What coin do you wish you had bacK?

Discussion in 'Coin Chat' started by mikenoodle, May 22, 2009.

  1. tmoneyeagles

    tmoneyeagles Indian Buffalo Gatherer

    Shoot really even a FS MS70 $5 could go for $600...
     
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. mark_h

    mark_h Somewhere over the rainbow

    None - so far I sold all my bullion coins and commemoratives, plus an 1812 and 1882 Snow IHC. Thats about it - the 1812 was a dog and I got killed on it, the 1882 I made about 1000% profit on. Some of the bullion I lost on and some I made a killing on - like the 4 coin smithsonian set. So the new owners can keep them.
     
  4. Arizona Jack

    Arizona Jack The Lincoln-ator

    in my cointalk album there is a 1909 lincoln in a pcgs trueview.......i truly regret selling this coin and the new owner knows it. ouch.
     
  5. mikenoodle

    mikenoodle The Village Idiot Supporter

    I think it sucks way way harder if you have to sell it to someone that you know. You have to look at it forever knowing it's not yours anymore.
     
  6. Coinman_Ben

    Coinman_Ben Member

    LOL that was way too funny!
     
  7. Coinman_Ben

    Coinman_Ben Member

    Although I've sold many coins in my past, I can't think of a time when I sold I coin I wish I hadn't, maybe the time I sold a few beat up barber quarters, which I exchanged for better coins, but that quick exchange for more coins quickly put aside any sellers' remorse I might have otherwise had. I almost sold my 1921 peace dollar at one point because I was looking in price guides just wondering what it was worth and got greedy (i.e. wanting to make a quick buck since I had the coin awhile at that point and when I originally got it, it was a gift), but when I went to sell it and the price the coin dealer was offering wasn't as high as I thought it would be, I decided to sit on the decision awhile and ended up deciding not to sell it and I'm sure am glad I made that decision because I would ended up selling for $90 what is now worth $175.

    As a result of that experience, I will never consider selling my most valuable coins again even if I get into a financial crunch, ever since that time I went to sell that peace dollar and decided not to, when I have gotten into a financial crunch, I've been looking at selling my cheaper coins before I ever consider my more valuable coins because in my experience, my cheapest coins have given me more money from their sales than my more expensive coins could ever hope to give me because I have so many of them. ;)
     
  8. Chiefbullsit

    Chiefbullsit CRAZY HORSE

    1937-D 3-Leg Buffalo :bow::bow::bow:.......sold to upgrade and haven't found "the one" to replace it with.........YET.
     
  9. tmoneyeagles

    tmoneyeagles Indian Buffalo Gatherer

    Well ever since this thread was started, I have been thinking about what I sold.
    And I got to thinking about one walking liberty half dollar, I loved, and sold it, it was 1942, and was in VG-F condition, and this was one of the coins from my grandfathers/fathers collection that went down to me.
    I just bought the coin back, as I had sold the coin to a friend, so the coin I regretted selling, will be back in my hands once again in a few days
     
  10. Mark Feld

    Mark Feld Rare coin dealer

    I sure wish I had the one below, back!

    I bought it in 1981 (?) for between $32,000 and 35,000 (?) and sold it in a continuing down market in 1982 for about $26,000. It reappeared some 26+ years later in this year's Heritage FUN sale, where it realized an impressive $575,000.

    [​IMG]




    [​IMG]


    "'Collector's Dream' 1877 Copper Half Union, Judd-1549
    PR67 Brown, Tied for Finest Certified
    Ex: Marks, Austin, Fairfield, Sieck</I>


    1877 $50 Fifty Dollar, Judd-1549, Pollock-1722, R.7, PR67 Brown NGC.</I>
    Design. </I>The William Barber Small Liberty Head design.</I>Liberty faces left, with coronet bearing her name, its top border ornamented with beads. Her hair is thick and wavy, and a B in the field just below the truncation (unusually, not on the neck) stands for the Barber. Thirteen stars ring the border, with date 1877 below. The Small Head shows the tip of the coronet below </B>star 6, while the Large Head shows the tip between </B>stars 5 and 6, and the date is considerably further away from the bust truncation on the Small Head. The two lowest curls on Liberty are rounded, rather than pointed as on the Large Head. The reverse (same as the Large Head) is also the same as the contemporaneous double eagle, but detailed differently, the most obvious being two small decorative elements at the rim on each side, between UNITED STATES OF AMERICA and the denomination FIFTY DOLLARS. Struck in copper with a reeded edge.

    Commentary. </I>In the Judd-1547 description we wrote of the "unusual" circumstances, to say the least, that led to William H. Woodin's possession of the two unique gold half unions, now ensconced in the Smithsonian Institution. The pieces were "deaccessioned," to use a fancy euphemism, from the Mint Cabinet.

    For the serious researcher into pattern coins, the Pollock and Judd references are each in their own ways indispensable. But USPatterns.com must not be overlooked, another valuable resource. The following is given verbatim </B>from that source, except to better identify in brackets [ ], where possible, a couple of the characters in the drama:

    "The circumstances of the return of this and its companion gold piece J1548/P1721 has been shrouded in mystery but correspondence between Woodin's attorney and the mint in the John Ford library have shed some new light on the matter, and, at a minimum, establish that the 2 pieces belonged to Col Snowden.

    "One of these letters from Woodin's attorney to U.S. Attorney Henry W. Wise on June 7, 1910 is shown below courtesy of George Kolbe.

    'Col. [Archibald Loudon] Snowden [Philadelphia Mint chief coiner 1866-77 and superintendent 1879-1885], who had originally purchased these coins from the Director of the Mint [presumably Henry R. Linderman, Mint director 1867-69, 1873-78] in Philadelphia by depositing the bullion value and the charge for pattern pieces to save them from being melted down, in the course of negotiations between himself and Dr. [A. Piatt] Andrew, Director of the Mints [November 1909-June 1910], came to an agreement with the latter over all matters in dispute between them, and proposed to Mr. Woodin to repay him the $20,000 he had paid for these pieces, in order that he might carry out his arrangement with Dr. Andrew. Mr. Woodin after numerous visits to Philadelphia and Washington and conference with Dr. Andrew, both there and in this city, decided to accept this offer, returned the 50's to Col. Snowden, and I thereupon notified Mr. Pratt, as did Mr. Woodin, that the incident was closed, and we requested a letter from your office confirming the same. In view of the trouble and expense to which Mr. Woodin was put to facilitate Dr. Andrew in the adjustment of a very difficult situation, your letter seems a little unfair, in that it would tend to create the appearance of a record some time in the future that Mr. Woodin had been compelled to give up something of which he was improperly in possession.'

    "Additional information can be found in the May 17 and 24, 2004 editions of Coin World</B> by William Gibbs. It appears that Col. Snowden either gave them back to the Mint or the Mint confiscated them from him after the deal mentioned above was completed."

    Reading between the lines, this carefully worded letter appears to be a lawyerly effort to, of course, not only exculpate Woodin--the attorney's client--while obtaining official notice that the incident is resolved and carefully avoiding the blatant casting of blame. One notices that Col. Snowden's motive is purportedly altruistic--to "save them from being melted down." But one also notices that the source of the patterns in the first place is not even named--could it have been the curator of the Mint Cabinet at the time, or other Mint personnel? One also observes that there is considerable friction between Director Andrew, Col. Snowden, and Woodin, to the extent that the Mint ended up loading down Woodin, clearly a shrewd businessman as well as an avid collector, with "crates" of patterns in return for the two gold half unions.

    USPatterns.com estimates that "less than a dozen" of both the Large Head and Small Head are known, some gilt, some not. Most copper examples of this design have been gilted, making this nongilt piece even more extraordinary and desirable.

    The 1913 Adams-Woodin pattern reference says of the two unique gold half unions:

    "In this year [1877] were struck at the Mint two of the rarest and most interesting pattern coins of the whole series. They were of a denomination higher than any coin of regular issue, being of fifty dollars value, and are regarded by all collectors as the most desirable coins ever issued at the United States Mint."</B>

    While those coins are off the market forever, this stunning copper Superb Gem pattern, at least tied for finest certified,</I> is certainly a collector's dream.

    Physical Description. </I>The cataloger of the William R. "Rudy" Sieck Collection simply said in 1981 concerning this piece, "Gem Proof-67, beautiful iridescent surfaces.</I> No finer specimen could exist." An incredible, stunning Superb Gem of what is arguably, like its gilt Large Head companion presented here, the most impressive U.S. pattern available in the numismatic marketplace today, </B>regardless of price. Both sides are essentially free of even the smallest distractions and show lovely oil-slick iridescence beneath the dominant brown patina. The strike is unassailable. One notes that IN GOD WE TRUST, as on the Judd-1547, is clearly hand-punched: IN GOD WE is not in a regular arc, and some of the letters are tilted slightly left or right from their intended positions. NGC Census:</I> two PR67 Brown (including the present piece; could be this same coin submitted twice), one PR64 Cameo gilt, one PR64 gilt, one PR63 gilt. PCGS Population:</I> two PR64 gilt. Seven certified coins total, of which five are gilt, less possible duplicates (10/08). Two are off the market, in the Connecticut State Library and the Smithsonian.

    Provenance. </I>Ex: Marks (Bowers and Ruddy, 11/1972), lot 1085; Austin (Bowers and Ruddy, 5/1974), lot 1115); Fairfield (Bowers and Ruddy, 10/1977), lot 124; unknown intermediary; William R. "Rudy" Sieck Collection (Bowers and Ruddy, 7/1981), lot 2418, which realized $44,000; Steve Ivy; Martin Paul; Mark Feld; Auction '82 (Paramount, 8/1982), lot 1826, where it brought $26,000.
    From The Lemus Collection, Queller Family Collection Part Two.</B> (#61893) View Entire Collection."
     
  11. Magman

    Magman U.S. Money Collector

    Mark, did you really own that?


    To answer the thread, there hasn't been a coin I sold that I regretted. however, I have sold coins because I wanted some cash, only to find a week later my boss called me in to work 20 hours... oh well, lol.
     
  12. Mark Feld

    Mark Feld Rare coin dealer

    Indeed I did. Several weeks before the FUN sale I received a call from a catalouger at Heritage - he and I had worked there together at the time I acquired the coin - and he said something to the effect of :
    "Do you have a minute to talk? I think we have a coin here that you used to own". It looked familiar to him, still essentially flawless, with what I refer to as "oil-slick iridescence". And he wanted to see if I could provide any information regarding the pedigree, which fortunately, I was able to do.

    I made it a point to view it prior to the sale, and as soon as I laid my eyes on it, it was easily and immediately identifiable as my old coin. Talk about "the big one that got away".
     
  13. Arizona Jack

    Arizona Jack The Lincoln-ator

    My Gawd Mark, thats a painful story, but it does illustrate the importance of buying primo over average. Many a huge collection, when purchased for moon money, only to be sold today for moon money, but on a scale of 10:1 financially. Never folks, ever, be afraid to reach for the nice ones.
     
  14. mralexanderb

    mralexanderb Coin Collector

    Mark, that was painful for me just to read your account of the coin you owned. But the past is the past. You did what you thought best at the time and that is what is important.

    My only regret is that I sold the Proof and BU Jefferson Spouse Gold coins In the original dated box that could be submitted for what, first release, early release? Whatever. I thought I needed a $1000 and I sold it on ebay for $1040 minus S & H and Ins. I never saw the coins as they were in the OGP. Afterwords I realized I didn't really need the 1K. My only consolation is that I have another pair of the Jeff Gold Spouses In the OGP that has the first day of shipping on the label. I still don't know if I should get them graded or keep them locked in the box.

    Bruce
     
  15. mikenoodle

    mikenoodle The Village Idiot Supporter

    I am a firm believer that it's quality over quantity every time!
     
  16. mikenoodle

    mikenoodle The Village Idiot Supporter

    why have them graded Bruce? There's 10,000 (unc and proof) of them and they are all between 67 and "70". There is no premium paid for the holder that I know of except the early releases, and the grading companies won't give that deisgnation anymore on these coins. It's too late.
     
  17. Mark Feld

    Mark Feld Rare coin dealer

    Folks, please don't get me wrong - I'm not upset about selling the Half Union $50 Pattern when I did. If I had held it for a few more years, I don't think I would have fared much better. And realistically, there is no way I would have held it for 20+ years and reaped the benefits of that. Besides, it still makes for a cool story.:kewl:
     
  18. mralexanderb

    mralexanderb Coin Collector

    Yeah, I understand that they won't be given any special treatment now. Meanwhile, I haven't had them graded because of the low premium put on the slabed coins and I like raw coin better. Unless thet have to be authenticated like a key coin.

    Bruce
     
  19. jello

    jello Not Expert★NormL®

    1909-O $5.00 Indian

    I had $5.00 Indian 1909-O Ngc grade Ef-45. I sold because I had to.I was in a accident 2002 I was pulled in to a machine.by 2003 my S&A had ran out and my Army retirement was not paying bills that were never ending as it seamed.so I sold it to Heritage
    1 thing I wish I never sold! I think I seen back up for auction by Heritage in Coin World I my try to get it back.
     
  20. Larry Moran

    Larry Moran Numismatographer

    Though I've owned and later sold some nice Saints, the coin I miss the most is the 1794 large cent, Head of 1794 , with Pole to Cap, in VF-30 condition. Today it might grade a tad higher at VF-35 or even EF-40.

    I bought it from Jack Beymer in 1988. I sold it in 1999. It was a raw example then.
     
  21. Ripley

    Ripley Senior Member

    I miss an old US silver 3 cent piece from the 19th century. It was the queen of my childhood coin collection. Not worth much and maybe G grade, but memories priceless. Traci
     
Draft saved Draft deleted

Share This Page