On a cool weirdness scale of one to ten I rate that an A+!!!!
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
Yeah, put you'd put a hole in it and wear it on your hat!!!
LOL!
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
Definitely unique and different yet I can't help but wonder what a problem free AG would sell for and if the difference in price might have been worth it.
WOW. This coin brings back some memories for me. I started collecting coins in 1953. My aunt gave me a Lincoln penny board for my 8th birthday in March of that year. That started my hobby. A couple of years later ( 1955 or so), the local First National Bank opened a new branch at 320 Ashmun Street in Sault Ste. Marie, Michigan. We also had a 100 year Centennial of the ‘Soo Locks’ that year. Anyway, for their Grand Opening, there was a coin collection put on display for a week or so. I was around 10 years old at that time, so my memory is not too good regarding whose collection it was. About the only thing I strongly remember was a 1796 quarter dollar that had numbers punched into the obverse like the numbers on a clock. This has to be the VERY coin that I saw in that display. After all, how many coins like it can there be? I remember asking the owner of the collection how he knew it was dated 1796 since there was no date visible. That was when I first learned that that year was a 1-year type for the small eagle reverse. The owner was available to give appraisals and answer questions from the public while the collection was on display. The display was mounted on about 4 double sided easels or so. It was most interesting. I have often wondered what ever happened to that quarter in the last 60+ years. I remember looking in Brunk’s book on counterstamped coins and the two new books on Early Quarters and seeing no mention of it. I am pretty sure it was not the Richard Burdick Collection mentioned in the auction write-up. Probably the only way to find out whose collection it was would be to research the local newspaper (or bank records) for information on the grand opening of the bank.
A couple other memories this coin brings up, is that LIFE magazine had an article on Louis Eliasberg in April, 1953 – one month after I started collecting. The cover story was about Queen Elizabeth’s coronation but my main interest was the collection that Mr. Eliasberg had just completed. I now have 2 copies of that magazine in my library. Also, for Christmas of 1953, my aunt from New York City gave me an 1881 $5 gold piece that I still have. It probably cost her all of $10-$12 or so from one of the many coin stores in NYC.
@SaultYooper said:
A couple other memories this coin brings up, is that LIFE magazine had an article on Louis Eliasberg in April, 1953 – one month after I started collecting. **The cover story was about Queen Elizabeth’s coronation **but my main interest was the collection that Mr. Eliasberg had just completed.
In the interest of furthering my coin education. Is there a system to determine how much of a discount should be had for a Genuine coin? This sold for a huge discount to guide price (about 10% of guide price if I am reading this right). How does one determine market value other than seeing what someone will pay. How would a dealer handle a coin like this? There must be a well accepted valuation method floating around somewhere Any input is welcome!
@WingedLiberty1957 said:
In the interest of furthering my coin education. Is there a system to determine how much of a discount should be had for a Genuine coin? This sold for a huge discount to guide price (about 10% of guide price if I am reading this right). How does one determine market value other than seeing what someone will pay. How would a dealer handle a coin like this? There must be a well accepted valuation method floating around somewhere Any input is welcome!
Depends of course on the reason for the "genuine" designation. Cleaning is generally less discounted than scratched. Tooled, whizzed and holed can really ding the value.
I cannot think of a case where so called damage is a positive (well one does come to mind), but attractive engraving or in the case vintage counterstamps bring in a level of additional interest.
The realized price was below my max proxy bid and I was expecting the coin to sell for $5000, maybe more.
ABCD wondered earlier what a problem free AG coin would be worth. This one realized $7000.
Great coin. Tough to value damage sometimes, most abuse is ugly, this is actually quite interesting and the nice clean level of remaining detail on the bust and eagle are a plus plus.
Now that the hard one is out of the way, continue your type set of counter- numbered quarters to present, and/or early denominations!
Comments
Fun coin to have in slab.
Maybe I can convince TDN that the spot in the middle is a "D".
That is................................interesting
Successful transactions with : MICHAELDIXON, Manorcourtman, Bochiman, bolivarshagnasty, AUandAG, onlyroosies, chumley, Weiss, jdimmick, BAJJERFAN, gene1978, TJM965, Smittys, GRANDAM, JTHawaii, mainejoe, softparade, derryb, Ricko
Bad transactions with : nobody to date
If you can somehow attach a hand to the front of the slab, you could use it as a whist counter again!
Pacific Northwest Numismatic Association
Thank you for the link. That was mentioned in the heritage description.
Pretty darn cool. That's the WOW factor my friend.
bob:)
I like it a lot for a damaged coin!!
So cool
On a cool weirdness scale of one to ten I rate that an A+!!!!
Thanks Henway....that is way better than any sticker!
Almost bid on that one myself. Congrats!! Neat.
Where's the damage?
I saw that quarter on Heritage and thought about bidding on it. I thought it was a really cool piece, congrats on the auction win.
Very interesting piece... and likely had been used as a whist counter...or at least intended to be one... Cheers, RickO
I was watching that one out of curiosity. Sold for more than I thought it would.
Very cool piece, thank you for sharing.
Rob
Successful Trades with: Coincast, MICHAELDIXON
Successful Purchases from: Manorcourtman, Meltdown
Interesting for sure!
My YouTube Channel
Pretty neat! What did this hammer?
Dead Cat Waltz Exonumia
"Coin collecting for outcasts..."
That is a thing of beauty!!!
Dave
Hammer was $3200. A bit under $3800 with the buyer fee.
I. Want. That.
WTG!
LOTS of detail on that piece.
Nice interesting coin.
It's certainly different. I think it's kinda cool. If that's what you like, then go for it!
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
Yeah, put you'd put a hole in it and wear it on your hat!!!
LOL!
Tsk, tsk. You know I'm not a "hole-it-yourself-er".
But if that puppy had a contemporary hole already in it, you bet yer sweet patootie I'd hang it on my hat!
Not that I could afford a 1796 quarter in ANY kind of condition...
thats neat looking
I want to make a 20 hour wristwatch.
epcjimi1.......My first thought when I saw the coin online.
Definitely unique and different yet I can't help but wonder what a problem free AG would sell for and if the difference in price might have been worth it.
WOW. This coin brings back some memories for me. I started collecting coins in 1953. My aunt gave me a Lincoln penny board for my 8th birthday in March of that year. That started my hobby. A couple of years later ( 1955 or so), the local First National Bank opened a new branch at 320 Ashmun Street in Sault Ste. Marie, Michigan. We also had a 100 year Centennial of the ‘Soo Locks’ that year. Anyway, for their Grand Opening, there was a coin collection put on display for a week or so. I was around 10 years old at that time, so my memory is not too good regarding whose collection it was. About the only thing I strongly remember was a 1796 quarter dollar that had numbers punched into the obverse like the numbers on a clock. This has to be the VERY coin that I saw in that display. After all, how many coins like it can there be? I remember asking the owner of the collection how he knew it was dated 1796 since there was no date visible. That was when I first learned that that year was a 1-year type for the small eagle reverse. The owner was available to give appraisals and answer questions from the public while the collection was on display. The display was mounted on about 4 double sided easels or so. It was most interesting. I have often wondered what ever happened to that quarter in the last 60+ years. I remember looking in Brunk’s book on counterstamped coins and the two new books on Early Quarters and seeing no mention of it. I am pretty sure it was not the Richard Burdick Collection mentioned in the auction write-up. Probably the only way to find out whose collection it was would be to research the local newspaper (or bank records) for information on the grand opening of the bank.
A couple other memories this coin brings up, is that LIFE magazine had an article on Louis Eliasberg in April, 1953 – one month after I started collecting. The cover story was about Queen Elizabeth’s coronation but my main interest was the collection that Mr. Eliasberg had just completed. I now have 2 copies of that magazine in my library. Also, for Christmas of 1953, my aunt from New York City gave me an 1881 $5 gold piece that I still have. It probably cost her all of $10-$12 or so from one of the many coin stores in NYC.
Wow, SaultYooper. Tremendous post. Great to have a bit of history on the coin.
I actually think this is kind of cool
HAPPY COLLECTING
Nice recall, I miss Life mag.
Richard Burdick started collecting in 1954........guess he just missed you In Upper Michigan, SaultYooper.
Very interesting Exonumia.
In the interest of furthering my coin education. Is there a system to determine how much of a discount should be had for a Genuine coin? This sold for a huge discount to guide price (about 10% of guide price if I am reading this right). How does one determine market value other than seeing what someone will pay. How would a dealer handle a coin like this? There must be a well accepted valuation method floating around somewhere Any input is welcome!
My Coin Blog
My Toned Lincoln Registry Set
Depends of course on the reason for the "genuine" designation. Cleaning is generally less discounted than scratched. Tooled, whizzed and holed can really ding the value.
I cannot think of a case where so called damage is a positive (well one does come to mind), but attractive engraving or in the case vintage counterstamps bring in a level of additional interest.
The realized price was below my max proxy bid and I was expecting the coin to sell for $5000, maybe more.
ABCD wondered earlier what a problem free AG coin would be worth. This one realized $7000.
Thanks for that info. Looks like you got an incredible bargain. Ive learned something here.
My Coin Blog
My Toned Lincoln Registry Set
If you could mount a tiny gnomon on it you could have a nifty little sundial. Sort of a complement to the sundial design on the Fugio cent.
Great coin. Tough to value damage sometimes, most abuse is ugly, this is actually quite interesting and the nice clean level of remaining detail on the bust and eagle are a plus plus.
Now that the hard one is out of the way, continue your type set of counter- numbered quarters to present, and/or early denominations!
Liberty: Parent of Science & Industry