Best Of

I also wouldn't identify it as a 1909-S VDB.

I'd state on the insert, 1909 VDB
Added mintmark.

@breakdown said:

@Old_Collector said:

@breakdown said:
Without a real pop report, not sure how useful any grading service is other than for authentication. Just my opinion.

Please expand on this, assuming that one knows what one is looking for? How is it not real, or not easy to use?
Is the ANACS pop report any less real than other since lots of coins are broken out or crossed over? As an example of a coin that I am interested in they have extremely good information on their grading of 1936 DDO Ty1, 2, and 3 down to die pairs and have graded as many as anyone else.
https://portal.anacs.com/Account/PopReport.aspx

Link requires a login. Why would ANACS make their pop report for members only? If there is a way to access it without a login, please post.

Membership does not cost anything.
A free login does not make it not a real population report.
That simply takes one step that your browser can remember.
It is far more comprehensive than NGC for most items.
By that logic GC, Heritage, and Stacks don't have auction archives because you have to log in to see the prices.

May All have a safe and happy Holidays !

Added mintmark would be a more accurate description.

I don't think it's that much of a big deal in my opinion.
Ebay does have return policies to protect the buyer.
The seller doesn't have to disclose the history of the coin and really why should pcgs have the last word?
It might very well straight grade at ngc or anacs.
Buying coins like this has far more protection for far less Money than Buying cars or real estate.

@Coin Finder said:
This has been happening on Ebay since the beginning of Ebay... But thanks for the sharp eye. I don't buy raw coins on Ebay..

This has been happening at coin shows since the beginning of 3rd party grading.

@Rc5280 said:
"why did you label those who posted the bids, “greedy”?"

Nothing personal if you are a Grey CDN bidder.
I find it extremely difficult to believe that the exchange was that naive to know that this was a retail auction geared towards collectors, given their wildly conservative bid entries.
How about 'self serving', instead of greedy. Better?

I’m not a CDN bidder and didn’t take it personally. But posting bids on items with no track record and having them turn out to be way too low, doesn’t make someone greedy or self serving.

@ProofCollection said:

@coiner said:

@Rc5280 said:
"The value ($40k+) just isn't there."
But it most certainly is for those retail customers that wanted them. Middle men(for the most part) were promptly put in their place that day.
Seems to me that that, is what some folks were saying on 12/11 to @NJCoin . And that includes those greedy Grey Wholesale dealer bidders & eBay flipsters. It would've been a sight to see those 'experts' that were predicting the hammer at $10-15k for those Privies quickly sidelined during bidding, then trying to raise their open jaws off of the floor by days end lol.

If you think the end consumers actually bought the Gold Privey's - you are dreaming. I would estimate less than 10% went to end retail buyers.

Then where are they? What dealers have them listed for sale? I haven't seen any.

Agreed. Pretty sure the dealers that participated in the auction had buyers lined up, and did not take down 90% of the sale on spec at those prices. This is the fundamental disconnect for those who thought there was not enough money in the world to support 230 of anything modern being able to be sold at anything approaching the prices realized.

Turns out that it was a retail, not wholesale auction. Expertly conducted and marketed on a global basis. And that there is a lot more money in the world than some people think.

Whether it was dealers or individual consumers doing the actual bidding, the bidding represented full retail, not including whatever markup a dealer might charge for auction representation. All that's left now is a few would-be flippers taking their shot on eBay. I doubt they will get anything near what they seek, due to the proximity to the SB auction, the lower end venue (eBay), and the insane markup they seek on what is already a very fully valued super premium modern Mint product.

I still think these will settle much lower. I wouldnt be surprised to see these trading hands in one year at much lower levels (a loss to the original auction prices); probably in the 20's somewhere - which I still think is too high.