1821 Crown -- Only $8K?

[brg5658 111]

Just got the early bird announcement for the CRO offerings -- thoughts?

http://www.coinraritiesonline.com/?page=search&task=det_item&item_id=758428

[Paulus 1,975]

They sound like estate agents!

'... abjectly original coin grey (sic) surfaces and electric teal ...'

What the SMEG does that mean?

[Rob 3,152]

Abjectly original sounds like they are disappointed it hasn't been AT'd. Maybe they could spend the profits on a thesaurus.

Nice coin, but a bit overpriced. Maybe £1000-1200 less and it would be worth the money.

[brg5658 111]

Abjectly original sounds like they are disappointed it hasn't been AT'd. Maybe they could spend the profits on a thesaurus.

Nice coin, but a bit overpriced. Maybe £1000-1200 less and it would be worth the money.

I find the coin to be very attractive -- I might be a buyer for £3500 on a "wild day" -- but £4800 is a bit on the "crazy" side. Oh well...to each his/her own. I don't doubt for one second that someone will buy it at this level either -- CRO has a religious following of people with more money than gray matter.

Edited April 1, 2014 by brg5658

[Rob 3,152]

Abjectly original sounds like they are disappointed it hasn't been AT'd. Maybe they could spend the profits on a thesaurus.

Nice coin, but a bit overpriced. Maybe £1000-1200 less and it would be worth the money.

I find the coin to be very attractive -- I might be a buyer for £3500 on a "wild day" -- but £4800 is a bit on the "crazy" side. Oh well...to each his/her own. I don't doubt for one second that someone will buy it at this level either -- CRO has a religious following of people with more money than gray matter.

If that's what the exchange rate is then £3K would be about right.

[brg5658 111]

OK -- I'll spill the beans on the "rest of the story". I recognized this coin immediately from the CRO mailing, as it was a coin I was watching back in January in a Heritage Auction. It turns out that this coin sold at Heritage in an NGC MS65 holder not even 3 months ago for $5581 including the "juice".

In the meantime, it was crossed over to a PCGS holder, some "pretty" pictures were taken, and a 40%+ markup later, here it is offered in it's new PCGS plastic garb for $8000. Sadly, this is how most of the USA coin market works -- but apparently it's creeping into the non-USA market here also. I hope whoever purchases this coin enjoys the $2500 plastic bump in price.

[Peter 615]

There is money to be made.

Good luck to them.

Thanks for pointing it out and well done on the research.

[brg5658 111]

Man, this thing is making the rounds. Back up for sale AGAIN -- this time on eBay from Atlas Numismatics (and also on their website).

I always wonder, if these are such great coins, why do they change hands every 3-4 months...

[VickySilver 830]

I believe "Hot Potato" is the game....Reminds me a bit of those infernal (albeit more common) 1823 Two Pound gold pieces - they just keep coming and coming with crazy prices fetched for supposed condition rarities.

Let's not go there with the Gothics, please!

[josie 8]

They say that most british coins is very hard to get in high grade in raw...especially in slab...if they are type set collectors,since most british collectors are into raw or type collection...i think.

Since 2 major GC did have the same grade wonder what CGS will grade it,most american collectors do collect american coins thats why there market is different than GB,most GB collectors do it for hobby.not like america i think,,other collectors or investor who have money....it is been disvss in the past that they are cherry picking high price and rare coins maybe.... now they are going to british coins in slab since there is CGS GB company....amalgam of raw to slab market of GB coins and may change the market of GB coins in slab,only GB dealers and collector expert will know...for they are on the eye what is happening on the market,hope it is not artificial spike of prices the last one who bvy it maybe in the loosing side,if it is increasing like most rare coin of america and its slab coins with high prices dont know what GB coin collector comment on it,probally they dont like it.

Edited June 12, 2014 by josie

[azda 979]

The coin is obviously too expensive. Obviously slab number has'nt Worked in their favour this time, which puts a smile on my face