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Valued Member
 United States
314 Posts |
Thanks for the info.. so, sounds like it actually could be a "win" for both the buyer and the seller.
So, given my $100 monthly coin budget, it will take me only 810 months (67.5 years) to save-up for this coin...
If I up my budget to $200 a month, then it can be mine in only a short 34 years...
Got to love this hobby!
Michael
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Bedrock of the Community
United States
10982 Posts |
Quote:Yes, it is a slabbed and graded coin, but just curious if things this value ever even sell on ebay? Seldom if ever. This seller uses ebay primarily for advertising. A prospective buyer can then contact them directly and negotiate a better price with zero ebay or Paypal fees involved. A quick check of their feedback will confirm this. |
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Rest in Peace
United States
17900 Posts |
If you check ebay sold for US coins only, the top seller was a 1885 Proof 68 Morgan that sold for $79,800. There are over 30 sales after that sold for more than $10,000. Keep in mind this is only for US coins and only for SOLD lots. |
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Bedrock of the Community
United States
10982 Posts |
Seldom if ever do coins of this price ($81k) sell on ebay. RareCoinWholesaler hasn't sold a coin on ebay (with feedback) in two months and none are anywhere near this price in the last year. The answer to the OP's question? These high dollar coins are on ebay for advertisement. P.S. That proof Morgan was from 80% feedback live auction "shill" seller. Edited by BH1964
08/11/2017 12:20 pm
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Pillar of the Community
 United States
3058 Posts |
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Valued Member
United States
179 Posts |
This is mainly for exposure yes. And as you can see by this very thread: it works.
Awesome coin still.
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Bedrock of the Community
United States
94367 Posts |
Yes, yes and yes!  |
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Pillar of the Community
United States
5833 Posts |
Mike,
Offer seller $40K, then you cut your payment in half.
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Pillar of the Community
United States
1963 Posts |
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Bedrock of the Community
Australia
21788 Posts |
If I was genuinely interested (which I am not), I would need to do due diligence that the slab was genuine, irrespective of the reputation of the seller.
The stakes are just too high to just accept.
Very tempting to spend $hundreds to reproduce the slab, in the hope of getting $thousands in return.
Perhaps a guarantee from the seller, then get it re slabbed at my nomination, would be good approach.
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Pillar of the Community
United States
5833 Posts |
I tried PCGS cert verification, and the gold coin from Eliasberg PCGS value is $1,150,000, so is only $419,800 over price guide.   |
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Bedrock of the Community
13014 Posts |
Quote:
I tried PCGS cert verification, and the gold coin from Eliasberg PCGS value is $1,150,000, so is only $419,800 over price guide. You can throw the price guide out the window on that one |
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Valued Member
United States
338 Posts |
I just spent an hour browsing the other items for sale. There are coins listed that I didn't even know existed. It's worth a gander if you have the time.
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Valued Member
United States
406 Posts |
Quote:
If I was genuinely interested (which I am not), I would need to do due diligence that the slab was genuine, irrespective of the reputation of the seller.
The stakes are just too high to just accept. It doesn't take a heckuva lot of due diligence to figure out that this same coin sold in a Heritage 2017 auction for $61,688. Quite a markup! Public info, I am not outing another dealer's info here. |
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Pillar of the Community
United States
1450 Posts |
These very expensive coins are the ones with best chance of appreciation from what I have read. If you are a billionaire coin collector what is a million dollars to you? I have paid $2100 for a coin and I lashes of buyer's remorse even though I think I got an OK deal on a 1895-O Morgan in AU55. If I could have spent another $500 and got it in AU58 I would have done it. I don't want to buy any coin before F and can't afford many that are MS among the Morgans. I have five left to collect and I see a couple of VF coins in my future which will stand out unpleasantly with an overall AU set.
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Posted 08/11/2017 10:25 am
