Holy Crap 1838-C $5 from DWN
Boosibri
Posts: 12,407 ✭✭✭✭✭
Boosibri
Posts: 12,407 ✭✭✭✭✭
Boosibri
Posts: 12,407 ✭✭✭✭✭
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i just wrote @jonruns with a similar reaction.
If I were a collector of classic gold and I had the ability...even via a stretch....to own that coin, I would be all over it.
Simply amazing coin.
siliconvalleycoins.com
Holy Crud!
In honor of the memory of Cpl. Michael E. Thompson
beautiful
BHNC #203
Definitely an amazing coin!!!
I could buy it if DW took $374,500 off the price. Very nice coin!
How does this exist??
Great looking piece! PCGS doesn't list any provenance. Anyone know the history of this coin?
It's amazing that there's no named provenance for this coin in Doug's article. Anyone know who the "eastern dealer" is?
Here are the TrueViews for the Winter specimen and the Pogue specimen for comparison. It's amazing that the Bass specimen sold for $235,000 on a $60,000-$90,000 estimate! It would be great for the market if the Winter specimen sold for more!
1838 Charlotte $5 - Doug Winter Specimen - PCGS MS63+ CAC
1838 Charlotte $5 - Bass-Lustig-Pogue Specimen - PCGS MS63
Nice and crusty
https://www.pcgs.com/setregistry/quarters/washington-quarters-major-sets/washington-quarters-date-set-circulation-strikes-1932-present/publishedset/209923
https://www.pcgs.com/setregistry/quarters/washington-quarters-major-sets/washington-quarters-date-set-circulation-strikes-1932-present/album/209923
yours boosibri?
WOW!
It is nice to see such rarities still pop up from time to time. What a coin!
"It's like God, Family, Country, except Sticker, Plastic, Coin."
@Ronyahski
My 1866 Philly Mint Set
A stunning coin.
My Mama told me to keep quiet if I had nothing good to say; but I was an unruly child.
There are three coins posted in this thread. I can see "Wow" on one of them and a very close to "wow" on another.
Please educate me about the other coin in the OP. Why the "Wow?" is it the price, its color, or....? I don't think it is a case of becoming "jaded" because at least one coin rated a 100% "Wow."
Aren't there only (2) coins posted? The OP coin is the same as the top glamour shot I believe.
There are three pictures of a total of two coins... the DWN coin with his photos, the trueviews if the same coin and the Pogue coin. Both are WOW coins too me but I live the deep coloration on the one in the OP while the strike and details are sharper in the Pogue piece.
Care to share your opinion?
Latin American Collection
This is an important rare coin that also looks and acts the part
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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......
These remarkable coins have caused palpitations in this old gold bug....
Cheers, RickO
Agree! Especially with no public provenance. It's such a treat when these show up.
Now that this coin is out, how much will it affect the Bass-Pogue coin's price now that it's no longer the finest known? This is the following from the Stack's sale regarding the Bass-Pogue coin:
Rare company.
Thanks to all for the correction. Now only one is a "Wow" for me, the Bass/Pogue coin. The other is very nice but does not excite me at all. Perhaps I would be impressed if I knew it could buy a nice house and very few Unc's must exist from the very low mintage. I very rarely like dirty gold.
So it seems that the deep original coloration pushes the "Wow" button for many folks. Thanks.
@Zoins said: "Now that this coin is out, how much will it affect the Bass-Pogue coin's price now that it's no longer the finest known?"
First my apologies to Mama as my mouth keeps working overtime...
IMHO, in spite of their grades, the two posted coins are VERY FAR APART in their condition of preservation and eye appeal. The Bass/Pogue coin is STILL the finest known - just look at the two. NO CONTEST at all!
Wow. I literally could not disagree more. I wouldn’t write a check for 200k for the Pogue coin but I would consider writing a much bigger check for the cited OP coin.
mark
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......
My oh my. I just checked my emails. Dayum. Momma said knock you out
m
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......
That's what makes the world go around and life exciting. I don't play in your league. My fun comes from being asked to grade coins based on their ACTUAL condition of preservation from when they were minted. I do this "technically" with no regard to a coin's value (I usually have no clue), and its rarity (sometimes I have a clue). After I get through, our experienced Commercial graders assign a "true" market grade as good as anyone's. That said, I think they would agree MS-63's are appropriate for both coins.
Fair enough. Different stokes for different folks.
I based my comments on a few things
1) I’ve seen the Pogue coin. My eyes
2) I love the look of the OP coin so much better. My eyes.
3) there are 3 gold guys that I would pay dearly for an opinion on gold. Doug Winter and John Albanese are two of them. Both of them have rendered an opinion on this coin. One with his checkbook and his expertise.
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......
This is a much better image of that coin. It looks MS. Its luster and color pop out and it has more eye appeal than the image of the Bass/Pogue specimen. I wonder what the other would look like in another image.
And the 3rd?
I always want to see the closeup AND the slab photo.
Yea, I called Doug today to say "holy crap" over the phone. One of the coolest coins Ive seen in a while.
Deep coloration.... deeeeep. Amazing coin. The Pogue coin is super nice, but the 63+ coin is off the charts.
'dude
John Dannreuther
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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......
Sweeeet !!!
Wow!! What a way to start the AM!
Would love to see it in person - I don't think the picture does it justice.
The image in the slab looks much nicer. Luster and color show much better. Sounds like an extremely important coin for serious Charlotte collectors.
This. Perhaps DW will have it at FUN. If you buy it first, bring it by so I can take a look.
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
This new to market coin has been in the same private hands since it was acquired at the Stack's auction in April 1978, and was graded at the 2019 ANA. The slab picture of it is accurate. It has fantastic eye appeal, deep toning, luster, is semi-prooflike, and an early strike. It also has its share of marks and hairlines. Balanced out, I think the grade is fair.
The 1838-C half eagle has two die marriages, with the same obverse used with two different reverses. This coin is an HM-1, where the reverse shows an aggressively lapped die, thus a lack of detail. It is actually well struck. The Bass coin is a first strike of the other die marriage, HM-2, is better struck, has less marks, and also has a perfect reverse. This reverse die of the HM-2 shattered in two early on, as there are only 3 known 1838-Cs with a perfect reverse. The TrueView of the Bass coin is not very flattering. It has more eye appeal than shown, but is not on the same page as the other coin.
What a sweet example!
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It is much harder to find an attractive 1838-C $5 gold than it is to find an 1838-D. It's not that rare relative to other Charlotte gold pieces. The problem is finding one with some eye appeal. They were not as well made as their Dahlonega Mint counterparts.
I once spotted a dealer at a Winter FUN show who had four of them in stock. They were all straight graded, but three of them were dogs IMO. The four was passable, but no for me.
Here is my more pedestrian example. This one was once in the Stanley Elrod collection. It is a very late die state as noted by the big die break on the reverse. One of the experts in the field to me this is 7th finest known if that means anything.
I really like you coin too @BillJones
Latin American Collection
AU55 Bill?
Best, SH
Here is my more pedestrian example.
Pedestrian. lol
Terrific coins and much can be said and appreciated with respect to the same date at different states of preservation.
Experience the World through Numismatics...it's more than you can imagine.
Yes, accurately NGC graded.
Just to set the record straight, I was the consignor to the Superior sale in 1989, where it did not sell. I had purchased it privately sometime not too long before. And here's an interesting thought: Back then, that 38-C was worth about the same as a roll of common MS-65 Saints.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
Superior recorded it as a sale in October 1989: Lot 4378, where it realized $48,400. So you bought it back?
Were you the consignor at the next auction sale, Akers/Rarcoa, August 1991: Lot 987 realized $38,500, or had you sold it beforehand?
I bought it back in 1989. I don’t recall where I eventually sold it. I do, however, recall how few people cared about such coins at the time. Commems, generic gold and generic type was where the action was. True rarities, not so much.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.