Why this 1974-S Eisenhower in rattler holder worth $2100 ?
BenjaminTo
Posts: 23 ✭
I understand that rattler holder contains premium, but why this coin worth this much. Last auction on 1974-s in rattler in $118
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Wow.
Best guess is 2 bidders thought it could upgrade all the way to 69?
That or 2 people needed an Ike for a rattler type set?
Is it a white label or just faded looking like a white label?
"To Be Esteemed Be Useful" - 1792 Birch Cent --- "I personally think we developed language because of our deep need to complain." - Lily Tomlin
I am not sure about it. I do not think anyone would buy a coin for a chance of gold cac, it is really hard and not guaranteed. Also, I do not it is hard to find 1974s in ms67, you could pay $300-400 and someone would be happy to sell
no, it is not white lable, white lable start with 108xxxx.
This one closed a couple of days ago, much, much cheaper.
https://www.ebay.com/itm/187405822418
peacockcoins
I don't know, but it looks like your $11 bid didn't quite get the job done
Collector, occasional seller
Because I wasn't selling it.
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
What is interesting is I bought the one shown by @braddick on great collections might have been the only bidder at 100 opening bid. It does have an interesting label. Happy to sell it after a few weeks on the bay. No idea why the one shown went for over 2000.
Another case of more money than sense?
By the looks of the close-up, I don’t think it will upgrade.
If this were a copper-nickel clad Ike, it would be impressive. As an Unc. silver Ike, it isn’t.
That's why I ask myself what so special about it or I missed something
Don’t see it upgrading.
Top pop in rattler for that year.
Whoppie!
Are there similar or better ones in the large PCGS holders? I have never been a fan of rattle holders. More than a decade ago, I used to pay to have rattle holders re-holdered. Silly me.
Yes to myself and many other rattler collectors, we value the top pops for the day based on the October of 1989 report. Many reasons come to mind:
1) historical preservation
2) pre-grade-inflation
3) Americana
4) rarity
5) the hunt
Most coins out there you can buy them if you have the money. Not the case with rattlers as it add much more complexity to collecting because many were cracked out. This additional twist makes collecting/the hunt that much more fun.
Coin isn’t mine, but that should explain the “whoopie” portion of your post.
Listed again on eBay by the new owner. Sold pretty quickly:
https://www.ebay.com/itm/197601148517
peacockcoins
I don’t care about the rattle holder. I disliked them because many of them rattle. They were often an inferior storage device. I had a $10 Liberty gold piece that rattled, and I cracked it out for exactly that reason.
The history of third party grading holders means nothing to me. It’s the coin which counts. If the coin rattles in the holder, I don’t like it. That goes for any holder, including Capital Plastics, came before third party grading.
.
If you owned that exact $10. Liberty in a Doily that rattled, would you still bust it out?
peacockcoins
I would only keep it if I liked the coin. I don’t care about doilies. I collect coins, not slab labels or shapes. I don’t like holders that rattle, period.
Tell us how your really feel, Bill!
"Got a flaming heart, can't get my fill"
Just because an auction closes at a certain price does not mean the item is worth that amount, it only means 2 bidders were willing to bid that much and a bid increment lower.
True. But if we can't glean value from transactions then there is no value assignable to any object.