarterly has earlier material by date.

    Laborious to type, so check out the website.

    Some of this info virtually never changes. They have a price for No Motto $10's in 65. One shows up every decade or so.

    Generic gold and S$1 issues are more volatile, so this is more useful data.

    As you will glean from others' comments, this is no bible, but it's as useful as you can get.

    Also the Heritage website (free access) has a record of every coin they've sold oin their auctions over the past decade and more. And a cumbersome search engine that eventually gets the job done. In many ways this is more useful than the CDN.

    There's still a lot of extrapolation for less active issues based on this data. To me, CU prices are about as useful as Coin Prices Magazine from Coin World (is that what its named?). I could care less about putative retail prices.

    The 1910 $10 PR65 CDN bid is 55K. Maybe a few show up each year. Hard to price, but I have a hard time thinking my fellow dealers would pay $80K WITHOUT A FIRM COMMITTED ORDER.

    Chew on the data, it's better than examining the entrails of a newly slaughtered sheep. >>



    Col J,

    Thank you very much for pointing me in the right direction.

    Eaglesea


  • ColonelJessupColonelJessup Posts: 6,442 ✭✭✭✭✭
    BTW, have someone explain how to enable PM's (private messages).
    "People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf." - Geo. Orwell


  • << <i>BTW, have someone explain how to enable PM's (private messages). >>



    Presumably I click something in my profile somewhere? Will try it out.
  • bidaskbidask Posts: 14,057 ✭✭✭✭✭


    << <i>You can subscribe on a weekly or monthly basis @ www.greysheet.com. You have a choice of an online or print subscription. I would recommend a print subscription on a monthly basis for someone in your stage of numismatic education. The info is less expensive and, for what I anticipate you might need more than timely enough. This is roughly what you will get. Each month you would get:

    The weekly information is for the most commonly traded coins: generic gold, classic commems, Morgan/Peace $1, generic type coins both business strikes and proofs, high grade Mercs and Walkers. Also some rolls and moderns.

    The monthly has an article about some collecting area, prices for generic early gold, all 1907 & later mint state and proof gold by date, most post 1850's series by date except seated, etc.

    Quarterly has earlier material by date.

    Laborious to type, so check out the website.

    Some of this info virtually never changes. They have a price for No Motto $10's in 65. One shows up every decade or so.

    Generic gold and S$1 issues are more volatile, so this is more useful data.

    As you will glean from others' comments, this is no bible, but it's as useful as you can get.

    Also the Heritage website (free access) has a record of every coin they've sold oin their auctions over the past decade and more. And a cumbersome search engine that eventually gets the job done. In many ways this is more useful than the CDN.

    There's still a lot of extrapolation for less active issues based on this data. To me, CU prices are about as useful as Coin Prices Magazine from Coin World (is that what its named?). I could care less about putative retail prices.

    The 1910 $10 PR65 CDN bid is 55K. Maybe a few show up each year. Hard to price, but I have a hard time thinking my fellow dealers would pay $80K WITHOUT A FIRM COMMITTED ORDER. I would advise against this price being paid unless my customer was a committed specialist in this series. I'm not purporting to be an investment adviser or retail whore. I trade the issues, not the market. My perspective is different. I just bought and sold a rare date Lib $20 in 58 for close to "60" bid. I will have turned my money over 30 times before this coin reappears. I will make a profit on maybe 85% of those trade.

    My pricing database is in my head, but I still need a reminder from others' data quite often.


    Chew on the data, it's better than examining the entrails of a newly slaughtered sheep. >>

    I am surprised you even quote cdn on a coin like this. You and a zillion others would like to pay that price. Heritage auction shows 3 auctions of prices realized of 97k, 66k, and 74k, going back to feb of 2006 for the 1910 in proof 65.

    None of them were ogh and cac.......

    EDIT to add the pcgs price guide is $85k for this date and 125k in 66.
    I manage money. I earn money. I save money .
    I give away money. I collect money.
    I don’t love money . I do love the Lord God.




  • Bidask... I have been referring to ur coin as a 1909 instead of 1910... :-( silly me.
  • ColonelJessupColonelJessup Posts: 6,442 ✭✭✭✭✭
    see next post
    "People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf." - Geo. Orwell
  • ColonelJessupColonelJessup Posts: 6,442 ✭✭✭✭✭


    << <i>[QThe 1910 $10 PR65 CDN bid is 55K. Maybe a few show up each year. Hard to price, but I have a hard time thinking my fellow dealers would pay $80K WITHOUT A FIRM COMMITTED ORDER. I would advise against this price being paid unless my customer was a committed specialist in this series. I'm not purporting to be an investment adviser or retail whore. I trade the issues, not the market. My perspective is different.

    Chew on the data, it's better than examining the entrails of a newly slaughtered sheep.

    >>

    I am surprised you even quote cdn on a coin like this. You and a zillion others would like to pay that price. Heritage auction shows 3 auctions of prices realized of 97k, 66k, and 74k, going back to feb of 2006 for the 1910 in proof 65.

    None of them were ogh and cac.......

    EDIT to add the pcgs price guide is $85k for this date and 125k in 66. >>



    Did you sell one of them, buy any of them? For yourself, or a customer?

    2006 was in a completely diffferent market cycle.

    Ask someone knowledgeable what the high bid for this issue is on CCE. Let's assume JA has the high bid at 55K. He will not pay more unless he has an order. What is Laura's bid? What is DHRC's bid.

    A zillion others? Surely you jest !

    What will you net on an auction sale after commission? What will your reserve be? Betcha you can't get more than a 40K reserve without a paying a buy-back fee. I'd actually give you 2-1 odds on a $1000 bet if you want to play.

    I said these were guidelines. I said the rarer the issue the tougher to price. Your theoretical pricing will bury you.

    Please be my customer. I can walk away from any major dealer's table with $250K of material and they'll hold my check, so feel free to ask MrEureka if your 25K deposit before purchase is OK to give me in case you change your mind (among dealers we call this weaseling out). I'm a pig; I'd want to make 5K on the deal. Would I pay 55K on spec? Maybe even 60K? In this market, with such low velocity of money, probably not. As a collector/investor, you might pay more. Ask a dealer whose bids are respected, and who respects your ability and willingness to pay, to bid on your behalf for a small commission.

    I have my ear to the ground. While physically I may appear to be vulnerable from this position, I still feel comfortable you will not be able to blow smoke up my a-s.

    Comments you have made in other posts have been very useful to us all. On this one I believe you are having a recto-cranial infarction.

    In the real world, it's put up or shut up.

    "People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf." - Geo. Orwell
  • bidaskbidask Posts: 14,057 ✭✭✭✭✭


    << <i>

    << <i>[QThe 1910 $10 PR65 CDN bid is 55K. Maybe a few show up each year. Hard to price, but I have a hard time thinking my fellow dealers would pay $80K WITHOUT A FIRM COMMITTED ORDER. I would advise against this price being paid unless my customer was a committed specialist in this series. I'm not purporting to be an investment adviser or retail whore. I trade the issues, not the market. My perspective is different.

    Chew on the data, it's better than examining the entrails of a newly slaughtered sheep.

    >>

    I am surprised you even quote cdn on a coin like this. You and a zillion others would like to pay that price. Heritage auction shows 3 auctions of prices realized of 97k, 66k, and 74k, going back to feb of 2006 for the 1910 in proof 65.

    None of them were ogh and cac.......

    EDIT to add the pcgs price guide is $85k for this date and 125k in 66. >>



    Did you sell one of them, buy any of them? For yourself, or a customer?

    2006 was in a completely diffferent market cycle.

    Ask someone knowledgeable what the high bid for this issue is on CCE. Let's assume JA has the high bid at 55K. He will not pay more unless he has an order. What is Laura's bid? What is DHRC's bid.

    A zillion others? Surely you jest !

    What will you net on an auction sale after commission? What will your reserve be? Betcha you can't get more than a 40K reserve without a paying a buy-back fee. I'd actually give you 2-1 odds on a $1000 bet if you want to play.

    I said these were guidelines. I said the rarer the issue the tougher to price. Your theoretical pricing will bury you.

    Please be my customer. I can walk away from any major dealer's table with $250K of material and they'll hold my check, so feel free to ask MrEureka if your 25K deposit before purchase is OK to give me in case you change your mind (among dealers we call this weaseling out). I'm a pig; I'd want to make 5K on the deal. Would I pay 55K on spec? Maybe even 60K? In this market, with such low velocity of money, probably not. As a collector/investor, you might pay more. Ask a dealer whose bids are respected, and who respects your ability and willingness to pay, to bid on your behalf for a small commission.

    I have my ear to the ground. While physically I may appear to be vulnerable from this position, I still feel comfortable you will not be able to blow smoke up my a-s.

    Comments you have made in other posts have been very useful to us all. On this one I believe you are having a recto-cranial infarction.

    In the real world, it's put up or shut up. >>

    imageColonel, your response is a little over the top and defensive. I own the coin. I am not a dealer. The dealers I work with on stuff like this are fair. They get my repeat business. I am happy to pay dealers 3 to 5% to represent me. I don't think this coin has seen the light of day in awhile..... I don't want to sell, but if I did want to sell thru auction the bet you posed to me you I would gladly accept. Tell you what, find me a coin like this for 55K and I will gladly pay you 60k.
    Then you make the $5000 profit you want.

    Btw, when it comes to money, I think I understand the real world as well, thank you.........

    As far as being your customer, I am open to that when your not having a recto-cranial infarction.
    I manage money. I earn money. I save money .
    I give away money. I collect money.
    I don’t love money . I do love the Lord God.




  • Here I go again! I AM THE MESSENGER!

    Laura told me to announce that virtually ALL of the ORIGINAL Matte PR Gold in the Stacks and B+M sales was purchased by her. No, she did NOT have orders for all of it.

    Yes, she did buy the 1913 $10+20-which obviously people are jealous of. Just about every 1913 $20 has lines. When you have a stunning fresh original coin like that they just tend to be magnified a touch. Her underbidders were two of the sharpest gold crackers in the biz. Be greatful she bought the coins and they will remain original (I paraphrased a little).

    She said offer her ANY PCGS ORIGINAL GEM MATTE PROOF GOLD. She'll pay the highest prices period. The CDN is and has been a joke to her on Matte Proof Gold prices she said.

    I can tell you she is irked by several baseless comments by people who act like they know things and represent themselves as the dealers which they are not.

    Don't flame me!

  • RWBRWB Posts: 8,082
    Laura has a very good "eye" for high quality -- something that can be very elusive on sandblast and satin proof gold.
  • ColonelJessupColonelJessup Posts: 6,442 ✭✭✭✭✭
    Your fan-boy status is pathetic. Her business model is good. Her eye has gotten much better since CAC. You should see all the matte gold she wholesales that won't CAC. And how many 1913 Saints have you seen, let enough bough or sold. I sold Ed Trompeter his. You remember Ed, don;'t you?

    Irked? Isn't that a very mild response for her? Maybe we'll have another flaming Hot Topics. She craps on so many you'll having to take the flaming she hands out if you want to pimp her company line. How does it feel to be a puppet?

    Cf: Uriah Heep. "I am a very humble man". I worry most about those who proclaim their virtue most strongly. Give us some specifics about what hurts her feelings. I remember when she BRAGGED about running up a competitor to 100K+ (perhaps 1855 S$1) and then saying "I didn't really want it". Get back to us in 5 mins with the initials of the guy who owns Teddy's coin, or we'll start to believe you are Charlie McCarthy. I sold him his 1921 Saint, or at least one of them.

    Again, enjoy your 39-D dime.

    BTW, I conceded that most of the hardened professionals I hang with were not as critical as I was abut the hairlines. And do you believe she really bought the 1.7M penny without having that particular customer in mind? Andy Skrabalak said the price was so high only because of various tax advantages to his seller's charitable deduction. Let the self-promotion continue.
    "People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf." - Geo. Orwell
  • ColonelJessupColonelJessup Posts: 6,442 ✭✭✭✭✭
    And I amused by characterizing my response as being "over the top" when compared to anything we read in "Hot Topics". Everything I hear from that source has at least a grain of truth. At least a grain. We all do business with her, but it's a persistent source of amusement that she'll consistently pay more in auction than on the bourse floor.
    "People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf." - Geo. Orwell
  • Jessup-you clearly are jealous. I stick up for Laura because I am not a big player and she has treated me wonderfully. All I ever read here is how petty people are about anything she does.

    Her email to me was clear, its all about jealousy. I'll ask what she wanted me to: Jessup, so what have YOU done lately? I'll bet you do not handle half the coins she does. I know your last comments were totally off base about how strong she pays on the floor. Maybe she does not like you or doctored crap your friends sell. I have sat with her at shows and I know she pays really strong for what she wants. She has built up a customer base from all over the world.


    Thank you, I will enjoy my Dime.

    If your really a somebody, impress me, tell me who you are. I'll meet you at FUN and we'll have lunch (I'll buy).
  • speetyspeety Posts: 5,424


    << <i> I remember when she BRAGGED about running up a competitor to 100K+ (perhaps 1855 S$1) and then saying "I didn't really want it". >>



    Edited out after TDN posted later in this thread on the next page...



    << <i>And I amused by characterizing my response as being "over the top" when compared to anything we read in "Hot Topics". >>



    Bad example image People bash her over those as well for being over the top. And they are posted on her own website...
    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!!!

  • Laura just sent me this: "confirming the story on the 1855 $1, Gene was not bidding for himself. He was not after the coin until the partnership that bought realized they were struck. It was a total lie to say they bought it for him. Just another case if misleading by the infamous Jessup-who would not know about that coin unless he was one of the partners. Legend was not going to pay the moon for that coin. The other 1855 that was privately purchased at the ANA Show was for six figures".

    I am outta of this now, getting too heated. Time to go back to watching.

  • SoCalBigMarkSoCalBigMark Posts: 2,838 ✭✭✭✭✭
    I wish Laura would post here again.
  • ColonelJessupColonelJessup Posts: 6,442 ✭✭✭✭✭
    The 1855 S$1 was indeed the Gardner coin. Gene has been a knowledgeable buyer for over 45 years. MS68 (Dave Schweitz) was the successful bidder and the coin went straight to him.. Ask him about her remarks. I'll try to find the link, but am computer illiterate enough that I might not be able to actually hook it up to a message here. The coin was sold 4/17/2008.

    And she did, in fact, brag about not wanting it after the sale. Said it was a 63+ and she was running it up "for sport". I believe it's a post somewhere on this site. If she had gotten stuck it would have represented wonderful value for her buyer, wouldn't it. Ooops, she didn't have one.

    And why would I want to have lunch with Charlie McCarthy? I've seen her scream, yell and spew at other dealers who have dared to try and do business with "her" customers. This is how she protects them. And, I guess, you. Do you think the two Heritage customers who lost $20M+ each would have done all that much better in early 2009 if their coins had been CAC. Better, I suppose yes.

    Jealous of her merchandising ability and customer list, you betcha, but I was buying monster rarities when she was a pup. Market values supported by retail buyers mean nothing to me. I will not project results 5 or 10 years out. There are buyers of Renoirs and Van Goghs who may enjoy looking at them, but, at least for now, they're buried. And Damien Hurst (I never understood that deal in the first place) has dropped off a cliff.

    It's my intent in posting here anonymously so I can speak as freely as I choose without public consequence. I have done things I'm not so happy about. I'm no angel. But to paraphrase her neighbor "The Boss" "You can't get out of this world, buddy, without your feet a little dirty and your hands a little bloody".

    I'm an A-hole sometimes, but not a hypocrite. And have taken enough hits on bad deals and profits and [scores on good ones to have no problem being wrong more than occasionally. At least I'm informed by experience.

    Shoot the messenger? Why not? They won't let her post here. Her version of the truth as promulgated in her public statements has been noted by others as having a strong element of hysteria. And you blindly repeat it, albeit in a better tone, but wouldn't it have to be?image

    I'll have lunch with her at FUN if you leave her table, that is if you can stop sucking up.
    "People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf." - Geo. Orwell
  • SoCalBigMarkSoCalBigMark Posts: 2,838 ✭✭✭✭✭
    I heard she was unbanned, just chooses not to post here anymore. BTW Jessup, you have some great stories, can't wait to hear more.
  • I told you, do not shoot the messenger. I should not have posted what I did. I am sorry folks.

    jessup, so lets meet. if your a big time dealer, I'd love to learn what you can teach me.
  • coinguy1coinguy1 Posts: 13,484 ✭✭✭


    << <i>I told you, do not shoot the messenger. I should not have posted what I did. I am sorry folks.

    jessup, so lets meet. if your a big time dealer, I'd love to learn what you can teach me. >>

    Dave, I have known him for more than 20 years, and he could teach you and most others a great deal - most of it good and some of it bad. I doubt he would disagree with that assessment.image
  • ColonelJessupColonelJessup Posts: 6,442 ✭✭✭✭✭


    << <i>

    << <i>I told you, do not shoot the messenger. I should not have posted what I did. I am sorry folks.

    jessup, so lets meet. if your a big time dealer, I'd love to learn what you can teach me. >>

    Dave, I have known him for more than 20 years, and he could teach you and most others a great deal - most of it good and some of it bad. I doubt he would disagree with that assessment.image >>



    TY Mark. Sigh.. sad but true. My last post on this thread. I'll try to be more useful on other topics.

    And Dave, it was your own choice to be the messenger. Still, I note your apology and appreciate it, not just for myself, if it was so directed, but more for others. And the truth is, those 39-D's from the Dennis Steinmetz (so I was told) deal, were, and are, ungodly beautiful and nice. That's some form of apology. The woman I loved most in my life once gave me Post-Its that said "Often wrong, but never in doubt". Another big sigh...

    As far as being big-time, my observation is that I used to be big; now I'm just fat.

    But I'll remain Clark Kent (though not ever Superman) for now.
    "People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf." - Geo. Orwell
  • SoCalBigMarkSoCalBigMark Posts: 2,838 ✭✭✭✭✭
    Looks like someone got a Great Feldini PM. image
  • bidaskbidask Posts: 14,057 ✭✭✭✭✭


    << <i>

    << <i>I told you, do not shoot the messenger. I should not have posted what I did. I am sorry folks.

    jessup, so lets meet. if your a big time dealer, I'd love to learn what you can teach me. >>

    Dave, I have known him for more than 20 years, and he could teach you and most others a great deal - most of it good and some of it bad. I doubt he would disagree with that assessment.image >>

    Hey Mark, what did you have in mind as to some of the good things Colonel can teach us.image

    I like learning from experience and am interested....
    I manage money. I earn money. I save money .
    I give away money. I collect money.
    I don’t love money . I do love the Lord God.




  • coinguy1coinguy1 Posts: 13,484 ✭✭✭


    << <i>Looks like someone got a Great Feldini PM. image >>

    That is not the case, but would you like me to send one to someone?image
  • MrEurekaMrEureka Posts: 24,668 ✭✭✭✭✭
    The 1910 $10 PR65 CDN bid is 55K. Maybe a few show up each year. Hard to price, but I have a hard time thinking my fellow dealers would pay $80K WITHOUT A FIRM COMMITTED ORDER. I would advise against this price being paid unless my customer was a committed specialist in this series.

    Assuming that BidAsk's 1910 is as fresh and original as it appears to be, I doubt that there are more than 15 comparable coins in existence, and I'd guess that I've only seen half a dozen in the past 20 years. As for the price, I don't see why a non-specialist shouldn't be willing to pay PQ money for a PQ coin. Although I will concede that liquidating PQ coins can be frustrating, because everybody complains about price and few care enough about real quality to pay for it.
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Emoji
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file