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Only $29K+ for a $40 coin

Tdec1000Tdec1000 Posts: 3,852 ✭✭✭
in U.S. Coin Forum
1909 VDB MPL...I think not!
Awarded the coveted "You Suck" Award on 22 Oct 2010 for finding a 1942/1 D Dime in silver, and on 7 Feb 2011 Cherrypicking a 1914 MPL Cent on Ebay!

Successful BST Transactions!SIconbuster, Meltdown, Mission16, slothman2000, RGjohn, braddick, au58lover, allcoinsrule, commemdude, gerard, lablade, PCcoins, greencopper, kaz, tydye, cucamongacoin, mkman123, SeaEaglecoins, Doh!, AnkurJ, Airplanenut, ArizonaJack, JJM,Tee135,LordMarcovan, Swampboy, piecesofme, Ahrensdad,

Comments

  • ShamikaShamika Posts: 18,785 ✭✭✭✭
    Even if it was proof (which it's not), $29K???? Come on!

    Buyer and seller of vintage coin boards!
  • GrumpyEdGrumpyEd Posts: 4,749 ✭✭✭
    You're finding some good ones tonight image
    I value that at "about $8"
    Since he's giving 20% off on sale and asking $29,995.00 I guess it's not much of a sale after all.


    I always get a laugh out of something in each listing:



    << <i>
    Grade: PF 64 RB
    Strike Type: Business
    >>



    image
    Ed
  • Tdec1000Tdec1000 Posts: 3,852 ✭✭✭
    I was the underbidder on the 1911 mpl tonight. A raw coin that was very nice, and then I saw this one. Too funny!!
    Awarded the coveted "You Suck" Award on 22 Oct 2010 for finding a 1942/1 D Dime in silver, and on 7 Feb 2011 Cherrypicking a 1914 MPL Cent on Ebay!

    Successful BST Transactions!SIconbuster, Meltdown, Mission16, slothman2000, RGjohn, braddick, au58lover, allcoinsrule, commemdude, gerard, lablade, PCcoins, greencopper, kaz, tydye, cucamongacoin, mkman123, SeaEaglecoins, Doh!, AnkurJ, Airplanenut, ArizonaJack, JJM,Tee135,LordMarcovan, Swampboy, piecesofme, Ahrensdad,
  • golfer72golfer72 Posts: 3,588
    image
  • PatchesPatches Posts: 1,700 ✭✭✭
    opps, wrong thread
  • BillJonesBillJones Posts: 34,610 ✭✭✭✭✭


    << <i>Even if it was proof (which it's not), $29K???? Come on! >>



    Heritage sold a PCGS PR-64 R&B example for $30,073 last April so the price is not that ridiculous if the coin was a Proof. The thing that gets me is why anyone would buy a Matte Proof 1909-VDB Lincoln raw. I’ve seen veteran dealers get the attribution wrong on those pieces, and it’s not the easiest Proof to authenticate.

    Of course the high prices are largely registry driven. If you are going to put together a complete 20th century type set in Proof that is the key coin because the estimated population is all grades is only 274 pieces according to Coin Facts.
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • DuCrozatDuCrozat Posts: 358
    But you get $200 in Ebay bucks!

    image
  • ProofCentsProofCents Posts: 1,656
    Wow i wish i could get someone to pay me $29K for a $40 coin
  • johnny9434johnny9434 Posts: 28,951 ✭✭✭✭✭


    << <i>But you get $200 in Ebay bucks!

    image >>



    and freeeeeeeee shipping
  • ColonelJessupColonelJessup Posts: 6,442 ✭✭✭✭✭
    LOL, on a percentage basis he's closer to value of his stated designation than you are on the coin properly graded. It's a good bet that, this being so, you will still feel worse about your price differential than he will.

    BTW I think they're $8-10 per coin by the roll. But there's never more than 10 proofs in a roll.

    H. L. Mencken wrote "No one ever went broke underestimating the intelligence of the American public"image
    "People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf." - Geo. Orwell
  • BearBear Posts: 18,953 ✭✭✭
    I wonder If he would accept 27,500? image
    There once was a place called
    Camelotimage
  • Tdec1000Tdec1000 Posts: 3,852 ✭✭✭


    << <i>I wonder If he would accept 27,500? image >>




    That would be too funny!!
    Awarded the coveted "You Suck" Award on 22 Oct 2010 for finding a 1942/1 D Dime in silver, and on 7 Feb 2011 Cherrypicking a 1914 MPL Cent on Ebay!

    Successful BST Transactions!SIconbuster, Meltdown, Mission16, slothman2000, RGjohn, braddick, au58lover, allcoinsrule, commemdude, gerard, lablade, PCcoins, greencopper, kaz, tydye, cucamongacoin, mkman123, SeaEaglecoins, Doh!, AnkurJ, Airplanenut, ArizonaJack, JJM,Tee135,LordMarcovan, Swampboy, piecesofme, Ahrensdad,
  • ShamikaShamika Posts: 18,785 ✭✭✭✭


    << <i>

    << <i>Even if it was proof (which it's not), $29K???? Come on! >>



    Heritage sold a PCGS PR-64 R&B example for $30,073 last April so the price is not that ridiculous if the coin was a Proof. >>



    I didn't know that.


    Buyer and seller of vintage coin boards!
  • ColonelJessupColonelJessup Posts: 6,442 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>Even if it was proof (which it's not), $29K???? Come on! >>



    Heritage sold a PCGS PR-64 R&B example for $30,073 last April so the price is not that ridiculous if the coin was a Proof. >>



    I didn't know that. >>



    And Bowers and Merena another in the same grade for $26,450 earlier this year.
    "People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf." - Geo. Orwell

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