1794 $1 - HA auction in April

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vpr
vpr Posts: 632 ✭✭✭
edited February 7, 2025 6:13PM in U.S. Coin Forum

It has been a while since one came up for sale. Anyone interested? Any guesses on what the hammer price will be? I'm taking bets. In all seriousness, I'm Interested in your take on the current market for this grail coin!

https://coins.ha.com/itm/early-dollars/coming-soon-pcgs-6851-/p/1383-11070.s?ic4=GalleryView-Thumbnail-071515

References: Too many to list. PM for details. 100% satisfaction both as buyer and seller. As a seller, I ship promptly and keep buyers updated.

Comments

  • scubafuel
    scubafuel Posts: 2,080 ✭✭✭✭✭
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    I guess $230k.

  • WildWestHalfDollars
    WildWestHalfDollars Posts: 7,106 ✭✭✭✭✭
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    250k to 300k

    Liberty Seated Half Dollars

  • rays
    rays Posts: 2,424 ✭✭✭✭✭
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    Eye appeal is quite good for a F12. I could see $300k easily.

  • jmlanzaf
    jmlanzaf Posts: 43,047 ✭✭✭✭✭
    edited February 7, 2025 7:24PM
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    Nice coin.

    All comments reflect the opinion of the author, even when irrefutably accurate.

  • redraider
    redraider Posts: 368 ✭✭✭✭✭
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    That’s going to go big. These don’t come up often and this is a quality coin for the grade. Throw out the price books. $300k

  • MsMorrisine
    MsMorrisine Posts: 40,041 ✭✭✭✭✭
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    honest circ cam color and not a hint of attempts to preserve it

    add 20%!

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • GuzziSport
    GuzziSport Posts: 604 ✭✭✭✭✭
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    Gorgeous for the grade.

    Other passions include golf, Moto Guzzi motorcycles, and Euro motorcycles in general.
    Chris

  • Walkerfan
    Walkerfan Posts: 10,392 ✭✭✭✭✭
    edited February 8, 2025 5:51AM
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    Easy $300K or better.

    It looks wholesome and people go nuts for the OGH/CAC combo.

    Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍

    My Full Walker Registry Set (1916-1947):

    https://www.ngccoin.com/registry/competitive-sets/16292/

  • johnny9434
    johnny9434 Posts: 34,068 ✭✭✭✭✭
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    Long as the buyer is happy it's money well spent 😎

  • vpr
    vpr Posts: 632 ✭✭✭
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    @Walkerfan said:
    Easy $300K or better.

    It looks wholesome and people go nuts for the OGH/CAC combo.

    I'd have assumed that the people who buy coins like this one won't care about the holder.

    References: Too many to list. PM for details. 100% satisfaction both as buyer and seller. As a seller, I ship promptly and keep buyers updated.
  • Coinbert
    Coinbert Posts: 763 ✭✭✭✭✭
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    A wonderful example of a 1794 dollar. Many of us wish we had purchased one twenty years ago.

  • CoinPhysicist
    CoinPhysicist Posts: 638 ✭✭✭✭
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    No guess, but wow.

    Successful transactions with: wondercoin, Tetromibi, PerryHall, PlatinumDuck, JohnMaben/Pegasus Coin & Jewelry, CoinFlip, coinlieutenant, bigjpst, and joebb21.

  • JohnF
    JohnF Posts: 397 ✭✭✭✭✭
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    that might be the most original circ 1794 dollar I've ever seen. love it!

    John Feigenbaum
    Whitman Brands: President/CEO (www.greysheet.com; www.whitman.com)
    PNG: Executive Director (www.pngdealers.org)
  • EastonCollection
    EastonCollection Posts: 1,707 ✭✭✭✭✭
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    Gorgeous example!

    Easton Collection
  • BillJones
    BillJones Posts: 35,933 ✭✭✭✭✭
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    It would be ideal grade for me, but I bet it will sell for more than I have ever paid for any piece in my collection.

    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • Desert Moon
    Desert Moon Posts: 6,479 ✭✭✭✭✭
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    @CoinRaritiesOnline said:
    I'd like 5 minutes to polish that slab.

    Might take 10.........

    All seriousness, price will depend on how many bidders really want it. But it will be expensive for this wonderful coin..............................

    My online coin store - https://desertmoonnm.com/
  • Clackamas1
    Clackamas1 Posts: 1,724 ✭✭✭✭✭
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    Why would someone consign this to Heritage with a 20% vig? The coin sells itself and hurts the seller unless they are getting a 17.5% kick back.

  • Ridley06
    Ridley06 Posts: 90 ✭✭✭
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    @1peter1223 said:
    BIG $ .
    They usually come with A LOT of issues . This piece is truly nice for the grade .
    The strike is almost always weak . I always thought this example had the closet thing to a "Solid FULL Strike" ......


    I absolutely agree. I have never seen the stars on a 94 that strong. The CACG MS67 has nothing on this one. What's the grade?

  • 1peter1223
    1peter1223 Posts: 140 ✭✭✭
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    @Ridley06 said:

    @1peter1223 said:
    BIG $ .
    They usually come with A LOT of issues . This piece is truly nice for the grade .
    The strike is almost always weak . I always thought this example had the closet thing to a "Solid FULL Strike" ......


    I absolutely agree. I have never seen the stars on a 94 that strong. The CACG MS67 has nothing on this one. What's the grade?

    NGC MS61. That was the grade when it sold in 2005 .

    https://coins.ha.com/itm/early-dollars/1794-1-ms61-ngc-bass-collection-the-late-jack-collins-made-a-special-study-of-1794-dollars-and-traced-their-pedigrees-for-many-years/a/376-6571.s?ic4=ListView-ShortDescription-071515#

  • TomB
    TomB Posts: 23,189 ✭✭✭✭✭
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    Whoa...

    Thomas Bush Numismatics & Numismatic Photography

    In honor of the memory of Cpl. Michael E. Thompson

    image
  • pursuitofliberty
    pursuitofliberty Posts: 7,926 ✭✭✭✭✭
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    Has a few reverse issues, but overall that's a heck of a coin. Last sold for 170.k in 2013.

    Based on the P12cac that sold in January, this one seems like it should get 250.k on the Bid. That's my WAG


    “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
  • tcollects
    tcollects Posts: 1,139 ✭✭✭✭✭
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    what a great coin! it doesn't look messed with from the pics. clear date, wow. there's something appealing about how it circulated, it didn't get squirreled away as a souvenir here or in England or wherever, it passed through the hands of early commerce, so cool, I'd love to own this, I'll guess $330k with the juice

  • gschwernk
    gschwernk Posts: 377 ✭✭✭✭✭
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    Estimates are too high unless someone has to have CAC. My VF30 sold a couple of years ago < $250K.

  • Ridley06
    Ridley06 Posts: 90 ✭✭✭
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    @Clackamas1 said:
    Why would someone consign this to Heritage with a 20% vig? The coin sells itself and hurts the seller unless they are getting a 17.5% kick back.

    The consignor is almost certainly getting hammer plus a certain amount of bid like you alluded to.

  • BAJJERFAN
    BAJJERFAN Posts: 31,659 ✭✭✭✭✭
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    @MFeld said:

    @vpr said:

    @Walkerfan said:
    Easy $300K or better.

    It looks wholesome and people go nuts for the OGH/CAC combo.

    I'd have assumed that the people who buy coins like this one won't care about the holder.

    Some people might not care, but most assuredly, many others do.

    Why doesn't Heritage have someone polish it? Might bring even more money?

    theknowitalltroll;
  • messydesk
    messydesk Posts: 20,814 ✭✭✭✭✭
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    @MFeld said:

    @vpr said:

    @Walkerfan said:
    Easy $300K or better.

    It looks wholesome and people go nuts for the OGH/CAC combo.

    I'd have assumed that the people who buy coins like this one won't care about the holder.

    Some people might not care, but most assuredly, many others do.

    This surprises me. Would a new holder that wasn't chipped and scratched actually cause someone to sit out on a $300K coin they've otherwise been waiting 10 years to have a shot at buying? I would have thought the influence of the old holder became negligible at a price point a couple zeros lower.

  • MFeld
    MFeld Posts: 17,132 ✭✭✭✭✭
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    @messydesk said:

    @MFeld said:

    @vpr said:

    @Walkerfan said:
    Easy $300K or better.

    It looks wholesome and people go nuts for the OGH/CAC combo.

    I'd have assumed that the people who buy coins like this one won't care about the holder.

    Some people might not care, but most assuredly, many others do.

    This surprises me. Would a new holder that wasn't chipped and scratched actually cause someone to sit out on a $300K coin they've otherwise been waiting 10 years to have a shot at buying? I would have thought the influence of the old holder became negligible at a price point a couple zeros lower.

    The post to which I replied mentioned the “OGH/CAC combo”.
    Some bidders might not care about the holder or the CAC sticker but others would, about one or both.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • messydesk
    messydesk Posts: 20,814 ✭✭✭✭✭
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    @MFeld said:

    @messydesk said:

    @MFeld said:

    @vpr said:

    @Walkerfan said:
    Easy $300K or better.

    It looks wholesome and people go nuts for the OGH/CAC combo.

    I'd have assumed that the people who buy coins like this one won't care about the holder.

    Some people might not care, but most assuredly, many others do.

    This surprises me. Would a new holder that wasn't chipped and scratched actually cause someone to sit out on a $300K coin they've otherwise been waiting 10 years to have a shot at buying? I would have thought the influence of the old holder became negligible at a price point a couple zeros lower.

    The post to which I replied mentioned the “OGH/CAC combo”.
    Some bidders might not care about the holder or the CAC sticker but others would, about one or both.

    CAC sticker I can understand, especially on a coin at this price. Old holder is simply exonumia to me and the sticker can be replaced on a reholder.

  • BryceM
    BryceM Posts: 11,940 ✭✭✭✭✭
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    Gorgeous coin.

    My thoughts about other thoughts expressed here. Why use a big auction house? Lots of exposure. Lots of eyes. Also, as with most things in business, the exact terms are negotiable. The consignor will most likely be given a significant percentage of the buyer's fees (and pay no seller fees).

    As for the slab, some people like the fact that nobody has touched the coin for a couple of decades. Sure, it's more important with copper, but it's still something. The sticker helps, but ultimately it's the coin that will set the price.

    And, yeah, it's pretty easy to clean up a slab. Almost free, and safer than a re-holder too, as long as you're careful.

  • johnny010
    johnny010 Posts: 1,858 ✭✭✭✭✭
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    @MFeld said:

    @messydesk said:

    @MFeld said:

    @messydesk said:

    @MFeld said:

    @vpr said:

    @Walkerfan said:
    Easy $300K or better.

    It looks wholesome and people go nuts for the OGH/CAC combo.

    I'd have assumed that the people who buy coins like this one won't care about the holder.

    Some people might not care, but most assuredly, many others do.

    This surprises me. Would a new holder that wasn't chipped and scratched actually cause someone to sit out on a $300K coin they've otherwise been waiting 10 years to have a shot at buying? I would have thought the influence of the old holder became negligible at a price point a couple zeros lower.

    The post to which I replied mentioned the “OGH/CAC combo”.
    Some bidders might not care about the holder or the CAC sticker but others would, about one or both.

    CAC sticker I can understand, especially on a coin at this price. Old holder is simply exonumia to me and the sticker can be replaced on a reholder.

    I feel the same way you do. But I’m no longer surprised by (and try not to judge) some of the collecting priorities or requirements that differ so much from my own.

    Well said!

  • WinLoseWin
    WinLoseWin Posts: 1,912 ✭✭✭✭✭
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    It brought $240,000 all in today compared to CAC retail price guide of $210k and PCGS guide of $250k.

    Same coin brought $170k in a 2013 auction. This latest price was about 10 percent more than a different F-12 CAC which sold in Jan 2024 at $216,000.

    "To Be Esteemed Be Useful" - 1792 Birch Cent --- "I personally think we developed language because of our deep need to complain." - Lily Tomlin

  • Ridley06
    Ridley06 Posts: 90 ✭✭✭
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    I thought it would go for $250,000+. I was able hold this coin at the CSNS and it was all there! I prefer circulated 94 dollars cause the weak strike blends well with the wear imo. Congrats to the buyer!

  • LukeMarshall
    LukeMarshall Posts: 2,212 ✭✭✭✭✭
    edited May 6, 2025 7:12AM
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    edit ;

    It's all about what the people want...

  • World67
    World67 Posts: 13,098 ✭✭✭✭✭
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    Green holder, green ring, green bean. What's not to like?

  • pcgsregistrycollector
    pcgsregistrycollector Posts: 2,325 ✭✭✭✭✭
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    It has a really nice eye appeal in my opinion. One can tell the surfaces haven't been messed with.

    Proud follower of Christ! I love the USA! Land of the Bright and Beautiful! 🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸

  • Vasanti
    Vasanti Posts: 460 ✭✭✭✭
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    @WinLoseWin said:
    It brought $240,000 all in today compared to CAC retail price guide of $210k and PCGS guide of $250k.

    Same coin brought $170k in a 2013 auction. This latest price was about 10 percent more than a different F-12 CAC which sold in Jan 2024 at $216,000.

    It barely beat inflation.

  • MsMorrisine
    MsMorrisine Posts: 40,041 ✭✭✭✭✭
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    is there a ex-everything-but-coins inflation metric?

    i don't believe the gub-mint numbers. anyway car inflation has to be in there and what's the relevance

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • Catbert
    Catbert Posts: 8,258 ✭✭✭✭✭
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    @MsMorrisine said:
    is there a ex-everything-but-coins inflation metric?

    i don't believe the gub-mint numbers. anyway car inflation has to be in there and what's the relevance

    Your post confuses me. It’s about what a U.S. dollar can buy. Inflation reduces its value. What things you buy are irrelevant.

    Seated Half Society member #38

    "She comes out of the sun in a silk dress,
    running like a water color in the rain...."

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