I bid half of this winning bid
morganbarber
Posts: 1,821 ✭✭✭
auction I really like AU58s in general, and these coins are no exception, but is 1885-S such a good date as to drive the price so high? Is this stupid-money? Am I missing something?
I collect circulated U.S. silver
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I've got news for him.
Still, I wouldn't have paid that much for those coins. I suppose somebody else is seeing crackout profits.
I suspect the buyer is in for an expensive surprise. They might get a break on the New Orleans, but San Fran coins are sharp from the get go. They probably are AU and nothing more. Just wait till they get a grade of AU 50 or 55 when expecting a 63.
John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff