It is dramatic to the difference in buying price ... Of 3.2k to a sell price of 170k+++ wow . Yes I get it it's ultra high relief, it's 24 karat gold for 9 etc etc but I mean 170,000 wow ..you cannot make that up christ!!! wish I got one , I didn't even get the silver to busy buying morgans
Those are the privies getting auctioned at Stacks and Bowers by the US Mint. There was no opportunity to get one, they're just auctioning them if you missed it. So yeah, it has been bid up to that and ends Dec. 12th I believe. Comes with canceled die (X through it) and a presentation case. The first one made supposedly. All 230 privies are supposed to be auctioned there for whatever they'll bring. Anybody with the cash can bid.
Hell a lot of us bought one (or more) but only a few got the privies.. I'm happy with what I got even without the privy mark (and I didn't say this but the mint at least equaled DC/MM on this issue. that's high praise from me
The gold privies are only available from Stacks Bowers, you must be talking about the silver one. I see that now. I don't think the OP realized that. How come they all have the same PCGS number?
Uh the 170k one comes with cancelled dies... Here's the link https://auctions.stacksbowers.com/l...ery-first-coin-struck-with-canceled-obverse-a
From what I understand, your premise is wrong. Nobody bought these specific coins for $3200. They are all being auctioned by the mint, so what somebody bought them for is whatever the auction result is.
That's #1. If you mortgage the house you can put in a bid but you better hurry. Only a few days left.
#1 sold for $440,000. Looks like most of the PR70 sold $35-40k and the PR69 $25-30k. The only other outlier I see is the 230th coin for $90k. https://auctions.stacksbowers.com/a...lf-of-the-united-states-mint-lots-11001-11230
Mint made out like a bandit. I was curious if the last one would get a bump too and it sure did. Wonder how many buyers intend to flip them.
I can't be bothered to add up the total for the 230 coins but perhaps someone will. Rough guess, $7M. Yeah, they added a privy mark and cleaned up at 10x the base value. I was thinking #76 (1776) or #94 (1794) might have some price cachet but nope. I'm perplexed in general by the whole thing - what's special or important about a 230th anniversary? It's not 200, 225 or 250. They just made something up and people went wild. Will the success drive a 231st anniversary coin? Probably.
