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I am just amazed at the premium required to win on XF origonal Barber Halves
Bear
Posts: 18,954 ✭✭
Bidding on XF-40 to XF-45 Halves ,requires a bid
at hal the difference to the next higher grade ,
if not the next higher grade itself or higher. Of course,
this is for PQ examples with that beautiful gray color
of old silver'
I have not seen the same degree of push bidding
for the quarters though. I guess size really does matter.
at hal the difference to the next higher grade ,
if not the next higher grade itself or higher. Of course,
this is for PQ examples with that beautiful gray color
of old silver'
I have not seen the same degree of push bidding
for the quarters though. I guess size really does matter.
There once was a place called
Camelot
Camelot
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Size ALWAYS matters!
XF Barbers are, for most dates, real condition rarities, as are nice VFs. I'm working on a VF set which is now including some nice XF coins and boy can these be not only tough to find but pricey! TBH I bet a lot of the coins I own I could have bought in AU for not much more.
Camelot
<< <i>I watched a 1903-S in PCGS XF40 hammer on ebay last nite... $469.03 ... XF40 bid is $170... AU bid is $280... MS60 bid is $430 ... not too shabby for the seller
Larry,
I tracked that coin as well. I bought a raw 03-S in what I considered AU 50 for $281
a couple of years ago; a recent submission to PCGS came back as an XF 45. It seems
as if PCGS coins are garnering the heafty premiums, I can't say the same thing for the
other TPG's.
I've paid double to tripple bid on more semi-key PCGS mid range graded [ VF35 - XF 45 ]
than I care to mention. The circulated cameo look that is so coveted by us Barberphiles
doesn't come cheaply.
As far as I'm concerned, you can throw away all printed [Grey sheet ] pricing when you've got
the right looking mid range [XF] Barber Half in a PCGS holder.
~~~~~~~~~~~~
Coin collecting is not a hobby, it's an obsession !
New Barber Purchases
Wish I could run with the BIG DOGS , but I'll just have to stay on the porch and collect those little dimes!
<< <i>It appears people are willing to pay goofball moon money for XF+ Barber halves, and insane nutjob money for PCGS AU58 Bust halves. Each of these series appears to have a "sexy" grade that draws the highest competition from collectors. Where is the action for Seated halves? >>
Not sure on the Seated Halves... but the same seller last nite had a nice 1877-CC Quarter in PCGS VF30 hammer for over $200 and the bid on that is around $70... go figure...
likes jelly donuts and is usually seen holding a couple of balloons. I ain't no nut job,
a little weird at times ,but not a nut job. I expect to be making a profit in 50 years
or so.
Well, I saw smoe one bid 6 cents for a common penny.
Camelot
<< <i>
I have not seen the same degree of push bidding
for the quarters though. I guess size really does matter. >>
I have seen the same thing for the quarters!
I was buying branch mint Halves 7-8 years ago in VF- XF range any where from $60-$140
I paid $90 in 2004
$103 in 2003
and $78 in 2006
I'm still looking for certain dates to fill my dansco,but prices have doubled for nice original "raw" coins and some have almost tripled for slabbed coins.
It gets frustrating to say the least.But as they say....it's the thrill of the hunt!
It is amazing how many coins are being bid up on certain date and mintmark's,where as 7,8,9 years ago you didn't get the bidding as you do now.
Like I said in the beginning,collectors are realizing how nice (and scarse) these coins are in the mid grade circs...thus the big increase in prices.
Rob
of the best? thus they drive up the prices on such a small pool of
coins while the rest go begging for bidders? The rest being coins
that are just mediocre, so-so, or plain fugly...
forum members also include others with good taste in coins chasing
the small pool.
However, XF graded halves with original unmessed with surfaces appear
to be grossly under priced on all of the price guides. I hate to have pcgs
GET A SWELLED HEAD OR ANYTHING, but PCGS graded Barber halves are
indeed getting a healthy premium.I have found that I only wish to go after
perhaps one out of every 50 - 100 coins.
Camelot
The true definition of supply and demand.
Rob
<< <i>It's not so much rarity, as it is that some collectors are stupider now.
However, XF graded halves with original unmessed with surfaces appear
to be grossly under priced on all of the price guides. I hate top have pcgs
GET A SWELLED HEAD OR ANYTHING, but PCGS graded Barber halves are
indeed getting a healthy premium.I have found that I only wish to go after
perhaps one out of every 50 - 100 coins. >>
Your fuzziness,
If you bought that coin you bought a beauty. I have paid absolute insane money, per price guide, for some of my coins. But seeing as how these coins, in VF-XF are truly RARE, I think you can forget about price guides.
Original Barbers that are both PCGS slabbed AND truly original are RARE, many of the slabbed coins out there are not all that original and have been played with, really nice coins are at the very least, tough.
over 500.
Camelot
<< <i>You will find that the premo coin bidders, generally have very high EBAY numbers,
over 500. >>
Does that include, Russ????
Bear, I'm just a bit weiry tonight!!!! LOL!!
<< <i>I know who snagged the 03-S. He is furry, does not like to be poked with a stick,
likes jelly donuts and is usually seen holding a couple of balloons. I ain't no nut job,
a little weird at times ,but not a nut job. I expect to be making a profit in 50 years
or so.
Well, I saw smoe one bid 6 cents for a common penny. >>
So, from this, we can deduce that the inflationary trend in Barber Half prices is somehow related to... fur, not being poked with a stick, jelly donuts and balloons... hmmmmm...
(spoken with a strong German accent) "Ve must begin a new study... to determine zee true motivator of zese crazy numismatic bidders. Once ve have zee formula, ve can take over all of ebay and den zee vorld!!!"
Maybe in another 5 I'll find them.
Ol' Bear has the bug!!
We will all collectively buy Bear lots and lots of Jelly Donuts. If we do this, maybe we can keep him preoccupied and away from eBay, this way maybe some of us proletariat types can have a shot at some of the better Barbers.
Who is with me?
I thought Bear had completed his set of VF - XF Halves -
he must be working on another set. I'm almost thru working on
my duplicate certified set - just want a few upgrades - and need
just a few upgrades for my better set - [ see the BST Thread
with 500 posts ...lol ]
My Dansco set of Halves is complete and I'm not upgrading
any of those. Its a nice set just the way it is with an average
grade of VF 25.
~~~~~~~~~~~~
Coin collecting is not a hobby, it's an obsession !
New Barber Purchases
Halves in my collection. Another one or two and then you set builders can rest
easy as I will be moving on to other areas of interest.At today,s prices a complete
set of XF , El Supremo , Barber Halves ,would be economic madness. As I am already
half crazy, I do not need to go the rest of the way at this particular moment.
Bye the bye, nice VF specimens are just as tough to find as XFs. They do make
for a very nice set indeed. As to my having a set of Barber Halves in any condition, the
answer is no. I thought about it some years ago, but never got around to it.
Camelot
I have been working on my VF set since last June and now need only a 93-P, 93-S, 94-P and an 01-S to complete the set. I do need to upgrade my 13 and 14 Ps to VF from F15 though.
So I am doing OK
of those beauties. Yes indeed, you are doing very well and have
selected a nice condition for the the beauty to come thru at a somewhat
reasonable price. Well done indeed!
Camelot
<< <i>If you can manage it, we all would love to see some pictures
of those beauties. Yes indeed, you are doing very well and have
selected a nice condition for the the beauty to come thru at a somewhat
reasonable price. Well done indeed!
Thank you sir! I have a link to the set in my signature, I need to update the images, in reality I need to have the coins professionally photographed.
Reasonable price?
Although credit must go where credit is due, a huge chunk of the collection has come from our very own board members including SeaEagleCoins, Ponyexpress8, Barberman55, Walkerguy21D, Shortgapbob as well as JJ Teaparty. Had I not been a board member and met these wonderful guys I would have never pulled this off, especially in the time frame in which I did. Also board members like Mike (MFH) have been a huge help as well in keeping their eyes open for me for coins that I need.
Truth is, I figured that, early on, if I worked VERY VERY hard and spent a whole pile of money I might get this set done within 3-4 years. I had hoped to be at the 30-40% mark within a year. To be within 4 coins of completion (OK, to be fair, I have a couple in for grading at our hosts that may or may not grade) within less than 9 months really amazes me especially considering that the 4 coins I need are not necessarially the toughest ones in the set.
So I am pleased as punch
Never teach a bear to dance... they're fast learners but they tend to take up the whole darn dance floor...
<< <i>moral of this lesson, kids...
Never teach a bear to dance... they're fast learners but they tend to take up the whole darn dance floor...
LOL! Yeah I think we're better off doing the Jelly Donut thing. Bear won't mind I don't think.
http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=160403724781&ssPageName=STRK:MEWAX:IT
<< <i>This sold for $569 pretty quickly. What are your thoughts on this MS62 for $569.00?
http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=160403724781&ssPageName=STRK:MEWAX:IT >>
Common date, no reverse pic, NGC holder...etc.... And you'll see this from time to time, a dealer who isn't familiar with the market will price them based on sheet. I bought my 03-S on eBay in VF25 for $129, another one just closed by, IIRC, Manorcourtman, for like $250. Dealer put it on there with a $129 BIN and I saw it just about as soon as it was listed and hit the BIN.
some, the question becomes how much is it going into the stratosphere. If there is
still enough air to breath a bit, it might not only be OK to bid up, it might be a true
bargain in a few years. It is really a matter of judgment, quality assessment, the depth
of ones pocket and a correct analysis of true rarity on the market place of the coin in
question.
Camelot
IMHO, it truly is a matter of judgement and the depth of your pocket book. If your pocket book is limitless then for sure...bid right on up...if it's something you really want or if you perceive it's an unbeatable investment...but most of us are modest investors/collectors. For those modest, intelligent investors there's a sensible limit...and each collector has their threshhold...that is usually driven by price. My point is this...don't be dismayed or disappointed if you didn't get the coin you wanted for the price you were willing to pay...provided of course your bid was competetive. There will be others...because if good, original mid-grades are in demand, there will be others that will find a way to supply and meet the demand.
Camelot
That's certainly not moonish, but for a coin that's not that tough in VF it's a tad steep. Not anymore I suppose. Keeping an eye on another Half in PCGS 25 up now. Much tougher than the 14-P. Any guesses?
I guess that the price I paid for the1903-S Half now looks cheap.
Camelot
That 1895-O PCGS XF-45 that went for $613 last night was very steep. Someone paid "mad money" for that but you can't fault the buyer. Since there are only a half dozen of those coins in that grade that have been certified by PCGS, it's very likely the buyer judged that it would be another year or two (if ever) before they see another Barber Half in that grade, year, mintage, and certification. I've done that on occasion...paid "mad money" way above any price guides...but that's how most Barber Half collectors are...they realize that certain coins only surface occasionally and bid accordingly. The back end of this though is the real story teller....when that collector gets ready to part with his collection, are there other collectors out there that are willing to pay "mad money" for those coins? Only time will tell. Okey dokey...
<< <i>Further evidence of the current market frenzy, a 14-P half I was watching on eBay in PCGS 25 just sold for $715!
That's certainly not moonish, but for a coin that's not that tough in VF it's a tad steep. Not anymore I suppose. Keeping an eye on another Half in PCGS 25 up now. Much tougher than the 14-P. Any guesses?
Answer:
The 1896-S in PCGS VF25 hammered for $961. It was a beauty but 55 money?
Experience the World through Numismatics...it's more than you can imagine.
<< <i>
<< <i>Further evidence of the current market frenzy, a 14-P half I was watching on eBay in PCGS 25 just sold for $715!
That's certainly not moonish, but for a coin that's not that tough in VF it's a tad steep. Not anymore I suppose. Keeping an eye on another Half in PCGS 25 up now. Much tougher than the 14-P. Any guesses?
Answer:
The 1896-S in PCGS VF25 hammered for $961. It was a beauty but 55 money? >>
Well, if a person doesnt want to pay $961 dollars, they are welcome wait another 8-10 years for another...that may or may not come around.
That was the nicest VF 96-S I had seen in years. I wouldn't have paid more than $400, but that is probably why I only one 96-S even though I would buy all I come across that nice. 96-S has been the hardest coin for me to find nice in Choice VF or XF. Only other dates are the 97-O in true XF and the 04-O in XF.
<< <i>The 1896-S in PCGS VF25 hammered for $961. It was a beauty but 55 money? >>
I sold this one a few months back to a dealer on the forum here, for approximately half this amount. Granted, the coin probably wouldn't slab at PCGS, but there's plenty of meat on it and would make a nice album coin:
In December, 2009, I paid $435.00 for a 1896-S PCGS VF 35.
Of course, it was married to 72 other Barber Halves - but, thats
what the seller said the coin was worth to him.
~~~~~~~~~~~~
Coin collecting is not a hobby, it's an obsession !
New Barber Purchases
<< <i>
<< <i>Further evidence of the current market frenzy, a 14-P half I was watching on eBay in PCGS 25 just sold for $715!
That's certainly not moonish, but for a coin that's not that tough in VF it's a tad steep. Not anymore I suppose. Keeping an eye on another Half in PCGS 25 up now. Much tougher than the 14-P. Any guesses?
Answer:
The 1896-S in PCGS VF25 hammered for $961. It was a beauty but 55 money? >>
I'll buy every nice PCGS 55 that I can for $961. I own my 96-S in AU58 for about $1,500 with shipping and grading, etc. And I got a "YOU SUCK" award for that. It's a $3,000 coin on the open market. Basically, when Mike (MFH) is sitting next to you and says that if you don't buy the coin you are flat-out insane, you buy it.
Take the price guide, and burn it when it comes to rare date barbers in mid grades.
This series was really used by the population IMO, and its some really
Circd'd stuff, Full Circ'd original Liberty's aint cheap