Duke's Creek Dahlonega $5 Collection for Sale
RYK
Posts: 35,800 ✭✭✭✭✭
Yes, there was another thread, but "creek" was spelled like "freak", and for future reference, I thought the coin forum should have a searchable thread for future reference*. There were also some non-productive tangents re: photography that detracted from that thread. I have recently conversed with an expert who has intimate knowledge of the coins, and he provided me with some additional information and insight.
Many of the coins have upgraded from the prior 8-10 year old (or even older) PCGS grades as NGC has recently regraded and holdered the set. As I argued that the NGC grades were "looser", the counterargument is that the PCGS grades might have been "too tight", and either argument can be effectively made and never sufficiently resolved. What is indisputable is that these coins are the finest of the finest of Dahlonega coins, with many pedigreed into the early 20th century, and some even traceable back to the late 1800's. Nearly all coins have been held in major named collections of both specialists and generalists. Unlike some of the Duke's Creek $1's and $2.50's, these coins have not been mistreated. Suffice to say, if I were forunate enough to have $1.75M to spend on coins, I would buy this collection in a heartbeat.
Link to Duke's Creek $5 collection
Who wouldn't want to own this Bad Boy?
(* I was also annoyed that joebb beat me to the punch on a major Dahlonega gold news story)
Many of the coins have upgraded from the prior 8-10 year old (or even older) PCGS grades as NGC has recently regraded and holdered the set. As I argued that the NGC grades were "looser", the counterargument is that the PCGS grades might have been "too tight", and either argument can be effectively made and never sufficiently resolved. What is indisputable is that these coins are the finest of the finest of Dahlonega coins, with many pedigreed into the early 20th century, and some even traceable back to the late 1800's. Nearly all coins have been held in major named collections of both specialists and generalists. Unlike some of the Duke's Creek $1's and $2.50's, these coins have not been mistreated. Suffice to say, if I were forunate enough to have $1.75M to spend on coins, I would buy this collection in a heartbeat.
Link to Duke's Creek $5 collection
Who wouldn't want to own this Bad Boy?
(* I was also annoyed that joebb beat me to the punch on a major Dahlonega gold news story)
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Comments
<< <i>Are there archives available for the 2004 sale? >>
If you are referring to the sale of the $1's and $2.50's, they were sold in a Heritage spring ANA sale in April, 2006.
<< <i>
<< <i>Are there archives available for the 2004 sale? >>
If you are referring to the sale of the $1's and $2.50's, they were sold in a Heritage spring ANA sale in April, 2006. >>
I know about that sale, but I was referring to the 2004 sale as I want to compare the coins in 2004 and 2012.
The 2006 and 2004 sale had different NGC cert numbers.
The 2012 and 2004 sale have the same NGC cert numbers. Between 2004 and 2012, of the 4 coins I was able to match, NGC gave one a * while the other three had identical grades.
I was hoping Mid-American Rare Coin Gallery would have the 2004 archives because they handled the 2004 sale and are now running the 2012 sale.
Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners.
sigh.
Latin American Collection
<< <i>It's well known that these coins have been conserved. Darn shame! >>
I am not sure that to be true for the Half Eagles but I could be wrong. What someone did to the dollars was just awful. With that said, I do believe RYK was high bidder on the 57-D dollar back in 2006. Pedigreed to Eliasberg and unmolested if memory serves me correctly.
Joseph J. Singleton - First Superintendent of the U.S. Branch Mint in Dahlonega Georgia
Findley Ridge Collection
About Findley Ridge
It's been 4.5 years since this post.
The set still looks like it's available.
Has it been sold yet?
It seems like they are selling them 1 coin at a time. The set originally had 27 coins and 12 are still available.
The price was $1,7 million dolllars when I saw that Dahlonega $5 set at the 2013 FUN show. There were still some great coins in it, but my comment about seeking professional grading advice applied to several pieces that had been messed up in my opinion by "conservation efforts." As Boosibri said, "Darn shame!"
Why are you putting words in my mouth?
Anyone know why this collection was graded exclusively by NGC?
The frank answer is some misguided soul thought that "conserving" the coins and shipping them to NGC to get higher grades would enhance the value. That strategy took them in the opposite direction.
Too bad about the 'conserved' gold coins.... such a shame.... I am a gold coin lover, but some sins are not forgivable.... Cheers, RickO
I remember when the Al Adams Gold rush collection came up for sale. I happen to be in auction lot viewing that day looking at John Hugons Barbers. I remember thinking how the barber's for the most part were maxed out and upgraded to the kilt before the sae, but the old green gold from the g rush sale was unmolested, extremely nice and undergraded by large margins in some cases. I was not into gold at the time, but darn they were nice compared to the holdered grades on the other stuff in auction. I had herd from some folks later that some of those coins upgraded a ton.