The Boca Collection

Justacommeman · December 19, 2009 4:00PM

I was going through the Heritage Platinum F.U.N. auction calalogs tonite lamenting over coins that I'd like to have. That was bad enough but I then opened The Boca Collection special catalog.

Complete proof runs from 1856 to 1916, 1936-1942, 1950-1952 (I didn't notice any skipped years then again my eyes were bugging out). This catalog is a must reference piece for the bookshelf. Apparently the consignor completed three runs of US silver and minor proof sets covering 1856 to 1916

I'm stunned. MJ

jhdfla · December 19, 2009 4:09PM

Amazing collection of high quality proof sets, some years bought complete as a set, some assembled piece by piece over time. Interesting to see in the notes that the only other complete run of

proofs as offered for auction was the John Story Jenks Collection which was offered by Henry Chapman in 1921. Wonder what's in the Boca Collection Part II?

john

joebb21 · December 19, 2009 4:12PM

absolutley amazing

Justacommeman · December 19, 2009 4:23PM

<<Wonder what's in the Boca Collection Part II?>>

some of the other runs of 1856-1916???? MJ

jhdfla · December 19, 2009 4:50PM

<< <<Wonder what's in the Boca Collection Part II?>>

some of the other runs of 1856-1916???? MJ >>

DUH... of course, the OTHER two runs! Wonder how they will compare to the first? Guess we'll just have to wait and see.

Some really neat things in the Platinum Night sale, including two awesome seated quarters both in 66, the 1868 and 1869, can't wait to see them in hand. Some interesting bios accompanying

the 1913 Olsen Nickel and a great read.

Justacommeman · December 19, 2009 4:52PM

<DUH... of course, the OTHER two runs! Wonder how they will compare to the first?>

It's late

MJ

BigMoose · December 19, 2009 7:40PM

If you want to see a run of truly spectacular Proof sets, find a copy of Superior Galleries Century Collection Sale from 1992, I think. It contains ORIGINAL Proof Sets in astounding condition with plates, all graded by PCGS. The plates are mind blowing.

JRH · December 20, 2009 8:05AM

JRH · December 20, 2009 8:09AM

abitofthisabitofthat · December 20, 2009 8:33AM

I am baffled by this one. I think that the consignor is definitely missing out by not auctioning the coins separately. I can see not breaking up the original, matched sets, but the years that are not matched would probably do much better separately. I would bid extremely strong money for many of the individual coins, but I will probably not bid on anything in the sale as it stands. Not unless I can work something out with another dealer to pick up some coins after I split them up - again, I would not split matched sets. I expect that a lot of these coins will be offered individually after they are cracked and separated. I will keep an eye out during the late winter/ spring shows - say through Baltimore.

The sale seems geared towards dealers who will do this, and not collectors who may want a few pieces. I am curious how the sale will do.

JRH · December 20, 2009 9:38AM

aficoinado · January 9, 2010 9:25AM

Are there any links to the auctions online for these sets?

Justacommeman · January 9, 2010 11:13AM

Go to Heritage and it's under Boca Collection/FUN auction. They did very well and I'm thing part 2 might be even better whenever that is.................MJ

AuroraBorealis · January 9, 2010 11:46AM

Hi thanks for the heads up on that fantastic collection MJ...Perhaps my eyes are bugging out...lol But i think that collection is missing this year that i am going to post...lol That is crazy coincidence...(no pun intended)...I took this image of my set with my old quarter...I since upgraded the quarter and i think you had seen my pic of that it was my very first coin image when i first joined this forum a week or so ago...With my beat up fingers holding the quarter...lol I know was a terrible image for such a nice coin (pr 67 star cameo) But i know just how hard it was and the dedication that it took to put just this one set together no less all those different date sets in the Boca...Thanks MJ for sharing the info on such an amazing collection...

AB

kryptonitecomics · January 9, 2010 11:53AM

Our very own Soty27 purchased 3 or those sets including the 1877 Proof set.....those of us sitting with Chris during the NGC luncheon got to pass them around

aficoinado · January 9, 2010 11:56AM

WOW! Equally impressive set!

speety · January 9, 2010 11:56AM

The sets in the multi-coin holders were pretty cool but I assume they may have hurt the prices realized a little as it's one more step a dealer had to take to sell the coins individually (as I assume most will be...). Overall I thought the prices realized were fair but not great, I LOVE the 1890 set though, the gold is

AuroraBorealis · January 9, 2010 12:01PM

The sets that were in the multi holders...How many coins were in them and were they with the edge view?

Thanks...AB

aficoinado · January 9, 2010 12:02PM

<< The sets in the multi-coin holders were pretty cool but I assume they may have hurt the prices realized a little as it's one more step a dealer had to take to sell the coins individually (as I assume most will be...). Overall I thought the prices realized were fair but not great, I LOVE the 1890 set though, the gold is

>>

I think the live auction for those lots need to happen still. Prices may go up...

Justacommeman · January 9, 2010 12:32PM

<< 

<< The sets in the multi-coin holders were pretty cool but I assume they may have hurt the prices realized a little as it's one more step a dealer had to take to sell the coins individually (as I assume most will be...). Overall I thought the prices realized were fair but not great, I LOVE the 1890 set though, the gold is

>>

I think the live auction for those lots need to happen still. Prices may go up... >>

It's quite closed

The multi holder holders housed either the entire seven pieces for example or were split into two holders. I believe Speety is correct that many will be broken up. Again, this "collector" has another entire run of these proof sets.

AB- your stuff is fantastic! FYI- there was a eight piece set 1876 set. Lot 2021 realized $19K plus. I believe your net grades and cameo designations are even better.

I was an underbidder on the 14 piece 1873 set

. I was hoping to knock off a lot of coins on my type set in one fell swoop. MJ

Bayard1908 · January 9, 2010 1:25PM

<< I am baffled by this one. I think that the consignor is definitely missing out by not auctioning the coins separately. I can see not breaking up the original, matched sets, but the years that are not matched would probably do much better separately. I would bid extremely strong money for many of the individual coins, but I will probably not bid on anything in the sale as it stands. Not unless I can work something out with another dealer to pick up some coins after I split them up - again, I would not split matched sets. I expect that a lot of these coins will be offered individually after they are cracked and separated. I will keep an eye out during the late winter/ spring shows - say through Baltimore.

The sale seems geared towards dealers who will do this, and not collectors who may want a few pieces. I am curious how the sale will do. >>

I thought the same thing prior to the sale; however, I believe every set brought a premium over what the coins were worth individually.

Justacommeman · January 9, 2010 1:31PM

<< 

<< I am baffled by this one. I think that the consignor is definitely missing out by not auctioning the coins separately. I can see not breaking up the original, matched sets, but the years that are not matched would probably do much better separately. I would bid extremely strong money for many of the individual coins, but I will probably not bid on anything in the sale as it stands. Not unless I can work something out with another dealer to pick up some coins after I split them up - again, I would not split matched sets. I expect that a lot of these coins will be offered individually after they are cracked and separated. I will keep an eye out during the late winter/ spring shows - say through Baltimore.

The sale seems geared towards dealers who will do this, and not collectors who may want a few pieces. I am curious how the sale will do. >>

I thought the same thing prior to the sale; however, I believe every set brought a premium over what the coins were worth individually. >>

You would be correct on the ones I was tracking (twenty -six of them). I priced them all individually over the past two weeks in preparing for my bidding strategy. The sets bought more then the sum of their parts individually for the most part, again on the ones I was following......... Bayard, being the resident early proof expert what are your thoughts in reagrds to the pricing action? MJ

barbershopper · January 9, 2010 1:43PM

You didn't mention the Barber half toned proofs; 1892-1915 PR66,67 and a couple others.
I'm not a tone collector but these might change my mind!
I think there was only one that looked significantly different than the others.

About putting catalogs on a shelf, I'm about out of shelf space.
I've never given one the heave-ho. Many of them I've looked at the hammer prices in their archives
for the series I collect or might collect and written in the price of the ones that sold.

JT

Bayard1908 · January 9, 2010 7:35PM

<< You would be correct on the ones I was tracking (twenty -six of them). I priced them all individually over the past two weeks in preparing for my bidding strategy. The sets bought more then the sum of their parts individually for the most part, again on the ones I was following......... Bayard, being the resident early proof expert what are your thoughts in reagrds to the pricing action? MJ >>

I'm sure there are people on the forum with more proof expertise than me; however, I created a spreadsheet and valued every coin in every 1857-1915 proof set based on the Heritage archives. The bidding on every set except one exceeded those cumulative valuations by a wide margin, sometimes by 50% or more.

I attributed this to people paying a premium for complete sets, and I will admit that the NGC multi-coin holders were a nice novelty, especially when a full set of coins would fit into a single slab. I didn't expect such aggressive bidding though, particularly for sets where the condition of the coins was not well matched. Perhaps people in the know paid extra for toning on some sets; however, I thought every set went high. It's possible that some buyers did not do the math in advance and just kept bidding until the set they wanted was knocked down to them.

I look forward to the remainder of the coins being sold individually.

Justacommeman · April 17, 2010 3:33PM

<< 

<< <<Wonder what's in the Boca Collection Part II?>>

some of the other runs of 1856-1916???? MJ >>

DUH... of course, the OTHER two runs! Wonder how they will compare to the first? Guess we'll just have to wait and see.
>>

I just noticed that the "other runs" are in the Milawaukee Heritage sale! Geezy Weezzy..............MJ

AuroraBorealis · April 17, 2010 7:12PM

<< 

<< 

<< <<Wonder what's in the Boca Collection Part II?>>

some of the other runs of 1856-1916???? MJ >>

DUH... of course, the OTHER two runs! Wonder how they will compare to the first? Guess we'll just have to wait and see.
>>

I just noticed that the "other runs" are in the Milawaukee Heritage sale! Geezy Weezzy..............MJ >>

Fell asleep on the couch and was just heading off to bed and went to shut down the puter and saw this thread and thought i was having Deja vu from last Dec. and Jan. then i noticed that it was from today...Or i should say yesterday now...lol Anyway heading to bed and if interested MJ i was talking to poorguy today(yesterday) and he did get a peek at them...
Have a great Sunday...

AB

coincollector2007 · April 17, 2010 8:59PM

The last group this guy sold were not original matched sets. Judging form the pictures, the same goes for this group. in fact, I am told this group is the lesser quality coins.

I know two dealers who scored really well with the last group of sets. They cracked and dipped some of the coins. I saw the last group, the sets were nothing special.

Big Moose is right, the Century Collection years ago was incredible.

Bayard1908 · April 18, 2010 2:47AM

<< I know two dealers who scored really well with the last group of sets. They cracked and dipped some of the coins. >>

Disgusting

coincollector2007 · April 18, 2010 3:02AM

Not really. One of the coins I saw a before and after on was a proof Morgan. It went fom having horrible toning to being a killer cameo. It did not looked dipped at all.

Baley · April 18, 2010 3:53AM

it makes me feel a little melancholy that such a collection gets assembled, then distributed into the winds of the market.

it's especially a shame if those coins that have been together since leaving the mint get separated after this sale

dizzyfoxx · April 18, 2010 4:46AM

Whenever I see the word, "Boca", I can't help but think of Del Boca Vista from one of the Seinfeld episodes. Sorry for the small tangent, now, back to the collection.

dizzyfoxx · April 18, 2010 4:47AM

<< 

<< I know two dealers who scored really well with the last group of sets. They cracked and dipped some of the coins. >>

Disgusting >>

100%

soty27 · April 18, 2010 4:53AM

<< Not really. One of the coins I saw a before and after on was a proof Morgan. It went fom having horrible toning to being a killer cameo. It did not looked dipped at all. >>

In my opinion this is the biggest problem with numismatics. The mind set that its okay to dip and alter a completely original coin in order to achieve a high grade and thus a higher profit. In your opinion the coin had horrible toning although to many advanced collectors originality far far out weighs higher grades and higher profits.

The Boca Collection

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