-40%
1846 O Gold Liberty head XF40 Pittman Collection Legendary collector
$ 4329.59
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Description
1846 O Gold Liberty head XF40 Pittman Collection Legendary collector.The Coin Collection of John Jay Pittman
Among legendary coin collectors, the name of John Jay Pittman is quite possibly at the head of the hall- of-fame class. Outside of maybe the Smithsonian or the British Museum’s historical archives, his meticulously assembled collection of rare coinage was without numismatic peer in terms of sheer quality and depth.
To own one of his pedigree coins is to own one of the few items which are truly historic and desireable.
In fact, his colection was of such importance,and pedigree thatit eclipsed even the most extraordinary modern day collectoins, including the Eliasberg, the Garret, and the legendary King Farouk Collection. This fact is all the more remarkable if one considers that John Jay Pittman, unlike other name collectors, was a man of humble family origins and modest financial means. However, he was a classic American example for everyone from all walks of life as to what one man with limited means can achieve with a determined vision and dogged perseverance. Born in North Carolina in 1913 to a teacher mother and a railroad worker father, Pittman was 10 years old before he owned a new pair of shoes. By the tender age of 13, he was working full-time on a farm while attending school. He gave up his early dreams of attending medical school, instead opting to earn a four year degree in chemical engineering, so that he could get a job and pay for the education of his brother and sister. After graduation, he went to work for Kodak and indeed followed through on that promise by putting both his siblings through college. Pittman was both modest and unpretentious, working hard and saving nearly everything he earned. With his savings, he began collecting coins as a hobby that would turn out to be a lifelong passion and central investment of his life.
In fact, Pitmann's passion for collection coins was completely
- Coin Collection of John Jay Pittman | U.S. Gold Bureau |
enthralling and supported by his wife that, in 1954, they mortgaged their home to finance a trip to Egypt where Pittman made some of his most important acquisitions at the auction of King Farouk’s Palace Collection. That decision changed collecting history. As a collector of coins from all over the world, Pittman was a thorough and meticulous researcher. Early on, he adopted the strategy of trading his way up the ladder, so to speak. His vast knowledge and grasp of his subject led him to focus on collecting proof coins long before they were really popular among collectors in general. From his knowledge of his subject, Pittman knew the long-term importance of the rarity of proof coin total mintages. Such coins were not in great demand when he began collecting them. He also understood that on a per-coin basis, proof coins did not cost a lot money compared to the more populous coins minted for general circulation. I have not focused on proof coins, but have a few very nice and very low population coins.
This one is not inexpensive, and I know it's hard to tell you mom you need 00 for a coin, but likely as not, it may be a great investment, not just something no one else has. There are about 31 of these coins in grade of XF40, but ONLY ONE WITH THE PITTMAN PEDIGREE.
Thanks for looking, hope you enjoyed and will go on to learning more about Pittman collection.
If you want it, good luck in the bidding. Bid last, and you win for sure.
Thanks again,
Capt. Brian
Shipped with USPS First Class Package.
On Jul-01-20 at 19:40:10 PDT, seller added the following information:
There is an error in the listing. It is a New Orleans [ 'O'] mint NOT P as the title says. However,you can easily see the proper designation on the coin's holder as it is marked properly. It was simply a typo. See where the O & the P are right together? I have inspected the rest of the description and text and feel there are no other errors. Sorry for the trouble it may have causeds. And for those bidding, making an offer is NOT a felony. I may like it and say yes, or not and say no or make you a counter offer as I'm doing with a bidder now.
Thanks for understanding.
AND, ebay is not letting me change the listing now as it's under the timeline to change things.
Capt. Brian
For some reason, the listing popped back to a P mint, and I corrected it AGAIN today. Anyway, the picture shows the coin. Sorry, but 2nd mistake NOT mine. Anyway, listing repaired. All else was and is correct. Except the price should be much higher. :^)