I sometimes wonder when I put in a relatively high snipe bid through a site what would happen if someone set a crazy high bid, I guess if there is someone in the same boat thinking that no one else would bid that high, someone gets a surprise!
@coinpalice said:
there might be a return on this coin, if the buyer does any research on it
I hope they refuse that return. It's not fair to the consigners and the underbidders to let a guy walk after he has pushed up a bid like this.
If you let people walk with the excuse, "I bid too much," the auction industry will be a big trouble.
There is no way this coin will be returned; the auction is settling, as do 99.99% of our auctions - I suspect the highest of all auction houses, certain much higher than the nightmares I hear about from eBay sellers. The consignor is pleased.
With any sale, people can find negatives and people can find positives.
@coinpalice said:
there might be a return on this coin, if the buyer does any research on it
I hope they refuse that return. It's not fair to the consigners and the underbidders to let a guy walk after he has pushed up a bid like this.
If you let people walk with the excuse, "I bid too much," the auction industry will be a big trouble.
There is no way this coin will be returned; the auction is settling, as do 99.99% of our auctions - I suspect the highest of all auction houses, certain much higher than the nightmares I hear about from eBay sellers. The consignor is pleased.
With any sale, people can find negatives and people can find positives.
Ian
I have consigned several smallish lots (<$10k total) to Great Collections and been very happy with the results.
I too suspect the winner was somebody with substantial resources and in take-no-prisoners pursuit of the rattler & gold bean combination for this coin. The CAC pop shows 14 gold beans on 65s, and two on 66s. It may well be that this coin is the only one in a rattler, who knows? The winner may have been able to locate images of any number of the other gold-beaned 1913 Type Is and knows, or thinks, that this is the only one out there in a rattler. Given the final cost, I can't believe this was an instance of the winner being afflicted with "temporary auction insanity".
Comments
two bidiots.
BHNC #203
A fool and their money
Has the invoice been PAID?
I sometimes wonder when I put in a relatively high snipe bid through a site what would happen if someone set a crazy high bid, I guess if there is someone in the same boat thinking that no one else would bid that high, someone gets a surprise!
Ridiculous statement, I have never seen a bidder shill his auction to approximately $1,500 above retail.
There is no way this coin will be returned; the auction is settling, as do 99.99% of our auctions - I suspect the highest of all auction houses, certain much higher than the nightmares I hear about from eBay sellers. The consignor is pleased.
With any sale, people can find negatives and people can find positives.
Owner/Founder GreatCollections
GreatCollections Coin Auctions - Certified Coin Auctions Every Week - Rare Coins & Coin Values
I have consigned several smallish lots (<$10k total) to Great Collections and been very happy with the results.
tl;dr
"To Be Esteemed Be Useful" - 1792 Birch Cent --- "I personally think we developed language because of our deep need to complain." - Lily Tomlin
I too suspect the winner was somebody with substantial resources and in take-no-prisoners pursuit of the rattler & gold bean combination for this coin. The CAC pop shows 14 gold beans on 65s, and two on 66s. It may well be that this coin is the only one in a rattler, who knows? The winner may have been able to locate images of any number of the other gold-beaned 1913 Type Is and knows, or thinks, that this is the only one out there in a rattler. Given the final cost, I can't believe this was an instance of the winner being afflicted with "temporary auction insanity".
Coinlearner, Ahrensdad, Nolawyer, RG, coinlieutenant, Yorkshireman, lordmarcovan, Soldi, masscrew, JimTyler, Relaxn, jclovescoins
Now listen boy, I'm tryin' to teach you sumthin' . . . . that ain't no optical illusion, it only looks like an optical illusion.
My mind reader refuses to charge me....
I have one in rattler holder 65 with gold CAC. Anyone interested?
Seems like the 2nd-high bidder would likely be a candidate.
Coinlearner, Ahrensdad, Nolawyer, RG, coinlieutenant, Yorkshireman, lordmarcovan, Soldi, masscrew, JimTyler, Relaxn, jclovescoins
Now listen boy, I'm tryin' to teach you sumthin' . . . . that ain't no optical illusion, it only looks like an optical illusion.
My mind reader refuses to charge me....