I'm not sure, and I don't understand it, but I think this seller uses eBay as more of a showcase for his collection. The coins certainly aren't priced to move.
<< <i>I'm not sure, and I don't understand it, but I think this seller uses eBay as more of a showcase for his collection. The coins certainly aren't priced to move.
To each his own... >>
If that's the case, it is an expensive way to do it. I guess if you sell a coin now and then, it pays for itself.
<< <i>There is no way i would pay almost 30 times greysheet bid for a toned coin. it's nice and deserves a premium, but thats ridiculous IMO.
-Paul >>
30 times? Try 165 times. Greysheet is currently $42 bid. Granted his coin is worth more than that, but nearly $7,000. No way. Why would someone pay Ebay to post coins that obviously are going to sell? That's ridiculous!
<< <i>There is no way i would pay almost 30 times greysheet bid for a toned coin. it's nice and deserves a premium, but thats ridiculous IMO.
-Paul >>
30 times? Try 165 times. Greysheet is currently $42 bid. Granted his coin is worth more than that, but nearly $7,000. No way. Why would someone pay Ebay to post coins that obviously are going to sell? That's ridiculous! >>
eBay store listings have very low fees for a listing with a long duration time.
<< <i><< There is no way i would pay almost 30 times greysheet bid for a toned coin. it's nice and deserves a premium, but thats ridiculous IMO.
-Paul >>
30 times? Try 165 times. Greysheet is currently $42 bid. Granted his coin is worth more than that, but nearly $7,000. No way. Why would someone pay Ebay to post coins that obviously are going to sell? That's ridiculous! >>
You're right, I think dizzy switched links on me, the original coin was a MS66, but you're right now.
Ok, so what in your opinion is a "HIGH" estimate for a coin like this. Now you may or may not be a toning enthusiast, so please base your opinion as though you were.
I wonder where duffydaddy1 gets his pricing data? My son and I saw this NGC MS65 1904 USPI Twenty Centavos he has listed for $4,995.00. We were amazed at the price he is asking as I own a PCGS MS66 that recently crossed from an NGC MS66 holder and a dealer I know of has an NGC MS66 listed on his site now for $675.00. I debated asking duffdaddy1 if he'd like to buy my MS66 for his MS65 asking price.
About the dumbest strategy I've ever seen. A sure fire way to eliminate any transparency at all even if the owner sincerely decides to sell. Had the owner possessed an ounce of sense, he would have either offered them anonymously through an agent, or he would have offered them in a venue that required offers only. The cert. numbers have established the coins identity, and thus a red flag for informed collectors to steer clear of.
<< <i>About the dumbest strategy I've ever seen. A sure fire way to eliminate any transparency at all even if the owner sincerely decides to sell. Had the owner possessed an ounce of sense, he would have either offered them anonymously through an agent, or he would have offered them in a venue that required offers only. The cert. numbers have established the coins identity, and thus a red flag for informed collectors to steer clear of. >>
I don't see why anyone who's intersted in these, would steer clear of them just because the auction strategy. At the right price, which is not stratosphere far from those asking prices, those coins will be gobbled up.
Take a look... all this guys' coins look like that. That's always a red flag for me. When a dealer's entire inventory looks as if it's been "cooked," it probably has been.
Dead Cat Waltz Exonumia
"Coin collecting for outcasts..."
<< <i>I don't see why anyone who's intersted in these, would steer clear of them just because the auction strategy. At the right price, which is not stratosphere far from those asking prices, those coins will be gobbled up. >>
Someone pointed out that very few of his coins are selling. With that, why do you guess they will be gobbled up? The prices look insane to me, and it's too much of a coincidence that every last one of his coins look like something out of the Yellow Submarine movie. Ridiculous.
<< <i>I don't see why anyone who's intersted in these, would steer clear of them just because the auction strategy. At the right price, which is not stratosphere far from those asking prices, those coins will be gobbled up. >>
Someone pointed out that very few of his coins are selling. With that, why do you guess they will be gobbled up? The prices look insane to me, and it's too much of a coincidence that every last one of his coins look like something out of the Yellow Submarine movie. Ridiculous. >>
<< <i>There is no way i would pay almost 30 times greysheet bid for a toned coin. it's nice and deserves a premium, but thats ridiculous IMO. >>
At $7,000 this would be closer to 100x greysheet.
I think the sellers' intention for coins like this is to sell them off eBay -- use eBay to get the coin seen, knowing no one will pay $7K for it, and set up a fee-free transaction off eBay for a more acceptable price.
Comments
-Paul
"La Vostra Nonna Ha Faccia Del Fungo"
<< <i>There is no way i would pay almost 30 times greysheet bid for a toned coin. it's nice and deserves a premium, but thats ridiculous IMO.
-Paul >>
I agree. For that price they can keep it.
The coins certainly aren't priced to move.
To each his own...
Lincoln set Colorless Set
<< <i>I'm not sure, and I don't understand it, but I think this seller uses eBay as more of a showcase for his collection.
The coins certainly aren't priced to move.
To each his own... >>
If that's the case, it is an expensive way to do it. I guess if you sell a coin now and then, it pays for itself.
<< <i>I'm not sure, and I don't understand it, but I think this seller uses eBay as more of a showcase for his collection. >>
You are correct. I have spoken with him many times and so I can vouch that this is the case. His coins are not on Ebay to sell them.
<< <i>There is no way i would pay almost 30 times greysheet bid for a toned coin. it's nice and deserves a premium, but thats ridiculous IMO.
-Paul >>
30 times? Try 165 times. Greysheet is currently $42 bid. Granted his coin is worth more than that, but nearly $7,000. No way. Why would someone pay Ebay to post coins that obviously are going to sell? That's ridiculous!
<< <i>
<< <i>There is no way i would pay almost 30 times greysheet bid for a toned coin. it's nice and deserves a premium, but thats ridiculous IMO.
-Paul >>
30 times? Try 165 times. Greysheet is currently $42 bid. Granted his coin is worth more than that, but nearly $7,000. No way. Why would someone pay Ebay to post coins that obviously are going to sell? That's ridiculous! >>
eBay store listings have very low fees for a listing with a long duration time.
<< <i><< There is no way i would pay almost 30 times greysheet bid for a toned coin. it's nice and deserves a premium, but thats ridiculous IMO.
-Paul >>
30 times? Try 165 times. Greysheet is currently $42 bid. Granted his coin is worth more than that, but nearly $7,000. No way. Why would someone pay Ebay to post coins that obviously are going to sell? That's ridiculous! >>
You're right, I think dizzy switched links on me, the original coin was a MS66, but you're right now.
-Paul
<< <i>500-600 >>
I'd buy every coin (of equal caliber) I could get my hands on for that price!
<< <i>I have spoken with him many times and so I can vouch that this is the case. His coins are not on Ebay to sell them. >>
So what exactly is the purpose?
"Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
http://www.american-legacy-coins.com
<< <i>About the dumbest strategy I've ever seen. A sure fire way to eliminate any transparency at all even if the owner sincerely decides to sell. Had the owner possessed an ounce of sense, he would have either offered them anonymously through an agent, or he would have offered them in a venue that required offers only. The cert. numbers have established the coins identity, and thus a red flag for informed collectors to steer clear of.
I don't see why anyone who's intersted in these, would steer clear of them just because the auction strategy. At the right price, which is not stratosphere far from those asking prices, those coins will be gobbled up.
Dead Cat Waltz Exonumia
"Coin collecting for outcasts..."
<< <i>I don't see why anyone who's intersted in these, would steer clear of them just because the auction strategy. At the right price, which is not stratosphere far from those asking prices, those coins will be gobbled up. >>
Someone pointed out that very few of his coins are selling. With that, why do you guess they will be gobbled up? The prices look insane to me, and it's too much of a coincidence that every last one of his coins look like something out of the Yellow Submarine movie. Ridiculous.
<< <i>
<< <i>I don't see why anyone who's intersted in these, would steer clear of them just because the auction strategy. At the right price, which is not stratosphere far from those asking prices, those coins will be gobbled up. >>
Someone pointed out that very few of his coins are selling. With that, why do you guess they will be gobbled up? The prices look insane to me, and it's too much of a coincidence that every last one of his coins look like something out of the Yellow Submarine movie. Ridiculous. >>
Key words... 'at the right price'.
<< <i>There is no way i would pay almost 30 times greysheet bid for a toned coin. it's nice and deserves a premium, but thats ridiculous IMO. >>
At $7,000 this would be closer to 100x greysheet.
I think the sellers' intention for coins like this is to sell them off eBay -- use eBay to get the coin seen, knowing no one will pay $7K for it, and set up a fee-free transaction off eBay for a more acceptable price.