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Is the Blush off FB Rosy Dimes? Is DHRC dumping coins?

ColorfulcoinsColorfulcoins Posts: 3,365 ✭✭✭
in PCGS Set Registry Forum
DHRC website had bunches of FB Rosy dimes at what I consider to be strong asking prices. Over the last several weeks, DHRC has been putting up nice FB coins on ebay at $9.99 with No Reserve - including 51D, 47D, 59D, 55D in MS67FB and 53P, 56P, 57P, and 58P in MS66FB (as best I can recall). I won the 57P at $43 - cheap I thought for a pop 10/0 coin. So, given DHRC is selling these coins for less than 25% of what they were listed for on their site (the 57P was $195 on the website), is the Rosy blush over?

Your thoughts?
Craig
If I had it my way, stupidity would be painful!

Comments

  • sinin1sinin1 Posts: 7,500 ✭
    eBay prices are soft right now, and probably will be for another 3 weeks

    the right-up on some of their coins has been rather poor - especially for top pops

    that coin probably could be sold for $100 in a few weeks if an emphasis is placed on how there have been less than 20 FB graded and this one is a pop 10 none finer


    I think I bid some on that coin, but not enough


    whether dhrc is dumping coins, or keeping an eBay employee busy, or looking to pick up more clients fir their operation - I do not know

    I even noticed Pinnacle (Laura) had a PR 1957 i think for sale on eBay


    you got one good deal
  • melikecoinsmelikecoins Posts: 1,154 ✭✭
    I picked up a 58-P ms65fb for $15
    Very good deal

    Glen
    I don't buy slabs I make them
  • wondercoinwondercoin Posts: 16,979 ✭✭✭✭✭
    Craig: I don't need to tell you how "thin" this market is. And, I disagree that ebay can not bring out the right prices for coins. For example, my 1953(d) pop 7/0 Lincoln Cent already has the opening bid of $4,250. Yet, a pop 7/0 Roosie from roughly the same era is a $500 coin - right? Nothing to do with ebay - everything to do with the thinly traded nature of the silver Roosie market IMHO image

    Wondercoin
    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
  • rainbowroosierainbowroosie Posts: 4,875 ✭✭✭✭
    Maybe the coins are run of the mill brilliant coins? No eye appeal equals lower prices....As you know, stupid color FB coins ain't ever cheap!image
    "You keep your 1804 dollar and 1822 half eagle -- give me rainbow roosies in MS68."
    rainbowroosie April 1, 2003
  • ColorfulcoinsColorfulcoins Posts: 3,365 ✭✭✭
    Bill, they are ALL white coins..............................
    Craig
    If I had it my way, stupidity would be painful!
  • clackamasclackamas Posts: 5,615 ✭
    Well the only reason you got it that cheap was my internet connection went down and I could not bid. Seriously - but they still are inexpensive for a pop 10/0.
  • bushmaster8bushmaster8 Posts: 5,616 ✭


    << <i>DHRC website had bunches of FB Rosy dimes at what I consider to be strong asking prices. So, given DHRC is selling these coins for less than 25% of what they were listed for on their site (the 57P was $195 on the website), is the Rosy blush over?

    Your thoughts? >>



    I think Mitch is absolutely correct about this being a very thin market area.

    But I also think that this is a case of David Hall (Blessed Be His Name) "taking a shot" at naive collectors that may not be too familiar with the REAL trading ranges on these coins. Despite His claims in written advertisements that DHRC offers fair prices, in reality his prices can be a total rip off.

    The most blatant attempt to rip some one off lately was His web-site-listing of (if I remember correctly) a 1984-D Roosevelt PCGS MS67 FB for close to $1000.

    If anyone needs an 84-D as above, I will be happy to sell you one for $150!
    "Wars are really ugly! They're dirty
    and they're cold.
    I don't want nobody to shoot me in the foxhole."
    Mary






    Best Franklin Website
  • WaldoWaldo Posts: 324


    << <i>DHRC website had bunches of FB Rosy dimes at what I consider to be strong asking prices. Over the last several weeks, DHRC has been putting up nice FB coins on ebay at $9.99 with No Reserve - including 51D, 47D, 59D, 55D in MS67FB and 53P, 56P, 57P, and 58P in MS66FB (as best I can recall). I won the 57P at $43 - cheap I thought for a pop 10/0 coin. So, given DHRC is selling these coins for less than 25% of what they were listed for on their site (the 57P was $195 on the website), is the Rosy blush over?

    Your thoughts? >>



    The bids are rising on the 51D & 55D in MS67FB. 10 hours to go and who knows what the final price will be. When multiple people need the same coin and the coin is nice the final price can be extreme.

    But I do understand what you mean about some FB Roosies. I have an 89-P PCGS MS66FB (pop 5 with 14 higher) on Ebay. Two days to go with one bid (99 cents!!!!!) and only 3 on the counter! (and two hits could be mine). I'd say the Blush is gone. But thats o.k. I can enhance my collection at lower prices (Realistic?)
  • onlyroosiesonlyroosies Posts: 3,300 ✭✭✭✭
    I see it as its becoming clearer as to what dates will be tough in FB and which dates will become
    common. The 55D was a tough date pre FB in MS67 with a pop of around 25 coins, But the coin comes
    well struck and 80% of all 55D's will more then likely have Full Bands. With many other dates
    producing much lower pops in FB the 55D now becomes a common coin in FB. Once touted as a
    $1000 coin in MS67 before FB on DHRC website is now a $200 coin in MS67FB.

    Add 4 or 5 collectors wanting to build a top 10 Roosie set and prices will double. I think there are
    several sets being built right now that will not be registered until they are complete.

    Onlyroosies
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