Laura's Newman recap

tradedollarnut

Legend Market Report

EastonCollection

I attended the auction and did get a chance to do lot viewing. I couldn't agree more with Laura's comments. There were a whole bunch of coins that sold for moon money and were worth it and others achieved moon money but I thought they weren't worthy of those prices. Auction representation was critical in this auction. I was bidding on a 1862 S seated half in 64 and I thought is a a nice coin but not special. I wanted to pay up to $6k and I lost it at $9500 hammer. Way too high!

lkeigwin

This is a little sour grapes because I was totally shut out...but I was very underwhelmed with the bust half coins.

Some were great, sure. But many (most?) were obviously cleaned with evident hairlines. Those stored in envelopes were dark and drab. The album toned ones showed some pleasant life with nice rim toning but signs of cleaning nonetheless.

I was pretty disappointed. Obviously many collectors felt otherwise. Were they buying the coins or the provenance?
Lance.

tradedollarnut

I can tell you that I too was underwhelmed by what I saw other than a handful of larger coins and many of the bust quarters. Most had obviously been mishandled and had a 'look' to them that showed they weren't original. But there were a few coins that were absolute treasures. The 1803 dollar in 65+ had a few ticks and lines but it glowed with an original patina that I have only seen on one other early dollar - the $10M coin. If that coin [and others] had been mishandled, the patina would not have remained. It was absolutely hands down the finest known of the date and those are the coins to stretch on. The underbidder gave us a wild ride but it was hammered down well within our maximum bid.

djdilliodon

<< <i>I can tell you that I too was underwhelmed by what I saw other than a handful of larger coins and many of the bust quarters. Most had obviously been mishandled and had a 'look' to them that showed they weren't original. But there were a few coins that were absolute treasures. The 1803 dollar in 65+ had a few ticks and lines but it glowed with an original patina that I have only seen on one other early dollar - the $10M coin. If that coin [and others] had been mishandled, the patina would not have remained. It was absolutely hands down the finest known of the date and those are the coins to stretch on. The underbidder gave us a wild ride but it was hammered down well within our maximum bid. >>



Do you have links to the coins legend won? I'd love to see those babies!!!!

AnkurJ

Some coins in the sale were called "landmines". Were some if these CACd?

tradedollarnut

<< <i>Some coins in the sale were called "landmines". Were some if these CACd? >>



Going nuts for a B coin in a majorly hyped sale can be a landmine, yes. If you can find the equivalent or better coin on the bourse floor, why overpay???

yosclimber

<< <i>

<< <i>I can tell you that I too was underwhelmed by what I saw other than a handful of larger coins and many of the bust quarters. Most had obviously been mishandled and had a 'look' to them that showed they weren't original. But there were a few coins that were absolute treasures. The 1803 dollar in 65+ had a few ticks and lines but it glowed with an original patina that I have only seen on one other early dollar - the $10M coin. If that coin [and others] had been mishandled, the patina would not have remained. It was absolutely hands down the finest known of the date and those are the coins to stretch on. The underbidder gave us a wild ride but it was hammered down well within our maximum bid. >>



Do you have links to the coins legend won? I'd love to see those babies!!!! >>



http://coins.ha.com/c/item.zx?saleNo=1190&lotNo=33515#1055310553604

AnkurJ

<< <i>

<< <i>Some coins in the sale were called "landmines". Were some if these CACd? >>



Going nuts for a B coin in a majorly hyped sale can be a landmine, yes. If you can find the equivalent or better coin on the bourse floor, why overpay??? >>



I think the Pedigree has some value at this point. The Col E Green plus the Newman name will add a little bit to the coin just as Eliasberg and Norweb do.

joebb21

Love that 1815 25c in 67 cac with crazy color.
The envelope says it all

scoobydeux

<< <i>This is a little sour grapes because I was totally shut out...but I was very underwhelmed with the bust half coins.

Some were great, sure. But many (most?) were obviously cleaned with evident hairlines. Those stored in envelopes were dark and drab. The album toned ones showed some pleasant life with nice rim toning but signs of cleaning nonetheless.

I was pretty disappointed. Obviously many collectors felt otherwise. Were they buying the coins or the provenance?
Lance. >>



Lance,

I agree with you 1000%. No sour grapes though, as I did not bid on a single CBH in the sale. I was thinking of the 1831 or 1834 64, but I didn't like the homogenouous look that many of thse coins had--bright white centers, with thin dark rimmed or noen Morganesque toning. And the 2 I mentioned went for PCGS 65 prices--no worth more than 63, in my opinion.

oreville

i took a break from this auction.

i was doing real well cherry picking nice coins from Legend numismatics inventory getting a plus grade upgrade my from last purchase.

i have been real busy doing a rental apartment renovation that was long overdue since I held off doing it thinking I was dealing with black mold and then finding out it was only black dirt!!

Tthat also explains my reduced participation on this board. But I will be baaaaack!

tradedollarnut

Any other reports out there???

TahoeDale

I spent 125 dollars on internet fees(in the south pacific) watching the sale, and came up short on all bust halves.

But my wife Stacey is happy, as more shopping at the ports of call seem likely.

fareasteagle

Any photos of the room during the auction? I'm interested to see how packed it was... :-)