Looks like ebay is allowing unrestricted sale of the Carr Peace Dollars...

ambro51 · February 12, 2011 11:11PM

Many are listed now....along with about 25 completed auctions. Top prices are near 700$.

Getting very close to my original target price of 1000$.

They all appear to sell......

Raybob15239 · February 12, 2011 11:55PM

Just proof of the old adage about a fool and his money...

jmski52 · February 12, 2011 11:58PM

Just proof of the old adage about a fool and his money...

Raybob, if I've got money in my pocket and you show me a very nice Large Cent, I become "a fool". How is that any different?

Hey Ambro, how do you do that search for completed Carr auctions?

ricko · February 13, 2011 12:00AM

It is about time... no reason they should have been restricted at all. Cheers, RickO

baddogss · February 13, 2011 12:09AM

<< Just proof of the old adage about a fool and his money...

Raybob, if I've got money in my pocket and you show me a very nice Large Cent, I become "a fool". How is that any different?

Hey Ambro, how do you do that search for completed Carr auctions? >>

Thought I'd jump in ...

Click on Advanced Search next to the search box, enter your search, then check the Completed Auctions check box.

CaptHenway · February 13, 2011 12:33AM

As the butler in the movie "Arthur" said when Dudley Moore announced that he was going to go take a bath:
"I will alert the media!"

messydesk · February 13, 2011 12:37AM

I heard they only cancel them if Frank bids.

CaptHenway · February 13, 2011 12:41AM

Can I be Frank??????????

Raybob15239 · February 13, 2011 1:03AM

<< Just proof of the old adage about a fool and his money...

Raybob, if I've got money in my pocket and you show me a very nice Large Cent, I become "a fool". How is that any different?

Hey Ambro, how do you do that search for completed Carr auctions? >>

The very nice large cent is a real coin that has a numismatic value. The 64 Peace is a defaced coin that is worth melt and violates the Hobby Protection Act.

jmski52 · February 13, 2011 1:10AM

The very nice large cent is a real coin that has a numismatic value. The 64 Peace is a defaced coin that is worth melt and violates the Hobby Protection Act.

Respectfully, you can't authoritatively make that statement until a court agrees with it. Until that time, you are only opening stating your opinion. And, the very nice Large Cent has numismatic value only as long as a buyer thinks so.

PerryHall · February 13, 2011 1:10AM

[qThe 64 Peace is a defaced coin that is worth melt ........ >>

Based on recient sales, they are worth a lot more than melt. Apparently you haven't been paying attention.

coinguy1 · February 13, 2011 1:24AM

<< 

<< Just proof of the old adage about a fool and his money...

Raybob, if I've got money in my pocket and you show me a very nice Large Cent, I become "a fool". How is that any different?

Hey Ambro, how do you do that search for completed Carr auctions? >>

The very nice large cent is a real coin that has a numismatic value. The 64 Peace is a defaced coin that is worth melt and violates the Hobby Protection Act. >>

While the Carr 1964 Peace Dollars are apparently only worth melt to YOU, obviously, they are worth considerably more to many others. And, although I think they very well MIGHT violate the HPA, I believe that it is premature and misguided to declare it as fact.

ecichlid · February 13, 2011 1:32AM

<< The very nice large cent is a real coin that has a numismatic value. The 64 Peace is a defaced coin that is worth melt and violates the Hobby Protection Act. >>

I will give you 2x melt. How many do you want to sell me!

I don't know if others have noticed, but the polls here prove that attitudes towards this coin are changing. It seems like every time a poll is done, the approval of this coin gains share. Last poll puts it at 85%. This trend will continue, especially as new collectors are introduced to this coin with am open mind.

ambro51 · February 13, 2011 1:36AM

Its tough to judge the market curve on these since all of us here have been aware of them since the very first mention, and could have bought the coveted die pair 5 multi strike off Dans website with your CC, 2 minutes of time and spending about 100$. You all knew it.

Now, they are pushing 400$ and I think this story is still becoming known to general collectors. Supply and Demand is a major factor, and I think right now this market is in stage 2 accumulation and ramping up.

The wise should hold onto theirs. The fewer that make the market at this stage, the higher prices will go. Every collector who is made newly aware of them will hit that BIN and as demand increases the BINs will go UP^^.

Ebay of course now has came into play, so the pathway for collectors to purchase these is now open.

An interesting scenario is about to be played out....

When, and IF, the stage 3 crest is met, and prices begin to FALL____ is a matter which we cannot really evaluate since this situation is unique in some ways, it could reach a crest and maintain for a long period.

Theres also no doubt a flip factor at work here also, and if the second purchaser will be a long term holder...or flip again..thats a factor too....
interesting.....

ecichlid · February 13, 2011 1:59AM

I agree with your premise ambro51. (DID I JUST WRITE THAT??)

Here is a a quad struck on Ebay that will end this evening. This was the original coin that some here predicted would be worth melt. LINK The person who purchases this coin will be able to sell it for much more down the road.

mrcoin3 · February 13, 2011 2:34AM

<< Now, they are pushing 400$ and I think this story is still becoming known to general collectors. Supply and Demand is a major factor, and I think right now this market is in stage 2 accumulation and ramping up.

There's also no doubt a flip factor at work here also, and if the second purchaser will be a long term holder...or flip again..thats a factor too....
interesting..... >>

A certain dealer trying to buy on eBay is sending out messages, to sellers with open auctions, like this:... "Our contact person at eBay tells us they will pull all listings that have a bid placed. They usually do this with somewhere from 2-8 hours left, but have done some after the listing ended. A dealer friend of ours who purchased some of our original purchase tells us he has had all 9 of his listing pulled. 2 where pulled yesterday after he had contacted eBay to assurance that they were properly listed. As to pricing, we have in stock 17 Matte Proofs, so I begin to wonder about mintage figures also. We are currently listing a Buy/Sell spread of $375/$425. Would like to remain in the $375 range. If you want to wait to see what happens with yours, no problem as our offer will stand unless we notify you before the end of the auction. I hope yours clears with no problem! Some owners like to seem them pulled because they think it raises the value of those the have while others, us included, think this makes the piece look more spurious and decreases the value. Keep us posted and thanks"

Not only is he flipping them it appears to me he wants to make a market in them.

NotSure · February 13, 2011 3:14AM

It's going to get to the point where the 'finish' (high luster, or bulk handled) will not come into play with these. JMHO.

silverpop · February 13, 2011 3:30AM

people will make or buy anything that they think will make them money, it's called greed

you can try the "i'm just collecting" but trust me greed is greed no matter what you try

JamesMurray · February 13, 2011 3:32AM

<< people will make or buy anything that they think will make them money, it's called greed

you can try the "i'm just collecting" but trust me greed is greed no matter what you try >>

Kinda fits with my thought of if these are so highly prized and collectable , why is the secondary market flooded with them and the forum a complaints dept concerning them.

mrcoin3 · February 13, 2011 4:13AM

James -- It's, simply put, greed and jealousy--in that order. LOL
I personally get a kick out of the jealousy comments. Some of them are really hilarious.

dcarr · February 13, 2011 4:14AM

<< 

<< people will make or buy anything that they think will make them money, it's called greed

you can try the "i'm just collecting" but trust me greed is greed no matter what you try >>

Kinda fits with my thought of if these are so highly prized and collectable , why is the secondary market flooded with them and the forum a complaints dept concerning them. >>

I guess people that "invest" in stocks are "greedy" too.

Just for reference I checked on eBay and there are 9 "1964-D" over-strikes listed currently.
The key-date 1928 (Philadelphia) Peace dollar currently has about 300 listings.
So I wouldn't say that the market is "flooded".

But the potential for a quick profit will always bring more of something out of the woodwork.

silverpop · February 13, 2011 4:50AM

what part of my statement did you not understand?

CaptHenway · February 13, 2011 4:58AM

"A profit is not without honor, save on the CU Forums."
--Confucious

jmski52 · February 13, 2011 5:02AM

people will make or buy anything that they think will make them money, it's called greed

you can try the "i'm just collecting" but trust me greed is greed no matter what you try

What's the holding period that must pass before you sell something for a gain before it's not considered motivated by greed?

I'm just asking, because I generally don't flip but I also don't intend to take a bath on the coins I buy or sell.

Unlike Gordon Gecko, I don't think that greed is good, but I do think that being financially responsible and investment-saavy are somewhat admirable traits.

JamesMurray · February 13, 2011 5:05AM

<< 

<< 

<< people will make or buy anything that they think will make them money, it's called greed

you can try the "i'm just collecting" but trust me greed is greed no matter what you try >>

Kinda fits with my thought of if these are so highly prized and collectable , why is the secondary market flooded with them and the forum a complaints dept concerning them. >>

I guess people that "invest" in stocks are "greedy" too.

Just for reference I checked on eBay and there are 9 "1964-D" over-strikes listed currently.
The key-date 1928 (Philadelphia) Peace dollar currently has about 300 listings.
So I wouldn't say that the market is "flooded".

But the potential for a quick profit will always bring more of something out of the woodwork. >>

The difference being obviously the mintage figures. 300 listings for a 360,000 mintage coin in comparison to what we've seen suggests a great number of the limited mintage 64d's went directly to auction.

GRANDAM · February 13, 2011 5:20AM

The point is, ladies and gentleman, that greed -- for lack of a better word -- is good.

Greed is right.

Greed works.

Greed clarifies, cuts through, and captures the essence of the evolutionary spirit.

Greed, in all of its forms -- greed for life, for money, for love, knowledge -- has marked the upward surge of mankind.

And greed -- you mark my words -- will not only save Teldar Paper, but that other malfunctioning corporation called the USA.

Thank you very much,,

GORDON GEKKO

The US of A needs to get back to the ways and ideals of Gordon Gecko,,,,, it is our only hope for survival

JamesMurray · February 13, 2011 5:23AM

<< The point is, ladies and gentleman, that greed -- for lack of a better word -- is good.

Greed is right.

Greed works.

Greed clarifies, cuts through, and captures the essence of the evolutionary spirit.

Greed, in all of its forms -- greed for life, for money, for love, knowledge -- has marked the upward surge of mankind.

And greed -- you mark my words -- will not only save Teldar Paper, but that other malfunctioning corporation called the USA.

Thank you very much,,

GORDON GECKO

The US of A needs to get back to the ways and ideals of Gordon Gecko,,,,, it is our only hope for survival

>>

I respectfully disagree , it was greed that got this country into the mess it's in. It's greed that outsourced jobs , greed that seeing more and more people homeless and unemployed every day.

It wasnt greed that made this country great , it was hard work and lots of it.

RRich2004 · February 13, 2011 5:23AM

I notice a lot of other 64D Peace Dollars listed on eBay and are clearly marked COPY.

1964D Peace Copies

GRANDAM · February 13, 2011 5:28AM

I respectfully disagree , it was greed that got this country into the mess it's in. It's greed that outsourced jobs , greed that seeing more and more people homeless and unemployed every day.

It wasnt greed that made this country great , it was hard work and lots of it. >>

-----------------------------------------------------------------------------------------------------------------------

While the above statement is true what Gekko said simply means the desire to get ahead and provide for one's self and family is what made America what it once was,,,,,,,,

What I am saying is we need to get back to what we once were................. but are no longer

IrishMikey · February 13, 2011 5:32AM

I was getting worried -- I hadn't seen a Dan Carr/1964-D Peace $ thread in almost two days!
I love Dan's products, but I would sell every 64-D I had at $500 each. Dan might do the same.

pocketpiececommems · February 13, 2011 5:38AM

How long will it take for the bubble to burst on these? Have any made it to the Home Shopping Network yet? and how would they advertize them?

ecichlid · February 13, 2011 5:47AM

Greed!

I mean, that is funny.

Lets say for a moment, that greed is the issue here. Which, I don't believe it is. But for now, let's say it is. My questions is this. If your moral high ground is so high, why don't you direct it at where real greed exists? Read "The Big Short" by Michael Lewis and then tell me where your time is best served. Greed!

Tell the truth. Dig deeper. Those who are mad here are not mad about "greed".

PerryHall · February 13, 2011 6:23AM

<< The difference being obviously the mintage figures. 300 listings for a 360,000 mintage coin in comparison to what we've seen suggests a great number of the limited mintage 64d's went directly to auction. >>

The survival rate for the 1928 Peace Dollar is a very small percentage of the original mintage.

ambro51 · February 13, 2011 6:23AM

An interesting but highly flawed analogy between an original peace dollar and the DCPD, numberswise....of course all 330,000 of those original pieces certainly do not exist any longer, but in addition to the coins offered on ebay there are no doubt pounds of them in dealer showcases at shows, in BMs, etc etc.....

right not I dont think you will find but a very few DCPDs in dealer cases at shows, in relation to the vast number of original coins.

Ebay is the single venue at this point to find one...and NINE are offered? It is what it is, a reflection of the mintage of less than 2000 and mostly all NOT for sale at this point.

Finish=variety
variety=collector interest

Dan, do you regret not doing the Gold plated one? maybe three of them?

ernie11 · February 13, 2011 6:38AM

<< 

<< The very nice large cent is a real coin that has a numismatic value. The 64 Peace is a defaced coin that is worth melt and violates the Hobby Protection Act. >>

I will give you 2x melt. How many do you want to sell me!

I don't know if others have noticed, but the polls here prove that attitudes towards this coin are changing. It seems like every time a poll is done, the approval of this coin gains share. Last poll puts it at 85%. This trend will continue, especially as new collectors are introduced to this coin with am open mind. >>

...and an open wallet.

dcarr · February 13, 2011 7:23AM

<< How long will it take for the bubble to burst on these? Have any made it to the Home Shopping Network yet? and how would they advertize them? >>

Home Shopping Network and the like would have no interest in these because,
with less than 2,000 total available, the quantity is woefully short for a TV promotion.

President dollars and such have a much bigger supply.

dcarr · February 13, 2011 7:27AM

<< I was getting worried -- I hadn't seen a Dan Carr/1964-D Peace $ thread in almost two days!
I love Dan's products, but I would sell every 64-D I had at $500 each. Dan might do the same. >>

I kept some for myself. I made these in the first place because I wanted one (or several).
I'm not selling mine, except for maybe a couple leftovers that I kept in reserve in case of
loss in shipping, exchange, etc.

Russ · February 13, 2011 7:34AM

Maybe the busy-body nitwits who've been reporting the listings finally got a life?

Russ, NCNE

ecichlid · February 13, 2011 7:42AM

<< Maybe the busy-body nitwits who've been reporting the listings finally got a life?

Russ, NCNE >>

No, they didn't.

Still not pulled. LINK

OPA · February 13, 2011 7:56AM

<< Maybe the busy-body nitwits who've been reporting the listings finally got a life?

Russ, NCNE >>

Not really, they are still bashing the AP's, US Mint, Congress & Fedex on the mega ATB thread.

PawPaul · February 13, 2011 8:16AM

<< what part of my statement did you not understand? >>

....the part about me buying the coins because I really like them , and having them makes me happy ,

and I have not , nor do I think I will - sell a single one of them

PawPaul · February 13, 2011 8:20AM

a great number of the limited mintage 64d's went directly to auction

......I see about 25 of them at most went sold on eBay

25/1964 = ?

CaptHenway · February 13, 2011 8:23AM

<< How long will it take for the bubble to burst on these? >>

"Tiny bubbles, in the wine..........."

Lakesammman · February 13, 2011 8:32AM

I'm looking forward to seeing mine in the really cool holder that PawPaul designed.

Weiss · February 13, 2011 9:07AM

FWIW and IMHO: I can't help but chuckle when I see posters trying to back-hand these by implying the owners of these coins are all or even mostly flippers.

I have four of them and have zero interest in selling. Ever. I suspect the vast majority of those who bought these from dcarr himself, especially those who bought early, have any interest in flipping them.

How many peace dollar collectors will have an opportunity to own just one of them? Certainly less than two thousand--probably fewer than a thousand based on the number of folks who, like me, own multiple examples. How many will have the ability to have the 5-piece collection of these? A few hundred, tops.

Bravo to the flippers. Nothing wrong with making a buck. But don't ask for mine. They're not for sale.

robec · February 13, 2011 9:13AM

<< I'm looking forward to seeing mine in the really cool holder that PawPaul designed.

>>

PawPaul · February 13, 2011 9:14AM

The premise of buying something with hard earned money and selling it for a profit is as American as apple pie .

The belief is deeply rooted in the core principles of the American dream ,

to single out the purchasers of the D.Carr Dollars and exclude the rest of the entire collecting community is unfair .

Every coin I buy comes with a hope and desire that one day I might be able to sell it for more then I payed for it .

Tdec1000 · February 13, 2011 9:19AM

<< The premise of buying something with hard earned money and selling it for a profit is as American as apple pie .

The belief is deeply rooted in the core principles of the American dream ,

to single out the purchasers of the D.Carr Dollars and exclude the rest of the entire collecting community is unfair .

Every coin I buy comes with a hope and desire that one day I might be able to sell it for more then I payed for it . >>

BINGO!! Amen Brother!

Tdec1000 · February 13, 2011 9:19AM

<< FWIW and IMHO: I can't help but chuckle when I see posters trying to back-hand these by implying the owners of these coins are all or even mostly flippers.

I have four of them and have zero interest in selling. Ever. I suspect the vast majority of those who bought these from dcarr himself, especially those who bought early, have any interest in flipping them.

How many peace dollar collectors will have an opportunity to own just one of them? Certainly less than two thousand--probably fewer than a thousand based on the number of folks who, like me, own multiple examples. How many will have the ability to have the 5-piece collection of these? A few hundred, tops.

Bravo to the flippers. Nothing wrong with making a buck. But don't ask for mine. They're not for sale. >>

Neither is mine!

kimber45ACP · February 13, 2011 9:31AM

I'm keeping mine. No plans to ever sell. When my kids inherit them I suspect they will sell, since they aren't
into coins at all.

jessewvu · February 13, 2011 10:09AM

<< Maybe the busy-body nitwits who've been reporting the listings finally got a life?

Russ, NCNE >>

Looks like ebay is allowing unrestricted sale of the Carr Peace Dollars...

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