Eliasberg 1913 Liberty Head Nickel Sold for $5 Million

CoinLink · April 25, 2007 9:24AM

Link to Press Release just issued

SilverEagles92 · April 25, 2007 9:26AM

TDN must be happy

poorguy · April 25, 2007 9:26AM

sigh. I was just about to pull the trigger on that one too.

That collector just gained a very cool and popular piece of numismatic history.

STONE · April 25, 2007 9:28AM

I wonder how the general press will respond to this story. But it's a great and mysterios piece of numismatic history.

fc · April 25, 2007 9:28AM

what a rip off

;-)

Darkmane · April 25, 2007 9:34AM

$850,000 price increase in under 2 years... not too shabby.

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

roadrunner · April 25, 2007 9:34AM

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

Lakesammman · April 25, 2007 9:37AM

$850,000 price increase in under 2 years... not too shabby.

Assuming there were no better opportunities lost while the money was tied up.

jgrinz · April 25, 2007 9:42AM

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

DorkGirl · April 25, 2007 9:44AM

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

I agree.

jmski52 · April 25, 2007 9:45AM

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!

pbfloyd · April 25, 2007 9:46AM

I am too poor to even reply to this thread!!! Any sellers remorse??

Darkmane · April 25, 2007 9:50AM

"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...

Russ · April 25, 2007 9:51AM

Congrats TDN! (Although I'm sure he's having mixed emotions right now).

Russ, NCNE

Fletcher · April 25, 2007 9:53AM

Well done

DJCoinz · April 25, 2007 9:54AM

That's pretty cool. Not a bad profit either!

etexmike · April 25, 2007 10:24AM

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

This one will be kinda hard to top.

to TDN and Laura.

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

etexmike

VicDaewoo · April 25, 2007 10:31AM

I begged them to dump that thing, I'm glad they wised up.

GoldenEyeNumismatics · April 25, 2007 10:35AM

Modern Crap!

actually, it's not really that modern

Coinosaurus · April 25, 2007 10:36AM

Congrats to all. How much of a cut does Stack's get

commoncents05 · April 25, 2007 10:37AM

Thats spectacular! I'm sure all the papers will have a little write- up about it giving the hobby some good PR.

-Paul

Fletcher · April 25, 2007 10:38AM

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

4 Million MS65 Washington Dollars

sumnom · April 25, 2007 10:39AM

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

SFDukie · April 25, 2007 10:40AM

Congratulations Bruce. Nice to see one of the good guys do well.
Don

FatMan · April 25, 2007 10:41AM

Congrats to all involved.

clw54 · April 25, 2007 10:41AM

<< 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.

Coxe · April 25, 2007 11:16AM

<< 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.

Zoins · April 25, 2007 11:19AM

<< Is Herr Schwarzenfuhrer a collector though? >>

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

In any event, congrats to everyone for a historic event!

mrearlygold · April 25, 2007 11:23AM

Wow! Congrats!

oreville · April 25, 2007 11:23AM

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!!!

Longacre · April 25, 2007 11:24AM

Great news!

Was it Manley who purchased it?

coinlieutenant · April 25, 2007 11:24AM

Congrats Laura and Bruce!!

WinPitcher · April 25, 2007 11:29AM

Boy that is a lot of jujy's

congrats to the both of ya!

Steve

RareBronzeCollector · April 25, 2007 12:49PM

It's always nice to add your name to the pedigree list.....

MrEureka · April 25, 2007 1:08PM

100 million times face ain't bad.

Zoins · April 25, 2007 1:11PM

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

Is this legal tender?

seanq · April 25, 2007 1:11PM

<< 
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.

Sean Reynolds

dbldie55 · April 25, 2007 1:12PM

<< 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?

Newcomp103 · April 25, 2007 1:13PM

So....fess up...which one of you is the new owner??????

clw54 · April 25, 2007 1:15PM

Not me.

MidLifeCrisis · April 25, 2007 1:15PM

Very cool. Congratulations to all involved.

bidask · April 25, 2007 1:20PM

Hedge funds.

Shortgapbob · April 25, 2007 1:31PM

So, how quickly does the new owner crack it out of the slab and try to get it into a 67 holder?? .....

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.

speety · April 25, 2007 1:54PM

Congrats to Bruce and Laura, i can't wait to see what Bruce buys with the money!

CaptHenway · April 25, 2007 2:39PM

I remember when those used to be rare.......
;-)

Joflax · April 25, 2007 2:40PM

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

GAT · April 25, 2007 2:59PM

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.

aus3000tin · April 25, 2007 3:02PM

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

WTCG · April 25, 2007 3:23PM

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.

bestclser1 · April 25, 2007 5:04PM

Congrats to TDN and Legend.

morgansforever · April 25, 2007 7:52PM

<<$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.

Eliasberg 1913 Liberty Head Nickel Sold for $5 Million

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