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Here's one for your type set registry...
cameron12x
Posts: 1,384 ✭✭✭
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cameron12x
Posts: 1,384 ✭✭✭
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Compare them to a 76CC twenty cent piece, or a 1838-O half - decades ago they would have been on par with each other. While the price for this particular coin may be higher now than it was years ago... the two aforementioned coins in equivalent condition census status would be half million dollar coins.
Their previous sales do not seem to indicate that they will be able to "make a market" for this coin?
<< <i>There is not a shield nickel on earth for which I would pay five figures (sorry, IGWT
There's ONE that I would consider doing such for.
<< <i>There is not a shield nickel on earth for which I would pay five figures (sorry, IGWT
...how about six figures?
<< <i>
<< <i>There is not a shield nickel on earth for which I would pay five figures (sorry, IGWT
...how about six figures?
Only if I completely lost my mind or was attempting to commit financial suicide.
<< <i>
<< <i>
<< <i>There is not a shield nickel on earth for which I would pay five figures (sorry, IGWT
...how about six figures?
Only if I completely lost my mind or was attempting to commit financial suicide. >>
For the OP, this is from an old Heritage auction:
"This is the second original striking we have offered of this extreme rarity in the past three auctions. The original proof strikings appear to date from February 8, 1867, and it seems that no more than 10 pieces are extant today out of the 25 proofs struck on that date. The diagnostics, as published less than a year ago by John Dannreuther, are:
1) left base of 1 over right part of dentil, 7 recut, lower shield clear, full "detached" leaf;
2) area below right arrow shaft directly behind the arrowhead clear;
3) upper top left of shield to nearest leaf has small polish lines;
4) tiny die line through two leaves below the "detached" leaf continuing into the leaf below;
5) die line from 7th horizontal stripe angling down through several stripes; curly die line from 10th horizontal stripe down through left side of shield ending in the circle;
6) strong inner left bar to W in WE;
7) inner right berries recut with tiny polish line from the lower berry to the adjacent leaf;
8) "detached" lower right part of the left arrow feather.
Apparently there were later restrikings of this issue done under Mint Director Henry Linderman for collectors of the day. Thus, the importance of an original striking of this rarity in the year of issue."
<< <i>Between them, PCGS and NGC have certified almost 60 examples of the with rays 1867 proof nickel, handily destroying the reported mintage of 25. >>
<< <i>Not necessarily talking about price ... more about status. They used to be treated as a classic rarity [I believe the reported mintage was 20], but now it's apparent that there were restrikes and that there are wayyyy more than that number around.
Compare them to a 76CC twenty cent piece, or a 1838-O half - decades ago they would have been on par with each other. While the price for this particular coin may be higher now than it was years ago... the two aforementioned coins in equivalent condition census status would be half million dollar coins. >>
I was going to ask that you elaborate on your first statement, but I see here you did here, thanks.
Go BIG or GO HOME. ©Bill