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Rattler holder - another ebay high flyer MS62 $10 Indian

roadrunnerroadrunner Posts: 28,313 ✭✭✭✭✭
Wow. This one really surprised me. The MS62 1926 $10 Indian looked clean enough to be a solid 63, maybe even 64. Two bidders took this to 63++ land ($1425) Good old Centsles got beat out on this one. Last one I tracked he snuck out a win like he usually does. So if this only goes 63 what does the winner do? What it it goes 62? The left side of the obv photo is pretty much in the dark. The rest of it looks 64ish.

First gen MS62 $10 Indian

roadrunner
Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold

Comments

  • coinguy1coinguy1 Posts: 13,484 ✭✭✭
    I think that's a very foolish purchase/bad gamble at $1425 for an MS62. A dealer currently has some PCGS MS63's available at $1130 and 64's at $1650 on CCE.
  • coinkatcoinkat Posts: 23,881 ✭✭✭✭✭
    Weren't these at 1800 or so for 63's about 3-4 months ago?

    Experience the World through Numismatics...it's more than you can imagine.

  • roadrunnerroadrunner Posts: 28,313 ✭✭✭✭✭
    Mark, I'll bet those CCE coins are on the very average to doggy side.
    But I do have to agree paying $1425 to hope to make $200 on a downside risk of $300 is pretty inane. There's a return privilege I guess one can bail out. But it's poor form after 2 guys run the thing up to $300 above the next guy's bid.

    The mine is bigger than yours syndrome.

    Yes, MS63's had reached over $1800 back in May. I think they were as high as $2100. The 64's reached to $2800. All of it on manipulatoin by market-makers. What goes up fast, comes down fast in most cases.

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • coinguy1coinguy1 Posts: 13,484 ✭✭✭
    <<Weren't these at 1800 or so for 63's about 3-4 months ago? >>

    I don't remember precisely, but that sounds about right.

    <<Mark, I'll bet those CCE coins are on the very average to doggy side.
    But I do have to agree paying $1425 to hope to make $200 on a downside risk of $300 is pretty inane. There's a return privilege I guess one can bail out. But it's poor form after 2 guys run the thing up to $300 above the next guy's bid.>>

    RR, those CCE coins might be doggy, but at least they are already in MS63 holders, something the Ebay piece might never be, for all we know. And, even if it up-grades a point, it's still a financial loser, which the odds and experience tell me, is a very bad gamble. image
  • coinkatcoinkat Posts: 23,881 ✭✭✭✭✭
    I guess I haven't followed these because 1130 almost sounds too good to be true.

    Experience the World through Numismatics...it's more than you can imagine.

  • roadrunnerroadrunner Posts: 28,313 ✭✭✭✭✭
    $1130 may not be low enough considering they started out at around $625 just 18 months ago. That's when the specs started playing with the bids. Might still be some consolidating still to go.

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • 19Lyds19Lyds Posts: 26,492 ✭✭✭✭
    Whats up with centsles getting two $1400 bids in there? I thought one bid had to at least be higher than the previous bid.
    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
  • the coin will 64 just because of luster. It has the marks of a 63 but the eye appeal will boost it

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