I am not too shy to share my naïveté.
A little surprised how cynical some seem to feel.
As of yet the buyer hasn’t paid. The other listing was left over from before. I do, in fact, have another raw example.
I will honor the auction sale, and update the photos on the BIN. Which was started before the auction. I cannot change the photos because I sent an offer on the coin day or so ago and this morning
All photos locked
Both are of the same quality and appear to me to be from the same roll.
I sincerely appreciate the folks who spoke favorably of me, and know my honesty, genuine, and fair practices. Nothing fishy about me except for tuna sandwiches and Phó.
@291fifth said:
Who says it should bring between $50 and $200. It looks to me like just another obscure cherry-picker variety that buyers want only if they can cherry-pick it.
Because I sold the finest known example for an extraordinary sum a few years back. If I was not so lazy I would have sent the auction coin to pcgs already. And good luck finding a graded example anywhere for list price.
@Electricity said:
Perhaps buyer requested to cancel
Sure, he suddenly realized he didn't have the $6 to spend on the $200 coin.
I was trying to give the OP a way out, quite obvious what had happened.
Zoins smelled blood and went in for the kill
I'm not sure how you get to that interpretation. I made no judgement and simply asked a question. In my mind, there wasn't enough information to make a judgement.
As for obviousness of what happened, from the responses, what happened certainly didn't seem obvious to everyone. It certainly wasn't obvious to me as the pieces I buy are never offered as a BIN and an auction at the same time.
I'm glad the OP has responded and cleared it up now.
@Aspie_Rocco said:
This is a cherry pickers guide variety.
A dealer I know says that cherrypickers will sit at his table for an hour going through boxes of coins looking for varieties that they wouldn't buy if they were in his case, already identified and priced as such.
@Aspie_Rocco said:
This is a cherry pickers guide variety.
A dealer I know says that cherrypickers will sit at his table for an hour going through boxes of coins looking for varieties that they wouldn't buy if they were in his case, already identified and priced as such.
FWIW...
I am similar but have only gone to two shows ever. Although for my registry set I will buy attributed examples I need, if I cannot locate them in the wild. There are a few competitors who need an example in their sets, and more who need on ms65 or better.
@Electricity said:
I’m not sure if you have the seller saved or not, but you definitely pointed out that he had relisted the same coin for $195... pretty quickly
Looks like “calling someone out” to me
I did not write he relisted the coin. I just wrote there was a listing.
I also did not have the seller saved and do not follow him or her. I simply searched eBay for "1939 DDO jefferson" and it was the first listing that appeared. It's not hard to do.
You're quickly adding to your list of erroneous assumptions and accusations here. I'm curious why are you so quick to make these false claims?
@Electricity said:
I’m not sure if you have the seller saved or not, but you definitely pointed out that he had relisted the same coin for $195... pretty quickly
Looks like “calling someone out” to me
The statement is FALSE about my creating a new listing after the auction.
2/6 the BIN was listed.
2/8 the auction was listed.
@Electricity said:
I’m not sure if you have the seller saved or not, but you definitely pointed out that he had relisted the same coin for $195... pretty quickly
Looks like “calling someone out” to me
The statement is FALSE about my creating a new listing after the auction.
2/6 the BIN was listed.
2/8 the auction was listed.
If there was a claim that a new listing was created after the auction, it certainly wasn't from me.
@Electricity said:
Maybe ”Relisted” was the wrong word, what I should have said was “duplicate listing” for the same coin.
I didn't even mention a duplicate listing, or two listings, so that is also wrong. I was comparing an active listing to the photo in the OP which didn't have a link.
I mentioned an active listing had the same photo as the OP, and to my understanding, that is true. Do you believe otherwise?
Well it is exciting to see the thread so active. At least the purpose of entertainment and information awareness was served. Hopefully others can avoid the same mistakes I made, or laugh in irony with me.
Variety collectors are a rarity onto their own. I don't think that you find them on the bay, and RAW varieties are only worth a fraction of validated varieties, especially if they are officially a variety and not just an oddity.
Agree. This is why patterns are always BINs and never 99 cent auctions on eBay.
I wouldn't put widgets on eBay as 99 cent auctions either. Widgets have the opposite problem: supply greater than demand. If you list an MS-63 1881-S Morgan as a 99 cents auction on eBay, expect it to sell for $15 unless you have a huge eBay following.
Agree. This is why patterns are always BINs and never 99 cent auctions on eBay.
I wouldn't put widgets on eBay as 99 cent auctions either. Widgets have the opposite problem: supply greater than demand. If you list an MS-63 1881-S Morgan as a 99 cents auction on eBay, expect it to sell for $15 unless you have a huge eBay following.
$15 is probably what it should be selling for. Common. common. common.
Agree. This is why patterns are always BINs and never 99 cent auctions on eBay.
I wouldn't put widgets on eBay as 99 cent auctions either. Widgets have the opposite problem: supply greater than demand. If you list an MS-63 1881-S Morgan as a 99 cents auction on eBay, expect it to sell for $15 unless you have a huge eBay following.
$15 is probably what it should be selling for. Common. common. common.
Please sell me all your PCGS 63 Morgans - I'll even go to $18 each.
Yes, they are common. But legitimate wholesale price is well over $15 each.
Agree. This is why patterns are always BINs and never 99 cent auctions on eBay.
I wouldn't put widgets on eBay as 99 cent auctions either. Widgets have the opposite problem: supply greater than demand. If you list an MS-63 1881-S Morgan as a 99 cents auction on eBay, expect it to sell for $15 unless you have a huge eBay following.
$15 is probably what it should be selling for. Common. common. common.
Please sell me all your PCGS 63 Morgans - I'll even go to $18 each.
Yes, they are common. But legitimate wholesale price is well over $15 each.
The collecting public may be mesmerized by them but I am not. To me they are just common hunks of silver. I have none and want none.
Sorry for your less than favorable outcome, I feel for you. Anyone who sells on ebay has had an auction fall short of expectations. A while back I had a nice proof cent with a good strike-thru I started it at 1 cent.....got 1 bid for 1 cent. Recently I sold an item on a 10 day to get more exposure, I didn't stop to think when it would end. It ended during the Super Bowl......need I say more.
@mustangmanbob said:
There is the 180 degrees out to this discussion, both in the Z axis and Y axis
1) I listed something worth $20 for .99 start and it went to $700. Turns out I did not know what I had.
2) I listed something worth $20 for a Buy It Now of $25 and it sold in 10 minutes. What did I miss?
(Follow-up) I was actually a referberatory kerzeren moduliforitory deaswort. They are worth about $2300.
Either way you still ended up getting screwed on eBay and had to pay them an inflated cut to boot! EBay is a great venue... for stock holders.
@ifthevamzarockin said:
Sorry for your less than favorable outcome, I feel for you. Anyone who sells on ebay has had an auction fall short of expectations. A while back I had a nice proof cent with a good strike-thru I started it at 1 cent.....got 1 bid for 1 cent. Recently I sold an item on a 10 day to get more exposure, I didn't stop to think when it would end. It ended during the Super Bowl......need I say more.
You feel for him, whhhaaattt? How about feel for those dying from the Coronavirus. This is only about money and not much of that either. Come on, this thread is garbage.
Really, Alan? People are dying from a virus, so that means someone can’t/shouldn’t feel badly for a seller who has poor results in a sale?
I’ll let you in on a little secret - since this is a U.S. coin forum, a lot of threads are going to be “only about money” or largely about money.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
@ifthevamzarockin said:
Sorry for your less than favorable outcome, I feel for you. Anyone who sells on ebay has had an auction fall short of expectations. A while back I had a nice proof cent with a good strike-thru I started it at 1 cent.....got 1 bid for 1 cent. Recently I sold an item on a 10 day to get more exposure, I didn't stop to think when it would end. It ended during the Super Bowl......need I say more.
You feel for him, whhhaaattt? How about feel for those dying from the Coronavirus. This is only about money and not much of that either. Come on, this thread is garbage.
Somewhere someone is always dying of something. I feel very sorry for them and their families. That does not mean that the rest of the world, business wise or otherwise, stops.
Occasionally I’ll list a variety raw or slabbed with clear pics showing the variety but no mention of the variety. Then let the cherry pickers pick me.
@mustangmanbob said:
There is the 180 degrees out to this discussion, both in the Z axis and Y axis
1) I listed something worth $20 for .99 start and it went to $700. Turns out I did not know what I had.
2) I listed something worth $20 for a Buy It Now of $25 and it sold in 10 minutes. What did I miss?
(Follow-up) I was actually a referberatory kerzeren moduliforitory deaswort. They are worth about $2300.
Either way you still ended up getting screwed on eBay and had to pay them an inflated cut to boot! EBay is a great venue... for stock holders.
Most ridiculous comment of 2020. Open a B&M and add up the costs... which exist even if you don't sell anything. 10% overhead is lower than any other venue.
@mustangmanbob said:
There is the 180 degrees out to this discussion, both in the Z axis and Y axis
1) I listed something worth $20 for .99 start and it went to $700. Turns out I did not know what I had.
2) I listed something worth $20 for a Buy It Now of $25 and it sold in 10 minutes. What did I miss?
(Follow-up) I was actually a referberatory kerzeren moduliforitory deaswort. They are worth about $2300.
Either way you still ended up getting screwed on eBay and had to pay them an inflated cut to boot! EBay is a great venue... for stock holders.
Most ridiculous comment of 2020. Open a B&M and add up the costs... which exist even if you don't sell anything. 10% overhead is lower than any other venue.
Rocco, sorry your post got off the tracks so quickly. The post is a case study in human nature and how a series of "seemingly harmless" posts somehow make human beings assume the worst. I would think your reputation here would preclude such, but unfortunately, I am wrong.
With regard to your op and the whole eBay $.99 no-reserve auction topic, I have two pieces of advice (also learned the hard way):
1. Don't do it [again], and
2. Don't make it worse by offering free shipping!
I'm glad you were able to clear up the confusion. For the record, if you read the responses, it's pretty obvious who first introduced the "I smell fish" diversion.
Ignore the noise and keep after those last 11.
Take care.
If we were all the same, the world would be an incredibly boring place.
The take home message for me is that not every item does equally well in a given sale format. Some coins do great at $0.99. Some do better as a BIN, some do better in a national auction, some do well on consignment, some should be graded prior to sale, etc.
An esoteric CPG variety isn't prime material for a $0.99 auction, as the OP has discovered. To few eyes in too short of a time. It takes at least two interested parties for the seller to realize a true market price.
@mustangmanbob said:
There is the 180 degrees out to this discussion, both in the Z axis and Y axis
1) I listed something worth $20 for .99 start and it went to $700. Turns out I did not know what I had.
2) I listed something worth $20 for a Buy It Now of $25 and it sold in 10 minutes. What did I miss?
(Follow-up) I was actually a referberatory kerzeren moduliforitory deaswort. They are worth about $2300.
Either way you still ended up getting screwed on eBay and had to pay them an inflated cut to boot! EBay is a great venue... for stock holders.
The stock has been basically flat for the last three years. On the "bright" side, it does pay a whopping 1.7% dividend.
@ifthevamzarockin said:
Sorry for your less than favorable outcome, I feel for you. Anyone who sells on ebay has had an auction fall short of expectations. A while back I had a nice proof cent with a good strike-thru I started it at 1 cent.....got 1 bid for 1 cent. Recently I sold an item on a 10 day to get more exposure, I didn't stop to think when it would end. It ended during the Super Bowl......need I say more.
You feel for him, whhhaaattt? How about feel for those dying from the Coronavirus. This is only about money and not much of that either. Come on, this thread is garbage.
Somewhere someone is always dying of something. I feel very sorry for them and their families. That does not mean that the rest of the world, business wise or otherwise, stops.
But the Op wished that this auction/business had stopped. Unimportant thread. Lets discuss coins and not dumb things that are done and then responsibility for the action is not owned. That's my point. Nothing to cry over here.
Remember that the next time you feel the need to gripe about a transaction with TDN ten years after the fact and after he offered you a refund. If that isn't the pot calling the kettle black...
@ifthevamzarockin said:
Sorry for your less than favorable outcome, I feel for you. Anyone who sells on ebay has had an auction fall short of expectations. A while back I had a nice proof cent with a good strike-thru I started it at 1 cent.....got 1 bid for 1 cent. Recently I sold an item on a 10 day to get more exposure, I didn't stop to think when it would end. It ended during the Super Bowl......need I say more.
You feel for him, whhhaaattt? How about feel for those dying from the Coronavirus. This is only about money and not much of that either. Come on, this thread is garbage.
Somewhere someone is always dying of something. I feel very sorry for them and their families. That does not mean that the rest of the world, business wise or otherwise, stops.
But the Op wished that this auction/business had stopped. Unimportant thread. Lets discuss coins and not dumb things that are done and then responsibility for the action is not owned. That's my point. Nothing to cry over here.
A lot of members here sell on eBay (or other auction sites). This thread is quite relevant to them. On any given day, there are any number of threads that are "unimportant". My suggestion is to simply ignore them. Or better yet, start a thread you feel is "important".
If an item is not getting much interest, I will close it a few days out.
Been there and done on a nickel variety, but have scored my share of Morgan VAM's as well.
Hit a Brett Baty Gold auto in a Bowman Draft case Break. Could not sell it for $400 raw. A quick trip to the graders and back and it went for $1K in about 10 minutes.
BST: KindaNewish (3/21/21), WQuarterFreddie (3/30/21), Meltdown (4/6/21), DBSTrader2 (5/5/21) AKA- unclemonkey on Blow Out
2/6 the BIN was listed.
2/8 the auction was listed.
understanding the results, perhaps it's time for some sellers to entertain using a reserve for their own protection. I know most members loathe reserve auctions, but when I actively sold I used them and they protected/served me well.
You feel for him, whhhaaattt? How about feel for those dying from the Coronavirus. This is only about money and not much of that either. Come on, this thread is garbage.
Yep. I feel for him. I feel for you for a different set of reasons.
A little understanding for a fellow board member is not a bad thing.
This is a coin forum.
The Coronavirus thread is over on WebMD.
Agree. This is why patterns are always BINs and never 99 cent auctions on eBay.
I wouldn't put widgets on eBay as 99 cent auctions either. Widgets have the opposite problem: supply greater than demand. If you list an MS-63 1881-S Morgan as a 99 cents auction on eBay, expect it to sell for $15 unless you have a huge eBay following.
$15 is probably what it should be selling for. Common. common. common.
Please sell me all your PCGS 63 Morgans - I'll even go to $18 each.
Yes, they are common. But legitimate wholesale price is well over $15 each.
The collecting public may be mesmerized by them but I am not. To me they are just common hunks of silver. I have none and want none.
That's pretty arrogant. You think the market price should be based on your preference?
@keets said: 2/6 the BIN was listed.
2/8 the auction was listed.
understanding the results, perhaps it's time for some sellers to entertain using a reserve for their own protection. I know most members loathe reserve auctions, but when I actively sold I used them and they protected/served me well.
There's no need to use (and pay for) a reserve. Just start it at the minimum acceptable price.
@ifthevamzarockin said:
Sorry for your less than favorable outcome, I feel for you. Anyone who sells on ebay has had an auction fall short of expectations. A while back I had a nice proof cent with a good strike-thru I started it at 1 cent.....got 1 bid for 1 cent. Recently I sold an item on a 10 day to get more exposure, I didn't stop to think when it would end. It ended during the Super Bowl......need I say more.
You feel for him, whhhaaattt? How about feel for those dying from the Coronavirus. This is only about money and not much of that either. Come on, this thread is garbage.
Somewhere someone is always dying of something. I feel very sorry for them and their families. That does not mean that the rest of the world, business wise or otherwise, stops.
But the Op wished that this auction/business had stopped. Unimportant thread. Lets discuss coins and not dumb things that are done and then responsibility for the action is not owned. That's my point. Nothing to cry over here.
YOU WANT TO TALK ABOUT COINS WHEN PEOPLE ARE DYING!!!!!! WHAT IS WRONG WITH YOU!?!?!?
@mustangmanbob said:
There is the 180 degrees out to this discussion, both in the Z axis and Y axis
1) I listed something worth $20 for .99 start and it went to $700. Turns out I did not know what I had.
2) I listed something worth $20 for a Buy It Now of $25 and it sold in 10 minutes. What did I miss?
(Follow-up) I was actually a referberatory kerzeren moduliforitory deaswort. They are worth about $2300.
Either way you still ended up getting screwed on eBay and had to pay them an inflated cut to boot! EBay is a great venue... for stock holders.
Most ridiculous comment of 2020. Open a B&M and add up the costs... which exist even if you don't sell anything. 10% overhead is lower than any other venue.
Keep reading a few posts down...
Fair enough. You have been superseded in record time. LOL
Agree. This is why patterns are always BINs and never 99 cent auctions on eBay.
I wouldn't put widgets on eBay as 99 cent auctions either. Widgets have the opposite problem: supply greater than demand. If you list an MS-63 1881-S Morgan as a 99 cents auction on eBay, expect it to sell for $15 unless you have a huge eBay following.
$15 is probably what it should be selling for. Common. common. common.
Please sell me all your PCGS 63 Morgans - I'll even go to $18 each.
Yes, they are common. But legitimate wholesale price is well over $15 each.
The collecting public may be mesmerized by them but I am not. To me they are just common hunks of silver. I have none and want none.
That's pretty arrogant. You think the market price should be based on your preference?
I happen to think that many, many collectibles, not just coins are stupidly overpriced in today's market. Is it arrogance or is it just being smart? Perhaps I will be proven wrong when all of those new, young, wealthy collectors run up the market. They are out there, aren't they?
Agree. This is why patterns are always BINs and never 99 cent auctions on eBay.
I wouldn't put widgets on eBay as 99 cent auctions either. Widgets have the opposite problem: supply greater than demand. If you list an MS-63 1881-S Morgan as a 99 cents auction on eBay, expect it to sell for $15 unless you have a huge eBay following.
$15 is probably what it should be selling for. Common. common. common.
Please sell me all your PCGS 63 Morgans - I'll even go to $18 each.
Yes, they are common. But legitimate wholesale price is well over $15 each.
The collecting public may be mesmerized by them but I am not. To me they are just common hunks of silver. I have none and want none.
That's pretty arrogant. You think the market price should be based on your preference?
I happen to think that many, many collectibles, not just coins are stupidly overpriced in today's market. Is it arrogance or is it just being smart? Perhaps I will be proven wrong when all of those new, young, wealthy collectors run up the market. They are out there, aren't they?
Varieties have always been a niche, and Jeff's even more in the weeds, but I would argue the CPG's are probably the most iconic numismatic books outside of the RedBook.
I was listening to a coinweek podcast a few nights ago. They mentioned that they had 250,000 unique visits to their YouTube Channel in a month.... most were aged 25-40
So yes the collector base is growing and evolving.
BST: KindaNewish (3/21/21), WQuarterFreddie (3/30/21), Meltdown (4/6/21), DBSTrader2 (5/5/21) AKA- unclemonkey on Blow Out
Comments
I am not too shy to share my naïveté.
A little surprised how cynical some seem to feel.
As of yet the buyer hasn’t paid. The other listing was left over from before. I do, in fact, have another raw example.
I will honor the auction sale, and update the photos on the BIN. Which was started before the auction. I cannot change the photos because I sent an offer on the coin day or so ago and this morning
All photos locked
Both are of the same quality and appear to me to be from the same roll.
I sincerely appreciate the folks who spoke favorably of me, and know my honesty, genuine, and fair practices. Nothing fishy about me except for tuna sandwiches and Phó.
Because I sold the finest known example for an extraordinary sum a few years back. If I was not so lazy I would have sent the auction coin to pcgs already. And good luck finding a graded example anywhere for list price.
This is a cherry pickers guide variety.
https://www.autismforums.com/media/albums/acrylic-colors-by-rocco.291/
I'm not sure how you get to that interpretation. I made no judgement and simply asked a question. In my mind, there wasn't enough information to make a judgement.
As for obviousness of what happened, from the responses, what happened certainly didn't seem obvious to everyone. It certainly wasn't obvious to me as the pieces I buy are never offered as a BIN and an auction at the same time.
I'm glad the OP has responded and cleared it up now.
A dealer I know says that cherrypickers will sit at his table for an hour going through boxes of coins looking for varieties that they wouldn't buy if they were in his case, already identified and priced as such.
FWIW...
I am similar but have only gone to two shows ever. Although for my registry set I will buy attributed examples I need, if I cannot locate them in the wild. There are a few competitors who need an example in their sets, and more who need on ms65 or better.
https://www.autismforums.com/media/albums/acrylic-colors-by-rocco.291/
I’m not sure if you have the seller saved or not, but you definitely pointed out that he had relisted the same coin for $195... pretty quickly
Looks like “calling someone out” to me
I did not write he relisted the coin. I just wrote there was a listing.
I also did not have the seller saved and do not follow him or her. I simply searched eBay for "1939 DDO jefferson" and it was the first listing that appeared. It's not hard to do.
You're quickly adding to your list of erroneous assumptions and accusations here. I'm curious why are you so quick to make these false claims?
The statement is FALSE about my creating a new listing after the auction.
2/6 the BIN was listed.
2/8 the auction was listed.
https://www.autismforums.com/media/albums/acrylic-colors-by-rocco.291/
If there was a claim that a new listing was created after the auction, it certainly wasn't from me.
Maybe ”Relisted” was the wrong word, what I should have said was “duplicate listing” for the same coin.
I didn't even mention a duplicate listing, or two listings, so that is also wrong. I was comparing an active listing to the photo in the OP which didn't have a link.
I mentioned an active listing had the same photo as the OP, and to my understanding, that is true. Do you believe otherwise?
Let’s let it go, OP has clarified himself enough and I respect you as a solid forum member.
Well it is exciting to see the thread so active. At least the purpose of entertainment and information awareness was served. Hopefully others can avoid the same mistakes I made, or laugh in irony with me.
Best wishes and happy collecting folks.
Rocco
https://www.autismforums.com/media/albums/acrylic-colors-by-rocco.291/
Variety collectors are a rarity onto their own. I don't think that you find them on the bay, and RAW varieties are only worth a fraction of validated varieties, especially if they are officially a variety and not just an oddity.
OINK
Beware of thin markets.
Agree. This is why patterns are always BINs and never 99 cent auctions on eBay.
I wouldn't put widgets on eBay as 99 cent auctions either. Widgets have the opposite problem: supply greater than demand. If you list an MS-63 1881-S Morgan as a 99 cents auction on eBay, expect it to sell for $15 unless you have a huge eBay following.
$15 is probably what it should be selling for. Common. common. common.
Please sell me all your PCGS 63 Morgans - I'll even go to $18 each.
Yes, they are common. But legitimate wholesale price is well over $15 each.
The collecting public may be mesmerized by them but I am not. To me they are just common hunks of silver. I have none and want none.
Or, the exact opposite
Only if you really, really know the players and know when to get out.
There can never be enough b*&#$ing about eBay.
Some times the only thing rarer than rare varieties is a variety collector willing to pay a large premium rather than cherry pick from the wild.
I know many of them and I believe it is a time to get All In.
Sorry for your less than favorable outcome, I feel for you. Anyone who sells on ebay has had an auction fall short of expectations. A while back I had a nice proof cent with a good strike-thru I started it at 1 cent.....got 1 bid for 1 cent. Recently I sold an item on a 10 day to get more exposure, I didn't stop to think when it would end. It ended during the Super Bowl......need I say more.
Either way you still ended up getting screwed on eBay and had to pay them an inflated cut to boot! EBay is a great venue... for stock holders.
Really, Alan? People are dying from a virus, so that means someone can’t/shouldn’t feel badly for a seller who has poor results in a sale?
I’ll let you in on a little secret - since this is a U.S. coin forum, a lot of threads are going to be “only about money” or largely about money.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Somewhere someone is always dying of something. I feel very sorry for them and their families. That does not mean that the rest of the world, business wise or otherwise, stops.
Occasionally I’ll list a variety raw or slabbed with clear pics showing the variety but no mention of the variety. Then let the cherry pickers pick me.
Most ridiculous comment of 2020. Open a B&M and add up the costs... which exist even if you don't sell anything. 10% overhead is lower than any other venue.
Keep reading a few posts down...
Rocco, sorry your post got off the tracks so quickly. The post is a case study in human nature and how a series of "seemingly harmless" posts somehow make human beings assume the worst. I would think your reputation here would preclude such, but unfortunately, I am wrong.
With regard to your op and the whole eBay $.99 no-reserve auction topic, I have two pieces of advice (also learned the hard way):
1. Don't do it [again], and
2. Don't make it worse by offering free shipping!
I'm glad you were able to clear up the confusion. For the record, if you read the responses, it's pretty obvious who first introduced the "I smell fish" diversion.
Ignore the noise and keep after those last 11.
Take care.
If we were all the same, the world would be an incredibly boring place.
Tommy
The take home message for me is that not every item does equally well in a given sale format. Some coins do great at $0.99. Some do better as a BIN, some do better in a national auction, some do well on consignment, some should be graded prior to sale, etc.
An esoteric CPG variety isn't prime material for a $0.99 auction, as the OP has discovered. To few eyes in too short of a time. It takes at least two interested parties for the seller to realize a true market price.
The stock has been basically flat for the last three years. On the "bright" side, it does pay a whopping 1.7% dividend.
Remember that the next time you feel the need to gripe about a transaction with TDN ten years after the fact and after he offered you a refund. If that isn't the pot calling the kettle black...
A lot of members here sell on eBay (or other auction sites). This thread is quite relevant to them. On any given day, there are any number of threads that are "unimportant". My suggestion is to simply ignore them. Or better yet, start a thread you feel is "important".
If an item is not getting much interest, I will close it a few days out.
Been there and done on a nickel variety, but have scored my share of Morgan VAM's as well.
Hit a Brett Baty Gold auto in a Bowman Draft case Break. Could not sell it for $400 raw. A quick trip to the graders and back and it went for $1K in about 10 minutes.
BST: KindaNewish (3/21/21), WQuarterFreddie (3/30/21), Meltdown (4/6/21), DBSTrader2 (5/5/21) AKA- unclemonkey on Blow Out
2/6 the BIN was listed.
2/8 the auction was listed.
understanding the results, perhaps it's time for some sellers to entertain using a reserve for their own protection. I know most members loathe reserve auctions, but when I actively sold I used them and they protected/served me well.
Yep. I feel for him. I feel for you for a different set of reasons.
A little understanding for a fellow board member is not a bad thing.
This is a coin forum.
The Coronavirus thread is over on WebMD.
Have a nice day!
That's pretty arrogant. You think the market price should be based on your preference?
There's no need to use (and pay for) a reserve. Just start it at the minimum acceptable price.
YOU WANT TO TALK ABOUT COINS WHEN PEOPLE ARE DYING!!!!!! WHAT IS WRONG WITH YOU!?!?!?
{End sarcasm. Point made.}
Fair enough. You have been superseded in record time. LOL
I happen to think that many, many collectibles, not just coins are stupidly overpriced in today's market. Is it arrogance or is it just being smart? Perhaps I will be proven wrong when all of those new, young, wealthy collectors run up the market. They are out there, aren't they?
For any coin you can think of, there's somebody who thinks it's overpriced. Is it arrogance or is it just being smart?
Varieties have always been a niche, and Jeff's even more in the weeds, but I would argue the CPG's are probably the most iconic numismatic books outside of the RedBook.
I was listening to a coinweek podcast a few nights ago. They mentioned that they had 250,000 unique visits to their YouTube Channel in a month.... most were aged 25-40
So yes the collector base is growing and evolving.
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