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1857-S Double Eagle/ vastly overpriced....
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<p>[QUOTE="panzerman, post: 3027199, member: 77704"]Well stated<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie50" alt=":happy:" unselectable="on" unselectable="on" /></p><p>US material was overpriced, check how market trends have dropped over past 10 years. In the meantime, world coinage has increased substanially over last ten years. Take for example a Austro-Hungarian Empire AV 4 Dukaten 1848-A Ferdinand V in FDC =MS-65. These go for 12-20K euros.</p><p>Mintage was 4450 examples. Imagine now what a US gold coin in MS-65 from 1840's with that mintage would hammer at.....</p><p>A MS-65 1857-S (119K) on track to be salvaged, average auctionprice 10-12K (there are probably only 10-15 1848-A 4 Dukaten in existance.[/QUOTE]</p><p><br /></p>
[QUOTE="panzerman, post: 3027199, member: 77704"]Well stated:happy: US material was overpriced, check how market trends have dropped over past 10 years. In the meantime, world coinage has increased substanially over last ten years. Take for example a Austro-Hungarian Empire AV 4 Dukaten 1848-A Ferdinand V in FDC =MS-65. These go for 12-20K euros. Mintage was 4450 examples. Imagine now what a US gold coin in MS-65 from 1840's with that mintage would hammer at..... A MS-65 1857-S (119K) on track to be salvaged, average auctionprice 10-12K (there are probably only 10-15 1848-A 4 Dukaten in existance.[/QUOTE]
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1857-S Double Eagle/ vastly overpriced....
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