Quite disappointed in my consignment prices realized in tonight's GC auction
I keep hearing how strong this current market is, and routinely see mediocre quality generic junk on GC and Heritage bringing silly prices week after week so I decided to test the waters and consign a few generic coins to GC which sold tonight. I consigned a generic but nice quality PCGS MS65 common date Saint, an attractive rim toned generic Morgan in NGC 66 black retro holder and other stuff, and was not happy at all with what they sold for compared to what I've recently seen similar and lesser quality coins sell for. At least I was happy it was a small consignment with none of my better pieces included. Perhaps it was the holiday weekend, perhaps I have a bad eye and my coins are actually low end, or maybe the market isn't that strong after all, or maybe just bad luck? In any case, I've tested the waters and do not see myself consigning any further Saints or dollars to GC in the near future as I previously had planned.
Your hobby is supposed to be your therapy, not the reason you need it.