Paulus Posted September 19, 2013 Posted September 19, 2013 I wondered if anyone had an explanation or theory as to why this coin may have sold for such a high price (on the face of it?).http://www.ebay.co.uk/itm/Enamel-1804-George-III-Dollar-Five-Shilling-Coin-or-Crown-Bank-of-England-/190894025711?_trksid=p2047675.l2557&ssPageName=STRK%3AMEWAX%3AIT&nma=true&si=MA2hHJicuYE7HrSG8XId4l4UliM%253D&orig_cvip=true&rt=ncI acquired an extremely attractive and high quality enameled 1821 Crown as an example for my collection a few months ago for around £32, and watching them before and since they seem to all go for £20-£40, but this one has fetched over 10x the going rate, any ideas anyone? Quote
Generic Lad Posted September 19, 2013 Posted September 19, 2013 Maybe the buyer though they were getting an American 1804 dollar Quote
Peckris Posted September 19, 2013 Posted September 19, 2013 I wondered if anyone had an explanation or theory as to why this coin may have sold for such a high price (on the face of it?).http://www.ebay.co.uk/itm/Enamel-1804-George-III-Dollar-Five-Shilling-Coin-or-Crown-Bank-of-England-/190894025711?_trksid=p2047675.l2557&ssPageName=STRK%3AMEWAX%3AIT&nma=true&si=MA2hHJicuYE7HrSG8XId4l4UliM%253D&orig_cvip=true&rt=ncI acquired an extremely attractive and high quality enameled 1821 Crown as an example for my collection a few months ago for around £32, and watching them before and since they seem to all go for £20-£40, but this one has fetched over 10x the going rate, any ideas anyone?It's a beautifully enamelled reverse, but the obverse is totally ruined by brooching. Some people have more money than sense. Quote
HistoricCoinage Posted September 19, 2013 Posted September 19, 2013 The buyer seems to have spent at least a hundred or even three hundred on every enamelled piece he's bought. Quote
HistoricCoinage Posted September 19, 2013 Posted September 19, 2013 There's got to be more than one person willing to pay a premium, as they wouldn't reach this price otherwise. As for why, I'm not sure.This one sold for £320. Quote
Paulus Posted September 19, 2013 Author Posted September 19, 2013 Bizarre, that one's not particularly attractive or well done IMO! Quote
HistoricCoinage Posted September 19, 2013 Posted September 19, 2013 (edited) Bizarre, that one's not particularly attractive or well done IMO!And there's no image of the reverse. My guess would be someone who buys them purely for their artistic merit. Edited September 19, 2013 by HistoricCoinage Quote
Paulus Posted September 19, 2013 Author Posted September 19, 2013 The one's I have seen the observes are never enameled, nearly always a brooch and therefore completely wrecked (as a pure coin) ... I was just taken by the huge disparity in prices paid between the ones I have witnessed, the one in my OP and the example you have posted Historic ... Quote
Coinery Posted September 19, 2013 Posted September 19, 2013 The one's I have seen the observes are never enameled, nearly always a brooch and therefore completely wrecked (as a pure coin) ... I was just taken by the huge disparity in prices paid between the ones I have witnessed, the one in my OP and the example you have posted Historic ... It'll be interesting to watch the prices on eBay over the next few months, and how much new stock appears, as I have a little theory? Quote
Paulus Posted September 19, 2013 Author Posted September 19, 2013 A little 'cottage' industry perhaps? Quote
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