How much $$$$ for color?

ArizonaJack · December 9, 2007 10:46AM

Did I pay too much? It was one of those must have the minute you see it coins. Educate me.

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&rd=1&item=300178743610&ssPageName=STRK:MEWN:IT&ih=020

ArizonaJack · December 9, 2007 10:46AM

How do you get a link to post?

SilverEagles92 · December 9, 2007 10:46AM

Link

Tbar · December 9, 2007 10:49AM

Paid a very high premium...

But that is a beautiful coin.

I'm sure you will like it.

TennesseeDave · December 9, 2007 10:53AM

$305 too much according to the pcgs price guide,but only a couple $ more than the underbidder.Looks very nice!

messydesk · December 9, 2007 10:55AM

The seller is a regular here and may post with his opinion. There were three others interested at over $300, so even though you paid a big premium, you weren't alone in wanting to.

ArizonaJack · December 9, 2007 10:56AM

I was well aware of the CDN and PCGS price guide. This coin, to me at least has eye appeal beyond compare, will fit well into my color set. I have never paid that high a premium before, but I am comfortable with it. Just asking opinions, am I the only one here with the disease of coin addiction as well? LOL, THANKS

And HOW do you get a link to post was my other question.

Broadstruck · December 9, 2007 10:58AM

It's a very eye appealing coin... I feel you did fine with the price if the surfaces up to par and that the overall look is the same when you get it. There's quite a few forum members (me included) who would buy that coin if you have second thoughts!

OneCent · December 9, 2007 11:00AM

I was bidding on that coin.

I thought that it would sell for around $250. In retrospect, I was dead wrong. You purchased a high-grade Lincoln cent that has both beautiful and unique toning. I am quite sure it will be spectacular in-hand

. In my opinion, worth every penny that you paid!

Congratulations on the win

. There were many that wanted it.

editied to add that I was the underbidder on the 1915-D Lincoln MS64BN that Coho had going. That was the nicest 64BN that I've seen and I was willing to pay strong for the color. Someone was willing to pay just a little stronger

.

RichieURich · December 9, 2007 11:02AM

Ordinarily I wouldn't pay such a premium price for a nicely toned coin, but Cohodk is a great seller and from what I've seen, all his Lincolns are top-notch. So I wouldn't hesitate to pay the price for one of his coins. However, I'm sure you know from reading this Board that not all toners are worth a premium, and especially on eBay.

Alamar · December 9, 2007 11:02AM

For some things, you never pay too much, just too soon.

Broadstruck · December 9, 2007 11:12AM

How much $$$$ for color?

Just look at it this way some folks spend a lot more then your cent on a fake tan... which fades.

kryptonitecomics · December 9, 2007 11:36AM

That's an amazing coin and you don't come by amazing coins this day and age without stepping up to the plate and paying strong money. How much is up to you but tell yourself this..........how many of these are out there in this condition/color combination??

Eactly.......you won't be burried in this coin and even non collectors will say wow when they see it

SeattleSlammer · December 9, 2007 11:49AM

I think that was a fair price given the color. Looks sweet!
You have to reach for the truly good stuff.

oxy8890 · December 9, 2007 11:53AM

That is a smoking coin! Remember toner morgans go for 3x bid or more all the time on EBAY or on the bourse floor. I have never seen a 1909 lincoln that colorful in that high of a grade. You scored huge IMHO. Great pickup!

LeeG · December 9, 2007 11:55AM

I'd have paid that if I needed the coin. You won't make any money on a quick flip but, without a doubt, a long term money maker!!!! Congrat's

ricko · December 9, 2007 11:59AM

Excellent acquisition.. congratulations.. Cheers, RickO

TomB · December 9, 2007 12:45PM

It appears to be a heck of a nice coin.

BWRC · December 9, 2007 1:08PM

Congrats!

Looks like a monster coin is coming your way and well worth it. Cohodk has very nice coins!

GrumpyEd · December 9, 2007 1:22PM

Very attractive cent!

I think it was worth a premium.

Goldbully · December 9, 2007 1:27PM

<< <i>I was well aware of the CDN and PCGS price guide. This coin, to me at least has eye appeal beyond compare, will fit well into my color set. I have never paid that high a premium before, but I am comfortable with it. Just asking opinions, am I the only one here with the disease of coin addiction as well? LOL, THANKS

And HOW do you get a link to post was my other question. >>

Click the "HTTP" button and paste in the URL....when the second window asks for "text" put in your naming.

pharmer · December 9, 2007 2:25PM

I thought it would go even higher. Congrats.

Shortgapbob · December 9, 2007 2:46PM

It's a beauty and there seemed to be plenty of interest. You paid strong money, but money well spent.

BlindedByEgo · December 9, 2007 2:47PM

Nice, and worth the premium IMO

ArizonaJack · December 9, 2007 2:50PM

Thanks everybody, I knew it was one of those I just had to have. I sat there for 10 minutes watching a zero feedbacker bid it up and up, but I knew I was going to own it. I have a sickness, lol, but a fun one.

metalmeister · December 9, 2007 2:55PM

Sweet coin , love the green and red

Elcontador · December 9, 2007 3:57PM

It's all a very personal matter. You're one of many here who "has to have" a particular coin. When you feel that way, expect to pay a large premium. I don't do e-bay, but apparently the seller seems to be a regular here & a straight-arrow sort of guy.

I'm probably the wrong person to ask this question, because I've walked away from most nice coins when I thought the premium was too high. The best example was a Bust Half Cent in 5 BN which was the nicest I've ever seen, which I thought was priced $1,500 too high.

I am willing to pay a small premium for a coin with exceptional color, that's it. So, I rarely get these coins, but occasionally, I get one. That being said, the nicest toned coins I have are a Liberty Nickel & a no motto Seated Half. I've purchased attractively toned coins -- but not monsters (try to find a monster business strike Barber Half) -- for virtually no premium at all.

lordmarcovan · December 9, 2007 4:00PM

Too much a premium for me- I'd have dropped out long before the rest.

However, it IS a lovely coin. If you feel in your gut it was worth the premium to you, then good for you. Rock on.

Sunnywood · December 9, 2007 4:15PM

I own three of the four Battle Creek Morgans pictured on the cover of this back issue of Coin Values ... these coins carried tremendous premiums for their exceptional color, selling for 30x bid !! By any sane metric, I grossly overpaid. yet out of my 180+ toned Morgans, my two nieces picked out the Battle Creek coins as being the "prettiest of all." Yep, worth every penny. Oh, and they're NOT going anywhere, so what do I care if nobody is willing to pay me that much for them?

By the way, I love red-brown copper with great color. There are some real treasures to be had among two-cent pieces, for example, where coins that are designated RB or BN sell relatively cheaply, yet occasionally these may have fabulous color.

Best,
Sunnywood

291fifth · December 9, 2007 4:57PM

You overpaid by a wide margin. When it comes time to sell you had better hope there are two equally enthusiastic collectors out there willing to pay big money to get it.

MoneyLA · December 9, 2007 5:37PM

Im afraid that for ME, color does not demand a premium with copper. When I think of paying a premium for color, it is with silver coins. With silver, I would pay a premium for the right toning, pattern, colors, etc.

but with copper, and especially Lincs, I want red.

You bought a nice high grade coin, but for me, there is no justification for a premium for your RB.

however, with that said, there are collectors who like colorful toning, and if you are in that camp, congrats on your win.

BigRed · December 10, 2007 3:41AM

I think its a great looking coin. I have been in that situation a few times myself. I seen a SLQ 1917-D T-2 MS63 that was strong for the grade in a PCGS holder and had pretty rim toning on the obverse and less toning on the reverse for $400 firm from a dealer. If you like the coin and you can afford it I say go for it. I've seen some of my friends blow that much at the casino,at least you will have a pretty coin to look at.

LeeG · December 10, 2007 4:06AM

I wouldn't be the owner of these coins if I stuck to guide prices:

ChuckC · December 10, 2007 4:10AM

I also had that one and the 15-D on the watch list. Worth more that sheet prices, IMO. How much more? That's to the buyer's discretion, but let's put it this way, if you fell in love with the coin at first sight and its unlikely to see another with the same eye-appeal, what's to stop the buyer from bidding 2 to 3 times sheet?

Broadstruck · December 10, 2007 4:14AM

A dealer just sold a type one 17-P SLQ PCGS MS63FH with color in a day on his web page for $950.

What's that like 3 x sheet?

Really nice high-end coin for the grade... no CAC sticker needed, and someone wanted it bad enough and was ready to write the check for color.

CalGold · December 10, 2007 4:19AM

A typical 66RB is a widget. That coin is not. With pieces like that you have to consider whether you will find a comparable piece if you pass on the one for sale.

CG

SeattleSlammer · December 10, 2007 5:13AM

A dealer just sold a type one 17-P SLQ PCGS MS63FH with color in a day on his web page for $950.

I saw that amazing coin and think $950 was still a good deal.

fc · December 10, 2007 5:16AM

i think you did fine and would be pleased to start off my lincoln set with a 1909 like that!

amiller · December 10, 2007 6:58AM

Typically I like non-colored coins, though I do occasionally spend more for them. To me it is easier to justify the final price if there are several people bidding vs buying it outright from a dealer. Their desire to pay just one bid below you is a good indication that you are not way out of line and should have no problem getting your money back if the market doesn't take a dive. Just pick a price that you are willing to pay and don't bid over that. Sheet prices are for average examples and don't reflect eye appeal, and premium examples will almost always be over bid.

Connecticoin · December 10, 2007 8:00AM

Well the price paid is not much of a premium to the 66RD price.

Many collectors would likely prefer that coin to a 66RD from an eye appeal standpoint.

ArizonaJack · December 10, 2007 8:49AM

<< <i>Well the price paid is not much of a premium to the 66RD price.

Many collectors would likely prefer that coin to a 66RD from an eye appeal standpoint. >>

My thoughts exactly. This one goes in the personal set tho, not the inventory box.

BECOKA · December 10, 2007 8:55AM

I would think that brown copper should be the toned premium of a red cent.

You did good and as long as you hold on to it you will be happy. I recently paid a nice premium for a nicely toned coin and have zero regrets. In fact I have had offers for much more than I paid which makes me feel even better.

dizzyfoxx · December 10, 2007 8:59AM

I would say you did just fine with that purchase. With color/eye appeal comes premiums. That will never change IMO and will only become more substantial as time goes on.

Edscoin · December 10, 2007 10:39AM

A coin is always worth whatever the buyer thinks it worth to him. Now when you go to sell it will someone Else think it is worth that? Maybe Maybe not. But if ever one only paid Price Guide price for a coin, Then price guides would never change and the price of coins would never go up.

How much $$$$ for color?

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