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The Cardinal 1794 $1 PCGS Specimen-66 just sold for $10,016,875!.

I am here at the sale as I type this. The coin opened at $2.2 million and just sold for $8,525,000 hammer!

And no... HLRC did not buy it!

Oh, and for those who are curious, the 1792 Half Disme in NGC MS68 opened at $800,000 sold for $1,145,625. all-in.
Please visit Dave Wnuck Numismatics LLC at DaveWcoins.com
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Comments

  • SethChandlerSethChandler Posts: 1,720 ✭✭✭✭
    Strange bidding, it was bid to 5mm and change and then the monster bid came in at 8.5mm. A 3mm jump in one bid?

    Edited to add, one of my all time fav coins and a big congrats to Martin!
    Collecting since 1976.
  • MrEurekaMrEureka Posts: 24,419 ✭✭✭✭✭
    That's going to make a helluva headline. Congrats to ML and SB!
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • roadrunnerroadrunner Posts: 28,313 ✭✭✭✭✭
    The SP67 brought 23% more than the 68. Another off day for white plastic.
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • LanceNewmanOCCLanceNewmanOCC Posts: 19,999 ✭✭✭✭✭
    .
    so this coin has broken the coin auction record 2x now right?

    and also by auction standards is the most valuable coin in the world?
    .

    <--- look what's behind the mask! - cool link 1/NO ~ 2/NNP ~ 3/NNC ~ 4/CF ~ 5/PG ~ 6/Cert ~ 7/NGC 7a/NGC pop~ 8/NGCF ~ 9/HA archives ~ 10/PM ~ 11/NM ~ 12/ANACS cert ~ 13/ANACS pop - report fakes 1/ACEF ~ report fakes/thefts 1/NCIS - Numi-Classes SS ~ Bass ~ Transcribed Docs NNP - clashed coins - error training - V V mm styles -

  • SmEagle1795SmEagle1795 Posts: 2,199 ✭✭✭✭✭


    << <i>Strange bidding, it was bid to 5mm and change and then the monster bid came in at 8.5mm. A 3mm jump in one bid?
    >>



    Indeed... does anyone have insight into this?
    Learn about our world's shared history told through the first millennium of coinage: Colosseo Collection
  • epcjimi1epcjimi1 Posts: 3,489 ✭✭✭
    Final Bid: $10,016,875*

    Heck of a BP, Wow!
  • keyman64keyman64 Posts: 15,543 ✭✭✭✭✭
    WOW!
    "If it's not fun, it's not worth it." - KeyMan64
    Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners. :smile:
  • Congrats, TDN!

    merse

  • roadrunnerroadrunner Posts: 28,313 ✭✭✭✭✭
    Word's out? If TDN is the new owner, then congrats! I know he always admired this coin from way back. And in my mind the Child's 1804 and the SP66 1794 are the 2 biggies
    of the silver coins. I'd place them well ahead of any 94-s dime or 1913 Lib nickel. But that's just me. Bigger is better. Once a dollar man, always a dollar man. Nice addition to the type set/box of 20 if he was able to snare it.
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • MacCrimmonMacCrimmon Posts: 7,058 ✭✭✭
    Headline reads:


    Bruce Spills Ten Mil



    Congrats!


  • << <i>Word's out? If TDN is the new owner, then congrats! I know he always admired this coin from way back. And in my mind the Child's 1804 and the SP66 1794 are the 2 biggies
    of the silver coins. I'd place them well ahead of any 94-s dime or 1913 Lib nickel. But that's just me. Bigger is better. Once a dollar man, always a dollar man. Nice addition to the type set/box of 20 if he was able to snare it. >>



    What's your opinion on the 1822 $5?
  • TomBTomB Posts: 22,090 ✭✭✭✭✭
    Wow!
    Thomas Bush Numismatics & Numismatic Photography

    In honor of the memory of Cpl. Michael E. Thompson

    image
  • roadrunnerroadrunner Posts: 28,313 ✭✭✭✭✭


    << <i>What's your opinion on the 1822 $5? >>



    Not as iconic as the best of breed 1804 or 1794 dollars. I might think differently if one survived in choice/gem unc, but that's not the case as far as I recall.
    A great coin in its own right. Also on the small size when compared to the dollars. That would always hold it back somewhat. Presentation counts, and therefore
    size matters, sometimes well over rarity.
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • orevilleoreville Posts: 12,149 ✭✭✭✭✭
    StacksBowers was really celebrating big time.

    This was a nice moment for them.
    A Collectors Universe poster since 1997!
  • tradedollarnuttradedollarnut Posts: 20,205 ✭✭✭✭✭


    << <i>StacksBowers was really celebrating big time.

    This was a nice moment for them. >>



    Good. I owed Chris Karstedt from way back. There's no nicer person in the biz.
  • tradedollarnuttradedollarnut Posts: 20,205 ✭✭✭✭✭
    I would like to add my heartfelt congratulations to Martin (Cardinal). He really is a fleur d coin collector and beyond that a true numismatist. I could not do the research that he does on his passions - I admire that.
  • LogPotatoLogPotato Posts: 2,177 ✭✭✭✭
    I feel like I'm going to be charged 10k just to respond to this thread, but congrats to TDN. A dream coin come true for you!
  • bidaskbidask Posts: 14,029 ✭✭✭✭✭
    TDN.....big congrats to you on the purchase.

    Hope you can put it away for some time.

    I think that coin is worth upwards 15-20 million.image
    I manage money. I earn money. I save money .
    I give away money. I collect money.
    I don’t love money . I do love the Lord God.




  • blu62vetteblu62vette Posts: 11,945 ✭✭✭✭✭
    Very Nice TDN!!
    http://www.bluccphotos.com" target="new">BluCC Photos Shows for onsite imaging: Nov Baltimore, FUN, Long Beach http://www.facebook.com/bluccphotos" target="new">BluCC on Facebook
  • seanqseanq Posts: 8,735 ✭✭✭✭✭


    << <i>Strange bidding, it was bid to 5mm and change and then the monster bid came in at 8.5mm. A 3mm jump in one bid?
    >>




    I think the unusual bidding pattern was Bruce trying to fix the "guess the PR" give-away contest. image


    Sean Reynolds
    Incomplete planchets wanted, especially Lincoln Cents & type coins.

    "Keep in mind that most of what passes as numismatic information is no more than tested opinion at best, and marketing blather at worst. However, I try to choose my words carefully, since I know that you guys are always watching." - Joe O'Connor
  • tradedollarnuttradedollarnut Posts: 20,205 ✭✭✭✭✭
    The jump was intended. Once we ascertained that we were up against the Pogues, the strategy was to ensure that we shock and awed them. As it turns out, the most we were high were one increment - and it's worth one increment to be the first to break $10M

    You don't beat the Pogues by being nambie pambies
  • RYKRYK Posts: 35,800 ✭✭✭✭✭
    Congrats to the Legend team for securing arguably the most important coin in US numismatic history!
  • stealerstealer Posts: 4,035 ✭✭✭✭
    Congrats TDN, most of us can only dream of owning something of that magnitude. image
  • sniocsusniocsu Posts: 1,291 ✭✭✭
    Congrats! Such an incredible coin...
  • roadrunnerroadrunner Posts: 28,313 ✭✭✭✭✭
    I guess the Pogues didn't read Legend's playbook about stretching for the "good ones."

    With Dave Akers having passed away, who is the new numismatic expert behind the Pogues?
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • adamlaneusadamlaneus Posts: 6,969 ✭✭✭
    if it were gold it would be worth more
  • tradedollarnuttradedollarnut Posts: 20,205 ✭✭✭✭✭


    << <i>if it were gold it would be worth more >>



    If it were gold, I wouldn't want it. image
  • adamlaneusadamlaneus Posts: 6,969 ✭✭✭
    Ooh. Interesting

    image
    image

    Somehow I feel that it looks far different in hand. Flashy and shiny. These photos may not capture the coin at its best.

    There are some good photographers on this forum. Perhaps you can arrange one of those photo contests where the coin is shipped around and the person who takes the best photo wins?
    Cuz this coin should be shared with the world.
  • adamlaneusadamlaneus Posts: 6,969 ✭✭✭
    well, if you are not comfortable with it being cracked out of the slab for photography purposes, i guess you shouldn't send it around. oh well.

    interesting history.
  • LakesammmanLakesammman Posts: 17,461 ✭✭✭✭✭
    Great coin for so many reasons - congrats to all involved parties! image
    "My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose, Cardinal.
  • Batman23Batman23 Posts: 5,001 ✭✭✭✭✭


    << <i>The jump was intended. Once we ascertained that we were up against the Pogues, the strategy was to ensure that we shock and awed them. As it turns out, the most we were high were one increment - and it's worth one increment to be the first to break $10M

    You don't beat the Pogues by being nambie pambies >>



    Congrats TDN!

    Very nice coin.

    Very cool record. You will be #1 in the Redbook Auction Prices section next year!

    Just the buyers fee alone was almost $1.5 millionimage
  • MikeInFLMikeInFL Posts: 10,188 ✭✭✭✭
    Congrats TDN!

    Tell me, is this the first $10M coin?
    Collector of Large Cents, US Type, and modern pocket change.
  • adamlaneusadamlaneus Posts: 6,969 ✭✭✭
    to put this in perspective, for me anyway...

    that coin is worth about 407 avoirdupois pounds of gold.

    my oh my.



    please tell me there is no sales tax.
  • Billet7Billet7 Posts: 4,923 ✭✭✭
    Shock and awe is right. As a guy from the sidelines I'm very pleased with the outcome. Congrats.
  • SmEagle1795SmEagle1795 Posts: 2,199 ✭✭✭✭✭
    tdn: are you planning on making a set of early dollars now or will this piece stand on its own? Congratulations on your win!
    Learn about our world's shared history told through the first millennium of coinage: Colosseo Collection
  • lkeigwinlkeigwin Posts: 16,893 ✭✭✭✭✭
    Cripes. The price is astounding but the coin is incredible and of unparalleled historic significance.

    Huge congrats, TDN.
    Lance.
  • stephunterstephunter Posts: 2,324 ✭✭✭
    Its no Jefferson nickel, but I guess to each their own.image
  • SwampboySwampboy Posts: 13,112 ✭✭✭✭✭


    Congratulations TDN.
    What a magnificent piece of history to won. image

    "Inspiration exists, but it has to find you working" Pablo Picasso

  • DDRDDR Posts: 1,629 ✭✭✭✭✭
    Congrats, TDN!
  • JustacommemanJustacommeman Posts: 22,852 ✭✭✭✭✭
    Bruce

    1) What is the incremental bid at 5 million? I would look myself but the Stack's site makes my a nervous wreck

    2) Are there cut bids at this level? Were they used/exhausted?

    3) What would you have done if the Pogues bid over the top of you?

    Just wow. What a coin

    MJ

    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......
  • LochNESSLochNESS Posts: 4,829 ✭✭✭
    As the saying goes, good fortune is all about being prepared so when moments arise you can perform.

    I'm not too proud to admit this [auctions] is a world I know nothing about. However I do know a heck of a lot about performing when it's crunch time, and preparation, being a full-time musician. It is obvious to me that Bruce aka TDN has done a ton of prep and has now reaped the grand prize for all that hard labour and countless hours devoted to this great hobby.

    Hearty mazel-tov, Bruce on your awesome NEWP
    ANA LM • WBCC 429

    Amat Colligendo Focum

    Top 10FOR SALE

    image
  • cheezhedcheezhed Posts: 6,011 ✭✭✭✭✭
    Rarified.
    Many happy BST transactions
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,621 ✭✭✭✭✭
    Freaks me out !!!
    It used to be only a woman could do that.
  • morgansforevermorgansforever Posts: 8,485 ✭✭✭✭✭
    Is the BP included in the $10,016,875 final bid? Is it 10%? Congrats to the winning bidder/party.
    World coins FSHO Hundreds of successful BST transactions U.S. coins FSHO
  • That is an amazing coin!! Where would a coin like that be kept at?I would not feel secure even in a Safety deposit box.
  • ElmerFusterpuckElmerFusterpuck Posts: 4,801 ✭✭✭✭✭
    Looks almost as good as my gallery Mint example! image Congrats for getting an awesome coin!!!
  • shylockshylock Posts: 4,288 ✭✭✭
    Congrats TDNimage A new centerpiece for a collection filled with centerpiece coins!
  • DHeathDHeath Posts: 8,472 ✭✭✭
    Congratulations. That is the coin I would buy if I had the money.
    Developing theory is what we are meant to do as academic researchers
    and it sets us apart from practitioners and consultants. Gregor
  • orevilleoreville Posts: 12,149 ✭✭✭✭✭


    << <i> Freaks me out !!! It used to be only a woman could do that. >>



    Yea well, why do you think TDN had Laura do the hard work of putting in that bid??? image

    Laura sat all the way back in the bidding room as opposed to her normal position much closer to the front of the room. But today with the wireless computer bidding who needs to be in the front?

    Oh well, this time I sat near the front with my 27 year old daughter who FINALLY sat through an auction with me. This was done so she could see the auction process from the auctioneer's perspective.



    A Collectors Universe poster since 1997!
  • tradedollarnuttradedollarnut Posts: 20,205 ✭✭✭✭✭
    Thanks everyone! This is the best article that I can find so far

    Coin Week

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