I bid moon money and......

Crazy4Coins

.....still got blown out of the water!!!

Unbelievable...I thought by bidding "double bid" on a couple Bust Halves in ANR's auction (The New York Connoisseur's
Collection) that I would have at least come away with something. Not even close. Some of the coins went for 3x/4x bid..Insane!!

At what point do you decide it's time to SELL...SELL...SELL it all.

DUIGUY

Bust halfs = HOT !! Moon money won't cut it , try Mars money !

CarlWohlforth

<<At what point do you decide it's time to SELL...SELL...SELL it all>>

Try your worst one. If it goes for 2x then sell them all!!!!

wayneherndon

Those three Bust Halves were incredible. I'm not surprised to see them go at this level.

WH

coinlieutenant

Did anyone here win the 1811?

tradedollarnut

Oh, I just started another thread with pics - didn't see this thread ... sorry!

mozin

I am glad I do not collect MS Bust Half Dollars. Those prices realized were totally out of this world.

291fifth

Don't wait until the market tops. What is red hot today may be ice cold tomorrow. Irrational exuberance now seems evident in several segments of the coin market.

oreville

291fifth: Indeed we are in the middle of a bull market. Irrational exuberance? Not quite yet but we are getting closer.

Fountainhead

Not irrational exuberance. Coins that were not tip-top aren't going for moon money. When that happens, then we'll know.

morgannut2

I drove 2 hours to bid on one stupid Morgan. The same date before it in PCGS MS-65 went for $1,100 --15% back of bid and Trends of $2,100. On the next (a PCGS MS64pl--"my" coin for sure), I went $6,100 total, and still lost it to some phone bidder- A super original fresh attractive undergraded eye appealing coin--but more than 5 times the gem???????

It wasn't just the Connesour's top bust halfs that people loved--he had a damn good eye it seems. I heard more than one dealer say they're calling old customers to sell top material--expect more!

ziggy29

I'm seriously coming closer and closer to deciding to sell a LOT of coins while the getting is good. It's just insane. Every once in a while people are talking about our topping out or that the market has peaked, and I just don't see it.

morgannut2

If you can go through a bunch of auction lots at a show and you can say your coins have seriously more eye appeal or "the look" in comparison, plus are ultra original--- Now's the time to sell. You might get lucky if the web bidders buy your other average white coins--but a ton of this material no sales or goes for dirt--

That was the point of my post of the $6300 MS64 Morgan verses the same date $1350 MS65 Morgan.

RYK

Next time, bid Blue Moon Money™. You will surely be satisfied.

majorbigtime

Hey, at least it wasn't Blue Moon money!!

morgannut2

When I bid Blue Moon Money and win, something more sensitive starts to turn blue too!!

Bear

I have always felt that Premium Quality, natural toned,

unmessed with Bust material was listed at 50% of its true value.

2X or 3X for premo stuff may in fact not be out of line with reality.

It just may be the right material reaching its actual value based on

high demand for original coins.

tradedollarnut

I have always felt that Premium Quality, natural toned,

unmessed with Bust material was listed at 50% of its true value.

2X or 3X for premo stuff may in fact not be out of line with reality.

It just may be the right material reaching its actual value based on

high demand for original coins.

Very well put, Bear. List prices are for 'average' coins. These coins were far from average. One coin I really liked from that set was the 1819 half - it was fresh, original and very attractive. It didn't have monster color, yet still brought $10k hammer.