It was a baaaaad week for coins, Feb LB 1982. I was offered this, as was everyone else, at $37,500.
- . . . I didn't. I had the money, but it was a very very scary week. Ask your grandpa, maybe he has some of his own stories to tell
There's another same grade from either Foxfire (1) or Knoxville (2). I saw very briefly under bad light the day after Contursi bought the deal. It was later offered by CAMI at about $1,100,000. I saw it again when it sold for maybe $690,000 at a Superior sale in maybe 2007. IIRC it seemed more washed out. Maybe it just made me feel old and I took it out on the coin
It's possible I've idealized the Hood/Spencer coin. The first proof Bust $1 I'd ever seen. The depth of the mirrors and cameo were what got me. This coin looks less fresh than I remember, but still pretty damn good. And better than the other(s) above if I've conflated them. On the other hand, I was such a virgin on dipping AND proof Bust $1's (and any unc bust $1's) at the time that....
IIRC
Feldini, any help on this?
"People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf." - Geo. Orwell
FWIW, the Knoxville 1803 proof was and still is the most amazing example of all the novodel proofs that I have seen. For a while it was in the private collection of a major tpg principal - may still be.
When I was 16ish. Hugh Sconyers, showed me two. They were PCGS PR64 and 65. I recall just being in awe viewing two proof Bust Dollars at the same time. I fully appreciated it. I spend 10 mins looking at them. Both were on the darker side. I remember trying to figure out why 65 versus 64. The 64 was darker and had a bad short scratch on or near the shield on the reverse. I do not remember the dates, but I think 1802 and 1803. Neat Coins. Probably only 100k coins. Boy, what a million could buy back then!
It gets better.....now I remember that Hugh had just bought the Dexter 1804 Dollar for 990k. He let me look at that too.....so thats technically three Proof Bust Dollars in a few minutes!
Hugh had stacks of graded Gem Proof Gold in his case. Yes, stacks. Among other things.
It sold in a 1978 Stack's sale for $42,000 and had a listed prices realized of $50,600 at a March 1982 New England Rare Coin Auctions sale. Vaguely recall a Coin World article about it being offered or sold for around $95,000 in 1980 or 81 by one of the major firms.
"To Be Esteemed Be Useful" - 1792 Birch Cent --- "I personally think we developed language because of our deep need to complain." - Lily Tomlin
Little bit of arcane numismatic knowledge there that really dates these as fantasy pieces. They were struck on trade dollar planchets dating them to 1874-77 when there wouldn't be any 412 grain slugs around and they ended up using 420 grain planchets from trade dollars.
<< <i>Here is another picture of the same coin that shows the mirror flash a bit more. It comes from here, though doesn't say the pedigree of the coin:
It sold in a 1978 Stack's sale for $42,000 and had a listed prices realized of $50,600 at a March 1982 New England Rare Coin Auctions sale. Vaguely recall a Coin World article about it being offered or sold for around $95,000 in 1980 or 81 by one of the major firms.
>>
That's the coin I remember
"People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf." - Geo. Orwell
Comments
Hoard the keys.
and it sets us apart from practitioners and consultants. Gregor
There's another same grade from either Foxfire (1) or Knoxville (2). I saw very briefly under bad light the day after Contursi bought the deal. It was later offered by CAMI at about $1,100,000. I saw it again when it sold for maybe $690,000 at a Superior sale in maybe 2007. IIRC it seemed more washed out. Maybe it just made me feel old and I took it out on the coin
It's possible I've idealized the Hood/Spencer coin. The first proof Bust $1 I'd ever seen. The depth of the mirrors and cameo were what got me. This coin looks less fresh than I remember, but still pretty damn good. And better than the other(s) above if I've conflated them. On the other hand, I was such a virgin on dipping AND proof Bust $1's (and any unc bust $1's) at the time that....
IIRC
Feldini, any help on this?
When I was 16ish. Hugh Sconyers, showed me two. They were PCGS PR64 and 65. I recall just being in awe viewing two proof Bust Dollars at the same time. I fully appreciated it. I spend 10 mins looking at them. Both were on the darker side. I remember trying to figure out why 65 versus 64. The 64 was darker and had a bad short scratch on or near the shield on the reverse. I do not remember the dates, but I think 1802 and 1803. Neat Coins. Probably only 100k coins. Boy, what a million could buy back then!
It gets better.....now I remember that Hugh had just bought the Dexter 1804 Dollar for 990k. He let me look at that too.....so thats technically three Proof Bust Dollars in a few minutes!
Hugh had stacks of graded Gem Proof Gold in his case. Yes, stacks. Among other things.
Thanks for posting the coin.
Here is another picture of the same coin that shows the mirror flash a bit more. It comes from here, though doesn't say the pedigree of the coin:
http://www.coinsite.com/content/coinpics/1801BU$.asp
It sold in a 1978 Stack's sale for $42,000 and had a listed prices realized of $50,600 at a March 1982 New England Rare Coin Auctions sale. Vaguely recall a Coin World article about it being offered or sold for around $95,000 in 1980 or 81 by one of the major firms.
"To Be Esteemed Be Useful" - 1792 Birch Cent --- "I personally think we developed language because of our deep need to complain." - Lily Tomlin
<< <i>Nice!
Agree....very nice.
I'm going to go out on a limb here and say, "I bet it looks better in hand."
Coin Club Benefit auctions ..... View the Lots
and maybe a few more nights this week.
bob
<< <i>It's a rather cool trade dollar.
Little bit of arcane numismatic knowledge there that really dates these as fantasy pieces. They were struck on trade dollar planchets dating them to 1874-77 when there wouldn't be any 412 grain slugs around and they ended up using 420 grain planchets from trade dollars.
Knowning is half the battle
Thanks for sharing.
<< <i>Here is another picture of the same coin that shows the mirror flash a bit more. It comes from here, though doesn't say the pedigree of the coin:
http://www.coinsite.com/content/coinpics/1801BU$.asp
It sold in a 1978 Stack's sale for $42,000 and had a listed prices realized of $50,600 at a March 1982 New England Rare Coin Auctions sale. Vaguely recall a Coin World article about it being offered or sold for around $95,000 in 1980 or 81 by one of the major firms.
That's the coin I remember
I think I'll sleep on it tonight..