I knew I shouldn't have voted first, given my lack of knowledge of the market for them, or the relative quality of those that exist. A LONG way to go to get to my $4mil guess.
I remember when I first bid in a Heritage Auction. I was shocked...SHOCKED...that they had no way to verify that I actually had the money, or the intent to follow through. Someone with a new account, and no history....Just a guy with a computer.
Yeah, I'm sure they weren't too worried about the $150 coins I might have been playing around with. (Records show it was $120.75 for an 1840 Seated Half, XF-40).
But with multi-million dollar coins?! How do they keep the riff-raff from mucking up the works?
(Trying to stop myself from bidding it up to $4mil so I can claim bragging rights.... )
But with multi-million dollar coins?! How do they keep the riff-raff from mucking up the works?
I suspect that HA have a bidding limit for each bidder. I do not see that stated in my profile, so it's just a educated guess. BTW, SB have a bidding limit for each bidder. I know my limit (it is stated in my SB profile), and it is much higher than I'd ever bid in total for any single auction.
But with multi-million dollar coins?! How do they keep the riff-raff from mucking up the works?
I suspect that HA have a bidding limit for each bidder. I do not see that stated in my profile, so it's just a educated guess. BTW, SB have a bidding limit for each bidder. I know my limit (it is stated in my SB profile), and it is much higher than I'd ever bid in total for any single auction.
I would think they would, but it let me get past the first step in the next bid. Did not want to test hitting "bid".
I know SB has the limit and it is reflected during the live auctions (I cannot bid when it is beyond my limit)
Collector and Researcher of Liberty Head Nickels. ANA LM-6053
@TommyType said:
I remember when I first bid in a Heritage Auction. I was shocked...SHOCKED...that they had no way to verify that I actually had the money, or the intent to follow through. Someone with a new account, and no history....Just a guy with a computer.
Yeah, I'm sure they weren't too worried about the $150 coins I might have been playing around with. (Records show it was $120.75 for an 1840 Seated Half, XF-40).
But with multi-million dollar coins?! How do they keep the riff-raff from mucking up the works?
(Trying to stop myself from bidding it up to $4mil so I can claim bragging rights.... )
You may end up owning it when bidding up, so its not that easy
@TommyType said:
I remember when I first bid in a Heritage Auction. I was shocked...SHOCKED...that they had no way to verify that I actually had the money, or the intent to follow through. Someone with a new account, and no history....Just a guy with a computer.
Yeah, I'm sure they weren't too worried about the $150 coins I might have been playing around with. (Records show it was $120.75 for an 1840 Seated Half, XF-40).
But with multi-million dollar coins?! How do they keep the riff-raff from mucking up the works?
(Trying to stop myself from bidding it up to $4mil so I can claim bragging rights.... )
Im sure Kevin Lipton was surprised to buy the PR 65 1804 Dollar at 3.3 Mio
@privaterarecoincollector said:
Its an auction setup for Del. So it depends really on who is the underbidder.
I have an uneasy feeling reading this - I hope Del ends up having a good time with his foray in the coin business
oh, and I'll guess 2.7 hammer
When I say setup for Del, I mean they might be hoping that he will bid on the coin as he needs it and by doing that the price will be higher than otherwise. I didnt mean it in a bad or negative way.
Looks like Del is doing great, he added many great coins recently and he is buying much greater and more important coins now than he did a year ago.
@DIMEMAN said:
I never have understood the fascination with this coin. To me it is not real. It was minted in 1834 for special sets...not 1804.
But that's just me. I just don't like fake dates on coins.
How are you with the bicentennial quarter and half?
Many (most) collectors don't care about those either. At least the 1804 coins have history, I'll give you that. The pieces are also more fun to look at.
There is a pattern with coin. It appear in Hertiage Auctions every 5 years and sells for avg $3.8M. That’s a lot of BP. My guess is $3.8M based on this pattern.
the link no longer works, but lunch (cheeseburger and cherry coke) with warren buffett ended at 3,300,100 with $100 back in ebay bucks.
I did not see the link, but Warren Buffet was a table away from me at a dine-in brewery years ago in my home town when he was buying newspaper companies. Super nice and chill guy.
@tradedollarnut said:
Interesting- I tried to bid and it just keeps saying “enter a number”
I'm going to use that excuse too....
Someone got in! Bid up to 1.8mil, 2.16 with the juice.
Added: BTW, I wonder if a "broken" bid page is just a polite way of saying, "You're bidding over max limit we have for you in our system". The person affected will naturally call or email, and they can vet the person without offending them....
It would be interesting to know where the LAST one sold stood at this point in the bidding process? Is the "online bidding" just a useless exercise in preparation for live bidding....or is the current level in some way indicative of where it will end up?
@TommyType said:
I remember when I first bid in a Heritage Auction. I was shocked...SHOCKED...that they had no way to verify that I actually had the money, or the intent to follow through. Someone with a new account, and no history....Just a guy with a computer.
Yeah, I'm sure they weren't too worried about the $150 coins I might have been playing around with. (Records show it was $120.75 for an 1840 Seated Half, XF-40).
But with multi-million dollar coins?! How do they keep the riff-raff from mucking up the works?
(Trying to stop myself from bidding it up to $4mil so I can claim bragging rights.... )
Same deal with the Pogue sales I would presume. A percentage which you must put down in order to bid.
Comments
$2,500,001.99
$3,780,000 all in.
"I don't want her, you can have her, she's too fat for me"
"To Be Esteemed Be Useful" - 1792 Birch Cent --- "I personally think we developed language because of our deep need to complain." - Lily Tomlin
$3,141,592 All in.
Don't quote me on that.
Now $1,750;000 hammer ($2;100;000)
$2.4 incl premium.> @DIMEMAN said:
That's what keeps me from bidding on this coin.
$2.36M including premium.
I knew I shouldn't have voted first, given my lack of knowledge of the market for them, or the relative quality of those that exist. A LONG way to go to get to my $4mil guess.
I have an uneasy feeling reading this - I hope Del ends up having a good time with his foray in the coin business
oh, and I'll guess 2.7 hammer
I remember when I first bid in a Heritage Auction. I was shocked...SHOCKED...that they had no way to verify that I actually had the money, or the intent to follow through. Someone with a new account, and no history....Just a guy with a computer.
Yeah, I'm sure they weren't too worried about the $150 coins I might have been playing around with. (Records show it was $120.75 for an 1840 Seated Half, XF-40).
But with multi-million dollar coins?! How do they keep the riff-raff from mucking up the works?
(Trying to stop myself from bidding it up to $4mil so I can claim bragging rights....
)
I suspect that HA have a bidding limit for each bidder. I do not see that stated in my profile, so it's just a educated guess. BTW, SB have a bidding limit for each bidder. I know my limit (it is stated in my SB profile), and it is much higher than I'd ever bid in total for any single auction.
How does one get a hater to stop hating?
I can be reached at evillageprowler@gmail.com
I would think they would, but it let me get past the first step in the next bid. Did not want to test hitting "bid".
I know SB has the limit and it is reflected during the live auctions (I cannot bid when it is beyond my limit)
You may end up owning it when bidding up, so its not that easy
Im sure Kevin Lipton was surprised to buy the PR 65 1804 Dollar at 3.3 Mio
When I say setup for Del, I mean they might be hoping that he will bid on the coin as he needs it and by doing that the price will be higher than otherwise. I didnt mean it in a bad or negative way.
Looks like Del is doing great, he added many great coins recently and he is buying much greater and more important coins now than he did a year ago.
3.36 million all in
Ditto for all the novodel proof draped bust coinage.
Many (most) collectors don't care about those either.
At least the 1804 coins have history, I'll give you that. The pieces are also more fun to look at.
There is a pattern with coin. It appear in Hertiage Auctions every 5 years and sells for avg $3.8M. That’s a lot of BP. My guess is $3.8M based on this pattern.
My 20th Century Gold Major Design Type Set ---started : 11/17/1997 ---- completed : 1/21/2004
Which will close higher? this or this?
Reserve (if any) posts tomorrow night
They do. I know because I’ve hit my limit on a few occasions.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
All in $3.54mm, with a cut bid.
the link no longer works, but lunch (cheeseburger and cherry coke) with warren buffett ended at 3,300,100 with $100 back in ebay bucks.
I admire Buffet though I would choose the 1804 over lunch with him and buy my own cheeseburger and cherry coke with the ebay bucks.
https://coins.ha.com/itm/proof-early-dollars/1804-1-original-pr62-pcgs-secure/a/1276-4003.s?ic=hero-LB-US-Coins-1804Dollar-ViewLot-auction1276-050818
Link
I did not see the link, but Warren Buffet was a table away from me at a dine-in brewery years ago in my home town when he was buying newspaper companies. Super nice and chill guy.
Tough to guess as someone could toss out a $4.5M next higher increment bid while every other bidder is packing up to leave
Ahhh - nuclear. Love it!
No reserve
Interesting- I tried to bid and it just keeps saying “enter a number”
$1.75 million plus juice seems cheap. Don't most people bid before the floor auction on items like this?
I'm going to use that excuse too....
Someone got in! Bid up to 1.8mil, 2.16 with the juice.
Added: BTW, I wonder if a "broken" bid page is just a polite way of saying, "You're bidding over max limit we have for you in our system". The person affected will naturally call or email, and they can vet the person without offending them....
$1,850,000 ($2,220,000) now
If I had money, I'd win, even if it cost 5 million. This is probably why I don't have money
``https://ebay.us/m/KxolR5
$1,900,000 ($2,280,000) now
I think in the 4 million dollar area
You gotta pick a specific number or you cannot win the grand prize.
Coin Rarities Online
3.65 including juice.
I already made a guess and lost, but if my powerball ticket wins, I will go 2mill+juice.
I am not trying to win a prize
Let’s make it $4,000,000 hammer
What is the prize?
My 20th Century Gold Major Design Type Set ---started : 11/17/1997 ---- completed : 1/21/2004
Bragging rights
I’m warming up to the idea of earrings...
I will guess $3,480,000 all in.
@tradedollarnut
You might considered this, since there would also be room for the 1794.
Bump. 2 days to go...
It would be interesting to know where the LAST one sold stood at this point in the bidding process? Is the "online bidding" just a useless exercise in preparation for live bidding....or is the current level in some way indicative of where it will end up?
My over-under is $2.75 (with the bp). Fingers crossed. I want it to do well.
The 1804 is America's most famous numismatic rarity and I would certainly want this coin in my collection if I were building something great.
Whitman Brands: President/CEO (www.greysheet.com; www.whitman.com)
PNG: Executive Director (www.pngdealers.org)
Today’s the day
So what's YOUR guess?
Bid at $1.9m 4:00 CST
Hmmmm. I’m gonna say $2,250,000 plus the juice ($2.7M)
Same deal with the Pogue sales I would presume. A percentage which you must put down in order to bid.