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 Replies: 23 / Views: 2,955 |
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Pillar of the Community
 United States
3453 Posts |
Up to $36,000 in pre-bids - this is better than cable!  |
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Pillar of the Community
United States
3453 Posts |
Final bid by an on site bidder was $60,000. The bidding stalled at $36,000 and I nearly had a heart attack thinking someone not from this forum would get this stash for that. What fun!  |
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Valued Member
United States
223 Posts |
The one coin that is carrying the set and the ending price is the 1895 Proof. I took a quick look and it looks like the majority of rare dates are detailed. Still a nice set though, and definitely worth it just to get the 1895 Proof.
Edited by COMET
07/12/2012 8:18 pm
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Valued Member
United States
161 Posts |
So now that it is over what is the breakdown value of the collection. I've seen the value of one coin mentioned. What about the others?
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Moderator
 United States
23522 Posts |
Quote:
So now that it is over what is the breakdown value of the collection. I've seen the value of one coin mentioned. What about the others? Well, the 1895-S is probably a $1000 coin. The '89-CC, probably $2000. The 1893-S approaches $10k. Stuff gets cheaper very quickly once those are accounted for; I don't really think $60k was a reasonable price for the lot. Especially considering it's gonna cost the buyer closer to $74k after the Buyer's Premium and sales tax. He wouldn't make that back even if he parted it all out. If I were going to make a wholesale offer on this lot, I'd be around $40k or a little more. |
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Pillar of the Community
United States
3453 Posts |
Conversation with hubby last night:
Me: "You know dear, I almost bid $37,000 thinking we could flip that lot"
Awesome Hubby: "Not a problem, you could have paid for it from my life insurance payout once I got the bill!"
Me: "Hmmmmm.....good to know" (Just Kidding - I did not say that!)
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Valued Member
United States
402 Posts |
With a buyers premium of 18% and a final sales price of $60,000 that alone tacks on another $10,800 which brings the price up up $70,800. And they are talking about a 5% sales tax so if you live in the wrong state you could see another $3,000 in sales tax. People forget about that 18% buyers premium from these auction houses! My Two Cents worth edgman |
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Pillar of the Community
United States
526 Posts |
Quote:With a buyers premium of 18% and a final sales price of $60,000 that alone tacks on another $10,800 which brings the price up up $70,800. And they are talking about a 5% sales tax so if you live in the wrong state you could see another $3,000 in sales tax. People forget about that 18% buyers premium from these auction houses! My Two Cents worth edgman Do not forget about the $600 in insurance they are going to charge and the pittance of shipping for $6.00 60,000 10,800 600 6 Total = $71,406 or roughly 20% of the final sale. Buyers Premimum sucks at this sight. I thought HA was raping me at 14% but it only took two days to get my coin. |
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Replies: 23 / Views: 2,955 |
First Page
Posted 07/12/2012 5:52 pm
