@tradedollarnut said:
Let me expound - I have no interest in an artificial rarity.
Does that include sticker rarity?
I have no interest in collecting coins where the grade on their holder is a huge factor in their value anymore, either. So label rarity, sticker rarity...and the sort.
Are you saying that you know longer want the highest graded but now prefer the finest known to your eye?
No, those two are roughly equivalent statements
So what are you saying then, I must have misunderstood?
That I’m collecting true rarities, not condition rarities
Do die varieties count? For example, 1795 "Nine Leaves" Ten Dollar Gold or early cents and dollar die states. Some are rare.
Here in Canada they put it in the French newspaper in Montreal. This will be known worldwide. They will advertise it almost everywhere around the globe. Maybe some trillionaire oil sheik will get it or someone at the top of his nation like say Putin. Who knows maybe the Queen of England. Good luck TDN.
@tradedollarnut said:
Let me expound - I have no interest in an artificial rarity.
Does that include sticker rarity?
I have no interest in collecting coins where the grade on their holder is a huge factor in their value anymore, either. So label rarity, sticker rarity...and the sort.
Are you saying that you know longer want the highest graded but now prefer the finest known to your eye?
No, those two are roughly equivalent statements
So what are you saying then, I must have misunderstood?
That I’m collecting true rarities, not condition rarities
Do die varieties count? For example, 1795 "Nine Leaves" Ten Dollar Gold or early cents and dollar die states. Some are rare.
@291fifth said:
It would not surprise me if the 1933 Double Eagle and the Jenny block don't perform that well in the auction. The real prize is the one cent magenta stamp.
The remaining 1933 Double Eagles hang over the one legal to own coin like dark cloud.
The Jenny block is a block, and an oddly sized one at that, and that area of collecting has declined since the introduction of self stick stamps. There are also plenty of Jenny singles available for trophy hunters.
The one cent magenta is a real stamp and is the only one known. It is the real trophy of the stamp collecting world. There may be a few multi-billionaire international exhibitors out there who would really like to add that to their exhibits. Stamp collecting may have declined but that stamp is still the king!
I agree. There was a thread not that long ago where many knowledgeable members, Laura included, valued it at around $5 million IIRC.
@KingOfMorganDollar said:
Here in Canada they put it in the French newspaper in Montreal. This will be known worldwide. They will advertise it almost everywhere around the globe. Maybe some trillionaire oil sheik will get it or someone at the top of his nation like say Putin. Who knows maybe the Queen of England. Good luck TDN.
The modern media is too fragmented where it will reach anywhere near the same number or proportion it would have reached in the past. As for the internet, I doubt most non-collectors see many (if any) adds having anything to do with coins.
@KingOfMorganDollar said:
Here in Canada they put it in the French newspaper in Montreal. This will be known worldwide. They will advertise it almost everywhere around the globe. Maybe some trillionaire oil sheik will get it or someone at the top of his nation like say Putin. Who knows maybe the Queen of England. Good luck TDN.
The modern media is too fragmented where it will reach anywhere the same number or proportion it would have reached in the past. As for the internet, I doubt most non-collectors see many (if any) adds having anything to do with coins.
I hope for TDN sake because there are people out there with tons of money. TDN is rich but some out there it's on a whole other level. Any Arab king or prince have tons and tons of money.
@tradedollarnut said:
Let me expound - I have no interest in an artificial rarity.
Does that include sticker rarity?
I have no interest in collecting coins where the grade on their holder is a huge factor in their value anymore, either. So label rarity, sticker rarity...and the sort.
Are you saying that you know longer want the highest graded but now prefer the finest known to your eye?
No, those two are roughly equivalent statements
So what are you saying then, I must have misunderstood?
That I’m collecting true rarities, not condition rarities
Do die varieties count? For example, 1795 "Nine Leaves" Ten Dollar Gold or early cents and dollar die states. Some are rare.
There is nothing unusual about rare die varieties or other specialization either. A lot of coins are "rare" under this type of narrow definition.
I held that coin in my hand, raw, the Monday after
the June 2002 Long Beach Expo,when it was on
display for the August Auction in NYC.
Chief Secret Service person (Bill Daddio) wanted to know
if it was the same coin I held back in 1976/77 when it
was being offered to a few dealers (or more) for $250,000
Retired Collector & Dealer in Major Mint Error Coins & Currency since the 1960's.Co-Author of Whitman's "100 Greatest U.S. Mint Error Coins", and the Error Coin Encyclopedia, Vols., III & IV. Retired Authenticator for Major Mint Errors for PCGS. A 50+ Year PNG Member.A full-time numismatist since 1972, retired in 2022.
Forgot to say that I told him I couldn't positively identify it
as the same coin I saw (in the same building !) 25 years earlier,
but I doubted it.
The coin I, and others saw back in the 70's, could be the
one that was turned into the Treasury back in 2017, but
I think we'll never know.
Retired Collector & Dealer in Major Mint Error Coins & Currency since the 1960's.Co-Author of Whitman's "100 Greatest U.S. Mint Error Coins", and the Error Coin Encyclopedia, Vols., III & IV. Retired Authenticator for Major Mint Errors for PCGS. A 50+ Year PNG Member.A full-time numismatist since 1972, retired in 2022.
I have to ask TDN I don't know if you collect only coins. But would it not be a wiser move to buy say a Detective Comics #27 1st Batman? Or even a Action Comics #1 1st Superman they are cheap compared to this and are known globally. Amazing Fantasy #15 1st Spiderman is also one of the big comic books. Or even a Babe Ruth rookie say his 1914 Baltimore News only 9 exist or a T206 Honus Wagner with only about 40-50 that exist?
I know an Arab prince owns two CGC 9.0 copies of Action Comics #1. And many other comics as well. I believe Superman is his thing.
@KingOfMorganDollar said:
I have to ask TDN I don't know if you collect only coins. But would it not be a wiser move to buy say a Detective Comics #27 1st Batman? Or even a Action Comics #1 1st Superman they are cheap compared to this and are known globally. Amazing Fantasy #15 1st Spiderman is also one of the big comic books. Or even a Babe Ruth rookie say his 1914 Baltimore News only 9 exist or a T206 Honus Wagner with only about 40-50 that exist?
I know an Arab prince owns two CGC 9.0 copies of Action Comics #1. And many other comics as well. I believe Superman is his thing.
If coins is your thing then I get it but somethings go up in value much faster in other hobbies.
@Justacommeman said:
The coin maybe purchased by another non collector. It may also go to an anonymous one
m
Has it been confirmed that the current owner is non-collector?
He is a non coin collector.
m
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......
An important part of US history. I hope it goes to a collector. Will be a great addition to a collection. I can't even pay the buyers fee so I will watch from the sideline.
@tradedollarnut said:
Let me expound - I have no interest in an artificial rarity.
Does that include sticker rarity?
I have no interest in collecting coins where the grade on their holder is a huge factor in their value anymore, either. So label rarity, sticker rarity...and the sort.
Are you saying that you know longer want the highest graded but now prefer the finest known to your eye?
No, those two are roughly equivalent statements
So what are you saying then, I must have misunderstood?
That I’m collecting true rarities, not condition rarities
Nothing wrong with condition rarities except, sometimes, the price. But I think you've made the right tactical decision for now.
Andy Lustig
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
Stuart Weitzman has an amazing collection. This is much more exciting than I imagined.
This is an ultimate collection that transcends coin collecting or stamp collecting to the general public, at least for the double eagle and inverted Jenny. As the world's most valuable stamp, the British Guiana is amazing too but I'm not sure how much the general public knows about it.
Definitely a "Less is More" collection in terms of quantity.
Never thought I'd see the coin come up for auction since I started collecting. I'd enjoy a chance to photograph it and add the image to my catalog of different dates and mintmarks.
Custom album maker and numismatic photographer.
Need a personalized album made? Design it on the website below and I'll build it for you. https://www.donahuenumismatics.com/.
Had an interesting conversation with my 19-year old daughter over lunch today about this sale. While she is not a collector herself, she immediately knew who Mr. Weitzman was due to his prominence in the fashion world. Within seconds she was googling all sorts of information about the man, the sale, and the items included and reading the NY Times article about it all. From there, we had a lengthy talk about collectibles and collecting in general. Mind you, she's known I collect coins and lots of other things her entire life but this news sparked her interest. I suspect that this won't be a unique situation.
It's hard to know what the ramifications of an auction like this might be. As someone previously mentioned, this event will draw global interest.
If you haven't read the February 26, 2021 Coinweek article linked above by @TDN, do yourself a favor and take the time to. It's a great read.
The Jeeny block was owned by Bill Gross. He traded it for a 1c Z grill (only 1 available which was owned by Mystic stamp company - other one in museum) in order to complete his US collection. In the late 90's and early 2000s Bill Gross was to stamps as Hansen is to coins. In those days I was building a 19th century unused US collection. I eventually gave up as Mr Gross outbid me on all key stamps.
@gschwernk said:
The Jeeny block was owned by Bill Gross. He traded it for a 1c Z grill (only 1 available which was owned by Mystic stamp company - other one in museum) in order to complete his US collection. In the late 90's and early 2000s Bill Gross was to stamps as Hanson is to coins. In those days I was building a 19th century unused US collection. I eventually gave up as Mr Gross outbid me on all key stamps.
Great info
Maybe coins will perform well for Hansen?
Billionaire Bill Gross Sells Stamp Collection For Record Price
By Barden Prisant
On Oct 5, 2018,04:59pm EDT
@The_Dinosaur_Man said:
Never thought I'd see the coin come up for auction since I started collecting. I'd enjoy a chance to photograph it and add the image to my catalog of different dates and mintmarks.
Please publish a hi-rez image if you do get to photograph it. It appears to have a decent nose, not all smashed-in and broken looking the way so many Saints are.
There is way to much history and story on the one 1933 double eagle that can be available to a private citizen (I will leave 'legal', or not out of the equation). Even if a few heavy hitters won't bid on it, the hoopla for this 3 piece auction is going to bring in many others with resources - it is the story after all..... It is far beyond any other US coin in existence. The 1%ers can be silly with their money, the $140 million painting mentioned here is an example. In this coin, there is true value in comparison.
You heard it here first - ≥$30 million for the Farouk 1933 $20 in this auction.
@spacehayduke said:
You heard it here first - ≥$30 million for the Farouk 1933 $20 in this auction.
That would be very exciting. It really is an amazing coin. It's unique to own and stands head and shoulders above other unique to own coins.
I like the way Sotheby’s is handling this sale. I've said for many years that coins need to be treated as art to attain the next level of value. I think it will go for much more in this format than in a traditional coin format in a coin venue.
I dont know about $30mil but I do believe it will outperform estimates. Just a legendary coin, and one that belongs in an advanced collection. @tradedollarnut I hope you reconsider and are able to add this to your Box of 20
Dead Cat Waltz Exonumia
"Coin collecting for outcasts..."
I can make the shirts right at home. Sweatshirts too, any article of clothing really. As long as people are serious and not joking.
Custom album maker and numismatic photographer.
Need a personalized album made? Design it on the website below and I'll build it for you. https://www.donahuenumismatics.com/.
I'm going to say that the stamp will bid up the highest and brought home to the Royal Family.
They could use some diversion right about now in the press.
Dead Cat Waltz Exonumia
"Coin collecting for outcasts..."
The chances are close to zero that any of these three will sell for anywhere near $70MM. No coin or stamp has ever sold for more than a low fraction of this price. At least with this "art", it's happened many times before.
As another poster wrote somewhere, I'll take "the under" on their combined estimate of $37MM.
Bet ya anything the Queen/England ends up with the 1c magenta. Looking forward to this auction big time. Interested to see what the '33 does, and that Jenny block. Good stuff
Comments
Do die varieties count? For example, 1795 "Nine Leaves" Ten Dollar Gold or early cents and dollar die states. Some are rare.
edit - it was clarified while I was reading/typing.
Here in Canada they put it in the French newspaper in Montreal. This will be known worldwide. They will advertise it almost everywhere around the globe. Maybe some trillionaire oil sheik will get it or someone at the top of his nation like say Putin. Who knows maybe the Queen of England. Good luck TDN.
https://www.journaldemontreal.com/2021/03/11/une-piece-de-monnaie-americaine-aux-encheres-estimee-jusqua-15-millions-de-dollars
NFL: Buffalo Bills & Green Bay Packers
They don’t really interest me
My guess anywhere from 15$ million to 25$ million dollars. Personally I still prefer the 1894-S dime at 2$ to 3$ million dollars.
NFL: Buffalo Bills & Green Bay Packers
The modern media is too fragmented where it will reach anywhere near the same number or proportion it would have reached in the past. As for the internet, I doubt most non-collectors see many (if any) adds having anything to do with coins.
I hope for TDN sake because there are people out there with tons of money. TDN is rich but some out there it's on a whole other level. Any Arab king or prince have tons and tons of money.
NFL: Buffalo Bills & Green Bay Packers
There is nothing unusual about rare die varieties or other specialization either. A lot of coins are "rare" under this type of narrow definition.
I held that coin in my hand, raw, the Monday after
the June 2002 Long Beach Expo,when it was on
display for the August Auction in NYC.
Chief Secret Service person (Bill Daddio) wanted to know
if it was the same coin I held back in 1976/77 when it
was being offered to a few dealers (or more) for $250,000
Forgot to say that I told him I couldn't positively identify it
as the same coin I saw (in the same building !) 25 years earlier,
but I doubted it.
The coin I, and others saw back in the 70's, could be the
one that was turned into the Treasury back in 2017, but
I think we'll never know.
Agreed I much rather own a true date rarity than a variety of a date. But some enjoy that so hey have fun.
NFL: Buffalo Bills & Green Bay Packers
I have to ask TDN I don't know if you collect only coins. But would it not be a wiser move to buy say a Detective Comics #27 1st Batman? Or even a Action Comics #1 1st Superman they are cheap compared to this and are known globally. Amazing Fantasy #15 1st Spiderman is also one of the big comic books. Or even a Babe Ruth rookie say his 1914 Baltimore News only 9 exist or a T206 Honus Wagner with only about 40-50 that exist?
I know an Arab prince owns two CGC 9.0 copies of Action Comics #1. And many other comics as well. I believe Superman is his thing.
NFL: Buffalo Bills & Green Bay Packers
It's not even graded for crying out loud.
Not for long is my guess.
NFL: Buffalo Bills & Green Bay Packers
If coins is your thing then I get it but somethings go up in value much faster in other hobbies.
NFL: Buffalo Bills & Green Bay Packers
Didn't King Farouk lacquer it? I thought that's why it's not TPG graded.
How about one of the recent purchasers of the Brasher doubloons
I’ve never heard that. And if that had been done, the lacquer could be removed, anyway.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
It was ‘pre-graded’ back in the day by Pcgs. MS65. No lacquer.
No, I don’t do comic books.
He is a non coin collector.
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......
An important part of US history. I hope it goes to a collector. Will be a great addition to a collection. I can't even pay the buyers fee so I will watch from the sideline.
Successful BST with drddm, BustDMs, Pnies20, lkeigwin, pursuitofliberty, Bullsitter, felinfoel, SPalladino
$5 Type Set https://www.pcgs.com/setregistry/u-s-coins/type-sets/half-eagle-type-set-circulation-strikes-1795-1929/album/344192
CBH Set https://www.pcgs.com/setregistry/everyman-collections/everyman-half-dollars/everyman-capped-bust-half-dollars-1807-1839/album/345572
Over-Under on all three?
In these nutty times $37M seems cheap.
Those stamps are just cool.
BST: KindaNewish (3/21/21), WQuarterFreddie (3/30/21), Meltdown (4/6/21), DBSTrader2 (5/5/21) AKA- unclemonkey on Blow Out
Nothing wrong with condition rarities except, sometimes, the price. But I think you've made the right tactical decision for now.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
was hoping someone was going to post that image. tyvm
Stuart Weitzman has an amazing collection. This is much more exciting than I imagined.
This is an ultimate collection that transcends coin collecting or stamp collecting to the general public, at least for the double eagle and inverted Jenny. As the world's most valuable stamp, the British Guiana is amazing too but I'm not sure how much the general public knows about it.
Definitely a "Less is More" collection in terms of quantity.
Here are some screenshots from the video. Great presentation by Sothebys.
Never thought I'd see the coin come up for auction since I started collecting. I'd enjoy a chance to photograph it and add the image to my catalog of different dates and mintmarks.
Custom album maker and numismatic photographer.
Need a personalized album made? Design it on the website below and I'll build it for you.
https://www.donahuenumismatics.com/.
Had an interesting conversation with my 19-year old daughter over lunch today about this sale. While she is not a collector herself, she immediately knew who Mr. Weitzman was due to his prominence in the fashion world. Within seconds she was googling all sorts of information about the man, the sale, and the items included and reading the NY Times article about it all. From there, we had a lengthy talk about collectibles and collecting in general. Mind you, she's known I collect coins and lots of other things her entire life but this news sparked her interest. I suspect that this won't be a unique situation.
It's hard to know what the ramifications of an auction like this might be. As someone previously mentioned, this event will draw global interest.
If you haven't read the February 26, 2021 Coinweek article linked above by @TDN, do yourself a favor and take the time to. It's a great read.
my buying team was all ready, but one of the team tested positive.
we're going to have to forfeit the sale.
You know I'm the last one to lay the philately on thick, but even I think that Magneta is truly sweet
Also, anyone would be ecstatic with one inverted Jenny but a plate block?? That's insane!!
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
From a coin collecting perspective, it's great that the Inverted Jenny has a provenance to Colonel Green.
The Jeeny block was owned by Bill Gross. He traded it for a 1c Z grill (only 1 available which was owned by Mystic stamp company - other one in museum) in order to complete his US collection. In the late 90's and early 2000s Bill Gross was to stamps as Hansen is to coins. In those days I was building a 19th century unused US collection. I eventually gave up as Mr Gross outbid me on all key stamps.
Great info
Maybe coins will perform well for Hansen?
Billionaire Bill Gross Sells Stamp Collection For Record Price
By Barden Prisant
On Oct 5, 2018,04:59pm EDT
https://www.forbes.com/sites/bardenprisant/2018/10/05/billionaire-bill-gross-sells-stamp-collection-for-record-price/?sh=6d10607b5b09
Please publish a hi-rez image if you do get to photograph it. It appears to have a decent nose, not all smashed-in and broken looking the way so many Saints are.
There is way to much history and story on the one 1933 double eagle that can be available to a private citizen (I will leave 'legal', or not out of the equation). Even if a few heavy hitters won't bid on it, the hoopla for this 3 piece auction is going to bring in many others with resources - it is the story after all..... It is far beyond any other US coin in existence. The 1%ers can be silly with their money, the $140 million painting mentioned here is an example. In this coin, there is true value in comparison.
You heard it here first - ≥$30 million for the Farouk 1933 $20 in this auction.
He'll be watching.......
That would be very exciting. It really is an amazing coin. It's unique to own and stands head and shoulders above other unique to own coins.
I like the way Sotheby’s is handling this sale. I've said for many years that coins need to be treated as art to attain the next level of value. I think it will go for much more in this format than in a traditional coin format in a coin venue.
I dont know about $30mil but I do believe it will outperform estimates. Just a legendary coin, and one that belongs in an advanced collection. @tradedollarnut I hope you reconsider and are able to add this to your Box of 20
Dead Cat Waltz Exonumia
"Coin collecting for outcasts..."
I wonder if the brand new collector that Stickney Brasher will buy this coin as well.
if over/under is 37M, sign me up for the under crew...
Well, just Love coins, period.
Someone needs to make a T shirt with the 33 $20
By Philafrenzy - Own work, CC BY-SA 4.0, https://commons.wikimedia.org/w/index.php?curid=72687434 (cuz wikipedia said I need to give the author credit for the image)
@lsica Those t-shirts are actually pretty cool. It's nice to see excitement in collectibles like that.
Perhaps something like these?
https://www.redbubble.com/i/t-shirt/GOLD-COIN-LIBERTY-America-Gold-Eagle-Coin-by-TOMSREDBUBBLE/37109476.FB110?
Any thoughts on which item will be the most expensive of the 3?
And if any of these three will exceed the recently sold $70M piece of digital art created by the artist Beeple?
https://forums.collectors.com/discussion/1053762/skys-the-limit-for-collectible-digital-coins-digital-only-art-sells-for-70m#latest
I can make the shirts right at home. Sweatshirts too, any article of clothing really. As long as people are serious and not joking.
Custom album maker and numismatic photographer.
Need a personalized album made? Design it on the website below and I'll build it for you.
https://www.donahuenumismatics.com/.
I'm going to say that the stamp will bid up the highest and brought home to the Royal Family.
They could use some diversion right about now in the press.
Dead Cat Waltz Exonumia
"Coin collecting for outcasts..."
Just kicking around some numbers in case I wanted to make a run for the '33 😄
Providing I could convince 1,000 of my closest friends to each kick in $10,000, I think there is a real opportunity here🤔
Dead Cat Waltz Exonumia
"Coin collecting for outcasts..."
wrong approach
NFT pre-sale
The chances are close to zero that any of these three will sell for anywhere near $70MM. No coin or stamp has ever sold for more than a low fraction of this price. At least with this "art", it's happened many times before.
As another poster wrote somewhere, I'll take "the under" on their combined estimate of $37MM.
I’m thinking 6-7 million all in. I hope I’m wrong and he makes a profit.
Bet ya anything the Queen/England ends up with the 1c magenta. Looking forward to this auction big time. Interested to see what the '33 does, and that Jenny block. Good stuff