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The official "I feel sick after the Newman Sale" thread.

I wound-up getting four items, in each case it was at my ABSOLUTE high bid. NUCLEAR in some cases, you know the kind of high bid that you never would have imagined anyone bidding against.

I'm probably going to be buried in my coins for a while!

Anyone else feel a little nauseous?

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Comments

  • AnkurJAnkurJ Posts: 11,370 ✭✭✭✭
    Since I didn't win much, I'm good. Somehow I don't think you'll be buried for too long.
    All coins kept in bank vaults.
    PCGS Registries
    Box of 20
    SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
  • MoldnutMoldnut Posts: 3,113 ✭✭✭✭
    No, but show us what you wonimage
    Derek

    EAC 6024
  • SeattleSlammerSeattleSlammer Posts: 10,069 ✭✭✭✭✭
    As is usually the case with such high profile auctions...most bidders went nuclear. Great pieces deserve it.
  • CoinRaritiesOnlineCoinRaritiesOnline Posts: 3,681 ✭✭✭✭
    I feel pretty good. Still a bunch of bids left too -
  • Billet7Billet7 Posts: 4,923 ✭✭✭
    First off I would like to say that I was VERY determined to get a few Newman coins!

    This first one was probably a bone-head move on my part. I kept getting outbid on everything so I picked a coin that was cheap and went all in. It's not particularly attractive, but it seems fairly original and has both pedigrees and the CAC sticker...so I guess there's that!
    Half Dime

    This one seemed fairly reasonable to me, overpriced still, but something I was OK stomaching, not the best strike, but pretty. I only hope it looks as nice in hand. Also carries both pedigrees and CAC.
    Seated Dime

    This one makes me a little sick. The only coin I was interested in that fit into my core collection. I was thinking I would have to pay more than double price-guide for this one, but since I had to take my family out for the evening I put in a VERY high bid and left for the evening, and now I have to pay for it! Roughly $225 for a $75 dollar coin. Not overly attractive, but I do really like the originality and the fact that it's got both pedigrees and CAC...but DANG!
    Seated Quarter

    And the last one, by FAR the most expensive one. It appears to be the highest hammer for a common Reeded Edge half in AU that auctioned off tonight. Again I was out for the evening so I put in a high bid, and it went all the way up to my max. In retrospect I might have gone for one of the others in the group, even though I sincerely think this one is the nicest of the group, I'm not sure it was nice enough to merit the additional money...I guess I'll see when it comes. It is virtually mark-free and nicely original. Also double pedigreed and CAC.
    Reeded Half
  • kimber45ACPkimber45ACP Posts: 2,399 ✭✭✭
    I wouldn't call that being buried.
    Nice coins.
  • AnkurJAnkurJ Posts: 11,370 ✭✭✭✭
    You call it buried, I call it ankle deep.

    If you want to sell the bust half, I would gladly give you a profit for what its worth.
    All coins kept in bank vaults.
    PCGS Registries
    Box of 20
    SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
  • tradedollarnuttradedollarnut Posts: 20,237 ✭✭✭✭✭


    << <i>First off I would like to say that I was VERY determined to get a few Newman coins!

    This first one was probably a bone-head move on my part. I kept getting outbid on everything so I picked a coin that was cheap and went all in. It's not particularly attractive, but it seems fairly original and has both pedigrees and the CAC sticker...so I guess there's that!
    Half Dime

    This one seemed fairly reasonable to me, overpriced still, but something I was OK stomaching, not the best strike, but pretty. I only hope it looks as nice in hand. Also carries both pedigrees and CAC.
    Seated Dime

    This one makes me a little sick. The only coin I was interested in that fit into my core collection. I was thinking I would have to pay more than double price-guide for this one, but since I had to take my family out for the evening I put in a VERY high bid and left for the evening, and now I have to pay for it! Roughly $225 for a $75 dollar coin. Not overly attractive, but I do really like the originality and the fact that it's got both pedigrees and CAC...but DANG!
    Seated Quarter

    And the last one, by FAR the most expensive one. It appears to be the highest hammer for a common Reeded Edge half in AU that auctioned off tonight. Again I was out for the evening so I put in a high bid, and it went all the way up to my max. In retrospect I might have gone for one of the others in the group, even though I sincerely think this one is the nicest of the group, I'm not sure it was nice enough to merit the additional money...I guess I'll see when it comes. It is virtually mark-free and nicely original. Also double pedigreed and CAC.
    Reeded Half >>



    Honestly, if you didn't view these in hand then you were just throwing money away. Most Newman examples had better coins available on the bourse floor cheaper.
  • CoinRaritiesOnlineCoinRaritiesOnline Posts: 3,681 ✭✭✭✭
    The bust half is nice. I was an underbidder on that one. In that run of RE bust halves in the internet session, that was only one I liked.
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  • rec78rec78 Posts: 5,885 ✭✭✭✭✭


    << <i>

    << <i>First off I would like to say that I was VERY determined to get a few Newman coins!

    This first one was probably a bone-head move on my part. I kept getting outbid on everything so I picked a coin that was cheap and went all in. It's not particularly attractive, but it seems fairly original and has both pedigrees and the CAC sticker...so I guess there's that!
    Half Dime

    This one seemed fairly reasonable to me, overpriced still, but something I was OK stomaching, not the best strike, but pretty. I only hope it looks as nice in hand. Also carries both pedigrees and CAC.
    Seated Dime

    This one makes me a little sick. The only coin I was interested in that fit into my core collection. I was thinking I would have to pay more than double price-guide for this one, but since I had to take my family out for the evening I put in a VERY high bid and left for the evening, and now I have to pay for it! Roughly $225 for a $75 dollar coin. Not overly attractive, but I do really like the originality and the fact that it's got both pedigrees and CAC...but DANG!
    Seated Quarter

    And the last one, by FAR the most expensive one. It appears to be the highest hammer for a common Reeded Edge half in AU that auctioned off tonight. Again I was out for the evening so I put in a high bid, and it went all the way up to my max. In retrospect I might have gone for one of the others in the group, even though I sincerely think this one is the nicest of the group, I'm not sure it was nice enough to merit the additional money...I guess I'll see when it comes. It is virtually mark-free and nicely original. Also double pedigreed and CAC.
    Reeded Half >>



    Honestly, if you didn't view these in hand then you were just throwing money away. Most Newman examples had better coins available on the bourse floor cheaper. >>



    image

    In the long run however, the pedigrees may eventually save you.
    image
  • Billet7Billet7 Posts: 4,923 ✭✭✭


    << <i>The bust half is nice. I was an underbidder on that one. In that run of RE bust halves in the internet session, that was only one I liked. >>



    Were you able to see it in hand?

    TDN, I let John do the in-hand-viewing for me (CAC.) And you're absolutely right, I could find any one of these coins cheaper, I didn't buy any of these coins just for the coin. I believe it is an important event in numismatics and I paid to be a part of it. What I buy is fairly pedestrian, for me to travel to NY and buy less than $1500 dollars worth of coins is not wise IMHO. If I did my coins would cost significantly more since I would have to include travel and lodging expenses into the equation.
  • tradedollarnuttradedollarnut Posts: 20,237 ✭✭✭✭✭
    I understand what you are saying. Do realize that there are variances in a CAC grade and when you bid blind you almost always end up with the lower end 'properly graded' B coins rather than the A coins. Stretching on B coins is a killer....
  • CoinRaritiesOnlineCoinRaritiesOnline Posts: 3,681 ✭✭✭✭


    << <i>

    << <i>The bust half is nice. I was an underbidder on that one. In that run of RE bust halves in the internet session, that was only one I liked. >>



    Were you able to see it in hand? >>



    Yes. There was a huuuuuge difference in quality in hand, in coins of the same grade, and among the CACed coins. The images on line generally looked attractive, but in hand a lot of things were lifeless and dull and borderline environmental damage in my opinion.
  • I paid $160 for a $50 coin. I was placing some proxy bids and when I went back to live auction I thought it was on a coin I wanted to bid on and at a price I was willing to pay so I click. Then realized it is not a coin I wanted to bid on and as a matter of fact I had looked at this coin earlier and decided I wouldn't bid, for about 10 seconds I was hoping to get out bid. I was doing so well up to that screw up. I had bid on about a dozen coins and didn't get any, I refused to chase them. My $100 donation to Heritage is all their getting from me and my bidding came to an end at that point.
  • Billet7Billet7 Posts: 4,923 ✭✭✭


    << <i>I understand what you are saying. Do realize that there are variances in a CAC grade and when you bid blind you almost always end up with the lower end 'properly graded' B coins rather than the A coins. Stretching on B coins is a killer.... >>



    Point taken, and I fully agree. Where it is helpful to me is that it mimimizes the possibility of overstretching with an "A" price on something that's a "C" coin (or worse.) There's a good chance this auction will become a learning situation. This really is my first experience in buying coins from a highly touted major collection.
  • Billet7Billet7 Posts: 4,923 ✭✭✭


    << <i>

    << <i>

    << <i>The bust half is nice. I was an underbidder on that one. In that run of RE bust halves in the internet session, that was only one I liked. >>



    Were you able to see it in hand? >>



    Yes. There was a huuuuuge difference in quality in hand, in coins of the same grade, and among the CACed coins. The images on line generally looked attractive, but in hand a lot of things were lifeless and dull and borderline environmental damage in my opinion. >>



    Thanks. You saying that takes a load of worry off my mind, if you liked it, I'm sure I will think the same.
  • hchcoinhchcoin Posts: 4,837 ✭✭✭✭✭
    No need to feel sick. People spend that much money on vacations every year and have nothing but memories to show for it afterwards. You have some nice coins with a cool pedigree and some green stickers to boot. I spent that much the last time I flew my family to an ANA show just on travel costs and food.

    I like the seated dime.
  • CoinJunkieCoinJunkie Posts: 8,772 ✭✭✭✭✭
    The only point I'll make is that I probably would have used that money to go there and
    view the entire auction rather than purchasing some coins sight unseen, particularly if
    they weren't core coins for your collection. But I realize everyone has their own set of
    priorities.

    I'm a bit surprised you didn't ask someone on the boards to view them in hand and give
    you a personal report. I'm sure a lot of folks would have done it for nothing...
  • mrpotatoheaddmrpotatoheadd Posts: 7,576 ✭✭✭


    << <i>I wound-up getting four items, in each case it was at my ABSOLUTE high bid. NUCLEAR in some cases, you know the kind of high bid that you never would have imagined anyone bidding against. >>

    Too bad it wasn't on eBay, where you could file a SNAD claim if you decided after the fact that you overpaid and then get your money back.
  • RYKRYK Posts: 35,800 ✭✭✭✭✭
    I think I would have felt sicker if I purchased more of the coins. Like a hangover. image
  • MilkmanDanMilkmanDan Posts: 3,763 ✭✭✭✭✭
    I feel great as someone out there saved me a bunch of money tonight. Not in the "I bought a coin for cheap" kind of way, more in the "I was about to pay 2x retail and someone else decided to pay 3x" kind of way.
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  • << <i>

    << <i>I feel great as someone out there saved me a bunch of money tonight. Not in the "I bought a coin for cheap" kind of way, more in the "I was about to pay 2x retail and someone else decided to pay 3x" kind of way. >>



    How rare would you say is the 1876-s large S II/II, imho if pcgs price guide is $450 and as Crypto says it can be cherried, isn't $2100+ more than 3x? >>



    Well price guide is around 700 for PCGS trades in 58 and 2nd 2100 reeks of a blown up nuke bid and IMO would be impossible to replicate in a retail setting. Also should note it looks like a pcgs 55 to these eyes
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  • AnkurJAnkurJ Posts: 11,370 ✭✭✭✭
    image
    All coins kept in bank vaults.
    PCGS Registries
    Box of 20
    SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
  • MilkmanDanMilkmanDan Posts: 3,763 ✭✭✭✭✭


    << <i>

    << <i>Well price guide is around 700 for PCGS trades in 58 and 2nd 2100 reeks of a blown up nuke bid and IMO would be impossible to replicate in a retail setting. Also should note it looks like a pcgs 55 to these eyes >>



    Crypto,
    did you see it in hand? >>



    Assuming you bought it, did you?
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  • MilkmanDanMilkmanDan Posts: 3,763 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>

    << <i>Well price guide is around 700 for PCGS trades in 58 and 2nd 2100 reeks of a blown up nuke bid and IMO would be impossible to replicate in a retail setting. Also should note it looks like a pcgs 55 to these eyes >>



    Crypto,
    did you see it in hand? >>



    Assuming you bought it, did you? >>



    I bought an au55 from Rich Uhrich a couple of months ago, and I asked you what the exact rarity is and Crypto if he saw it in hand, neither question was answered, you asking me somethin? >>



    Ok, never mind my previous question. I'm more interested in how exactly one determines "the exact rarity" for a trade dollar or any coin for that matter. Please do tell.
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  • WalkerfanWalkerfan Posts: 9,785 ✭✭✭✭✭
    I agree with TDN about finding BETTER examples for cheaper.

    A few Walker coins that I was interested in but did not bid on were-

    1919 P 66---went for 16K. The coin had GREAT color but the images were a little juiced. It was too abraded IMO to be a 66 but it still had some good luster left. I'd rather have a nice 65 for less than half the price.

    1935 MS 65---went for around 250. That would have been a good price but the coin looked dull to me.

    1944 MS 66---great strike, luster, surfaces and color but that price was nuclear for the---940 bucks----just not worth it. The price for a problem free 66 is only about 150-175, so I was not gonna pay that much.

    Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍

    My Full Walker Registry Set (1916-1947):

    https://www.ngccoin.com/registry/competitive-sets/16292/

  • MilkmanDanMilkmanDan Posts: 3,763 ✭✭✭✭✭


    << <i> If you add my example from Rich Uhrich and Mr Newman's and the countless others out there just waiting to be discovered, I was wondering just how rare is it since Crypto calls it in his registry "very rare". You obviously thought enough of it to bid 2x retail so you must have an opinion as to its rarity like Crypto does. Simple question image >>



    Well let's see, if there are countless others out there just waiting to be discovered, I would say it's not that rare.
  • CoinCastCoinCast Posts: 511 ✭✭✭


    << <i>I agree with TDN about finding BETTER examples for cheaper.

    A few Walker coins that I was interested in but did not bid on were-

    1919 P 66---went for 16K. The coin had GREAT color but the images were a little juiced. It was too abraded IMO to be a 66 but it still had some good luster left. I'd rather have a nice 65 for less than half the price.

    1935 MS 65---went for around 250. That would have been a good price but the coin looked dull to me.

    1944 MS 66---great strike, luster, surfaces and color but that price was nuclear for the---940 bucks----just not worth it. The price for a problem free 66 is only about 150-175, so I was not gonna pay that much. >>



    I had the same feelings about the walkers I was looking at and actually most the coins. Either they were nice, but overpriced or not A/B coins. I was looking at lower end items though. I did end up with a 3 cent nickel, which I am happy with what I paid for it and the coin is probably a B coin. I was a little sick at first, because I thought I might of overpaid and it was not a coin I researched before hand. Since it is the only coin I won, I feel ok about it and feel lucky I managed to win something without paying moon money.

    Partner @Gold Hill Coin

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  • WalkerfanWalkerfan Posts: 9,785 ✭✭✭✭✭


    << <i>

    << <i>I agree with TDN about finding BETTER examples for cheaper.

    A few Walker coins that I was interested in but did not bid on were-

    1919 P 66---went for 16K. The coin had GREAT color but the images were a little juiced. It was too abraded IMO to be a 66 but it still had some good luster left. I'd rather have a nice 65 for less than half the price.

    1935 MS 65---went for around 250. That would have been a good price but the coin looked dull to me.

    1944 MS 66---great strike, luster, surfaces and color but that price was nuclear for the---940 bucks----just not worth it. The price for a problem free 66 is only about 150-175, so I was not gonna pay that much. >>



    I had the same feelings about the walkers I was looking at and actually most the coins. Either they were nice, but overpriced or not A/B coins. I was looking at lower end items though. I did end up with a 3 cent nickel, which I am happy with what I paid for it and the coin is probably a B coin. I was a little sick at first, because I thought I might of overpaid and it was not a coin I researched before hand. Since it is the only coin I won, I feel ok about it and feel lucky I managed to win something without paying moon money. >>



    Well, at least you can say that you walked away with something. I have to admit----if I would have bid, it would only have been to be able to own the pedigree and a little piece of history, which I think is is very cool. Congrats!!

    Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍

    My Full Walker Registry Set (1916-1947):

    https://www.ngccoin.com/registry/competitive-sets/16292/



  • << <i>

    << <i>

    << <i> If you add my example from Rich Uhrich and Mr Newman's and the countless others out there just waiting to be discovered, I was wondering just how rare is it since Crypto calls it in his registry "very rare". You obviously thought enough of it to bid 2x retail so you must have an opinion as to its rarity like Crypto does. Simple question image >>



    Well let's see, if there are countless others out there just waiting to be discovered, I would say it's not that rare. >>



    Then you should talk to Crypto about that, however personally I believe it is very rare, that Crypto is spot on , rarer than the 1876-P II/II but without the fanfareimage
    Oh btw Mark Feld checked out the 1876-s large S II/II and thought it was properly graded, all natural and original with great eye appeal, so either Crypto is basing his opine off the pictures or needs to take another grading class. I guess you can say it had a sticker for a reason but we know how he feels about JA don't weimage

    I thought the 1876-cc 1.2 mm went pretty darn high, you should feel good since you also have an au53 and probably didn't have to fork out a whopping $5,100+ for your nice example, but I don't hear you complaining about that mega figure, oh yeah you already have oneimage >>



    Alan
    Honestly--You put too much weight into other men's thoughts while having none of value yourself. How many, fake, over graded, over priced coins does it take before you realize that you should stay away form auctions and eBay and only work with an honest dealer who can do all of the comprehension required skills for you? I am baffled by the junk you have bought and what you have paid for the few winners all while using my set as your guide. Your ability to extrapolate absolute data/meaning form a handful of anecdotal bits is just Crazy, just nuts.

    FYI I have two 76s 2/2 large and Dan has one too, while it rare it is
    A: not nearly as rare as you think
    B: just a mm variance in a series with lots of mm variances.

    Any comparisons to the 76p are off base.
  • DarkStarDarkStar Posts: 463 ✭✭✭✭✭
    I was the underbidder on 33710. I didn't view the coin personally, but got a trusted opinion before bidding. Not sure whether I should feel relieved or disappointed...

    1847 50c

    There are 10 types of people in the world, those who understand binary and those who do not.

  • EVillageProwlerEVillageProwler Posts: 5,856 ✭✭✭✭✭


    << <i>
    FYI I have two 76s 2/2 large and Dan has one too, while it rare it is
    A: not nearly as rare as you think
    B: just a mm variance in a series with lots of mm variances.

    Any comparisons to the 76p are off base. >>



    I agree completely. Subtle MM variances aren't indicative of die/hub differences because the MM's were stamped onto the dies later. While I've always tried to listen to and absorb the information from keoj over the long years, I never quite got excited when he once told me he found a really nice 78-S type something.or.other MM variety.

    When it comes to 4-vs-5 fingers, or die doubling, or missing berries, or ribbon ends, or ... - that stuff folks will understand, appreciate and hopefully help drive a new market.

    Even ED or CBH collectors don't collect rim lettering variations as if they are true die (or die state) varieties - rather, they do so as curiosities and research material.

    On a less technical note, I think it ill behooves Al to cease antagonizing those from whom he still has much to learn. But, I think the foolishness is really with OD and Crypto79 for still being willing to entertain someone who clearly is undeserving of their largesse.

    EVP

    How does one get a hater to stop hating?

    I can be reached at evillageprowler@gmail.com

  • BAJJERFANBAJJERFAN Posts: 31,410 ✭✭✭✭✭


    << <i>Since I didn't win much, I'm good. Somehow I don't think you'll be buried for too long. >>



    Will it take a similar venue to unbury one or would a BST post be sufficient?
    theknowitalltroll;
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  • << <i>But there are many more examples of the 1876-P out there than the 1876-s and that is a fact . >>



    How on earth did you come to that conclusion besides conversations with yourself? Its easy to win arguments when you get to make up "facts" to support your opinion although none of the experts in the series would agree with you hadn't alienated them all already. And my other 76s is nicer than my VF, PCGS just called it GEN for cleaning so I haven't advertised it.
  • CoinRaritiesOnlineCoinRaritiesOnline Posts: 3,681 ✭✭✭✭
    It's wonderful to see the friendships formed and camaraderie created by a shared interest in numismatics. image
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  • VanHalenVanHalen Posts: 4,330 ✭✭✭✭✭


    << <i>I wound-up getting four items, in each case it was at my ABSOLUTE high bid. NUCLEAR in some cases, you know the kind of high bid that you never would have imagined anyone bidding against.

    I'm probably going to be buried in my coins for a while!

    Anyone else feel a little nauseous? >>



    I think you did alright. Those are some really nice coins. Most of us would be happy to have them! image
  • NicNic Posts: 3,419 ✭✭✭✭✭


    << <i>It's wonderful to see the friendships formed and camaraderie created by a shared interest in numismatics. image >>




    image
  • Billet7Billet7 Posts: 4,923 ✭✭✭


    << <i>

    << <i>I wound-up getting four items, in each case it was at my ABSOLUTE high bid. NUCLEAR in some cases, you know the kind of high bid that you never would have imagined anyone bidding against.

    I'm probably going to be buried in my coins for a while!

    Anyone else feel a little nauseous? >>



    I think you did alright. Those are some really nice coins. Most of us would be happy to have them! image >>



    THANKS!
  • jayPemjayPem Posts: 4,082 ✭✭✭✭✭


    << <i>The only point I'll make is that I probably would have used that money to go there and
    view the entire auction rather than purchasing some coins sight unseen, particularly if
    they weren't core coins for your collection. But I realize everyone has their own set of
    priorities.

    I'm a bit surprised you didn't ask someone on the boards to view them in hand and give
    you a personal report. I'm sure a lot of folks would have done it for nothing... >>



    Dude, he spent barely 1K on a pretty neat group of coins....you'd rather take the trip just to look at coins image

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