US NE Shilling

[DaveG38]

Is this item for real?

http://cgi.ebay.com/1652-New-England-NE-sh...1QQcmdZViewItem

I don't particularly dispute the age or rarity (I don't know about the latter), but $215,000 buy-it-now price for a coin described as EF, yet has hardly any detail left on it, apart from that which presumably identifies it! I guess these were poorly struck like Henry I pennies but even so this seems an extraordinary grade.

It appears to have plenty of pedigree, but I do wonder who would pay about £120,000 for waht is not much more than a flat piece of metal. Nobody has bid yet, so maybe that's the answer.

DaveG38

[scottishmoney]

When you dig deep into the sellers feedback file, there is one solitary transaction over £10, that being one for £2406, the rest are usually 1p transactions. I would like to know how a seller of small value stuff all of a sudden comes to selling a £100K coin?

[Hussulo]

Expensive and if genuine no doubt rare coin, but not much eye apeal. If I had that much money to spend on a coin personaly it wouldn't be that.

[scottishmoney]

Expensive and if genuine no doubt rare coin, but not much eye apeal. If I had that much money to spend on a coin personaly it wouldn't be that.

You're right, at that price I would get something a more useful, and practical like a Pitts biplane. I have flown one before, oh so so fun, nothing like looping, barrel rolling etc at 1800 metres up.

[Colin G.]

Expensive and if genuine no doubt rare coin, but not much eye apeal. If I had that much money to spend on a coin personaly it wouldn't be that.

You're right, at that price I would get something a more useful, and practical like a Pitts biplane. I have flown one before, oh so so fun, nothing like looping, barrel rolling etc at 1800 metres up.

I would have thought the fake producers would be falling all over themselves to reproduce these, I think even I could knowck one of those up with a bit of time and patience. As you say not exactly eye candy!!!

[TomGoodheart]

It does indeed look like the coin sold by Stacks in 2002. A significant (though to most, unexciting) piece of history.

Clearly other buyers have felt curious how such a dealer came across such a piece. Or felt that the asking price merited caution. Though if it is the real deal it did sell for $172,500.00 in 2002!

.

[scottishmoney]

Any coin I pay over $1000 for better have one very very attractive female on it. All my most expensive ones do. Because women are the only works of art in everything.

[TomGoodheart]

Saint-Gaudens $20 anyone?

(Sorry, couldn't find a decent pic of the 1907 HR)

Edited June 18, 2007 by TomGoodheart

[Bronze & Copper Collector]

Heritage Ultra High Relief Wire Rim

Coin Facts

Coin Gallery

Edited June 19, 2007 by Bronze & Copper Collector

[scottishmoney]

For the price of that I could buy myself 5 gorgeous wives.