Best Of

My experience with the “Coin Facts” price guide is that it tends to be on the high side. I’ve found that if I bid those amounts, discounted for the buyers’ fee, that I often win the lot. I would not expect those amounts to be price realized on a constant basis.

Also you need to take into account that most bidders take the buyers’ fee into account when they formulate their bids. Those who don’t are “yahoos” in my opinion. Buyers’s fees are not paid with “Monopoly Money.”

More holder designs means more market confusion in an era when holders as well as coins are being counterfeited. How many collectors and dealers are really expert enough to tell the real from the fake?

One of the largest sellers on whatnot. Does all the vault box breaks and has his own series of breaks that these slabs are usually the “winners”

@Goldbully said:
Just checked the SB auction, there are only 5 bids out of 230 under $10k.

That will be changing very quickly. A 69 might be had for under $15k but even that's iffy.

Everybody knows Auctions can essentially have their risk / rewards and can be a wholesale blowout. Conversely rich collectors in a bid war may bid it up. YMMV. The other factor is current market conditions.

Your 1895 S Morgan - CDN Bid is $1560 / $1950 CPG (Mkt retail). It did well getting above bid. Many when bid there make a recruit list then bid 80-95 pct of bid in final seconds. I think u did well on that one. Possibly winner could be some dealer try sell for 2000 - 2250. It’s really tough find one on bourse.

With that kind of big ticket material I would want direct control - retail it on bourse from my table at a show, etc.

I really like GC and have picked up some really fantastic acquisitions.

@ambro51 said:
Julius Caesar

Any coin owned by a famous historical person would be cool to own but would need credible documentation.

I see plenty of solid sales in December auctions. And I believe that the results tend to depend much more upon the coin and the venue than on the month of the sale.

Below are some of the messages I received from the seller among my many interactions with him. I hope they will show what it can be like from the point of view of someone on the other side of threads like this one - a seller who wasn’t out to take advantage of clueless bidders.

“Our grandfather died and we’re now cleaning out his stuff/my decreased uncle’s house (they lived together). Everything’s a bit crazy right now, just know there isnt anyone trying to screw anyone over here”

“I meant nothing by offering the coin on sale, especially disclosing my lack of knowledge in the description. The reaction was quite surprising to be honest.”

“And you guys are super proud of yourselves in that forum. My grandfather died, now this. You guys arent the good guys you think you are,”

“Just took the sale down, really hoping i don’t have to incur the possible “cancellation fee”. For the record, of all the people that reached out- you were the only one who wasnt accusatory in a brutal way. Sounds like a lot of them didnt actually read my reviews to see what kind of salesman i am. Either way - you were by far the most approachable.”

“It cost me $63 to cancel that. Let your goonsquad know it cost me instead of making that money on something i listed with honesty.”

“They should not feel pride for the way this went down. Shame on you guys.”