@REALGATOR said:
I could see why some thought it was not a genuine 54-S: The 4 in the date has a look of an altered 1.
The 1851-S $5 is one of the few coins that's even rarer than the 1854-S.
Yeah, I guess I left out the possibility of a dealer thinking its an applied mintmark (like scammers do with 1909-"S" Indian and Lincoln Cents) or even 2 halves of a coin fused together. When we're talking about a million bucks, anything is possible.
You have to admit, even though it is authentic, that 4 does look strange.
Considerable authentication research went into this, and I suspect that information is closely held by the authentication company. To move the coin to a different company's holder it is implicit that the receiving company have complete research to support their conclusion. If not, they run the risk of considerable loss.
Plus, as the Capt noted, no potential buyer would care about the plastic. With only 268 made, survival of 4 is almost miraculous.
@RogerB said:
Considerable authentication research went into this, and I suspect that information is closely held by the authentication company. To move the coin to a different company's holder it is implicit that the receiving company have complete research to support their conclusion. If not, they run the risk of considerable loss.
Plus, as the Capt noted, no potential buyer would care about the plastic. With only 268 made, survival of 4 is almost miraculous.
If you have a PCGS complete US or gold set it would matter like it or not
m
Walker Proof Digital Album Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
What an amazing find... I really would like to know the backstory.....though there is likely very good reasons not to divulge the information. Cheers, RickO
@ricko said:
What an amazing find... I really would like to know the backstory.....though there is likely very good reasons not to divulge the information. Cheers, RickO
Rumor has it that the owner followed some finely dressed , old, eccentric woman to a coin star machine as she dumped an old peanut butter can full of coins into it , and he retreived it from the reject slot.
Comments
Pogues prolly shoulda sold theirs...
Yeah, I guess I left out the possibility of a dealer thinking its an applied mintmark (like scammers do with 1909-"S" Indian and Lincoln Cents) or even 2 halves of a coin fused together. When we're talking about a million bucks, anything is possible.
You have to admit, even though it is authentic, that 4 does look strange.
Holy crap! That is awesome.
Must not have read the article.
Considerable authentication research went into this, and I suspect that information is closely held by the authentication company. To move the coin to a different company's holder it is implicit that the receiving company have complete research to support their conclusion. If not, they run the risk of considerable loss.
Plus, as the Capt noted, no potential buyer would care about the plastic. With only 268 made, survival of 4 is almost miraculous.
Would be tragic if the owner cracks it out and sends it to our host and comes back "questionable authenticity" or "altered surfaces". Just sayin'.
All kidding aside, quite a historic day in our world!
They should have used 001854-004, instead.
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
Oh I read it. Was just being sarcastic, where is that Mr. Insider2 anyway?
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Excellent!
I'm confident a lawyer or another advisor told the owner of this coin to not divulge the backstory of where this came from or who the owner is.
It will certainly be exciting to see this coin go to auction.
If you have a PCGS complete US or gold set it would matter like it or not
m
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
What an amazing find... I really would like to know the backstory.....though there is likely very good reasons not to divulge the information. Cheers, RickO
So how many here think the backstory is hidden because it was purchased from a little old lady or the likes?
I'm betting a couple dealers who called it fake yesterday felt like they missed out on "The Rip Of A Lifetime"
Rumor has it that the owner followed some finely dressed , old, eccentric woman to a coin star machine as she dumped an old peanut butter can full of coins into it , and he retreived it from the reject slot.
@TwoSides2aCoin ....You sneaky dog you.....
Cheers, RickO
Cert number 001854-500 would have a nice ring to it also.
"To Be Esteemed Be Useful" - 1792 Birch Cent --- "I personally think we developed language because of our deep need to complain." - Lily Tomlin