Home› U.S. Coin Forum
Options

The CoinRaritiesOnline Day 2 Report from Baltimore...

is now online.

Hopefully no one posted this already.
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)

Comments

  • Options
    Crack-out artist/coin doctors seem to be alive and well. Ops norm in the
    coin arena.
  • Options
    etexmikeetexmike Posts: 6,852 ✭✭✭
    Always a great report and fun read.

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

    etexmike
  • Options
    rickoricko Posts: 98,721 ✭✭✭✭✭
    Thanks Longacre... Cheers, RickO
  • Options
    RYKRYK Posts: 35,804 ✭✭✭✭✭
  • Options
    fcfc Posts: 12,805 ✭✭✭
    but the reality is that the guy who intends to redo, repair, conserve and ruin a perfectly good coin, and THEN get it into a higher holder and stick it in a new auction can sometimes pay more than we can.

    and this guy is who exactly?
    why do dealers protect these types of people?
  • Options
    roadrunnerroadrunner Posts: 28,374 ✭✭✭✭✭
    But not every time. We did land lot #2106, which was the prettiest Seated Half Dollar we've ever seen (and we've seen a lot) and which we didn't think we'd possibly be able to acquire. But we did, which is a sure indication that sometimes the good guys are victorious.

    Seated halves always get my attention. This particular one I had seen change hands several times since 2002. This 1854-0 in PCGS MS66 sold for around $32,300 this past week at Stack's Baltimore sale. I first saw it at Goldberg's 2002 LB summer sale where it fetched around $12,000. It later appeared in the Oliver Jung sale (July 2004) at around $21,850. It had a 3rd appearance about 2 years later where it sold into the Cascade 2 collection for $28,000+. A legitimate 66 coin for the grade with very appealing color. I do regret not buying it in 2002, but had lots of other coins in that same sale to keep me occupied.

    roadrunner

    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • Options
    FullStrikeFullStrike Posts: 4,353 ✭✭✭


    << <i>Bidding was strong pretty much across the board, with lots of internet, book and phone activity throughout and with most of the lots we targeted going to crack-out dealers at more than we wanted to pay. If there is a more frustrating thing in numismatics, I'm not sure what it could be (except maybe standing in one of those interminable lines waiting for a show to open), but the reality is that the guy who intends to redo, repair, conserve and ruin a perfectly good coin, and THEN get it into a higher holder and stick it in a new auction can sometimes pay more than we can. [ >>




    << But not every time. We did land lot #2106, which was the prettiest Seated Half Dollar we've ever seen (and we've seen a lot) and which we didn't think we'd possibly be able to acquire. But we did, which is a sure indication that sometimes the good guys are victorious. >>


    imageimageimageimageimageimageimageimageimageimageimageimageimageimageimageimageimageimageimageimageimageimageimageimageimage

    Is it possible the "crack-out dudes" put that #2106 into the sale? If so, then they really HAVE gotten good - haven't they ?

    image







    That would explain why " sometimes the good guys are victorious. "


    imageimageimageimage


  • Options
    Wow. Tough crowd, as usual, but not lacking in enthusiasm, and that's good.

    We bought this coin because it was beautiful. And the collections it has been in (nice ones) suggest that other people with good eyes thought so too.

    As for the comment:

    << <i>Is it possible the "crack-out dudes" put that #2106 into the sale? If so, then they really HAVE gotten good - haven't they? >>


    I think this was intended as a joke, but I'll answer it anyway - the coin has been graded the same, and looks exactly the same as it has in it's past appearances in various high end collection sales. That's a nice perk of a traceable coin.

    Regarding the increase in the apr of this coin through the years, that's a fact. And while we would have liked to have bought it for the 2001 price, I'm afraid the other bidders wouldn't let us. I also think that the overall increase in rare coin prices in recent years has been pretty well documented, and so I'd have been surprised if this one hadn't.
  • Options
    tradedollarnuttradedollarnut Posts: 20,809 ✭✭✭✭✭
    It's a beautiful coin - I hope the new owner enjoys it as much as I did for the [too brief] time it was in my personal collection.
  • Options
    BarberianBarberian Posts: 4,643 ✭✭✭✭✭


    << <i>It's a beautiful coin - I hope the new owner enjoys it as much as I did for the [too brief] time it was in my personal collection. >>



    Out of curiosity, why did you sell it if it is so nice?
  • Options
    FullStrikeFullStrike Posts: 4,353 ✭✭✭
    With the documented pedigrees some coins have, I think there should be an easy way for all to instantly know about it.

    CAC is now here to assure all us non-graders that the grade on a coin is above average. Is there room on the slab for another sticker to indicate that a Coin has a blueblood pedigree?

    Careful though, soon there may be so many stickers that the Coin is no longer visable. image








    image


Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Emoji
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file