Rare good luck charm coin nets guy $100,000

Wow, thanks very much for responding here and giving us the background. Very amazing story!

 

Log in or Sign up to hide this ad.

+1.

While I'd like to take the story at face value, it just strikes me as odd as I would not think a coin would last that long in a wallet and still stay in that high of a grade. But what do I know.

 

Update: SOLD!

Just to give everyone an update:

The coin sold today to a dealer in Massachusetts for over $120,000! Needless to say, Garry was ecstatic. I wrote an article about the whole story that is being published in next week's issue of Coin World.

 

Awesome!

Don't show irisheyes this thread lol

 

yea. please no. this is exactly what irisheyes needs. didn't he also have exactly the same coin?

his was still fake however.

 

You figured right. The images in the video weren't the best, but they were good enough to see that there was just a little wear on the coin. But it's a Continential Currency dollar and that's good enough for a boost in the grade.

You know if this story gets wide exposure in the mainstream press every dealer out there is going to be swamped with people bringing in fake ones that "belonged to great granddad and which have been in the family for over a 150 years". And we will see proof of the statement that for every real one there are ten thousand fakes.

 

I WONDER if he ever asked for advise from the members of Cointalk ......and i wonder what he was told ...?

 

perhaps coin dealers wont be so quick to jump to a conclusion that the coins they look at are FAKE

 

:dead-horse:

 

I agree with James.
:dead-horse:


The difference is that the original owner of the (real) piece agreed to get it graded. Your turn.

 

The one in the article has been authenticated. Your coin is still a fantasy piece and will remain so until you have it verified as authentic.

 

Why? Look at what they said again. They've seen thousands of fakes but when this one came in they looked and knew it was good. So it still illustrates that they know a good one from a bad one when they see it. We've seen yours.

 

I think she's referring to the dealers he first showed to coin to - why he kept it as a lucky piece for so long.

"Cucci wondered off and on over the years if it might be real. He showed it to a coin dealer in 1980, who looked briefly at it and said, “Ahhh, it’s not real,” and handed it back to him. Another dealer he sought out in 1996 in New Jersey looked at it and said, “I really don’t know.” So Cucci put the coin back in his wallet in its paper envelope. And that was pretty much the end of it until February of this year."

http://www.coinworld.com/articles/1-purchase-from-1969-proves-windfall/

 

i am wondering the very same thing ..and with all the noise my posts seem to have made on the internet ...it seems strange that two weeks later after holding it in his pocket for 40 years ..........I would think it takes more than two weeks to have it checked out and sold ..twice ....

 

Irisheyes, you can't seem to grasp how the coin market works. A high grade, uncommon coin, could sell at a coin show 3 times in an hour. It happens all the time.

To see it sell twice in 2 weeks is also not uncommon