@STEWARTBLAYNUMIS said:
I was the under bidder for a PCGS 1947 Lincoln Cent graded Ms 67 red OGH CAC last night on Great Collections
The price guide for a 1947 Ms 67 + is only $3,500
There is a 1947 Ms 67 red coin in the upcoming Stacks auction bid under $ 100
What a difference for the same date, same grade and same grading service
I'm confused. Are you implying bidding is done at $100?
When you see a coin you really want, don’t bid according to the price guide.
I loved the luster on that 1947 and didn’t care if it got a plus
It was stable in the OGH. I did not see the coin in hand
I bid the coin up from $ 2,000 and the other guys bid was always higher.
Eventually I ran out of time and felt he must have really wanted this coin to pay 3.5 times bid.
Congratulations Dude !
Not sure I am following. If someone paid that price for that coin then that coin is worth that price. What we all think about that being high, low or anywhere in-between is just opinion. That sale is a fact. I can walk a bourse and pick three coins; exact in date, grade and bean status and ironically the only thing NOT the same are the actual coins themselves in terms of surfaces, color, strike etc. And what is extremely UNLIKELY is that the three coins would be priced alike, unless of course, you are "selling the holder and not the coin. "
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Try this link - pick a series and then make selection and you can sort the results by column, like price
https://pcgs.com/auctionprices
Sweet and thanks!
I'm confused. Are you implying bidding is done at $100?
Spots on the reverse are a turn-off.
When you see a coin you really want, don’t bid according to the price guide.
I loved the luster on that 1947 and didn’t care if it got a plus
It was stable in the OGH. I did not see the coin in hand
I bid the coin up from $ 2,000 and the other guys bid was always higher.
Eventually I ran out of time and felt he must have really wanted this coin to pay 3.5 times bid.
Congratulations Dude !
I recall this auction...for a 1963-D Jefferson nickel? And that was over 12 years ago.
84074 Dec-2005 $8,050 MS65 PCGS Bowers & Merena Dec 2005 Baltimore
So $6,500 for a 1947 Lincoln cent doesn't surprise me. Both coins are basically suited for collectors whereby money is no object.
Not sure I am following. If someone paid that price for that coin then that coin is worth that price. What we all think about that being high, low or anywhere in-between is just opinion. That sale is a fact. I can walk a bourse and pick three coins; exact in date, grade and bean status and ironically the only thing NOT the same are the actual coins themselves in terms of surfaces, color, strike etc. And what is extremely UNLIKELY is that the three coins would be priced alike, unless of course, you are "selling the holder and not the coin. "