I thought this was just a typical wholesale quality 1942-D NGC MS-66 Washington Quarter that I currently have for sale on ebay. There seem to be a pair of guys who see it differently. Am I missing something here?
I think they are confused, but I hope they pay up anyway. I guess you didn't realize you were selling the rare Double Die, RPM, repunched Date variety did you!!!
Maybe it's the Hunt brothers bidding against each other, trying to corner the silver market. Man, you got me. I picked up a 57-P in PCGS 66 last night for $24.00 that looks like a real outstanding coin. I was surprized to get it so cheap. I don't know what's happening with yours.
Jon: Looks like you've lucked out and into a bidding war. Now just hope that neither bidder reads these messages and the winning bidder doesn't suffer buyer's remorse.
Wow. I must be missing something too. That's a very nice looking coin and I would not have been surprised to see it double your expectation but this is way out there.
"Undipped" may be the opporative word here. Most of these have been dipped (mid 40's Washingtons). It does look nice for the grade. What's the pop? I can't believe it's very low, but finding these where they haven't been d!cked with is tough.
The 1964-P PCGS MS-65 which is realistically is about a $10 or $15 coin they bid up to $40.
Edited to add:
Just last week I sold a 1942-D MS-66 graded by PCGS and we all know how they're worth so much more. I went for $56. If they're hoping for an upgrade on this one they're in for a disappointment.
<< <i>The 1964-P PCGS MS-65 which is realistically is about a $10 or $15 coin they bid up to $40. >>
That one is confusing! Even in MS66 it's where it needs to be. Plus, these aren't difficult to locate white. I hope they're serious in paying, although nothing really leads me to believe he wont'.
There are many reasons a coin gets bid up too high. The #1 is just getting caught up in the frenzy of the auction. I once had a $50 retail coin sell for $450.00. When I asked the underbidder (a regular customer) why, he said he hated the other bidder and wanted to make him pay through the nose. Here is a recent example of an auction that was equally baffling: auction For the life of me I can't understand why someone would pay $143 for a $3.00 roll.
The underbidder on the auction that telecoin linked above is a board member. Maybe he will spot this and help explain what happened.
New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.
Well, you are lucky the other guy didn't win . . . one of his negs stated deadbeat bidder, and another one appeared he didn't pay as well. I don't see that he has outbid your high bidder recently.
Your high bidder also won the other nine coins --- all ending same day -- since he evidently wanted all those coins anyway, maybe he figured he was saving 9 x 2.50 in shipping charges from buying them from all different sellers, and added that into his bid to save hassle of having to bid someplace else? No telling what some folks think sometimes. Maybe they got caught up in the moment.
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DPOTD Jan 2005, Meet the Darksiders
Man, you got me.
I picked up a 57-P in PCGS 66 last night for $24.00 that looks like a real outstanding coin. I was surprized to get it so cheap. I don't know what's happening with yours.
Cameron Kiefer
Couldn't be personal, I have no enemies!
It does look nice for the grade.
What's the pop? I can't believe it's very low, but finding these where they haven't been d!cked with is tough.
peacockcoins
eBay Store
DPOTD Jan 2005, Meet the Darksiders
One bidder has 3 NEGS out of 42 and it a "$20 bidder" - has never bid even a $100 on a coin.
The other is a Buffalo Nickel bidder who might be described as a "$50 bidder".
$200 is BIG money for both of these guys based on their eBay history.
It would cause me to be a little sceptical.
Edited to add:
Just last week I sold a 1942-D MS-66 graded by PCGS and we all know how they're worth so much more. I went for $56. If they're hoping for an upgrade on this one they're in for a disappointment.
<< <i>The 1964-P PCGS MS-65 which is realistically is about a $10 or $15 coin they bid up to $40. >>
That one is confusing! Even in MS66 it's where it needs to be. Plus, these aren't difficult to locate white.
I hope they're serious in paying, although nothing really leads me to believe he wont'.
peacockcoins
New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.
Link
I have one as nicely toned (from what I can tell from the picture) and paid well under $100 for it.
Your high bidder also won the other nine coins --- all ending same day -- since he evidently wanted all those coins anyway, maybe he figured he was saving 9 x 2.50 in shipping charges from buying them from all different sellers, and added that into his bid to save hassle of having to bid someplace else? No telling what some folks think sometimes. Maybe they got caught up in the moment.