Where does someone get 50,000+ Indian Cents?
tigermaroo
Posts: 264 ✭✭
Not a single auction, but Lincolnsvault has over 50,000 Indian Cents for sale on Ebay. WOW!!!!
0
Comments
My prediction? -------> 50,000+ unsold Indian cents.
Lincoln set Colorless Set
As far as the auctions... I saw them as well, I wish he'd give an idea of the dates though, if they are all common 1900s and some of the very common 1890s cents they usually sell on EBay for about 75 cents each in Good Condition, even when some have partial liberty on them and are more in the Fine Category, maybe a dollar each if the mix is better.
As you can see here in completed items:
100 Indians
200 Indian heads
His buy it now price is high, at least in comparison to recent sales on EBay anyways, obviously at a coin shop they would most likely sell for more.
But if there is a really good mix from the 1860s all the way to the 1900s, even with most being from the 1900s, his price might pay off.... hard to tell without a more detailed description though.
Edited to add: I guess I was TOO honest in my description, I told the bidders what the dates were and I only got 50 cents per Indian!
50 Indian Head Cents
Obscurum per obscurius
<< <i>More than likely the seller doesn't have them all in stock. He could easily buy them from other dealers to fill orders. >>
And at the price he's charging he'll make 200-300% profit.
60 years into this hobby and I'm still working on my Lincoln set!
"Seu cabra da peste,
"Sou Mangueira......."
<< <i>Id wager 80% of them are 1900-1908 >>
Proud recipient of Y.S. Award on 07/26/08.
-Paul