Insane price on clipped cent on TT

seanq

I had this coin in my tracker and just took a peek before the auction closed:

Clipped 1920 cent in PCGS 62BN

According to the site, the current bid is $600, which is just this side of insane. I assume I'm looking at a reserve that will never be met and the coin will show as unsold in the morning.

Boy it would be good news for my net worth if it was real, though.


Sean Reynolds

Shamika

I'm pretty sure that's the opening bid (aka reserve price). I'd be surprised if somebody pursued that piece at $600.

CaptHenway

Sean, overlooking the absurdity of the price, do you see any draw marks on that piece?

Do you think it might have separated after the strike, like I suspected happened on that other piece we discussed about a week ago?

NotSure

Buyers reserve.

MikeInFL

Home cooking.

CaptHenway

Buyer beware!

BustHalfBrian

The lot didn't sell...

$600 was only the consignor's reserve (asking price). Obviously no one was willing to pay that much.

seanq

<< <i>Sean, overlooking the absurdity of the price, do you see any draw marks on that piece?

Do you think it might have separated after the strike, like I suspected happened on that other piece we discussed about a week ago? >>




Possibly, the insert was hiding part of the coin where I'd expect to see the edge of the Blakesley effect. If your theory were true, would you expect the inside edge of the clip to look any different than if it were cut clean through when the planchet was punched? More tearing and less cutting, maybe?


Sean