LOT #4052 |
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1879-S $1 Morgan Dollar -- Passed Thru Upsetting Mill -- MS61 NGC....
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Sold on Apr 25, 2013 for:
$8,225.00
Bid Source: Live: Floor bidder
Description
1879-S Morgan Dollar, MS61
Passed Thru Upsetting Mill
1879-S $1 Morgan Dollar -- Passed Thru Upsetting Mill -- MS61
NGC. The accompanying envelope states that this piece was
"Struck on a thick, concave planchet," and it has exactly that
appearance. The proper description assigned by NGC suggests that
this coin, after it was struck, somehow made its way back to the
planchet preparation stage when the round metal discs became
planchets as they passed through the upsetting mill. That machine
essentially gave each disk its raised rim and standard diameter, as
it was converted from a "Type One" blank to a "Type Two" planchet.
This pleasing piece, while graded a mere MS61, has extraordinary
natural color with a few grade-limiting hairlines.Provenance. "Colonel" E.H.R. Green; Green Estate; Partnership of Eric P. Newman / B.G. Johnson d.b.a. St. Louis Stamp & Coin Co.; Eric P. Newman @ $20; Eric P. Newman Numismatic Education Society.
From The Eric P. Newman Collection.
View all of [Selections From The Eric P. Newman Collection ]
Auction Info
2013 April 24 - 28 CSNS US Coin Signature Auction - Chicago #1184 (go to Auction Home page)
Auction Dates
April, 2013
24th-28th
Wednesday-Sunday
Bids + Registered Phone Bidders: 11
Lot Tracking Activity: N/A
Page Views: 1,479
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
Truth Seeker: The Life of Eric P. Newman (softcover)
A powerful and intimidating dealer of the 1960s, backed by important colleagues, was accused of selling fraudulent gold coins and ingots to unsuspecting numismatists. Who would go up against a man like that and, over the course of decades, prove the fraud? Who would expose a widely respected scholar as a thief, then doggedly pursue recovery of coins that the scholar had stolen from an embarrassed numismatic organization, all over the objections of influential collectors who had bought coins with clouded titles? Eric P. Newman would - and did. Reserve your copy today.
A powerful and intimidating dealer of the 1960s, backed by important colleagues, was accused of selling fraudulent gold coins and ingots to unsuspecting numismatists. Who would go up against a man like that and, over the course of decades, prove the fraud? Who would expose a widely respected scholar as a thief, then doggedly pursue recovery of coins that the scholar had stolen from an embarrassed numismatic organization, all over the objections of influential collectors who had bought coins with clouded titles? Eric P. Newman would - and did. Reserve your copy today.
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