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The FUN bids for Heritage are shaping up much better than I'd have thought!

saintgurusaintguru Posts: 7,727 ✭✭✭
in U.S. Coin Forum
Perhaps the coin market isn't as bad as people thought. image
image

Comments

  • StellaStella Posts: 708 ✭✭✭✭✭
    This is likely a direct result of my bids. I have been supporting the market. image

    Actually, this is not entirely a humorous post. Some of my (reasonable) bids have been outbid, but I am currently the high bidder on others.
    Coin collector since childhood and New York Numismatist at Heritage Auctions.
  • ColonialCoinUnionColonialCoinUnion Posts: 10,087 ✭✭✭
    Nothing good will go cheap.
    Coin Rarities Online
  • saintgurusaintguru Posts: 7,727 ✭✭✭
    I'm really intrigued with the $5 1815.....what an AMAZING RARITY!!

    It seems to be quite unappreciated...no threads on this incredible rarity...12 known, mintage 635!! I handled one at the Smithsonian but for the life of me I don't remember what it graded amongst us. We were passing so many Capped Bust gold pieces around you would have thought these rarest of rare coins were COMMON!image
    image
  • saintgurusaintguru Posts: 7,727 ✭✭✭
    HERE....

    ONE TRULY GORGEOUS RARITY!!
    image
  • RichieURichRichieURich Posts: 8,523 ✭✭✭✭✭


    << <i>I'm really intrigued with the $5 1815.....what an AMAZING RARITY!!

    It seems to be quite unappreciated...no threads on this incredible rarity...12 known, mintage 635!! I handled one at the Smithsonian but for the life of me I don't remember what it graded amongst us. We were passing so many Capped Bust gold pieces around you would have thought these rarest of rare coins were COMMON!image >>



    No threads on the 1815 half eagle? SG, you've been taking too many meds!image

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

  • sinin1sinin1 Posts: 7,500 ✭
    my bids have all been passed

    a couple took giant jumps when reserve was released
  • COALPORTERCOALPORTER Posts: 2,900 ✭✭
    Funny how you would link to a session 6 coin that DID NOT sticker image
    I'd have to agree- doesn't look MS64 image good call
  • saintgurusaintguru Posts: 7,727 ✭✭✭
    Hey Rich!!

    I can't corner the stock market and read every thread. Seems there's some debate on the grade. It sure looks nice to me but the one I saw in DC was a stunning Gem+!!

    FWIW those old catalogues were so innacurate with those verbal grades. The Eliasberg 1921 Saint was graded AU58 yet is actually an MS65 now and every bit the grade.
    image
  • RYKRYK Posts: 35,799 ✭✭✭✭✭


    << <i>Nothing good will go cheap. >>



    Nothing cheap will go good. image

    Edit: The coins that I am tracking at Heritage are not looking so strong at this point, with a few exceptions. I think that the volume of patterns and the overall quality will lead to some er, bargains.
    My Box of 20: https://pcgs.com/setregistry/collectors-showcase/box-20/ryks-gold-box-20/17132
  • ColonialCoinUnionColonialCoinUnion Posts: 10,087 ✭✭✭
    OK, I'll qualify my comment to say that Nothing extra-super-good will go cheap.
    Coin Rarities Online
  • BearBear Posts: 18,953 ✭✭✭
    There is a whole lot of garbage in the Bust Halves.
    There once was a place called
    Camelotimage
  • rld14rld14 Posts: 2,390 ✭✭✭
    The higher priced items that I have my eye on have a loooong way to go IMO, especially for the '16, which is a specific coin that Heritage has sold 2 times before in the past few years, for $100k and then $75k.. wonder what's next?

    http://coins.ha.com/common/view_item.php?Sale_No=1121&Lot_No=3801

    This is cheap as it should be, FH my tuckus...

    http://coins.ha.com/common/view_item.php?Sale_No=1121&Lot_No=3807

    This is scarce...

    http://coins.ha.com/common/view_item.php?Sale_No=1121&Lot_No=3806

    Not a 63 and typical SLQ Overgrading, sorry, "Market Grading" of key dates... , but a 27-S is super duper rare with a full noggin... Even with the glaring issues I would have expected to see this guy past $9,500 by now.

    http://coins.ha.com/common/view_item.php?Sale_No=1121&Lot_No=3825
    Bear's "Growl of Approval" award 10/09 & 3/10 | "YOU SUCK" - PonyExpress8|"F the doctors!" - homerunhall | I hate my car
  • richardshipprichardshipp Posts: 5,647 ✭✭✭
    This news does not make me a happy collector....
  • seateddimeseateddime Posts: 6,180 ✭✭✭
    some are good, some look like there are still no bidders at all
    I seldom check PM's but do check emails often jason@seated.org

    Buying top quality Seated Dimes in Gem BU and Proof.

    Buying great coins - monster eye appeal only.
  • ziggy29ziggy29 Posts: 18,668 ✭✭✭
    I still see no end in sight to the strength in the high end of the coin market, for quality stuff that's a cut or two above most of the rest. At this point it's a runaway train and I'm not sure anything can stop it short of absolute economic meltdown.

    The only stuff that is likely to plummet in the months ahead is the average recycled schlock that's not particularly PQ or high-quality for the grade. But this is nothing new. Bifurcation marches on.
  • PerryHallPerryHall Posts: 46,553 ✭✭✭✭✭


    << <i>I still see no end in sight to the strength in the high end of the coin market............ >>



    How do you see the market for coins that middle class collectors can actually afford to buy?

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • BAJJERFANBAJJERFAN Posts: 31,180 ✭✭✭✭✭
    Kind of a hokey lookin portrayal of Ms Liberty on that coin if you ask me. I'm sure the coin is desireable to some/many , but that image on the obverse does not provoke me to want to own it.
    theknowitalltroll;
  • illini420illini420 Posts: 11,466 ✭✭✭✭✭
    Haven't seen eBay flooded with Heritage lots yet. Are they done with eBay???? That would be good as I wouldn't miss their keyword spamming w/ PCGS and NGC in every title as they list the populations, but it would also be bad as I sometimes found lots in eBay searches which are much easier than the Heritage search... Did I miss the Memo??

    Michael Kittle Rare Coins --- 1908-S Indian Head Cent Grading Set --- No. 1 1909 Mint Set --- Kittlecoins on Facebook --- Long Beach Table 448

  • PerryHallPerryHall Posts: 46,553 ✭✭✭✭✭


    << <i>

    << <i>I still see no end in sight to the strength in the high end of the coin market............ >>



    How do you see the market for coins that middle class collectors can actually afford to buy? >>



    image

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • ConnecticoinConnecticoin Posts: 13,050 ✭✭✭✭✭


    << <i>Haven't seen eBay flooded with Heritage lots yet. Are they done with eBay???? That would be good as I wouldn't miss their keyword spamming w/ PCGS and NGC in every title as they list the populations, but it would also be bad as I sometimes found lots in eBay searches which are much easier than the Heritage search... Did I miss the Memo?? >>



    Ebay ended live auctions effective 12/31/08.
    *For Sale on Numismy* *For Sale on Ebay*
  • jhdflajhdfla Posts: 3,030 ✭✭✭
    Most everything on my watch list has shown fairly strong bids for at least a week now, with a number of bidders. Did not attend the Bowers sale yesterday, but looking over the results this morning, seems like a lot of unsold lots (CAC stickered as well), possibly the result of very high reserves??

    john
    SeatedQuarters
  • ziggy29ziggy29 Posts: 18,668 ✭✭✭


    << <i>How do you see the market for coins that middle class collectors can actually afford to buy? >>

    For the most part, I'm seeing little to no evidence that the higher-quality ones are dropping much, if at all.

    I'd like to be wrong about that eventually since there's a lot of stuff I've been priced out of. But I'm not seeing a trend toward quality getting cheaper in much of anything that's not a widget and (say) three figures and higher.
  • IrishMikeIrishMike Posts: 7,737 ✭✭✭
    I'm out on every thing I had on my watch list.
  • scoobydeuxscoobydeux Posts: 498 ✭✭
    image
    "Discipline is never an end in itself, only a means to an end."
  • scoobydeuxscoobydeux Posts: 498 ✭✭


    << <i>There is a whole lot of garbage in the Bust Halves. >>

    image
    "Discipline is never an end in itself, only a means to an end."
  • MrEurekaMrEureka Posts: 24,352 ✭✭✭✭✭
    It's funny. When I saw the heading, I assumed that somebody had TTT'd a year-old thread.
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • seateddimeseateddime Posts: 6,180 ✭✭✭
    rare is hot

    common is not
    I seldom check PM's but do check emails often jason@seated.org

    Buying top quality Seated Dimes in Gem BU and Proof.

    Buying great coins - monster eye appeal only.
  • TorreroTorrero Posts: 205
    Based on my bids and tracked items, I agree the Heritage auction looks plenty healthy. I don't know much about the Morgan dollar market, but some of the really rare and expensive ones in the auction seem really low to me.

    Jay
  • PlacidPlacid Posts: 11,299 ✭✭✭
    I bid $1 on 25 lots and got outbid on all of them image
  • PerryHallPerryHall Posts: 46,553 ✭✭✭✭✭


    << <i>

    << <i>I still see no end in sight to the strength in the high end of the coin market............ >>



    How do you see the market for coins that middle class collectors can actually afford to buy? >>



    The fact that no one is answering this question tells me volumes.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

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