I am shocked at this auction

MSD61 · May 7, 2004 11:48AM

I am really shocked at this auction and the price this coin is closing at. I have two of these one in a case and one not. The one in the case cost me $9.95 and is same coin as this auction right down to the Certificate. There are quite a few of these pieces around and are very common. I am just shocked at the number of bids and the price

Linkenstein

farthing · May 7, 2004 12:28PM

IronmanDuke · May 7, 2004 12:31PM

Strange indeed. High bidder has ZERO history, but there were others.
This auction just closed, same coin, $14.50 opening bid and ZERO bidders.

Go Figure

1808 Adm. Gardner

MacCrimmon · May 7, 2004 1:30PM

historygeek · May 7, 2004 1:59PM

LOL I got a ten and twenty cash for 12 dollars.

windwhispersintrees · May 7, 2004 2:02PM

Here's the bid history.
Even more strange...why would joeslimo--who seems to be selling lots of coins and must know at least something about values--bid $131.66?
I can understand a 2-day old ebay user incrementally bidding every 10 seconds as he tries to pass an existing high bid. But a long time user also just as uniformed about value? Looks like philrun3 was the only one with some common sense.

Date of Bid Bid Amount User ID
May-07-04 18:53:29 PDT US $134.16 saradhivs( 0 )
May-07-04 17:20:15 PDT US $131.66 joeslimo( 428)
May-07-04 18:53:23 PDT US $130.00 saradhivs( 0 )
May-07-04 18:53:17 PDT US $125.00 saradhivs( 0 )
May-07-04 18:53:08 PDT US $115.00 saradhivs( 0 )
May-07-04 18:53:01 PDT US $110.00 saradhivs( 0 )
May-07-04 16:14:51 PDT US $105.00 saradhivs( 0 )
May-07-04 12:29:36 PDT US $100.00 pyrat117( 19)
May-07-04 16:14:40 PDT US $100.00 saradhivs( 0 )
May-07-04 16:14:31 PDT US $97.00 saradhivs( 0 )
May-07-04 16:14:23 PDT US $95.00 saradhivs( 0 )
May-07-04 16:14:17 PDT US $92.00 saradhivs( 0 )
May-07-04 16:14:05 PDT US $90.00 saradhivs( 0 )
May-07-04 16:13:59 PDT US $88.00 saradhivs( 0 )
May-07-04 16:13:52 PDT US $86.00 saradhivs( 0 )
May-07-04 16:13:13 PDT US $84.00 saradhivs( 0 )
May-07-04 16:13:05 PDT US $82.00 saradhivs( 0 )
May-07-04 16:12:52 PDT US $80.00 saradhivs( 0 )
May-07-04 16:12:43 PDT US $77.00 saradhivs( 0 )
May-07-04 16:12:36 PDT US $75.00 saradhivs( 0 )
May-07-04 16:12:27 PDT US $72.00 saradhivs( 0 )
May-06-04 21:36:50 PDT US $70.00 saradhivs( 0 )
May-06-04 12:54:34 PDT US $65.66 joeslimo( 428)
May-06-04 21:35:23 PDT US $65.00 saradhivs( 0 )
May-06-04 21:35:16 PDT US $60.00 saradhivs( 0 )
May-06-04 21:35:10 PDT US $55.00 saradhivs( 0 )
May-06-04 21:35:04 PDT US $52.00 saradhivs( 0 )
May-06-04 12:48:41 PDT US $50.00 pyrat117( 19)
May-06-04 12:54:09 PDT US $46.80 joeslimo( 428)
May-06-04 12:53:57 PDT US $36.88 joeslimo( 428)
May-06-04 11:42:46 PDT US $25.66 joeslimo( 428)
May-06-04 12:47:57 PDT US $25.00 pyrat117( 19)
Apr-28-04 17:14:10 PDT US $10.00 pyrat117( 19)
Apr-30-04 06:37:22 PDT US $7.00 philrun3( 98)
Apr-30-04 06:36:43 PDT US $6.00 philrun3( 98)

Askari · May 7, 2004 2:12PM

I guess it just goes to show that while one is born every minute, fools also travel in packs.

Askari · May 7, 2004 2:23PM

Just to show it's not a phenomenon unique to shipwreck coins, here's one that's already way over its head: Soviet art deco medal. Although attractive, this isn't a rare medal and can usually be had for less than $20. In fact, another nice example of this Phys Ed & Sports medal a starting price of $19.95 recently garnered no bids at all. I'm surprised to see Agbelts bidding so high as he's a proficient bidder on medals; perhaps he's unfamiliar with Soviet medals.

CIVITAS · May 8, 2004 2:57AM

People collude and shill bid stuff on eBay all the time to establish artificial price levels for items. Why they'd try on such a common item as this, I don't know.

Of course one cannot underestimate the power of stupid people in groups.

NJMark1 · May 8, 2004 5:28AM

I would sell mine in a heartbeat for that price. Strange goings on lately on E of Bay.

Mark

Coconut · May 8, 2004 5:29AM

I am shocked at this auction

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