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1. Re: The REAL lesson of the 1963 PR 70 Cent...

   

   

   Comment by Russ · January 2, 2004 11:06AM · Home› U.S. Coin Forum

   << <i>Russ - So a public auction is a license to steal? >> Apparently it is. Of course, one more bid increment, and this guy is at breakeven. He may yet make a profit on the coin. So, what was stolen and who was the thief? Russ, NCNE

2. Re: The REAL lesson of the 1963 PR 70 Cent...

   

   Comment by BillJones · January 2, 2004 11:04AM · Home› U.S. Coin Forum

   << <i> << <i>I wonder why the FTC didn't buy that argument when they shut down a number of coin "investment houses" that were bilking the public big time back in the late 1970s? >> Because they weren't selling in a competitive bid auction. Russ, NCNE >> That's not the argument that I was trying to make, Russ. That…

3. Re: The REAL lesson of the 1963 PR 70 Cent...

   

   

   Comment by MrEureka · January 2, 2004 11:02AM · Home› U.S. Coin Forum

   Because they weren't selling in a competitive bid auction. Russ - So a public auction is a license to steal?

4. Re: The REAL lesson of the 1963 PR 70 Cent...

   

   Comment by Russ · January 2, 2004 11:30AM · Home› U.S. Coin Forum

   << <i>Unfortunately for Mr. Troy the coin which is reserved for $38,000 will not sell. >> It's reserved for $35K and will sell. Russ, NCNE

5. Re: The REAL lesson of the 1963 PR 70 Cent...

   

   Comment by MrEureka · January 2, 2004 11:11AM · Home› U.S. Coin Forum

   So, what was stolen and who was the thief? Russ - So many questions! You're beginning to sound like SethChandler!

6. Re: The REAL lesson of the 1963 PR 70 Cent...

   

   Comment by Russ · January 2, 2004 12:39PM · Home› U.S. Coin Forum

   Did anybody else notice that one of the spots on the coin looks vaguely like the outline of a tulip bulb? Russ, NCNE

7. Re: The REAL lesson of the 1963 PR 70 Cent...

   

   

   Comment by goose3 · January 2, 2004 12:13PM · Home› U.S. Coin Forum

   I agree with Russ. You might even get it back in a PF69 holder or BB with NO explanation much less a check.

8. Re: The REAL lesson of the 1963 PR 70 Cent...

   

   Comment by Russ · January 4, 2004 5:17AM · Home› U.S. Coin Forum

   << <i>More or less, the question is will PCGS do the right thing and buy this coin back. >> Is it "the right thing" to reward stupidity? Russ, NCNE

9. Re: The REAL lesson of the 1963 PR 70 Cent...

   

   Comment by Russ · January 2, 2004 11:53AM · Home› U.S. Coin Forum

   << <i>In this instance, the holder value is a rather high percentage of the combined value! >> And, TDN wins the first understatement award of 2004. Russ, NCNE

10. Re: The REAL lesson of the 1963 PR 70 Cent...

    

    

    Comment by Russ · January 3, 2004 1:24AM · Home› U.S. Coin Forum

    << <i>Unfortunately for Mr. Troy the coin which is reserved for $38,000 will not sell. >> Hey Stewie, It's now at $43K before buyer's premium. Is $43K the reserve? Russ, NCNE