Anyone here watching this bidding war?
edwardjulio
Posts: 1,105 ✭✭✭✭✭
End Systemic Elitism - It Takes All Of Us
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I wasn't, but will be checking in now.
A lot of money out there
10Mil for a Michael Jordan Jersey???
Really???
More power to them
Mike
My Indians
Danco Set
I am now, thanks.
"Got a flaming heart, can't get my fill"
Nice looking coin
Big bucks for sure
It’s a great coin with outstanding cameo contrast, but I’m not sure that I would grade it PR-65 given the hair lining in the fields.
It’s UC, but GCs non slabbed pictures are horrible at showing it.
Nice write up, oh wait...
https://youtube.com/watch?v=_KWVk0XeB9o - Ruby Starr (from 'Go Jim Dandy') Piece Of My Heart
.
https://youtube.com/watch?v=D0FPxuQv2ns - Ruby Starr (from 'Go Jim Dandy') Maybe I'm Amazed
RLJ 1958 - 2023
Jeez, not bad for starting it at $1
"When they can't find anything wrong with you, they create it!"
Yes.
A beautiful piece that I’m sure someone will love. They better after that kind a money😵💫
Bidders #9 and #10 still battling. $500,000 now, oops, now $520,000 while I was typing, 2hrs 45mins left.
End Systemic Elitism - It Takes All Of Us
I don’t understand the bidding strategy. Why not snipe?
"Got a flaming heart, can't get my fill"
I have not figured out how to snipe on GC, too old I guess.
End Systemic Elitism - It Takes All Of Us
Wait until end of auction and place a last second bid.
"Got a flaming heart, can't get my fill"
Very easy, just place your bid within the last 10 seconds and hope it was a high enough bid!
Mike
My Indians
Danco Set
Some info:
1864 $20 PF65UC NGC
Mintage: 50
NGC POP all grades/designations-10
PCGS POP all grades/designations-9
CAC POP all grades/designations-4
End Systemic Elitism - It Takes All Of Us
@alaura22 - Thanks. That sounds easy. I won't be trying it on this one.
End Systemic Elitism - It Takes All Of Us
Me either.................
Mike
My Indians
Danco Set
I was clueless, until now.
Now, I’m watching it very closely.
Thanks.
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
Bidder #10 for $599,500. Bidder #9 failed in his/her noble quest.
End Systemic Elitism - It Takes All Of Us
Don't know why but PCGS had increased their price guide as:
July 2021 400K
Feb 2022 500K
March 2022 700K
May 2022 775K
So I guess it all adds up.?.
https://youtube.com/watch?v=_KWVk0XeB9o - Ruby Starr (from 'Go Jim Dandy') Piece Of My Heart
.
https://youtube.com/watch?v=D0FPxuQv2ns - Ruby Starr (from 'Go Jim Dandy') Maybe I'm Amazed
RLJ 1958 - 2023
Interesting. The previous auction record is $359,375 on 01/05/2011.
End Systemic Elitism - It Takes All Of Us
Very silly bidding...............
Mike
My Indians
Danco Set
How so?
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Because they don't agree with the price. And the bidders didn't "snipe" and they like to snipe.
Two people enter legitimate bids and the highest bid won. It seems a pretty legitimate result to me.
Tough date, especially in deep cameo.
I think that pricing was pretty much spot on- PCGS price guide for a 65 DCAM is $775k, for 64 DCAM is $450k. This buyer was $600k all in.
If the new owner chooses to cross it and is successful, if it crosses as a 65 DCAM they win, at 64+ DCAM they come out more or less even, and if it crosses at 64 DCAM they lose.
Most likely it’s already been to CAC and was unsuccessful in a 65 holder but if it crosses in a 64 or 64+ holder a CAC sticker would just be the extra gravy on top.
For the record I was not involved in this bidding war in any way, although it’s a very nice looking Type 1.
To be fair, isn't it at least possible that the poster who wrote "Very silly bidding" could know far more about that particular coin, its true market value and the best way to bid on it, better than anyone else on the planet?
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Lol. Or that.