| Author |
 Topic  |
|
|
Frugi
Administrator
USA
627 Posts |
 Posted - 08/31/2007 : 20:38:37
|
If anyone noticed my posts in buy sell trade you know about my out of state coin find. You also know I sell on Ebay. But nothing would prepare me for realizing what I sold just after I sold it. Found amongst the thousands of coins was a beat up colonial copper. I listed the colonial Connecticut large copper, starting at $14.95, which I listed as a Bust facing right or African head variety, which in this grade books at about $250.00, I would have been satisfied with $75.00, it went as high as $134.00 before skyrocketing to $1278.00 in the last 2 seconds.
While waiting for payment from buyer (about 3 days), I decided to research this coin instead of only relying on my Yeoman Redbook from 2003. I looked up a list of varieties of this particular coin and the site had outstanding photos and scarcity level for each. The coin I have/had is an obverse of African head variety with a slight difference in the standard (common) spelling of AUCTORI and I am unsure what type of variety the reverse is.
In the end there was more than just one bidder over the $1200.00 mark and most (95%) of the coins on the site I researched the coin on had sale records indicating auction values of around $250.00 to $500.00, and these were listed on that site as very scarce. There was only three colonials on that entire site that indicated recent prices realized over $1,000.00 and one was US$188,000.00, amazing!
I was astonished and overcome with excitement when I discovered the selling price, and now is a great time for a monetary blessing since my wedding is coming up and I need the extra $$, however I couldn't just let it go and be thankful I had to research it and I think this coin to be worth every penny paid by the winner but probably much, much more, as I believe this one could be one of the rarest varities ever known. But I hope not. I hope I don't see this coin on the cover of Coin World next month, "BIGGEST RARE COIN FIND OF THE 21ST CENTURY"
That would be slightly depressing, but I probably am blowing it out of proportion, but you never know and $1200.00 is alot for a coin with obvious horrible damage, so I hope the winning bidder, got a deal, strikes it rich, get's maybe 5x what he paid and then maybe I 'll get a little bit of some good karma floating my way.
Anyhow I just thought you guys might be interested in seeing the now completed listing, and have a peek at what may quite well be one of the rarest coins around. Just think, that coin sold for 127,800X face value, WOW!
That is one coin that definitely is worth its weight in Rhodium.
Here is the link, please let me know what you think.
You must be logged in to see this link.
____________________________________________
Real Eyes Realize Real Lies
My Current Ebay Listings:
You must be logged in to see this link.
|
|
|
NiBullionCu
Penny Pincher Member
USA
168 Posts |
|
|
TenBears
1000+ Penny Miser Member
USA
1021 Posts |
Posted - 09/06/2007 : 16:01:23
|
Not the 1785 large copper!? There are only two of those known to exist!
:) |
 |
|
|
Frugi
Administrator
USA
627 Posts |
|
|
centsless
Penny Pincher Member
119 Posts |
Posted - 09/08/2007 : 10:52:23
|
| those coins are out there, and talk about the uninformed,.. the vast majority of people are uninformed about these types of coins. about 15 years ago a friend of mine picked up a CT copper at a flea market for $10 or so. i dont remember the exact variety. I have lost track of him over the years so i dont know how he made out with it. but these coins are floating around out there, and because its not a type of coin that most people have ever seen, their value is lost on the "average person", even that very same "average person" who might have an inkling that an indian head or other old american coin has some collector value. Great find! |
|
|
| |
Topic |
|
|
|
MUST SEE THIS COIN! SUPER RARE!
Forum Locked
