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Anyone here watching this bidding war?

edwardjulioedwardjulio Posts: 1,273 ✭✭✭✭✭

End Systemic Elitism - It Takes All of Us
ANA LM, LSCC, EAC, FUN

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    ChangeInHistoryChangeInHistory Posts: 3,109 ✭✭✭✭✭

    I wasn't, but will be checking in now.

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    alaura22alaura22 Posts: 3,863 ✭✭✭✭✭

    A lot of money out there
    10Mil for a Michael Jordan Jersey???
    Really???
    More power to them

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    CatbertCatbert Posts: 8,184 ✭✭✭✭✭

    I am now, thanks.

    Seated Half Society member #38

    "She comes out of the sun in a silk dress,
    running like a water color in the rain...."
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    ZoinsZoins Posts: 34,461 ✭✭✭✭✭
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    johnny9434johnny9434 Posts: 32,364 ✭✭✭✭✭

    Big bucks for sure

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    BillJonesBillJones Posts: 35,786 ✭✭✭✭✭

    It’s a great coin with outstanding cameo contrast, but I’m not sure that I would grade it PR-65 given the hair lining in the fields.

    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
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    3stars3stars Posts: 2,300 ✭✭✭✭✭
    edited September 25, 2022 1:15PM

    It’s UC, but GCs non slabbed pictures are horrible at showing it.

    Previous transactions: Wondercoin, goldman86, dmarks, Type2
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    lilolmelilolme Posts: 2,962 ✭✭✭✭✭

    Nice write up, oh wait... :)

    https://youtube.com/watch?v=hYCRaWPlTIE Sophie Lloyd, guitar shred cover of Panama (Van Halen)

    https://youtube.com/watch?v=dOV1VrDuUm4 Ted Nugent, Hibernation, Live 1976

    RLJ 1958 - 2023

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    Steven59Steven59 Posts: 11,018 ✭✭✭✭✭

    Jeez, not bad for starting it at $1

    "When they can't find anything wrong with you, they create it!"

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    justindanjustindan Posts: 938 ✭✭✭✭✭

    Yes.

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    crazyhounddogcrazyhounddog Posts: 14,214 ✭✭✭✭✭

    A beautiful piece that I’m sure someone will love. They better after that kind a money😵‍💫

    The bitterness of "Poor Quality" is remembered long after the sweetness of low price is forgotten.
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    edwardjulioedwardjulio Posts: 1,273 ✭✭✭✭✭

    Bidders #9 and #10 still battling. $500,000 now, oops, now $520,000 while I was typing, 2hrs 45mins left.

    End Systemic Elitism - It Takes All of Us
    ANA LM, LSCC, EAC, FUN

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    CatbertCatbert Posts: 8,184 ✭✭✭✭✭

    I don’t understand the bidding strategy. Why not snipe?

    Seated Half Society member #38

    "She comes out of the sun in a silk dress,
    running like a water color in the rain...."
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    edwardjulioedwardjulio Posts: 1,273 ✭✭✭✭✭

    I have not figured out how to snipe on GC, too old I guess.

    End Systemic Elitism - It Takes All of Us
    ANA LM, LSCC, EAC, FUN

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    CatbertCatbert Posts: 8,184 ✭✭✭✭✭

    Wait until end of auction and place a last second bid.

    Seated Half Society member #38

    "She comes out of the sun in a silk dress,
    running like a water color in the rain...."
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    alaura22alaura22 Posts: 3,863 ✭✭✭✭✭

    @edwardjulio said:
    I have not figured out how to snipe on GC, too old I guess.

    Very easy, just place your bid within the last 10 seconds and hope it was a high enough bid! :)

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    edwardjulioedwardjulio Posts: 1,273 ✭✭✭✭✭

    Some info:
    1864 $20 PF65UC NGC
    Mintage: 50
    NGC POP all grades/designations-10
    PCGS POP all grades/designations-9
    CAC POP all grades/designations-4

    End Systemic Elitism - It Takes All of Us
    ANA LM, LSCC, EAC, FUN

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    edwardjulioedwardjulio Posts: 1,273 ✭✭✭✭✭

    @alaura22 - Thanks. That sounds easy. I won't be trying it on this one. :D

    End Systemic Elitism - It Takes All of Us
    ANA LM, LSCC, EAC, FUN

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    alaura22alaura22 Posts: 3,863 ✭✭✭✭✭

    Me either.................

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    WalkerfanWalkerfan Posts: 10,283 ✭✭✭✭✭

    I was clueless, until now.

    Now, I’m watching it very closely.

    Thanks.

    Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍

    My Full Walker Registry Set (1916-1947):

    https://www.ngccoin.com/registry/competitive-sets/16292/

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    edwardjulioedwardjulio Posts: 1,273 ✭✭✭✭✭

    Bidder #10 for $599,500. Bidder #9 failed in his/her noble quest.

    End Systemic Elitism - It Takes All of Us
    ANA LM, LSCC, EAC, FUN

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    lilolmelilolme Posts: 2,962 ✭✭✭✭✭

    Don't know why but PCGS had increased their price guide as:
    July 2021 400K
    Feb 2022 500K
    March 2022 700K
    May 2022 775K

    So I guess it all adds up.?.

    https://youtube.com/watch?v=hYCRaWPlTIE Sophie Lloyd, guitar shred cover of Panama (Van Halen)

    https://youtube.com/watch?v=dOV1VrDuUm4 Ted Nugent, Hibernation, Live 1976

    RLJ 1958 - 2023

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    edwardjulioedwardjulio Posts: 1,273 ✭✭✭✭✭

    Interesting. The previous auction record is $359,375 on 01/05/2011.

    End Systemic Elitism - It Takes All of Us
    ANA LM, LSCC, EAC, FUN

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    alaura22alaura22 Posts: 3,863 ✭✭✭✭✭

    Very silly bidding...............

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    MFeldMFeld Posts: 16,639 ✭✭✭✭✭

    @alaura22 said:
    Very silly bidding...............

    How so?

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

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    jmlanzafjmlanzaf Posts: 41,301 ✭✭✭✭✭
    edited September 26, 2022 2:58AM

    @MFeld said:

    @alaura22 said:
    Very silly bidding...............

    How so?

    Because they don't agree with the price. And the bidders didn't "snipe" and they like to snipe.

    Two people enter legitimate bids and the highest bid won. It seems a pretty legitimate result to me.

    Tough date, especially in deep cameo.

    All comments reflect the opinion of the author, even when irrefutably accurate.

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    FloridafacelifterFloridafacelifter Posts: 1,384 ✭✭✭✭✭

    I think that pricing was pretty much spot on- PCGS price guide for a 65 DCAM is $775k, for 64 DCAM is $450k. This buyer was $600k all in.

    If the new owner chooses to cross it and is successful, if it crosses as a 65 DCAM they win, at 64+ DCAM they come out more or less even, and if it crosses at 64 DCAM they lose.

    Most likely it’s already been to CAC and was unsuccessful in a 65 holder but if it crosses in a 64 or 64+ holder a CAC sticker would just be the extra gravy on top.

    For the record I was not involved in this bidding war in any way, although it’s a very nice looking Type 1.

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    MFeldMFeld Posts: 16,639 ✭✭✭✭✭

    @jmlanzaf said:

    @MFeld said:

    @alaura22 said: ;)
    Very silly bidding...............

    How so?

    Because they don't agree with the price. And the bidders didn't "snipe" and they like to snipe.

    Two people enter legitimate bids and the highest bid won. It seems a pretty legitimate result to me.

    Tough date, especially in deep cameo.

    To be fair, isn't it at least possible that the poster who wrote "Very silly bidding" could know far more about that particular coin, its true market value and the best way to bid on it, better than anyone else on the planet? ;)

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

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    jmlanzafjmlanzaf Posts: 41,301 ✭✭✭✭✭

    @MFeld said:

    @jmlanzaf said:

    @MFeld said:

    @alaura22 said: ;)
    Very silly bidding...............

    How so?

    Because they don't agree with the price. And the bidders didn't "snipe" and they like to snipe.

    Two people enter legitimate bids and the highest bid won. It seems a pretty legitimate result to me.

    Tough date, especially in deep cameo.

    To be fair, isn't it at least possible that the poster who wrote "Very silly bidding" could know far more about that particular coin, its true market value and the best way to bid on it, better than anyone else on the planet? ;)

    Lol. Or that.

    All comments reflect the opinion of the author, even when irrefutably accurate.

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