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I'm dumbfounded.....an 1893 Pr66 BN Indian Proof Cent
millennium
Posts: 3,305
just sold for over $6300.00 on the Heritage auction.....sheesh! I actually thought I had a chance at it. 
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<< <i>I bought it!
The coin really is incredible. Andy from Angel Dees was my underbidder. The other bigshot penny weenie dealers in the room choked! The coin opened at $3,750.00.
It doesn't matter the coin is also a stone PR67.
When you have monster color and killer quality, coins will bring the big bucks. Maybe 1 out of 10000 PR Indians look like this! >>
Yeah yeah yeah......let's see the picture when you get it (since I can bet it will be a better pic than heritage and I didn't have the pleasure of seeing it in person and really want to see it!)
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
It was just a matter of time before the market caught up with these beauties.
You need only to put a monster toner next to a "red" coin. If each were priced the same which would you choose? If a common date Morgan with 1000's in high grade can sell for 10-100x sheet, how much should these little gems sell for?
Knowledge is the enemy of fear
<< <i>The coin is an absolute monster.
It was just a matter of time before the market caught up with these beauties.
You need only to put a monster toner next to a "red" coin. If each were priced the same which would you choose? If a common date Morgan with 1000's in high grade can sell for 10-100x sheet, how much should these little gems sell for? >>
This may be the springboard for these IHCs.
Specializing in 1854 and 1855 large FE patterns
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<< <i>This may be the springboard for these IHCs. >>
SHhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhHHHHHHHHHHHHHHHHH!!!!!!!!!!!!......be quiet!
Partner / Executive VP
Heritage Auctions
<< <i>
<< <i>This may be the springboard for these IHCs. >>
SHhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhHHHHHHHHHHHHHHHHH!!!!!!!!!!!!......be quiet! >>
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
Maybe 1 out of 10,000 brown or RB's may look like that, but no (or few) reds look anything like a brown indian cent. This is a matter of personal preference. I would take the red coin every day.
I'll pay a nice premium for a pretty toned proof Indian, but not more than the price of a red. Here's one area where I'll be behind the times forever. It's one thing for the farsighted owner to have paid a 2x or 3x premium for such a coin. He had far little into it. But today's premium is of far more risk. For $6300, I'll take a gem bust half, dime, or proof no motto seated half...or even a fistfull of MS65 or MS64 saints.
But congrats on being the new owner for a short while.
roadrunner
<< <i>I will reveal that Pinnacle was the consignor of record for this coin and will support the claims that this coin was a monster piece and deserving of a special price. The previous owner was simply "ahead of his time" when he paid a premium to acquire this coin. Moreover, a few people had the chance to purchase this coin directly/privately at a lower price, but passed. Congrats to its new owner! >>
Todd,thank you for your kind words.I will miss that coin,as well as the 98 that also went wild.Congrats to the new owner.
<< <i>
<< <i>I will reveal that Pinnacle was the consignor of record for this coin and will support the claims that this coin was a monster piece and deserving of a special price. The previous owner was simply "ahead of his time" when he paid a premium to acquire this coin. Moreover, a few people had the chance to purchase this coin directly/privately at a lower price, but passed. Congrats to its new owner! >>
Todd,thank you for your kind words.I will miss that coin,as well as the 98 that also went wild.Congrats to the new owner.
Post a pic to the thread so we can be lazy
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
OK - that picture is worth a
My posts viewed
since 8/1/6
<< <i>OK - that picture is worth a
I'll second that !
What a cozy forum we have here. All parties who owned or helped with the past 2 sales of this coin are well known forum members most of whom posted to this thread!
<< <i>It doesn't matter the coin is also a stone PR67. >>
Laura is playing the upgrade game, just like a WANNABE!!!
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
<< <i>..but I hate them for driving the market since I still have a lot to acquire >>
Man I couldn't agree more.....I like the fact that the market is finally "on to them"...but now my chances of getting more just got harder (ie: more expensive)....Maybe they'll start ignoring the REDS now, It might be the time to be going after the Red and Browns a little more aggresive........who knows?
but, why is it that you can kick $300k on a coin but yet, you can't spend $100 for a digital camera and post pics of the coin/s that you won/win?
just curious.....I know if I even spent $1k on a coin....that coin would be in the initial thread starter.
Hell, I don't need to exercise.....I get enough just pushing my luck.
You will have to sign in to see the pic though.
Box of 20