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Pogue 1804 Dexter Dollar PCGS Proof-65 brings $3,290,000 - less than the 62 that brought over $3.7 m

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  • tradedollarnuttradedollarnut Posts: 20,180 ✭✭✭✭✭

    There's also the possibility that buyers thought it wasn't really for sale - like the Childs coin. Hard to make plans that size when there's uncertainty

    At any rate, the coin will make a spectacular earring in some great set. ;)

  • tradedollarnuttradedollarnut Posts: 20,180 ✭✭✭✭✭

    Decline in value? He paid under $2M

  • MrEurekaMrEureka Posts: 24,388 ✭✭✭✭✭

    @tradedollarnut said:
    Decline in value? He paid under $2M

    What's the 62 worth now?

    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • tradedollarnuttradedollarnut Posts: 20,180 ✭✭✭✭✭

    @MrEureka said:

    @tradedollarnut said:
    Decline in value? He paid under $2M

    What's the 62 worth now?

    As I recall the discussion, it was that they never realize a loss....not that they were never worth occasionally less.

  • NicNic Posts: 3,400 ✭✭✭✭✭

    @MrEureka said:

    @tradedollarnut said:
    Decline in value? He paid under $2M

    What's the 62 worth now?

    Didn't you used to own half of the "62"?

    Congrats to the new owners.

  • CaptHenwayCaptHenway Posts: 32,587 ✭✭✭✭✭

    Good point.

    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.
  • MrEurekaMrEureka Posts: 24,388 ✭✭✭✭✭

    @Nic said:

    @MrEureka said:

    @tradedollarnut said:
    Decline in value? He paid under $2M

    What's the 62 worth now?

    Didn't you used to own half of the "62"?

    No. I've never owned any part of an 1804 Dollar. You might be thinking of ColonelJessup, who has on a few occasions mentioned here that he once had a piece of the Garrett 1804.

    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • privaterarecoincollectorprivaterarecoincollector Posts: 629 ✭✭✭✭✭

    I just heard from Kevin that he sold the Dollar at a much higher price and he has received 5 different offers for the coin in the last 48 hours. It was probably the best deal in all Pogue auctions to buy this coin.
    So much for the Orphan coin.

  • privaterarecoincollectorprivaterarecoincollector Posts: 629 ✭✭✭✭✭

    @tradedollarnut said:
    There's also the possibility that buyers thought it wasn't really for sale - like the Childs coin. Hard to make plans that size when there's uncertainty

    At any rate, the coin will make a spectacular earring in some great set. ;)

    Yes I think that was the case. And Kevin played it smartly by putting a book bid in advance, so nobody knew is it Kevin or Pogue bidding in the book.

  • roadrunnerroadrunner Posts: 28,313 ✭✭✭✭✭
    edited April 3, 2017 9:57AM

    @privaterarecoincollector said:
    I just heard from Kevin that he sold the Dollar at a much higher price and he has received 5 different offers for the coin in the last 48 hours. It was probably the best deal in all Pogue auctions to buy this coin.
    So much for the Orphan coin.

    That didn't take long. Rather than weeks or month(s), just a weekend. So yes, interested buyers often wait until after the sale to assess things. Good catch for KL/JA. Looks like a win-win for both sides. A new thread on the topic confirms Legend/TDN bought the coin from KL/JA.

    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • ZoinsZoins Posts: 34,401 ✭✭✭✭✭

    @privaterarecoincollector said:
    I just heard from Kevin that he sold the Dollar at a much higher price and he has received 5 different offers for the coin in the last 48 hours. It was probably the best deal in all Pogue auctions to buy this coin.
    So much for the Orphan coin.

    Congrats to KL and JA! Great judgement on this coin.

  • CoinstartledCoinstartled Posts: 10,135 ✭✭✭✭✭

    Good late night reading.

  • TwoSides2aCoinTwoSides2aCoin Posts: 44,486 ✭✭✭✭✭

    @earlyAurum said:
    not cheap. inexpensive.

    @tradedollarnut said:
    I bid $2M

    I'm building a house so no higher

    Yeah... with a coin like that it's tough just giving the wife a new kitchen or vacuum.

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  • ZoinsZoins Posts: 34,401 ✭✭✭✭✭
    edited April 8, 2017 1:11PM

    @afford said:

    @jcping said:
    Not sure the "D" chop mark on reverse impacts its price :grimace:

    Why is it on my coins , anyone that has a counterstamp that is are holdered counterstamped/damaged by PCGS but this one is given a pass. I take it that counterstamps might be gaining popularity and credibility after this transaction. $5M is a lot for a damaged U.S. coin. :)

    PCGS also grades chopmarked TDs. Just need to convince PCGS for yours?

  • amwldcoinamwldcoin Posts: 11,269 ✭✭✭✭✭

    @afford said:

    @jcping said:
    Not sure the "D" chop mark on reverse impacts its price :grimace:

    Why is it on my coins , anyone that has a counterstamp that is are holdered counterstamped/damaged by PCGS but this one is given a pass. I take it that counterstamps might be gaining popularity and credibility after this transaction. $5M is a lot for a damaged U.S. coin. :)

    I think the D is probably considered a collector's mark....therefore given a pass on a coin like this since it isn't glaring.

  • ZoinsZoins Posts: 34,401 ✭✭✭✭✭

    @amwldcoin said:

    @afford said:

    @jcping said:
    Not sure the "D" chop mark on reverse impacts its price :grimace:

    Why is it on my coins , anyone that has a counterstamp that is are holdered counterstamped/damaged by PCGS but this one is given a pass. I take it that counterstamps might be gaining popularity and credibility after this transaction. $5M is a lot for a damaged U.S. coin. :)

    I think the D is probably considered a collector's mark....therefore given a pass on a coin like this since it isn't glaring.

    Does that mean we can all add our own collector's mark?

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  • amwldcoinamwldcoin Posts: 11,269 ✭✭✭✭✭

    LOL! If you have a collection like Pogue....maybe yes! ;)

    @Zoins said:

    @amwldcoin said:

    @afford said:

    @jcping said:
    Not sure the "D" chop mark on reverse impacts its price :grimace:

    Why is it on my coins , anyone that has a counterstamp that is are holdered counterstamped/damaged by PCGS but this one is given a pass. I take it that counterstamps might be gaining popularity and credibility after this transaction. $5M is a lot for a damaged U.S. coin. :)

    I think the D is probably considered a collector's mark....therefore given a pass on a coin like this since it isn't glaring.

    Does that mean we can all add our own collector's mark?

  • This content has been removed.
  • amwldcoinamwldcoin Posts: 11,269 ✭✭✭✭✭

    Here's a coin I have forsale I would be tempted to have graded with probably an inventory number applied in the 19th or early 20th century:
    ebay.com/itm/Brunswick-Luneburg-Calenburg-Hannover-1778-IWS-24-Marion-Groschen-KM-341-Nice-AU-/292052016897?ssPageName=STRK:MESE:IT

    @afford said:

    @amwldcoin said:

    @afford said:

    @jcping said:
    Not sure the "D" chop mark on reverse impacts its price :grimace:

    Why is it on my coins , anyone that has a counterstamp that is are holdered counterstamped/damaged by PCGS but this one is given a pass. I take it that counterstamps might be gaining popularity and credibility after this transaction. $5M is a lot for a damaged U.S. coin. :)

    I think the D is probably considered a collector's mark....therefore given a pass on a coin like this since it isn't glaring.

    Please explain what "a collector's mark" is in numismatics?

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