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What was the first US coin to realize..

tradedollarnuttradedollarnut Posts: 20,146 ✭✭✭✭✭

...$10k at auction? I googled but cannot find the answer

Comments

  • BruceSBruceS Posts: 1,348 ✭✭✭✭✭

    I also tried, but I imagine it happened a long time ago. Like many many decades or more, Probably in some auction results somewhere?


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  • ZoinsZoins Posts: 33,811 ✭✭✭✭✭

    I also searched but didn't find anything.

    I'm also interested to know the first coin that sold for $1k at auction.

  • HydrantHydrant Posts: 7,773 ✭✭✭✭✭

    Good luck with that one, boys. Wild goose chase.

  • CoinstartledCoinstartled Posts: 10,135 ✭✭✭✭✭
    edited April 29, 2017 5:52PM

    Narrowing it down a bit, the 1804 dollars jumped from $4250 in 1941 to $28,000 in 1960. Logic would suggest 1950 or so would be the target date of the first $10,000 plus auction.


    From Wiki

    """In 1883, a Class III dollar was reportedly purchased in Vienna for $740, and a Class I specimen was auctioned for $1,000 in 1885 by Henry and Samuel H. Chapman. In 1903, an example sold for $1,800, and the same coin reportedly sold for $4,250 in 1941. In 1960, a Class III dollar fetched $28,000 at an auction"""

  • roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭
    edited April 29, 2017 6:15PM

    My earliest recollection (via Coin World) on a rarity transaction was the McDermott 1913 Lib nickel that sold to the Bebee's in 1967 for $46,000. Didn't Eliasberg "pay" $10,000 for the 1873-cc NA dime (1950?).

    Coinfacts: "1804 silver dollars marked new auction records all the way through the 1980s as prices rose steadily, first to five digits in the 1960s, then to the upper six-digit range by 1989, when the Dexter Class I Original sold for $990,000. "

    "In the 1880s the Chapman Brothers sale of the Dexter specimen marked the first time that a Class I 1804 dollar-and likely any other U.S. coin at auction-crossed the $1,000 threshold.".....In 1907 the Stickney specimen of the 1804 sold for $3600. "

    http://cointrackers.com/liberty-head-v-nickel/

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  • coinkatcoinkat Posts: 22,721 ✭✭✭✭✭

    Off hand, no idea but I suspect it is not a US coin

    Experience the World through Numismatics...it's more than you can imagine.

  • tradedollarnuttradedollarnut Posts: 20,146 ✭✭✭✭✭

    @coinkat said:
    Off hand, no idea but I suspect it is not a US coin

    By definition of the title of the post, I suspect that it is....

  • roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭
    edited April 29, 2017 6:41PM

    duplicate

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

    This may be it. The Stickney 1804 realized $10,500 At the Max Mehl, Atwater sale in 1946.

  • ZoinsZoins Posts: 33,811 ✭✭✭✭✭
    edited April 29, 2017 6:11PM

    @roadrunner said:
    My earliest recollection (via Coin World) on a rarity transaction was the McDermott 1913 Lib nickel that sold to the Bebee's in 1967 for $46,000. Didn't Eliasberg "pay" $10,000 for the 1873-cc NA dime (1950?). Maybe something in the Farouk collection? The 1933 Saint?

    Coinfacts: "1804 silver dollars marked new auction records all the way through the 1980s as prices rose steadily, first to five digits in the 1960s, then to the upper six-digit range by 1989, when the Dexter Class I Original sold for $990,000. "

    "In the 1880s the Chapman Brothers sale of the Dexter specimen marked the first time that a Class I 1804 dollar-and likely any other U.S. coin at auction-crossed the $1,000 threshold.".....In 1907 the Stickney specimen of the 1804 sold for $3600. "

    http://cointrackers.com/liberty-head-v-nickel/

    If the Dexter Dollar is the first $1,000 coin, is TDN up to 5 milestones?

  • coinkatcoinkat Posts: 22,721 ✭✭✭✭✭

    In big letters it does say US... and managed to miss that. My sincere apologies

    Experience the World through Numismatics...it's more than you can imagine.

  • WinLoseWinWinLoseWin Posts: 1,471 ✭✭✭✭✭

    pcgscoinfacts.com shows one of the 1822 $5 gold auctioned for $11,575 in 1941. Not sure if this was the first coin over 10g though.

    .
    .

    1. National Numismatic Collection. Harlan P. Smith (purchased circa 1884 at a bullion dealer’s coin shop for $6.50)– Lorin G. Parmelee collection sale, June 25-27, 1890, Lot 938, consigned as a stand-in by Harlan P. Smith and bought back by him for $900 – S.H. & H. Chapman, 1906, Lot 210, $2,165 – William Forrester Dunham - B. Max Mehl – Mehl “Dunham” 1941, Lot 2095, $11,575 – Charles M. Williams – Kosoff & Kaplan – B. Max mehl - Amon Carter, Sr. – Amon Carter, Jr. – Josiah K. Lilly – donated by Lilly’s estate to the National Numismatic Collection in exchange for a $5.5 million tax credit. According to Breen, Dunham refused an offer of $35,000 from J.P. Morgan for this coin.

    .

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  • BruceSBruceS Posts: 1,348 ✭✭✭✭✭

    Were down to 1941, nice sluth work so far. Good exercise in searching auction records.


    eBay ID-bruceshort978
    Successful BST:here and ATS, bumanchu, wdrob, hashtag, KeeNoooo, mikej61, Yonico, Meltdown, BAJJERFAN, Excaliber, lordmarcovan, cucamongacoin, robkool, bradyc, tonedcointrader, mumu, Windycity, astrotrain, tizofthe, overdate, rwyarmch, mkman123, Timbuk3,GBurger717, airplanenut, coinkid855 ,illini420, michaeldixon, Weiss, Morpheus, Deepcoin, Collectorcoins, AUandAG, D.Schwager.
  • MrEurekaMrEureka Posts: 23,892 ✭✭✭✭✭

    Although it was not at auction, it's worth noting that the two 1877 Half Unions sold for 10K each in 1909.

    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • coinkatcoinkat Posts: 22,721 ✭✭✭✭✭
    edited April 29, 2017 6:49PM

    According to an article written by Ed Reiter that appeared in th NY Times in December of 1985, he quoted Wayne Miller that the first US SIlver Dollar to auction for more than $10,000 was an 1893-CC branch mint proof. This coin was part of the Wayne Miller collection. The article did not say when Miller acquired it or from what auction. Initially, I thought it was owned by Hoagy Carmichael but that was incorrect.

    I know, this only addresses Silver Dollars and not all US coins, but it's a start in anticipation that the question will be asked.

    Experience the World through Numismatics...it's more than you can imagine.

  • CaptHenwayCaptHenway Posts: 31,499 ✭✭✭✭✭

    Not at auction, but the first $10,000 coin was the first 1892 Colombian half sold as a publicity stunt.

    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.
  • coinkatcoinkat Posts: 22,721 ✭✭✭✭✭

    Just curious... Where would the privately minted Brasher Debloons fit into the discussion?

    Experience the World through Numismatics...it's more than you can imagine.

  • AnalystAnalyst Posts: 1,438 ✭✭✭
    edited April 30, 2017 8:28PM

    Roadrunner: My earliest recollection (via Coin World) on a rarity transaction was the McDermott 1913 Lib nickel that sold to the Bebee's in 1967 for $46,000.

    Yes, I believe this was an auction result, though I am not certain.

    Roadrunner: Didn't Eliasberg "pay" $10,000 for the 1873-cc NA dime (1950?).

    No, Eliasberg was the underbidder in the Menjou sale, at $3600. The 1873-CC No Arrows dime sold for slightly more than $3600. Eliasberg later bought it privately for $4000. Roadruner may be thinking of the Eliasberg-Bass 1870-S Three, which Eliasberg bought duirng the 1940s.

    Unique 1873-CC ‘No Arrows’ Dime

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  • tradedollarnuttradedollarnut Posts: 20,146 ✭✭✭✭✭

    @BruceS said:
    Were down to 1941, nice sluth work so far. Good exercise in searching auction records.

    Agreed

  • messydeskmessydesk Posts: 19,642 ✭✭✭✭✭

    @CaptHenway said:
    Not at auction, but the first $10,000 coin was the first 1892 Colombian half sold as a publicity stunt.

    Kevin Lipton's great grandfather arranged for throngs of stockyards workers to storm the Midway to get one.

  • CaptHenwayCaptHenway Posts: 31,499 ✭✭✭✭✭

    @roadrunner said:
    My earliest recollection (via Coin World) on a rarity transaction was the McDermott 1913 Lib nickel that sold to the Bebee's in 1967 for $46,000. Didn't Eliasberg "pay" $10,000 for the 1873-cc NA dime (1950?).

    Coinfacts: "1804 silver dollars marked new auction records all the way through the 1980s as prices rose steadily, first to five digits in the 1960s, then to the upper six-digit range by 1989, when the Dexter Class I Original sold for $990,000. "

    "In the 1880s the Chapman Brothers sale of the Dexter specimen marked the first time that a Class I 1804 dollar-and likely any other U.S. coin at auction-crossed the $1,000 threshold.".....In 1907 the Stickney specimen of the 1804 sold for $3600. "

    http://cointrackers.com/liberty-head-v-nickel/

    The first time I subscribed to Coin World, my first issue headlined the Bebee nickel sale at $46,000. I was 17, and impressed.

    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.
  • rickoricko Posts: 98,724 ✭✭✭✭✭

    Impressive research/results in about four hours time.... This forum is an incredible resource. Cheers, RickO

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