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$17,700.00 ????????????

cosmicdebriscosmicdebris Posts: 12,332 ✭✭✭
in U.S. Coin Forum
Whoa!!!!!!!!!!!!!!!!
Bill

image

09/07/2006

Comments

  • airplanenutairplanenut Posts: 22,149 ✭✭✭✭✭
    Now THAT is a bidding war!
    JK Coin Photography - eBay Consignments | High Quality Photos | LOW Prices | 20% of Consignment Proceeds Go to Pancreatic Cancer Research
  • KlectorKidKlectorKid Posts: 3,723
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    image
  • MrKelsoMrKelso Posts: 2,907 ✭✭✭

    SO SO SAD. image


    "The silver is mine and the gold is mine,' declares the LORD GOD Almighty."
  • mbbikermbbiker Posts: 2,873 ✭
    private auction = i'm bidding on my own coin image
    Gold + Silver for sale on BST, Eagles, Pandas, ATB's...
  • BigEBigE Posts: 6,949 ✭✭✭
    Maybe two people forgot to put a limit on their automatic bidding machines---------BigE
    I'm glad I am a Tree
  • MadMartyMadMarty Posts: 16,697 ✭✭✭
    Dang!!! I could get a nice 1893-S Margan for that!!!
    It is not exactly cheating, I prefer to consider it creative problem solving!!!

  • GeminiGemini Posts: 3,085 ✭
    This really kills me..."WTC Pedigree"...image
    A thing of beauty is a joy for ever
  • fcloudfcloud Posts: 12,133 ✭✭✭✭
    Just think of the money you could save with a 1-point drop!

    President, Racine Numismatic Society 2013-2014; Variety Resource Dimes; See 6/8/12 CDN for my article on Winged Liberty Dimes; Ebay

  • jdimmickjdimmick Posts: 9,675 ✭✭✭✭✭
    That's a perfect example of paying for the plastic, I am sure glad someone(several) have a lot of money to waste.

    cause they are going to get the opportunity too!

    This super high grade slabbing of bullion material, and everyday common moderns is going to bust wide open flat within 5 years.




  • beornbeorn Posts: 211 ✭
    fake auction if i ever saw one
  • agfoxagfox Posts: 363
    It does seem awfully suspicious...

    To each thier own. I hope the new owner tries to not make a profit on it like this.

    Got Morgan?
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>fake auction if i ever saw one >>



    I agree. The stench is making my eyes water. Anybody else notice that this seller, (a booted board member, BTW), is using the same auction background graphic as AH Collectibles?

    Russ, NCNE
    eBay consignment sales | | Collectibles from Resco CCC
  • krankykranky Posts: 8,709 ✭✭✭
    I noticed the seller was giving a free WTC 1999 MS-69 $50 to the 201st bidder, which could explain the staggering number of bids. Probably someone jumping the bid by the minimum increment as fast as they could to get the free coin.

    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.

  • jtrykajtryka Posts: 795 ✭


    << <i>How these coins managed to stay an MS-70 is beyond anyone's guess... >>



    Hmmm...Maybe it's because this coin, like every other WTC coin was in a vault in 5 WTC (not in the towers) which survived virtually intact? The building was heavily damaged, but from the reports I've read, when they reconnected the power to the vault, it was an eerie experience, as if nothing ever happened there.
  • BikingnutBikingnut Posts: 3,375 ✭✭✭
    Looks fishy too me.
    US Navy CWO3 retired. 12/81-09/04

    Looking for PCGS AU58 Washington's, 32-63.
  • airplanenutairplanenut Posts: 22,149 ✭✭✭✭✭


    << <i>but from the reports I've read, when they reconnected the power to the vault, it was an eerie experience, as if nothing ever happened there >>

    It's my understanding that steel many feet thick isn't too damaged by an explosion...
    JK Coin Photography - eBay Consignments | High Quality Photos | LOW Prices | 20% of Consignment Proceeds Go to Pancreatic Cancer Research
  • jtrykajtryka Posts: 795 ✭
    Jeremy,

    I am not sure of the specifications of the vault, no doubt it was heavily reinforced, but the point is the vault was not in the main zone of the collapse, but in another building in the northeast corner of the complex (I believe). The purveyors of these coins (whom I disdain) would have people believe that these coins were found strewn among the debris and devastation, but that could not be further from the truth. Now, the safe deposit boxes that were located in the Chase and Citibank branches in the lobbies of the towers did take the full force of the collapse, and were virtually destroyed, leaving the contents severly damamaged. Despite the reinforced steel in the vault, they were still destroyed in the collapse, which would have been the same fate of these coins had they actually been within the footprint of the towers.
  • airplanenutairplanenut Posts: 22,149 ✭✭✭✭✭
    And that is basically why these coins should carry no premium... besides... why didn't people focus on the towers, and not the vaults in the wake of it?

    SHILL ALERT!!!!!
    JK Coin Photography - eBay Consignments | High Quality Photos | LOW Prices | 20% of Consignment Proceeds Go to Pancreatic Cancer Research
  • jtrykajtryka Posts: 795 ✭
    I really have a problem with people who sell stuff like this, and I even get emotional about the stuff they've brought up from the Titanic, and that was over 90 years ago! I put these people in the same category as the street merchants that were hawking 8x10s of the towers in flames on every street corner in lower Manhattan when I was in New York two months after the attacks. It's reprehensible! Ask yourselves, would you be willing to buy a PCGS slab of a Walking Liberty half brought up from the USS Arizona? It's the same thing, except far more lives were lost on September 11, 2001 than were lost at Pearl Harbor. And PCGS should be ashamed for being a part of it. Personally, I think the responsible thing to do would be to melt all of those coins into non-descript bars.
  • dpooledpoole Posts: 5,940 ✭✭✭✭✭
    Let's see. How do I put this delicately?

    Bullsh**!!!

    Here's a warning parable for coin collectors...



  • BigEBigE Posts: 6,949 ✭✭✭
    Is there no bidders for the last couple of days? Are they taking the weekend off?---------BigE
    I'm glad I am a Tree
  • leothelyonleothelyon Posts: 8,459 ✭✭✭✭✭
    What would be ebay's take...$299?

    Leo

    The more qualities observed in a coin, the more desirable that coin becomes!

    My Jefferson Nickel Collection

  • BillJonesBillJones Posts: 33,968 ✭✭✭✭✭
    This is sick. I hate these death coins.image
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • truthtellertruthteller Posts: 1,240 ✭✭
    Obviously, the seller owns both coins in MS70 and wants to establish a phoney value to them in order to get a precident. Then he/she will try to sell the other coin in auction or by private party with an "established" price of $17000. Believe it or not, many low pop coins, classic and raw, go through this process.

    TRUTH
  • ANACONDAANACONDA Posts: 4,692 ✭
    " private auction = i'm bidding on my own coin"

    Not necessarily - I've run private auctions and I've never bid on one of my coins and I've never asked anyone to bid on my coins.

    However, the rapidity with which the "bidders" in the referenced auction have bid against each other, among other things certainly indicates to me that there really isn't a bidding war going on.

    adrian
  • shirohniichanshirohniichan Posts: 4,992 ✭✭✭
    It's reprehensible! Ask yourselves, would you be willing to buy a PCGS slab of a Walking Liberty half brought up from the USS Arizona?

    I'm afraid people would pay a lot for such a coin, even if in fact it would have been found miles away on a beach in Waikiki and somehow got into a pedigreed slab saying it came from the USS Arizona. image
    image
    Obscurum per obscurius
  • mr1931Smr1931S Posts: 6,246 ✭✭✭✭✭
    To the buyer of this piece for over $17,000...

    Don't you realize how many quality,truly scarce and rare coins you can buy for $17,000?...

    really...

    Great spirits have always encountered violent opposition from mediocre minds.-Albert Einstein

  • DimetimeDimetime Posts: 338
    Let's get serious. No one in the world is going to actually pay on that auction. It's just some people having fun. They'll renig on it at the end. IMHO
    Merc collector.
  • shirohniichanshirohniichan Posts: 4,992 ✭✭✭
    Don't you realize how many quality,truly scarce and rare coins you can buy for $17,000?...

    You could even get a few 1995-W SAE's. image
    image
    Obscurum per obscurius
  • RampageRampage Posts: 9,450 ✭✭✭✭✭
    Isn't the seller a member of this board???

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