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What would the Eliasburg collection be worth intact today?
Raufus
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Has this ever been estimated? Just curious.
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Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
I don't see coins these days going for 5 times what they fetched in Eliasberg 1996/97. The Lib nickel ain't worth $7M, nor the 1804 worth $9M. I believe those two sales fetched around $20M, so that portion is probably worth 3-4 times that amount. I'm guessing $75M.
The gold? That's much tougher. Equal to? Double the other? Triple? If triple, which to me is farfetched, the entire collection is worth $300M
<< <i>My first impression was $500M, but then the more that I thought about it:
I don't see coins these days going for 5 times what they fetched in Eliasberg 1996/97. The Lib nickel ain't worth $7M, nor the 1804 worth $9M. I believe those two sales fetched around $20M, so that portion is probably worth 3-4 times that amount. I'm guessing $75M.
The gold? That's much tougher. Equal to? Double the other? Triple? If triple, which to me is farfetched, the entire collection is worth $300M >>
Was this set of auctions, during the beginning of the last upswing, or was this the cause of the beginning of the last upswing?
<< <i>Triple? If triple, which to me is farfetched, the entire collection is worth $300M >>
There's some super-rare gold that hasn't seen the light of day in almost 30 years. Meanwhile, how many times have 1804 dollars crossed the auction block? Should the 1822 $5 bring $5M? How about his 21 and 27-D Saints? If the top 5 rarities brought 6-10x their 1982 prices, what would the rest bring? Was there an Eliasberg pedigree premium back then? Would the market be able to absorb a $300M collection within one year if sold at auction today? Would the possibility of 10 newly available 1933 Saints weigh on the market for this collection?
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
<< <i>The gold? That's much tougher. Equal to? Double the other? Triple? If triple, which to me is farfetched, the entire collection is worth $300M >>
I've had the Bass catalogues sitting out for the last couple of months as part of doing some research on gold. Equal to, double, triple...that's about right to me. The common dates and grades are about the same, nicer stuff has doubled, and the high grade rarities have tripled. Weight them, and I'd guess the gold overall has at least doubled in value.