half disme sold for 2 Mio USD
privaterarecoincollector
Posts: 629 ✭✭✭✭✭
anybody knows about "The Dazzling Rarities collection" that bought this coin ?
http://www.coinnews.net/2018/09/24/1792-half-disme-sold-for-record-price/
9
Comments
I saw it on display at several ANA shows. Super coin!
Lets see..... $1.985 million divided by 1.35g = $1.47 million/gram.
In comparison, the $10M paid for the 1794 FH dollar works out to only $370,000/g. @tradedollarnut got a steal!
The exotic use of "Mio" for "million" seems so worldly and sophisticated! Well played!
Liberty: Parent of Science & Industry
Congrats to all involved
What's a "mio"? Is that some sort of secret U.S. currency?
Either way, it's gorgeous!
Great transactions with oih82w8, JasonGaming, Moose1913.
I’m of the opinion that the coin market in general, and top end rarities in particular, are spectacularly undervalued. $2 Million is a bargain price. Especially in the context of comparing numismatic rarities vs say, art, or even very niche collectible categories, there’s a lot of upside for numismatics.
Great coin, congratulations
Coin's for sale/trade.
Tom Pilitowski
US Rare Coin Investments
800-624-1870
Absolutely agree. The 1913 was a stunning bargain at less than I had sold it for over 11 years ago. Same for the 1804$1 (at over a million less than I had offered about the same time period).
The Rittenhouse history on this specimen really is historic and the quality and originality beyond approach. Congratulations to the new owner! You have real history alive in your hands. So easy to love early American silver.
maybe it sold in-house for some free press release PR
Debbie Downer
What did the black rectangles sell for?
(Nice coin ! BTW)
That is a beautiful piece of history, but I don't even know how to say disme.
Successful BST deals with mustangt and jesbroken. Now EVERYTHING is for sale.
Same as dime
... or deme as in seem?
Nice Wayte Raymond album toning.
Great provenance including:
More: http://www.pcgscoinfacts.com/Coin/Detail/11020
@cardinal's website has some great info on this coin along with an earlier photo when it was a NGC MS68.
http://www.ccefdn.org/1792halfdisme.htm
@cardinal is meaningful in mine
So is Wayte Raymond
If this coin is indicative of the quality of the other holdings in the "Dazzling Rarities" collection, then it will undoubtedly be a sight to see.
I disagree. Cardinal would also mean a lot to me.
That’s such a great coin! I wish my name was part of the pedigree!
That is an amazing coin.... Interesting provenance as well.... certainly well preserved. Cheers, RickO
What an excellent coin!!
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All pedigree is meaningful IMO. Great coin. Congrats to the new owner!
Whitman Brands: President/CEO (www.greysheet.com; www.whitman.com)
PNG: Executive Director (www.pngdealers.org)
I can understand feeling that way. I can’t imagine any good reason for posting it.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
As far as pronunciation, disme is the Old French word which means tithe, or one-tenth. In Latin, decima was basically the same thing (decimate = punish every 10th man or a tax of 10%). In French, it is pronounced deem, which rhymes with seam. In modern French, it is spelled dîme (the little hat signifies an 's' was removed) but is pronounced the same. In colonial times, there was plenty of French influence and I'm not sure the pronunciation was universally standardized. Spelling of most words wasn't standardized until relatively modern times.
going back to the OP---is this the first time this collection has ever been mentioned?
I get it, more or less. (Although I don't really understand what it means to "believe" in a pedigree.) Anyway, the provenance is what it is.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
This is a one-off of the highest graded/finest-known. I see little chance of a slip-steam effect on values. Grungy CAC 65's and below will not prosper to any degree based on this singularity
Well, I care about the Afford pedigree. I like your engraved coins
northcoin Posts: 4,669 ✭✭✭✭ September 25, 2018 9:30PM
@tradedollarnut said:
Same as dime
... or deme as in seem?
Thanks for confirming.
First, I hate hijacking this thread to discuss the subject, but I want to clarify a point. Please allow me to post one last thought on this and then, if you want to take it further, start a new thread on "the value of names in a provenance".
If I understand Afford, he is not really saying that the names of more recent owners are not "important" in the sense that we shouldn't include these names in a provenance, or that it's not worth knowing the names. He's saying, I think, that the names don't add value or prestige to the coins. I concede that there's some truth to that, but it's more a function of human nature - we're less likely to revere our contemporaries than historical figures - than careful analysis. But the truth is that knowing that a coin was chosen for the Knoxville or Cardinal collection tells us something about the coin, and the coin tells us something about the collector. These things do matter to some of us.
BTW, I mentioned Knoxville or Cardinal and not the dealers because virtually all dealers handle many completely ordinary things "just for the money". But if Jay Parrino put a coin in one of his trophy-coin catalogs, or if Steve Contursi took a coin on a promotional tour for five years to promote it, his company and numismatics, or if I put the coin in my own personal collection for 20 years, our names in those particular provenances would mean something more than usual.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
Actually, I've owned more messed up half dismes than healthy ones. I've actually seen the "Cripple Creek" domain strengthen in price over the last year or two.
Will the Valentine coin appreciate? What's the base price?
To this "damage queen", it has many virtues as well as its problem..
Rick on Pawn Stars had a gentleman come in a week or so ago with a disme. He called it a dis-me and his "call a friend expert" called it a dis-me. I have never heard that term referring to this piece but was curious about how to really say the name in case I ever add one of my collection. I'd hate to be saying it wrong.
I agree with you on its virtues. Very pleasing overall. A tragedy, but actually really nice for what it is. I'm guessing $35K would be way too cheap for it today.
I have concerns about the pedigree. I'd love for this to be Rittenhouse's coin, and would be delighted to see further evidence.
The coin is unplated in the Henry Chapman 10/1919 catalog, which states in part:
"Obv. evenly centered; on upper edge across the top of the coin and just above the inscription it is not struck up and shows the file marks in the planchet. R[ev.] not evenly centered, the milling only around half of it as it is struck a trifle low. This specimen has an interesting history being one of four that belonged to David Rittenhouse, the Astronomer and First director of the U. S. Mint, 1792-1795 and has never been out of the family until now."
We are then led to believe the coin appeared in the Elder 6/1921 sale, there not attributed to Rittenhouse, and plated:
That's all we have. Can we call the present example Rittenhouse's coin based on this?
$35K???
Don't you mean 0.035 Milliard in United States Dollar units of account?
Liberty: Parent of Science & Industry
Or 35 "thou" or 35 Large. It's hip.
Liberty: Parent of Science & Industry
dish me