Why so cheap?

edsondl

To those in the know,

Has the price of 1944-S PCGS MS66 FB Mercury Dimes dropped and why? This is the third very nice, if not gorgeous, 1944S PCGS MS66FB Merc offered by David Lawrence.com at this very low price, with free shipping I might add. Looking at the Price History, they sold one in July for $88 and now $45. I already bought one and wonder if I should "invest" in another. If someone else beats me to the purchase on this one for their own collection, I hope that you enjoy it.

I want to know "what do people think?"

-Dan

Cam40

Make a great little type coin.

Someones bound to take advantage of the price drop.

Cant hardly beat FSB on a Merc.

My only explanation for low price is it must be fairly common?

fcloud

Looks good. I don't know if they are dropping or not. My old blue sheet has them at about $50 retail.

mintluster

I agree.

Senlathiel

Sounds like they are coming down from a price hike?

Placid

Looking at the Price History, they sold one in July for $88 and now $45.

I don't trust their price history. I bought a coin from them with make a offer and that coin shows that it sold at the full list price in their history.

Skipper53

I've recently bought a couple nice Morgans from David Lawrence at
the July price. Saved a couple hundred bucks all together.
The only thing I can figure is he bought them before the big increase
and is willing to pass those savings on to us.

Got to love a dealer like that !!!


Skipper

DavidLawrence

I don't trust their price history. I bought a coin from them with make a offer and that coin shows that it sold at the full list price in their history.


ALL: In response to this, our price history is a reflection of our historical list prices for items sold, not the prices we actually sold them for. There are several reasons for this. Foremost is that all sales are confidential. Especially on important coins, we don't think our customers would want to know what they actually paid. It could affect their re-sale value.

-John

gemtone65

I doubt that a concern over possible adverse effects on customers' resale values, assuming there is any, is the only reason for DL not using actual prices sold data. Nevertheless, his table does say clearly that the price data represents the price the coin was listed at, and by inference not the sale price. So, it seems to me they are being upfront about this, although a disclaimer pointing out that some coins (probably most) sell for less than the list price.