Crazy high prices at Legend auctions today for Washington qtrs
washingtonrainbows
Posts: 463 ✭✭✭
1949-d ms 68 37 k plus juice. Pop 3 about 42 k total
52-d ms67+ 18k plus juice. Pop 3 about 21 k total
I liked the 1949-d a lot thought it might go 15-20 k. I was very active on 49-d.
Just noticed Mr Hansen won both.
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Comments
Under bidders are lucky to have Mr. Hansen at the auction.
It looks like building a top pop registry set just became a lot more expensive. That's crazy.
Hansen is literally spending money 💵 like it’s Monopoly money 💰
Later, Paul.
Do we know this is Hansen? John Brush confirmed Hansen wasn't bidding on the 1902 PCGS MS67RD Indian Head Cent after people were speculating he was.
WR said (I thought I read) he was the underbidder on these 2 coins that Hansen won? Isn’t that correct?
Wondercoin
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???????????????????????????????????????????????????????????????/ mr.hansen
Something tells me you might have had them at the next interval up.
Don't fret. Neither is pop 1. You'll get another shot to upgrade your set.
Yes I was under bidder on both coins. I really wanted the 49-d but figured I already went about 10k higher than my comfort zone. Can’t beat someone who is worth 4 billion if you do your probably buried.
WR... You were buried at your underbid levels! Yes? Why did you do it. You knew you would lose anyway, so not a bad idea to create “new levels” on these type of coins to increase the value of your collection (and mine)? Seems like as good a reason as any! Lol.
Maybe I can offer out my lovely extra 37-S finest known that Hansen needs at $50,000 Now. But, I might be giving it away at that price. HAHAHA!
Wondercoin
@wondercoin What would you have valued the two quarters referenced in the original post?
Maybe around 1/2 the price they sold for. Give or take.
Just my 2 cents.
Wondercoin
Moderns have been setting records for a few years now as collector desire shifts. Like many comments already, I also have seen some highly questionable closing figures coming out of the auctions. Which is not confined to Heritage alone.
Legend Auctions posted two which come to mind. A 1949d, MS68- one of three, and a 1952d, MS67+ one of three with 21 straight 67. The first sold for $43,475 while and the second $21,150 both in May. What strikes my curiosity are the mintage numbers in relation to those graded thus far. Looking at the 1952d as an example just under fifty million were struck. The odds are above average that others will match or beat the MS67+ grade.
While I have several thoughts on the current trend, the two which stand out are bragging rights and average age of todays collector. By that, I refer to the wealth made through the technology sector which are individuals in their early to mid-thirties. Modern coinage, particularly the early years of each, are the Morgan Dollars and Buffalo Nickels to the aged. The choices of todays collector are a good thing for the hobby old and young embrace.