Stuart Weitzman 1933 $20 - Guess the Hammer
MsMorrisine
Posts: 35,986 ✭✭✭✭✭
MsMorrisine
Posts: 35,986 ✭✭✭✭✭
MsMorrisine
Posts: 35,986 ✭✭✭✭✭
Comments
Live Auction •
8 June 2021 • 10:00 EDT • New York
$16M
14,500,000
17,500.000.
$11,111,111
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$13,545,000
$10 million unless there is some new multi-billionaire money in the coin market. If there is new multi-billionaire money in the coin market it could go much higher. Some other collectible areas such as sports cards are on fire. Will the fire spread to coins as well?
Well the price of gold is considerably higher than the last time it was at auction.....
In all seriousness im gonna guess it doesnt go past 15 million.
You can't expect demand for sports cards to translate to coins. Sports cards are, after all, pieces of cardboard, devoid of history or artistic merit, unconnected in any meaningful way with the athlete pictured. The Kardashians of collectibles.
$15 Million.
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
9-10
I’m just as interested to know if an active coin collector will buy it or will it just be another investor?
Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners.
I'll be an optimist. $19
I'll guess he breaks even roughly at least nominally. $7.5 million all in. All bets are off though if Laura is true to her word that Legend will absolutely win it, and she jumps the bid several million with no underbidder in sight though like the SP66 1794 dollar.
It will go over $10 million easily. I would be very surprised if it didn't get to $15 million. It's one of a kind and legendary. Sometime like Hanson might not get another whiff of one for a generation.
All comments reflect the opinion of the author, evn when irrefutably accurate.
I’m going pessimistic- $12
If someone says publicly they will win, isn’t that like the Statue of Liberty “plan?”
$20+ million. Circumstances are way different this time than last.
.
End Systemic Elitism - It Takes All of Us
ANA LM, LSCC, EAC, FUN
$17,250,000, I can see some strong bidding for this coin.
What we are dealing with is collector mentality, not artistic merit. In any case, the 1933 Double Eagle really has little artistic merit since it is the low relief version of the type.
Yet the Brady rookie card just sold for 3.1 mil.
So I'll say - over 15 mil on he 1933 because of the story.
I can see $20+
That’s what I’m pulling for!
$14,000,000. hammer
“We are only their care-takers,” he posed, “if we take good care of them, then centuries from now they may still be here … ”
Todd - BHNC #242
if there is a reserve, i'll say no sale.
What a write up on the travels of this coin and the others
https://www.sothebys.com/en/buy/auction/2021/three-treasures-collected-by-stuart-weitzman/the-1933-double-eagle
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......
Ball peen
Which of the treasures will sell for the most?
My guess is the inverted Jenny stamps sell for the most, then the gold coin, then that ugly rotten stamp.
Personally, I don't mind too much that Mr. Weitzman added his initials to the stamp, as there is some kind of tradition. He could have made it smaller, but still forever recognizable. That said, that part of the design is the most aesthetic part of the stamp now it kind of seems.
I would bet it will hammer at $15,000,000.00
$24,572,000.83
The publicity this coin has garnered in the last 20+ years is far beyond the miniscule and relative obscurity the coin had the first time it sold publicly. Relative to most investments or rare artifacts, most people outside of the coin world had never heard of this coin 20 years ago. Perhaps 1 in 10,000 people knew what the 1933 $20 piece represented.
It has been featured in documentaries, news shows, internet articles, New York Times articles, and more publicity than any other coin in the history of the world, not just the United States. Also, (and this has to be said), the numerous "Heritage Collectors' Mint" ads on TV for the "famed 1933 Double Eagle" (a gold-clad proof coin struck from a copper core, selling for $9.99 or so) has also helped proliferate the reputation and infamy of this particular coin.
Now, in 2021, perhaps 1 in 500 people know what the 1933 $20 piece represents.
It doesn't take MOST people to know what this coin is in order for it to appreciate in value, it only takes the RIGHT people for it to do so.
Consider also that there are several thousand more billionaires in the world now in 2021 (who are all looking for mobile "hard assets" to sink their financial teeth into, especially in this inflationary economy where the Dollar is losing value on a daily basis), whereas 20+ years ago the number of billionaires in the world could fit into a small room. Additionally, the number of people with a net worth of $100M-$999M is much greater as well. Perhaps tenfold or more from 20+ years ago.
Anyone who thinks this coin will simply "break even" and achieve the same price it did 20 years ago is not the kind of person I would take financial advice from. (Anyone who thinks that, I have some Pagenet or Enron stock to sell to you!)
You have to look at the whole picture.
80 Million
BTW...The link has a convenient "register to bid" button & when you push it, a virtual assistant is willing to help you.
2hrs 47min. until live.
Popcorn standing by.
My Saint Set
12 million is my guess
Collector
91 Positive BST transactions buying and selling with 56 members and counting!
instagram.com/klnumismatics
$14,785,000, well out of my price range. I'd be a player at around $2 grand. lol
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
You'd be doing well at 9% of above spot
Above 17 million dollars
I will hazard a guess at $16,325,000.... Of course, if there are not a couple of 'deep pockets' involved, then it will go much lower. Cheers, RickO
$19,330,000 hammer.
I'm still waiting for my share of the Enron money from the Nigerian prince!
Less than an hour.
I will guess a $10,500,000 hammer price.
Usually I would give the amount with all the buyers fees, but no way I'm going to try to figure out their complicated fees in the terms shown below:
.
.
3. Buyer’s Premium; Overhead Premium
A buyer’s premium and an overhead premium
will be added to the hammer price and are
payable by the purchaser as part of the total
purchase price. The buyer’s premium is 25%
of the hammer price up to and including
$400,000, 20% of any amount in excess of
$400,000 up to and including $4,000,000, and
13.9% of any amount in excess of $4,000,000.
The overhead premium is 1% of the hammer
price.
.
.
Some good reading in the lot description. Some I don't recall seeing before like that one sold privately in the 1970's and was turned over to the government in the last few years (It wasn't from the 10 coin Langbord group).
https://sothebys.com/en/buy/auction/2021/three-treasures-collected-by-stuart-weitzman/the-1933-double-eagle
"To Be Esteemed Be Useful" - 1792 Birch Cent --- "I personally think we developed language because of our deep need to complain." - Lily Tomlin
What are the chances that all three lots go to the same bidder?
I'd say very high.
Dead Cat Waltz Exonumia
"Coin collecting for outcasts..."
The "saleroom notice" states: "Please note that there is an Irrevocable Bid, as well as a Guarantee on this lot."
Maybe $15M hammer?
$8.1M.
Whoever is careless with the truth in small matters cannot be trusted with important matters.
No live video link for the auction? Anyone know?
Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners.
I was looking as well - no link on the Sotheby's site that I can see
No link. "Buy Now" doesn't work. wth
Whoever is careless with the truth in small matters cannot be trusted with important matters.
A window should have popped up. I can watch the live stream right now.
Collector
91 Positive BST transactions buying and selling with 56 members and counting!
instagram.com/klnumismatics
Try this if you can't see.
https://www.sothebys.com/en/buy/auction/2021/three-treasures-collected-by-stuart-weitzman/auctionroom
Collector
91 Positive BST transactions buying and selling with 56 members and counting!
instagram.com/klnumismatics
Video is live on the Sotheby's site
Yup, got video now. Woohoo!
Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners.
16,750,000