Does this look like a snipe gone bad??

INXS

Not sure if someone just wanted that coin so bad that they were willing to put in a high snipe hoping it wouldnt go that high or this was a snipe gone bad. I searched past auctions and this price is way out there.

LINK

cosmicdebris

Either way the seller's got to be extremely happy.

tlhoy

WhiteLighnin

<< <i> >>

RobHB

Interestingly enough 2 bidders overbid apparently. One at $750 and the winner at $760. A lot more than the bids just prior.

LindeDad

With the three second spread in the top three bids. I would say it was sniping at it's best. The top two bidders really wanted the coin bad, and the seller hasn't even got it back from PCGS yet.
BTW if I put my snipe at $750. And you put your snipe at $1000.00. You will get the coin for $760.00. Probably what happened.

WaterSport

IMHO it went bad with the bid of $50.

WS

flaminio

Two bidders tried nuclear snipes. It happens -- I've seen $20 memory sticks end up "selling" for over $1000 because of this. ("Selling" in quotes because I doubt the buyer paid.)

But in any case, I think the dozen or so underbidders are nuts, too.

ROBERTB

OMFG.......................

Russellp23

Wonder how the completion of that sell will go?

fishcooker

No, there is no such thing as a bad snipe. The buyer bid, period. If it's too high then too bad. Why are these things so hard for people to figure out?

Trinketts

Even $300 is high for this coin...

ziggy29

If I'm the seller, I'm hoping no one's mother just died.

ReleaseTheHounds

Good lord!

Time to send in all my mint set Sacs I guess! lol

TorinoCobra71

Thats gotta be one happy seller!

TorinoCobra71

Shamika

It only takes two to tango!

TWQG

But don't forget the D-mint sacs are already rare in MS69. Just look at the pops.

relayer

I once saw the same thing on a 2001 Buffalo S$1 PCGS PR70DCAM that shot up from $2,000 to $5,025 when two snipes kicked in.

Something tells me that one went unpaid.

jom

<< <i>One at $750 and the winner at $760 >>



LOL. The only "winner" here was the seller who probably paid $3 for the Sac to begin with.

Buyers need to decide what they are willing to pay for a coin beforehand and set the bid accordingly. If someone is dumb enough to put a very high price on a coin and end up getting into a snipe DUEL that is their problem. They deserve what they get. It's not as if there isn't going to be another MS69 fer chrissakes....

jom

fc

hilarious. i cannot even begin to imagine using snipe software and loading it
up with a 750 max for that ugly coin.

edited to add: ugly is harsh. Let me rephrase it to, "I do not care for it".

Myqqy

It's not as if there isn't going to be another MS69 fer chrissakes....

Even if there isn't, that's still to much to pay!!

keets

jpalcoins has been a bidding nemisis of mine at eBay in the past, primarily with Jefferson Nickels, but it's been close to 2 years since i went up against his bids. i had asked here before if anyone knew who that eBay member is but never received a reply from anyone familiar with them. they/he/she is still very active.

NumisMe

It sure must be nice to have sooooo much money!

ms70

<< <i>Two bidders tried nuclear snipes. It happens -- I've seen $20 memory sticks end up "selling" for over $1000 because of this. ("Selling" in quotes because I doubt the buyer paid.)

But in any case, I think the dozen or so underbidders are nuts, too. >>



Yup, I've seen it happen in coins before. They just type in some absurd amount of money for a snipe not realizing someone else is doing the same thing. The winner (or loser, really)
winds up with a winning bid one increment above the lesser absurd snipe bid.

Cameonut

I've also seen this happen several times (once on one of my coins )

The sniping software is working perfectly - but in the hands of two morons you get results like this.

I wish I was the seller and had a second coin to offer to the undermoron on a 'second chance offer'. Think he'd take it?