Does anyone want this coin? They keep selling it over and over again I want to share this webpage with you all - http://www.msn.com/en-us/news/us/re...llar1067-million/ar-BBzafaQ?OCID=ansmsnnews11
Headlines like that don't really excite me too much. Sure, it is interesting to hear but that is all. Those coins are so far out of the reach of 99.9% of collectors. That is one of my main complaints about Numismatic News: their headlines concentrate too much on expensive coins and not enough on the small guy's interests.
I find the headline slightly misleading. That is the grand total for all 5 major sessions of the Pogue sale, and they were spread out over a great deal of time.
$3.29 M for the 1804...and one of the buyers was none other than John Albanese...and some think that CAC doesn't mean anything!
He probably has a lot of money from people wasting their money on CAC stickers. The CAC does mean something, but it is moot because it tells me something I already know.
Yup, the Dexter dollar. The one where he stamped a "D" on a cloud on the reverse, and it still got a PR65 from PCGS. No hobgoblins in their minds. Cal
At least it is important that the legendary Q. David Bowers was there to bless this auction and provide his commentary.
The Pogue collection was built on the highest quality standards, thus the record prices. These coins will appreciate over the coming years, quality rules
High grade/high value is easier to sell in any industry. The guy that owns a skyscraper in NYC has less day to day issues that I do with a two family flat in South St. Louis. That is all good in my opinion, since it gives me a goal to attain. Upgrade my flat to a four family then a 20 unit, then the Trump Tower someday. So today I sell my 1921 Morgan and....
Not to brag but I got to hold the $3.29M Dexter Dollar at Long Beach in February . It was at the Stacks table.
I went to a show once, and it was the first time in decades that all 5 of the 1913 Liberty nickels were in the same place. That was fun.