Does it make you feel REALLY good when you pay a "high" price for a coin

Bochiman

and then see one that doesn't look as nice, but is in the same plastic/grade for a MUCH higher price?

I recently bought some half-cents, and got one that I was thinking I stretched for. I didn't bargain the price because it was a very nice example (AU-58 PCGS CAC) and I am very happy with the coin.
I've been gone, business traveling in Asia, for 2 weeks and then fighting jetlag, so I haven't done much online lately. Tonight, I looked at one of my normal sites to check out (popular dealer/business) and noted they had the same year/plastic/grade for 152% of what I paid (no CAC, but I don't pay extra for that, just stating that for apples to apples comparison).

So, they want a 52% premium over what I paid. I have no idea on what they paid, but they are known to be savvy. So, either I got a screaming deal, or their markup is quite high.
Again, from the pics, and their pics are, admittedly, known for not being that great, the one I got is WAY better than the one they show.

So, I feel good. I may even feel REALLY good (but I am still really tired, so I don't feel REALLY anything right now ).

Have you had similar? This is all within 2 month period, so it isn't like one was purchased a year ago and there was a great climb in prices.
If so, what comparison did you note? You got the coin for 1/2 price of what you see now? etc?

RedTiger

If the second coin is only offered for sale, it means little. If it is an auction result, yes, that may mean something.

Unfortunately, I tend to focus more energy on the other scenario: I buy a coin and then find a comparable one or perhaps even a nicer one, offered for sale at 20%, 30% or even 50% less money. Then I feel like a fool.

Elcontador

Unless you or someone you trust has physically viewed both coins, you can't compare them. Even when people don't try to manipulate images, they will often not show carbon flecks, long then scratches on mint state silver, and hairlines on proof coins. And when it comes to toned coins, try as people might, images sometimes are not as accurate as we would like them to be.

If you are looking at Draped Bust Copper or Classic Large Cents, grading is all over the place. A good four years ago, I saw two 1814 Classic Large Cents in PC 4 BN holders. The difference between the two coins quality wise imo was frightening.

Mowgli

Despite what others have said, it always feels good to see a similar coin not as nice as yours go for more money or be offered for more money. How can it not? Whether it means yours will sell for more is for another day.

ricko

Yep... it does make me feel good. I have several examples. One of which is my 1995W ASE.... Cheers, RickO

Bochiman

<< <i>Unless you or someone you trust has physically viewed both coins, you can't compare them. Even when people don't try to manipulate images, they will often not show carbon flecks, long then scratches on mint state silver, and hairlines on proof coins. And when it comes to toned coins, try as people might, images sometimes are not as accurate as we would like them to be.

If you are looking at Draped Bust Copper or Classic Large Cents, grading is all over the place. A good four years ago, I saw two 1814 Classic Large Cents in PC 4 BN holders. The difference between the two coins quality wise imo was frightening. >>



In this case, with the half-cent, what I have seen from mine in-hand, and what is noticeable on the photo for the other one, I feel I can compare them. The photo isn't too flattering so it is unlikely the more expensive coin is worse in-hand. If it is, and that asking price is even close to what it sells for, then I feel even better than before.
Toning is not an issue in this case.

And, if grading is all over the place on this one, then, the one I have is a solid AU-58+ and the other one for sale would be, at best, a "normal" AU-58...or less....so, again, I feel pretty damn good vs the price asked for the one online.

Mowgli - thanks. I agree that mine many not sell for more, but, I didn't see many at the AU-58 range and it is a keeper, so I am happy

Ricko - careful...have you looked at it lately? It may have started toning

ricko

Actually looked at it yesterday... still pristine.... Cheers, RickO

Mission16

I might not feel "really good" when I buy it but I have felt a lot better when I sold it.

BECOKA

Can't say that happens too often.

I have a couple of coins I have paid premiums for because they are exceptional for the grade but then I have never seen anything else in that grade for that coin again. So that in itself feels good.