Why this 1974-S Eisenhower in rattler holder worth $2100 ?

I understand that rattler holder contains premium, but why this coin worth this much. Last auction on 1974-s in rattler in $118
Comments
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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?
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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
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@MEJ7070 said:
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?
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
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@WinLoseWin said:
Is it a white label or just faded looking like a white label?no, it is not white lable, white lable start with 108xxxx.
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This one closed a couple of days ago, much, much cheaper.
https://www.ebay.com/itm/187405822418
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I don't know, but it looks like your $11 bid didn't quite get the job done

Collector, occasional seller
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Because I wasn't selling it.
John
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution12 -
Another case of more money than sense?
All glory is fleeting.3 -
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.
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 ... ?5 -
@braddick said:
This one closed a couple of days ago, much, much cheaper.
https://www.ebay.com/itm/187405822418
That's why I ask myself what so special about it or I missed something
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Don’t see it upgrading.
Investor1 -
Top pop in rattler for that year.
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@johnny010 said:
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.
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 ... ?1 -
@BillJones said:
@johnny010 said:
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 huntMost 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.
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@BenjaminTo said:
@braddick said:
This one closed a couple of days ago, much, much cheaper.
https://www.ebay.com/itm/187405822418
That's why I ask myself what so special about it or I missed something
Listed again on eBay by the new owner. Sold pretty quickly:
https://www.ebay.com/itm/1976011485170 -
@johnny010 said:
@BillJones said:
@johnny010 said:
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 huntMost 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.
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.
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 ... ?2 -
@BillJones said:
@johnny010 said:
@BillJones said:
.
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?
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@braddick said:
@BillJones said:
@johnny010 said:
@BillJones said:
.
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?
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.
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 ... ?2 -
Tell us how your really feel, Bill!
Seated Half Society member #38
"She comes out of the sun in a silk dress,
running like a water color in the rain...."2 -
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.
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@davewesen said:
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.
All comments reflect the opinion of the author, even when irrefutably accurate.
1
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