An example of this "new breed" of collector activity being discussed...

Tonelover · February 25, 2008 4:37AM

These are different coins but are graded the same by PCGS. The first coin just sold at Heritage for $48,875 as a Pop. 2. The second coin was a wonderfully original Pop. 1 until this new coin was recently graded and had been in our inventory as such for months. Any and all inquirers told me we were crazy for asking $30,000.

The auctions certainly do work in mysterious ways. Is it just too original? Maybe it was the CAC sticker.

TwoSides2aCoin · February 25, 2008 4:54AM

It's just money.

shorecoll · February 25, 2008 5:03AM

Obviously, the strike is too strong on yours to be worth that kind of money.

dimples · February 25, 2008 5:03AM

Just give it a bath

CalGold · February 25, 2008 5:05AM

As you have seen, a few high grade white bust and seated coins have fetched startling prices at FUN and Long Beach. So the cynical answer is to dip it and sell it to the underbidder for the bargain price of $40,000.

CG

larrynj · February 25, 2008 6:27AM

you should raise your price to 55k.

rhedden · February 25, 2008 6:59AM

You should consign it to an auction with a reserve of $40k. Try to stick it in an auction alongside a great collection of Seated dimes to attract the right people.

jhdfla · February 25, 2008 7:01AM

I've seen your coin in hand, but I've only seen the auction piece in the catalogue and online. Made a point of asking to see that coin (among others) when I visited your table at FUN... it is an amazing piece and a very rare coin. Having not seen the other in hand, I cannot in all fairness really compare the two, but having said that I personally would take the toned piece over the other any day of the week. Perhaps this individual prefers his material brilliant, or nearly so, or needs this specific piece for his collection, or was not aware of your piece when he bought this one. There are a few new guys out there with extremely deep pockets who I'm told only buy at auction... so I guess any one of these can be the reason. Nevertheless, your piece is very nice, and BTW, I was quoted 35K at the FUN...

John

Edited to add, after I posted i saw your website, and it was at a different table where I saw the coin... so I don't know if you bought it from those guys, or are offering it in conjunction with them.

ColonialCoinUnion · February 25, 2008 7:02AM

Maybe you need to fish where the fish are.

mrearlygold · February 25, 2008 7:12AM

<< <i>It's just money. >>

Small change too

sinin1 · February 25, 2008 7:54AM

yours is original but ugly to me

crack it out, dip it and consign it to top auction house

CarlWohlforth · February 25, 2008 7:59AM

Yours is way nicer than the dipped out example that just found a home with someone who likes blast white 150 year old coins. The market is getting squirrely.

PerryHall · February 25, 2008 8:03AM

<< <i>yours is original but ugly to me

crack it out, dip it and consign it to top auction house >>

I also find that toning to be unattractive.

dunerlaw · February 25, 2008 8:06AM

I saw the white coin at Longbeach. It had super luster and was solid for the grade.
That being said I thought it was a little high at 24k just before the bidding started. Way high when it ended at 42.5k.
I have seen your coin on the collecters universe web site and only can drool over owning it, if its in simular condition.
I think with all those "new breed" out there you can probably sell it at action for closer to 40K.
I lot of those big bids were from the internet. Some of these people seldom go to coin shows.

Larry

291fifth · February 25, 2008 8:06AM

"White" sells.

(Unfortunately, the toning on your coin is unattractive. I wouldn't be surprised if was dipped some years ago and improperly rinsed.)

Coinosaurus · February 25, 2008 9:10AM

<< <i>Maybe you need to fish where the fish are. >>

Precisely. Who sez the coin market is perfectly efficient? It's happened more than once that some coin sits in inventory forever without any action and then sells for more when consigned to an auction.

TwoSides2aCoin · February 25, 2008 9:14AM

<< <i>Maybe you need to fish where the fish are. >>

Sage advice !

Frankcoins · February 25, 2008 9:33AM

In almost every other collectible field , High Grade/High Price means "looks like it was made yesterday"

When you show tarnished coins to the general public, the first reaction is "has it been in a fire"

Bright & white says "new" without expanation.

I have never seen a classic motorcycle collector ask questions about if
Taco bell napkins will turn the metal parts dark -- at least as if this were
a GOOD thing.

An example of this "new breed" of collector activity being discussed...

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An example of this &quot;new breed&quot; of collector activity being discussed...

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An example of this "new breed" of collector activity being discussed...