Record-breaking coin auction fetches $106.7 million

Discussion in 'US Coins Forum' started by paddyman98, Apr 2, 2017.

  1. paddyman98

    paddyman98 I'm a professional expert in specializing! Supporter

    Last edited: Apr 2, 2017
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  3. sakata

    sakata Devil's Advocate

    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.
     
    wxcoin, TypeCoin971793 and paddyman98 like this.
  4. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

  5. fish4uinmd

    fish4uinmd Well-Known Member

    $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!
     
    paddyman98 likes this.
  6. TypeCoin971793

    TypeCoin971793 Just a random guy on the internet

    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.
     
    coinsareus10 likes this.
  7. calcol

    calcol Supporter! Supporter

  8. Dimedude2

    Dimedude2 Member

    At least it is important that the legendary Q. David Bowers was there to bless this auction and provide his commentary.
     
  9. sakata

    sakata Devil's Advocate

    Commentary on an auction!!!
     
  10. Santinidollar

    Santinidollar Supporter! Supporter

    One seldom sees a mainstream media article about our hobby that doesn't have a problem.
     
  11. baseball21

    baseball21 Well-Known Member

    Probably not enough time in all honesty.
     
    V. Kurt Bellman likes this.
  12. panzerman

    panzerman Well-Known Member

    The Pogue collection was built on the highest quality standards, thus the record prices. These coins will appreciate over the coming years, quality rules;)
     
    Tater likes this.
  13. fish4uinmd

    fish4uinmd Well-Known Member

    Yeah, and 99.99% of us here will NEVER be able to afford such a coin.
     
    panzerman likes this.
  14. Daniel Lowery

    Daniel Lowery Active Member

    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....
     
  15. baseball21

    baseball21 Well-Known Member

    They just sold it to Bruce Morelan.
     
  16. totally

    totally Active Member

    Not to brag but I got to hold the $3.29M Dexter Dollar at Long Beach in February :). It was at the Stacks table.
     
  17. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    And people wonder why other people like to go to big shows.
     
    totally and TypeCoin971793 like this.
  18. TypeCoin971793

    TypeCoin971793 Just a random guy on the internet

    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.
     
  19. totally

    totally Active Member

    Yeah big shows tend to have some pretty cool things that you can see up close and in person.
     
  20. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    "Balamur" 2003?
     
  21. SharonG

    SharonG Member

    paddyman98 likes this.
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