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WHOAH!!! The Ike Dollar Man has a bid at the opening of $175,000!!!!

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  • DHeathDHeath Posts: 8,472 ✭✭✭
    I hope James wins, instead of HSN or the likes. That's a pretty good sized lot!
    Developing theory is what we are meant to do as academic researchers
    and it sets us apart from practitioners and consultants. Gregor
  • I wonder what the shipping is on 4 1/2 tons. Also, he's going to lose a nice chunk to ebay, I'm doubting anyone's going to bid over $175,000.
  • I smell massive giveaways if a forum member wins this...
  • ccrccr Posts: 2,446


    << <i>All coins are in excellent circulated to brilliant uncirculated condition >>



    Darn! No PO01 Ikes in the lot. image
  • How much is the shipping cost on that :S
  • jcpingjcping Posts: 2,649 ✭✭✭
    If face value is over $175,000, James has nothing to lose image May be he needs a large warehouse to store these babies image
    an SLQ and Ike dollars lover
  • RussRuss Posts: 48,514 ✭✭✭
    Well, it hasn't met reserve, so he hasn't won them yet.

    Russ, NCNE
  • segojasegoja Posts: 6,134 ✭✭✭✭
    And I don't think I'll win them either.

    There may be that PO01 in there. How much will braddick pay for two or three. May make the whole lot worthwhile.

    If I do get them, I have a few freinds to help with the heavy lifting.

    I'm worried about the heavy grading on may part. Let's see, circ or unc, 72-P or not. Grade the uncs, look for Type I and Type II 72-P's, and blow out the rest. Of course that may take some time.

    How about a consortium????

    Who's in???
    JMSCoins Website Link


    Ike Specialist

    Finest Toned Ike I've Ever Seen, been looking since 1986

    image
  • DHeathDHeath Posts: 8,472 ✭✭✭
    I'll help. image
    Developing theory is what we are meant to do as academic researchers
    and it sets us apart from practitioners and consultants. Gregor
  • PlacidPlacid Posts: 11,299 ✭✭✭
    You still have a day and a half to retract your bid when you sober up image

    Want to buy a I like Ike hat?
  • pmh1nicpmh1nic Posts: 3,276 ✭✭✭✭✭
    Where's Supercoin?
    The longer I live the more convincing proofs I see of this truth, that God governs in the affairs of men. And if a sparrow cannot fall to the ground without His notice is it possible for an empire to rise without His aid? Benjamin Franklin
  • Yeow! That was worth putting in my watch list, not to bid on.

    Jerry
  • braddickbraddick Posts: 23,975 ✭✭✭✭✭


    << <i>And I don't think I'll win them either.

    There may be that PO01 in there. How much will braddick pay for two or three. May make the whole lot worthwhile.

    If I do get them, I have a few freinds to help with the heavy lifting.

    I'm worried about the heavy grading on may part. Let's see, circ or unc, 72-P or not. Grade the uncs, look for Type I and Type II 72-P's, and blow out the rest. Of course that may take some time.

    How about a consortium????

    Who's in??? >>

    $1,000.00 for the first that slabs (PCGS) and $100.00 each, up to ten after that. Hurry though... deadline is up August 1st., but might need to extend it if you're the winner of this lot!

    peacockcoins

  • segojasegoja Posts: 6,134 ✭✭✭✭
    Dogg gone it Braddick, I was counting on you for at least $3000.

    Oh well, guess I can always put em back on e-bay!
    JMSCoins Website Link


    Ike Specialist

    Finest Toned Ike I've Ever Seen, been looking since 1986

    image
  • That's a helluva lot of Baldies!!
    -George
    42/92
  • segojasegoja Posts: 6,134 ✭✭✭✭
    Already outbid, but so life goes on!
    JMSCoins Website Link


    Ike Specialist

    Finest Toned Ike I've Ever Seen, been looking since 1986

    image
  • braddickbraddick Posts: 23,975 ✭✭✭✭✭


    << <i>Dogg gone it Braddick, I was counting on you for at least $3000. Oh well, guess I can always put em back on e-bay! >>

    If you found a bag of Peacock Ikes in the bunch that would pay for all of them and thensome.

    Strangly though, I just don't see that happening... image

    peacockcoins

  • PlacidPlacid Posts: 11,299 ✭✭✭


    << <i>Already outbid, but so life goes on! >>



    Still didn't meet the reserve.
    Any guess at what the reserve is set at? $175k + eBay fees?
  • khaysekhayse Posts: 1,336
    James,

    > How about a consortium???? Who's in???

    You trouble maker. Now you're going to get me in trouble with my wife.
    I'd definitely be in for a couple grand. Any idea on shipping yet?

    -KHayse

  • jharjhar Posts: 1,126


    << <i> wonder what the shipping is on 4 1/2 tons >>



    A big U-Haul truck ought to be able to transport it. It would probably be cheaper for the seller to fly to TX, then rent and Drive the U-Haul back Home.
    J'har
  • 4.5 tons = 9000 pounds. It's going to be a big truck.
    Even at 175,000 dollars it'll cost too much. I just don't see any profit in trying to buying them, laoding them up, moving them to some other place.
    What do you get when you go through th coins? AU55 is about the best you could hope for.
    You have to somehow hire a crew to shovel all that stuff into a big dump truck, I guess a backhoe might work too, wihtout them trying to pocket some for themselves.
    I guess you could pay the help in coin too, day laborers work out OK.
    I suppose that maybe if you have a way to ship them, then maybe you could sell them over a period of time for $1.50 to $2.00 each maybe.
    I personally would not bid on them, unless I went down there and took a personal look see myself. They could all be corroded oxidized junk after sitting in that garage or warehouse al these years.
    But what the heck, maybe a casino would like them for some kind of a promotion or something. Might be worth it then.

    image
  • airplanenutairplanenut Posts: 22,149 ✭✭✭✭✭
    Wouldn't be hilarious if someone tried to pay him with those Ikes? image
    JK Coin Photography - eBay Consignments | High Quality Photos | LOW Prices | 20% of Consignment Proceeds Go to Pancreatic Cancer Research
  • segojasegoja Posts: 6,134 ✭✭✭✭
    Airplanenut!


    Wouldn't be hilarious if someone tried to pay him with those Ikes?

    That would be the best!
    JMSCoins Website Link


    Ike Specialist

    Finest Toned Ike I've Ever Seen, been looking since 1986

    image
  • foodudefoodude Posts: 3,572 ✭✭✭
    It's going to be a big truck.

    Maybe the buyer shoukld buy a house in the seller's neighborhood (or wherever the coins are stored), then cart them with a wheel barrell.image
    Greg Allen Coins, LLC Show Schedule: https://forums.collectors.com/discussion/573044/our-show-schedule-updated-10-2-16 Authorized dealer for NGC, PCGS, CAC, and QA. Member of PNG, RTT (Founding Platinum Member), FUN, MSNS, and NCBA (formerly ICTA); Life Member of ANA and CSNS. NCBA Board member. "GA3" on CCE.
  • rumor has it that the guy had over 200,000+ and over the last 18-24mos has had a dealer local to him
    yank all the bu stuff that rolls could be made with and slabbed and/or ready to slab the nice stuff with the
    pedigree from the "xyz hoard". anyone notice the almost absurd runup in bu rolls of avg ikes? so with very little bu stuff left, or beat to hell and back and/or the majority sliders and avg circs. more than 1.12 to 1.15 per would almost be be a loser considering flying out paying for 3 tickets,3 help wages,spend 2-3 days there wooping yourselves to death loading, renting uhaul to hold that weight, transport, unload (another few days, spread and sort (weeks/months), then sell (12 to 15mos). but you could mass market the pedigree even on slider unc rolls and probably get decent money. his reserve is probably around 250k. that's about what you could net since the goodies are allegedly plucked already so you'd lose your ass even at 250k. who in the hell owning these would not do this or have done this? a person with this many has had help,knows what he's doing and wants to unload the junk. excellent marketing,etc. he probably got 175K+ for what has been already been moved on the roll bid runup and what is waiting to be slabbed once these are gone. i would more go with these thoughts about this having seen situations like this many a time over the years....rather than think he dont know nothing really other than "i'd just chunk em back basically" yeah, right...
  • cladkingcladking Posts: 28,654 ✭✭✭✭✭
    4 1/2 tons is nothing. Sounds like a half hour work for a healthy young
    man. There's lots of heavy lifting in the coin hobby and it shouldn't be too
    big a problem for most.

    These may go for more than you think. The wholesale on circ Ikes bumps
    up against $1.30 every once in a while so on a large lot like this there
    just might be a little premium. It wouldn't surprise me if they get close
    to a quarter million. The buyer will be selling them for a long time probably.
    Tempus fugit.
  • Maybe we should have a poll for where you think the reserve is and where you think the auction will close.
    I'm thinking the reserve is at least $200,000 and auction will end somewhere around $260,000.

    Arlington is right between Fort Worth and Dallas so maybe Heritage ought to grab them.
  • relayerrelayer Posts: 10,570

    Who would want to look through 175,000 Ikes image
    image
    My posts viewed image times
    since 8/1/6
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>rumor has it that the guy had over 200,000+ and over the last 18-24mos has had a dealer local to him
    yank all the bu stuff that rolls could be made with and slabbed and/or ready to slab the nice stuff >>



    But, he says in the auction that the coins are unsearched. image

    Russ, NCNE


  • << <i>Seller warrants that he has never searched the coins for specific dates, condition, mint marks or rarities. >>



    Russ: he says that he has never searched them...not that he has not had anyone else search them for him.

    Just a thought.
    image

  • So do you actuallybelieve that statement?
    << Seller warrants that he has never searched the coins for specific dates, condition, mint marks or rarities. >>
    image
  • Purple73Purple73 Posts: 2,016
    If you had 175,000 Ikes would you go throught them? Knowing that there is the possibility of finding some with Numismatic Value?They've been gone through. To me this is a cool auction Because it's IKes Instead of Wheats but it's just like the other unsearched auctions on ebay.

    PURPLE
  • Welcome, Ikeguy the latest addition to the Collectors Universe forum.



    image
  • ccrdragonccrdragon Posts: 2,697
    I may have to email the seller - I live in that area....
    Cecil
    Total Copper Nutcase - African, British Ships, Channel Islands!!!
    'Do not meddle in the affairs of dragons, for you are crunchy and taste good with ketchup'
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>Welcome, Ikeguy the latest addition to the Collectors Universe forum. >>



    Uh oh! Somebody ratted us out. image

    Russ, NCNE
  • TheLiberatorTheLiberator Posts: 1,023 ✭✭✭
    So does anyone know how he got all of these or how long it took to oard them?

  • CladiatorCladiator Posts: 18,041 ✭✭✭✭✭
    I wonder how much silver, if any, is in that hoard.
  • segojasegoja Posts: 6,134 ✭✭✭✭
    No Silver. The guy just bought them over the years.

    I sold him several bags (circs) and some BU rolls.

    I think you can trust this guy on the lot being unsearched.

    Why would he or let anyone else search them?

    He's not a coin guy.
    JMSCoins Website Link


    Ike Specialist

    Finest Toned Ike I've Ever Seen, been looking since 1986

    image
  • RUMOR is the key word...that's exactly what it is. Everything you read at the ebay auction site and
    the collateral site I created is true, and if you read it, it will answer many of the questions raised on this
    discussion board. Thank you.
  • RussRuss Posts: 48,514 ✭✭✭
    Ikeguy,

    Welcome aboard! Got any spare change? I need it for the bus.

    Russ, NCNE
  • MyqqyMyqqy Posts: 9,777
    I smell massive giveaways if a forum member wins this...
    image
    My style is impetuous, my defense is impregnable !
  • Purple73Purple73 Posts: 2,016
    Ikeguy,

    Welcome aboard! Got any spare change? I need it for the bus.

    Russ, NCNE



    imageimage



    PURPLE
  • MadMartyMadMarty Posts: 16,697 ✭✭✭
    Hey James, how many Ikes can I fit into the back of my Durango???
    It is not exactly cheating, I prefer to consider it creative problem solving!!!

  • foodudefoodude Posts: 3,572 ✭✭✭
    Hey James, how many Ikes can I fit into the back of my Durango???

    Do you mean before or after the tires go flatimage
    Greg Allen Coins, LLC Show Schedule: https://forums.collectors.com/discussion/573044/our-show-schedule-updated-10-2-16 Authorized dealer for NGC, PCGS, CAC, and QA. Member of PNG, RTT (Founding Platinum Member), FUN, MSNS, and NCBA (formerly ICTA); Life Member of ANA and CSNS. NCBA Board member. "GA3" on CCE.
  • I may have more than I want after tomorrow!
  • ziggy29ziggy29 Posts: 18,668 ✭✭✭


    << <i>I may have more than I want after tomorrow! >>

    If the new high bid of over $180,000 still doesn't meet the reserve, then I'm guessing you're right...
  • topstuftopstuf Posts: 14,803 ✭✭✭✭✭
    Sounds like one of my old customers. He used to buy coins with QUARTER ROLLS. We cringed to see him coming. And, golly, the rolls were often .....short......imagine that.

  • topstuftopstuf Posts: 14,803 ✭✭✭✭✭
    But.....then again......if you called the OWNER of Capital Plastics and told what you had in mind.....well.....maybe....

    image
  • topstuftopstuf Posts: 14,803 ✭✭✭✭✭
    HOLD IT!!!! I don't like the looks of the 77th coin in the 4th picture. (counting from top left)

    AT if you ask me.

    Retracting MY bid.

  • ShamikaShamika Posts: 18,781 ✭✭✭✭
    Maybe somebody in Vegas would be interested.

    Buyer and seller of vintage coin boards!

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