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1957 Proof Set sold for $543.97 ?? What am I missing here?

UtahCoinUtahCoin Posts: 5,366 ✭✭✭✭✭
in U.S. Coin Forum

https://ebay.com/itm/1957-United-States-Silver-Proof-Set-No-Envelope-No-Reserve-/382382751631?hash=item5907c9bf8f%3Ag%3AeSIAAOSw~YRahhG9&nma=true&si=ZyjECZ5x6Pj6M9rNsYwKwgJNGrA%253D&orig_cvip=true&rt=nc&_trksid=p2047675.l2557

I used to be somebody, now I'm just a coin collector.
Recipient of the coveted "You Suck" award, April 2009 for cherrypicking a 1833 CBHD LM-5, and April 2022 for a 1835 LM-12, and again in Aug 2012 for picking off a 1952 FS-902.

Comments

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    Insider2Insider2 Posts: 14,452 ✭✭✭✭✭

    It was not yours. :)

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    KollectorKingKollectorKing Posts: 4,820 ✭✭✭✭✭


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    BlindedByEgoBlindedByEgo Posts: 10,754 ✭✭✭✭✭

    Two bidiots with nuclear bids. Used to see this much more often on eBay. Keep an eye out for a relisting of this item :).

    Check out my current listings: https://ebay.com/sch/khunt/m.html?_ipg=200&_sop=12&_rdc=1

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    ModCrewmanModCrewman Posts: 4,055 ✭✭✭✭✭
    edited March 21, 2018 12:48PM

    Someone who thinks they see a TDR half with a shot at being CAM/DCAM (of which there are currently none)?

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    coinpalicecoinpalice Posts: 2,469 ✭✭✭✭✭

    they sell in the 30 to 35 range. the winning bidder worked for nothing the whole week
    https://www.ebay.com/itm/1957-U-S-SILVER-5-COIN-PROOF-SET-IN-ORIGINAL-GOVERNMENT-PACKAGING-NR/183114104101?hash=item2aa2737d25:g:2Z4AAOSwfghaoBDn

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    coinpalicecoinpalice Posts: 2,469 ✭✭✭✭✭

    seller charged for shipping on top of it

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    SanctionIISanctionII Posts: 13,309 ✭✭✭✭✭

    Probably two bidders who thought that the half dollar is a possible DCAM (based upon the scan of the reverse side of the half dollar). A 30 day return privilege allows the high bidder to actually look at the half dollar in hand. If it is not a high grade DCAM simply return the proof set. Only down side is the cost of shipping the return.

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    CommemKingCommemKing Posts: 2,202 ✭✭✭✭✭

    I would’nt pay $50 for that set.

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    coinpalicecoinpalice Posts: 2,469 ✭✭✭✭✭

    the franklin half doesn't have cameo, how could it have deep cameo?

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    mannie graymannie gray Posts: 7,259 ✭✭✭✭✭

    @coinpalice said:
    the franklin half doesn't have cameo, how could it have deep cameo?

    Buyer maybe was gambling that the CAM didn't show on the pics of obverse.
    reverse pics look certainly CAM/shot DCAM.

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    davewesendavewesen Posts: 7,017 ✭✭✭✭✭

    looks like could be TDR half FS-801

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    CameonutCameonut Posts: 7,438 ✭✭✭✭✭

    @mannie gray said:

    @coinpalice said:
    the franklin half doesn't have cameo, how could it have deep cameo?

    Buyer maybe was gambling that the CAM didn't show on the pics of obverse.
    reverse pics look certainly CAM/shot DCAM.

    This.
    95% chance the set is returned. Cost to "gambler" is shipping.

    “In matters of style, swim with the current; in matters of principle, stand like a rock." - Thomas Jefferson

    My digital cameo album 1950-64 Cameos - take a look!

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    KollectorKingKollectorKing Posts: 4,820 ✭✭✭✭✭

    @Cameonut said:

    @mannie gray said:

    @coinpalice said:
    the franklin half doesn't have cameo, how could it have deep cameo?

    Buyer maybe was gambling that the CAM didn't show on the pics of obverse.
    reverse pics look certainly CAM/shot DCAM.

    This.
    95% chance the set is returned. Cost to "gambler" is shipping.

    I'll say 99.9% chance :D

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    stevekstevek Posts: 32,933 ✭✭✭✭✭

    I wouldn't knock the buyer for trying...but does the buyer really think something like that is going to slip past a seller by the name of "foremans-rare-coins"?

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    TreashuntTreashunt Posts: 6,748 ✭✭✭✭✭

    The Franklin rev is frosted, they are gambling that the obv is also

    Frank

    BHNC #203

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    davewesendavewesen Posts: 7,017 ✭✭✭✭✭

    @KollectorKing said:

    @Cameonut said:

    @mannie gray said:

    @coinpalice said:
    the franklin half doesn't have cameo, how could it have deep cameo?

    Buyer maybe was gambling that the CAM didn't show on the pics of obverse.
    reverse pics look certainly CAM/shot DCAM.

    This.
    95% chance the set is returned. Cost to "gambler" is shipping.

    I'll say 99.9% chance :D

    sold a month ago, positive feedback left, has not been relisted... I would put the probability lower

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    ilikemonstersilikemonsters Posts: 767 ✭✭✭✭

    Is it just me or is the West Cent a Rotated Die error? I might be rotating the set the wrong way.

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    jesbrokenjesbroken Posts: 11,302 ✭✭✭✭✭

    No rotation that I see, but a nice looking frosted cent. Can't imagine what someone is seeing that makes the set worth that. Interesting that I just bought one for $35 for a birthday set. Hope it's really worth a fortune and mine's in the original envelope. lol


    When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln

    Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain
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    BuffaloIronTailBuffaloIronTail Posts: 7,788 ✭✭✭✭✭

    The bid went from $25.00 to $533.97. Then the $25.00 bidder upped the bid to $543.97 and won.

    Pete

    "I tell them there's no problems.....only solutions" - John Lennon
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    JimnightJimnight Posts: 10,845 ✭✭✭✭✭

    What @BlindedByEgo said.

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    COCollectorCOCollector Posts: 1,434 ✭✭✭✭✭

    Both nuclear bidders have a history of buying proof sets. So I doubt they're bidiots.

    Maybe an extra digit in an automatic bidding snipe... the high-priced action occurred in the last minute.

    Successful BST transactions with forum members thebigeng, SPalladino, Zoidmeister, jacrispies, coin22lover, coinsarefun, jwitten, CommemKing.

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    COCollectorCOCollector Posts: 1,434 ✭✭✭✭✭

    "Two drunks walk into an internet bar..."

    Successful BST transactions with forum members thebigeng, SPalladino, Zoidmeister, jacrispies, coin22lover, coinsarefun, jwitten, CommemKing.

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    RogerBRogerB Posts: 8,954 ✭✭✭✭✭

    If the set was as described, why should the buyer be excused from his/her bid?

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    abcde12345abcde12345 Posts: 3,404 ✭✭✭✭✭

    All you need is for a single coin to go ms70 and you will have tripled your money.

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    BlindedByEgoBlindedByEgo Posts: 10,754 ✭✭✭✭✭

    @COCollector said:
    Both nuclear bidders have a history of buying proof sets. So I doubt they're bidiots.

    Maybe an extra digit in an automatic bidding snipe... the high-priced action occurred in the last minute.

    Just curious, but as eBay anonymizes bidders, how can you identify them?

    Check out my current listings: https://ebay.com/sch/khunt/m.html?_ipg=200&_sop=12&_rdc=1

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    COCollectorCOCollector Posts: 1,434 ✭✭✭✭✭
    edited March 21, 2018 9:30PM

    @BlindedByEgo said:

    @COCollector said:
    Both nuclear bidders have a history of buying proof sets. So I doubt they're bidiots.

    Maybe an extra digit in an automatic bidding snipe... the high-priced action occurred in the last minute.

    Just curious, but as eBay anonymizes bidders, how can you identify them?

    I should have said "bidding", not "buying." My mistake.

    The winning bidder has a 30-day bid history involving lots of proof sets.

    But the other bidder's 30-day history looks suspicious. Maybe a shill or prankster or bored kid.

    Successful BST transactions with forum members thebigeng, SPalladino, Zoidmeister, jacrispies, coin22lover, coinsarefun, jwitten, CommemKing.

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    BlindedByEgoBlindedByEgo Posts: 10,754 ✭✭✭✭✭

    Just 'cause an eBay member bids on lots of, well, pretty much anything doesn't make them NOT a bidiot :D

    Check out my current listings: https://ebay.com/sch/khunt/m.html?_ipg=200&_sop=12&_rdc=1

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    rickoricko Posts: 98,721 ✭✭✭✭✭

    I do not see any reason for that price... of course, it may be a 'gamble' as stated above.... pretty expensive gamble I would say... Cheers, RickO

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    BuffaloIronTailBuffaloIronTail Posts: 7,788 ✭✭✭✭✭

    @BlindedByEgo said:
    Just 'cause an eBay member bids on lots of, well, pretty much anything doesn't make them NOT a bidiot :D

    Bidiot..............I gotta remember that one.

    Pette

    "I tell them there's no problems.....only solutions" - John Lennon

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