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NEWPS 1781 Libertas Americana Bronze medal. My favorite purchase ever

JustacommemanJustacommeman Posts: 22,852 ✭✭✭✭✭
edited October 5, 2017 10:43PM in U.S. Coin Forum

I've been chasing the original bronze medal for quite awhile without success. Finally with a heads up from Cardinal I was able to put a deal together with CRO John. I've long coveted this medal in bronze and silver as I simply feel it's the best use of symbolism to represent the period and the birth of a nation. Americana at its finest. The reverse in general speaks a 1000 words. I'm humbled to be able to acquire such a piece of history.

While I've been waiting for the originals I've also been putting together a set of the restrikes in all metals and dates. It's been a fun challenging project

Cardinal got me hooked on this theme and has been there every step of the way in mentoring me. I can't thank him enough. He's been incredible.

I also snatched A silver Restrike a day earlier. I forced Dave Wnuck to sell it to me. It's the way these things happen. Feast or famine.

mark

Bronze original and 80's silver Restrike



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......
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Comments

  • msch1manmsch1man Posts: 809 ✭✭✭✭

    Easily my favorite medal out there...and that's a beauty...congrats x2!

  • EXOJUNKIEEXOJUNKIE Posts: 1,622 ✭✭✭✭✭

    What a week and what a purchase! A huge congrats to you! WTG!!!

    I'm addicted to exonumia ... it is numismatic crack!

    ANA LM

    USAF Retired — 34 years of active military service! 🇺🇸
  • epcjimi1epcjimi1 Posts: 3,489 ✭✭✭

    Nice, well done.

  • oih82w8oih82w8 Posts: 12,523 ✭✭✭✭✭

    Very nice pieces indeed!

    oih82w8 = Oh I Hate To Wait _defectus patientia_aka...Dr. Defecto - Curator of RMO's

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  • Wabbit2313Wabbit2313 Posts: 7,268 ✭✭✭✭✭

    Awesome, and the view behind the coins is equally Sweet!

  • Wabbit2313Wabbit2313 Posts: 7,268 ✭✭✭✭✭

    PS, how rare is the silver one?

  • coindeucecoindeuce Posts: 13,496 ✭✭✭✭✭
    edited May 20, 2017 1:34PM

    The 1781 mintage of Bronze Libertas Americana is generally accepted as 125.
    The silver mintage was significantly less.
    Maybe 30. The PCGS census for 1781 silver is at 12 in all grades. The NGC census is at 7 in all grades.

    "Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
    http://www.american-legacy-coins.com

  • WalkerfanWalkerfan Posts: 9,670 ✭✭✭✭✭

    Wow, Mark---those are beautiful and rare. Nicely done.

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

    My Full Walker Registry Set (1916-1947):

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

  • MedalCollectorMedalCollector Posts: 2,012 ✭✭✭✭✭
    edited May 20, 2017 2:24PM

    Nice view - and I'm not just talking about the medals!

    Those bronze medal has fantastic surfaces. I hope you crack it, or submit it for a new PCGS slab, so that you can better see them in hand.

  • BoosibriBoosibri Posts: 12,379 ✭✭✭✭✭

    Wow that's great, congrats and don't knock them off the deck next time you image them.

  • ZoinsZoins Posts: 34,401 ✭✭✭✭✭
    edited May 20, 2017 3:14PM

    Amazing pieces! I'm a big fan of these and love the detail on your bronze!

    For more info on these, here's an older thread:

    https://forums.collectors.com/discussion/684019/numismatic-treasures-5-1781-libertas-americana-medal

  • kazkaz Posts: 9,246 ✭✭✭✭✭

    Congratulations, what fantastic medals. Certainly among my favorite issues.

  • RayboRaybo Posts: 5,336 ✭✭✭✭✭

    Nice deck! (I also love copper/bronze)

  • BullsitterBullsitter Posts: 5,842 ✭✭✭✭✭

    Blown away !!!!!!!!!

  • SkyManSkyMan Posts: 9,493 ✭✭✭✭✭

    Congratulations on the Neat Newps!!!

  • mkman123mkman123 Posts: 6,849 ✭✭✭✭

    Isn't there a gold version as well?

    Successful Buying and Selling transactions with:

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  • BaleyBaley Posts: 22,663 ✭✭✭✭✭

    Very nice, except for the tiny shovel, which seems oddly out of place. Like an afterthought, engraved by another , perhaps by last minute request

    Liberty: Parent of Science & Industry

  • mkman123mkman123 Posts: 6,849 ✭✭✭✭

    Goodness...the gold version is just amazing

    Successful Buying and Selling transactions with:

    Many members on this forum that now it cannot fit in my signature. Please ask for entire list.
  • tradedollarnuttradedollarnut Posts: 20,194 ✭✭✭✭✭

    Love those!

  • sellitstoresellitstore Posts: 3,053 ✭✭✭✭✭

    Congratulations on a pair of beautiful additions.

    I love the chocolate brown look of the bronze originals but that's a pretty hunk of gold, too.

    Makes one feel downright patriotic.

    Collector and dealer in obsolete currency. Always buying all obsolete bank notes and scrip.
  • 1940coupe1940coupe Posts: 661 ✭✭✭✭

    @Baley said:
    Very nice, except for the tiny shovel, which seems oddly out of place. Like an afterthought, engraved by another , perhaps by last minute request

    except for the tiny shovel // cant figure what your talking about ?

  • cardinalcardinal Posts: 2,005 ✭✭✭✭✭

    Hands Clapping Applause

    Congrats on your purchase! And thanks for the kind words! Not only is your Bronze Libertas Medal a truly awesome Newp, but it is a very, very nice example, head and shoulders above what you would typically see at the MS63 grade level! Like you said, the historical significance of these medals is off the charts, all stemming back to Benjamin Franklin's personal efforts.

    The 1980's restrike is scarce in its own right, basically reserved for visitors to the Paris Mint at the time. Undoubtedly, there are more of those "out there," but the typical European visitor to the Mint would not really accord it its due historical respect, and would take no special care in preserving one.

    Obviously, your Bronze medal was presented to someone who recognized its importance and preserved it carefully.
    Could this one you just acquired have been one of the group Franklin sent to the President of the Continental Congress Elias Boudinot?

    In a letter sent to Franklin on November 1, 1783, Boudinot said

    "I have received the additional numbers of Medals, which, not having any particular directions from you, I distributed among the Members of Congress, presented one to the Governor of each State, and the Ministers round Congress."

    Who would those recipients be? That group would have included Thomas Jefferson, Alexander Hamilton, and John Hancock, among other signers of the Declaration of Independence, future members of the Supreme Court, and future Presidents! What a momentous group of recipients -- a veritable "Who's Who" of Early America!

    Again, Congrats on your acquisition!!!

    Hands Clapping Applause

    For those interested, PCGS now has a Registry Set dedicated to the Original Libertas Americana medals and related restrikes, which can serve as a checklist of the official restrikes, seen here:

    https://pcgs.com/SetRegistry/u-s-coins/medals/libertas-americana-medals/6283

  • TomBTomB Posts: 22,001 ✭✭✭✭✭

    Holy Cow! Warn me next time! Absolutely fabulous niche to collect and truly remarkable pieces. Love the view from the deck, too.

    Thomas Bush Numismatics & Numismatic Photography

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

    image
  • JustacommemanJustacommeman Posts: 22,852 ✭✭✭✭✭

    I need to find another 68

    mark

    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......
  • TopographicOceansTopographicOceans Posts: 6,535 ✭✭✭✭

    Those are amazing coins.

  • 23Pairer23Pairer Posts: 911 ✭✭✭

    Congratulations! I, too, love this medal. I have a number of the restrikes that I need to submit to grow my set, and your enthusiasm has re-sparked my drive to do so. Cardinal, thank you for the impetus to add the Libertas to my registry sets.
    Bob

  • MilesWaitsMilesWaits Posts: 5,412 ✭✭✭✭✭

    Congratulations Mark and damn you for wetting my appetite for new addition to my collection.

    Now riding the swell in PM's and surf.
  • hchcoinhchcoin Posts: 4,836 ✭✭✭✭✭

    Beautiful medals. <3

  • oldlinecoinsoldlinecoins Posts: 183 ✭✭✭

    If there was one American medal I could own or recommend others to own this original medal would be it. It just oozes history of our country during it's most important time. Great purchases!! Thank you for sharing

  • BGBG Posts: 1,762 ✭✭✭✭✭

    Awesome!!

    Congrat's!!

  • JJSingletonJJSingleton Posts: 1,401 ✭✭✭✭✭

    Wonderful medals!

    Joseph J. Singleton - First Superintendent of the U.S. Branch Mint in Dahlonega Georgia

    Findley Ridge Collection
    About Findley Ridge

  • BillDugan1959BillDugan1959 Posts: 3,821 ✭✭✭✭✭

    @1940coupe said:

    @Baley said:
    Very nice, except for the tiny shovel, which seems oddly out of place. Like an afterthought, engraved by another , perhaps by last minute request

    except for the tiny shovel // cant figure what your talking about ?

    My best guess is that Baley is referring to the Phrygian Cap on the pole behind Miss Liberty. It is there intentionally, of course.

  • JustacommemanJustacommeman Posts: 22,852 ✭✭✭✭✭

    @23Pairer said:
    Congratulations! I, too, love this medal. I have a number of the restrikes that I need to submit to grow my set, and your enthusiasm has re-sparked my drive to do so. Cardinal, thank you for the impetus to add the Libertas to my registry sets.
    Bob

    Such a fun "series" to collect and they can be merged to create lots of other subsets. Anything Franklin, Revolutionary War, Treaties etc.....

    mark

    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......
  • tradedollarnuttradedollarnut Posts: 20,194 ✭✭✭✭✭

    Biggest pricing mistake I ever made was the gem silver original that I flipped to Cardinal for a small profit. It then fetched about $100k more upon resale not long afterwards.

  • JustacommemanJustacommeman Posts: 22,852 ✭✭✭✭✭

    @tradedollarnut said:
    Biggest pricing mistake I ever made was the gem silver original that I flipped to Cardinal for a small profit. It then fetched about $100k more upon resale not long afterwards.

    My biggest challenge will be finding one I like that isn't priced as a Aston Martin. There aren't many choices

    mark

    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......
  • cardinalcardinal Posts: 2,005 ✭✭✭✭✭

    @tradedollarnut said:
    Biggest pricing mistake I ever made was the gem silver original that I flipped to Cardinal for a small profit. It then fetched about $100k more upon resale not long afterwards.

    The gem silver original was purchased out of the Bass sale in 1999, and as I recall, it was put up on Legend's site within 6 months afterward, presumably because Legend did not otherwise have a want-list request or other demand for it.

    I purchased it, and then included in every display of the Cardinal Collection's Early Dollar Set (still the #1 All-Time Finest set of Early Dollars with Major Varieties and Silver Plugs), all across the country from 2001 through 2005. I convinced PCGS to grade it -- making it the very first medal of any kind to have received a third-party grading opinion from PCGS -- and then it sold in on June 30th, 2005.

    Are you saying that grading event, it's appearance in multiple articles about the Cardinal Collection, and it's multi-year cross-country tours as the progenitor of the design for the accompanying Flowing Hair Dollars had nothing to do with its popularity, ensuing demand, and the price appreciation it sustained at auction?

    As another data point to consider, after the Bass Specimen sold at auction, Spink America sold the superior Virgil Brand specimen for less than the Bass Specimen -- after it failed to sell at its own auction and saw no demand at all for a long time afterward.

  • tradedollarnuttradedollarnut Posts: 20,194 ✭✭✭✭✭
    edited May 21, 2017 1:25PM

    Dunno about any of that - all I know is Blondie called Laura shortly after the sale asking if I'd take a small profit. At first I said no but changed my mind shortly after. I'm pretty sure it was never listed on legends website for sale.

    I am not in anyway disparaging the effect that you had on the value of the coin but it was under valued when I bought it and I failed to recognize that fact

  • cardinalcardinal Posts: 2,005 ✭✭✭✭✭

    @tradedollarnut said:
    Dunno about any of that - all I know is Blondie called Laura shortly after the sale asking if I'd take a small profit. At first I said no but changed my mind shortly after. I'm pretty sure it was never listed on legends website for sale.

    I am not in anyway disparaging the affect that you had on the value of the coin but it was under valued when I bought it and when I sold it

    Actually, the piece was listed, and I paid the full asking price without argument. It's not like I called Laura up out of the blue and asked, "Do you have any gem Libertas medals you can sell me on the cheap?" I would not have even known of its availability if it hadn't been listed already.

    According to Tony Terranova, who attended the sale in June 2005, he was stunned to see the price realized, as in the interim between the Bass sale and the Cardinal sale, he had handled a number of Libertas medals -- both silver and bronze -- and none of those selling prices were even close to the auction price. Tony told me directly after the Cardinal sale was finished, that getting PCGS to grade the Medal and displaying the Medal to an audience of Coin collectors (rather than to an audience of stingy medal collectors, who despise encapsulation and third-party grading) made the difference. He figured those facts were what made the Medal sell for what he thought was 4x what he was otherwise expecting it to sell for.

  • CoinRaritiesOnlineCoinRaritiesOnline Posts: 3,681 ✭✭✭✭
    edited May 21, 2017 2:01PM

    @cardinal said:
    Actually, the piece was listed, and I paid the full asking price without argument. It's not like I called Laura up out of the blue and asked, "Do you have any gem Libertas medals you can sell me on the cheap?" I would not have even known of its availability if it hadn't been listed already.

    According to Tony Terranova, who attended the sale in June 2005, he was stunned to see the price realized, as in the interim between the Bass sale and the Cardinal sale, he had handled a number of Libertas medals -- both silver and bronze -- and none of those selling prices were even close to the auction price. Tony told me directly after the Cardinal sale was finished, that getting PCGS to grade the Medal and displaying the Medal to an audience of Coin collectors (rather than to an audience of stingy medal collectors, who despise encapsulation and third-party grading) made the difference. He figured those facts were what made the Medal sell for what he thought was 4x what he was otherwise expecting it to sell for.

    I totally agree with you, and Tony.

    If memory serves, your silver piece was in some sort of Capitol Plastics (or similar) holder accompanied by a PCGS grading cert. When we saw how well yours did at auction, we submitted a gem bronze piece to be graded and were told that yours had been only a 'one-off' and PCGS wasn't grading any others.

    So we sent it to NGC, recevied a grading cert from them, consigned it to ANR's March 2006 auction and saw it too bring significantly more than any previous example had in that metal.

    From that point on, started by you, it seems that these pieces were firmly in the numismatic mainstream.

  • cardinalcardinal Posts: 2,005 ✭✭✭✭✭

    John, you have a great memory, and I remember that Gem Bronze piece!

    Actually, I recall who purchased that one from the sale, and I know where it is now!

    Yes, the Bass-Cardinal specimen was in a custom-made Capitol Plastic holder that I had designed and ordered. I can't find a picture of it with the PCGS grading cert, but this is how it looked up to that point:

  • JustacommemanJustacommeman Posts: 22,852 ✭✭✭✭✭
    edited May 21, 2017 3:37PM

    Just incredible. Breathtaking & pretty old school cool in that presentation.

    mark

    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......
  • StaircoinsStaircoins Posts: 2,577 ✭✭✭

    Damn. Those do not suck. One, any and all of them.

  • cardinalcardinal Posts: 2,005 ✭✭✭✭✭

    @Justacommeman said:
    Just incredible. Breathtaking & pretty old school cool in that presentation.

    mark

    Thanks! The image is 16 years old now, taken with old technology, but you can still zoom in a good bit to see the details.

  • gripgrip Posts: 9,962 ✭✭✭✭✭

    Gorgeous is all I can say.

  • This is a great thread...

    The Silver Lib's are Proofs ?

    Does CAC still sticker Lib's ?

  • BruceSBruceS Posts: 1,356 ✭✭✭✭✭

    Congrats Mark. Those newps are awesome.


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  • kazkaz Posts: 9,246 ✭✭✭✭✭

    @cardinal said:

    @Justacommeman said:
    Just incredible. Breathtaking & pretty old school cool in that presentation.

    mark

    Thanks! The image is 16 years old now, taken with old technology, but you can still zoom in a good bit to see the details.

    Yes, you can even "read" the expressions on the faces of France, the British lion, and the infant US. Really amazing medalwork.

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