Adrian don't do this to me!
Conder101
Posts: 10,536 ✭
Browsing thru eBay and this catches my eye. 1866 Seated Half, no motto, NGC Proof 66
And it has a BIN of UNDER $5,000! Had to look and if it was I was going to do the BIN. I'd find the money somewhere.
And it has a BIN of UNDER $5,000! Had to look and if it was I was going to do the BIN. I'd find the money somewhere.
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Comments
Just bid $1 under the BIN price and that should be his reserve price. I just saved you $1.
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.
adrian
1891 Seated Half NGC Proof 66 Anaconda Color
Excellent toning, lousy picture.
"maybe I don't have anything good to say about it since I don't have a spare 4k laying around "
(hint - There's always the edit function.)
"Excellent toning, lousy picture."
Also, if the picture is so lousy, how can you tell that the toning is "excellent". Just curious.
adrian
I'm wondering, do you have any MS pics available?
Just aking since I always like comparing them.
It's the pattern of the toning i meant... going around the whole coin. I hate it when there're any cresents.
john
The 1866 No Motto Proof half is a unique coin! It was part of the set of 1866 No Motto quarter, half, and dollar that were stolen from DuPont back in 1967. The quarter and half were recovered when they were purchased over the counter by two different Calafornia dealers about 5 or 6 years ago. The half dollar would probably be an eighty to one hundred thousand dollar coin, and here it was listed with a BIN under $5,000.
In fact when the half was recovered the dealer didn't realize what he had, neither did the members of his staff. They sent the coin off to NGC for certifying and the people at NGC didn't recognize it either and simply sent it back slabbed as a regular proof seated half! It wasn't until after it had been back from NGC for a couple weeks before one of the numismatists on the staff realized "Hey isn't this thing supposed to have the motto on the back?"
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.
Byron
My first YOU SUCK on May 6 2005
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Tom
... the dealer didn't realize what he had, neither did the members of his staff. They sent the coin off to NGC for certifying and the people at NGC didn't recognize it either ...
The first five responders to this thread (not to mention who else may have not discovered it) missed the possibility of this being a "typo" or "unique" coin, so isn't it also possible Anaconda could have missed it too? And although this statement is a little presumptuous, but, even CoinGuy1 SEEMED to not know of the possibility (or maybe he knows who has the coin). If so, would it really be fair to just, er, "buy" it for approx $75 - 95K (according to Anaconda) below market value? I mean, if it were the "No Motto" Conder mentions, the BIN would obviously be a mistake OR Anaconda didn't know the uniqueness of the coin.
Just confused - seems the appropriate thing would have been to advise the seller or at least ask if he really knew what the heck he is doing. Maybe I only think that is what I would do, since I've never been faced with such a situation.