Reasonable bid for the photos........
relicsncoins
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I placed a reasonable bid based on the photos for this coin and was the high bidder but the reserve was not met. I bid PCGS price guide 64 money. This is one reason I'm not a fan of reserve auctions. The seller obviously has an unreasonable reserve. If he wants to sell the coin, I would suggest he take better photos or lower his reserve.
Unreasonable reserve
Unreasonable reserve
Need a Barber Half with ANACS photo certificate. If you have one for sale please PM me. Current Ebay auctions
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I would suggest emailing the seller and inquiring what the reserve was so that you can decide whether or not you wish to continue the pursuit of this coin.
The name is LEE!
ask for better pics
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<< <i>Bidding 64 money for a 65 coin doesn't seem all that reasonable to me. I wouldn't have sold it for that either. >>
Well, I have handled bunches of these, some are graded properly, some are undergraded, and some are overgraded. Many of these were stored in PVC flips, they are not sealed, and therefor could have environmental damage or a host of other problems. Like I said, the bid was reasonable based on the photos provided. If my bid was unreasonable, then I would've been outbid by the many other people that bid on the coin, but the only thing I was outbid by was his reserve.
I also looked at the last five PCGS and NGC MS65 1938 D coins that sold on Ebay and they sold for an average of $37 with a high of $41.01 and a low of $33.66.
To me this just seems like someone wanting a good coin for an unfair price. In the future ask for more/better pics.
<< <i>Wow, I'm not trying to pick at you but you sound like your a sore loser. Ok, so HIS reserve was higher then, according to you, YOUR reasonable bid. Big deal, drop it and move on. You can't always get what you want. I've passed up several coins that I really liked but I felt where over priced and when the owner would not come down to where I would like to see it, I moved on.
To me this just seems like someone wanting a good coin for an unfair price. In the future ask for more/better pics. >>
How is bidding darn near what that date in PCGS plastic would bring on Ebay wanting a good coin at an unfair price? I was merely pointing out why I'm not a big fan of reserve auctions, as well as some people think their coins are worth more than they actually are.
In honor of the memory of Cpl. Michael E. Thompson
<< <i>How is bidding darn near what that date in PCGS plastic would bring on Ebay wanting a good coin at an unfair price? I was merely pointing out why I'm not a big fan of reserve auctions, as well as some people think their coins are worth more than they actually are. >>
Ok, bad choice of words on my part about the unfair price, but price guides are not the law on prices. It's up to the buyer and seller to come to what a fair price is, the guides are just that, a guide. You might buy for more then the guide or less. In this case the seller wants more then PCGS MS64 plastic money. If you don't want to pony up and pay more, then move on but don't post about it. We've all been then but we don't whine about it.
As for reserve auctions, if you don't like them, don't bid on them. If you do and win but don't meet reserve don't whine about, you said it yourself you don't like them.
<< <i>The seller offered a very common coin in relatively low grade for the issue with significant shipping fees relative to cost and a no return policy. If it had not been for your collection of older ANACS photocerts then this coin would have even less interest to you and possibly others. This supports a rather strong reserve. However, many dealers ignore the PCGS price guide and instead use the Greysheet, which lists this coin as $50 bid in MS65 while you value it at one grade lower (though I do not know why given the images) and bid at that level. This argues the reserve may not have been unreasonable at all. To put it another way, would someone think a coin reserved at or near Greysheet bid is unreasonable? >>
More than what some piece of paper says a coin should be worth, I was going by what coins graded at the level in PCGS and NGC plastic have sold for recently on the bay. Like I said, the last 5 sales of a 38 D in PCGS an NGC 65 have sold for an average of $37.00 each. I bid $33.51. Plus shipping. Tell me how that is not a reasonable bid. If someone thinks they are going to get 50 bucks for this common date in this common grade, they are dreaming.
In honor of the memory of Cpl. Michael E. Thompson
I agree move on, but the person is not being unreasonable.
Sometimes coins sell for less than bid sometimes more, if you wanted it bad enough you should have Bid "Bid" on it.
Nuff said
<< <i>But it's not unreasonable for someone to want Greysheet Bid on a coin.
I agree move on, but the person is not being unreasonable.
Sometimes coins sell for less than bid sometimes more, if you wanted it bad enough you should have Bid "Bid" on it.
Nuff said >>
Ahh..........Nevermind. The post was never meant to be a woa is me, I lost. I could care less whether I bought the coin or not. I was merely pointing out that some sellers are setting reserves as if the coin market was still bullish. The fact of the matter is, a coin is only worth what someone is willing to pay for it, and of the thousands of coin buyers on ebay, no one was willing to pay what this seller was asking, therefor his reserve is unreasonable. I could've bid $1000 dollars and still not of won the coin, because no one else was willing to bid any higher than the $32.51 I bid. I actually bid $33.51, but the system won't automatically bid agains one's self to meet a reserve.
JJ
Regardless, there is nothing unreasonable about wanting near Greysheet on a coin even if ebay does not support the notion over a five sale review.
In honor of the memory of Cpl. Michael E. Thompson
That's a reasonable point, actually. Aristotle would appreciate that angle.
JMO
Jim
When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln
Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain
<< <i>Ahh..........Nevermind. The post was never meant to be a woa is me, I lost. I could care less whether I bought the coin or not. I was merely pointing out that some sellers are setting reserves as if the coin market was still bullish. >>
If that was truly the case....you would not have stated a thread about the auction? By the way I collected old NGC slabs for years and I hated to lose out on those auctions becuase at times certain coins in those holders can be difficult to find. My advice would be to dig a little deeper in your wallet if you are on a mission to collect only that type of holder....you'll be happy you did in the long run
with better images it may go for more.
its a common as dirt year and mint and grade, but the photo slab is cool.
we all value the item on a different level the seller might think its worth $100.00
I never bid on reserve auctions and never sell with reserves, people are far less likely to bid including me.
who knows what the seller expects, email and make him an offer why not.
$39.95
The name is LEE!