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What am I missing here? Very high auction winning bid on 1909-S VDB

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    @braddick > Animals do not purposely jump off cliffs. The idea of mass animals running off cliffs is a myth.

    Jesus Christ made it happen :)

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    jmlanzafjmlanzaf Posts: 42,633 ✭✭✭✭✭

    @braddick said:

    @mr1931S said:

    @RedRocket said:
    Make that now eighteen.
    It isn't so bad you not learning anything from this thread (and others) it's that you don't know you haven't learned anything from this thread (and others).

    All you have to do is actually read some of my posts to get that I have learned from others in this forum.

    Start paying more attention to what I actually write instead of being in a reactionary, going with the herd mode so much. Sometimes the herd, unthinkingly, goes over the cliff.

         Not my battle, yet a couple of quick thoughts.
    

    First, fortunately reading your posts is not a requirement for enjoying and participating on these forums.

    Second, "sometimes the herd goes over the cliff" is actually being proven to be false.
    Animals do not purposely jump off cliffs. The idea of mass animals running off cliffs is a myth.

    No, but they do beach themselves.

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

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    cameonut2011cameonut2011 Posts: 10,568 ✭✭✭✭✭

    @renomedphys said:
    Any casual reader of this thread would be forgiven for forgetting what the topic is having read through all the posts

    The thread really ended on page one.

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    Cougar1978Cougar1978 Posts: 10,009 ✭✭✭✭✭

    Rich bidders will bid into the stratosphere.

    Investor
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    MFeldMFeld Posts: 17,058 ✭✭✭✭✭

    @renomedphys said:
    Here’s my take on the OP. The coin has a “look”. I’ve seen a lot of coins in that exact holder that don’t have any kind of a “look”. And the look that coin has screams high-end. Sure it has strike issues and a few specks. Whatever. If you’re going for coins that wow, you need a coin with a look that speaks for itself. Simply upgrading won’t do. In that sense, the coin was a bargain at $15k because the new owner got the look they wanted without having to do battle at the next grade level up. Bravo!

    Your post is written as if assuming a collector bought the coin. But unless someone here knows who won it and can confirm that, I’m open to the possibility that a dealer bought the coin.

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

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    mr1931Smr1931S Posts: 7,198 ✭✭✭✭✭

    Update to "Is 1909-S V.D.B. essential to complete Lincoln set, 1909-1940?" is coming soon. I managed a new look for my Whitman album of these that's not too cheesy,in my opinion. B) Pictures will > @MFeld said:

    @renomedphys said:
    Here’s my take on the OP. The coin has a “look”. I’ve seen a lot of coins in that exact holder that don’t have any kind of a “look”. And the look that coin has screams high-end. Sure it has strike issues and a few specks. Whatever. If you’re going for coins that wow, you need a coin with a look that speaks for itself. Simply upgrading won’t do. In that sense, the coin was a bargain at $15k because the new owner got the look they wanted without having to do battle at the next grade level up. Bravo!

    Your post is written as if assuming a collector bought the coin. But unless someone here knows who won it and can confirm that, I’m open to the possibility that a dealer bought the coin.

    A dealer should have someone to go to make sale to when paying so much for such a common coin. Someone is going to pay a dealer enough for this coin so that dealer makes a reasonable profit? Dealer is not going to tie up 15 grand in a coin like this with no one to go to, right?

    “The way I see it, if you want the rainbow, you gotta put up with the rain.”
    “Find out who you are and do it on purpose.”
    “Don’t get so busy making a living that you forget to make a life.”
    “We cannot direct the wind, but we can adjust the sails.”
    “Dream more, learn more, care more, and be more.”

    Parton’s quotes often blend humor, humility, and practical wisdom, reflecting her life journey from rural Tennessee to global stardom. They remind us to embrace challenges, nurture relationships, and live with purpose and joy.

    Dolly Parton (1946-2026)

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    jmlanzafjmlanzaf Posts: 42,633 ✭✭✭✭✭
    edited August 22, 2026 5:54AM

    @mr1931S said:
    Update to "Is 1909-S V.D.B. essential to complete Lincoln set, 1909-1940?" is coming soon. I managed a new look for my Whitman album of these that's not too cheesy,in my opinion. B) Pictures will > @MFeld said:

    @renomedphys said:
    Here’s my take on the OP. The coin has a “look”. I’ve seen a lot of coins in that exact holder that don’t have any kind of a “look”. And the look that coin has screams high-end. Sure it has strike issues and a few specks. Whatever. If you’re going for coins that wow, you need a coin with a look that speaks for itself. Simply upgrading won’t do. In that sense, the coin was a bargain at $15k because the new owner got the look they wanted without having to do battle at the next grade level up. Bravo!

    Your post is written as if assuming a collector bought the coin. But unless someone here knows who won it and can confirm that, I’m open to the possibility that a dealer bought the coin.

    A dealer should have someone to go to make sale to when paying so much for such a common coin. Someone is going to pay a dealer enough for this coin so that dealer makes a reasonable profit? Dealer is not going to tie up 15 grand in a coin like this with no one to go to, right?

    Common? What's the population in 65 Red CAC (163 at 65 or better)

    Yes, a dealer might well have a buyer a few hundred above that price.

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

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    mr1931Smr1931S Posts: 7,198 ✭✭✭✭✭

    @jmlanzaf said:

    @mr1931S said:
    Update to "Is 1909-S V.D.B. essential to complete Lincoln set, 1909-1940?" is coming soon. I managed a new look for my Whitman album of these that's not too cheesy,in my opinion. B) Pictures will > @MFeld said:

    @renomedphys said:
    Here’s my take on the OP. The coin has a “look”. I’ve seen a lot of coins in that exact holder that don’t have any kind of a “look”. And the look that coin has screams high-end. Sure it has strike issues and a few specks. Whatever. If you’re going for coins that wow, you need a coin with a look that speaks for itself. Simply upgrading won’t do. In that sense, the coin was a bargain at $15k because the new owner got the look they wanted without having to do battle at the next grade level up. Bravo!

    Your post is written as if assuming a collector bought the coin. But unless someone here knows who won it and can confirm that, I’m open to the possibility that a dealer bought the coin.

    A dealer should have someone to go to make sale to when paying so much for such a common coin. Someone is going to pay a dealer enough for this coin so that dealer makes a reasonable profit? Dealer is not going to tie up 15 grand in a coin like this with no one to go to, right?

    Common? What's the population in 65 Red CAC (163 at 65 or better)

    Yes, a dealer might well have a buyer a few hundred above that price.

    I should have used "readily available" rather than "common." 1909-S V.D.B. pennies being readily available, to collector who wants one, in all grades (except for MS-67 or higher) is a FACT. Gem uncs (65s and 66s) are going to be somewhat less available than choice uncs (63s and 64s) stands to reason. A dealer who spends $15K for a 1909-S V.D.B. is going to be content collecting just "a few hundred" profit? $300 profit would be a paltry 2% above $15,000. Seems like taking a lot of risk for the possibility of little reward to me. A dealer could easily find himself buried in this piece by paying $15K for it is what I'm seeing.

    I seriously doubt a dealer would drop $15K for a coin that is the subject of this thread. $15K is well above what "retail" value of this piece really is. $7500 up to $10,000 retail value in today's market,okay. Not my money. But I'm saying $7500 to $10K seems to be a "reasonable" amount to pay for one who wants it for their collection. Assume dealer buys it for $7500. The dealer who doesn't stand to make at least 10% profit by selling to a collector is a dealer who should be selling vacuum cleaners instead of coins.

    Mr. Feld should agree with me on this.

    “The way I see it, if you want the rainbow, you gotta put up with the rain.”
    “Find out who you are and do it on purpose.”
    “Don’t get so busy making a living that you forget to make a life.”
    “We cannot direct the wind, but we can adjust the sails.”
    “Dream more, learn more, care more, and be more.”

    Parton’s quotes often blend humor, humility, and practical wisdom, reflecting her life journey from rural Tennessee to global stardom. They remind us to embrace challenges, nurture relationships, and live with purpose and joy.

    Dolly Parton (1946-2026)

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    lermishlermish Posts: 4,919 ✭✭✭✭✭

    @mr1931S said:

    But I'm saying $7500 to $10K seems to be a "reasonable" amount to pay for one who wants it for their collection.

    And at least the collector knows what his $10K coin will be worth when it’s time to resell it.

    chopmarkedtradedollars.com

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    jmlanzafjmlanzaf Posts: 42,633 ✭✭✭✭✭

    @mr1931S said:

    @jmlanzaf said:

    @mr1931S said:
    Update to "Is 1909-S V.D.B. essential to complete Lincoln set, 1909-1940?" is coming soon. I managed a new look for my Whitman album of these that's not too cheesy,in my opinion. B) Pictures will > @MFeld said:

    @renomedphys said:
    Here’s my take on the OP. The coin has a “look”. I’ve seen a lot of coins in that exact holder that don’t have any kind of a “look”. And the look that coin has screams high-end. Sure it has strike issues and a few specks. Whatever. If you’re going for coins that wow, you need a coin with a look that speaks for itself. Simply upgrading won’t do. In that sense, the coin was a bargain at $15k because the new owner got the look they wanted without having to do battle at the next grade level up. Bravo!

    Your post is written as if assuming a collector bought the coin. But unless someone here knows who won it and can confirm that, I’m open to the possibility that a dealer bought the coin.

    A dealer should have someone to go to make sale to when paying so much for such a common coin. Someone is going to pay a dealer enough for this coin so that dealer makes a reasonable profit? Dealer is not going to tie up 15 grand in a coin like this with no one to go to, right?

    Common? What's the population in 65 Red CAC (163 at 65 or better)

    Yes, a dealer might well have a buyer a few hundred above that price.

    I should have used "readily available" rather than "common." 1909-S V.D.B. pennies being readily available, to collector who wants one, in all grades (except for MS-67 or higher) is a FACT. Gem uncs (65s and 66s) are going to be somewhat less available than choice uncs (63s and 64s) stands to reason. A dealer who spends $15K for a 1909-S V.D.B. is going to be content collecting just "a few hundred" profit? $300 profit would be a paltry 2% above $15,000. Seems like taking a lot of risk for the possibility of little reward to me. A dealer could easily find himself buried in this piece by paying $15K for it is what I'm seeing.

    I seriously doubt a dealer would drop $15K for a coin that is the subject of this thread. $15K is well above what "retail" value of this piece really is. $7500 up to $10,000 retail value in today's market,okay. Not my money. But I'm saying $7500 to $10K seems to be a "reasonable" amount to pay for one who wants it for their collection. Assume dealer buys it for $7500. The dealer who doesn't stand to make at least 10% profit by selling to a collector is a dealer who should be selling vacuum cleaners instead of coins.

    Mr. Feld should agree with me on this.

    That is NOT true. There are plenty of dealers who act as agents and would be thrilled with a quick flip for a few hundred.

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

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    mr1931Smr1931S Posts: 7,198 ✭✭✭✭✭

    Collector with dollar signs in his head who pays a dealer anything north of $8000 for the OP piece better be ready for the long haul.

    1909-S V.D.B. is listed in 1962 Red Book at $115 in unc. condition. 2027 Red Book lists 1909-S V.D.B. at $2050 in MS-60 (strictly uncirculated).

    “The way I see it, if you want the rainbow, you gotta put up with the rain.”
    “Find out who you are and do it on purpose.”
    “Don’t get so busy making a living that you forget to make a life.”
    “We cannot direct the wind, but we can adjust the sails.”
    “Dream more, learn more, care more, and be more.”

    Parton’s quotes often blend humor, humility, and practical wisdom, reflecting her life journey from rural Tennessee to global stardom. They remind us to embrace challenges, nurture relationships, and live with purpose and joy.

    Dolly Parton (1946-2026)

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    jmlanzafjmlanzaf Posts: 42,633 ✭✭✭✭✭
    edited August 22, 2026 8:05AM

    @mr1931S said:
    Collector with dollar signs in his head who pays a dealer anything north of $8000 for the OP piece better be ready for the long haul.

    1909-S V.D.B. is listed in 1962 Red Book at $115 in unc. condition. 2027 Red Book lists 1909-S V.D.B. at $2050 in MS-60 (strictly uncirculated).

    Anyone who prices that coin in the Red Book needs to go back to school.

    Last 3 at Heritage. I guess they don't own a Redbook



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

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    MFeldMFeld Posts: 17,058 ✭✭✭✭✭

    @jmlanzaf said:

    @mr1931S said:

    @jmlanzaf said:

    @mr1931S said:
    Update to "Is 1909-S V.D.B. essential to complete Lincoln set, 1909-1940?" is coming soon. I managed a new look for my Whitman album of these that's not too cheesy,in my opinion. B) Pictures will > @MFeld said:

    @renomedphys said:
    Here’s my take on the OP. The coin has a “look”. I’ve seen a lot of coins in that exact holder that don’t have any kind of a “look”. And the look that coin has screams high-end. Sure it has strike issues and a few specks. Whatever. If you’re going for coins that wow, you need a coin with a look that speaks for itself. Simply upgrading won’t do. In that sense, the coin was a bargain at $15k because the new owner got the look they wanted without having to do battle at the next grade level up. Bravo!

    Your post is written as if assuming a collector bought the coin. But unless someone here knows who won it and can confirm that, I’m open to the possibility that a dealer bought the coin.

    A dealer should have someone to go to make sale to when paying so much for such a common coin. Someone is going to pay a dealer enough for this coin so that dealer makes a reasonable profit? Dealer is not going to tie up 15 grand in a coin like this with no one to go to, right?

    Common? What's the population in 65 Red CAC (163 at 65 or better)

    Yes, a dealer might well have a buyer a few hundred above that price.

    I should have used "readily available" rather than "common." 1909-S V.D.B. pennies being readily available, to collector who wants one, in all grades (except for MS-67 or higher) is a FACT. Gem uncs (65s and 66s) are going to be somewhat less available than choice uncs (63s and 64s) stands to reason. A dealer who spends $15K for a 1909-S V.D.B. is going to be content collecting just "a few hundred" profit? $300 profit would be a paltry 2% above $15,000. Seems like taking a lot of risk for the possibility of little reward to me. A dealer could easily find himself buried in this piece by paying $15K for it is what I'm seeing.

    I seriously doubt a dealer would drop $15K for a coin that is the subject of this thread. $15K is well above what "retail" value of this piece really is. $7500 up to $10,000 retail value in today's market,okay. Not my money. But I'm saying $7500 to $10K seems to be a "reasonable" amount to pay for one who wants it for their collection. Assume dealer buys it for $7500. The dealer who doesn't stand to make at least 10% profit by selling to a collector is a dealer who should be selling vacuum cleaners instead of coins.

    Mr. Feld should agree with me on this.

    That is NOT true. There are plenty of dealers who act as agents and would be thrilled with a quick flip for a few hundred.

    Additionally, while the consensus among posters was negative regarding the appearance of the coin relative to the price realized, it’s possible that one or more dealers thought it was undergirded.

    Over the years, I’ve seen many posts labeling winning bidders foolish for the prices they paid. But it turned out that the coins were better quality and far more valuable than the posters thought.

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

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    MasonGMasonG Posts: 7,413 ✭✭✭✭✭

    @MFeld said:
    Over the years, I’ve seen many posts labeling winning bidders foolish for the prices they paid. But it turned out that the coins were better quality and far more valuable than the posters thought.

    That would require recognizing that some dealers are actually competent and knowledgeable about what they do for a living. Kind of a stretch for some posters here to admit that, I'd think.

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    mr1931Smr1931S Posts: 7,198 ✭✭✭✭✭

    "Over the years, I’ve seen many posts labeling winning bidders foolish for the prices they paid. But it turned out that the coins were better quality and far more valuable than the posters thought."

    Did the quality get better for the getting-far-more-valuable coins you are referring to as time went by?

    “The way I see it, if you want the rainbow, you gotta put up with the rain.”
    “Find out who you are and do it on purpose.”
    “Don’t get so busy making a living that you forget to make a life.”
    “We cannot direct the wind, but we can adjust the sails.”
    “Dream more, learn more, care more, and be more.”

    Parton’s quotes often blend humor, humility, and practical wisdom, reflecting her life journey from rural Tennessee to global stardom. They remind us to embrace challenges, nurture relationships, and live with purpose and joy.

    Dolly Parton (1946-2026)

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    mr1931Smr1931S Posts: 7,198 ✭✭✭✭✭

    @MasonG said:

    @MFeld said:
    Over the years, I’ve seen many posts labeling winning bidders foolish for the prices they paid. But it turned out that the coins were better quality and far more valuable than the posters thought.

    That would require recognizing that some dealers are actually competent and knowledgeable about what they do for a living. Kind of a stretch for some posters here to admit that, I'd think.

    You can leave me out as one of "some posters here." I do recognize that some dealers are competent and knowledgeable. I am seriously questioning, however, that a dealer would pay $15K for the OP coin.

    A rich collector who's into competitive bidding and wants to "win" at that game pays $15K. Oh well. But a dealer whose livelihood/survivability depends on making smart purchases when buying coins that take thousands of dollars to acquire goes for this coin for $15K?

    I remain unconvinced that a dealer bought the OP coin.

    “The way I see it, if you want the rainbow, you gotta put up with the rain.”
    “Find out who you are and do it on purpose.”
    “Don’t get so busy making a living that you forget to make a life.”
    “We cannot direct the wind, but we can adjust the sails.”
    “Dream more, learn more, care more, and be more.”

    Parton’s quotes often blend humor, humility, and practical wisdom, reflecting her life journey from rural Tennessee to global stardom. They remind us to embrace challenges, nurture relationships, and live with purpose and joy.

    Dolly Parton (1946-2026)

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    MJPHELANMJPHELAN Posts: 819 ✭✭✭

    "But it turned out that the coins were better quality and far more valuable than the posters thought."

    That may be what I am missing...

    Mark
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    jmlanzafjmlanzaf Posts: 42,633 ✭✭✭✭✭

    @mr1931S said:
    "Over the years, I’ve seen many posts labeling winning bidders foolish for the prices they paid. But it turned out that the coins were better quality and far more valuable than the posters thought."

    Did the quality get better for the getting-far-more-valuable coins you are referring to as time went by?

    Read what he said again.

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

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    MFeldMFeld Posts: 17,058 ✭✭✭✭✭

    @jmlanzaf said:

    @mr1931S said:
    "Over the years, I’ve seen many posts labeling winning bidders foolish for the prices they paid. But it turned out that the coins were better quality and far more valuable than the posters thought."

    Did the quality get better for the getting-far-more-valuable coins you are referring to as time went by?

    Read what he said again.

    Thank you for helping me get over my guilt in not wanting to reply to that question. And that’s even though it’s taking me longer to write this than a simple “yes” or no” reply would have.😉

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

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    mr1931Smr1931S Posts: 7,198 ✭✭✭✭✭

    Read what he said again.

    I did. Maybe you can explain what Mr. Feld means when he says, "it turned out that the coins were better quality and far more valuable than the posters thought."

    The OP piece is what it is. 1909-S V.D.B. graded as MS-65 RD by PCGS and awarded a green CAC by J. Albanese. The year is 2026. Is there any reason for me to think the quality of this piece is going to be better in 2031, five years from now? Maybe what is meant is that Mr, Feld thinks this coin might be rated MS-66 someday. A bump in number grade by one point might translate to the coin eventually being considered to have "better quality" in some minds I suppose but not mine.

    “The way I see it, if you want the rainbow, you gotta put up with the rain.”
    “Find out who you are and do it on purpose.”
    “Don’t get so busy making a living that you forget to make a life.”
    “We cannot direct the wind, but we can adjust the sails.”
    “Dream more, learn more, care more, and be more.”

    Parton’s quotes often blend humor, humility, and practical wisdom, reflecting her life journey from rural Tennessee to global stardom. They remind us to embrace challenges, nurture relationships, and live with purpose and joy.

    Dolly Parton (1946-2026)

  • Options
    jmlanzafjmlanzaf Posts: 42,633 ✭✭✭✭✭

    @mr1931S said:
    Read what he said again.

    I did. Maybe you can explain what Mr. Feld means when he says, "it turned out that the coins were better quality and far more valuable than the posters thought."

    The OP piece is what it is. 1909-S V.D.B. graded as MS-65 RD by PCGS and awarded a green CAC by J. Albanese. The year is 2026. Is there any reason for me to think the quality of this piece is going to be better in 2031, five years from now? Maybe what is meant is that Mr, Feld thinks this coin might be rated MS-66 someday. A bump in number grade by one point might translate to the coin eventually being considered to have "better quality" in some minds I suppose but not mine.

    He's saying that the coin IN-HAND was higher quality than the naysayers thought based on photos. He didn't say the coin changed.

    You could have Copilot explain it for you. Cladking can show you how.

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

  • Options
    MasonGMasonG Posts: 7,413 ✭✭✭✭✭

    @jmlanzaf said:
    He's saying that the coin IN-HAND was higher quality than the naysayers thought based on photos. He didn't say the coin changed.

    Some people seem to believe everything they need to know about a coin can be seen in a photo. Then, they outbid those who made an effort to see the coin in hand before bidding and wonder why they have a hard time selling it later on. Or alternatively, are surprised when a coin they stopped bidding on sells for a significantly higher price some time after the auction.

  • Options
    mr1931Smr1931S Posts: 7,198 ✭✭✭✭✭

    He's saying that the coin IN-HAND was higher quality than the naysayers thought based on photos. He didn't say the coin changed.

    Mr. Feld didn't say anything about having the coin in hand it might turn out looking better quality to a single beholder than it looks to the many posters who are only seeing the image. Okey dokey. But it appears you are taking the liberty to interpret what Mr. Feld said by supposing what he meant.

    “The way I see it, if you want the rainbow, you gotta put up with the rain.”
    “Find out who you are and do it on purpose.”
    “Don’t get so busy making a living that you forget to make a life.”
    “We cannot direct the wind, but we can adjust the sails.”
    “Dream more, learn more, care more, and be more.”

    Parton’s quotes often blend humor, humility, and practical wisdom, reflecting her life journey from rural Tennessee to global stardom. They remind us to embrace challenges, nurture relationships, and live with purpose and joy.

    Dolly Parton (1946-2026)

  • Options
    jmlanzafjmlanzaf Posts: 42,633 ✭✭✭✭✭

    @mr1931S said:
    He's saying that the coin IN-HAND was higher quality than the naysayers thought based on photos. He didn't say the coin changed.

    Mr. Feld didn't say anything about having the coin in hand it might turn out looking better quality to a single beholder than it looks to the many posters who are only seeing the image. Okey dokey. But it appears you are taking the liberty to interpret what Mr. Feld said by supposing what he meant.

    @mr1931S said:
    He's saying that the coin IN-HAND was higher quality than the naysayers thought based on photos. He didn't say the coin changed.

    Mr. Feld didn't say anything about having the coin in hand it might turn out looking better quality to a single beholder than it looks to the many posters who are only seeing the image. Okey dokey. But it appears you are taking the liberty to interpret what Mr. Feld said by supposing what he meant.

    No. I just read the words as they were written. @MFeld would you care to explain it to him?

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

  • Options
    lermishlermish Posts: 4,919 ✭✭✭✭✭

    @jmlanzaf said:

    @mr1931S said:
    He's saying that the coin IN-HAND was higher quality than the naysayers thought based on photos. He didn't say the coin changed.

    Mr. Feld didn't say anything about having the coin in hand it might turn out looking better quality to a single beholder than it looks to the many posters who are only seeing the image. Okey dokey. But it appears you are taking the liberty to interpret what Mr. Feld said by supposing what he meant.

    @mr1931S said:
    He's saying that the coin IN-HAND was higher quality than the naysayers thought based on photos. He didn't say the coin changed.

    Mr. Feld didn't say anything about having the coin in hand it might turn out looking better quality to a single beholder than it looks to the many posters who are only seeing the image. Okey dokey. But it appears you are taking the liberty to interpret what Mr. Feld said by supposing what he meant.

    No. I just read the words as they were written. @MFeld would you care to explain it to him?

    No @MFeld , please don't. This is already so unbelievably stupid, no need to stoop down and waste your time.

    I admire @jmlanzaf for his infinite willingness to try to move the immovable object. That's why he's an educator.

    chopmarkedtradedollars.com

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    MFeldMFeld Posts: 17,058 ✭✭✭✭✭

    @jmlanzaf said:

    @mr1931S said:
    He's saying that the coin IN-HAND was higher quality than the naysayers thought based on photos. He didn't say the coin changed.

    Mr. Feld didn't say anything about having the coin in hand it might turn out looking better quality to a single beholder than it looks to the many posters who are only seeing the image. Okey dokey. But it appears you are taking the liberty to interpret what Mr. Feld said by supposing what he meant.

    @mr1931S said:
    He's saying that the coin IN-HAND was higher quality than the naysayers thought based on photos. He didn't say the coin changed.

    Mr. Feld didn't say anything about having the coin in hand it might turn out looking better quality to a single beholder than it looks to the many posters who are only seeing the image. Okey dokey. But it appears you are taking the liberty to interpret what Mr. Feld said by supposing what he meant.

    No. I just read the words as they were written. @MFeld would you care to explain it to him?

    Many coins (which, to those who haven’t seen them in hand and/or aren’t expert graders), appear to sell for absurdly high prices at auction. But some of them are rare varieties that not everyone’s aware of. And some others, based on the assessments of sharp bidders who have seen them in hand, appear to be under-graded.

    I hear about and sometimes see coins, that upon resubmission, have upgraded to the extent that the “idiotic”, “foolish”, “crazy” prices they brought, end up being big money-making bargains.

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

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    jmlanzafjmlanzaf Posts: 42,633 ✭✭✭✭✭

    @lermish said:

    @jmlanzaf said:

    @mr1931S said:
    He's saying that the coin IN-HAND was higher quality than the naysayers thought based on photos. He didn't say the coin changed.

    Mr. Feld didn't say anything about having the coin in hand it might turn out looking better quality to a single beholder than it looks to the many posters who are only seeing the image. Okey dokey. But it appears you are taking the liberty to interpret what Mr. Feld said by supposing what he meant.

    @mr1931S said:
    He's saying that the coin IN-HAND was higher quality than the naysayers thought based on photos. He didn't say the coin changed.

    Mr. Feld didn't say anything about having the coin in hand it might turn out looking better quality to a single beholder than it looks to the many posters who are only seeing the image. Okey dokey. But it appears you are taking the liberty to interpret what Mr. Feld said by supposing what he meant.

    No. I just read the words as they were written. @MFeld would you care to explain it to him?

    No @MFeld , please don't. This is already so unbelievably stupid, no need to stoop down and waste your time.

    I admire @jmlanzaf for his infinite willingness to try to move the immovable object. That's why he's an educator.

    I'm just a masochist. 🤣

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

  • Options
    MFeldMFeld Posts: 17,058 ✭✭✭✭✭

    @lermish said:

    @jmlanzaf said:

    @mr1931S said:
    He's saying that the coin IN-HAND was higher quality than the naysayers thought based on photos. He didn't say the coin changed.

    Mr. Feld didn't say anything about having the coin in hand it might turn out looking better quality to a single beholder than it looks to the many posters who are only seeing the image. Okey dokey. But it appears you are taking the liberty to interpret what Mr. Feld said by supposing what he meant.

    @mr1931S said:
    He's saying that the coin IN-HAND was higher quality than the naysayers thought based on photos. He didn't say the coin changed.

    Mr. Feld didn't say anything about having the coin in hand it might turn out looking better quality to a single beholder than it looks to the many posters who are only seeing the image. Okey dokey. But it appears you are taking the liberty to interpret what Mr. Feld said by supposing what he meant.

    No. I just read the words as they were written. @MFeld would you care to explain it to him?

    No @MFeld , please don't. This is already so unbelievably stupid, no need to stoop down and waste your time.

    I admire @jmlanzaf for his infinite willingness to try to move the immovable object. That's why he's an educator.

    I apologize - I didn’t see your message until after I’d replied. If I’d seen it first, I’m not sure what I would have done. 😬

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

  • Options
    RedRocketRedRocket Posts: 1,851 ✭✭✭✭✭

    @jmlanzaf said:

    @lermish said:

    @jmlanzaf said:

    @mr1931S said:
    He's saying that the coin IN-HAND was higher quality than the naysayers thought based on photos. He didn't say the coin changed.

    Mr. Feld didn't say anything about having the coin in hand it might turn out looking better quality to a single beholder than it looks to the many posters who are only seeing the image. Okey dokey. But it appears you are taking the liberty to interpret what Mr. Feld said by supposing what he meant.

    @mr1931S said:
    He's saying that the coin IN-HAND was higher quality than the naysayers thought based on photos. He didn't say the coin changed.

    Mr. Feld didn't say anything about having the coin in hand it might turn out looking better quality to a single beholder than it looks to the many posters who are only seeing the image. Okey dokey. But it appears you are taking the liberty to interpret what Mr. Feld said by supposing what he meant.

    No. I just read the words as they were written. @MFeld would you care to explain it to him?

    No @MFeld , please don't. This is already so unbelievably stupid, no need to stoop down and waste your time.

    I admire @jmlanzaf for his infinite willingness to try to move the immovable object. That's why he's an educator.

    I'm just a masochist. 🤣

    Masochist. Educator. (Same thing.)

  • Options
    tradedollarnuttradedollarnut Posts: 20,712 ✭✭✭✭✭

    @MFeld said:
    In answer to your question, you’re missing a thread title that lets members know the subject of what you’ might be missing.

    Regardless of how the coin looks in the pictures, someone thought it was undergraded.

    Correction. TWO people had to think it was under graded

  • Options
    MFeldMFeld Posts: 17,058 ✭✭✭✭✭

    @tradedollarnut said:

    @MFeld said:
    In answer to your question, you’re missing a thread title that lets members know the subject of what you’ might be missing.

    Regardless of how the coin looks in the pictures, someone thought it was undergraded.

    Correction. TWO people had to think it was under graded

    I had the following exchange on that subject with @RedRockt earlier in the thread:

    @RedRocket said:
    » show previous quotes
    Not to be a pest, it would take (at least) two bidders to believe it was under-graded.

    That’s not being a pest - it’s being informative.
    I almost wrote “at least two bidders” but considered the remote possibility that there was a high reserve which was met by a single bidder.

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

  • Options
    lermishlermish Posts: 4,919 ✭✭✭✭✭

    @MFeld said:

    @lermish said:

    @jmlanzaf said:

    @mr1931S said:
    He's saying that the coin IN-HAND was higher quality than the naysayers thought based on photos. He didn't say the coin changed.

    Mr. Feld didn't say anything about having the coin in hand it might turn out looking better quality to a single beholder than it looks to the many posters who are only seeing the image. Okey dokey. But it appears you are taking the liberty to interpret what Mr. Feld said by supposing what he meant.

    @mr1931S said:
    He's saying that the coin IN-HAND was higher quality than the naysayers thought based on photos. He didn't say the coin changed.

    Mr. Feld didn't say anything about having the coin in hand it might turn out looking better quality to a single beholder than it looks to the many posters who are only seeing the image. Okey dokey. But it appears you are taking the liberty to interpret what Mr. Feld said by supposing what he meant.

    No. I just read the words as they were written. @MFeld would you care to explain it to him?

    No @MFeld , please don't. This is already so unbelievably stupid, no need to stoop down and waste your time.

    I admire @jmlanzaf for his infinite willingness to try to move the immovable object. That's why he's an educator.

    I apologize - I didn’t see your message until after I’d replied. If I’d seen it first, I’m not sure what I would have done. 😬

    No apology necessary. I just hate to see more people than necessary bang their heads against the wall. @jmlanzaf seems to enjoy it enough for all of us :D

    chopmarkedtradedollars.com

  • Options
    tradedollarnuttradedollarnut Posts: 20,712 ✭✭✭✭✭

    @MFeld said:

    @tradedollarnut said:

    @MFeld said:
    In answer to your question, you’re missing a thread title that lets members know the subject of what you’ might be missing.

    Regardless of how the coin looks in the pictures, someone thought it was undergraded.

    Correction. TWO people had to think it was under graded

    I had the following exchange on that subject with @RedRockt earlier in the thread:

    @RedRocket said:
    » show previous quotes
    Not to be a pest, it would take (at least) two bidders to believe it was under-graded.

    That’s not being a pest - it’s being informative.
    I almost wrote “at least two bidders” but considered the remote possibility that there was a high reserve which was met by a single bidder.

    My bad. I lost interest in reading the thread about halfway through.

  • Options
    MFeldMFeld Posts: 17,058 ✭✭✭✭✭

    @tradedollarnut said:

    @MFeld said:

    @tradedollarnut said:

    @MFeld said:
    In answer to your question, you’re missing a thread title that lets members know the subject of what you’ might be missing.

    Regardless of how the coin looks in the pictures, someone thought it was undergraded.

    Correction. TWO people had to think it was under graded

    I had the following exchange on that subject with @RedRockt earlier in the thread:

    @RedRocket said:
    » show previous quotes
    Not to be a pest, it would take (at least) two bidders to believe it was under-graded.

    That’s not being a pest - it’s being informative.
    I almost wrote “at least two bidders” but considered the remote possibility that there was a high reserve which was met by a single bidder.

    My bad. I lost interest in reading the thread about halfway through.

    I certainly can’t blame you for that.

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

  • Options
    RedRocketRedRocket Posts: 1,851 ✭✭✭✭✭

    Beautiful and wholesome 55/55.
    Nice to have this thread back on track.

  • Options
    cameonut2011cameonut2011 Posts: 10,568 ✭✭✭✭✭

    Many also discount the possibility that a coin doctor or two saw the coin, thought the surfaces were clean, and though they could improve the coins through doctoring to resubmit them. It has been done before although I think this would be a very challenging case to pull off.

  • Options
    mr1931Smr1931S Posts: 7,198 ✭✭✭✭✭

    @MFeld said:

    @jmlanzaf said:

    @mr1931S said:
    He's saying that the coin IN-HAND was higher quality than the naysayers thought based on photos. He didn't say the coin changed.

    Mr. Feld didn't say anything about having the coin in hand it might turn out looking better quality to a single beholder than it looks to the many posters who are only seeing the image. Okey dokey. But it appears you are taking the liberty to interpret what Mr. Feld said by supposing what he meant.

    @mr1931S said:
    He's saying that the coin IN-HAND was higher quality than the naysayers thought based on photos. He didn't say the coin changed.

    Mr. Feld didn't say anything about having the coin in hand it might turn out looking better quality to a single beholder than it looks to the many posters who are only seeing the image. Okey dokey. But it appears you are taking the liberty to interpret what Mr. Feld said by supposing what he meant.

    No. I just read the words as they were written. @MFeld would you care to explain it to him?

    Many coins (which, to those who haven’t seen them in hand and/or aren’t expert graders), appear to sell for absurdly high prices at auction. But some of them are rare varieties that not everyone’s aware of. And some others, based on the assessments of sharp bidders who have seen them in hand, appear to be under-graded.

    I hear about and sometimes see coins, that upon resubmission, have upgraded to the extent that the “idiotic”, “foolish”, “crazy” prices they brought, end up being big money-making bargains.

    Variety: The OP SVDB appears to me to be an example of 'S' far low and nearly vertical. 'S' far low and nearly vertical is very commonly seen on 1909-S V.D.B. The market doesn't currently identify any of the four known SVDB die varieties as commanding a premium.

    I had been contemplating doing a feature on this forum about a special SVDB I found in the PCGS library that I believe is one of the first 1909-S V.D.B.s made. Scarce, very scarce (dare I say rare?) as SVDBs go and should be worth a considerable premium in my opinion but the scoffers and naysayers, which there is no shortage of here, are going to scoff and naysay, no matter how compelling a case I might make about the specialness of the SVDB coin I mention.

    A close in-hand inspection of the OP SVDB as a sub-variety of the 1909-S V.D.B. main variety of 1909-S Lincoln cents is unlikely to result in much, if any, excitement in the community of SVDB aficianados who have studied and understand these coins beyond merely the lofty prices they have historically fetched in the marketplace.

    “The way I see it, if you want the rainbow, you gotta put up with the rain.”
    “Find out who you are and do it on purpose.”
    “Don’t get so busy making a living that you forget to make a life.”
    “We cannot direct the wind, but we can adjust the sails.”
    “Dream more, learn more, care more, and be more.”

    Parton’s quotes often blend humor, humility, and practical wisdom, reflecting her life journey from rural Tennessee to global stardom. They remind us to embrace challenges, nurture relationships, and live with purpose and joy.

    Dolly Parton (1946-2026)

  • Options
    MFeldMFeld Posts: 17,058 ✭✭✭✭✭

    @Moxie15 said:
    Well finally got to the end of this and all it did was to reinforce my notion that auction bidders and coin xollectors are exactly like drivers on a two lane country road... if you pass me you are an idiot for driving so fast and if you are going slower than I want to then you are a fool, funny how I am the only sane one on the road, or at the auction.

    I really like that analogy. 😊

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

  • Options
    skier07skier07 Posts: 4,814 ✭✭✭✭✭

    Myopia to the maximum.

    Wow.

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    mr1931Smr1931S Posts: 7,198 ✭✭✭✭✭

    I don't see anything wrong with asking for clarification when a poster makes a statement that I think needs clarification. Clear, accurate communication is important in my view.

    “The way I see it, if you want the rainbow, you gotta put up with the rain.”
    “Find out who you are and do it on purpose.”
    “Don’t get so busy making a living that you forget to make a life.”
    “We cannot direct the wind, but we can adjust the sails.”
    “Dream more, learn more, care more, and be more.”

    Parton’s quotes often blend humor, humility, and practical wisdom, reflecting her life journey from rural Tennessee to global stardom. They remind us to embrace challenges, nurture relationships, and live with purpose and joy.

    Dolly Parton (1946-2026)

  • Options
    mr1931Smr1931S Posts: 7,198 ✭✭✭✭✭

    Some people will laugh at anything, not really aware of why they are laughing or what they are laughing about. I've noticed that this phenomenon (looney laughing?) has been occurring with much more frequency over the last 10 years or so than it ever did over any time span since I started posting items on social media and began making my observations about the human condition on same.

    “The way I see it, if you want the rainbow, you gotta put up with the rain.”
    “Find out who you are and do it on purpose.”
    “Don’t get so busy making a living that you forget to make a life.”
    “We cannot direct the wind, but we can adjust the sails.”
    “Dream more, learn more, care more, and be more.”

    Parton’s quotes often blend humor, humility, and practical wisdom, reflecting her life journey from rural Tennessee to global stardom. They remind us to embrace challenges, nurture relationships, and live with purpose and joy.

    Dolly Parton (1946-2026)

  • Options
    mr1931Smr1931S Posts: 7,198 ✭✭✭✭✭

    “The way I see it, if you want the rainbow, you gotta put up with the rain.”
    “Find out who you are and do it on purpose.”
    “Don’t get so busy making a living that you forget to make a life.”
    “We cannot direct the wind, but we can adjust the sails.”
    “Dream more, learn more, care more, and be more.”

    Parton’s quotes often blend humor, humility, and practical wisdom, reflecting her life journey from rural Tennessee to global stardom. They remind us to embrace challenges, nurture relationships, and live with purpose and joy.

    Dolly Parton (1946-2026)

  • Options
    IkesTIkesT Posts: 4,539 ✭✭✭✭✭

  • Options
    Rule556Rule556 Posts: 311 ✭✭✭✭✭

    whistling past the graveyard

    Newbie collector of type and circulated Peace dollars, photographer of places and animals, player of instruments and builder of amplifiers, espresso industry professional, and a person distracted by shiny objects.

    CACG Registry

    MyCollect Registry

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    mr1931Smr1931S Posts: 7,198 ✭✭✭✭✭
    edited August 25, 2026 6:49AM

    Disturbing hobby deliberately misquoting people, but it's especially disturbing to this observer seeing deliberate misquoting of a person of the stature of Albert Einstein.

    Einstein was TIME magazine's selection for Person of the Century, 20th century.

    “The way I see it, if you want the rainbow, you gotta put up with the rain.”
    “Find out who you are and do it on purpose.”
    “Don’t get so busy making a living that you forget to make a life.”
    “We cannot direct the wind, but we can adjust the sails.”
    “Dream more, learn more, care more, and be more.”

    Parton’s quotes often blend humor, humility, and practical wisdom, reflecting her life journey from rural Tennessee to global stardom. They remind us to embrace challenges, nurture relationships, and live with purpose and joy.

    Dolly Parton (1946-2026)

  • Options
    IkesTIkesT Posts: 4,539 ✭✭✭✭✭

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