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 Replies: 19 / Views: 2,443 |
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Bedrock of the Community
United States
94367 Posts |
What a country!  |
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Bedrock of the Community
United States
19164 Posts |
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Moderator
 United States
54282 Posts |
Sold for $43
Show your financial support of the Coin Community Family (click here)See my topic on Mexican Numismatic Medals (click here) |
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Moderator
United States
188770 Posts |
I have to assume sometimes they just want the "win" more than the coin.  |
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Pillar of the Community
United States
1373 Posts |
It appears that there is still some firewood left in the W-Quarters fire. I'll be waiting until there are just some glowing ambers left to get the ones I need.
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Valued Member
United States
219 Posts |
The "V75" privy mark is on all of the 2020 W mint quarters so wouldn't account for the boost.
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Moderator
United States
15441 Posts |
Some people just have too much money and not enough sense.
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Valued Member
United States
425 Posts |
Never underestimate the STUPIDITY of the average person.
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Pillar of the Community
United States
2365 Posts |
Some folks just like to bid and win, values not withstanding. Have you ever purchased a coin at a higher price just because you liked it or perhaps needed it to complete a set? Who really knows what folks are thinking.
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Pillar of the Community
Canada
2781 Posts |
could also be a shill running up the buyer.
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Pillar of the Community
United States
3650 Posts |
Back when I was collecting modern commemoratives, I'd see that more often than you'd think. Same coin, same grade, same holder and the bidding would go higher than a buy-it-now listing from the same dealer.
I remember going with my Dad to tool auctions when I was a teenager. He was always on the lookout for good used tools for his workshop (he did industrial welding and fabrication after he retired from the Navy). It wasn't terribly uncommon to see bidding go higher on a used tool than what you could pay for the same exact tool new. I think sometimes people just get caught up in bidding action...
Edited by hokiefan_82
03/20/2023 12:49 pm
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Pillar of the Community
United States
2365 Posts |
My Dad's old tools are made much better than the new ones. Even with the grease and grime.  Edited by dsking
03/20/2023 12:54 pm
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Bedrock of the Community
United States
25282 Posts |
hokiefan_82, that phenomenon has a name: "auction fever". I've seen it too many times in real life.
Inordinately fascinated by bits of metal with strange markings and figures
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Pillar of the Community
United States
2910 Posts |
Quote:
could also be a shill running up the buyer. That was my thought too. I've seen it on occasion with coins I've been interested in purchasing. Once it goes above my predetermined max, I ALWAYS drop out. CRH Nickeloholic. 1,600,000 nickels searched in eight years! Have found FOUR complete Jefferson sets!
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Valued Member
United States
345 Posts |
Hard to comment when there is the "availability" of other coins, but I see this so often on other auctions, that nothing surprised me anymore. Example: watched people paying $30 for a common bullion coin, add the buyers premium and the winners were paying substantially more than one could buy a similar coin on many retail sites !
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Posted 03/16/2023 08:45 am
