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Can smoeone explain why this coin is so expensive?

Comments

  • JamminJJamminJ Posts: 1,413 ✭✭✭
    Seller is out of his mind. Fair price: maybe $20, tops. I personally would go $10.

    -JamminJ
  • XpipedreamRXpipedreamR Posts: 8,059 ✭✭
    image
  • laurentyvanlaurentyvan Posts: 4,243 ✭✭✭
    Not the first time I've seen this coin at this stupid price. I can't believe this seller thinks he'll get it, so having an item listed on E-Bay in this price range has to benefit him somehow.

    Any ideas?
    One of the penalties for refusing to participate in politics
    is that you end up being governed by inferiors. – Plato
  • JamminJJamminJ Posts: 1,413 ✭✭✭


    << <i>Any ideas? >>



    So it looks like a bargain when the price is reduced to $99,000? Maybe he just wants one of his coins to show up when sorting by most expensive.

    -JamminJ
  • Seller is out of his mind for sure........image
  • Seems fair. He is only charging $172,484.00 for the toning.

    Steve
  • spoonspoon Posts: 2,798 ✭✭✭


    << <i>So it looks like a bargain when the price is reduced to $99,000? Maybe he just wants one of his coins to show up when sorting by most expensive. >>

    Sounds about right.. that, or the seller is a jackass. image
  • AethelredAethelred Posts: 9,288 ✭✭✭
    That seller is daft Frank!
    If you are in the Western North Carolina area, please consider visiting our coin shop:

    WNC Coins, LLC
    1987-C Hendersonville Road
    Asheville, NC 28803


    wnccoins.com
  • ajaanajaan Posts: 17,445 ✭✭✭✭✭
    A buyer would be more daft.

    DPOTD-3
    'Emancipate yourselves from mental slavery'

    CU #3245 B.N.A. #428


    Don
  • AethelredAethelred Posts: 9,288 ✭✭✭


    << <i>A buyer would be more daft. >>



    Thats true!
    If you are in the Western North Carolina area, please consider visiting our coin shop:

    WNC Coins, LLC
    1987-C Hendersonville Road
    Asheville, NC 28803


    wnccoins.com
  • theboz11theboz11 Posts: 6,576 ✭✭✭
    Sure am glad you guys warned me,,I didn't have a rusted sower,,I guess i'll pass on this one tooimage
  • MSD61MSD61 Posts: 3,382
    *just shakes his head*
  • AskariAskari Posts: 3,713
    Reminds me of that guy in an earlier thread who was posting similar niceties at outrageous prices just to draw attention to his auctions. Of course, this guy may have seen that one too and thought it was a real price.
    Askari



    Come on over ... to The Dark Side! image
  • How much commission he needs to pay if somebody did put a bid on it and not gonna pay it? image
  • newsmannewsman Posts: 2,658 ✭✭✭


    << <i>Reminds me of that guy in an earlier thread who was posting similar niceties at outrageous prices just to draw attention to his auctions. Of course, this guy may have seen that one too and thought it was a real price. >>



    I think it's the same guy. image


  • << <i>

    << <i>Reminds me of that guy in an earlier thread who was posting similar niceties at outrageous prices just to draw attention to his auctions. Of course, this guy may have seen that one too and thought it was a real price. >>



    I think it's the same guy. image >>





    It is the same guy. Someone had emailed him back then, and his long response was full of surprises. I wonder if anybody remembers where this thread is.
    Dimitri



    DPOTD-1


  • << <i>Sure am glad you guys warned me,,I didn't have a rusted sower,,I guess i'll pass on this one tooimage >>




    Why pass??? With this cheap price it won't last long..Plus you can ask for free shipping..image
  • Well, the coin isn't worth much actually, at 6:00 on the obverse, someone inked in or wrote on the coin
    a code. It could be an old inventory or attribution code.
    So it's a damaged coin in the current world.
    Maybe a little over melt value now.
    image
  • Free shipping though.
    "It is good for the state that the people do not think."

    Adolf Hitler


  • << <i>Look at the link in my last post.image >>





    Thanks CoinAddict, I hadn't noticed the link. image


    So, here's his response:

    <<
    1


    Sunday August 22, 2004 10:37 PM

    Subscribe to this thread Email this thread to someone User is online View users profile Send user a private message View thread in raw text format

    BTW, I had asked him his rationale for this and did get a response from him.



    << Hi Jeff,

    Thanks for your response. I'm puzzled though -- knowing it won't sell, why bother listing it at all (and paying the listing fees)? I beg your pardon, but that doesn't make any sense to me?

    Mark >>




    Hi Mark,

    Thank you for your question.

    There are a number of reasons for listing such coins. First of all, I don't know that it won't sell; I just don't expect it to and I don't really care whether it does or not. Anything is possible. Secondly, my listing cost is only 2 cents per month or 24 cents per year so the listing fees are negligible. Third, by showing that I like this type of coin, I have received offers from sellers of this type of coin and have purchased coins from those who have contacted me having seen this coin or listings like it. It advertises to interested parties that I am actively seeking such coins and willing to pay high prices to get them. I am a collector, too, and not just a seller. Fourth, the coin displays my skill at photographing coins and others have contacted me to photograph their coins if I can get them to look this good and have compensated me handsomely for this service. So I supplement by coin selling business with coin photography services. Fifth, others see that I am capable of consigning high value coins (which I think this is) and have been willing to consign me their coins which I have sold without risk and guaranteed profit. This also gives me the added pleasure of adding more coins, and occasionally rare coins than I might otherwise handle. Sixth, it gives my customers or potential customers the pleasure, when browsing my store, of seeing one of the most beautiful coins in the world. Seventh, I have my coin available on the Internet, as I travel, to show anyone, anywhere using the Internet this particular coin should I choose to sell it or trade it for something else. I do not like to carry these coins with me and by having the listing available I can direct them to view it easily and conveniently by simply providing an eBay listing number. Eighth, it provides evidence that I want my store to provide all types of coins to all types of buyers in a wide variety of collecting interests. Ninth, reactions to this listing inform me about a certain percentage of the coin buying population and coin selling population on eBay. Tenth, it informs potential buyers about my love of coins and the type of collector I am. The astute observer can discern that I price my coins on the basis of how averse I am to parting with them. I am less likely to sell or negotiate on the price of a coin if I value it highly. Eleventh, the listing, when compared with other listings in my store, many of which are below Greysheet bid, shows that I am not in the least bit greedy or interested in money and have many coins at reasonable prices but some coins that I will not part with easily. Twelfth, the coin is accurately graded, described, identified, and attributed, so the listing informs my customers that I am an honest dealer and know my coins though it also admittedly shows that I am eccentric. Thirteenth, the listing of the coin provides valuable information to specialists of this series or of French coinage in general since they can download the photo and examine it at their leisure and compare the coin with other specimens in their own collection. We can then exchange information about varities, die marriages, wear characteristics, grading, toning, rarity, and so on, which has enriched my numismatic knowledge on many occasions and has enriched the knowledge of other collectors. I have made numerous friends in the worldwide coin collecting community in this way and have learned a great deal.

    That's a quick answer off the top of my head. It still may not make sense to you but that's fine with me.

    Hope this was helpful.

    Jeff >>
    Dimitri



    DPOTD-1


  • << <i>There are a number of reasons for listing such coins. First of all, I don't know that it won't sell; I just don't expect it to and I don't really care whether it does or not. Anything is possible. Secondly, my listing cost is only 2 cents per month or 24 cents per year so the listing fees are negligible. Third, by showing that I like this type of coin, I have received offers from sellers of this type of coin and have purchased coins from those who have contacted me having seen this coin or listings like it. It advertises to interested parties that I am actively seeking such coins and willing to pay high prices to get them. I am a collector, too, and not just a seller. Fourth, the coin displays my skill at photographing coins and others have contacted me to photograph their coins if I can get them to look this good and have compensated me handsomely for this service. So I supplement by coin selling business with coin photography services. Fifth, others see that I am capable of consigning high value coins (which I think this is) and have been willing to consign me their coins which I have sold without risk and guaranteed profit. This also gives me the added pleasure of adding more coins, and occasionally rare coins than I might otherwise handle. Sixth, it gives my customers or potential customers the pleasure, when browsing my store, of seeing one of the most beautiful coins in the world. Seventh, I have my coin available on the Internet, as I travel, to show anyone, anywhere using the Internet this particular coin should I choose to sell it or trade it for something else. I do not like to carry these coins with me and by having the listing available I can direct them to view it easily and conveniently by simply providing an eBay listing number. Eighth, it provides evidence that I want my store to provide all types of coins to all types of buyers in a wide variety of collecting interests. Ninth, reactions to this listing inform me about a certain percentage of the coin buying population and coin selling population on eBay. Tenth, it informs potential buyers about my love of coins and the type of collector I am. The astute observer can discern that I price my coins on the basis of how averse I am to parting with them. I am less likely to sell or negotiate on the price of a coin if I value it highly. Eleventh, the listing, when compared with other listings in my store, many of which are below Greysheet bid, shows that I am not in the least bit greedy or interested in money and have many coins at reasonable prices but some coins that I will not part with easily. Twelfth, the coin is accurately graded, described, identified, and attributed, so the listing informs my customers that I am an honest dealer and know my coins though it also admittedly shows that I am eccentric. Thirteenth, the listing of the coin provides valuable information to specialists of this series or of French coinage in general since they can download the photo and examine it at their leisure and compare the coin with other specimens in their own collection. We can then exchange information about varities, die marriages, wear characteristics, grading, toning, rarity, and so on, which has enriched my numismatic knowledge on many occasions and has enriched the knowledge of other collectors. I have made numerous friends in the worldwide coin collecting community in this way and have learned a great deal.

    That's a quick answer off the top of my head. It still may not make sense to you but that's fine with me. >>





    What a whole bunch of #@&amp;*^*%&*%$!)(~^*&&$^$#^%#$, I'm really confused now! image
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