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For would be dealers (and collectors,too)....

I was at an estate auction today. They had some coins, but I was mostly there for the antiques. Anyway, I was really only interested in one lot of coins - a baggy (geez, I just luv when they do this) of 15 low grade cents - G to VG, no earlies, 8 middles, 5 late dates (50s) and two, as one person put it "foreign coins". The rest was mostly circ junk - AG to VG nickel 3 cents, Barber, Mercs - and one lot of 13 71/72 Bown Pak Ikes in orig boxes but hazy.

I ran the Ikes to $25 for the lot & dropped out. I bought the cent lot for $70 and laughed all the way to the bank. Why?

Comments

  • MrEurekaMrEureka Posts: 24,419 ✭✭✭✭✭
    The "foreign coins" weren't.
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • fcloudfcloud Posts: 12,133 ✭✭✭✭
    My guess is there were some keys in there; or the foriegn stuff was gold?

    President, Racine Numismatic Society 2013-2014; Variety Resource Dimes; See 6/8/12 CDN for my article on Winged Liberty Dimes; Ebay

  • jdimmickjdimmick Posts: 9,781 ✭✭✭✭✭
    Did the cent bag contain a 55 DDO?
  • BarryBarry Posts: 10,100 ✭✭✭
    The foreign coins were gold?
  • braddickbraddick Posts: 24,823 ✭✭✭✭✭


    << <i>I was at an estate auction today. They had some coins, but I was mostly there for the antiques. Anyway, I was really only interested in one lot of coins - a baggy (geez, I just luv when they do this) of 15 low grade cents - G to VG, no earlies, 8 middles, 5 late dates (50s) and two, as one person put it "foreign coins". The rest was mostly circ junk - AG to VG nickel 3 cents, Barber, Mercs - and one lot of 13 71/72 Bown Pak Ikes in orig boxes but hazy.

    I ran the Ikes to $25 for the lot & dropped out. I bought the cent lot for $70 and laughed all the way to the bank. Why? >>

    Colonials? Cool.

    peacockcoins

  • RittenhouseRittenhouse Posts: 567 ✭✭✭
    Nope. Re-read. Baggy lot was all large cents, no keys, 2 "foreign copper coins".

    Would you have jumped on the Ikes? Why didn't I?

    (Oh yeah, Andy had it part right. The foreign coins weren't).
  • BarryBarry Posts: 10,100 ✭✭✭
    Colonials or Fugios?
  • RittenhouseRittenhouse Posts: 567 ✭✭✭
    Bingo! We ahve a partial winner. The 2 "foreign" were colonials - a VG NJ & CT. But they were just the extras. The real reason was the double-struck VG-F 1832. I do this all the time. Colonials, cuds, double-struck, clipped, offcenters.

    OK, now who woulda bought the Ikes?

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