Anyone else feel that the prices for $5 Indians at the Heirtage FUN auction were very low?
GoldenEyeNumismatics
Posts: 13,187 ✭✭✭
I felt like I was the only HA live bidder. I bougth a number of pieces way back of CDN bid.
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Darnit.
I wish I would have looked, I could probably have added a few nice ones for a good price.
Pain in the butt.
<< <i>Sheesh. Heritage entered one of the prices realized into their records wrong. One of the lots I won closed at $2,300 (with BP)... it's showing up in MyHeritage as a $23,000 purchase.
Pain in the butt. >>
Let us know what the invoice says.
CG
roadrunner
8000 were minted. 51 in all grades by PCGS so far. Only 1 graded in mint state (at MS-61).
<< <i>Picked up this scarce 1870-S $10 in VF-20 for $1150. It is not a perfect coin and it has its problems. But the details are superb for the grade and the etchings in the obverse field does not bother me. It is what it is.
8000 were minted. 51 in all grades by PCGS so far.
I was watching that one and considered bidding. Looks like a nice piece.
<< <i>They've got a couple dozen CAC 63's and 64's in stock at the moment. But maybe not for long if gold keeps jumping. Most $5 Indians in 63 and 64 are utter dogs. It's very hard to find a nice higher end one for the grade without paying shot money. I've yet to own a 63 or 64 that I felt was honest for the grade. I'd be happy to pay sheet bid for a solid 63 or 64.
roadrunner >>
Being an incuse design, the fields typically encountered a lot of scraping and scuffing... which explains why a generic MS65 $5 Indian is in the $15,000-$20,000 range.
<< <i>Picked up this scarce 1870-S $10 in VF-20 for $1150. It is not a perfect coin and it has its problems. But the details are superb for the grade and the etchings in the obverse field does not bother me. It is what it is.
8000 were minted. 51 in all grades by PCGS so far. Only 1 graded in mint state (at MS-61).
Thats a good buy!
I give away money. I collect money.
I don’t love money . I do love the Lord God.
<< <i>One of the lots I won closed at $2,300 (with BP)... it's showing up in MyHeritage as a $23,000 purchase.
Pain in the butt. >>
I bet the seller is happy
It is this 1908 right? Link
<< <i>Picked up this scarce 1870-S $10 in VF-20 for $1150. It is not a perfect coin and it has its problems. But the details are superb for the grade and the etchings in the obverse field does not bother me. It is what it is.
8000 were minted. 51 in all grades by PCGS so far. Only 1 graded in mint state (at MS-61).
Beautiful coin! BTW, what time frame was it graded judging by that old PCGS label?
<< <i>
<< <i>One of the lots I won closed at $2,300 (with BP)... it's showing up in MyHeritage as a $23,000 purchase.
Pain in the butt. >>
I bet the seller is happy
It is this 1908 right?
http://coins.ha.com/common/view_item.php?Sale_No=1110&Lot_No=2039 >>
Mmmmm, yes, it's delightful to copy and paste that URL into my address bar, press enter, and be greeted by the green checkmark saying "You've won this lot" right next to the $23,000 price realized.
That would be a magnification of the headache, wouldn't it?
To answer your question regarding the age of the PCGS holder on that 1870-S $10 gold coin, I quote conder101 here:
<< <i>PCGS 4 This is the first of the "Green Label" slabs. (While the previous labels may have had a green tint to them, this slab was the first where the label was a definite pale green label!) Unfortunately the green color in the label was not stable and the labels of this variety had a tendency to change color over time. Sometimes the blue pigment breaks down and the label becomes more and more yellow sometimes reaching amost a Canary yellow. Other times the yelow breaks down and the label becomes more blue. I have seen a couple of these where the label is a brighter blue than is seen on the current slabs. One identifying feature of this variety is the large font used in the serial numbers. The serial number begins at or slightly to the left of the left edge of the barcode below it. The shell is now a one part slab with the stacking edge an intergral part of the shell. This holder was used from Jan of 1990 through some time in 1995. >>
Here is his thread explaining the ages of each PCGS holder. A must read.
History of PCGS slabs
<< <i>Sheesh. Heritage entered one of the prices realized into their records wrong. One of the lots I won closed at $2,300 (with BP)... it's showing up in MyHeritage as a $23,000 purchase.
Pain in the butt. >>
Good luck with the upgrade attempt. You only need about 3 points...
It won't. And even if $50K it wouldn't.
The $50K DHS AML threshold only applies to those coins who derive 50% or more of their value from their intrinsic value (ie bullion content). A $2300 $5 Indian doesn't qualify, nor does a $23,000 to $2,300,000 $5 Indian. What does apply is many low grade $5-$20 gold coins as well as most $10's and $20's in lower grades of mint state. Ironically, when this bill came out, MS64 saints were exempt.
Today, MS65 Saints now qualify as bullion/cash under Patriot Act 2 guidelines.
roadrunner