hammer price, the worlds gone mad
coinman420
Posts: 4,666 ✭
my ebay items BST transactions/swaps/giveaways with: Tiny, raycyca,mrpaseo, Dollar2007,Whatafind, Boom, packers88, DBSTrader2, 19Lyds, Mar327, pontiacinf, ElmerFusterpuck.
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JJ
I think if I had any of those I'd send them all in for a shot at the big money before the rush is over and everyone finds out how many of these actually exist!
Coin Rarities Online
Not only because of the final price, but here's ONE BETTER:
2007-P WASHINGTON $ First Day MS67 PCGS POP TOP
With a BIN of only $1899.00. So, for about TWO THOUSAND dollars LESS, I get the SAME grade (MS67)... from the SAME TPG (PCGS)... AND it's a "First Day of Issue"... PLUS, it's a P mint (which have got to be damn near impossible to find in higher than 64!!)
Did someone totally lose their marbles..... ?
<< <i>You just need to get one uneducated sucker and you've setting prety! >>
Actually, you need two.
Russ, NCNE
Seller must think a lot of himself.....his own feedback is only 99.5% which means he's not qualified to bid on his own auctions.
You can get a stupid realized price with just one sucker.....just list a high enough reserve price.
roadrunner
<< <i>Seller must think a lot of himself.....his own feedback is only 99.5% which means he's not qualified to bid on his own auctions. >>
That is genuinely funny!
Coin Rarities Online
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Liberty: Parent of Science & Industry
Did it really sell?
He's got a 1 of 3 coin, he lists it, he shills it up to $4K, and then a few weeks later he lists it again and cites the previous closing price to encourage bidders. And since there are only 3 of them (as of now), the only guide any buyer has to judge value is his completed, shilled auction.
<< <i>All I can say, is there are a lot of crack smokers in this world.
JJ >>
Don't give crack smokers a bad name!
<< <i>Still a dollar to me. Maybe less cause it doesn't even have a dollar's worth of metal in there. >>
Out of the plastic it's worth $1.60 because you can buy 20 Nickels with it.
I heard it cost the Mint 9 cents to produce a Washie dollar.
Don't quote me on this.
I don't blame him.
and it sets us apart from practitioners and consultants. Gregor
Your choice.
<< <i>I've been watching that one - and wondering?!?!?!?!? $3901.00... for a D Mint?????
Not only because of the final price, but here's ONE BETTER:
2007-P WASHINGTON $ First Day MS67 PCGS POP TOP
With a BIN of only $1899.00. So, for about TWO THOUSAND dollars LESS, I get the SAME grade (MS67)... from the SAME TPG (PCGS)... AND it's a "First Day of Issue"... PLUS, it's a P mint (which have got to be damn near impossible to find in higher than 64!!)
Did someone totally lose their marbles..... ? >>
I would not buy it, did you read his desription that says coin received may not be actual coin received. HUH
<< <i>As crazy as that is to me, it's still 1% of the $345,000 the 96-O Morgan in PCGS MS66 (Jack Lee) brought. I suppose it's all relative. >>
Good point.
With all the value comparison to classics, I'd be curious to know if the people buying these types of moderns also collect classics, or if they are not interested in classics, like how some classic collectors are not interested in moderns.
<< <i>As crazy as that is to me, it's still 1% of the $345,000 the 96-O Morgan in PCGS MS66 (Jack Lee) brought. I suppose it's all relative. >>
This I actually agree with. It doesn't matter whether it's a modern or a classic. When the "next grade up" costs 10-50x more than the grade below it, IMO it's simply insanity. Even if you can afford it, I just don't understand why you'd pay (say) 20x for a MS-very-high coin when a nearly as nice MS-very-high-minus-one coin can be had for FAR less and leave you with a boatload of money to buy more nice coins.
I usually bring this up with moderns because it's more commonly seen there and the ramp ups from 67 to 68 to 69 to 70 are the most extreme (largely because there aren't many 68/69/70s in the classics). But with the top pops of any series, it can happen regardless of when the coin was minted.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
"A fool and his money are soon parted."
Garrow
TD
<< <i>Just plain stupid. I cannot even begin to comprehend the logic behind paying this kind of money for a coin that could have a whole lotta company literally overnight thereby rendering this "investment" useless as teets on a boar hog.
It probably comes down to how much money collectors have and their prediction for MS67+ pops for say the next 6 months. What do you think MS67+ pops will look like 6 months from now? Are you willing to put money on it?
<< <i>Sometimes, you have to pay too much for a coin. As long as it’s the right coin, that’s ok. In fact, for the right coin you almost always have to pay ‘too much’. >>
But was this the "right coin"?
Survey says....
60 years into this hobby and I'm still working on my Lincoln set!
Absolutely not. Not unless I "make" them but as for buying to invest at this kind of money, NO WAY!