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Big rarities on the auction block right now…..

safari_dudesafari_dude Posts: 507 ✭✭✭✭✭

Some super rare (and VERY expensive) coins passing through the auction block right now. Seems there’s a lot of big money for coins available to some collectors! A1776 Continental pewter dollar about to come up….estimated to be worth up to $530K! Check it out: liveauctioneers.com

Comments

  • jacrispiesjacrispies Posts: 1,423 ✭✭✭✭✭

    Crazy prices, but only 49 people supposedly tuned into the auction. Someone on Reddit says Mynt Auctions is used for money laundering. Smells fishy....

    "But seek ye first the kingdom of God and His righteousness and all these things shall be added unto you" Matthew 6:33. Young fellow suffering from Bust Half fever.
    BHNC #AN-10
    JRCS #1606

  • safari_dudesafari_dude Posts: 507 ✭✭✭✭✭

    @jacrispies said:
    Crazy prices, but only 49 people supposedly tuned into the auction. Someone on Reddit says Mynt Auctions is used for money laundering. Smells fishy....

    I have bought from them…with good results. Many DL Hansen coins up today….. Interesting for sure….

  • Davidk7Davidk7 Posts: 634 ✭✭✭✭✭

    They are a scam. They sell other dealer's coins using their pictures and only sell the coins when they reach the price goal they are looking for.

    Collector of Capped Bust Halves, SLQ's, Commems, and random cool stuff! @davidv_numismatics on Instagram

  • jacrispiesjacrispies Posts: 1,423 ✭✭✭✭✭

    With the coins consistently selling for 2x retail, I can't imagine these coins are actually selling. Maybe they shill and hope for a buyer.

    "But seek ye first the kingdom of God and His righteousness and all these things shall be added unto you" Matthew 6:33. Young fellow suffering from Bust Half fever.
    BHNC #AN-10
    JRCS #1606

  • jacrispiesjacrispies Posts: 1,423 ✭✭✭✭✭

    @Davidk7 said:
    They are a scam. They sell other dealer's coins using their pictures and only sell the coins when they reach the price goal they are looking for.

    Great point, that sounds accurate.

    "But seek ye first the kingdom of God and His righteousness and all these things shall be added unto you" Matthew 6:33. Young fellow suffering from Bust Half fever.
    BHNC #AN-10
    JRCS #1606

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