What is the highest percentage above greysheet ask that you’ve ever paid for a coin?

IGWT · August 12, 2006 10:33AM

For example, if you paid $250 when ask is $100 for that date & grade, then you paid 150% more than sheet. Let’s not count die varieties, errors, and the like that aren’t reflected in greysheet pricing.

What coin and why?

dizzyfoxx · August 12, 2006 10:34AM

Just a tad bit.

ziggy29 · August 12, 2006 10:34AM

Probably about 100% (twice the sheet value).

lkenefic · August 12, 2006 10:38AM

...yeah...probably twice ask...Leo

RBinTex · August 12, 2006 10:39AM

500% for the "right" RED Indian cent.

IGWT · August 12, 2006 10:43AM

Just a tad bit.

Numbers, Dizzy, I want to know the numbers (as a percentage)! And I want to know why!

cohodk · August 12, 2006 10:57AM

About 900%. Because the greysheet has prices for "brown" coins, not green.

AU58WALKERS · August 12, 2006 11:01AM

most recently 225%

my all time high was 400%

segoja · August 12, 2006 11:28AM

Depends on how you interpret the greysheet.

Paid over $7000 for a clad Ike, bid for $2. My calculator is not handy and my brain at this hour can't do exponential math, but it's somewhere like 3500 times bid or 350000 %.

IGWT · August 12, 2006 11:44AM

Depends on how you interpret the greysheet.

Paid over $7000 for a clad Ike, bid for $2. My calculator is not handy and my brain at this hour can't do exponential math, but it's somewhere like 3500 times bid or 350000 %.

I need a consult on this . . . where's Cladking. '72 type two? In any event, I've got to believe that this coin falls within the exception: "Let’s not count die varieties, errors, and the like that aren’t reflected in greysheet pricing." ??

coinlieutenant · August 12, 2006 11:48AM

oh my...hundreds of percent is the best I can narrow it down too..

J

Russ · August 12, 2006 11:52AM

I paid $170 for an NGC graded MS64* 1879-S Morgan at a show not too long ago. What's Greysheet in MS64? About $50? My sheet is about a year old, so I'm not sure. Of course, I sold it for $565.

Russ, NCNE

cladking · August 12, 2006 11:53AM

<< <i>Depends on how you interpret the greysheet.

Paid over $7000 for a clad Ike, bid for $2. My calculator is not handy and my brain at this hour can't do exponential math, but it's somewhere like 3500 times bid or 350000 %.

I need a consult on this . . . where's Cladking. '72 type two? In any event, I've got to believe that this coin falls within the exception: "Let’s not count die varieties, errors, and the like that aren’t reflected in greysheet pricing." ?? >>

I started to respond earlier but figured no one would believe me.

Sunnywood · August 12, 2006 12:05PM

The very best colorfully toned Morgans routinely sell for 10x to 20x bid. The highest price realized for a Battle Creek Morgan was $12650 for Lot 1347 in the first of the four Superior auctions (Santa Clara Elite Sale, 7/23/05). The coin is an 1887 NGC MS66* ... at the time, bid on a common date Morgan in 66 was probably around $300. So that coin sold for about 42x bid, more than 4000% over sheet. Out of the approximately (180) toned Morgans in my "Somewhere Over the Rainbow" Collection, there are seven coins for which I paid more than 2000% over sheet ASK, i.e. at least 21x ask.

I think the same situation occurs with spectacularly toned Commems. Even more outrageous in multiples were some 63's and 64's in Battle Creek that realized thousands of dollars !! Here are pics of two of my Battle Creek Morgans, for which I paid over 20x sheets as NGC MS66* coins, now both PCGS MS66:

Best,
Sunnywood

DHeath · August 12, 2006 12:11PM

I paid $375 for a raw 65 special mint set. Not sure how that stacks up.

ar18 · August 12, 2006 12:18PM

I have never paid above bid, usually 10-20% back.

Russ · August 12, 2006 12:20PM

<< <i>I paid $375 for a raw 65 special mint set. >>

That's a modern, so you must have wasted your money.

Now that I think about it, I once paid $150 each for two raw 1967 SMS halves based on nothing more than images. Those are normally less than $10.

Russ, NCNE

DHeath · August 12, 2006 12:21PM

I remember.

JZrarities · August 12, 2006 12:31PM

Almost 300%

I paid almost MS-66 money for the MS-64FH SLQ T-2 in the photo below.

It has Awesome Russet toning...and Clean. Would probably make MS-66 in a PCGS holder today.

And I paid a lot more than VF for that Early Dollar. VF..

...Right.

SUPERCARCOINS · August 12, 2006 12:46PM

,,,,,,,,,,I just paid over 2000$ for a 1955-D Quarter; i spose it`s bid @ 10 bucks.........

that would be 487 bazillion percent

JZrarities · August 12, 2006 12:50PM

<< <i>,,,,,,,,,,I just paid over 2000$ for a 1955-D Quarter; i spose it`s bid @ 10 bucks......... >>

Wanna buy some more???

Coxe · August 12, 2006 1:06PM

300%-500%, somewhere in there. Some coins make no sense in any price guide, those that are legitimately rare and trade very infrequently. I once bid more than triple sheet on a coin and lost the lot too.

coingame2000 · August 12, 2006 1:10PM

I paid $12,650 for the coin pictured below -- Greysheet bid was around $310 at the time so I guess that's a pretty hefty premium (certainly the largest percentage over Greysheet bid that I ever paid for a coin)...

Mikey