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AU-58+ Indian cent sells for $1400+

EagleEyeEagleEye Posts: 7,677 ✭✭✭✭✭
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  • Vbowling299Vbowling299 Posts: 1,878 ✭✭✭
    wow! o.O
    https://forums.collectors.com/home/leaving?allowTrusted=1&target=https://www.ebay.com/str/rochesternumismaticconsultation?mkcid=16&mkevt=1&mkrid=711-127632-2357-0&ssspo=tw-bhouzrjw&sssrc=3418065&ssuid=tw-bhouzrjw&widget_ver=artemis&media=COPY
  • BillJonesBillJones Posts: 34,758 ✭✭✭✭✭
    Among the 17 bids, there had to be two bidders who didn't know what they were doing. That price is insane. image
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • LanceNewmanOCCLanceNewmanOCC Posts: 19,999 ✭✭✭✭✭
    .
    58+ must be one darn hard grade to get for the date, not to justify such a price

    is it a Snow variety too?

    is 58+ the new ms70!
    .

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  • TassaTassa Posts: 2,373 ✭✭
    Wow...is there more to the story? A 1901 in 66RD went for that much a month ago.
    Jade Rare Coin
    Jade Rare Coin eBay Listings
  • stevebensteveben Posts: 4,634 ✭✭✭✭✭
    now to get a gold sticker on it...and watch it implode due to it's own greatness!
  • EagleEyeEagleEye Posts: 7,677 ✭✭✭✭✭
    Must be "Everyman" registry collectors.

    Does PCGS award (+) to coins with spots on purpose? Perhaps to make them trade sight unseen?
    Rick Snow, Eagle Eye Rare Coins, Inc.Check out my new web site:
  • TassaTassa Posts: 2,373 ✭✭


    << <i>now to get a gold sticker on it...and watch it implode due to it's own greatness! >>



    image
    Jade Rare Coin
    Jade Rare Coin eBay Listings
  • renomedphysrenomedphys Posts: 3,811 ✭✭✭✭✭


    << <i>Must be "Everyman" registry collectors. >>


    There's nothing "Everyman" about the way these sets are put together image

    Empty Nest Collection

  • rheddenrhedden Posts: 6,632 ✭✭✭✭✭
    I hope nobody who posts here won it for that price. It's a $20 coin if cracked out of the holder. I don't see any Snow variety to make it worth that price. I guess it's their money and they can spend it as they please, but I won't be joining them in pursuing this fad.



  • BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭
    Wow that's a shock and awe plan fail! image
    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
  • Type2Type2 Posts: 13,985 ✭✭✭✭✭
    I do see a big spot by the date WoW is this the new E-bay?image


    Hoard the keys.
  • SmittysSmittys Posts: 9,876 ✭✭✭✭✭
    bet it doesn't get paid for
    image
    https://www.ebay.com/str/christyscoins
  • shylockshylock Posts: 4,288 ✭✭✭
    Is that the Shroud Of Turin I see under the "O" of the date?

    Paul <> altered surfaces <> CoinGallery.org
  • Walkerguy21DWalkerguy21D Posts: 11,672 ✭✭✭✭✭
    I guess this is yet another example of why the Greysheet is way, way off on it's pricing image

    Successful BST transactions with 171 members. Ebeneezer, Tonedeaf, Shane6596, Piano1, Ikenefic, RG, PCGSPhoto, stman, Don'tTelltheWife, Boosibri, Ron1968, snowequities, VTchaser, jrt103, SurfinxHI, 78saen, bp777, FHC, RYK, JTHawaii, Opportunity, Kliao, bigtime36, skanderbeg, split37, thebigeng, acloco, Toninginthblood, OKCC, braddick, Coinflip, robcool, fastfreddie, tightbudget, DBSTrader2, nickelsciolist, relaxn, Eagle eye, soldi, silverman68, ElKevvo, sawyerjosh, Schmitz7, talkingwalnut2, konsole, sharkman987, sniocsu, comma, jesbroken, David1234, biosolar, Sullykerry, Moldnut, erwindoc, MichaelDixon, GotTheBug
  • Vbowling299Vbowling299 Posts: 1,878 ✭✭✭
    i have a few that are nicer than that...did i hit the Jackpot?!? image hahaha image
    https://forums.collectors.com/home/leaving?allowTrusted=1&amp;target=https://www.ebay.com/str/rochesternumismaticconsultation?mkcid=16&mkevt=1&mkrid=711-127632-2357-0&ssspo=tw-bhouzrjw&sssrc=3418065&ssuid=tw-bhouzrjw&widget_ver=artemis&media=COPY
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  • yellowkidyellowkid Posts: 5,486 ✭
    The sort of bidding that will NEVER happen if I have merch in the auction.
  • keyman64keyman64 Posts: 15,527 ✭✭✭✭✭
    Not for me!
    "If it's not fun, it's not worth it." - KeyMan64
    Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners. :smile:
  • lordmarcovanlordmarcovan Posts: 43,760 ✭✭✭✭✭


    << <i>AU-58+ Indian cent sells for $1400+ >>

    Oh. OK.

    I was confused for a sec, 'cause when I read the title, my brain inserted an extra word.

    I thought you said, AU-58+ Indian cent set sells for $1400+

    That would've been the cherrypick of the century, perhaps. image

    Just looked at the link. A 1901 ?!? Man, that IS insane. image

    Maybe if it had been one of those errors struck on a quarter-eagle planchet...

    Explore collections of lordmarcovan on CollecOnline, management, safe-keeping, sharing and valuation solution for art piece and collectibles.
  • AMRCAMRC Posts: 4,280 ✭✭✭✭✭

    The technical term for this is "Stupid Money"

    I am sending in every AU55-MS62 1901 IHC I can find.

    MLAeBayNumismatics: "The greatest hobby in the world!"
  • MJHMJH Posts: 538 ✭✭
    The dark spot below the date.

    If you magnify it by 400% it looks kind of like an S Mintmark.

    image

  • BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭


    << <i>This is not good advertising for PCGS since this is the new UGLY for AU58+. Either someone has a weird bucket list or offed himself while bidding and fell on to the bid keyimage >>



    There's a good chance that the full visual focus was just on the label and the coin itself was never even glanced at? imageimage

    Honestly I so dumbfounded seeing this that I'm too mentally paralyzed to post anything really witty! image
    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
  • valente151valente151 Posts: 1,070 ✭✭✭
    I have found myself paying some really crazy money for 58s, but that is just insane! It doesn't have the attractiveness a 58+ should, let alone a 58!
    My Retired Toned Proof Mercury Dime Set
  • dlmtortsdlmtorts Posts: 743 ✭✭✭
    I have an old 1859 ANACS MS 61. I wonder if I could get it to downgrade and make it worth more as a 58!!! That is insane!
  • MFHMFH Posts: 11,720 ✭✭✭✭

    Valente151... I thought only a "Maine-iac" would pay that much for
    an AU - 58+ ...image
    Mike Hayes
    ~~~~~~~~~~~~
    Coin collecting is not a hobby, it's an obsession !

    New Barber Purchases
  • WaterSportWaterSport Posts: 6,911 ✭✭✭✭✭
    Wow, I guess that makes my 1901 AU 50 I posted on ebay worth....$200.....Well OK, it does not have a + so I will take $150....

    UFB

    WS
    Proud recipient of the coveted PCGS Forum "You Suck" Award Thursday July 19, 2007 11:33 PM and December 30th, 2011 at 8:50 PM.
  • rheddenrhedden Posts: 6,632 ✭✭✭✭✭
    Wow, MJH is right- a veritable 1901-S Indian cent with the S below the date! Pro'lly came out of the estate of the San Francisco mint director himself! Will be the next $10 million coin for certain! image

    But no, seriously, the buyer is buried @ $1400.
  • ziggy29ziggy29 Posts: 18,668 ✭✭✭
    Registry idiocy, IMO.
  • Walkerguy21DWalkerguy21D Posts: 11,672 ✭✭✭✭✭


    << <i>But no, seriously, the buyer is buried @ $1400. >>


    So you think the greater fool theory has run its course on this coin? image
    I can just see the fellow walking it around a bourse sometime down the road, soliciting offers "well I'm in at $1400....how close are we?"

    Successful BST transactions with 171 members. Ebeneezer, Tonedeaf, Shane6596, Piano1, Ikenefic, RG, PCGSPhoto, stman, Don'tTelltheWife, Boosibri, Ron1968, snowequities, VTchaser, jrt103, SurfinxHI, 78saen, bp777, FHC, RYK, JTHawaii, Opportunity, Kliao, bigtime36, skanderbeg, split37, thebigeng, acloco, Toninginthblood, OKCC, braddick, Coinflip, robcool, fastfreddie, tightbudget, DBSTrader2, nickelsciolist, relaxn, Eagle eye, soldi, silverman68, ElKevvo, sawyerjosh, Schmitz7, talkingwalnut2, konsole, sharkman987, sniocsu, comma, jesbroken, David1234, biosolar, Sullykerry, Moldnut, erwindoc, MichaelDixon, GotTheBug
  • shorecollshorecoll Posts: 5,447 ✭✭✭✭✭
    Is it the only +? Instant registry #1...and realone your comment was tasteless...very funny, but tasteless. image
    ANA-LM, NBS, EAC
  • johnny9434johnny9434 Posts: 29,162 ✭✭✭✭✭


    << <i>Among the 17 bids, there had to be two bidders who didn't know what they were doing. That price is insane. image >>

    very insane image
  • SonorandesertratSonorandesertrat Posts: 5,695 ✭✭✭✭✭


    << <i>The technical term for this is "Stupid Money"

    I am sending in every AU55-MS62 1901 IHC I can find. >>



    I would suggest sending in every 58+ of any denomination, if this is the new fad. Take the money and run, guys.image
    Member: EAC, NBS, C4, CWTS, ANA

    RMR: 'Wer, wenn ich schriee, hörte mich denn aus der Engel Ordnungen?'

    CJ: 'No one!' [Ain't no angels in the coin biz]
  • MowgliMowgli Posts: 1,219 ✭
    AU 58 madness is everywhere. Whoever thought of registry sets is a genius.
    In the land of the blind the one-eyed man is king.
  • EagleEyeEagleEye Posts: 7,677 ✭✭✭✭✭
    I guess it is no more insane than paying $1400 for a P-01 1877 Indian cent or a MS-70 Silver Eagle. To some people the registry ranking is worth the extra $$.


    I think the (+) was given because of the spot. Coins that are given the (+) designation are required to trade sight-unseen on CCE. In a perverse twist, PCGS graders label coins with spots with a (+) so that they trade, because otherwise they would be rejected.



    Rick Snow, Eagle Eye Rare Coins, Inc.Check out my new web site:
  • BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭


    << <i>I think the (+) was given because of the spot. Coins that are given the (+) designation are required to trade sight-unseen on CCE. In a perverse twist, PCGS graders label coins with spots with a (+) so that they trade, because otherwise they would be rejected. >>



    image
    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
  • UnknownUnknown
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  • agentjim007agentjim007 Posts: 6,256 ✭
    You guys saying I paid too much?
  • UnknownUnknown
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  • SmEagle1795SmEagle1795 Posts: 2,199 ✭✭✭✭✭


    << <i>
    Maybe if it had been one of those errors struck on a quarter-eagle planchet... >>



    Those are incredibly cool.
    Learn about our world's shared history told through the first millennium of coinage: Colosseo Collection
  • SonorandesertratSonorandesertrat Posts: 5,695 ✭✭✭✭✭


    << <i>You guys saying I paid too much? >>



    Need any more Au58+ coins? If you want spots, that may be doable too (I would need a couple of hours in my lab).image
    Member: EAC, NBS, C4, CWTS, ANA

    RMR: 'Wer, wenn ich schriee, hörte mich denn aus der Engel Ordnungen?'

    CJ: 'No one!' [Ain't no angels in the coin biz]
  • jdimmickjdimmick Posts: 9,772 ✭✭✭✭✭
    Stretching for a good coin of something that doesn't come around happens, I ve done it,

    But paying stupid /stupid money for registry points (or for a holder (when its a coin that's literally worthless) is just plain dumb IMO.

    Personally, I do not participate in the registry, I just as well nobody know what I have

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  • ElcontadorElcontador Posts: 7,679 ✭✭✭✭✭
    Rick, thanks for providing my entertainment for the day. This is a type coin, and I believe a no-problem type IHC in a PC MS 65 RD holder goes for between $400 and $500. Please correct me if I am mistaken. I am also under the impression that this coin probably isn't worth $100. Are there any scarce varieties for the date? I don't think so, but I don't pay attention to this sort of thing.

    To je puni govana
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  • ziggy29ziggy29 Posts: 18,668 ✭✭✭
    I wonder how many MS63 and MS64 coins are now going to be slightly messed with by people trying to get this grade.

    Same goes for the Lowball registry. Anything that creates a situation where a coin is "worth" more in a lower grade is not good, IMO.
  • LakesammmanLakesammman Posts: 17,452 ✭✭✭✭✭
    MS61 net graded 58 for the spot. image
    "My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose, Cardinal.
  • EagleEyeEagleEye Posts: 7,677 ✭✭✭✭✭
    I suppose an AU-58+RB would be a $2,000 coin. An AU-58+RD would be $5,000.
    Rick Snow, Eagle Eye Rare Coins, Inc.Check out my new web site:
  • MsMorrisineMsMorrisine Posts: 35,666 ✭✭✭✭✭


    << <i>I suppose an AU-58+RB would be a $2,000 coin. An AU-58+RD would be $5,000. >>



    Once AU-58+RD is made then AU-58+RB devalues to sub$100 image
    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • nwcoastnwcoast Posts: 2,884 ✭✭✭✭✭
    Feeling a lot better about the five AU 58's that came back in my recent submissionimage
    And I had been hoping for that price jump into the low MS grades on these "sliders".

    These couple of threads about 58's taking moon money are both entertaining and worrysome!
    I don't take part in the registry, I'm just not a very competetive guy I guess....
    I just like great looking coins.... and IMO, this coin just isn't that nice looking...

    Each to their own I guess.

    Happy, humble, honored and proud recipient of the “You Suck” award 10/22/2014

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  • MsMorrisineMsMorrisine Posts: 35,666 ✭✭✭✭✭


    << <i>Feeling a lot better about the five AU 58's that came back in my recent submissionimage
    And I had been hoping for that price jump into the low MS grades on these "sliders".

    These couple of threads about 58's taking moon money are both entertaining and worrysome!
    I don't take part in the registry, I'm just not a very competetive guy I guess....
    I just like great looking coins.... and IMO, this coin just isn't that nice looking...

    Each to their own I guess. >>



    the sentment here seems to focus on the OP coin's (+)

    did any of yours have a fortunate + added to its number?
    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions

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