<< <i>I was having a text discussion with a good friend the other day while the HA Portland auction was in progress. I was amazed at how a 1916-D Merc in 66 pcs went for around 80K yet the 1851 Seated Half (Pitman/ Gardner) did not sell, failing to meet the reserve of 50K. Now the 50K reserve might have been a bit high, this is the same coin that sold for around 42K in it's last' iteration', a pcgs 66. (now in a p 67 holder). Both are exceptional gems. The half is such a true rarity, the dime not so much, based on the pops of each. But the dime is the undisputed key to the very popular Mercury Dime series. So as far as pricing is concerned, does it make any sense to you that the rare coin (the '51 half) doesn't sell, or if it did at the consignor's reserve, it would have sold at slightly less than half of the '16-D? Comments, opinions?? >>
Wrong forum.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Comments
<< <i>I was having a text discussion with a good friend the other day while the HA Portland auction was in progress. I was amazed at how a 1916-D Merc in 66 pcs went for around 80K yet the 1851 Seated Half (Pitman/ Gardner) did not sell, failing to meet the reserve of 50K. Now the 50K reserve might have been a bit high, this is the same coin that sold for around 42K in it's last' iteration', a pcgs 66. (now in a p 67 holder). Both are exceptional gems. The half is such a true rarity, the dime not so much, based on the pops of each. But the dime is the undisputed key to the very popular Mercury Dime series. So as far as pricing is concerned, does it make any sense to you that the rare coin (the '51 half) doesn't sell, or if it did at the consignor's reserve, it would have sold at slightly less than half of the '16-D? Comments, opinions?? >>
Wrong forum.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire