Reverse Cherry Pick

lkrarecoins · August 21, 2006 2:43AM

Has anyone ever gone against all odds and actually cherry picked from a reputable dealer, auction house, or professional numismatist?

I would imagine this is possible....Hey, even Betty Crocker burns a cake once in a while

STONE · August 21, 2006 2:47AM

Someone from my local Coin Club Cherrypicked a Nice 1860 Pattern Proof Quarter.

You may recall an article in Coin World &/or Numismatic News; somewhere around Late June or Early July.

Barndog · August 21, 2006 2:48AM

people post that kind of information here frequently.

I heard MANY such stories while at ANA

StrikeOutXXX · August 21, 2006 2:53AM

<< <i>Has anyone ever gone against all odds and actually cherry picked from a reputable dealer, auction house, or professional numismatist?

I would imagine this is possible....Hey, even Betty Crocker burns a cake once in a while

>>

Ask Marty about his Inverted-S Kennedy's

I don't think there are any dealers who knows everything about every series. I'd venture to guess that every dealer has a weak or weaker area of knowledge that leaves him/herself open for cherrypicking by a more knowledgeable collector/other dealer.

I like the stories when a collector cherrypicks a specialist in the area that was cherrypicked.

greghansen · August 21, 2006 2:53AM

Numismatic knowledge shares one thing with foreign intelligence gathering: Your never know what you don't know.

Even the pro's or specialists get picked from time to time.

koynekwest · August 21, 2006 2:56AM

All the time.

Conder101 · August 21, 2006 6:45AM

Oh it happens. Two of the five known 1822 N-14 large cents have been cherrypicked at the annual EAC convention. (I believe the discovery specimen and the third known piece.)

Leiana · August 21, 2006 6:58AM

<< <i>Oh it happens. Two of the five known 1822 N-14 large cents have been cherrypicked at the annual EAC convention. (I believe the discovery specimen and the third known piece.) >>

Wow. That's quite a story!

-Amanda

seanq · August 21, 2006 7:04AM

I remember a story about a collector cherrypicking a rare overton Half variety from a specialist in the series, I believe it was an 1806 "no stem through claw" reverse. When he pointed out the attribution to the dealer, he agreed to sell it at the marked price under the condition that the collector never divulge where he had cherried it.

Now me... well, I've never cherrypicked anything from a dealer... as far as they know.

Sean Reynolds

bigtonydallas · August 21, 2006 7:21AM

Last weekend I cherried an 1894/1894 Indian cent from a dealer at the Grapevine coin show here in Texas. You can see the doubling with the naked eye. A few years ago I bought a 1970-s proff penny out of the cheap case from a dealer in Dallas for a $1. I sent it to ANACS and it came back SMALL DATE PF65 Cameo! I bought a 1939 jefferson on Ebay with only the obverse showing in the auction. It was the DDR and was AU. I paid $3 for it. The pool is alot dryier now but there are still varieties out there!!!

66RB · August 21, 2006 7:25AM

I remember reading on this board of a member here buying a 1935 DDO Lincoln in an NGC MS66 Red holder....It wasn't notated on the holder and I believe he paid 'regular' 1935 MS66 Red money for it.

VamGuy · August 21, 2006 7:32AM

<< <i>Has anyone ever gone against all odds and actually cherry picked from a reputable dealer, auction house, or professional numismatist? >>

Every day, every coin show, every Heritage auction, all day long.

lkrarecoins · August 21, 2006 7:53AM

Wow, those are some awesome stories....Thx everyone for your time and interesting tibbits...

I don't know if you consider this an authentic pick, however I recently bought a 1921 SLQ for under $60 bucks
and had no problem selling it for $145 bucks. I think it was more of a dealers grading issues than a genuine cherry pick,
but I'll take that every day.

Thx everyone for your insight...Have a good evening.

Len

Flyfishguy · August 21, 2006 8:00AM

I've had two great Cherry Picking episodes in my life. Both about 12 years ago, and both at the Long Beach show.

1. I was at a table and saw a 1857 IHC in the old "Rattler" holder graded MS63. I looked at it and realized it was the S-9 Variety. Bought it, walked across the hall and sold it to Rick Snow for much more than I paid for it.

2. Same show. I wanted a nice Unc roll of Morgan Dollars. I was sitting at a table waiting as a buyer was looking at the roll deciding if he wanted it. When he didn't, the dealer handed it me and I started to look through it. It was a original roll of 1887's. Five of the coins were 1887/6 that graded out at PCGS as MS 63. I think I bought the roll for $240.

RotatedRainbows · August 21, 2006 8:55AM

I cherry picked an old dull, cleaned, scratched bustie from a Heritage auction dated 1807 and graded AU by NCI. As expected it was the rarest variety 111 (bearded Goddess) and was the even rarer prime without any trace of the beard. Was told by a few that they seen the coin in the auction but assumed it was the common 112, recently sold for the second time in the 10K range. Here is the auction listing when I sold it in the early 90's in one of Sheridan Downeys auctions.

Coxe · August 21, 2006 9:12AM

More often than they would believe. Got a gem 7/8 TF from a very knowledgeable silver dollar dealer from his front case early in a show (Long Beach a year ago) for 7TF Rec 78 money (as it was slabbed as such). When it comes to VAMs, it gets far more obscene.

Reverse Cherry Pick

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