Deadhorse has thrown the gauntlet. Any Numismatic detectives out there ready to take up the challenge and locate the present whereabouts of the "infamous Barney toner?" I guess one could start with someone who has connections with the Goldbergs since its last public apperance was in their auction. Once located perhaps NGC and PCGS could fight over rights to pur it in a special "Barney" holder. With the added pedigree there ought to be someone out there willing to bid it up.
Well, if Mad Marty could get his name on a slab, with all the fanfare this coin has received I would think PCGS wouldn't mind adding the "Barney" pedigree to the coin. Maybe I'll go over to the Q&A board and ask David himself.
Barney is a very nice guy. He is impulsive though.
The seller of that coin did offer to buy it back for full price. Barney had it on eBay and it was well over a grand when he canceled the auction (if I remember correctly). Barney thought he had placed a reserve with the Golderg auction and when he found out there wasn't he tried to fix it to no avail. I offered to handle it's sale but was turned down. It could easily have worked out better for him.
That coin does look better in hand. The yellow on the reverse is more vibrant than the photo. There is some bag pattern on the reverse. I liked it very much as is a two sided toner with great color, luster and bag pattern.
Any closer to this coin surfacing? I'll bet if PCGS gave it a "Barney pedigree" and it was auctioned to the group on this board with a provision that all profits over $800 would be split between the seller and a refund to "Barney" that this could be a win win situation - especially if it brought Barney back. Anything we can do to make Lucy happy should have mass appeal around here.
Barney had it on eBay and it was well over a grand when he canceled the auction (if I remember correctly).
Actually, the coin had reached closer to $2k on ebay and had still not met reserve when he pulled the auction. I believe TBT was the high bidder at the time. Barney had 2 chances to get out of this coin for close to what he had in it, and chose not too. I really liked the piece, but not at that price.
There is another lesson in here for beginning collectors. Don't get sucked into the latest "hot" item. Toners got real hot on this board and I think some of Barney's motivation to purchase it was to become part of the crowd and to impress others. As many mistakes as he made my heart truly went out to him given what he was battling.
The post by Newmismatist is one of the most lucid descriptions of how not to buy coins, I have read. At the time of the post, investment in any top Morningstar Mutual Fund would have perhaps made 50% profit on his money. Investment in in fact in a 1955, 1956, or 1957 Chevy 2-Door would also have done as well. The buyer suffered from hubris and the need to empress was his downfall. The only thing Numismatist is incorrect about, is that (speaking as a former professional), this person would have had about a 40% chance of doubling his money in a high stakes poker game over ONE (and only one) evening. He had zero chance with coins, biofuels (12%!!!!!!), or that 1959 unless it was a fuelie convertible or something as odd and high-valued as the common date 1886 Morgan. How do you ignor what Carl Wohlforth tells you if you asked for an opinion in the first place?? Trys to give all coin collecting a bad name, forget about classic cars and the stock market.
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"Senorita HepKitty"
"I want a real cool Kitty from Hepcat City, to stay in step with me" - Bill Carter
The seller of that coin did offer to buy it back for full price. Barney had it on eBay and it was well over a grand when he canceled the auction (if I remember correctly). Barney thought he had placed a reserve with the Golderg auction and when he found out there wasn't he tried to fix it to no avail. I offered to handle it's sale but was turned down. It could easily have worked out better for him.
That coin does look better in hand. The yellow on the reverse is more vibrant than the photo. There is some bag pattern on the reverse. I liked it very much as is a two sided toner with great color, luster and bag pattern.
Actually, the coin had reached closer to $2k on ebay and had still not met reserve when he pulled the auction. I believe TBT was the high bidder at the time.
Barney had 2 chances to get out of this coin for close to what he had in it, and chose not too.
I really liked the piece, but not at that price.
in fact in a 1955, 1956, or 1957 Chevy 2-Door would also have done as well. The buyer suffered from hubris and the need to empress was his downfall. The only thing Numismatist is incorrect about, is that (speaking as a former professional), this person would have had about a 40% chance of doubling his money in a high stakes poker game over ONE (and only one) evening. He had zero chance with coins, biofuels (12%!!!!!!), or that 1959 unless it was a fuelie convertible or something as odd and high-valued as the common date 1886 Morgan. How do you ignor what Carl Wohlforth tells you if you asked for an opinion in the first place?? Trys to give all coin collecting a bad name, forget about classic cars and the stock market.
Superior
Toned Coins for sale @ tonedcointrader.com
Toned Coins for sale @ tonedcointrader.com