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Holy Cow !!! 2014 Native American dollar

silvergoldnutsilvergoldnut Posts: 456 ✭✭
in U.S. Coin Forum
So when I read on February 8th the 2014 Native American coin( missing edge letters) from the currency set sold for over 12 grand I thought people were nuts.
Well I just read the same coin just sold for over 31 grand !!!!
Info in coin world and yes I feel stupid now , lol

Comments

  • ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭
    Rare is rare.

    What if this is the only one.
  • OGDanOGDan Posts: 3,748 ✭✭✭✭✭


    << <i>Rare is rare.

    What if this is the only one. >>



    What if it's not? Either way I'm shocked someone valued it that high.
  • 19Lyds19Lyds Posts: 26,491 ✭✭✭✭


    << <i>So when I read on February 8th the 2014 Native American coin( missing edge letters) from the currency set sold for over 12 grand I thought people were nuts.
    Well I just read the same coin just sold for over 31 grand !!!!
    Info in coin world and yes I feel stupid now , lol >>

    From which coin World issue did you read this?
    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
  • silvergoldnutsilvergoldnut Posts: 456 ✭✭
    It's in the digital edition that I just got from coin world through a email. The story goes it was on lone at an auction house and a offer came in for it and the owner took the offer, not a bad profit since it was just bought on February 8 for 12,000. To turn around and flip it for over 31,000.

    It's on coin world.com and it sold for 31,900 at America auction network in St.Petersburg , FLA on February 15
  • 7Jaguars7Jaguars Posts: 7,500 ✭✭✭✭✭
    Good for the seller. Variety does nada for me on its own merits...
    Love that Milled British (1830-1960)
    Well, just Love coins, period.
  • RaufusRaufus Posts: 6,817 ✭✭✭✭✭
    Incredible.
    It would seem that they are really banking on this being unique. I wonder whether more will turn up.
    By way of moderns I'd much rather have a Cheerios Sac - which can be had for a lot less.
    Land of the Free because of the Brave!
  • DIMEMANDIMEMAN Posts: 22,403 ✭✭✭✭✭
    ARGH!!! The real coins I could buy with that money!!
  • dibdib Posts: 311 ✭
    You can't be anywhere as stupid as the person who bought it for 31 grand.
  • DCWDCW Posts: 7,406 ✭✭✭✭✭
    Different strokes for different folks. Buy what makes you happy, I say.
    While it sounds absurd for most collectors to buy a coin dated 2014 for $31,000, it is equally perplexing for most of the general public to fathom spending more than face value on any coin in general.
    We are who we are, and that is why we are here.

    Dead Cat Waltz Exonumia
    "Coin collecting for outcasts..."

  • 291fifth291fifth Posts: 24,385 ✭✭✭✭✭
    If offered to me I would pay $1. I wouldn't be joking.
    All glory is fleeting.
  • FullStrikeFullStrike Posts: 4,353 ✭✭✭


    << <i>If offered to me I would pay $1. I wouldn't be joking. >>



    I hear you on that one and couldn't agree more.

    However I have 32 I still haven't checked and if I were to find one .... you better believe I'd flip it for the big offer.

    image


    PS I've checked 10 so far. And NOTHING ! image
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,384 ✭✭✭✭✭


    << <i>If offered to me I would pay $1. I wouldn't be joking. >>



    Then you could sell it to me for $1.10 and I would sell it for $32K. image
  • jessewvujessewvu Posts: 5,065 ✭✭✭✭✭
    Why wasn't this coin sent to PCGS or NGC?
  • silvergoldnutsilvergoldnut Posts: 456 ✭✭


    "Why wasn't this coin sent to PCGS or NGC?"

    If it's the only one I don't think it really matters , don't think it would drive the price up as it's not the grade on this one.
  • pocketpiececommemspocketpiececommems Posts: 5,915 ✭✭✭✭✭
    If it was purchased "raw" for 31K then I would think that the buy took a big gamble. I won't spend that kind of money on it but if I did I would want it in a holder before I purchased it.
    Pocketpiececommemoratives

    Lafayette Grading Set
  • DBSTrader2DBSTrader2 Posts: 3,485 ✭✭✭✭
    I'm filing-down the edges of my 2014's as we speak!....................imageimage
  • derrybderryb Posts: 36,978 ✭✭✭✭✭
    Feb 8 sale for $12k in ANACS slab at Great Collections

    News report of it being certified and consigned to GC

    The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong

  • tahoe98tahoe98 Posts: 11,388 ✭✭✭


    << <i>I'm filing-down the edges of my 2014's as we speak!....................imageimage >>



    ...image...image
    "government is not reason, it is not eloquence-it is a force! like fire, it is a dangerous servant and a fearful master; never for a moment should it be left to irresponsible action." George Washington
  • 19Lyds19Lyds Posts: 26,491 ✭✭✭✭


    << <i>Feb 8 sale for $12k in ANACS slab at Great Collections

    News report of it being certified and consigned to GC >>

    I STILL cannot see where it sold for 31 grand.

    Both of the above point to the same Feb 8th auction.
    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
  • dogwooddogwood Posts: 1,935 ✭✭✭✭
    Oh, it's a bonus slab error to boot!
    Misprint "EU69" image


    But is that a thing now?
    Error Uncirculated, maybe?
    I couldn't tell.
    We're all born MS70. I'm about a Fine 15 right now.
  • RampageRampage Posts: 9,471 ✭✭✭✭✭


    << <i>Oh, it's a bonus slab error to boot!
    Misprint "EU69" image

    But is that a thing now?
    Error Uncirculated, maybe?
    I couldn't tell. >>



    EU69 means Enhanced Uncirculated 69. If you read the description, it is not a normal finish, it has an enhanced finish, which looks kind of cool I think. Not worth $12,000 or $31,000 to me, but still cool looking coin.





  • rickoricko Posts: 98,724 ✭✭✭✭✭
    I cannot imagine paying that for a modern error.... boggles the mind...Cheers, RickO
  • 19Lyds19Lyds Posts: 26,491 ✭✭✭✭


    << <i>I cannot imagine paying that for a modern error.... boggles the mind...Cheers, RickO >>

    As most folks wouldn't but then, they are not error collectors.
    I don't think I could even sell you my triple clip IKE for $500.


    << <i>Different strokes for different folks. Buy what makes you happy, I say.
    While it sounds absurd for most collectors to buy a coin dated 2014 for $31,000, it is equally perplexing for most of the general public to fathom spending more than face value on any coin in general.
    We are who we are, and that is why we are here. >>

    Well Said.


    << <i>If offered to me I would pay $1. I wouldn't be joking. >>


    As most folks who don't appreciate the error would but I'd bet even money that you'd sell it for way more than $1.

    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
  • razzlerazzle Posts: 987 ✭✭✭
    Anybody know if all edge letters missing, or just the part shown in coinworld pics?
    Markets (governments) can remain irrational longer than an investor can remain solvent.
  • derrybderryb Posts: 36,978 ✭✭✭✭✭


    << <i>Anybody know if all edge letters missing, or just the part shown in coinworld pics? >>


    must be all missing or it would have "weak edge lettering" status.

    The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong

  • silvergoldnutsilvergoldnut Posts: 456 ✭✭
    image
  • FullStrikeFullStrike Posts: 4,353 ✭✭✭
    Now if only some frustrated House flippers would get in on it and flip it to a $Million .

    We all need a good laugh or two.


    imagewhat complete idiots
  • BodinBodin Posts: 1,012 ✭✭✭
    I'm the buyer of the NA at $31k. I also bought the first GOLD Kennedy for $100k. Time will show that I made AWESOME purchases. Just awesome.
    How I pay the bills:
    https://imdb.com/name/nm1835107/
  • CCHunterCCHunter Posts: 149 ✭


    << <i>You can't be anywhere as stupid as the person who bought it for 31 grand. >>



    Well I guess P.T. Barnum said it best...
    BST References upon request... Have Ebay rating of 3100+ w/100% positive FB.



  • FullStrikeFullStrike Posts: 4,353 ✭✭✭


    << <i>I'm the buyer of the NA at $31k. I also bought the first GOLD Kennedy for $100k. Time will show that I made AWESOME purchases. Just awesome. >>





    To truely inspire worship from this crowd you'll need to be the hi bidder on some choice Pouge Coins. And make sure you end
    up having paid several multiples of what the Pouges paid.

    Bargain buys don't inspire hero worship. image

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