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Why would a 1909 NGC 64RD IHC be going for $1500 (No this is not a San Fran coin)

CaptainRonCaptainRon Posts: 1,189 ✭✭
in U.S. Coin Forum
The only variety I know of for 1909 is the L over L variety, and I have never really see them draw much of a premium, what am I missing here?

Auction Link
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Comments

  • DRUNNERDRUNNER Posts: 3,868 ✭✭✭✭✭
    Um . . . . it doesn't make sense. Auction or bidding error? This is about a $180-$200 coin I think.

    Drunner
  • jimmymacjimmymac Posts: 505 ✭
    could it be anything that is Lincoln and 1909, sellers, buyers, collectors and investors are putting a premium on them in anticipation for the run-up to 2009 and the anniversary of the Lincoln penny and the new penny being minted - seems kind of early for this, but who knows - it could get crazy.
    currently putting together a EF/AU/BU 18th & 19th Century Type Set; and CC Morgan Set

    just completed 3d tour to Iraq and retired after 28+ years in the US Army
  • RichieURichRichieURich Posts: 8,485 ✭✭✭✭✭
    Not even worth that much if it's a proof!

    An authorized PCGS dealer, and a contributor to the Red Book.

  • lasvegasteddylasvegasteddy Posts: 10,408 ✭✭✭
    enterred wrong amount???and won...;-(
    everything in life is but merely on loan to us by our appreciation....lose your appreciation and see


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