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V17 2014 INDEX       E-SYLUM ARCHIVE

The E-Sylum: Volume 17, Number 53, December 28, 2014, Article 14

THE PARTRICK 1792 CHALLENGE

Pete Smith writes:

1792 Birch Cent obverse I propose the Partrick 1792 Challenge. Heritage will be selling the Donald G. Partrick 1792 patterns during their FUN auction beginning January 7, 2015. The twelve coins are lots 5501 through 5512.

I intend to predict what each of the lots will realize at the sale. I propose to send my predictions to Wayne prior to the sale. I invite anyone else to also submit their estimates to Wayne. Let's go with hammer price to keep it somewhat more simple.

I propose that Wayne will judge the contest entries two ways. First, who will come closest to the actual total for the 12 lots. Second, Wayne will compute the variance for each lot. Thus estimates that are $10,000 over on one lot and $10,000 under on another lot may have the correct total but would have a variance of $20,000 for the two lots.

I propose that Wayne accept entries submitted up to Midnight on January 6, 1792. Wayne may establish other rules as he chooses. I suggest that he mentions the three best entries but does not mention names below the top three.

Well, we don't often get into pricing, but the coins are top-notch and this will be a fine opportunity to discuss some of them. So sure, count me in. I can wrangle a spreadsheet. To encourage submissions, I'll keep the individual contestant names and predictions private unless permission is given. -Editor

Davisson Auction 34ad02


Wayne Homren, Editor

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