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Why is this coin so cheap?

CoinOnTheCobCoinOnTheCob Posts: 712
in U.S. Coin Forum
I don't get it. Here is a 1959 Lincoln PR66RD Cam on eBay for $79.99. PCGS's price guide has the coin at $1,250.00. What gives?
imageimage
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Comments

  • RussRuss Posts: 48,514 ✭✭✭
    It's a proof. The PCGS price you quote is for a business strike.

    Russ, NCNE
    eBay consignment sales | | Collectibles from Resco CCC
  • CoinOnTheCobCoinOnTheCob Posts: 712
    Russ, I looked it up under the proof list.
    imageimage
  • RussRuss Posts: 48,514 ✭✭✭
    OOPS! It's a cameo. The PCGS price guide is $1250 - which is WAY high. But, there's still no way the seller would go through with the sale.

    Russ, NCNE
    eBay consignment sales | | Collectibles from Resco CCC
  • GoldbullyGoldbully Posts: 18,113 ✭✭✭✭✭


    << <i>OOPS! It's a cameo. The PCGS price guide is $1250 - which is WAY high. But, there's still no way the seller would go through with the sale.

    Russ, NCNE >>



    Isn't he obligated????
  • GrumpyEdGrumpyEd Posts: 4,749 ✭✭✭
    The cert number doesn't look up.
    I wonder why?
    Ed
  • GoldbullyGoldbully Posts: 18,113 ✭✭✭✭✭


    << <i>The cert number doesn't look up.
    I wonder why? >>



    Bogus sale??

    98.8 feedback is so so
  • RussRuss Posts: 48,514 ✭✭✭
    Whoah! The price guide for Lincolns is totally fubared! Missing bunches of prices, and bunches more at many times normal.

    Russ, NCNE
    eBay consignment sales | | Collectibles from Resco CCC
  • RussRuss Posts: 48,514 ✭✭✭


    << <i><< OOPS! It's a cameo. The PCGS price guide is $1250 - which is WAY high. But, there's still no way the seller would go through with the sale.

    Russ, NCNE >>

    Isn't he obligated???? >>



    Not really. He can refuse and take his neg.

    Russ, NCNE
    eBay consignment sales | | Collectibles from Resco CCC
  • slipgateslipgate Posts: 2,301 ✭✭


    << <i>The cert number doesn't look up.
    I wonder why? >>



    It says, "That Cert is not available for display.", not, "That Cert Number was not found in the database.". Curious!
    My Registry Sets! PCGS Registry
  • GoldbullyGoldbully Posts: 18,113 ✭✭✭✭✭
    From the seller:

    "This coin has been Authenticated, encapsulated, slabbed and graded PR66 RD CAM by PCGS! Most images are representative, illustrative and educational!"


    image
  • lasvegasteddylasvegasteddy Posts: 10,447 ✭✭✭
    totally krazy prices in price guide right now

    it's best to use heritage auction archives
    everything in life is but merely on loan to us by our appreciation....lose your appreciation and see


  • GrumpyEdGrumpyEd Posts: 4,749 ✭✭✭
    On top of the cert number not looking up it also looks funny, the first 1 looks different or just a bad pic.

    Seems strange?
    Ed
  • lasvegasteddylasvegasteddy Posts: 10,447 ✭✭✭
    pcgs price guide is krazy beyond belief
    everything in life is but merely on loan to us by our appreciation....lose your appreciation and see


  • CoinOnTheCobCoinOnTheCob Posts: 712
    I have one I was going to list on Saturday. It's NOT a cam. PCGS puts this @ $400.00.

    image


    I also have a 1960 Small Date, PCGS PR66RD. I saw another one on eBay for way less that PCGS's price guide.

    image

    I'm not sure I'm following you, Russ. The guy listed the coin with a BIN.

    Edited for spelling.
    imageimage
  • GrumpyEdGrumpyEd Posts: 4,749 ✭✭✭
    Looks like Frank snapped it up. image

    Ed
  • gecko109gecko109 Posts: 8,231 ✭
    Maybe a good time to take advantage of the PCGS secured loans?image
  • UtahCoinUtahCoin Posts: 5,366 ✭✭✭✭✭
    Frank just jumped on it....
    I used to be somebody, now I'm just a coin collector.
    Recipient of the coveted "You Suck" award, April 2009 for cherrypicking a 1833 CBHD LM-5, and April 2022 for a 1835 LM-12, and again in Aug 2012 for picking off a 1952 FS-902.
  • TennesseeDaveTennesseeDave Posts: 4,814 ✭✭✭✭✭
    I'm looking in the last issue of the Pcgs Rare Coin Market Report magazine that I got in May and the price for that coin in PR-66 Cameo is $60.Deep cameo is $130
    Trade $'s
  • GoldbullyGoldbully Posts: 18,113 ✭✭✭✭✭
    Mr. Frank snagged her!!!!! image
  • lasvegasteddylasvegasteddy Posts: 10,447 ✭✭✭
    here's a $12,500 pr66dcam 1971-s closing soon...lol
    1971-s pr66dcam
    everything in life is but merely on loan to us by our appreciation....lose your appreciation and see


  • ziggy29ziggy29 Posts: 18,668 ✭✭✭
    The proof Memorials are not aligned with the wheats in terms of grades. Notice everything skewed two columns to the left. The column for 70 is third from the right, not the rightmost column.

    This is a $60 coin in 66RD CAM.
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>that's rick tomasaka...it's a legit coin n cert just pcgs price guide is krazy beyond belief >>



    That isn't Rick.

    Russ, NCNE
    eBay consignment sales | | Collectibles from Resco CCC
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>I have one I was going to list on Saturday. It's NOT a cam. PCGS puts this @ $400.00. >>



    It's more like a $30 coin.

    Russ, NCNE
    eBay consignment sales | | Collectibles from Resco CCC
  • GoldbullyGoldbully Posts: 18,113 ✭✭✭✭✭


    << <i>I'm looking in the last issue of the Pcgs Rare Coin Market Report magazine that I got in May and the price for that coin in PR-66 Cameo is $60.Deep cameo is $130 >>



    That same guide shows a 1959 PR69CAM @ $1250
  • TennesseeDaveTennesseeDave Posts: 4,814 ✭✭✭✭✭


    << <i>I'm looking in the last issue of the Pcgs Rare Coin Market Report magazine that I got in May and the price for that coin in PR-66 Cameo is $60.Deep cameo is $130 >>

    Trade $'s
  • UtahCoinUtahCoin Posts: 5,366 ✭✭✭✭✭
    The seller is a guy in Ogden, UT. Sells a lot of Wisconsin extra leaf quarters.
    I used to be somebody, now I'm just a coin collector.
    Recipient of the coveted "You Suck" award, April 2009 for cherrypicking a 1833 CBHD LM-5, and April 2022 for a 1835 LM-12, and again in Aug 2012 for picking off a 1952 FS-902.
  • CoinOnTheCobCoinOnTheCob Posts: 712


    << <i>The proof Memorials are not aligned with the wheats in terms of grades. Notice everything skewed two columns to the left. The column for 70 is third from the right, not the rightmost column.

    This is a $60 coin in 66RD CAM. >>


    Oh, 10-4, I see what happened. Thanks.
    imageimage
  • GoldbullyGoldbully Posts: 18,113 ✭✭✭✭✭
    So where's Frank?????????????????????????????????????
  • lasvegasteddylasvegasteddy Posts: 10,447 ✭✭✭
    good gawd this will be krazy as people will be thinking they're ripping coins

    shoot normally pcgs guide has the 71-s as a major item from 68dcam up...now it shows like 66dcam is top pop

    i know pcgs guarentees coins...just not so sure they guarentee price guide based purchasing
    everything in life is but merely on loan to us by our appreciation....lose your appreciation and see


  • GrumpyEdGrumpyEd Posts: 4,749 ✭✭✭
    This is why I use the cert lookup, the 71-s says $30.
    If I try looking it up myself I'll goof it up image
    Ed
  • seanqseanq Posts: 8,755 ✭✭✭✭✭


    << <i>So where's Frank????????????????????????????????????? >>



    I think he went off for a drink to celebrate ripping that $60 coin for only $79.99. image


    Sean Reynolds
    Incomplete planchets wanted, especially Lincoln Cents & type coins.

    "Keep in mind that most of what passes as numismatic information is no more than tested opinion at best, and marketing blather at worst. However, I try to choose my words carefully, since I know that you guys are always watching." - Joe O'Connor
  • CoinOnTheCobCoinOnTheCob Posts: 712
    PCGS has fixed the price guide.
    imageimage
  • ziggy29ziggy29 Posts: 18,668 ✭✭✭


    << <i>PCGS has fixed the price guide. >>

    I always saw this coin at $60. I assumed the $1250 you saw was in the 69CAM column, which is the same column used for the PR66 wheaties. If you went straight down in the 66 column in the wheats, you'd be in the 69 column for the Memorials. Is that not what happened?
  • GoldbullyGoldbully Posts: 18,113 ✭✭✭✭✭


    << <i>PCGS has fixed the price guide. >>



    That was fast.


    image
  • NumbersUsacomNumbersUsacom Posts: 1,457 ✭
    If you would like another, two more are being offerd at 99.00 BIN as I speak, well .....maybe they are still there.
    NumbersUsa, FairUs, Alipac, CapsWeb, and TeamAmericaPac
  • GrumpyEdGrumpyEd Posts: 4,749 ✭✭✭
    "I have one I was going to list on Saturday. It's NOT a cam. PCGS puts this @ $400.00."

    image


    Looks like $30 in the correct column.

    Ed
  • CoinOnTheCobCoinOnTheCob Posts: 712


    << <i>Looks like $30 in the correct column. >>


    Yeah, it's been fixed. It never occured to me that the columns could be out-a-whack.
    imageimage
  • BochimanBochiman Posts: 25,625 ✭✭✭✭✭


    << <i>

    << <i>So where's Frank????????????????????????????????????? >>



    I think he went off for a drink to celebrate ripping that $60 coin for only $79.99. image


    Sean Reynolds >>



    I hope he keeps up his end of the bargain and pays....it is a binding contract afterall image

    I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment

  • GoldbullyGoldbully Posts: 18,113 ✭✭✭✭✭


    << <i>

    << <i>PCGS has fixed the price guide. >>



    That was fast.


    image >>



    From May 2008 Rare Coin Market Report.....................

    image
  • julie43julie43 Posts: 261


    << <i>

    << <i>PCGS has fixed the price guide. >>



    That was fast.


    image >>

    Well there are PCGS employees on this board, I'm sure they notified the mother shipimage
  • FrankcoinsFrankcoins Posts: 4,572 ✭✭✭
    Does the PCGS guarantee apply here image
    Frank Provasek - PCGS Authorized Dealer, Life Member ANA, Member TNA. www.frankcoins.com
  • UtahCoinUtahCoin Posts: 5,366 ✭✭✭✭✭
    Hey Frank,
    Just offer him $10 to let you out of the deal.
    I used to be somebody, now I'm just a coin collector.
    Recipient of the coveted "You Suck" award, April 2009 for cherrypicking a 1833 CBHD LM-5, and April 2022 for a 1835 LM-12, and again in Aug 2012 for picking off a 1952 FS-902.
  • CoinOnTheCobCoinOnTheCob Posts: 712
    Sorry, Frank ...image
    imageimage
  • seanqseanq Posts: 8,755 ✭✭✭✭✭


    << <i>Does the PCGS guarantee apply here image >>



    Nope, but thanks, I just won $5 betting that you would somehow blame PCGS for this. image

    You sell a lot on eBay (or used to), what would you say to a bidder if he wrote you with this story after winning one of your auctions? "I'm terribly sorry, but I only bid because I thought you had listed it for 10% of the current market value...."


    Sean Reynolds
    Incomplete planchets wanted, especially Lincoln Cents & type coins.

    "Keep in mind that most of what passes as numismatic information is no more than tested opinion at best, and marketing blather at worst. However, I try to choose my words carefully, since I know that you guys are always watching." - Joe O'Connor
  • FrankcoinsFrankcoins Posts: 4,572 ✭✭✭


    << <i>

    << <i>Does the PCGS guarantee apply here image >>



    Nope, but thanks, I just won $5 betting that you would somehow blame PCGS for this. image

    You sell a lot on eBay (or used to), what would you say to a bidder if he wrote you with this story after winning one of your auctions? "I'm terribly sorry, but I only bid because I thought you had listed it for 10% of the current market value...."


    Sean Reynolds >>



    What makes you think I will not honor my bid, or that I would contact the seller with an excuse? I have never refused to pay for a coin that I bid on, even if I made a mistake in bidding.
    Frank Provasek - PCGS Authorized Dealer, Life Member ANA, Member TNA. www.frankcoins.com
  • UnknownUnknown
    This content has been removed.
  • WinPitcherWinPitcher Posts: 27,726 ✭✭✭
    Interesting, sorta like a rip in reverse.


    Steve
    Good for you.
  • CoinOnTheCobCoinOnTheCob Posts: 712
    I never wanted to buy that coin, Realone. I was just curious why there was such a huge discrepancy between the price guide and the BIN. I messed up.
    imageimage
  • 19Lyds19Lyds Posts: 26,492 ✭✭✭✭
    The price guide appears to have been corrected and now reflects this coin as PR66RD CAM - $60
    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!
  • 19Lyds19Lyds Posts: 26,492 ✭✭✭✭


    << <i>The price guide appears to have been corrected and now reflects this coin as PR66RD CAM - $60 >>



    A day late and a dollar short!

    Again!

    Oh well...........
    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!

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