E-bay Bidders going Crazy?!?!?!?!???

ClausUrch

Can anyone tell me why this coin is bid to this level ???
MS62 39-D

And why this coin sold for this????
38-S PCJunk

And why this coin is listed for this...(immediate payment!)
39-D MS64 PCJunk

bearcave

Can't answer your question as to why. But I am not interested in any for that price!

XpipedreamR

The first Arkansas half was already discussed here a few days ago, but I can't find it now. It's very surprising because you could probably get a 65 for close to that money, or at least a much nicer one. This coin certainly doesn't seem to be anything special.

The guy that bought the PCI arkansas had bid on the first one minutes before, but lost it. I guess he really wanted an Arkansas!


I don't know about the third one.


Arkansas halves must be HOT!!!!

Baley

if more than one person is looking for a specific coin, bidding can get out of hand.

I had to put in a pretty big snipe to win a certain bust half a while a go, and did it a little early (45 sec or something) and the other guy took one more shot at it, running me up another $20 but my bid held up. Sure enough, my underbidder was there a week later, bidding on the same date coin in another auction. he wanted it so bad he had put in about a dozen bids, so I knew I was safe throwing in a couple, and I made him pay $20 extra for HIS coin, and could have gone higher but didn't want to buy another example.

anyway, Looks like more than one person wants a 39D Arkansas at this moment, for some reason.

paigowjohnny

I'm seeing the same thing in some Morgans (particularly toners) and some of the type coins I'm chasing...most are going for well above retail Trends...

ClausUrch

<< <i>if more than one person is looking for a specific coin, bidding can get out of hand. >>



The bidding is wayyyy out of hand....PCGS MS64 Arkansas (1939-D) can be purchased all day long for $200.-$225. This is a MS62 we are talking about at over 700$ and PCI MS64 and 65 coins which translate to MS60 - 63 at best!

Am I reading too much into this bidding or do these bidders have more money than sense???

Baley

why are you so curious about these in particular, out of all the crazy bids some items get?

a few days ago someone linked an auction for a tupperware container containing one of Britney Spears' prime farts, and it had lots of bids.

yes, some ebay bidders are crazy, depending on your point of view.

Now if they were selling one of Britney's Oktoberfest beer burps caught in a Fabrege egg,
i could understand a bid

I wouldn't mind one of those MS64 Arkansas, but I'll try to get it for $200-225.

ClausUrch

<< <i>why are you so curious about these in particular, out of all the crazy bids some items get? >>



I haven't really pondered my curiousity that much but I suppose that I find it interesting that there are so many that have the knowledge to amass disposable income to spend on coins but lack the knowledge and common sense to educate themselves on what they are buying!

stman

<< <i>Sure enough, my underbidder was there a week later, bidding on the same date coin in another auction. he wanted it so bad he had put in about a dozen bids, so I knew I was safe throwing in a couple, and I made him pay $20 extra for HIS coin >>



Poor guy... you're a baaaad man.

IrishMike

A couple of years ago I had a bidder bid me up in the last minute on sevaral different auctions and cost me some money. For the next two weeks I bid on about 20 of the auctions he was bidding on. He finally caught on and quit bidding and started sniping. I figure I paid him back tenfold.

To stay on topic those coins aren't that hard to find, must be that they have auction fever, i.e. want the thrill of bidding and winning something.

lordmarcovan

<< <i>...and PCI MS64 and 65 coins which translate to MS60 - 63 at best! >>



Maybe, maybe not.

It's not necessarily true. While it's true PCI is a second- or third-tier service, those are at least green-label slabs. While I have not tried crossing PCI to PCGS, I have had PCI green-labels actually upgrade when they were sent to NGC!

PCI gets a bad rap more for its inconsistency than for its overgrading, I think. Because they are inconsistent, one can sometimes find undergraded coins in their holders (at least, the older green-label ones). I have one PCI gold-label slab in my possession, and I think the grade is right on the money- neither too high nor too low. But from what I hear, the current gold-labels are pretty bad. I quit submitting to PCI a long time ago because they brutally undergraded too many of my submissions. This doesn't mean I won't buy a nice coin in one of their holders, though.

mr3holesinone

I was hoping to add my first graded MS62 '39 Ark to my hoard but not now. I had a bid in at 63 money just to make sure I had a good chance of winning it... HAH, wasn't even close. He paid over 65 money to get the 62. I wonder why he didn't just go ahead and purchase the few MS66s that were available with a 'buy it now' price barely double his 62 bid? Same guy put a crazy bid in on a RAW '39 Ark too. As mentioned above, you can (or used to be able to) buy these all the time for under $300 in 64 and under $250 in 63.

mintluster

I am not interested in any for that price