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1886 Type 2 NGC MS66BN Cent Price Rising Exponentially...

airplanenutairplanenut Posts: 22,380 ✭✭✭✭✭
in U.S. Coin Forum
This is interesting...

Found the auction on eBay with a PCGS price of $30k listed. I figured that was ridiculous, so I went to Heritage... the only results for the grade are the same coin...

Four Days Left, Pushing $2500
2/21/06, $920
9/21/05 $690
1/28/04 $1875... ok, so this guy took a hit allowing the coin to rise back up

What I want to know is where the seller found a prices realized of $32k...
JK Coin Photography - eBay Consignments | High Quality Photos | LOW Prices | 20% of Consignment Proceeds Go to Pancreatic Cancer Research

Comments

  • RussRuss Posts: 48,514 ✭✭✭


    << <i>What I want to know is where the seller found a prices realized of $30k... >>



    He didn't. He's using the PCGS price guide.

    Russ, NCNE
    eBay consignment sales | | Collectibles from Resco CCC
  • RussRuss Posts: 48,514 ✭✭✭
    Wait a minute. He's using a PCGS price he made up. image

    Russ, NCNE
    eBay consignment sales | | Collectibles from Resco CCC
  • airplanenutairplanenut Posts: 22,380 ✭✭✭✭✭


    << <i>

    << <i>What I want to know is where the seller found a prices realized of $30k... >>



    He didn't. He's using the PCGS price guide.

    Russ, NCNE >>

    He writes: "Price realized = $32,000.00 NGC MS-66BN" which is higher than the PCGS price... my mistake on saying $30k.
    JK Coin Photography - eBay Consignments | High Quality Photos | LOW Prices | 20% of Consignment Proceeds Go to Pancreatic Cancer Research
  • RussRuss Posts: 48,514 ✭✭✭
    Yeah, just saw that. I sent him an eMail asking for a link to the auction.

    Russ, NCNE
    eBay consignment sales | | Collectibles from Resco CCC
  • airplanenutairplanenut Posts: 22,380 ✭✭✭✭✭


    << <i>Yeah, just saw that. I sent him an eMail asking for a link to the auction.

    Russ, NCNE >>

    I beat you to that part image
    JK Coin Photography - eBay Consignments | High Quality Photos | LOW Prices | 20% of Consignment Proceeds Go to Pancreatic Cancer Research
  • LakesammmanLakesammman Posts: 17,454 ✭✭✭✭✭
    Maybe he's looking at red prices?? A 66R sold for 52K a few years ago.
    "My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose, Cardinal.
  • robertprrobertpr Posts: 6,862 ✭✭✭


    << <i>Yeah, just saw that. I sent him an eMail asking for a link to the auction.

    Russ, NCNE >>



    It's a cut and paste job from this page.
  • STEWARTBLAYNUMISSTEWARTBLAYNUMIS Posts: 2,697 ✭✭✭✭
    Tim
    A PROOF 66 red sold for $52,000 and then resold a year later for $30,000

    Stewart
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>It's a cut and paste job from this page. >>



    So, the seller lied to me with this response?



    << <i>I dont have a link. I found a Christies auction from 2001, out of Savannah, Ga. by digging deep in about.com. According to the article the population was 0/0 with 1 NGC 66BN at that time. The auction price realized was $31,900.
    Thank You For Looking,
    jacp67 >>



    I'm shocked. image

    Russ, NCNE
    eBay consignment sales | | Collectibles from Resco CCC
  • airplanenutairplanenut Posts: 22,380 ✭✭✭✭✭


    << <i>

    << <i>It's a cut and paste job from this page. >>



    So, the seller lied to me with this response?



    << <i>I dont have a link. I found a Christies auction from 2001, out of Savannah, Ga. by digging deep in about.com. According to the article the population was 0/0 with 1 NGC 66BN at that time. The auction price realized was $31,900.
    Thank You For Looking,
    jacp67 >>



    I'm shocked. image

    Russ, NCNE >>

    Hmmm... their auction archives don't have Georgia...
    JK Coin Photography - eBay Consignments | High Quality Photos | LOW Prices | 20% of Consignment Proceeds Go to Pancreatic Cancer Research
  • LakesammmanLakesammman Posts: 17,454 ✭✭✭✭✭
    Stewart:

    You got me - I was thinking of the MS66R at the Gugelman sale but it brought only 48K - that's the coin I was thinking of. image
    "My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose, Cardinal.
  • robertprrobertpr Posts: 6,862 ✭✭✭
    Savannah, huh?

    What is it about that town?
  • rheddenrhedden Posts: 6,632 ✭✭✭✭✭
    This discussion is pretty funny already, but looking at the coin in the auction, I'd say that it is an AU-58 in a 66 slab. Just look at the discoloration on the high points near the Indian's hair ribbon. Would any of you buy that coin "raw" at a coin show and pay 66 money for it?

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