B and M prices

makatak · June 19, 2010 12:46PM

i didnt watch the entire world auction but of what little i saw, i thought people were overpaying big time for pieces especially in crowns/minors. i got shut out but i just wasnt going to overpay. anyone else notice this or am i just an idiot????????????

jt88 · June 19, 2010 12:53PM

I am not sure what kind of coins you refered to but I think if you can sell for higher price then you are not over bid. I bought couple coins in HA auction I thought I was over bid for one coin which was about 5k but I can sell it one month later for over 6k, so it is not over bid.

7Jaguars · June 19, 2010 1:29PM

Do give some examples for us to bat about! I mean very hard to comment otherwise...

worldcoinguy · June 20, 2010 4:21AM

The 6 pieces I was watching all went for prices well over the levels I expected to see. I was one of those fools that chased a piece higher than I should have, but I have had trouble getting my hands on this particular issue for years. I ended up going 1 for 6.

OchoReales · June 20, 2010 4:47AM

2 for 2. Can you say RIP?!?

JCMhouston · June 20, 2010 4:57AM

I have to say, I did not bid on anything in the auction, nothing of real interest for me. But I did go back and check on the 1850 Silling which went for $425 which doesn't seem out of line. They list for 400 Pounds in Fine and 1000 in VF in the 2010 Spink.

In general though I feel like World coin prices have moved up significantly in many areas over the past 12-18 months. There are a few countries where you can find relative bargains but they are getting to be fewer and fewer.

Zohar · June 20, 2010 5:19AM

Didnt see anything for me that was withing a reasonable price range. Brent, which one did you pickup?

worldcoinguy · June 20, 2010 9:47AM

Zohar - I sold off some hawaiian pieces on the US bst to fund the 1761 munster sede vacante taler.

Zohar · June 20, 2010 11:39AM

Sweet one !

1960NYGiants · June 20, 2010 12:47PM

I believe I won the 1858 Canadian 5c silver graded MS62 by ANACS. I got it on the cheap. Two of the other 5c's I was watching went for 2x and more of estimate and they were raw coins but had very nice color.

OchoReales · June 20, 2010 11:13PM

I noticed the many (not a majority) of lots had ridiculously LOW estimates to begin with. At least in SA.

jt88 · June 22, 2010 11:53AM

I have a question about ungraded coin from B&Mor HA. What happens if you bought a coin from B&M or HA and send it to grade and it come back as questionable authenticity? Can you return it? Is this happened to anyone before? Thanks.

Zohar · June 22, 2010 11:54AM

My guess is that if it not slabbed it did not make the grade the first time around. I do not bid on raw. I believe they first pass it by the 3rd party graders.

jt88 · June 22, 2010 12:33PM

Thanks for the answer. I am not worry about that much of the grade but rather if the coin is genuine.

OchoReales · June 22, 2010 12:45PM

<< <i>My guess is that if it not slabbed it did not make the grade the first time around. I do not bid on raw. I believe they first pass it by the 3rd party graders. >>

Not always true. Sometimes, coins just do not get slabbed in time. I have not been burned yet by B&M (Ponterio) on raw. One time with Heritage (not a bad percentage) and they gladly allowed the return.

Zohar · June 22, 2010 12:48PM

I got burned with HA a couple of times buying raw and submitting.

jt88 · June 22, 2010 12:55PM

<< <i>I got burned with HA a couple of times buying raw and submitting. >>

Did HA allow you to return the coin? Thanks.

Zohar · June 22, 2010 12:59PM

Well it was graded cleaned/details vs. the grade they gave it in catalog.

jt88 · June 22, 2010 1:35PM

I bought a raw coin from B&M in March for about $1800. I just sent it to NGC today. I hope it can be graded. I bought one from HA for about $900 and I sent it to ANACS, it returned XF45 details

B and M prices

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