Is this auction result a rattler premium?

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edwardjulio
edwardjulio Posts: 1,302 ✭✭✭✭✭
in U.S. Coin Forum

PCGS PG - $10,500
CAC PG - $12,500

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

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  • lermish
    lermish Posts: 5,022 ✭✭✭✭✭
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    Probably? I was tracking that coin just out of curiosity over the weekend and it didn't seem like that fantastic of an example.

    chopmarkedtradedollars.com

  • Cougar1978
    Cougar1978 Posts: 10,067 ✭✭✭✭✭
    edited March 30, 2026 10:33AM
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    Considering it went for way over CAC CPG $12.5 k seems to reflect a bid war between 2 rich collectors.

    Investor
  • johnny9434
    johnny9434 Posts: 34,117 ✭✭✭✭✭
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    More then likely, its good to see a assay coin to

  • edwardjulio
    edwardjulio Posts: 1,302 ✭✭✭✭✭
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    @Cougar1978
    These are not rare, scarce maybe. Auction result is 62-63 money.

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

  • Cougar1978
    Cougar1978 Posts: 10,067 ✭✭✭✭✭
    edited March 30, 2026 11:16AM
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    The auc result is about 3x CPG retail. As far as why ymmv. Buyer is the end user LOL?

    Investor
  • BillJones
    BillJones Posts: 35,942 ✭✭✭✭✭
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    @edwardjulio said:
    @Cougar1978
    These are not rare, scarce maybe. Auction result is 62-63 money.

    I have run into this many times. I am not a rattle holderer fan, and this is not in my area of interest. Still the idea that all rattle holders contain under graded coins runs deep for many people. While the grading can be conservative, it's conservative enough to rate this kind of premium unless it had a gold CAC sticker. Given that it has no sticker, I think that the winner overpaid.

    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 ... ?
  • Cougar1978
    Cougar1978 Posts: 10,067 ✭✭✭✭✭
    edited March 30, 2026 11:45AM
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    I am not a rattler fan either. Years ago had several sent in see if upgrade and basically broke even after costs to cross. Many rotate in the holder….dealer setup yrs ago recall tap tap on table get them straight position.

    Investor
  • Crypto
    Crypto Posts: 4,098 ✭✭✭✭✭
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    I saw that and was like I would spend 10k on that. If I would jump to the price of a nice used civic several people saw new Civic money

    11.5$ Southern Dollars, The little “Big Easy” set

  • Walkerfan
    Walkerfan Posts: 10,392 ✭✭✭✭✭
    edited March 30, 2026 12:15PM
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    Wow…Just wow.

    Yes, people go NUTS over rattlers.

    I find that breaking them out and upgrading is NOT always as good as leaving them be, especially, if they have a CAC sticker.

    Prices realized are HIGHER that way, as once they’re gone…they’re gone and so is the allure…

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

    My Full Walker Registry Set (1916-1947):

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

  • edwardjulio
    edwardjulio Posts: 1,302 ✭✭✭✭✭
    edited April 2, 2026 9:50AM
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    .

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

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