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1865-S $2.50 gold new auction record

I don't know this coin but the auction result sure is strong. The old auction record for a 64 on coinfacts was $20k, this 63 CAC went for $36k! Shows a real tough date that is fresh and seldom in auction still bring super strong money.

Here is the auction:

https://greatcollections.com/Coin/506837/1865-S-Liberty-Gold-Quarter-Eagle-PCGS-MS-63-CAC

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    Stupid money. I hate it. Love the records and the coins, though.

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    cool

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    It just takes 2 players.

    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
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    I can’t say that the photos made it look like a drop dead screaming original coin but who knows in hand.

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    I bet Ian is thrilled with the publicly GC is getting from these prices realized on these gold coins as of late. Certainly good for business.

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    Nice coin!

    Professional Numismatist, Retired. 55 year member ANA. Former ANA Senior Authenticator. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and ANA Lifetime Achievement Award 2020. Winner of the PNG's 2026 Robert Friedberg Award for "The Enigmatic Lincoln Cents of 1922," Available now from Whitman or Amazon.
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    1 of 1 or 1 of 2, pretty much name your price.

    World coins FSHO Hundreds of successful BST transactions U.S. coins FSHO
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    Great result for GC and consignor. It is also good for us collectors. I hope they continue to attract nice coins. It's a very good venue.
    The price for the coin seems high but it is top pop.

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    :)

    Timbuk3
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    mvs7mvs7 ✭✭✭✭✭

    Very nice result and great coin. That date is very tough to find nice and especially with a decent strike... DW calls it an extremely underrated date with around 90-100 known, most XF or lower. Of course, it's also got the multiple levels of demand thing going as a civil war date.

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    rickoricko ✭✭✭✭✭

    Wow... nice coin but a monster price..... makes me wish I had acquired some 'back in the day'.... :D Don't we all have those wishes..... ;) Cheers, RickO

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    CascadeChrisCascadeChris ✭✭✭✭✭
    edited November 8, 2017 4:28PM

    That's a nice one for sure Todd. Strong price. You didn't happen to pick up the 66PL 93o Morgan in the Legend sale did ya? :sunglasses:

    The more you VAM..
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    GazesGazes ✭✭✭✭✭

    I watched that coin closely. It wasnt just two bidders. Multiple bidders put in bids over 20k. I think the strike looks unusually good for the date and i was told it was original which one never finds for this date. I thought it would go for $25,000. Congrats to the new owner

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