Same coin. Twice sold by Heritage 9 months apart. Very different results.

Both times, this coin was sold in a Sunday Internet Live session as part of a bigger auction event. Both with identical images.
In February for $2585
This Sunday for $881
I have no idea what the explanation is, but it's a curious discrepancy in price.
In February for $2585
This Sunday for $881
I have no idea what the explanation is, but it's a curious discrepancy in price.
I like large size currency and silver dollars.
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Comments
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A toning buy that did not treat them well on resale?
OR
Someone thought they were going to own it forever, they needed to sell it and got unlucky?
OR
.........?
In any case, overpaying hurt with this example. WOW!
Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners.
Authorized dealer for PCGS, PCGS Currency, NGC, NCS, PMG, CAC. Member of the PNG, ANA. Member dealer of CoinPlex and CCE/FACTS as "CH5"
<< <i>My first assumption is in the first sale at least two bidders liked the coin a bit too much either for the toning or for the upgrade potential. >>
Rob
Successful Trades with: Coincast, MICHAELDIXON
Successful Purchases from: Manorcourtman, Meltdown
Second time same thing- just at a much lower gamble level
Liberty: Parent of Science & Industry
And in reply to the question "is it worth $881?"... my answer is an emphatic no.
I'm unclear on this aspect of HA prices realized.
Hoard the keys.
U.S. Type Set
<< <i>What exactly does "Make offer to owner" mean?
I'm unclear on this aspect of HA prices realized. >>
Exactly what it says--just push the button and you can make a ridiculous offer to the owner to try to buy the coin. Usually the minimum offer is always 20% or more over the price realized. I do not know why Heritage offers this service but my thinking is that at their auctions, since the high bidder was not outbid anyone else who wanted the coin already put in his highest bid and certainly does not want to pay 20 % or more above the price realized for it-unless maybe quite a few years down the road.
If you push the make offer to owner button on this coin the minimum offer is $1056. You can offer more. I, personally, do not think that the coin is worth more than $500. But maybe someone out there will still pay moon money for toning. Not I.
Bob
<< <i>What exactly does "Make offer to owner" mean?
I'm unclear on this aspect of HA prices realized. >>
It means that the owner would be willing to sell the coin and would pay Heritage a commish to do so. There are those folks who forget to turn that feature off.
<< <i>
<< <i>What exactly does "Make offer to owner" mean?
I'm unclear on this aspect of HA prices realized. >>
It means that the owner would be willing to sell the coin and would pay Heritage a commish to do so. There are those folks who forget to turn that feature off. Further one can list some or all of his inventory with the Heritage MyCollection feature and use it as a way offer,advertise, list coins for sale. >>