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Do you think this coin will finally find a home?

6 posts in this topic

I love this coin.

If I had the funds right now, I'd snatch it up.

 

Do you think it will EVER find a home?

(for more than 12 months?)

 

web page

 

"From Abe Kosoff's sale of the Menjou Collection (from the Charles Williams Collection), June 1950, Lot 697; Abe Kosoff's sale of the Edgar Levy Collection, May 1955, Lot 20; Stack's sale of the R.L. Miles Collection, April 1969, Lot 899; Stack's sale of September 1975, Lot 182; Paramount's sale of the Lewis Collection, July 1977, Lot 235; Bowers and Ruddy's 1978 ANA Sale of the Branigan Collection, August 1978, Lot 722; Robert Hughes' sale of the Ott Collection, October 1979; Lot 401; Superior's session of Auction '90, August 1990, Lot 1075; Superior's sale of February 1991, Lot 1311; Heritage's 2000 ANA Sale, August 2000, Lot 5784; Superior's 2002 ANA Sale, August 2002, Lot 862; Bowers and Merena's 2003 ANA Sale, August 2003, Lot 1147."

 

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It looks like a lot of people have made money on this coin over the years. What was it that Garrett Morris used to say on the old Sat. Night Live? "Baseball been berry berry good to me!" This coin "been berry berry good" to not a few dealers/auction houses!

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Why is it that so many of the supposedly "high-powered" coins appear so frequently? Could it be that there is no real market for them? Is all we are seeing just attempts at price manipulation by owners that bought these coins on spec?

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I suppose in part because as you suggest the market for these coins is much smaller. I suspect that most of us collectors operate on a budget of somewhere between a few dollars to maybe a few thousand. These high priced coins are beyond the reach of most of us, and those that can afford them can also afford to hold on to them.

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