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What?!? AU-58 way more than MS-64???

ElmerFusterpuckElmerFusterpuck Posts: 4,742 ✭✭✭✭✭
Check out these prices for these 1909 Lincolns:

1909 PCGS AU-58 Stupid bidding

1909 PCGS MS-64 Seems reasonable, plus better looking than that AU-58

Is this a mistake or stupid money chasing that AU-58 designation?

Comments

  • SwampboySwampboy Posts: 13,035 ✭✭✭✭✭
    Money aside, I like the look of that AU58.

    "Inspiration exists, but it has to find you working" Pablo Picasso

  • yellowkidyellowkid Posts: 5,486
    I think a nice 58 can blow a mediocre 64 away.
  • commoncents05commoncents05 Posts: 10,093 ✭✭✭
    No way that's worth $150, AU58 or not. Dirt common coin. Maybe someone thinks its an MPL? Mistaken reserve?

    -Paul
    Many Quality coins for sale at http://www.CommonCentsRareCoins.com
  • There are a ton of stupid bids in tonights teletrade auction- STUPID...

    but it is their money not mine... c'est la vie
  • BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭


    << <i>There are a ton of stupid bids in tonights teletrade auction- STUPID...

    but it is their money not mine... c'est la vie >>



    Also more crap then usual image
    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
  • ElmerFusterpuckElmerFusterpuck Posts: 4,742 ✭✭✭✭✭


    << <i>I think a nice 58 can blow a mediocre 64 away. >>



    True, but in this case no way. That is just a regular AU-58, nothing less, nothing more. Like others, I've seen lots of other stupid bids out there, most likely hidden reserves.
  • It does have the die chips between the wheat stalks and the rims but doestn't look mpl to me either.
  • anablepanablep Posts: 5,139 ✭✭✭✭✭
    Based on photography alone, I prefer the 58, no question.
    Always looking for attractive rim toned Morgan and Peace dollars in PCGS or (older) ANA/ANACS holders!

    "Bongo hurtles along the rain soaked highway of life on underinflated bald retread tires."


    ~Wayne


  • << <i>It does have the die chips between the wheat stalks and the rims but doestn't look mpl to me either. >>



    I see those chips and I can also convince myself I see the die scratch from the back of Lincoln's coat to TY. Not enough to convince myself to buy.

    9:59
    "spot on my UHR, nevermind, I wiped it off"
  • veryfineveryfine Posts: 1,763 ✭✭✭
    As I see it, a "mediocre" MS-64 should be valued significantly higher than the best AU-58. There is no comparison, as they are in completely different categories.
  • sinin1sinin1 Posts: 7,500
    high sellers reserve


    a rather nice strike it seems to me
  • joebb21joebb21 Posts: 4,748 ✭✭✭✭✭
    sinin is correct.
    Its the sellers reserve. the 58 did not end up selling and with good reason.
    teletrade has a very tricky way they do their auctions. Do a search on this board for "only realized" all the info you need.
    may the fonz be with you...always...

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