What's The Most You've Paid Over Bid

Hadleydog · November 21, 2005 8:39AM

Was just wondering how far some of you will stretch for that special coin.
I have an 83-cc in PCGS ms65dmpl that I paid close to 2x's bid for, and would do it again in a heartbeat. Deeep mirrors, heavy cameo and just enough color to show it's originality.

ziggy29 · November 21, 2005 8:44AM

I paid nearly double the book value for my PCGS AU-58 1853 Eliasberg trime.

carl · November 21, 2005 10:25AM

I'm to cheap and to old to pay even bid let alone over bid. I usually take a copy of the Red Book page with me to dealers and coin shows and it the price is higher than that, I ask once to lower it or just walk away. I'm to old to argue.

Russ · November 21, 2005 10:31AM

I paid nearly triple market value for a PCGS MS65CAM 1967 SMS Kennedy Half a while back.

See! Despite what Marty says, I'm not a cheapass!

Russ, NCNE

sleeper · November 21, 2005 10:54AM

Bid is a misleading in terms of true value. Knowing when the throw the greysheet away and just use your gut instinct is something many collectors and dealers alike do on a regular basis. Many rare coins just dont accurately have a bid in relation to what they are worth.

Me personally have paid 4 x bid for a nicely toned 1957 mint set, and sold it for 5x bid to another dealer 30 seconds after i had paid for it.

Andrew

mirabela · November 21, 2005 11:05AM

2.5X

Sunnywood · November 21, 2005 11:10AM

Wildly colorful Morgan dollars have recently sold for up to 30x bid in some particular cases. I am talking about 1886 and 1887 Morgan dollars in MS66, bid at $340 or $380, and selling for over $10,000. Here are a couple of examples of "Battle Creek" Morgans. These are my own photos, which do not show the full intensity of the color. These particular coins realized about 25x bid.

bigrob3 · November 21, 2005 11:14AM

Paid 3X bid for a problem free original 1909 O Barber Quarter in AU and would most likely do it again if I ever see another one.

RedneckHB · November 21, 2005 11:48AM

6-7x

Hadleydog · November 21, 2005 11:51AM

Ahhh, the Battle Creeks.
As Sleeper says, toss that priceguide away!
I paid almost 50x bid for a common 1887 ms64.

But hey, it had a star!!

Barndog · November 21, 2005 10:08PM

I bid about 60X Greysheet on a VF half dime...and lost to two higher bidders. So goes collecting by die marriage...

ecos · November 21, 2005 10:14PM

I paid out X4 bid on a sweet looking 1883 NC Liberty Nickel. I had a very clean surface and amazing color.
It was tough to pull the trigger, but I am very happy I did.

ebaytrader · November 21, 2005 10:59PM

<< <i> Bid is a misleading in terms of true value. Knowing when the throw the greysheet away and just use your gut instinct is something many collectors and dealers alike do on a regular basis. Many rare coins just dont accurately have a bid in relation to what they are worth. >>

This is the correct answer.

coinlieutenant · November 21, 2005 11:26PM

Figure that AU bid is 150$ or so for a bust half....I paid around 10x bid for this one...

coinlieutenant · November 21, 2005 11:28PM

Sunnywood,

I want just ONE Morgan...and I want it to look just like that...

J

Tsimmerdown · November 21, 2005 11:37PM

With green sheet, the values for "Bid" are so far behind the times, everyone buying paper currency these days has to pay over "bid."

Peaceman · November 22, 2005 12:16AM

Over 6X.... and still didnt win it.....

FatMan · November 22, 2005 12:22AM

What is this bid you speak of?

It has been nearly two years since I have purchased a coin anywhere near bid. Coins purchased at or near bid are not likely to become part of my collection. Yes, I'm one of those suckers oft mentioned on this forum.

ziggy29 · November 22, 2005 12:24AM

<< <i>It has been nearly two years since I have purchased a coin anywhere near bid. Coins purchased at or near bid are not likely to become part of my collection. Yes, I'm one of those suckers oft mentioned on this forum.

>>

Yeah, but I'm sure you have nice coins to show for it. Show me someone who never pays more than what the price sheets list, and I'll show you someone who has, at best, a lot of mediocre coins. If that makes them happy, fine...but you have to pay up for quality in the coin market just as anywhere else...

mgoodm3 · November 22, 2005 1:00AM

3 or 4.

What's The Most You've Paid Over Bid

Comments

Leave a Comment