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When truly special stuff comes along...
tradedollarnut
Posts: 20,606 ✭✭✭✭✭
...50% over price guide is the new price guide:
1794 half MS64 $650k plus juice vs $450k
1808 $2.5 MS65 $2M plus juice vs $1.5M
1794 half MS64 $650k plus juice vs $450k
1808 $2.5 MS65 $2M plus juice vs $1.5M
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1805 $2.5 MS64+ $325k plus juice vs. $195k
1807 $2.5 MS65 $500k plus juice vs. $275k
The 1807 is the most difficult to understand. If I am going to poney up, I would have much rather have paid for the 1798 $2.5 MS65 at $650 plus juice. Just a much nicer, more rare and it has a 17 handle. Overall in the quarter eagle series, it seemed liked condition rarity was favored over absolute rarity.
Great event to witness first hand.
Congrats on adding the finest 1794 50c to your 1794 set
I'd love to have a better one, but that price is beyond what I'd want to pay for any coin like that.
<< <i>Those two coins make sense but some of the others are more difficult to justify:
1805 $2.5 MS64+ $325k plus juice vs. $195k
1807 $2.5 MS65 $500k plus juice vs. $275k
The 1807 is the most difficult to understand. If I am going to poney up, I would have much rather have paid for the 1798 $2.5 MS65 at $650 plus juice. Just a much nicer, more rare and it has a 17 handle. Overall in the quarter eagle series, it seemed liked condition rarity was favored over absolute rarity.
Great event to witness first hand. >>
The 1798 $2.5 MS65 was my favorite of the gold in this sale, and in the running for my favorite out of the whole auction. I did really like the color and luster on the 1805 $2.50 64+ as well.
<< <i>Yeah, but did you see my Franklin I just picked up? >>
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CoinsAreFun Toned Silver Eagle Proof Album
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Gallery Mint Museum, Ron Landis& Joe Rust, The beginnings of the Golden Dollar
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More CoinsAreFun Pictorials NGC FOR SALE
<< <i>Yeah, but did you see my Franklin I just picked up? >>
Thank goodness the original milk spots were preserved!
Just my opinion. I could be way off. Buyer beware....
siliconvalleycoins.com
<< <i>I have said this before and will say it again...I believe Pogue will mark a major top in the coin market for "near major rarities"
Just my opinion. I could be way off. Buyer beware.... >>
As it should with major rarities. Why would this be a problem? If buying these things to hold for 20+ years it will matter none. The only people that should beware are those that try to buy something and expect to flip it for a profit the next day. All I can say to those folks is....DUH!
Not really looking for much these days but if I were, it might be a toner.
You either pay up, or you don't get the chance at ownership
Dead Cat Waltz Exonumia
"Coin collecting for outcasts..."
<< <i>I think when special items or unique specimens come to auction, price guide goes completely out the window.
You either pay up, or you don't get the chance at ownership >>
Agreed. I just had to do precisely this earlier today: I had two mid-six-figure bids on unique opportunities to acquire ancient Greek coins. I lost the first, a type where this coin is the finest of five known, going only to 4x the estimate when it sold for 4.5x, and I'm still kicking myself.
I won the other, bidding 4x the estimate of a coin which is unique, the finest known of the overall type, and with a fantastic pedigree.
I had to pay up, but both examples will be off the market for decades, so this, like Pogue, was a unique opportunity.
The day-to-day price changes don't matter when special coins are held for a long period of time.
Whether or not price guides are adjusted, they're still only guides. Obviously.
I believe Pogue will mark a major top in the coin market for "near major rarities"
I think the top for the high end US coin market was about two years ago, and that the Pogue sale would have brought significantly more back then.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
<< <i>...50% over price guide is the new price guide:
Whether or not price guides are adjusted, they're still only guides. Obviously.
I believe Pogue will mark a major top in the coin market for "near major rarities"
I think the top for the high end US coin market was about two years ago, and that the Pogue sale would have brought significantly more back then. >>
It was great experience being there first hand with my coin friends. From what I heard, the Pogue family and they were present, are very happy with the results.