Unique 1870-S half dime to be auctioned

Discussion in 'US Coins Forum' started by Revello, Dec 5, 2022.

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  1. physics-fan3.14

    physics-fan3.14 You got any more of them.... prooflikes?

    As for the price...last time it sold it got $1.4 million, so I'd guess its certainly higher than that, especially with the big players. Any less than $3 million would surprise me.
     
    physics-fan3.14, Dec 6, 2022
    #21 + Quote Reply
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  3. masterswimmer

    masterswimmer A Caretaker, can't take it with me

    Ohhhhh, that's weak. Hedging your bet on a free WAG price. Come on now. Commit to a bona fide WAG like the rest of us paupers. ;)
     
    masterswimmer, Dec 6, 2022
    #22 + Quote Reply
  4. bikergeek

    bikergeek Active Member

    This was a fantastic read on a great story. I'm not quite as bullish as some; I'm going to say it will go for $2.6M (all in). I'm now tracking it at HA.

    I will say I got a chuckle from @charley who said 10 Mil "CAC'd". Without that bean, who knows... :)
     
    bikergeek, Dec 15, 2022
    #23 + Quote Reply
    Revello likes this.
  5. KBBPLL

    KBBPLL Well-Known Member

    KBBPLL, Jan 11, 2023
    #24 + Quote Reply
    Pickin and Grinin and Revello like this.
  6. KBBPLL

    KBBPLL Well-Known Member

    Sold, $2.6 million bid plus BP = $3.12 million.
     
    KBBPLL, Jan 11, 2023
    #25 + Quote Reply
    Joshua Lemons, Revello, Omegaraptor and 1 other person like this.
  7. CoinCorgi

    CoinCorgi Tell your dog I said hi!

    I can't wait for it to arrive!
     
    CoinCorgi, Jan 11, 2023
    #26 + Quote Reply
    Joshua Lemons, -jeffB, bikergeek and 1 other person like this.
  8. Newbee03

    Newbee03 Well-Known Member

    I constantly see his property signs. I think it's kind of cool one of the biggest real estate company owner's in my area/state is one of the top coin collector's.
     
    Newbee03, Jan 12, 2023
    #27 + Quote Reply
  9. Revello

    Revello Well-Known Member

    Wow, Bikergeek!! I guess I should have asked for WAGs on bid, less buyer's premium, but you were right on the dot with your WAG on that basis. Guess we'll have to seek your opinion on expected final bids on coins we post on Ebay. :happy:
     
    Revello, Jan 12, 2023
    #28 + Quote Reply
  10. bikergeek

    bikergeek Active Member

    @Revello, I appreciate the vote of confidence but if I had the ability to predict auction sales prices, I'd be a much richer man today! heheheh

    I mean, it's easy to predict the multimillion dollar prices - if you're off by a million or so, hey, no harm no foul - what's a million between friends?
     
    bikergeek, Jan 12, 2023
    #29 + Quote Reply
    Revello likes this.
  11. C-B-D

    C-B-D Well-Known Member

    DLH did not win it. He was the underbidder. Heritage won it.
     
    C-B-D, Jan 12, 2023
    #30 + Quote Reply
  12. charley

    charley Well-Known Member

    CAC got screwed on this one....
     
    charley, Jan 12, 2023
    #31 + Quote Reply
  13. Pickin and Grinin

    Pickin and Grinin Well-Known Member

    When does the service show up?
    Haven't heard about it in a while?
     
    Pickin and Grinin, Jan 12, 2023
    #32 + Quote Reply
  14. C-B-D

    C-B-D Well-Known Member

    Looking like March or April due to supplier delays. “Made in America” sometimes has issues.
     
    C-B-D, Jan 12, 2023
    #33 + Quote Reply
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  15. rbm86

    rbm86 Coin Hoarder

    Price not keeping up with the 1804 Dollar since the $425,000 sale in 1980.
     
    rbm86, Jan 12, 2023
    #34 + Quote Reply
  16. KBBPLL

    KBBPLL Well-Known Member

    It's in the mail. Sorry, no tracking number.
     
    KBBPLL, Jan 12, 2023
    #35 + Quote Reply
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  17. ToughCOINS

    ToughCOINS Dealer Member Moderator

    Heritage knows they can convince DLH to pay much more than that . . . to them it's just a waiting game.

    As for the sale price, I am shocked.
     
    ToughCOINS, Jan 15, 2023
    #36 + Quote Reply
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  18. C-B-D

    C-B-D Well-Known Member

    DLH didn’t like them pushing him up, so he decided to let them eat it. I’m sure he will
    Own it one day, but I think it’ll be for basically the same price. Besides, he won a few other coins…:greedy:
     
    Last edited: Jan 15, 2023
    C-B-D, Jan 15, 2023
    #37 + Quote Reply
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  19. ToughCOINS

    ToughCOINS Dealer Member Moderator

    Personally, I'm most surprised that more folks weren't prepared to pursue that coin. They may have decided DLH buying it was a foregone conclusion, and never prepared to bid on that lot.

    Of the 75 total bids, at least 71 were placed before the live auction even began . . . not very spirited floor bidding for a unique coin. If more folks really believed they would have a real shot at the coin, I think more would have participated at the high end. Instead, we saw just the opposite.

    I don't think there's any chance Heritage is going to sell that coin to him for anywhere near their investment . . . He'd have been better off to bid significantly higher, and avoid being held hostage by Heritage.
     
    ToughCOINS, Jan 15, 2023
    #38 + Quote Reply
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  20. C-B-D

    C-B-D Well-Known Member

    I don’t think anyone else knows this, but DLH doesn’t “need” very many coins. And he passes on upgrades for his set regularly. Just because he’s a billionaire doesn’t mean he throws unlimited money into coins. He gets outbid regularly. He’s still shrewd… But he happily got a couple other coins he liked/wanted this past week or so from the auctions. No sweat.
     
    C-B-D, Jan 15, 2023
    #39 + Quote Reply
  21. C-B-D

    C-B-D Well-Known Member

    As for the 1870-S $3 gold that PCGS stupidly graded AU50 despite having been polished, pitted, and graffitied. He put in a few bids, but did not pursue it. It’s hard to have the “showpiece of your collection” be an ugly problem coin.
     
    C-B-D, Jan 15, 2023
    #40 + Quote Reply
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