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Do you think these Morgan auctions really sell for these low prices on ebay ?
thebeav
Posts: 4,124 ✭✭✭✭✭
I was looking at completed sales in the Morgan category. There are quite a few that seem to sell cheaply.
As an example, this one.....
[https://ebay.com/itm/1883-CARSON-CITY-MORGAN-SILVER-DOLLAR-1-DAY-ONLY-AUCTION-GEM-BU-/383267271251?hash=item593c827253:g:5IUAAOSwDYZdzeJk&LH_Auction=1&nma=true&si=NSSh6AEpoiQsIV7%2BgnwmEsQS9e8%3D&orig_cvip=true&nordt=true&rt=nc&_trksid=p2047675.l2557](http://https://www.ebay.com/itm/1883-CARSON-CITY-MORGAN-SILVER-DOLLAR-1-DAY-ONLY-AUCTION-GEM-BU-/383267271251?
Do you think this is indicative of a real sale ?
Needless to say, I have nothing to do with this auction or seller.
Not a pretty coin, but 7 dollars ?
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Link does not work.... However, seven dollars? Must be a really ratty Morgan....One could make a profit at melt price right now...Cheers, RickO
Fixed
https://www.ebay.com/itm/1883-CARSON-CITY-MORGAN-SILVER-DOLLAR-1-DAY-ONLY-AUCTION-GEM-BU-/383267271251?
Might sound harsh but IMO that seller deserves to lose money. One day auction, claims GEM BU on a problem coin. Given that ridiculous claim I'm going to assume they cancelled the sale anyway.
Collector, occasional seller
@TurboSnail...Thank you....and yes, it appears it was cancelled...Though it says prior sale was the reason...
Cheers, RickO
Oh, thanks....I didn't see that......
Welcome to the real world where they don’t want to pay the money lol.
If just one day no surprise if it went for $7.
Hopefully he did not give it away for $7.
Something like that start at or close to blue sheet. Do 7 day auction. If does not sell throw back in store at retail or drop say 5pct and relist again in auction.
It reminds me of 3 card poker. Many get paid every 15 or 30 days so if u don’t hit right in cycle forget it. Hedge your bets. There is no guarantee item will be bid up enough. Review before 24 hr to auction end so you can end it your worried about giving it away.