Is this a $13,000 coin?

keoj

I guess its a $13,000 coin if you are a wealthy idiot.

keoj



MS $13,000 coin?

MastaHanky

It fails the pissing minuteman check, so I guess not.

Steve27

Coin doesn't even appear to be mint state, so no it's not a $13K coin.

benloe

Coin is not MS,but the seller does know how to use the light source to make it look better than it is.

JamieB

I read it as "this date coins - if it were ms 65, is a 13000 coin". Sounded like auction double talk to me....

JAMIE

baccaruda

he's only suggesting that you should pay $13k for it.

kind of like the people who list an ACG MS65 and say "the PCGS price guide lists this coin in MS67 at $850,000 - my reserve is well below that"

MadMonk

Double talk....

dorkkarl

dudes, it's a 1874 trade dollar! you just don't see those in change anymore!!!

K S

JeffinMich

Huh, the bid is already up to $6.50......only $12993.50 until it hits $13k.

Baley

again, guys, a selling technique. seller not saying THIS is an ms65, just that an MS65 trade of this date is worth 13K

might as well say, oh by the way, a Rolex president goes for 13K., so bid on THIS coin!

but his example is a bit more relevant

at a local jeweler, the price marked on every item is double it's "actual" price, and they have a perpetual %50% OFF SALE!!!! going on.

similar strategy, again, works for a subset of bidders, and probably increases final price these auctions go for, unfortunately we all have to go throught that learning curve. not saying it's right, just that the market is so big and verigriated and dynamic that this will go on..

wayneme

well it's already at 6.50

abuell

"You just don't see those in change anymore" - Well, that is, unless you're in Hong Kong!!!

relayer

So far it's a $20.50 coin

baccaruda

another good strategy is starting a $50 coin at $.01 with no reserve, then posting an absolutely ridiculous BIN of say $250.

without saying it, you've suggested that it's worth $250, making $50 seem like a steal. again - this would only work on that certain subset.