Home› U.S. Coin Forum
Options

Buried or Not Buried?: That is the Question - PCGS PR70 DCAM 1995-W SAE Sells in Excess of $86,000

coinguy1989coinguy1989 Posts: 1,056 ✭✭
in U.S. Coin Forum
What do you think about the following auction? Is the price realized the result of legitimate market forces (i.e. the coin's value has simply increased) or is this a fluke that is not reproducible?
The last PCGS example in this grade sold for $19,500 in a 2011 Stacks-Bowers auction.

Link (External Link: Great Collections, 1995 W PCGS PR70 DCAM Silver American Eagle)

Edited to add: Final Price $79k hammer, $86+k with juice.
«13

Comments

  • Options
    SNMANSNMAN Posts: 1,401 ✭✭✭
    looks like you beat me to it, it must be the "West Point" label.
    Positive Transactions with: justindan; Drunner; Segoja, Dragon, fivecents, Connecticoin, WTCG, gsa1fan, abitofthisabitofthat; commoncents05;Broadstruck; and ......more
  • Options
    coinguy1989coinguy1989 Posts: 1,056 ✭✭
    The funny thing to me is this: Since milk spots are not covered under the PCGS guarantee anymore, the coin is literally one milk spot away from being an approximately $3k-$5k coin.
  • Options
    VanHalenVanHalen Posts: 3,807 ✭✭✭✭✭
    Eventually this coin will bring six figures. It might not be in my lifetime though and in this auction? It went for double the price anybody would have estimated.
  • Options
    SNMANSNMAN Posts: 1,401 ✭✭✭


    << <i>The funny thing to me is this: Since milk spots are not covered under the PCGS guarantee anymore, the coin is literally one milk spot away from being an approximately $3k-$5k coin. >>



    exactly: ONE milk spot away ..............crazy money.

    Positive Transactions with: justindan; Drunner; Segoja, Dragon, fivecents, Connecticoin, WTCG, gsa1fan, abitofthisabitofthat; commoncents05;Broadstruck; and ......more
  • Options
    BAJJERFANBAJJERFAN Posts: 30,987 ✭✭✭✭✭


    << <i>

    << <i>The funny thing to me is this: Since milk spots are not covered under the PCGS guarantee anymore, the coin is literally one milk spot away from being an approximately $3k-$5k coin. >>



    exactly: ONE milk spot away ..............crazy money. >>



    The buyer must be gambling that if it was going to spot, that it would have done so by now. Not sure when it was slabbed, but proof coins are generally easier to successfully remove any "milk spots" from. If it was slabbed during the time when PCGS was still honoring the warranty, it could have been dipped prior to encapsulation.
    theknowitalltroll;
    MY COINS FOR SALE AT https://www.pcgs.com/setregistry/collectors-showcase/other/bajjerfans-coins-sale/3876
  • Options
    keyman64keyman64 Posts: 15,455 ✭✭✭✭✭
    Wow! Not for me!
    "If it's not fun, it's not worth it." - KeyMan64
    Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners. :smile:
  • Options
    WalkerfanWalkerfan Posts: 8,973 ✭✭✭✭✭


    << <i>Wow! Not for me! >>



    +1

    Crazy money indeed. What happens to the price when a few more get made?

    “I may not believe in myself but I believe in what I’m doing” ~Jimmy Page~

    My Full Walker Registry Set (1916-1947)

    https://www.ngccoin.com/registry/competitive-sets/16292/

  • Options
    wondercoinwondercoin Posts: 16,688 ✭✭✭✭✭
    I agree with the price guide editor that the coin is worth about $25,000. since the pop has rise by more than 50 percent in the past 60 to 90 days there is no logical reason the coin sold for even half what it sold for. As always just my 2 cents. Wondercoin.
    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
  • Options
    crypto79crypto79 Posts: 8,623 ✭


    << <i>I agree with the price guide editor that the coin is worth about $25,000. since the pop has rise by more than 50 percent in the past 60 to 90 days there is no logical reason the coin sold for even half what it sold for. As always just my 2 cents. Wondercoin. >>



    While I agree with your logic and you know your moderns, it would appear that the market disagrees. That said I think this is clearly two "got To have it whales" going at it and I suspect it would be hard to duplicate.
  • Options
    magikbillymagikbilly Posts: 6,780 ✭


    << <i>

    << <i>I agree with the price guide editor that the coin is worth about $25,000. since the pop has rise by more than 50 percent in the past 60 to 90 days there is no logical reason the coin sold for even half what it sold for. As always just my 2 cents. Wondercoin. >>



    While I agree with your logic and you know your moderns, it would appear that the market disagrees. That said I think this is clearly two "got Tk have it whales" going at it and I suspect it would be hard to duplicate. >>



    Perhaps easier to duplicate the PCGS PR70 DCAM 1995-W SAE image

    Eric
  • Options
    BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭
    I was shocked when it was at $61K... But then realized that it could be someone is buying themselves a gift for Fools Day imageimage
    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
  • Options
    djmdjm Posts: 1,558 ✭✭✭✭✭
    Could have bought the one from The Coin Vault for $35K. If they still have it I don't think it will be $35K any longer.
  • Options
    drfishdrfish Posts: 938 ✭✭✭✭
    Insane buy, especially in a new PCGS holder. The "if it was going to spot by now, it would have"theory goes out the window as soon as you put the ASE in a new PCGS holder. A huge gamble and based on everyone's experiences (on this board )with ASEs in PCGS holders, a 35-60% chance that coin will spot .
  • Options
    ambro51ambro51 Posts: 13,604 ✭✭✭✭✭
    IF these ASEs are the Morgan Dollar of the future, and decades of high collectability await them then as a Long Term investment this makes sense. IF it is the crown jewel in a top registry set it makes sense. But geez that IS a huge price increase from a slightly lower grade.
  • Options
    TwoSides2aCoinTwoSides2aCoin Posts: 43,841 ✭✭✭✭✭
    The things that make the news in coins shock many people. A lot of those people are renters.
  • Options
    AMRCAMRC Posts: 4,266 ✭✭✭✭✭
    To each his/her own. It is their money. I hope it does not spot and that it is worth more when they (or the family) sells it.
    MLAeBayNumismatics: "The greatest hobby in the world!"
  • Options
    BAJJERFANBAJJERFAN Posts: 30,987 ✭✭✭✭✭


    << <i>Insane buy, especially in a new PCGS holder. The "if it was going to spot by now, it would have"theory goes out the window as soon as you put the ASE in a new PCGS holder. A huge gamble and based on everyone's experiences (on this board )with ASEs in PCGS holders, a 35-60% chance that coin will spot . >>



    That coin isn't in a prong/ed holder so it has to have been in that one for at least 2 years. The holders don't make the coins spot. The spots are already there. If twas me I'd be a looking at that coin under a halogen light or something similar that might be revealing of any potential to spot. I have it on good authority that sometimes up to half of the coins in a bulk submission arrive at PCGS already spotted, so I think that there is a pretty good chance that others from the same lot will eventually develop spots too. IMO the fact that they seem to spot less in other TPG holders is more of an artifact of distribution than anything else. I think it is also possible that the high frequency ultrasonic energy from the sonic sealer may get transferred to the coin hasten the reaction between the coin and whatever contaminant is present.
    theknowitalltroll;
    MY COINS FOR SALE AT https://www.pcgs.com/setregistry/collectors-showcase/other/bajjerfans-coins-sale/3876
  • Options
    BAJJERFANBAJJERFAN Posts: 30,987 ✭✭✭✭✭


    << <i>I agree with the price guide editor that the coin is worth about $25,000. since the pop has rise by more than 50 percent in the past 60 to 90 days there is no logical reason the coin sold for even half what it sold for. As always just my 2 cents. Wondercoin. >>



    Current pop [if accurate] shows 8 coins in PR70 DCAM.
    theknowitalltroll;
    MY COINS FOR SALE AT https://www.pcgs.com/setregistry/collectors-showcase/other/bajjerfans-coins-sale/3876
  • Options
    BoosibriBoosibri Posts: 11,867 ✭✭✭✭✭
    More money than brains I think.

    Latin American Collection

  • Options
    TwoSides2aCoinTwoSides2aCoin Posts: 43,841 ✭✭✭✭✭


    << <i>More money than brains I think. >>



    Maybe speculatin' in the silver market image
  • Options
    felinfoelfelinfoel Posts: 391 ✭✭✭✭
    Wow. I have two sets of PR70 PCGS American Eagle 75th Anniversary Proof/Reverse Sets, which I am afraid to sit on over potential future spotting.

    That is a crazy risk.
  • Options
    IcollecteverythingIcollecteverything Posts: 1,029 ✭✭✭
    It doesn't make sense to me, looks like a bubble.

    Just think of the rare early American coins you could buy with $86,000. There are thousands of this coin out there that are all Unc. just a notch or two below this one plus they just came out a few years ago. Then add in the millions of other ASE's of different dates but same design. What kind of Walker half could you buy for that kind of money?

    Right now anyone getting excited about this is because of the $$$, not the rarity, history or beauty of the coin.

    Successful BST deals with mustangt and jesbroken. Now EVERYTHING is for sale.

  • Options
    TwoSides2aCoinTwoSides2aCoin Posts: 43,841 ✭✭✭✭✭
    Have friend with client who spent $80K restoring a _____ , that we could get here for $40K. Many models available.
    Client sold ____ to customer overseas for a quarter mil. Food for thought !
  • Options
    JustacommemanJustacommeman Posts: 22,847 ✭✭✭✭✭
    Not insane at all. Different strokes for different folks. This is good for business. Mad props and vision to the winning bidder. Enjoy.

    MJ
    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
  • Options
    silverpopsilverpop Posts: 6,598 ✭✭✭✭✭
    people buy what catches their eye

    https://sites.google.com/view/coins-for-sale/home

  • Options
    CoinspongeCoinsponge Posts: 3,927 ✭✭✭


    << <i>Eventually this coin will bring six figures. It might not be in my lifetime though and in this auction? It went for double the price anybody would have estimated. >>




    I guess we know who the buyer is.image
    Gold and silver are valuable but wisdom is priceless.
  • Options
    VanHalenVanHalen Posts: 3,807 ✭✭✭✭✭


    << <i>The things that make the news in coins shock many people. A lot of those people are renters. >>



    Agreed. To a billionaire this is chump change. The equivalent of a $10 bill to me with my $100k net worth.
  • Options
    CoinspongeCoinsponge Posts: 3,927 ✭✭✭
    Maybe the buyer is sitting on a bunch of these coins and is hoping that the buz about this sale will pump up prices on all of them to a point where his total profit is greater than 86k. There are schemers everywhere.
    Gold and silver are valuable but wisdom is priceless.
  • Options
    Kaline6Kaline6 Posts: 345 ✭
    I would find it hard to enjoy a coin like that because I would worry about the tremendous damage a tiny acquired flaw could cause. For me, I'd rather have a traditional rare coin that a condition rarity; glad others think otherwise, makes for an interesting and active market!
  • Options
    drfishdrfish Posts: 938 ✭✭✭✭
    Bajerfan guess you'd advocate cracking $86,000 stable red copper in OGHs and reslabbing to get the cool new slabs as well. With no spot guarantee this buyer just took a huge financial risk buying a recently encapsulated ASE.
  • Options
    CoinspongeCoinsponge Posts: 3,927 ✭✭✭
    Hope the buyer has also invested in a vacuum sealer.
    Gold and silver are valuable but wisdom is priceless.
  • Options
    BAJJERFANBAJJERFAN Posts: 30,987 ✭✭✭✭✭


    << <i>Bajerfan guess you'd advocate cracking $86,000 stable red copper in OGHs and reslabbing to get the cool new slabs as well. With no spot guarantee this buyer just took a huge financial risk buying a recently encapsulated ASE. >>



    I'm not advocating anything. I'm not into this series so is this a fairly new label? Are they still using those older style holders for special situations? Perhaps the buyer doesn't know that the guarantee is no longer in effect. Should sellers now be disclosing the fact that these coins are no longer covered under the PCGS guarantee or does caveat emptor rule the day?
    theknowitalltroll;
    MY COINS FOR SALE AT https://www.pcgs.com/setregistry/collectors-showcase/other/bajjerfans-coins-sale/3876
  • Options
    BryceMBryceM Posts: 11,732 ✭✭✭✭✭
    The extent to which I think the buyer is a lunatic is exceeded perhaps by the extent to which my wife thinks I'm crazy to spend more than a dollar for a dollar......

    image
  • Options
    OriginalDanOriginalDan Posts: 3,723 ✭✭✭✭✭
    Maybe the buyer thought it was undergraded? image
  • Options
    BAJJERFANBAJJERFAN Posts: 30,987 ✭✭✭✭✭


    << <i>The extent to which I think the buyer is a lunatic is exceeded perhaps by the extent to which my wife thinks I'm crazy to spend more than a dollar for a dollar......

    image >>



    Does she think that you're a genius if you sell those overpriced coins for a profit?
    theknowitalltroll;
    MY COINS FOR SALE AT https://www.pcgs.com/setregistry/collectors-showcase/other/bajjerfans-coins-sale/3876
  • Options
    keyman64keyman64 Posts: 15,455 ✭✭✭✭✭
    Maybe the person has insider knowledge and is hoping to get the new GRADE that will be coming out, PR70 Super-Duper-DCAM + * Rainbow-CAC?
    "If it's not fun, it's not worth it." - KeyMan64
    Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners. :smile:
  • Options
    lkeigwinlkeigwin Posts: 16,887 ✭✭✭✭✭
    I wonder if the buyer owes another $8k in sales tax. image
    Lance.
    Coin Photography Services / Everyman Registry set / BHNC #213
  • Options
    stevebensteveben Posts: 4,595 ✭✭✭✭✭


    << <i>The things that make the news in coins shock many people. A lot of those people are renters. >>



    we are all renters. there is no private property anymore. think about it.
  • Options
    OPAOPA Posts: 17,104 ✭✭✭✭✭
    In about 20+years, most of the nay sayers (aka old forts) will be 6 feet under. One of these days, however, they might recognize that some of the so called moderns are slowly becoming classics. BTW, if that ASE was going to have milk spots, it would have by now since the chemical reaction of the planchet wash appears to be the primary reason.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • Options
    coinsarefuncoinsarefun Posts: 21,664 ✭✭✭✭✭
    All I know is that it wasn't meimage


    CoinsAreFun Pictorials Album
    .
    CoinsAreFun Toned Silver Eagle Proof Album
    .
    Gallery Mint Museum, Ron Landis& Joe Rust, The beginnings of the Golden Dollar
    .
    More CoinsAreFun Pictorials NGC
  • Options
    braddickbraddick Posts: 23,110 ✭✭✭✭✭


    << <i>I wonder if the buyer owes another $8k in sales tax. image
    Lance. >>



    States right there in the auction:
    "Sales tax: Sales Tax is only charged on this item for residents of California if your invoice total of numismatic/bullion items is less than $1,500."

    peacockcoins

  • Options
    lkeigwinlkeigwin Posts: 16,887 ✭✭✭✭✭


    << <i>

    << <i>I wonder if the buyer owes another $8k in sales tax. image
    Lance. >>



    States right there in the auction:
    "Sales tax: Sales Tax is only charged on this item for residents of California if your invoice total of numismatic/bullion items is less than $1,500." >>

    Oh yes, that's right. Thank heavens for the $1500 limit.
    Lance.
    Coin Photography Services / Everyman Registry set / BHNC #213
  • Options
    BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭


    << <i>

    << <i>I agree with the price guide editor that the coin is worth about $25,000. since the pop has rise by more than 50 percent in the past 60 to 90 days there is no logical reason the coin sold for even half what it sold for. As always just my 2 cents. Wondercoin. >>



    While I agree with your logic and you know your moderns, it would appear that the market disagrees. That said I think this is clearly two "got To have it whales" going at it and I suspect it would be hard to duplicate. >>



    Actually if you look at the Bid History at $40K there's still 4 players and 3 remaining at $60K.

    bidder 21 US$78,777.00 Fri, Mar 29, 2013 11:46:14 PM
    bidder 20 US$77,777.00 Sun, Mar 31, 2013 06:57:59 PM
    bidder 21 US$69,600.00 Fri, Mar 29, 2013 11:46:14 PM
    bidder 20 US$68,600.00 Sun, Mar 31, 2013 06:32:15 PM
    bidder 21 US$66,500.00 Fri, Mar 29, 2013 11:46:14 PM
    bidder 20 US$65,500.00 Sun, Mar 31, 2013 06:24:49 PM
    bidder 21 US$64,000.00 Fri, Mar 29, 2013 11:46:14 PM
    bidder 20 US$63,000.00 Sun, Mar 31, 2013 06:24:21 PM
    bidder 21 US$61,100.00 Fri, Mar 29, 2013 11:46:14 PM
    bidder 19 US$60,100.00 Sun, Mar 31, 2013 12:12:21 PM
    bidder 21 US$55,500.00 Fri, Mar 29, 2013 11:46:14 PM
    bidder 19 US$54,500.00 Sun, Mar 31, 2013 12:07:28 PM
    bidder 21 US$51,137.00 Fri, Mar 29, 2013 11:46:14 PM
    bidder 19 US$50,137.00 Sun, Mar 31, 2013 12:06:51 PM
    bidder 21 US$46,000.00 Fri, Mar 29, 2013 11:46:14 PM
    bidder 19 US$45,000.00 Sun, Mar 31, 2013 08:56:42 AM
    bidder 21 US$43,000.00 Fri, Mar 29, 2013 11:46:14 PM
    bidder 19 US$42,000.00 Sun, Mar 31, 2013 08:53:12 AM
    bidder 21 US$41,000.00 Fri, Mar 29, 2013 11:46:14 PM
    bidder 18 US$40,000.00 Sat, Mar 30, 2013 11:15:01 AM
    bidder 21 US$39,000.00 Fri, Mar 29, 2013 11:46:14 PM
    bidder 18 US$38,000.00 Sat, Mar 30, 2013 11:14:18 AM
    bidder 21 US$37,000.00 Mon, Mar 25, 2013 04:57:14 PM
    bidder 17 US$36,000.00 Fri, Mar 29, 2013 09:23:38 PM
    bidder 21 US$33,000.00 Mon, Mar 25, 2013 04:57:14 PM
    bidder 17 US$32,000.00 Fri, Mar 29, 2013 09:05:04 PM
    bidder 21 US$31,000.00 Mon, Mar 25, 2013 04:57:14 PM
    bidder 17 US$30,000.00 Fri, Mar 29, 2013 09:03:04 PM
    bidder 21 US$28,500.00 Mon, Mar 25, 2013 04:57:14 PM
    bidder 17 US$27,500.00 Fri, Mar 29, 2013 09:02:34 PM
    bidder 21 US$26,500.00 Mon, Mar 25, 2013 04:57:14 PM
    bidder 17 US$25,500.00 Fri, Mar 29, 2013 09:01:47 PM
    bidder 21 US$25,000.00 Mon, Mar 25, 2013 04:57:14 PM
    bidder 16 US$24,500.00 Thu, Mar 28, 2013 01:59:47 PM
    bidder 21 US$23,500.00 Mon, Mar 25, 2013 04:57:14 PM
    bidder 15 US$23,000.00 Mon, Mar 25, 2013 06:34:18 PM
    bidder 21 US$22,500.00 Mon, Mar 25, 2013 04:57:14 PM
    bidder 15 US$22,000.00 Mon, Mar 25, 2013 06:08:11 PM
    bidder 21 US$21,500.00 Mon, Mar 25, 2013 04:57:14 PM
    bidder 15 US$21,000.00 Mon, Mar 25, 2013 05:54:30 PM
    bidder 21 US$20,500.00 Mon, Mar 25, 2013 04:57:14 PM
    bidder 15 US$20,000.00 Mon, Mar 25, 2013 05:29:47 PM
    bidder 21 US$19,500.00 Mon, Mar 25, 2013 04:57:14 PM
    bidder 15 US$19,000.00 Mon, Mar 25, 2013 05:26:40 PM
    bidder 21 US$18,500.00 Mon, Mar 25, 2013 04:57:14 PM
    bidder 15 US$18,000.00 Mon, Mar 25, 2013 08:01:20 AM
    bidder 14 US$17,500.00 Mon, Mar 25, 2013 07:46:20 AM
    bidder 13 US$17,000.00 Mon, Mar 25, 2013 07:27:13 AM
    bidder 14 US$16,500.00 Mon, Mar 25, 2013 05:18:09 AM
    bidder 12 US$16,000.00 Sun, Mar 24, 2013 04:48:47 PM
    bidder 14 US$15,500.00 Sat, Mar 23, 2013 03:23:56 PM
    bidder 11 US$15,000.00 Wed, Mar 20, 2013 04:48:02 PM
    bidder 11 US$14,504.00 Wed, Mar 20, 2013 04:48:02 PM
    bidder 10 US$14,004.00 Sat, Mar 23, 2013 09:42:07 AM
    bidder 11 US$13,503.00 Wed, Mar 20, 2013 04:48:02 PM
    bidder 10 US$13,003.00 Fri, Mar 22, 2013 05:18:01 PM
    bidder 11 US$12,502.00 Wed, Mar 20, 2013 04:48:02 PM
    bidder 10 US$12,002.00 Fri, Mar 22, 2013 05:17:14 PM
    bidder 11 US$11,501.00 Wed, Mar 20, 2013 04:48:02 PM
    bidder 10 US$11,001.00 Fri, Mar 22, 2013 05:15:44 PM
    bidder 11 US$9,495.00 Wed, Mar 20, 2013 04:48:02 PM
    bidder 9 US$9,245.00 Fri, Mar 22, 2013 03:59:32 PM
    bidder 11 US$8,250.00 Wed, Mar 20, 2013 04:48:02 PM
    bidder 8 US$8,000.00 Fri, Mar 22, 2013 02:06:06 PM
    bidder 11 US$7,750.00 Wed, Mar 20, 2013 04:48:02 PM
    bidder 7 US$7,500.00 Fri, Mar 22, 2013 02:03:57 PM
    bidder 11 US$7,250.00 Wed, Mar 20, 2013 04:48:02 PM
    bidder 7 US$7,000.00 Fri, Mar 22, 2013 02:03:41 PM
    bidder 11 US$6,750.00 Tue, Mar 19, 2013 03:56:45 PM
    bidder 14 US$6,500.00 Wed, Mar 20, 2013 04:20:28 PM
    bidder 11 US$5,750.00 Tue, Mar 19, 2013 03:56:45 PM
    bidder 14 US$5,500.00 Wed, Mar 20, 2013 04:20:15 PM
    bidder 11 US$4,300.00 Tue, Mar 19, 2013 03:56:45 PM
    bidder 6 US$4,200.00 Wed, Mar 20, 2013 04:05:05 PM
    bidder 11 US$4,100.00 Tue, Mar 19, 2013 03:56:45 PM
    bidder 5 US$4,000.00 Wed, Mar 20, 2013 04:02:59 PM
    bidder 11 US$3,600.00 Tue, Mar 19, 2013 03:56:45 PM
    bidder 5 US$3,500.00 Wed, Mar 20, 2013 03:55:34 PM
    bidder 11 US$3,300.00 Tue, Mar 19, 2013 03:56:45 PM
    bidder 6 US$3,200.00 Wed, Mar 20, 2013 03:39:22 PM
    bidder 11 US$3,100.00 Tue, Mar 19, 2013 03:56:45 PM
    bidder 6 US$3,000.00 Wed, Mar 20, 2013 03:38:42 PM
    bidder 11 US$2,050.00 Tue, Mar 19, 2013 03:56:45 PM
    bidder 6 US$2,000.00 Wed, Mar 20, 2013 03:37:51 PM
    bidder 11 US$1,950.00 Tue, Mar 19, 2013 03:56:45 PM
    bidder 6 US$1,900.00 Wed, Mar 20, 2013 03:34:18 PM
    bidder 11 US$1,850.00 Tue, Mar 19, 2013 03:56:45 PM
    bidder 6 US$1,800.00 Wed, Mar 20, 2013 03:32:58 PM
    bidder 11 US$1,750.00 Tue, Mar 19, 2013 03:56:45 PM
    bidder 7 US$1,700.00 Wed, Mar 20, 2013 12:15:13 PM
    bidder 11 US$1,650.00 Tue, Mar 19, 2013 03:56:45 PM
    bidder 4 US$1,600.00 Tue, Mar 19, 2013 07:49:32 PM
    bidder 11 US$1,550.00 Tue, Mar 19, 2013 03:56:45 PM
    bidder 3 US$1,500.00 Tue, Mar 19, 2013 11:14:09 AM
    bidder 3 US$1,338.00 Tue, Mar 19, 2013 11:14:09 AM
    bidder 2 US$1,288.00 Tue, Mar 19, 2013 11:05:44 AM
    bidder 2 US$1,250.00 Tue, Mar 19, 2013 11:05:44 AM
    bidder 1 US$1,200.00 Tue, Mar 19, 2013 10:18:47 AM
    bidder 1 US$1,050.00 Tue, Mar 19, 2013 10:18:47 AM
    bidder 14 US$1,000.00 Tue, Mar 19, 2013 09:52:17 AM
    bidder 1 US$1,000.00 Tue, Mar 19, 2013 10:18:33 AM
    bidder 14 US$105.00 Tue, Mar 19, 2013 09:52:17 AM
    bidder 1 US$100.00 Tue, Mar 19, 2013 10:18:13 AM
    bidder 14 US$1.00 Tue, Mar 19, 2013 09:52:17 AM
    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
  • Options
    coinsarefuncoinsarefun Posts: 21,664 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>I agree with the price guide editor that the coin is worth about $25,000. since the pop has rise by more than 50 percent in the past 60 to 90 days there is no logical reason the coin sold for even half what it sold for. As always just my 2 cents. Wondercoin. >>



    While I agree with your logic and you know your moderns, it would appear that the market disagrees. That said I think this is clearly two "got To have it whales" going at it and I suspect it would be hard to duplicate. >>



    Actually if you look at the Bid History at $40K there's still 4 players and 3 remaining at $60K.

    >>







    That's what I just got done looking at. I expected to see two and was surprised to see more.

    CoinsAreFun Pictorials Album
    .
    CoinsAreFun Toned Silver Eagle Proof Album
    .
    Gallery Mint Museum, Ron Landis& Joe Rust, The beginnings of the Golden Dollar
    .
    More CoinsAreFun Pictorials NGC
  • Options
    BAJJERFANBAJJERFAN Posts: 30,987 ✭✭✭✭✭


    << <i>Maybe the person has insider knowledge and is hoping to get the new GRADE that will be coming out, PR70 Super-Duper-DCAM + * Rainbow-CAC? >>



    When it spots it will be CAC a doodle doo; any grade will do.image
    theknowitalltroll;
    MY COINS FOR SALE AT https://www.pcgs.com/setregistry/collectors-showcase/other/bajjerfans-coins-sale/3876
  • Options
    410a410a Posts: 1,325 ✭
    One of the first sets I put together and found that the sum total of the completed set was worth more than the individual coins was a set of Franklin Halves I did this in 1977. Some of those coins were only out of circulation for 14 years. The key date back then was the 1949 S. Now, so long as the key doesn't change and the collectors/investors still have a value and timing right there is no problem, but it seems risky. So, why did I mention the Franklin halves they were all MS 63, 64, 65s and I considered them to be a "speical set of rare coins" and now that I look back on it, they really were not rare. Today's stone maybe tomorrows diamond. Good luck with that. Regards, Mike
  • Options
    BillJonesBillJones Posts: 33,481 ✭✭✭✭✭
    As a friend of the father's once said when someone asked him if he would like to try some freshly prepared rattlesnake, "They needn't fix any for me!"

    That is an insane price for an overrated coin that has been declining in price in recent years.
    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 ... ?
  • Options
    BAJJERFANBAJJERFAN Posts: 30,987 ✭✭✭✭✭
    I doubt that whoever bought that coin is worried about their next meal or mortgage payment.
    theknowitalltroll;
    MY COINS FOR SALE AT https://www.pcgs.com/setregistry/collectors-showcase/other/bajjerfans-coins-sale/3876
  • Options
    CoinRaritiesOnlineCoinRaritiesOnline Posts: 3,640 ✭✭✭✭
    Everyone who thinks this price was excessive can take comfort in the fact that you were not the buyer.
    John Agre

    Coin Rarities Online
  • Options
    halfhunterhalfhunter Posts: 2,770 ✭✭✭
    Bet it took a team of Clydesdale to pull the smile off the consignor's face last nite ! ! ! image

    HH
    Need the following OBW rolls to complete my 46-64 Roosevelt roll set:
    1947-P & D; 1948-D; 1949-P & S; 1950-D & S; and 1952-S.
    Any help locating any of these OBW rolls would be gratefully appreciated!

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Format
SpoilerCodeQuote
Heading 2Heading 1
Emoji
:):D:(;):/:o:s:p:'(:|B):#:*<3o:)>:)
Url
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file
Home • U.S. Coin ForumComment As ...