1878 S Morgan going for moon money on TT

cheezhed

http://www.teletrade.com/coins/lot.asp?auction=2980&lot=2235&nextlot=1&imagetype=j2

$1250 and climbing!

What seems to be so special about this one?

coinguy1

It's not going for anything, unless/until it actually sells.

DennisH

I have no clue. Only a couple of VAM possibilities come to mind that would explain it, and I don't see any of them in those photos.

Dog97

I had a 78-S 64 just like it that I tried to sell on the BST Board a while back for $100, matter of fact I had to go check and see if mine had been stolen and cosigned to TeleTrade without my knowledge.
Mines still in my safe.

Alltheabove76

Likely just an unrealistic hidden reserve.

scottgardener

I would be equally curious. I'm not seeing anything to explain the markup. I expected vivid toning or something equally exotic. Maybe a newly discovered VAM... But, it looks like a $55 coin that happened to have gotten in the center of an auction fever frenzy.

Dog97

According to the PCGS Price Guide it's a $115 coin, but still...

AUandAG

OGH is my guess. However, with the hits just at the corner of her mouth and
up to her eye I'd say it won't upgrade.
Not even worth that kind of bucks at 66.

bob

roadrunner

Even with an unrealistic reserve it still takes a 2nd bidder from smoewhere to get it up to $1200.

House owned trying to snag a fish?

roadrunner

coinguy1

<< <i>Even with an unrealistic reserve it still takes a 2nd bidder from smoewhere to get it up to $1200.

House owned trying to snag a fish?

roadrunner >>

Unless things have changed, not on Teletrade, it doesn't. The bidding is gradually and automatically raised to the reserve, even without any (other) bids being placed. I really dislike that practice.

TexasNationals

I would have to guess 2 or more thought it was some rare VAM??

cheezhed

That would have to be an awfully high reserve Mark.

Broadstruck

<< <i>Even with an unrealistic reserve it still takes a 2nd bidder from smoewhere to get it up to $1200.

House owned trying to snag a fish? >>

BigE

I bet somebody typed in 1500. instead of 150.00-----------------------BigE

coinguy1

<< <i>That would have to be an awfully high reserve Mark. >>

Agreed - I'm guessing it is a typo on the reserve.

rainbowroosie

POS

BAJJERFAN

I'd ponder sellin this for that kind of scratch.

cmerlo1

My first thought was "long nock", but I'm not seeing it or anything else...

lkeigwin

I'm with you, Bajjerfan. This PCGS 66 is gorgeous and not worth that price.
Lance.

Dog97

Hey there's smothing going on here!!! The coin in the auction changed and closed @ $110. When this link was posted the coin was a mottled blue & silver one like I posted, now it's a brilliant one. What the L?

MrEureka

Hey there's smothing going on here!!! The coin in the auction changed and closed @ $110. When this link was posted the coin was a mottled blue & silver one like I posted, now it's a brilliant one. What the L?

Sounds like a data entry problem that got fixed. What's the big deal?

Dog97

<<< Hey there's smothing going on here!!! The coin in the auction changed and closed @ $110. When this link was posted the coin was a mottled blue & silver one like I posted, now it's a brilliant one. What the L?

Sounds like a data entry problem that got fixed. What's the big deal? >>>

Read the thread. We were wondering why a common ugly toned $100 Morgan was bidding @ $1250 is the best way I can explain it.