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Heritage auction in Florida. . .

DracoDraco Posts: 512 ✭
in U.S. Coin Forum
What the heck is going on down there? I'm watching indian cent after indian cent sell for many, many, MANY times it red book value? Before that, I watch lots of early cents sell for thousands. It's as if the entire floor is filled with bored billionaires.

Comments

  • MadMartyMadMarty Posts: 16,697 ✭✭✭
    And none of them selling were mine!!! image
    It is not exactly cheating, I prefer to consider it creative problem solving!!!

  • dwooddwood Posts: 821
    I agree....It is amazing....I just saw an 09 Indian get 57 bids and go f04 $3500 or so...Should have gone at $1500 or so.

    Gates and Ellison must have taken up collecting!?!?
    dwood

    "France said this week they need more evidence to convince them Saddam is a threat. Yeah, last time France asked for more evidence it came rollin thru Paris with a German Flag on it." -Dave Letterman
  • itsnotjustmeitsnotjustme Posts: 8,779 ✭✭✭
    Welcome to the boards Draco.

    The value of these coins is HIGHLY dependent on the exact grade. Redbook lists prices for MS60 coins. I haven't looked at the specific auctions, but common date indians in MS65 RED sell for $300+ even though Redbook lists them at $25. COins in super grades like MS66 RED or MS67 RED are going to sell at levels way higher than this.

    If you'd like I can send you an old "Grey Sheet" price guide that will be very educational.
    Give Blood (Red Bags) & Platelets (Yellow Bags)!
  • PlacidPlacid Posts: 11,299 ✭✭✭
    $7,500 on a 1909-s 65rd ihc image
  • toothpullertoothpuller Posts: 600 ✭
    Yeah well a very common date PCGS MS66 1909 Indian Head Cent just went for over 11K including the juice. That is crazy. It was in an old rattler and I guess a couple people must think its going to upgrade. A low end MS 66 1909 should start in the $800. range.

    Plain old common 65s like a 1907 went for 20% over pinksheet [Eagle Eye priceguide].
  • merz2merz2 Posts: 2,474 ✭
    Wait until the Lincolns.You haven't seen anything yet.
    Don
    Registry 1909-1958 Proof Lincolns
  • dwooddwood Posts: 821
    This I goota see....the Licolns that is...
    dwood

    "France said this week they need more evidence to convince them Saddam is a threat. Yeah, last time France asked for more evidence it came rollin thru Paris with a German Flag on it." -Dave Letterman
  • itsnotjustmeitsnotjustme Posts: 8,779 ✭✭✭
    Draco,
    I PM'd you back. Don't know if it will go through where your PM is not turned on. Select profile near the upper right, then turn on allow private messages. The little lock symbol will show up on the top right of your posts.
    Give Blood (Red Bags) & Platelets (Yellow Bags)!
  • PlacidPlacid Posts: 11,299 ✭✭✭
    Opps nevermind.
  • dwooddwood Posts: 821
    They had an 09SVD PCGS MS64 projected at 50-$65.

    I'll take a case of those, please. image
    dwood

    "France said this week they need more evidence to convince them Saddam is a threat. Yeah, last time France asked for more evidence it came rollin thru Paris with a German Flag on it." -Dave Letterman
  • barberloverbarberlover Posts: 2,228 ✭✭
    It's simple really, whats hot brings in money from people chasing whats hot, even if it's above bid on a common coin in a hot series, can anyone say a m.s. 1909 p - 66 red indian is rare or even scarce or how about a 37 proof buffalo nickle graded as high as 67. When you want to buy a coin that is hot, you might get a better deal from a dealer than bidding against the mass of i want whats hot crowd. I know this is true because i have purchased coins recently in hot areas if they were in series i liked anyway from dealers at much lower prices than i would pay for the same coins at auction.
    The President claims he didn't lie about taxes for those earning less then $250,000 a year with public mandated health insurance yet his own justice department has said they will use the right of the government to tax when the states appeals go to court.
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>Wait until the Lincolns.You haven't seen anything yet. >>



    Don,

    You ain't just whistling Dixie! I've been watching them while waiting for Two Centers to come up, and they are bringing STRONG money.

    Russ, NCNE

    eBay consignment sales | | Collectibles from Resco CCC
  • LakesammmanLakesammman Posts: 17,413 ✭✭✭✭✭
    Consensus is the 1909 is a lock 67 - there were still 5 bidders at $8,000!! It really was a beautiful coin. After seeing "none-finer" coins going for monster money, several bidders were ready to take the risk of the upgrade.....image
    "My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose.

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