Forum Move: 1827 O-144 R.5+ Bust Half, AU55 NGC, Best Auction Route?
giorgio11
Posts: 3,939 ✭✭✭✭✭
I posted this yesterday on the Q&A Forum and was encouraged to post it here, so this is a repeat:
I have a friend who has a really nice 1827 O-144 Square Base 2 in AU55 NGC. This is a very rare die variety. Any ideas what route he should pursue to get the best price at auction? He is considering Great Collections, I believe, and the attribution is on the slab. No, this is not my coin. I suggested he contact the Bust Half Nut Club to get their recommendations. Any ideas?
Thanks and Kind Regards,
George
PS I will try to get some images from him and post them as soon as I can. Thanks for your counsel.
VDBCoins.com Our Registry Sets Many successful BSTs; pls ask.
0
Comments
I strongly recommend GC as auction house. A fixed price BIN / Make Offer ebay listing another possibility.
Sheridan Downey or Heritage.
Sunshine Rare Coins
sunshinecoins.com/store/c1/Featured_Products.html
cross it, CAC it, then Downey or Heritage or David Kahn
Here it is!
Kind regards,
George
PM sent ...
... and I will add ... based on the images, Sheridan Downey (auction or consignment) or David Kahn (consignment) may be your best option.
Nice coin ... very rare die marriage. You will get more money in PCGS plastic and depending on the grade, I imagine it would CAC as well.
See http://www.doubledimes.com for a free online reference for US twenty-cent pieces
Someone’s gonna pay up for that example. I wish I could put it in place of my O.144 PCGS VG08. (Because it’s going to catch a bump sooner or later)
I would go Sheridan Downey all the way. He’s got the good stuff & often times things tend to get quite competitive to obtain an item such as that.
Wow, that’s gorgeous.
Roseanne Barrett I - CAC Morgan Dollar Basic Set, Circulation Strikes (Retired)
Roseanne Barrett - CAC Basic Seated Liberty Type Set, Circulation Strikes
I would agree Sheridan, however, either option typically will get good bids on something like this.
I would think you need the big build up that Stacks/Bowers or HA offer. Shorter term auctions may not bring the type of respect a coin like that deserves.
@logger7 @shorecoll @cappedlibertyx Isn't it a roughly $5,000-$7,000-ish coin, depending on final grade/CAC? Do you really think that would get a big buildup at HA or SB? I would think at HA it might be better to put it in one of their smaller auctions like Dallas or a Long Beach. Or is it likely to bring more than I think?
Let's wake up Lance. @lkeigwin
This is a rare die variety which appeals to a very small number of specialists...I agree with others to cross to PCGS and send to CAC...then Downey or Khan on consignment!!! I love GC but the general auction route is hit or miss with a variety like this...
Not my area of collecting but I doubt that the plastic brand will make any difference so no reason to throw money away crossing, I'd see about getting the CAC bean and then decide on the auction house.
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
^^^ This.
I am aware of a private sale where an NGC AU50 sold for $3,000 a couple years ago, for the record.
I am pretty certain you are incorrect about your assumption that the brand of plastic does not matter.
So far everyone has said this is a very rare die pair, and everyone nowdays goes crazy nuts for color which this coin has. So it's a rare coin with color, it could be in an ACG holder and it will still go for moon money. I would decide a price I'm comfortable selling at, try for the green bean and let it rip, besides if the new owner is a Kool-Aid drinker it will get crossed eventually anyway so why throw money at it for no gain.
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
Plastic is important for resale value, just like granite countertops.
It is my area of collecting and you are not correct about the plastic. PCGS plastic will make you more money than the cost to have it graded (including shipping both ways). The collectors/dealers who will be bidding on this piece do care about the TPG. The rarity of the die marriage will drive the price rather than the color.
See http://www.doubledimes.com for a free online reference for US twenty-cent pieces
well, the grade beats out my non-existent one
BHNC #203
As far as plastic goes, 95% of my CBH's are PCGS. Of my 1827 die marriages, 22 of 26 are in PCGS plastic. The other 4 are raw. So for me, PCGS CBH's are the ones that get my attention and obviously, are the ones that I end up bidding on. Luckily, the lions share of Sheridan, Kahn, & Heritage CBH's are in PCGS plastic. In conclusion, Plastic matters.
Beats my VG-8 as well...and yes, I paid up for PCGS/CAC when I bought it earlier this year.
good move
BHNC #203
Of the very few CBHs in NGC holders are either 'provenanced' holders or exceptional coins with CAC stickers. I am well north of 95% in PCGS holders.
See http://www.doubledimes.com for a free online reference for US twenty-cent pieces