Why is this raw 1842-O $2.5 going for $12.7k on eBay?

Boosibri · May 19, 2013 8:28AM

1842-O $2.5

bretts911 · May 19, 2013 8:29AM

Shill bids?

LanceNewmanOCC · May 19, 2013 8:53AM

.
strange. none of the research data supports this amount. i don't know of any scarce varieties for the date/mm.

maybe brett is on the money and something hinky is going on?
.

Broadstruck · May 19, 2013 8:59AM

<< Shill bids? >>

BustHalfBrian · May 19, 2013 8:59AM

Someone thought it was a C-Mint?

Either way, that's still an abnormally high bid.

LindeDad · May 19, 2013 9:02AM

That thing looks almost like it was cast and not minted.
And yes games are being played hoping to reel in a sucker.

MrEureka · May 19, 2013 9:15AM

I could see paying the price if it's as nice as it looks like it might be.

sniocsu · May 19, 2013 9:27AM

Gotta be a game. Don't see the value there

Boosibri · May 19, 2013 9:38AM

<< I could see paying the price if it's as nice as it looks like it might be. >>

If it goes MS62 your right.

lkeigwin · May 19, 2013 9:55AM

Looks like games to me too. Zero feedback bidders, bid retraction.
Lance.

Jcarney · May 19, 2013 10:31AM

Looks to be a 4-5k coin to me. No way it's MS....AU55 or so. Seller has over 2k 100% feedback. Strange.

Boosibri · May 20, 2013 4:06AM

Hmm bunch of bids retracted. Now a $4,800 raw coin. Still too high.

coinhunters · May 20, 2013 6:37AM

I would suggest you stay away from auctions as this. These bids are off the wall for a raw/unauthenticated piece, without actually having seen it in-hand. I agree if the coin were truly MS the bidding would seem appropriate.

Boosibri · May 20, 2013 6:51AM

<< I would suggest you stay away from auctions as this. These bids are off the wall for a raw/unauthenticated piece, without actually having seen it in-hand. I agree if the coin were truly MS the bidding would seem appropriate. >>

Agree, I wouldn't touch this with a 10 foot pole. Just so fascinating to see the levels of volatility within this auction and have it not be a shill.

One of my saved searches is for "1842" as I am doing a type set of coins from 1842 with all varieties (which there are tons) thereby noticing this auction.

s4ny · May 20, 2013 8:21AM

14 day return, someone must think it is worth a shot to get MS60 or better.

Or, return the coin.

Boosibri · May 20, 2013 8:23AM

<< 14 day return, someone must think it is worth a shot to get MS60 or better.

Or, return the coin. >>

Recall the post on eBay refusing to enforce the return policies. That to me is no comfort.

coinhunters · May 20, 2013 12:41PM

<< 14 day return, someone must think it is worth a shot to get MS60 or better.

Or, return the coin. >>

How EBAY chooses to enforce it's own published policies is a flip of the coin. Who needs headaches like this. I get better odds betting money,marbles & chalk elsewhere.

Why is this raw 1842-O $2.5 going for $12.7k on eBay?

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