Stacks Bowers To Offer Childs PR68 PCGS 1804 Silver Dollar in August
giorgio11
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To be offered in August. I'm thinking it's gonna go for a new record.
Ex: Sultan of Muscat (1835), Watters, Brand, Childs, Pogue.
$15 million? Sole finest certified at PCGS, Proof-68.
What say ye?
Kind regards,
George
VDBCoins.com Our Registry Sets Many successful BSTs; pls ask.
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Comments
It’s a shame that it was stored in a hot and humid vault in Dallas....but with that said, Oliver should consider reuniting it with his $10 for a matched pair.
It will be interesting to watch....I suspect some big money competition may emerge. Cheers, RickO
Are there pics of it? Has it turned in the slab or something?
"It's like God, Family, Country, except Sticker, Plastic, Coin."
I have heard from several different sources that it doesn’t have the same vibrancy that it had when first graded and sold in 1999. Whether or not that affects its ranking I don’t know. As far as the grade goes - take 2 off from EVERY graded 1804 if you want an accurate grade.
Taking "two off" may be generous.
https://images.pcgs.com/CoinFacts/03459822_44902658_Max.jpg
Held it in-hand at the sale. It has definitely turned. But less than the Jerry Buss 1894-S 10c.
@TDN's observation about subtracting two points is a good one in this case. I clearly remember writing "66- if 1904" in my catalogue. The KOS $1 coin has also darkened since I first held it raw in 1984.
Collected before slabbing, the copper delicacies in the Jimmy Hayes type set were stored in a Denver SDB because of the low humidity. Sad. Very sad
Best guess is $7.25 hammer.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
Do you think it has darkened since the TrueView was taken?
Does anyone have a photo of the coin from the 1999 sale? I can't find one online.
This what you're hunting? 1999 Childs Sale Plate:
https://archive.org/details/walterhchildscol1999bowe/page/n11/mode/2up?q=1999+1804+dollar
"You Suck Award" - February, 2015
Discoverer of 1919 Mercury Dime DDO - FS-101
The KOS example also has a pin scratched out spot in the left obverse field. So maybe 3 points is the standard to deduct...tho I know for a fact JA would sticker mine at 63+ and I’d fight like heck for it to happen at 64.
Should be very interesting.
I need to make sure I get a bid in early so when it hammers I can tell my friends that I was a bidder, and just not tell them how much.
Heck, I think this will be affordable for me!
Trust the TrueView? I never rely on those images for coins over (let's say) $500K or so.
I didn't notice the pin scratch when I held it raw in 1984 or, if so, I don't recall. When Dave Bowers walked up to me in the basement Grand Ballroom of the St. Moritz Hotel and offered me that yellow morocco leather case full of coins like a canape tray of sushi, I lost any awareness of space and time. "Want a look?" I remember grading the $10 PR64 and the $1 PR64+
When the Dexter-Dunham coin sold to Hugh Sconyers for $990,000 in its 64 holder, I graded it "64 hist(ory)" to note the "D"
Gradewise, JA and I have never discussed it. My sense is that if he graded the coin "65 history" the coin would get a greeny at 64.
For those of you that don't know what I mean when I say "history", the coin has a "D" counterstamped in one of the clouds on the reverse by its numismatically famous owner. Damage? Surely. Grandfathered in via provenance (or something). Whatever, it's a coin for the ages.
With a loupe, this area has pin scratches over and around the spot. I agree with ‘64+ history’ for it and I agree with ‘64 history’ for mine.
https://coinweek.com/auctions-news/stacks-bowers/classic-us-coins-sultan-muscat-watters-brand-childs-pogue-1804-dollar/
I split a couple of choice proof bust dollars out of Bowers and Ruddy Auctions with Tony Terranova in post 1982. He likely thought I knew more than I actually did.
When QDB offered the KOS set around when Adm. Elvin Unterman first tried to sell it and got to me, I sort of stopped breathing. The very first thought that went through my mind was "I better get out of Dave's way and sit down before I knock that onto the floor." I'm sure I took two or three different finger grips on the $1 before I felt comfortable enough about its safety to take it out of its slot. I likely held my breath for the entire time I held it in-hand to look at each side.
I didn't know at the time I was already a world-class grader. Can't tell you if or not I missed the spot or the pin-scratches or factored them into my grade. This was the first time in my career I experienced actual numismatic awe. You might call a coin choice or gem, but back then John Dannreuther had only begun to taxonomize technical grading.
One didn't grade the KOS $1. The KOS 1804 $1 simply was. That was its grade. It was. World-class grader missed the spot
The King of Siam presentation set in its famed yellow Morocco case. Raw...... Awe...... 
Look up "numinous" and "numinosity" and ask yourself how often you hear Jessup wax rhapsodic.
Meh. I could be micro-grading to a fault. But I know what I saw...
You may be grading a micro-portion of the coin, but your appraisal of its impact is in sound proportion to its severity.
1) I never said the spot or scratches weren't there. And we can all see them. I've got OCD. I'm offended too.
2) Maybe 11 people in the business could grade technically in 1984. The difference between choice and gem was elusive.
3) None of the 11 had the means to meet the reserve.
4) None of the 11 had a customer to buy the set.
I lost my appetite for 1804 $1's after I ended up the underbidder in the Flannagan Sale. That piece later became the cornerstone of the famous Queen of Taiwan set. The missed opportunity still rankles. And Kevin is truly insufferable about it.
Yah, but that was a Class III. Pfffft.
I bought the Garrett 1804 on spec the year after the KOS set didn't sell.
How brave! And sold it in 45 days. How lucky! smart!
Class III's are tacky, but there's a real market for those third generation novodels. Your partner put together the Flannagan Collection. You made a buck or two on it. Don't show too much contempt for your own product. Think about your branding. Or when the next Type III shows up, no soup for you!
Do as I do, not as I say. Lol
I bought the Garrett Class III in the Stacks auction March 2020 and I’m thrilled to own it- never imagined I would own an 1804 $!
Congratulations. I felt the same way before stumbling into mine.
Thank you TDN!
Funny story since we’re on the subject- the day I bought the 1804 $ last March was the same day Florida shut down ALL ELECTIVE SURGERY due to Covid- I was suddenly without income for two months- just a wee bit stressful!
Did any other Pogue coins turn in the holder?
@Floridafacelifter - as a former owner to the present one - kick-ass pleasure of a lifetime, ain't it
I just dont value the grades so much, for me there is not a big difference between the one Bruce has and this one.
Thank you- it sure is!