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Great eBay Story About Colonial
novacaesarea
Posts: 145 ✭
Hi All,
Well you always hear the apocryphal stories about the little old widow whose husband left her one beat up coin that he bought for $5 in a junk box, then it turns out to be a super rarity. Sometimes, it happens!
Every time you hear something like this on eBay, you generally want to run in the other direction. But last week, a casual eBay seller whose current store consisted of a dolls head, a beat up flag, some cuff links and a few other odds and ends also included what appeared to be a low grade Vermont Coin. With so many experts scouring eBay these days, it was soon identified as an extremely rare Ryder 37 Vermont Copper. Including this coin, there are 7 known, so an R-7+. It was a problem free F/VF which stands as among the finest. It quickly started attracting bids.
The seller, who was genuinely selling it for his little old widow friend, started getting nervous but was reassured by several sellers telling him to wait and let the auction run. At $3,000 they were becoming stunned, and despite a few requests to end the auction for what appeared to be a very attractive sum, they did let it run.
In the final moments, the coin nearly reached $13,000. Then the snipes kicked in and in 7 seconds it ended up selling for $29,900. Pretty much all the money.
The seller and eBayer were "shell shocked". The money for her (them) given where she was in life was truly transformative.
What a story.....nice ending.
Best,
Caesarea (a losing bidder)
Well you always hear the apocryphal stories about the little old widow whose husband left her one beat up coin that he bought for $5 in a junk box, then it turns out to be a super rarity. Sometimes, it happens!
Every time you hear something like this on eBay, you generally want to run in the other direction. But last week, a casual eBay seller whose current store consisted of a dolls head, a beat up flag, some cuff links and a few other odds and ends also included what appeared to be a low grade Vermont Coin. With so many experts scouring eBay these days, it was soon identified as an extremely rare Ryder 37 Vermont Copper. Including this coin, there are 7 known, so an R-7+. It was a problem free F/VF which stands as among the finest. It quickly started attracting bids.
The seller, who was genuinely selling it for his little old widow friend, started getting nervous but was reassured by several sellers telling him to wait and let the auction run. At $3,000 they were becoming stunned, and despite a few requests to end the auction for what appeared to be a very attractive sum, they did let it run.
In the final moments, the coin nearly reached $13,000. Then the snipes kicked in and in 7 seconds it ended up selling for $29,900. Pretty much all the money.
The seller and eBayer were "shell shocked". The money for her (them) given where she was in life was truly transformative.
What a story.....nice ending.
Best,
Caesarea (a losing bidder)
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Best,
Caesarea
Best,
novacaesarea
<< <i>It's great to learn the "back-story" and it's just what I would have hoped for! Thanks for posting >>
A great testimony to the reach of eBay as well.
great story and glad to see the auction run its course.
and for this part
<< <i>despite a few requests to end the auction >>
i would greatly enjoy seeing a video(s) of those that requested the auction that already had bidders to be ended early taken out back and see a few of their fingers bent backwards.
.
Coin Rarities Online
PCGS Registries
Box of 20
SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
I tend to think that someone like Walter Mould would think, finally!!!!!!, someone appreciates my artistic talent. But Abel Buell and Thomas Machin, they were a fast money, low cost producer crowd and would be stunned, but bemoan that they did not make more scarcities and errors.
JMO
nova caesarea