The only thing that brings stuff like this to the market is the death of the old rich guy. Then another old rich guy buys it and this cycle begins again.
A juicy tidbit for analyst: the reason that I know that the eliasberg 1885 trade dollar is not universally acclaimed as the finest is because there is an example that hasn't been seen in public for decades. And it's darn nice
Thank you for the links. Mr Reynolds has a great talent for writing, and it makes for interesting reading. All the talk about "full red, and red brown" is__ way __above my collecting grade, however I found his afterthoughts in the earlier article to be very though provoking and worthy of pondering; which I will quote here:
"As for premiums that should be paid for substantial original red color, a recommendation is neither explicit nor implicit. Collectors of uncirculated early dates should ask many questions and think carefully about the characteristics of the coins being considered. A collector who puts forth much effort to understand the coins that he is buying is likely to enjoy collecting and be satisfied with his acquisitions over the long run.
It best not to think of originality in ‘all or nothing’ terms. Most early copper coins have been brushed, oiled, waxed, washed, or cleaned in some way at one time or another. Treatments are often employed to contain corrosion or mitigate the effects of corrosion that has already occurred. It is best to conceptualize ratings of coins in the category of originality, while not thinking of any coin as being 100% original."
Comments
Great article...thanks for the link... Cheers, RickO
Nice article. Will be interesting to see if the time scale is pushed by to 50-years-not seen, from the present 15.
Yes, great article - thanks for posting!
The only thing that brings stuff like this to the market is the death of the old rich guy. Then another old rich guy buys it and this cycle begins again.
Thanks for posting. The OP's article included a link to this older article, which FWIW I thought was even more interesting:
coinweek.com/auctions-news/is-the-naftzger-blay-18076-the-only-gem-quality-full-red-early-date-large-cent/
ANA LM
USAF Retired — 34 years of active military service! 🇺🇸
Very meaty article. Thanks to poster. This new series from @Analyst will be fun!
A juicy tidbit for analyst: the reason that I know that the eliasberg 1885 trade dollar is not universally acclaimed as the finest is because there is an example that hasn't been seen in public for decades. And it's darn nice
Thanks for the link. This should be a good series of articles.
Thank you for the links. Mr Reynolds has a great talent for writing, and it makes for interesting reading. All the talk about "full red, and red brown" is__ way __above my collecting grade, however I found his afterthoughts in the earlier article to be very though provoking and worthy of pondering; which I will quote here:
"As for premiums that should be paid for substantial original red color, a recommendation is neither explicit nor implicit. Collectors of uncirculated early dates should ask many questions and think carefully about the characteristics of the coins being considered. A collector who puts forth much effort to understand the coins that he is buying is likely to enjoy collecting and be satisfied with his acquisitions over the long run.
It best not to think of originality in ‘all or nothing’ terms. Most early copper coins have been brushed, oiled, waxed, washed, or cleaned in some way at one time or another. Treatments are often employed to contain corrosion or mitigate the effects of corrosion that has already occurred. It is best to conceptualize ratings of coins in the category of originality, while not thinking of any coin as being 100% original."