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How Much Should I Be Willing To Bid For This Ebay Cherrypick?

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 Posted 09/18/2020  1:42 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list
I must agree.
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 Posted 09/18/2020  1:45 pm  Show Profile   Bookmark this reply Add nfine to your friends list
I understand that you don't want to reveal too much and risk losing the "cherry pick" but with the limited information provided the best I can offer is to bid what you're comfortable bidding. Good luck!
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 Posted 09/18/2020  1:54 pm  Show Profile   Check Pacificoin's eBay Listings Bookmark this reply Add Pacificoin to your friends list
You will probably not be the only "FIN" circling the water! .
There are few secrets out there!
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 Posted 09/18/2020  1:59 pm  Show Profile   Bookmark this reply Add Collects82 to your friends list
If there are 9 people already in on the otherwise unremarkable coin and it only takes 2 to cause a bidding war, I'd venture to guess that a max bid of ~1/3 the estimated value is unlikely to win. Maybe you get lucky? Happens to me once or twice a year, but usually on foreign stuff that was completely miss labeled, beyond just cherrypicking a variety.
Edited by Collects82
09/18/2020 4:58 pm
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 Posted 09/18/2020  2:09 pm  Show Profile   Bookmark this reply Add SamCoin to your friends list
My question is mostly "how much of the graded price is a raw example in the same condition worth"? I don't want to bid $50 for a coin that would be worth $65 if I spent $50 to send it to PCGS, but is only worth $15 raw. Coin is a silver Washington quarter.
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 Posted 09/18/2020  2:39 pm  Show Profile   Bookmark this reply Add silverstash119 to your friends list
My advice, and I'm not really a seasoned eBayer either, If you want the coin for $60, then I'd use that as my max bid. I usually wait until the last 5 seconds of the auction and swoop in (sorry if I've been that annoying guy to any of you in the past). If you bid a max of $60, and the last bid was $22, I'm fairly certain you'd get it for $23. So, bid up to the maximum you'd be comfortable paying. I'd wait till the last couple seconds so you don't drive the price further.
Edited by silverstash119
09/18/2020 2:39 pm
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 Posted 09/18/2020  4:37 pm  Show Profile   Bookmark this reply Add Bret to your friends list
When it's over, please provide a link to the auction.
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 Posted 09/18/2020  5:38 pm  Show Profile   Bookmark this reply Add helpmethanks to your friends list
good dont link anything yet yesterday I made a post about a 1984 DDO and some guy bought it quick lool never again
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 Posted 09/18/2020  6:41 pm  Show Profile   Bookmark this reply Add Collects82 to your friends list
If you need to make a profit at $60, and would have to slab and sell on ebay to get $60, you probably don't want to be over $15. ebay would take $9, and the slab could be around $35. Hope the buyer pays shipping on the flip.
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 Posted 09/18/2020  7:41 pm  Show Profile   Bookmark this reply Add captaincoffee to your friends list
If by "listed" you mean Red Book values, you should not expect to get that when you sell the coin. Those are retail prices and not actually accurate for that either. You should find examples of what the variety (correctly listed) is actually selling for on ebay in that condition before doing your calculations. $60-$80 might be more like $45. Prices in the CherryPickers Guide should also be taken with a grain of salt.
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 Posted 09/18/2020  8:27 pm  Show Profile   Bookmark this reply Add SamCoin to your friends list
@captaincoffee I'm going by PCGS's price listings for the variety. Obviously not 100% reliable, but tend to at least be based on real auction sales figures.
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 Posted 09/18/2020  10:55 pm  Show Profile   Bookmark this reply Add SamCoin to your friends list
Auction in question (I didn't win - decided my max was $20 + shipping, and got outbid by someone's autobid) https://www.ebay.com/itm/1943-S-San...ewaIncw%253D

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 Posted 09/18/2020  11:34 pm  Show Profile   Bookmark this reply Add Petespockets55 to your friends list
Sorry to hear you were outbid. The winner had a secondary bid amount ready to go if someone outbid his lower amount. Lots of people follow that seller.

BTW-That coin is a DDO, correct?
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 Posted 09/18/2020  11:47 pm  Show Profile   Bookmark this reply Add SamCoin to your friends list
Yeah, 1943 S FS-101. The doubling shows on the date, IGWT, and most visibly on the backs of the letters in LIBERTY
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 Posted 09/21/2020  04:14 am  Show Profile   Check spru's eBay Listings Bookmark this reply Add spru to your friends list
It may not have been worth getting graded anyway. If anything, I would have gone a little higher, maybe $25, and then tried to flip it raw if I didn't want to keep it.
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