@MasonG said:
Two types of posts in these threads...
"No matter how high I bid, I never win."
"I'll never make my money back when I go to sell."
No. 1 would indicate that stuff is selling for crazy money, No. 2 makes it look like stuff goes cheap. Seems like they can't both be true...
Well, #2 could be a statement about the future market rather than the present.
Prices are generally solid. I don't think most things were cheap or expensive. They were in line with the current market. Whether anyone wants to pay that price is another matter.
I won 3 last nifgt at GC
Got blown away on 3 in S&B today
I have 5 tomorrow at S&B, I'm out of 3 of them already and the other 2 I'm going to have to bid way over current price levels to get them
Hey Mason, Some more DEBT
HA HA HA
@alaura22 said:
I won 3 last nifgt at GC
Got blown away on 3 in S&B today
I have 5 tomorrow at S&B, I'm out of 3 of them already and the other 2 I'm going to have to bid way over current price levels to get them
Hey Mason, Some more DEBT
HA HA HA
@alaura22 said:
I won 3 last nifgt at GC
Got blown away on 3 in S&B today
I have 5 tomorrow at S&B, I'm out of 3 of them already and the other 2 I'm going to have to bid way over current price levels to get them
Hey Mason, Some more DEBT
HA HA HA
@coinbuf said:
One today still upcoming, but I am now the underbidder and I just do not think I want to bid any higher.
Please don't. I'm sure we are after the same lot and I'm already at my max bid.
Lol I very much doubt that it is the same lot, I do not chase old holders anymore due to the crazy runup in prices.
It was a Gold CAC Buff but I showed some restraint for a change and let it fly away.
Tim
I was watching/bidding on a proof Liberty nickel, but for what it ended at I wonder if a couple of bidders think they can upgrade it from the CAM holder to a DCAM holder. Wow!
I am chasing a few things, interestingly enough last night while watching the live auction on Buffalos for some time I saw no live bids, every lot stayed where it was at.
@Dscoin said:
I am chasing a few things, interestingly enough last night while watching the live auction on Buffalos for some time I saw no live bids, every lot stayed where it was at.
I purchased a number of cac Buffalos. I put in very high pre-sale bids and did not watch auction. The guides are meaningless for scarce Gem Buffalos with cac.
@Dscoin said:
I am chasing a few things, interestingly enough last night while watching the live auction on Buffalos for some time I saw no live bids, every lot stayed where it was at.
Both my winning bids - along with my 7 losing bids - were entered hours ahead of time. I wasn't even watching the live auction.
@Catbert said:
I’m after one coin in todays auction. I’ve made my max bid and will stick with it. It’s not a must own coin. I don’t expect to win.
That's the way I do it. I'm not going to sit there with my itchy finger on the "bid again" button. Too easy to get caught up in it. Unless it is once in 25 years coin/medal, it's just not worth it to me.
@DCW said:
A lot of serious collectors here on the forums. If none of us are winning anything, it really begs the question:
Who is buying all this stuff at such inflated prices?
But there's really only a couple hundred active members here. There are thousands of serious collectors that are never on this forum.
Very true.
After submitting a few coins for the on site grading at the Baltimore show, struck a conversation with few other visitors who were around. They were all die hard PCGS fans and they don't even have a presence on this forum.
One of them was an elderly gentleman (whom I assumed was a member here) telling me in detail about his collection with a few gold coins in the million dollar range, and he was like "I am not on any forums".
🥺
Guess many are silently watching from the sidelines, staying in the woodwork.
@jmlanzaf said:
Both my winning bids - along with my 7 losing bids - were entered hours ahead of time. I wasn't even watching the live auction.
Is there a buyer premium on top of this price?
If not it looks like you got over 2/3oz of Actual Gold Weight for a bit over $1000 - way under spot!
Killer deal, and the medal itself is very beautiful...
That is with the buyer's premium added in. I had actually entered a bid at melt, but no one bid me up. Only thing is: it's too pretty to melt. LOL.
I think it is because it is rather "late" in the game for agricultural/fair medals. A 19th century gold medal would have sold for many multiples of the gold value.
Edited for side note: This is the thing about auctions. You just never know. This is why it is never good to give blanket advice on dispersal of coins. The consignor of this coin got hosed. Auctions are not always the best place to sell...or buy. Some people are always like "send it to GC" or "sell it on the BST" . Sometimes, sale to a dealer or specialist dealer is a much better option.
@jmlanzaf said:
Both my winning bids - along with my 7 losing bids - were entered hours ahead of time. I wasn't even watching the live auction.
Is there a buyer premium on top of this price?
If not it looks like you got over 2/3oz of Actual Gold Weight for a bit over $1000 - way under spot!
Killer deal, and the medal itself is very beautiful...
That is with the buyer's premium added in. I had actually entered a bid at melt, but no one bid me up. Only thing is: it's too pretty to melt. LOL.
I think it is because it is rather "late" in the game for agricultural/fair medals. A 19th century gold medal would have sold for many multiples of the gold value.
Edited for side note: This is the thing about auctions. You just never know. This is why it is never good to give blanket advice on dispersal of coins. The consignor of this coin got hosed. Auctions are not always the best place to sell...or buy. Some people are always like "send it to GC" or "sell it on the BST" . Sometimes, sale to a dealer or specialist dealer is a much better option.
You can have a reserve at Stack's.
It's also why it's better to have it in with a lot of other similar material. I didn't see many agricultural medals this time around.
Had my eye on some seated halves, placed a bid on one. Got blown out of the water on that one and the other prices are very strong too, with or without CAC stickers. If a coin looks nice, it's attempting to get to the moon.
I was able to pick one item up. Price was where I thought it would be.
Looking at a number of old Gold pieces a little later today. I am sure I will miss out on all of them. Old Gold with CAC is a little on the high side right now. I can wait.
I was interested in lot 2194 (AU58 CAC) since it appeared to have an unusual appearance. However, I had not seen it in hand and thus was a little hesitant. It went way out of bounds for me - $3840 (excluding juice). CAC price guide $2000. PCGS $2000.
@Pnies20 said:
“Sold for $1000 to internet bidder” (me)
Look at my bids page says I lost and it sold for $1200????????
$1200 is $1000 + the buyer's premium (20%)
There might have been a prior bid at $1000
On a previous lot, he recognized my bid and said the book was still the winner. He told me the internet bidder won this one.
There are multiple internet bidders, of course... unless you were the high bidder at $1000 before the live auction started
I called. She didn’t mention multiple bidders but instead told me “someone” bid $950 and then “someone” bid $1,000. I explained I’m 100% certain I bid $1,000 and she couldn’t figure it out so they’ve gotta call me back.
Don't feel bad
I'm 1 for 8 so far for today
1 to go and it's not looking good
I just can't seem to step up and pay 3X book
Is the book that far off?
I don’t know what you mean by “the book”, but there’s no single source/guide that should be relied upon, to the exclusion of others.
Mark,
I should had said, the value based on all the info available out there. My Book after all I've looked at
When a coin goes for 3 times whatever price you found for the coin based on all the research.
Don't feel bad
I'm 1 for 8 so far for today
1 to go and it's not looking good
I just can't seem to step up and pay 3X book
Is the book that far off?
I don’t know what you mean by “the book”, but there’s no single source/guide that should be relied upon, to the exclusion of others.
Mark,
I should had said, the value based on all the info available out there. My Book after all I've looked at
When a coin goes for 3 times whatever price you found for the coin based on all the research.
Don't feel bad
I'm 1 for 8 so far for today
1 to go and it's not looking good
I just can't seem to step up and pay 3X book
Is the book that far off?
I don’t know what you mean by “the book”, but there’s no single source/guide that should be relied upon, to the exclusion of others.
Mark,
I should had said, the value based on all the info available out there. My Book after all I've looked at
When a coin goes for 3 times whatever price you found for the coin based on all the research.
Thanks for the clarification.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
@DCW said:
A lot of serious collectors here on the forums. If none of us are winning anything, it really begs the question:
Who is buying all this stuff at such inflated prices?
I was at a business one day, buying tickets for an event they were going to be hosting a few days later. An acquaintance of mine from many years ago was behind the desk bidding on lots on a Heritage live auction. I recognized the website instantly. I couldn't see exact details but he was bidding on some reasonably expensive early US gold.
I had no idea he was a collector.
I had no idea he had sufficient means to be pursuing items like that.
I kept quiet, and let him do his thing. He was pretty intensely monitoring and bidding and I don't think there was much to be gained from bringing it up at that particular moment. Since then, I've learned that he came in to some significant money several years back. Kudos to him. He's a great guy.
Yes, there are a number of serious collectors (how is that defined, exactly?) here on the forums. Perhaps 1% of all "serious collectors" participate here. There are a huge number of 5-figure coins that sell pretty routinely and I don't see many of them showing up here.
I would be intensely curious to see the buyer profile data that Heritage, Stacks, or Legend has assembled. There's absolutely no reason for them to ever share it, but it would be extraordinarily informative.
I feel your pain.
1 winner for me out of 8
Funny, I won a coin that had a $850 PCGS value on it when I did my research on it a few days ago. When I just looked the PCGS value when up to $1100. Price must have gone up today or the last couple days. When I click on the price history it was $850 as of 4/1.
For those of you that would like to check this out, the coin is a 1853 Arrows & Rays half dollar in PCGS AU55
Let me know what you come up with, I'm curious
@DCW said:
A lot of serious collectors here on the forums. If none of us are winning anything, it really begs the question:
Who is buying all this stuff at such inflated prices?
I was at a business one day, buying tickets for an event they were going to be hosting a few days later. An acquaintance of mine from many years ago was behind the desk bidding on lots on a Heritage live auction. I recognized the website instantly. I couldn't see exact details but he was bidding on some reasonably expensive early US gold.
I had no idea he was a collector.
I had no idea he had sufficient means to be pursuing items like that.
I kept quiet, and let him do his thing. He was pretty intensely monitoring and bidding and I don't think there was much to be gained from bringing it up at that particular moment. Since then, I've learned that he came in to some significant money several years back. Kudos to him. He's a great guy.
Yes, there are a number of serious collectors (how is that defined, exactly?) here on the forums. Perhaps 1% of all "serious collectors" participate here. There are a huge number of 5-figure coins that sell pretty routinely and I don't see many of them showing up here.
I would be intensely curious to see the buyer profile data that Heritage, Stacks, or Legend has assembled. There's absolutely no reason for them to ever share it, but it would be extraordinarily informative.
+1
We are just a tiny percent of an already small percentage.
MOST of the heavy hitters DO NOT participate here.
And likely only about 10% of US are high rollers.
“I may not believe in myself but I believe in what I’m doing” ~Jimmy Page~
@DCW said:
A lot of serious collectors here on the forums. If none of us are winning anything, it really begs the question:
Who is buying all this stuff at such inflated prices?
I was at a business one day, buying tickets for an event they were going to be hosting a few days later. An acquaintance of mine from many years ago was behind the desk bidding on lots on a Heritage live auction. I recognized the website instantly. I couldn't see exact details but he was bidding on some reasonably expensive early US gold.
I had no idea he was a collector.
I had no idea he had sufficient means to be pursuing items like that.
I kept quiet, and let him do his thing. He was pretty intensely monitoring and bidding and I don't think there was much to be gained from bringing it up at that particular moment. Since then, I've learned that he came in to some significant money several years back. Kudos to him. He's a great guy.
Yes, there are a number of serious collectors (how is that defined, exactly?) here on the forums. Perhaps 1% of all "serious collectors" participate here. There are a huge number of 5-figure coins that sell pretty routinely and I don't see many of them showing up here.
I would be intensely curious to see the buyer profile data that Heritage, Stacks, or Legend has assembled. There's absolutely no reason for them to ever share it, but it would be extraordinarily informative.
+1
We are just a tiny percent of an already small percentage.
MOST of the heavy hitters DO NOT participate here.
Comments
Well, #2 could be a statement about the future market rather than the present.
Prices are generally solid. I don't think most things were cheap or expensive. They were in line with the current market. Whether anyone wants to pay that price is another matter.
Maybe buy some W quartets before they go up.
I don't know. But no Morgans. They're a scam, I'm told.
It was a Gold CAC Buff but I showed some restraint for a change and let it fly away.
Tim
I won 3 last nifgt at GC
Got blown away on 3 in S&B today
I have 5 tomorrow at S&B, I'm out of 3 of them already and the other 2 I'm going to have to bid way over current price levels to get them
Hey Mason, Some more DEBT
HA HA HA
Mike
My Indians
Danco Set
HEY
Stay away from MINE..........
Mike
My Indians
Danco Set
You can pay by e-check:)
YES, I know
I'm just fooling with Mason
Mike
My Indians
Danco Set
I’ve had no luck
I was watching/bidding on a proof Liberty nickel, but for what it ended at I wonder if a couple of bidders think they can upgrade it from the CAM holder to a DCAM holder. Wow!
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
I really wanted 2 things and followed 2 more with active interest. All went for strong prices.
I'm a bit "lucky" in that none of then were in my primary focus areas as I'm still digesting items from the DeWitt sale.
Also, with the current pricing levels, I'm adjusting to a "less is more" philosophy.
I am chasing a few things, interestingly enough last night while watching the live auction on Buffalos for some time I saw no live bids, every lot stayed where it was at.
Successful transactions with: Lakesammman, jimineez1, Flackthat, PerryHall, bidask, bccox, TwistedArrow1962, free_spirit, alexerca, scooter25, FHC, tnspro, mcarney1173, moursund, and SurfinxHI (6 times)
I’m after one coin in todays auction. I’ve made my max bid and will stick with it. It’s not a must own coin. I don’t expect to win.
I purchased a number of cac Buffalos. I put in very high pre-sale bids and did not watch auction. The guides are meaningless for scarce Gem Buffalos with cac.
If your not bidding, your not in the game
. Lets see how my luck goes today
Positive BST as a seller: Namvet69, Lordmarcovan, Bigjpst, Soldi, mustanggt, CoinHoader, moursund, SufinxHi, al410, JWP
Both my winning bids - along with my 7 losing bids - were entered hours ahead of time. I wasn't even watching the live auction.
That's the way I do it. I'm not going to sit there with my itchy finger on the "bid again" button. Too easy to get caught up in it. Unless it is once in 25 years coin/medal, it's just not worth it to me.
Very true.
After submitting a few coins for the on site grading at the Baltimore show, struck a conversation with few other visitors who were around. They were all die hard PCGS fans and they don't even have a presence on this forum.
One of them was an elderly gentleman (whom I assumed was a member here) telling me in detail about his collection with a few gold coins in the million dollar range, and he was like "I am not on any forums".
🥺
Guess many are silently watching from the sidelines, staying in the woodwork.
https://www.pcgs.com/setregistry/u-s-coins/quarters/PCGS-2020-quarter-quest/album/247091
Is there a buyer premium on top of this price?
If not it looks like you got over 2/3oz of Actual Gold Weight for a bit over $1000 - way under spot!
Killer deal, and the medal itself is very beautiful...
It's all about what the people want...
That is with the buyer's premium added in. I had actually entered a bid at melt, but no one bid me up. Only thing is: it's too pretty to melt. LOL.
I think it is because it is rather "late" in the game for agricultural/fair medals. A 19th century gold medal would have sold for many multiples of the gold value.
Edited for side note: This is the thing about auctions. You just never know. This is why it is never good to give blanket advice on dispersal of coins. The consignor of this coin got hosed. Auctions are not always the best place to sell...or buy. Some people are always like "send it to GC" or "sell it on the BST" . Sometimes, sale to a dealer or specialist dealer is a much better option.
You can have a reserve at Stack's.
It's also why it's better to have it in with a lot of other similar material. I didn't see many agricultural medals this time around.
Congrats on an amazing deal!
I was interested in this coin till I enlarged the picture of the trueview. Just reenforces my opinion about that magical football!
Here's a quick link to the enlarged trueview.
https://us.v-cdn.net/6027503/uploads/editor/5t/zydjxre0px0k.jpg
I don't know about you, I would never want a 58 with scratches like are on the obv.!
I was going after this one: I could not justify hitting bid again and let it go.... PCGS has it at $450 and it went for almost $700
Positive BST as a seller: Namvet69, Lordmarcovan, Bigjpst, Soldi, mustanggt, CoinHoader, moursund, SufinxHi, al410, JWP
Had my eye on some seated halves, placed a bid on one. Got blown out of the water on that one and the other prices are very strong too, with or without CAC stickers. If a coin looks nice, it's attempting to get to the moon.
10-4,
My Instagram picturesErik
My registry sets
0 for 7 so far. Yikes.
Professional Numismatist. "It's like God, Family, Country, except Sticker, Plastic, Coin."
“Sold for $1000 to internet bidder” (me)
Look at my bids page says I lost and it sold for $1200????????
BHNC #248 … 108 and counting.
$1200 is $1000 + the buyer's premium (20%)
There might have been a prior bid at $1000
On a previous lot, he recognized my bid and said the book was still the winner. He told me the internet bidder won this one.
BHNC #248 … 108 and counting.
Don't feel bad
I'm 1 for 8 so far for today
1 to go and it's not looking good
I just can't seem to step up and pay 3X book
Is the book that far off?
Mike
My Indians
Danco Set
I was able to pick one item up. Price was where I thought it would be.
Looking at a number of old Gold pieces a little later today. I am sure I will miss out on all of them. Old Gold with CAC is a little on the high side right now. I can wait.
There are multiple internet bidders, of course... unless you were the high bidder at $1000 before the live auction started
Depends on the book... and the coin.
I was interested in lot 2194 (AU58 CAC) since it appeared to have an unusual appearance. However, I had not seen it in hand and thus was a little hesitant. It went way out of bounds for me - $3840 (excluding juice). CAC price guide $2000. PCGS $2000.
https://auctions.stacksbowers.com/lots/view/3-VKS1D/1864-s-liberty-seated-half-dollar-wb-1-rarity-2-type-i-reverse-large-s-au-58-pcgs-cac
@alaura22 said:
I don’t know what you mean by “the book”, but there’s no single source/guide that should be relied upon, to the exclusion of others.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
I called. She didn’t mention multiple bidders but instead told me “someone” bid $950 and then “someone” bid $1,000. I explained I’m 100% certain I bid $1,000 and she couldn’t figure it out so they’ve gotta call me back.
BHNC #248 … 108 and counting.
Mark,
I should had said, the value based on all the info available out there. My Book after all I've looked at
When a coin goes for 3 times whatever price you found for the coin based on all the research.
Mike
My Indians
Danco Set
Would you share the coin?
Thanks for the clarification.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Sure, Here:
https://auctions.stacksbowers.com/lots/view/3-VKR98/1837-capped-bust-half-dollar-reeded-edge-50-cents-gr-18-rarity-1-au-55-pcgs-cac
Mike
My Indians
Danco Set
The trueview and that little green sticker hold the answers to your questions.
BHNC #248 … 108 and counting.
Yikes. 3X indeed.
Yeah, I had planned on that. But not 3x
I was the underbidder on it at $1600 so I was willing to "DIG" a bit.
Mike
My Indians
Danco Set
Toners carry a huge premium these days. I'm not surprised. I hope it looks that pretty in hand.
I was at a business one day, buying tickets for an event they were going to be hosting a few days later. An acquaintance of mine from many years ago was behind the desk bidding on lots on a Heritage live auction. I recognized the website instantly. I couldn't see exact details but he was bidding on some reasonably expensive early US gold.
I had no idea he was a collector.
I had no idea he had sufficient means to be pursuing items like that.
I kept quiet, and let him do his thing. He was pretty intensely monitoring and bidding and I don't think there was much to be gained from bringing it up at that particular moment. Since then, I've learned that he came in to some significant money several years back. Kudos to him. He's a great guy.
Yes, there are a number of serious collectors (how is that defined, exactly?) here on the forums. Perhaps 1% of all "serious collectors" participate here. There are a huge number of 5-figure coins that sell pretty routinely and I don't see many of them showing up here.
I would be intensely curious to see the buyer profile data that Heritage, Stacks, or Legend has assembled. There's absolutely no reason for them to ever share it, but it would be extraordinarily informative.
0 for 11.
Professional Numismatist. "It's like God, Family, Country, except Sticker, Plastic, Coin."
I feel your pain.
1 winner for me out of 8
Funny, I won a coin that had a $850 PCGS value on it when I did my research on it a few days ago. When I just looked the PCGS value when up to $1100. Price must have gone up today or the last couple days. When I click on the price history it was $850 as of 4/1.
For those of you that would like to check this out, the coin is a 1853 Arrows & Rays half dollar in PCGS AU55
Let me know what you come up with, I'm curious
Mike
My Indians
Danco Set
Struck out on this auction but bought something else from another website, already got tracking!
+1
We are just a tiny percent of an already small percentage.
MOST of the heavy hitters DO NOT participate here.
And likely only about 10% of US are high rollers.
“I may not believe in myself but I believe in what I’m doing” ~Jimmy Page~
My Full Walker Registry Set (1916-1947)
https://www.ngccoin.com/registry/competitive-sets/16292/
Humm..............
Mike
My Indians
Danco Set
Blown out on the early gold here. Very strong prices. Really wanted one of those $10s
Did a Monroe just go for 102K? Gulp.
"Look up, old boy, and see what you get." -William Bonney.