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Holy crap! I bid more than double market value and still get blown out! WAY out!

RussRuss Posts: 48,514 ✭✭✭
So, Parke consigns his Numero Uno proof Kennedy set to the Heritage FUN sales. Now, I only collect the early years, (1964-1970), aka the really pricey stuff in pop top. I didn't win the Lotto, so his 1964 69DCAM, 1965 SMS 67DCAM, 1966 SMS 68DCAM, 1967 SMS 68DCAM, and his 1968-S 70DCAM were only a wet dream. I already have the Accented Hair in the same grade, and my 1970-S is a better example than his. That left the 1969-S 69DCAM as the only coin I had a prayer of acquiring.

Market value for a 1969-S in PR69DCAM is about $150, and they actually regularly sell for that and sometimes less. I also already have a nice example. However, Parke's coin is an absolute MOOSE with devices that are super nova white and mirrors that are black holes. I've seen only one other that is as strong, and it's in a PR67DCAM holder. So, obviously, there was no way it was going to go cheap.

I put in a bid of $310, which is $356.50 with the juice. I figured at more than double market value I had a shot. NOPE! That sucker sold for $632.50!!!!! image

Oh, and it didn't have a sticker. image

Russ, NCNE
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Comments

  • jmski52jmski52 Posts: 23,956 ✭✭✭✭✭
    Very Interesting!image
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • Deeper pockets Russ ...deeper pockets.....!!!
    ......Larry........image
  • MadMartyMadMarty Posts: 16,697 ✭✭✭
    I hate to say it, but I had a blast white MOOSE sell on E-Bay for less than $200 about a month ago.
    It is not exactly cheating, I prefer to consider it creative problem solving!!!

  • RussRuss Posts: 48,514 ✭✭✭


    << <i>I hate to say it, but I had a blast white MOOSE sell on E-Bay for less than $200 about a month ago. >>



    I saw it. Parke's coin blows it away.

    Russ, NCNE
  • sounds like we need a "RUSS APPROVED MOOSE" sticker

    EDITED TO ADD: I would have more faith in that than the "other" sticker.
    "Everyday above ground is a good day"

  • mrearlygoldmrearlygold Posts: 17,858 ✭✭✭


    << <i>

    I put in a bid of $310, which is $356.50 with the juice. I figured at more than double market value I had a shot. NOPE! That sucker sold for $632.50!!!!! image

    Oh, and it didn't have a sticker. image

    Russ, NCNE >>




    Oye, no sticker? image


  • << <i>So, Parke consigns his Numero Uno proof Kennedy set to the Heritage FUN sales. Now, I only collect the early years, (1964-1970), aka the really pricey stuff in pop top. I didn't win the Lotto, so his 1964 69DCAM, 1965 SMS 67DCAM, 1966 SMS 68DCAM, 1967 SMS 68DCAM, and his 1968-S 70DCAM were only a wet dream. I already have the Accented Hair in the same grade, and my 1970-S is a better example than his. That left the 1969-S 69DCAM as the only coin I had a prayer of acquiring.

    Market value for a 1969-S in PR69DCAM is about $150, and they actually regularly sell for that and sometimes less. I also already have a nice example. However, Parke's coin is an absolute MOOSE with devices that are super nova white and mirrors that are black holes. I've seen only one other that is as strong, and it's in a PR67DCAM holder. So, obviously, there was no way it was going to go cheap.

    I put in a bid of $310, which is $356.50 with the juice. I figured at more than double market value I had a shot. NOPE! That sucker sold for $632.50!!!!! image

    Oh, and it didn't have a sticker. image

    Russ, NCNE >>



    If it had a sticker it would have sold for 10-50% more. image
    Collecting
    Minnie Minoso Master and Basic
    1967 Topps PSA 8+
    1960's Topps run Mega Set image
    "For me, playing baseball has been like a war and I was defending the uniform I wore, Every time I put on the uniform I respected it like the American flag. I wore it like I was representing every Latin country."--Minnie Minoso
    image
  • raycycaraycyca Posts: 1,751 ✭✭✭
    Parke's coin is a MOOSE!!!! That's why my bid of $00+ wasn't enough. Got others though. Thanks Parke! Ray
    You only live life once, enjoy it like it's your last day. It just MIGHT be!

    image
  • SeattleSlammerSeattleSlammer Posts: 10,121 ✭✭✭✭✭
    That is definitely STRONG money.
    But a MOOSE can be priceless!...especially if you plan to keep it forever and pull it out once in a while to taunt people. image


  • fivecentsfivecents Posts: 11,207 ✭✭✭✭✭
    Sorry you didn't win it Russ. Double market wasn't enough for a sure nuf moose.
    I bet you will eventually find a raw one hidden in a proof set someday.
  • FrankcoinsFrankcoins Posts: 4,572 ✭✭✭
    Democrats are in high demand this year image
    Frank Provasek - PCGS Authorized Dealer, Life Member ANA, Member TNA. www.frankcoins.com
  • WinPitcherWinPitcher Posts: 27,726 ✭✭✭
    I agree, sorry Russ, I am sure that moose would have been a perfect fit in the collection you have.


    Steve
    Good for you.
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>Democrats are in high demand this year >>



    You'll have to explain that one. I don't have Lameness Translator 2.0 installed.

    Russ, NCNE
  • percybpercyb Posts: 3,339 ✭✭✭✭
    Sorry to hear you didn't get the Moose you wanted. Uhh whad da hecks a Moose?
    "Poets are the unacknowledged legislators of the world." PBShelley
  • tahoe98tahoe98 Posts: 11,388 ✭✭✭


    don't get too upset, russ. that coin you lost probably will develop milk spots in the future. image
    "government is not reason, it is not eloquence-it is a force! like fire, it is a dangerous servant and a fearful master; never for a moment should it be left to irresponsible action." George Washington
  • ElcontadorElcontador Posts: 7,740 ✭✭✭✭✭
    Bidding at FUN is a waste of time. There are always far more people with lots of money than common sense that come out of the woodwork to bid at this show. For this reason, it's a great place to consign nice auction coins.
    "Vou invadir o Nordeste,
    "Seu cabra da peste,
    "Sou Mangueira......."
  • TwoSides2aCoinTwoSides2aCoin Posts: 45,011 ✭✭✭✭✭
    I'm shouting the same thing down every HALLway image

    It's called "COINFLATION". It happens every so often and it's the most exciting thing about the hobby for cool collectors. Be cool. Collect coins ! Be smart: Collect the Right ones.
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>Uhh whad da hecks a Moose? >>



    A coin that stands head and shoulders above others in the same grade. In the case of proofs, it is one where the frost is the ultimate in thickness and whiteness and the mirrors the ultimate in depth. Basically, a coin that looks like a presentation medal.

    Example of a moose:

    image

    Russ, NCNE
  • BECOKABECOKA Posts: 16,961 ✭✭✭
    Guess you have to be a whale to buy a moose. image
  • mach19mach19 Posts: 4,713 ✭✭✭✭


    << <i>Sorry to hear you didn't get the Moose you wanted. Uhh whad da hecks a Moose? >>






    Hey Russ, The next time your in Maine look me up, I'll show you a real Moose. Up close & personal image
    TIN SOLDIERS & NIXON COMING image
  • raycycaraycyca Posts: 1,751 ✭✭✭
    Russ, stop showing photos of my 64 regular Kennedy. Just show them the 64 AH you pulled from the proof set and made a 68DCAM, OK? LOL My 68 is close to a moose, but Parke's 69...... That's the one I helped Edeson buy a few years ago. Thought for sure it would grade 70 DCAM, but.............. I bet EBL paid PCGS not to grade another??????
    You only live life once, enjoy it like it's your last day. It just MIGHT be!

    image
  • librtyheadlibrtyhead Posts: 1,116 ✭✭✭
    Buy it for 386.48 in the next auction..........It is a nice coin though and dead Kennedy's are not on my radar screen.............but may soon be.image
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  • << <i>

    << <i>Democrats are in high demand this year >>



    You'll have to explain that one. I don't have Lameness Translator 2.0 installed.

    Russ, NCNE >>


    I actually wrote Lameness Translator 2.0, what he was trying to say is.

    The media suggest that a democrat will be elected to the White House in Nov. Kennedy was a Democrat. Thus Democrats are in high demand this year. To those of us who understand lameness (because we are lame) that was pretty funny!!!!


    image
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>Basically you wussied out and the winner stepped up to the plate, he wanted it more than you, and nothing else needs to be said. >>



    Spoken like the clueless one you are. At more than four times market value, the buyer will die with the coin and never see his money back. There are 468 of these graded at this level. Another of this caliber will some along eventually.

    Russ, NCNE
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  • DJCoinzDJCoinz Posts: 3,856


    << <i>

    << <i>Basically you wussied out and the winner stepped up to the plate, he wanted it more than you, and nothing else needs to be said. >>



    Spoken like the clueless one you are. At more than four times market value, the buyer will die with the coin and never see his money back. There are 468 of these graded at this level. Another of this caliber will some along eventually.

    Russ, NCNE >>

    Are there any PR70DCAM's graded?
    aka Dan
  • percybpercyb Posts: 3,339 ✭✭✭✭


    << <i>

    << <i>Uhh whad da hecks a Moose? >>



    A coin that stands head and shoulders above others in the same grade. In the case of proofs, it is one where the frost is the ultimate in thickness and whiteness and the mirrors the ultimate in depth. Basically, a coin that looks like a presentation medal.

    >>

    Thanks! Nice.
    "Poets are the unacknowledged legislators of the world." PBShelley
  • DJCoinzDJCoinz Posts: 3,856
    Is this the moose?

    image
    aka Dan
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>Are there any PR70DCAM's graded? >>



    One.



    << <i>Is this the moose? >>



    Nope.

    Here's the auction.

    Russ, NCNE
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  • IrishMikeIrishMike Posts: 7,737 ✭✭✭
    I can see why you didn't want to spend that kind of money on it after looking at the photo.
  • DJCoinzDJCoinz Posts: 3,856
    That is quite a moose of a DCAM. I wouldn't spend that kinda money on either though. image
    aka Dan
  • librtyheadlibrtyhead Posts: 1,116 ✭✭✭
    image.............I kinda like the way this is going...........image.............image .........in a good way people...in a good way.............
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>It is a shame that it's all about the money to him and not the coin, not a true collector in my mind. >>



    You know, idiot, you're exactly the type of buyer that dealers love to bend over and stick it to. Every coin has an upper limit in value, and only a clueless newb, (you, for example), writes a blank check.

    Russ, NCNE
  • WinPitcherWinPitcher Posts: 27,726 ✭✭✭
    Then returns it crying it is not up to his (eyeroll) standards.

    Steve
    Good for you.
  • jdillanejdillane Posts: 2,366 ✭✭✭
    image
  • RussRuss Posts: 48,514 ✭✭✭
    Oh, and BTW, nitwit, I already own this one:

    image

    It cost me $7 plus the grading fee. Now, if the point of that is beyond the comprehension ability of your pea brain, it is this: For these coins it is not necessary to spend ridiculous sums of money. It is, however, necessary to excercise patience rather than rush headlong to a purchase while tripping over your open checkbook.

    Russ, NCNE
  • northcoinnorthcoin Posts: 4,987 ✭✭✭✭✭
    I'm sure you knew this was coming, but here is a real Moose of a coin:

    Moose Coin
  • MyqqyMyqqy Posts: 9,777
    Russ,

    Since you own a super example of the 69, why did you want the one in the heritage auction? Is it a slight upgrade in technical grade? Or do you just want another example?
    My style is impetuous, my defense is impregnable !
  • cosmicdebriscosmicdebris Posts: 12,332 ✭✭✭


    << <i>Oh, and BTW, nitwit, I already own this one:

    image

    It cost me $7 plus the grading fee. Now, if the point of that is beyond the comprehension ability of your pea brain, it is this: For these coins it is not necessary to spend ridiculous sums of money. It is, however, necessary to excercise patience rather than rush headlong to a purchase while tripping over your open checkbook.

    Russ, NCNE >>



    Yes but how many $7 sets did you buy until this one showed up?
    Bill

    image

    09/07/2006
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>Since you own a super example of the 69, why did you want the one in the heritage auction? Is it a slight upgrade in technical grade? Or do you just want another example? >>



    Numeric upgrade. Mine is a 67DCAM due to some hairlines in the upper left obverse field.

    Russ, NCNE
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>Yes but how many $7 sets did you buy until this one showed up? >>



    Since I only buy these sets sight-seen at shops and shows, not very many.

    Russ, NCNE
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  • RussRuss Posts: 48,514 ✭✭✭
    You know, Realone, you display a dizzying lack of intellect. Do you really think anybody is impressed that you pay stupid money for coins? Any moron with a checkbook can do that. It does not make you a collector; it makes you a fool.

    Russ, NCNE
  • SanctionIISanctionII Posts: 12,964 ✭✭✭✭✭
    Russ, your $7.00 (minus $.25, $.10, $.05 and $.01 for a net of $6.59) 1969S Moose half is a prime example of what a diligent collector in the hunt can have a realistic hope to find if they engage in the hunt.

    The PQ, high end, Monster, Moose, (etc., etc.) specimen of a particular coin that can be found by everyday collectors makes the effort worthwhile. The thrill of the hunt, the feeling you get when finding such a coin, the acquisition of such a coin for a very modest price, the pride of owning a coin of such quality that few other collectors will ever have a chance to own, the prospect of receiving a profit on the resale of the coin and through ones efforts separating such a great coin from the dross so that it will be available to future collectors combine to make an overall positive experience. An experience similar, I expect, to the experiences of past collectors (i.e. Pittman) who devoted time and effort to finding and acquiring modest cost, high quality coins of the day.
  • RussRuss Posts: 48,514 ✭✭✭
    Hey Realone,

    Read Sanction's post, (slowly so maybe you can understand it). He gets it.

    Russ, NCNE
  • DJCoinzDJCoinz Posts: 3,856


    << <i>Hey Realone,

    Read Sanction's post, (slowly so maybe you can understand it). He gets it.

    Russ, NCNE >>

    image
    aka Dan
  • WinPitcherWinPitcher Posts: 27,726 ✭✭✭
    Amen brother, the hunt is what it is all about!


    Anyone can pay top dollar for a coin.


    The guys that make them are the ones I envy.


    Steve
    Good for you.
  • SanctionIISanctionII Posts: 12,964 ✭✭✭✭✭
    There is a distinct difference between a collector who seeks out quality coins (slabbed or raw) and is prepared to pay any amount of money they can afford to acquire the coins; and a collector who seeks out quality coins (slabbed or raw) but is not willing to pay "any amount" for the coins.

    I can not say which type of collector gets more enjoyment out of the hobby (though I know which way works for me). Each should collect in whatever manner makes sense to them and they should not concern themselves (or complain) about others who do not collect "the right way" (aka their way). They should also educate themselves as much as possible about the hobby and be prepared to accept full and sole responsibilty (without blaming others and claiming "victim" status) for any loss they suffer on the resale of the coins they purchase.

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