Tonight's impulse BIN (Viva Italia!)

coinpictures

Italy 1 Lira, 1863 M BN (KM 5a.1). It's the most common type for the date. Looks like it may have some fairly colorful toning. Krause puts UNC at $50 and BU at $150. This was smack dab in the middle at $99 (although in my mind MS65 falls in the BU category as opposed to UNC).

Either way it looks like a very nice example. I see these fairly frequently in low-to-medium grades, but not often in high grade...

CIVITAS

Nice buy. Looks like it might have some attractive blue-green toning near the top on the obverse.

SYRACUSIAN

Very nice. You were lucky that there was a BIN, usually they fight hard for these, especially in gem condition.



PS: And Krause has them undervalued most of the times, at least judging from the auctions that I see.

TheKidCollector1991

Thats a real Beaut you got there!!

newsman

... because I didn't see it first.


Seriously, great catch.

coinpictures

<< <i>

... because I didn't see it first.


Seriously, great catch. >>



Thanks! It hasn't been quite a year yet since I returned to coin collecting and contending with coins on the Bay. I'm finding that I'm doing far more BINning than bidding, especially on slabbed material. It seems that it is a real seller's market and moon money is being paid. If the BIN is anywhere even close to reasonable, I usually BIN rather than risk losing the coin. In this case the opening bid was $50 and the BIN was $99. I was under no illusion that the coin might end up even close to $50 if left to run to completion, and the BIN was not outrageous, so I hit the BIN.

I've had far too many cases over the last 4 months where I've bid rather than BIN, setting my max bid just under the BIN in hopes of possibly getting a better deal, only to watch the snipers fly past the original BIN. If I'm going to set my max bid higher than BIN in order to contend, why not just do the BIN in the first place? Sure there's always the possibility that I might have gotten the coin for less, but I'm seeing that as the exception rather than the rule these days...

This especially seems true of aesthetically appealing no-problem coins in 64 and better.

3Mark

Dan:

I think it was a steal That would usually bring twice as much. I just got one from him and the only thing that bothers me is that this his first attempt (I think) at selling coins. You will notice checking his history that almost all he put up are gone with BIN.3Mark

coinpictures

Of course like an idiot I didn't go back to see what else he was listing today. Oh my GOD, some people got hellacious deals!

I managed to snag the last one left below for $59, but that pales in comparison to the German proof and the Siberian novodel. AUGH!

rhound1977

Nice BINs, I like it.....

coinkat

congrats... excellent pick ups

coinpictures

These are the ones that made me absolutely ill that I missed:

Linky 1

Linky 2

Linky 3

3Mark

<< <i>These are the ones that made me absolutely ill that I missed:

Linky 1

Linky 2

Linky 3 >>



You didn't put up the Dominican Republic that I bought The ultimate steal of the bunch was the Russian piece, although all of them were.3Mark

Preussen

Great finds! - Preussen

coinpictures

<< <i>You didn't put up the Dominican Republic that I bought The ultimate steal of the bunch was the Russian piece, although all of them were.3Mark >>



Well, your Dominican Republic piece only made me mildly queasy, not actually ill...

On a whim I contacted the seller afterwards to ask if he had any more world coins. He had one slab and 2 raw pieces left. He sent pictures and asking prices and we worked out a deal on all 3. I'll post when I receive them. He seems like a very nice guy, great to work with...

SYRACUSIAN

I see a lot of members got some nice coins here, including a good dealer who posted first and was clever enough to check his other items.

Great catches everybody, why don't they ever sell Greek coins with such ridiculously low BINs?

CIVITAS

<< <i>I see a lot of members got some nice coins here, including a good dealer who posted first and was clever enough to check his other items.

Great catches everybody, why don't they ever sell Greek coins with such ridiculously low BINs? >>



What? Huh?! You must have us mistaken for someone else. We're not good dealers....