Sometimes you get a nice cherrypick. Then sometimes you GET cherrypicked. (Draped Bust half)
lordmarcovan
Posts: 43,673 ✭✭✭✭✭
See the coin in the lower left-hand corner of this picture, from my Holey Coin Vest? The 1806 Draped Bust half.
Well, I got a holey Draped Bust half with slightly better details, so that 1806 ended up being an extra for the holey type set on the vest.
I got a decent cherrypick on it when I traded for it at the FUN show one year-
I'd swapped some Darkside proof sets for it. I figger I had maybe forty or fifty bucks in it at most.
Well, recently, ol' Cladiator said he was interested in it. I was in no hurry to sell it and was playing with the idea of keeping it, even though I had a nicer-grade 1807.
But I let him talk me into swapping some stuff for it. He got a decent deal in the trade.
Less than a month after getting it, he decided to put it up on eBay. Apparently it was a scarce variety, unbeknownst to either of us.
Ouch.
Sometimes you're in the driver's seat, and sometimes you're the flattened possum in the middle of the highway.
Good for him, ouch for me.
Well, I got a holey Draped Bust half with slightly better details, so that 1806 ended up being an extra for the holey type set on the vest.
I got a decent cherrypick on it when I traded for it at the FUN show one year-
I'd swapped some Darkside proof sets for it. I figger I had maybe forty or fifty bucks in it at most.
Well, recently, ol' Cladiator said he was interested in it. I was in no hurry to sell it and was playing with the idea of keeping it, even though I had a nicer-grade 1807.
But I let him talk me into swapping some stuff for it. He got a decent deal in the trade.
Less than a month after getting it, he decided to put it up on eBay. Apparently it was a scarce variety, unbeknownst to either of us.
Ouch.
Sometimes you're in the driver's seat, and sometimes you're the flattened possum in the middle of the highway.
Good for him, ouch for me.
0
Comments
A painful education. Speaks well for the free market aspect of Ebay, though.
Sorry.
Check out my current listings: https://ebay.com/sch/khunt/m.html?_ipg=200&_sop=12&_rdc=1
Perhaps edit you thread title to include "Bust Half" to attact some of those nuts!
Lordminivan...
can we kick you while you are down?
Sorry, couldn't resist
I believe you when you say it was an unintentional cherrypick, though.
Larry
Dabigkahuna
LM, you apparently cherrypicked someone without knowing it.
Cladiator then cherry picked you, also without knowing it.
Two e-bay bidders then rewarded him for his un-announced treasure!
Jim
so what's the variety?
Liberty: Parent of Science & Industry
Any clue as to the variety and the identification of it?
Kind of makes you afraid to sell anything unless a diligent variety check is done. Don't it?
collections: Maryland related coins & exonumia, 7070 Type set, and Video Arcade Tokens.
The Low Budget Y2K Registry Set
At least you guys know who is buying lunch at the next Forum luncheon.
Sean Reynolds
"Keep in mind that most of what passes as numismatic information is no more than tested opinion at best, and marketing blather at worst. However, I try to choose my words carefully, since I know that you guys are always watching." - Joe O'Connor
Not the first time this has happened to me, either. I once left $2200 "lying on the table", so to speak, in a similar situation.
We live and learn.
Being something of a "general practitioner" in the numismatic arena (a jack of all trades and a specialist in none) I fully expect to get cherrypicked by variety collectors sometimes.
But this is pretty astonishing. Makes me wonder what else is on that Holey Coin Vest that neither I nor anybody else paid attention to because they were just "holey junk"...
Jim
collections: Maryland related coins & exonumia, 7070 Type set, and Video Arcade Tokens.
The Low Budget Y2K Registry Set
<< <i>Makes me wonder what else is on that Holey Coin Vest that neither I nor anybody else paid attention to because they were just "holey junk"... >>
You just reminded me of a funny story from WESPNEX last weekend. I was digging through a junk box of obsolete type and finding pretty much nothing worth my efforts, but not wanting to leave empty handed I grabbed these two holed half dimes, one undated bustie and an 1852-O seated. The dealer actually took out his Greysheet and looked up the 1852-O before quoting me $1 apiece for the coins. I guess he was worried that I'd cherrypicked him. I wish I had his email address now, I'd send him the link to that auction.
Sean Reynolds
"Keep in mind that most of what passes as numismatic information is no more than tested opinion at best, and marketing blather at worst. However, I try to choose my words carefully, since I know that you guys are always watching." - Joe O'Connor
Back in February I was on the other end of a cherrypick. That coin will go off to PCGS soon.
Great transactions with oih82w8, JasonGaming, Moose1913.
This clinches it.
Jim
-Daniel
-Aristotle
Dum loquimur fugerit invida aetas. Carpe diem quam minimum credula postero.
-Horace
Ray
Seems to me that Cladiator ought to throw you some type of bone for his windfall!
Of course he is not obligated, it would be the decent thing to do once he has payment and the deal is done.
“In matters of style, swim with the current; in matters of principle, stand like a rock." - Thomas Jefferson
My digital cameo album 1950-64 Cameos - take a look!
The reverse is a match for L, used on O.116, the unmistakable late state die crack and berry to A position. The obverse is definately not 9, used on 116.
The obverse is similar to 11, used on O.123, 124, and the new 128 (one known obv 11, rev L). But star 7 is way to close to L, and S4 points to a different position on the ribbon, which will not be affected by die state.
The 6 also does not touch drapery, which it does on obv 11.
Unless it is a counterfeit or fake, which is unlikely because of the existing reverse, this may be the new discovery of 1806 O.129. A couple of very observant bidders! I need to start looking at holed coins!
edit - unlikely counterfeit because of the existing reverse L, obverse would be new
Good eye, Nysoto.
Lord M, I wouldn't feel bad about the cherrypick. If a new variety, only an expert would have realized it. The book wouldn't have
helped you.
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<< <i>I'm going to post this to the BHNC forum and I'll post again in a day or so with any new info. >>
I'll bet someone lunch that it's already being discussed over there, either by the winner or the underbidder - maybe both.
Sean Reynolds
"Keep in mind that most of what passes as numismatic information is no more than tested opinion at best, and marketing blather at worst. However, I try to choose my words carefully, since I know that you guys are always watching." - Joe O'Connor
The question now is where did you find it? And how does the honor of discovering 1806 O.129 get disbursed? You, who wore it and didn't know what you had? Cladiator didn't seem to know either. Nysoto appears to be the first here to recognize it for what it is. Or maybe colridge or earlymint desrve the credit. Either way, PLEASE take some high quality images before you ship the coin!
I sent the ebay link and images to Don Parsley. Too bad he has already gone to press with the 4th edition of Overton. Just goes to show that knowledge is king. And spending time on ebay looking at holey coins!
The last-minute bidding was interesting. The underbidder had bid $1377 with about 10 hours to go, but at that point his high bid would have shown as just a little over $150. The winner bid (at least) $1801 with 13 seconds left, which would have jacked the current bid from around $150 all the way up to around $1400. The eventual underbidder had time to try a late snipe with two seconds to go and went up to $1776, but it wasn't enough. And who knows what the winner's top bid actually was.
For sure, it's not like the underbidder entered a late snipe of mammoth proportions never expecting to be run up that high, since his $1377 bid had been entered hours before the auction ended.
It would be very cool if it turned out to be an unknown variety. Hope we hear about it if that's the case.
New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.
<< <i>PLEASE take some high quality images before you ship the coin! >>
Unfortunately the coin was shipped via Registered Mail this afternoon so the opportunity for me to re-image it is gone. I do however have the very large size version of the photos that appear in the auction. I resized them down to be more auction friendly. The images are massive and I don't want to post them to the thread as it will kill any dial-upper instantly. If you want them, PM me and I will supply them.
As for crediting the "discovery" I think 99% of the credit should go to the winner of the auction. A mention of the Bust Guys here that first called it seems appropriate as well. Perhaps a very small footnote about LordM and myself in a funny story of how the coin came to be found but I feel neither of us really deserve any true mention. For my part, I never even thought of attributing the coin when I got it. With the wear and the hole it just never occured to me, that being said...I'm confident that if I had tried to attribute it I would not have called it as a discovery coin. My knowledge and experience with the Draped series is minimal at best. Now, if this were a discovery Capped Bust coin that I missed...they'd be fishing me out of the river right now LOL
ps. If this is the real deal and it makes it to print I'd love to know when/where so I can get a copy for a keepsake
And another new draped bust obverse, too
Liberty: Parent of Science & Industry
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<< <i>That's one reason I posted this- what IS the variety, anyway? >>
Looks like a drapless bust, very rare and quite naughty!
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TorinoCobra71
TorinoCobra71
FrederickCoinClub
I am Looking to Buy California Tokens too.