Big money for an impared Stella

ChrisRx · May 27, 2008 1:33PM

What do you think?

lasvegasteddy · May 27, 2008 1:36PM

i'd think if you could drop the 60k you could wait for an unimpaired one in the same breath

BXBOY143 · May 27, 2008 1:40PM

fc · May 27, 2008 1:44PM

link does not work for me: something about an expired session.

DUIGUY · May 27, 2008 1:58PM

<< link does not work for me: something about an expired session. >>

Click the refresh button.

SamByrd · May 27, 2008 1:58PM

too be honest a coin of such rarity I dont think it is excessive, there are few to be had in any condition.

coindudeonebay · May 27, 2008 2:00PM

<< too be honest a coin of such rarity I dont think it is excessive, there are few to be had in any condition. >>

Totally agree!

fc · May 27, 2008 2:13PM

<< too be honest a coin of such rarity I dont think it is excessive, there are few to be had in any condition. >>

never in a million years would i spend 60 large on something like
that. if you have 60G to blow why not save a year longer and get
a nicer example?

ChrisRx · May 27, 2008 2:14PM

<< 

<< too be honest a coin of such rarity I dont think it is excessive, there are few to be had in any condition. >>

never in a million years would i spend 60 large on something like
that. if you have 60G to blow why not save a year longer and get
a nicer example? >>

That was my thoughts exactly.

mrearlygold · May 27, 2008 2:14PM

It won't last long

RYK · May 27, 2008 2:18PM

Stellas are funny coins. Growing up with the Redbook as my bible, it was definitely one of the coins on my fantasy list. Now that I am (sometimes) a more mature collector, and have probably held at least a dozen stellas in my hand, I would have no interest in ever owning one. They are much smaller than I expected, most have annoying adjustment marks, and while the reported mintages are low, there is a high survivorship rate. You cannot swing a dead cat at an ANA or FUN show (including auctions) without hitting a handful of them. One can make the argument that they do not belong in the Redbook, as they were patterns that were not intended for circulation.

Interestingly, of all of the rare US coins that have been owned by collector forum members, I have never known one to report that he/she has ever owned one.

tightbudget · May 27, 2008 2:38PM

Eh, get me a Benz instead.

MidLifeCrisis · May 27, 2008 3:08PM

No thank you...not at that price...not even for half that price.

I think there are a lot more interesting and nicer coins out there for $60K.

jessewvu · May 28, 2008 3:16AM

<< I think there are a lot more interesting and nicer coins out there for $60K. >>

Yeah, you could buy 6 08/07 PCGS MS70 First Strike coins for that price!

speety · May 28, 2008 3:32AM

<< Stellas are funny coins. Growing up with the Redbook as my bible, it was definitely one of the coins on my fantasy list. Now that I am (sometimes) a more mature collector, and have probably held at least a dozen stellas in my hand, I would have no interest in ever owning one. They are much smaller than I expected, most have annoying adjustment marks, and while the reported mintages are low, there is a high survivorship rate. You cannot swing a dead cat at an ANA or FUN show (including auctions) without hitting a handful of them. One can make the argument that they do not belong in the Redbook, as they were patterns that were not intended for circulation.

Interestingly, of all of the rare US coins that have been owned by collector forum members, I have never known one to report that he/she has ever owned one. >>

My thoughts too. And interestingly, now that you brought the ownership thing up, I don't know (or have heard) of anyone on the forum who owns one either.

BECOKA · May 28, 2008 3:48AM

If I had 60K to blow on a coin I am sure that I would have 150K to blow. I would rather wait for a nicer example.

yellowjacket · May 28, 2008 4:51AM

It might be easy to consider buying an impaired Stella; however, when the time comes to sell, try finding a buyer that will pony up. Good luck. Maybe there's a collector with deep pockets that has the same initials!

When you buy problem coins, the problems seem to magnify when it is time to sell.
Garrow

DennisH · May 28, 2008 5:30AM

I'm adding this one to my Numismatic Crying Hall of Shame, along with a Gobrecht dollar with a Masonic counterstamp that I saw several years ago at a Long Beach show.

Even as massively rare and desireable a coin as the Stella is, paying big bucks for a damaged example is not something I'd do at even a fraction of the price that's being asked.

pontiacinf · May 28, 2008 10:33AM

if I wanted stella bad enough, id buy it. Until then, ill opt for elaine on sienfeld crying out "stella" in the middle of some party

mrearlygold · May 28, 2008 10:53AM

You might be surprised at how many people have called me and asked to find them a low grade or impaired Stella like that.

Just like people who specifically target lower grade, cleaned and impaired early gold and or proof gold. There's quite a market for those coins.

Big money for an impared Stella

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