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Eliasberg 1913 Liberty Head Nickel Sold for $5 Million

CoinLinkCoinLink Posts: 16
in U.S. Coin Forum
Link to Press Release just issued
«1

Comments

  • SilverEagles92SilverEagles92 Posts: 6,787 ✭
    TDN must be happy
    image
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  • poorguypoorguy Posts: 4,317 ✭
    sigh. I was just about to pull the trigger on that one too. image That collector just gained a very cool and popular piece of numismatic history. image
    Brandon Kelley - ANA - 972.746.9193 - http://www.bestofyesterdaycollectibles.com
  • STONESTONE Posts: 15,275 ✭
    I wonder how the general press will respond to this story. But it's a great and mysterios piece of numismatic history.
  • fcfc Posts: 12,793 ✭✭✭
    what a rip off








    ;-)
  • DarkmaneDarkmane Posts: 1,021 ✭
    $850,000 price increase in under 2 years... not too shabby.

    That is what... a 20% price increase, or about 9% yearly. Impressive.
  • roadrunnerroadrunner Posts: 28,313 ✭✭✭✭✭
    That gives TDN some more ammo for other stuff. Look out! I'm sure TDN is ready to venture into some new arenas.

    The unnamed collector took possession of the coin at an undisclosed Southern California location on Wednesday, April 25.

    Rumor has it that the exchange was done at a local IHOP to avoid suspicion (hidden under a blueberry pancake and passed under the table)

    roadrunner


    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • LakesammmanLakesammman Posts: 17,464 ✭✭✭✭✭
    $850,000 price increase in under 2 years... not too shabby.

    Assuming there were no better opportunities lost while the money was tied up. image
    "My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose, Cardinal.
  • jgrinzjgrinz Posts: 985 ✭✭✭
    I think a Congrats are in order to Bruce and Laura ... Great historical deal put together by two of the finest

    image
  • DorkGirlDorkGirl Posts: 9,994 ✭✭✭


    << <i>I think a Congrats are in order to Bruce and Laura ... Great historical deal put together by two of the finest >>



    I agree. image
    Becky
  • jmski52jmski52 Posts: 23,287 ✭✭✭✭✭
    Is this considered "flipping?"

    Edited to add.............negative? You think calling this flipping is negative? I can point you to at least 40 threads where classics collectors say alot worse about anyone who sells a modern for a profit!
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • pbfloydpbfloyd Posts: 745
    I am too poor to even reply to this thread!!! Any sellers remorse??
  • DarkmaneDarkmane Posts: 1,021 ✭
    "Flipping" seems negative. So no, this was not "Flipping", IMO.

    Owning one of the COOLEST numismatic treasures for TWO YEARS and then making DAMN NEAR a MILLION DOLLARS when selling it.... well...
  • RussRuss Posts: 48,514 ✭✭✭
    Congrats TDN! (Although I'm sure he's having mixed emotions right now).

    Russ, NCNE
    eBay consignment sales | | Collectibles from Resco CCC
  • FletcherFletcher Posts: 3,294 ✭
    Well done image

  • DJCoinzDJCoinz Posts: 3,856 ✭
    That's pretty cool. Not a bad profit either! image
    aka Dan
  • etexmikeetexmike Posts: 6,852 ✭✭✭
    I wonder what the next major coin investment is for TDN?

    This one will be kinda hard to top.

    image to TDN and Laura.

    -------------

    etexmike
  • VicDaewooVicDaewoo Posts: 268
    I begged them to dump that thing, I'm glad they wised up.
  • GoldenEyeNumismaticsGoldenEyeNumismatics Posts: 13,187 ✭✭✭
    Modern Crap! image

    actually, it's not really that modern image
  • CoinosaurusCoinosaurus Posts: 9,645 ✭✭✭✭✭
    Congrats to all. How much of a cut does Stack's get image
    Newman Numismatic Portal, www.NewmanPortal.org
  • commoncents05commoncents05 Posts: 10,096 ✭✭✭
    Thats spectacular! I'm sure all the papers will have a little write- up about it giving the hobby some good PR.

    -Paul
    Many Quality coins for sale at http://www.CommonCentsRareCoins.com
  • FletcherFletcher Posts: 3,294 ✭


    << <i>I wonder what the next major coin investment is for TDN? >>



    4 Million MS65 Washington Dollars image


  • sumnomsumnom Posts: 5,963 ✭✭✭
    The buyer took position of the coin in an undisclosed location? Could the unknown collector be Dick Cheney?
  • SFDukieSFDukie Posts: 618 ✭
    image
    Congratulations Bruce. Nice to see one of the good guys do well.
    Don
  • FatManFatMan Posts: 8,977 ✭
    Congrats to all involved.image
  • clw54clw54 Posts: 3,815 ✭✭✭


    << <i>The buyer took position of the coin in an undisclosed location? Could the unknown collector be Dick Cheney? >>


    It might be. He's earned enough money from Halliburton to buy all five.

    Good evening, Sumnom. image
  • CoxeCoxe Posts: 11,139 ✭


    << <i>The buyer took position of the coin in an undisclosed location? Could the unknown collector be Dick Cheney? >>



    Nah, he isn't a Kelliforniyan. Is Herr Schwarzenfuhrer a collector though?

    All I know is, though I reside in the state, it ain't me. Hell, I can't keep my mouth shut if I buy the most insignificant VAM.
    Select Rarities -- DMPLs and VAMs
    NSDR - Life Member
    SSDC - Life Member
    ANA - Pay As I Go Member
  • ZoinsZoins Posts: 34,401 ✭✭✭✭✭


    << <i>Is Herr Schwarzenfuhrer a collector though? >>

    Not sure about coins but he collects paintings from an artist I also collect image

    In any event, congrats to everyone for a historic event! image
    Private Mint News | 2010 Lincoln Reverse Finalists
  • mrearlygoldmrearlygold Posts: 17,858 ✭✭✭
    Wow! Congrats!

    Coin's for sale/trade.


    Tom Pilitowski
    US Rare Coin Investments
    800-624-1870

  • orevilleoreville Posts: 12,160 ✭✭✭✭✭
    Congratulations are in order to tradedollarnut and Laura Legend!

    Gee, I hope tradedollarnut is not looking for tax writeoffs by the end of this year!!!



    A Collectors Universe poster since 1997!
  • LongacreLongacre Posts: 16,717 ✭✭✭
    Great news!

    Was it Manley who purchased it?
    Always took candy from strangers
    Didn't wanna get me no trade
    Never want to be like papa
    Working for the boss every night and day
    --"Happy", by the Rolling Stones (1972)
  • coinlieutenantcoinlieutenant Posts: 9,320 ✭✭✭✭✭
    Congrats Laura and Bruce!!

    siliconvalleycoins.com

  • WinPitcherWinPitcher Posts: 27,726 ✭✭✭
    Boy that is a lot of jujy's image

    congrats to the both of ya!

    Steve
    Good for you.
  • RareBronzeCollectorRareBronzeCollector Posts: 1,270
    It's always nice to add your name to the pedigree list.....
  • MrEurekaMrEureka Posts: 24,428 ✭✭✭✭✭
    100 million times face ain't bad.
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • ZoinsZoins Posts: 34,401 ✭✭✭✭✭


    << <i>100 million times face ain't bad. >>

    Is this legal tender?
    Private Mint News | 2010 Lincoln Reverse Finalists
  • seanqseanq Posts: 8,735 ✭✭✭✭✭


    << <i>
    The unnamed collector took possession of the coin at an undisclosed Southern California location on Wednesday, April 25.

    Rumor has it that the exchange was done at a local IHOP to avoid suspicion (hidden under a blueberry pancake and passed under the table) >>




    I wonder if it picked up any blue toning while it was under the pancake. image


    Sean Reynolds
    Incomplete planchets wanted, especially Lincoln Cents & type coins.

    "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
  • dbldie55dbldie55 Posts: 7,742 ✭✭✭✭✭


    << <i>The buyer took position of the coin in an undisclosed location? Could the unknown collector be Dick Cheney? >>



    When did Southern California become part of Wyoming?
    Collector and Researcher of Liberty Head Nickels. ANA LM-6053
  • Newcomp103Newcomp103 Posts: 2,223 ✭
    So....fess up...which one of you is the new owner??????


    image
  • clw54clw54 Posts: 3,815 ✭✭✭
    Not me.
  • MidLifeCrisisMidLifeCrisis Posts: 10,563 ✭✭✭✭✭
    Very cool. Congratulations to all involved. image
  • bidaskbidask Posts: 14,039 ✭✭✭✭✭
    Hedge funds.
    I manage money. I earn money. I save money .
    I give away money. I collect money.
    I don’t love money . I do love the Lord God.




  • ShortgapbobShortgapbob Posts: 2,332 ✭✭✭
    So, how quickly does the new owner crack it out of the slab and try to get it into a 67 holder?? .....image

    In all seriousness, congratulations to those involved. That coin is a great piece of numismatic history, and I hope it provides the hobby with a little extra press.
    "It is the mark of an educated mind to be able to entertain a thought without accepting it." -- Aristotle

    For a large selection of U.S. Coins & Currency, visit The Reeded Edge's online webstore at the link below.

    The Reeded Edge
  • speetyspeety Posts: 5,424 ✭
    Congrats to Bruce and Laura, i can't wait to see what Bruce buys with the money!
    Want to buy an auction catalog for the William Hesslein Sale (December 2, 1926). Thanks to all those who have helped us obtain the others!!!

  • CaptHenwayCaptHenway Posts: 32,818 ✭✭✭✭✭
    I remember when those used to be rare.......
    ;-)
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • JoflaxJoflax Posts: 979 ✭
    Wow!! Cannot imagine spending that on a coin . Laura was right , there is still big money in the coin market.
    Advise to buyer , crack it out , 3 months in a taco bell napkin and resubmit to PCGS
    Buy the dips!!!
  • GATGAT Posts: 3,146 ✭
    The greater fool theory at work, you just don't want to be the last fool to own such a coin before the market collapses. A Japanese Insurance Co paid $100 million for one of Vincent Van Gogh's sunflower paintings. I read they took over a 50% loss when the painting was sold.
    USAF vet 1951-59
  • aus3000tinaus3000tin Posts: 369 ✭✭✭
    Wait five years and then sell it for $10 Million Dollars.
    He'll have an easy time selling that thing. Overly hyped coin.

    Thanks,

    Chris
  • WTCGWTCG Posts: 8,940 ✭✭✭
    Congratulations to Bruce, but don't forget to congratulate Laura and George at Legend. They both held real ownership stakes in the coin as well.

    I don't know if the coin would upgrade, but a while ago a well known coin doctor did offer to put some rainbow toning on the nickel for a nominal fee.
    Follow me on Twitter @wtcgroup
    Authorized dealer for PCGS, PCGS Currency, NGC, NCS, PMG, CAC. Member of the PNG, ANA. Member dealer of CoinPlex and CCE/FACTS as "CH5"
  • bestclser1bestclser1 Posts: 5,566 ✭✭✭
    Congrats to TDN and Legend.image
    Great coins are not cheap,and cheap coins are not great!
  • morgansforevermorgansforever Posts: 8,488 ✭✭✭✭✭
    <<$850,000 price increase in under 2 years... not too shabby.

    That is what... a 20% price increase, or about 9% yearly. Impressive>>.

    20% is impressive? I made 400% plus on the 06W's, in two months, now thats impressive.

    World coins FSHO Hundreds of successful BST transactions U.S. coins FSHO

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