Was this a great deal or is this about what it's worth?

dizzyfoxx · July 21, 2008 6:30AM

I was watching this auction and although I am no authority on error coinage, I wish I had made an attempt at this cool "cc" error coin.

IrishMike · July 21, 2008 6:34AM

Not a clue what its worth is, evidently the seller was disappointed as he had a buy it now for 9 times what it sold for.

BECOKA · July 21, 2008 6:40AM

Lets just say not including the coin I would have been happy to pay that for that kind of error.

pmac · July 21, 2008 6:51AM

He got a little over 10% of his BIN wish.

rhedden · July 21, 2008 6:54AM

Overpricing the BIN is a good way to protect yourself when you have no idea what your item is worth. There might have actually been a collector out there who was willing to do the BIN price, but not this time.

Russ · July 21, 2008 6:57AM

He knew full well that the BIN was wildly more than the coin was worth. This is an age old eBay marketing trick. Use a BIN, and then place this in the auction description:

<< BUY IT NOW FOR ONLY $1290.00 >>

After the BIN is gone - which happens with the first bid - the wild dollar amount stays in the description. The hope is that bidders who come along might be suckered in to bidding higher.

Russ, NCNE

291fifth · July 21, 2008 7:05AM

Looks overgraded to me.

seanq · July 21, 2008 7:10AM

I'm about 99.9% sure that coin was purchased recently from Fred Weinberg, and probably for a lot closer to the BIN price. That's his handwriting on the stickers, and he has a similar coin with the mintmark below the bow listed here and described as "another CC error" even though it's the only one listed currently. If someone has a hard copy of Fred's last pricelist you can probably figure out the original purchase price.

Sean Reynolds

mrearlygold · July 21, 2008 7:20AM

<< He knew full well that the BIN was wildly more than the coin was worth. This is an age old eBay marketing trick. Use a BIN, and then place this in the auction description:

<< BUY IT NOW FOR ONLY $1290.00 >>

After the BIN is gone - which happens with the first bid - the wild dollar amount stays in the description. The hope is that bidders who come along might be suckered in to bidding higher.

Russ, NCNE >>

That's pretty sneaky

GoldenEyeNumismatics · July 21, 2008 7:22AM

I think it's easily worth about $200-$250.

Broadstruck · July 21, 2008 7:23AM

That was a SMOKIN deal!!!

FatMan · July 21, 2008 7:23AM

CC error...I'm a buyer at that price.

Broadstruck · July 21, 2008 7:24AM

<< I think it's easily worth about $200-$250. >>

Nope... a LOT more his BIN price wasn't far off the retail value of that B/S CC SD!

Broadstruck · July 21, 2008 7:27AM

Past the error as a coin that example does nothing for me... but for $153 had I seen this on ebay I would have been on it like glue!

agentjim007 · July 21, 2008 7:28AM

Should have been a no brainer @ $150

Broadstruck · July 21, 2008 7:31AM

<< Should have been a no brainer @ $150 >>

It was a gift... not an auction!

May have to save that seller to favorites!

Robb · July 21, 2008 7:32AM

The auction was listed in the proper category for 10 days without a reserve price and allowed to run it's course by a new but reputable seller with a return policy. In other words, there were no red flags or errors made with the auction to keep the price down. I'd say the the coin is worth $152.50

NHSBaseball · July 21, 2008 7:33AM

I honestly feel for the seller.

Broadstruck · July 21, 2008 7:35AM

Looks like that buyer was the owner of Wendy's from his ME page

Broadstruck · July 21, 2008 7:43AM

Seller's mistake was he listed it under Seated and Mercury dimes... not Mint Errors.

Had he listed it under Errors, even all the Error Dealers would have paid more!

Tvac897 · July 21, 2008 7:43AM

I would buy it...

nicetoning42107 · July 21, 2008 7:48AM

I had that one on my watch list. It was already a little over Greysheet when I saw it so I didn't bid but I wanted to see what it would finish out at. I honestly didn't think it was worth that much of a premium over the Greysheet because I can *barely* see the broadstrike. Guess I missed a bargain?

Broadstruck · July 21, 2008 7:50AM

<< I had that one on my watch list. It was already a little over Greysheet when I saw it so I didn't bid but I wanted to see what it would finish out at. I honestly didn't think it was worth that much of a premium over the Greysheet because I can *barely* see the broadstrike. Guess I missed a bargain? >>

Greysheet has a Mint Error section

If you could see more then it would have been a 5% O/C... on a tiny coin as a dime.

FredWeinberg · July 21, 2008 7:53AM

Something's not right here.

Yes, that was my coin, and I just
sold it a few months ago.

It was on my list for $1,300, and
I sold it for less than that, but I'm
very surprised the seller didn't put
it in the Error Ebay catagory (as metioned) -

I would have been glad to buy it back
for ALOT MORE than $152 !!

Let me check this out a bit more....

Broadstruck · July 21, 2008 8:01AM

<< Something's not right here.

Yes, that was my coin, and I just
sold it a few months ago.

It was on my list for $1,300, and
I sold it for less than that, but I'm
very surprised the seller didn't put
it in the Error Ebay catagory (as metioned) -

I would have been glad to buy it back
for ALOT MORE than $152 !!

Let me check this out a bit more.... >>

It must have been a TOTAL FLUKE on the sellers part as the Mercury Dime category and No Reserve makes absolutely no sense.

Robb · July 21, 2008 8:10AM

It is odd that his sub-category is Mercury rather than Error but the main category is correct and the auction title states error.

Was this a great deal or is this about what it's worth?

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