Why is this coin so cheap?
CoinOnTheCob
Posts: 712
I don't get it. Here is a 1959 Lincoln PR66RD Cam on eBay for $79.99. PCGS's price guide has the coin at $1,250.00. What gives?
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Comments
Russ, NCNE
Russ, NCNE
<< <i>OOPS! It's a cameo. The PCGS price guide is $1250 - which is WAY high. But, there's still no way the seller would go through with the sale.
Russ, NCNE >>
Isn't he obligated????
I wonder why?
<< <i>The cert number doesn't look up.
I wonder why? >>
Bogus sale??
98.8 feedback is so so
Russ, NCNE
<< <i><< OOPS! It's a cameo. The PCGS price guide is $1250 - which is WAY high. But, there's still no way the seller would go through with the sale.
Russ, NCNE >>
Isn't he obligated???? >>
Not really. He can refuse and take his neg.
Russ, NCNE
<< <i>The cert number doesn't look up.
I wonder why? >>
It says, "That Cert is not available for display.", not, "That Cert Number was not found in the database.". Curious!
"This coin has been Authenticated, encapsulated, slabbed and graded PR66 RD CAM by PCGS! Most images are representative, illustrative and educational!"
it's best to use heritage auction archives
Seems strange?
I also have a 1960 Small Date, PCGS PR66RD. I saw another one on eBay for way less that PCGS's price guide.
I'm not sure I'm following you, Russ. The guy listed the coin with a BIN.
Edited for spelling.
Recipient of the coveted "You Suck" award, April 2009 for cherrypicking a 1833 CBHD LM-5, and April 2022 for a 1835 LM-12, and again in Aug 2012 for picking off a 1952 FS-902.
1971-s pr66dcam
This is a $60 coin in 66RD CAM.
<< <i>that's rick tomasaka...it's a legit coin n cert just pcgs price guide is krazy beyond belief >>
That isn't Rick.
Russ, NCNE
<< <i>I have one I was going to list on Saturday. It's NOT a cam. PCGS puts this @ $400.00. >>
It's more like a $30 coin.
Russ, NCNE
<< <i>I'm looking in the last issue of the Pcgs Rare Coin Market Report magazine that I got in May and the price for that coin in PR-66 Cameo is $60.Deep cameo is $130 >>
That same guide shows a 1959 PR69CAM @ $1250
<< <i>I'm looking in the last issue of the Pcgs Rare Coin Market Report magazine that I got in May and the price for that coin in PR-66 Cameo is $60.Deep cameo is $130 >>
Recipient of the coveted "You Suck" award, April 2009 for cherrypicking a 1833 CBHD LM-5, and April 2022 for a 1835 LM-12, and again in Aug 2012 for picking off a 1952 FS-902.
<< <i>The proof Memorials are not aligned with the wheats in terms of grades. Notice everything skewed two columns to the left. The column for 70 is third from the right, not the rightmost column.
This is a $60 coin in 66RD CAM. >>
Oh, 10-4, I see what happened. Thanks.
shoot normally pcgs guide has the 71-s as a major item from 68dcam up...now it shows like 66dcam is top pop
i know pcgs guarentees coins...just not so sure they guarentee price guide based purchasing
If I try looking it up myself I'll goof it up
<< <i>So where's Frank????????????????????????????????????? >>
I think he went off for a drink to celebrate ripping that $60 coin for only $79.99.
Sean Reynolds
"Keep in mind that most of what passes as numismatic information is no more than tested opinion at best, and marketing blather at worst. However, I try to choose my words carefully, since I know that you guys are always watching." - Joe O'Connor
<< <i>PCGS has fixed the price guide. >>
I always saw this coin at $60. I assumed the $1250 you saw was in the 69CAM column, which is the same column used for the PR66 wheaties. If you went straight down in the 66 column in the wheats, you'd be in the 69 column for the Memorials. Is that not what happened?
<< <i>PCGS has fixed the price guide. >>
That was fast.
Looks like $30 in the correct column.
<< <i>Looks like $30 in the correct column. >>
Yeah, it's been fixed. It never occured to me that the columns could be out-a-whack.
<< <i>
<< <i>So where's Frank????????????????????????????????????? >>
I think he went off for a drink to celebrate ripping that $60 coin for only $79.99.
Sean Reynolds >>
I hope he keeps up his end of the bargain and pays....it is a binding contract afterall
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
<< <i>
<< <i>PCGS has fixed the price guide. >>
That was fast.
From May 2008 Rare Coin Market Report.....................
<< <i>
<< <i>PCGS has fixed the price guide. >>
That was fast.
Well there are PCGS employees on this board, I'm sure they notified the mother ship
Just offer him $10 to let you out of the deal.
Recipient of the coveted "You Suck" award, April 2009 for cherrypicking a 1833 CBHD LM-5, and April 2022 for a 1835 LM-12, and again in Aug 2012 for picking off a 1952 FS-902.
<< <i>Does the PCGS guarantee apply here
Nope, but thanks, I just won $5 betting that you would somehow blame PCGS for this.
You sell a lot on eBay (or used to), what would you say to a bidder if he wrote you with this story after winning one of your auctions? "I'm terribly sorry, but I only bid because I thought you had listed it for 10% of the current market value...."
Sean Reynolds
"Keep in mind that most of what passes as numismatic information is no more than tested opinion at best, and marketing blather at worst. However, I try to choose my words carefully, since I know that you guys are always watching." - Joe O'Connor
<< <i>
<< <i>Does the PCGS guarantee apply here
Nope, but thanks, I just won $5 betting that you would somehow blame PCGS for this.
You sell a lot on eBay (or used to), what would you say to a bidder if he wrote you with this story after winning one of your auctions? "I'm terribly sorry, but I only bid because I thought you had listed it for 10% of the current market value...."
Sean Reynolds >>
What makes you think I will not honor my bid, or that I would contact the seller with an excuse? I have never refused to pay for a coin that I bid on, even if I made a mistake in bidding.
Steve
The name is LEE!
<< <i>The price guide appears to have been corrected and now reflects this coin as PR66RD CAM - $60 >>
A day late and a dollar short!
Again!
Oh well...........
The name is LEE!