strong prices at HA

crypto79

I have been travling over seas recently (currently) and didn't have time to play the waiting game with pause bidding or live so I just put in a simi-nuke bid for the had to have coin at 3x PCGS which is the highest of the sheets. Well I won the coin but it went for my full bid of 1500$, man am I glad I have been laying off of other coin purcheses recently with the kid and this trip I think I will stop looking at the coin sites for awhile. All the PCGS (and there were some nice ones) Trades went for strong money and not bad for a coin with with a 575$ book value--FYI it is the 75p Trade in PCGS45 cac

RedTiger

Congrats on the win, I guess. What does the coin usually hammer for? Comparing to price guides is one thing, how about other auction results? Sounds like the coin had "the look" if it went strong.

There is a whole thread and a couple of dealers banging on the drum that price guides are a good part of the problem, and that auctions alone don't do enough to reward quality. This would seem to add another data point that says "hogwash" to that theory. Yes, there is some luck, some hit-and-miss, but auctions often reward real quality and tend to find the right price for many coins for their given quality level, no matter what the guides list as the going rate.

ajman

Nice looking T$. Got to love the crust.

crypto79

nice Business strike 75p come up very rarely in public venues and often when they do they are often miss attributed proofs like this one on HA.com now, although that is not listed as original. HA tend =s to bring stronger money then Bowers or Teleatrade( although they have only had a few) and they typically go for 1000$

JCMhouston

<< <i>a couple of dealers banging on the drum that price guides are a good part of the problem, and that auctions alone don't do enough to reward quality >>



That's the dealers that want you to pay even stronger money to them after they buy the coin. I think last week I paid a new record price for a coin (World not US), it was a rare one that has not had another example at auction for at least the past 6-8 years. It's been my experience that the very best and rarest do very well at auction.

TennesseeDave

Will we see a lot of green in the price guide for Trade $'s soon?Congrats Crypto,It is an awesome XF-45 and you are correct,75-P's that are that nice almost never show up for sale.

Bayard1908

I had difficulty buying much at Heritage this time due to high prices; however, a PR64 Seated half I sold on eBay two years ago for $1875 only brought $1610 at Heritage on Friday night.

crypto79

It appears to me that Mid-grade Trades have been raising in prices for about 2 years now to the point that they hardly in the affordable category. I hope this is a fluke as I am not done amassing coins for my set. Even the raw coin on ebay that used to go for pennies are bringing stronger monies, dont people know not to buy raw trade dollars off the internet