Why is this 1834 $2 1/2 going for so much?

Comments

• ziggy29 Posts: 18,669 ✭✭✭

  August 26, 2005 1:03PM

  Methinks Heritage goofed and quoted the values for the 1834 with motto.
  
  This is a $300-$400 coin.

  0
• RYK Posts: 35,800 ✭✭✭✭✭

  August 26, 2005 1:04PM

  I agree. This looks like a listing error.

  My Box of 20: https://pcgs.com/setregistry/collectors-showcase/box-20/ryks-gold-box-20/17132

  0
• tjkillian Posts: 5,578 ✭✭✭

  August 26, 2005 1:06PM

  But would it not take at least a couple of bidders to bid it up that high? Already at $1500.00 plus the juice. Whether you buy the coin or the holder, it should not be a problem. Do people really buy the price guide???
  
  Tom

  Tom
  
  

  0
• lordmarcovan Posts: 45,020 ✭✭✭✭✭

  August 26, 2005 1:08PM

  Wow.
  
  I have an 1834 $2.50 that might net-grade F15. It's on my Holey Gold Hat. I paid $110 for it.
  
  Come to think of it, they would probably net it down lower than that, for the hole. But it has nice details.

  Collector since 1976. On the CU forums here since 2001.

  0
• ziggy29 Posts: 18,669 ✭✭✭

  August 26, 2005 1:08PM

  
  
  << <i>But would it not take at least a couple of bidders to bid it up that high? Already at $1500.00 plus the juice. Whether you buy the coin or the holder, it should not be a problem. Do people really buy the price guide??? >>
  
  The word "bidiot" comes to mind.
  
  They probably think they'd be getting a rip at $1500 given the prices quoted.

  0