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 Replies: 24 / Views: 4,023 |
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Pillar of the Community
Canada
5324 Posts |
Must try this tactic, recently being sniped a lot at last seconds.
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Pillar of the Community
 Canada
798 Posts |
I am looking through his auctions and he has another rarity up for sale which is way under market value right now. Why wouldn't he bid that one up too? Also, there are several NGC coins bidding at $2 - $5 in his items for sale. Sorry guys, I am pretty sure this is honest price discovery in my opinion. Or else, why wouldn't the shiller bid up other auctions as well?
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Pillar of the Community
Canada
798 Posts |
Someone has a rotated dies 1948 silver dollar in PCGS AU58 for $5000. Now that is waaaaaaaaaaay overpriced!! lol!
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Valued Member
Canada
127 Posts |
But it's a green holder, clearly will grade up 6+ points :P
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Pillar of the Community
Canada
2845 Posts |
I'm still sceptical. Yes the bidder has only bid on 6% of the buyers items but we can't see who the other sellers are in order to determine whether there's a inter-connection between those sellers or not or if one person has various accounts, perhaps to avoid the eye of the CRA by staying under the annual high sell limit. As more people become aware of shill bidding I'd imagine those that utilize the practise become more devious.
This one who bids on 282 auction items (totalling 875 bids) and wins at most 6, highly unusual coupled with the retractions, appears occasionally they win auctions by accident, without any intention of doing so. Otherwise it would seem their sole function is to push up the bid. It just doesn't seem logical to me someone would involve themselves in so many auctions and avoid buying, I don't get what would be the point.
Edited by wildflowerAB
02/06/2016 8:13 pm
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Pillar of the Community
Canada
5324 Posts |
The PCGS green label might grade a point or two above, it's a nice paddle downhill as I call these coins but it's not a ms 64, and 5000.00 is a stretch.
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Valued Member
Canada
495 Posts |
@DBM Your comment about rotated dies made me check on two 48's I have and sure enough there is same degree of rotation as I see in the pic that is on ebay so your right not that rare at all. Interesting note on a 48 MS63 I have in an ICCS holder- it was a blast white 2 years ago and now like a few others I have in ICCS holders it is toning a pink color on reverse and same around edge on obverse going to be a keeper for sure. |
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Valued Member
Canada
127 Posts |
Exactly wildflower, I'm with you on this one. Sadly, I've met a few shady people in my time who were ebay powersellers, and was later bragged to by them about how they only own one 'legit' ebay account with dozens of stealth accounts in which they do exactly what your referring to. Very few people put out those kinds of bids with so few winning bids, the retractions further the suspicions. I've been on ebay for 10 years and never had to retract a bid. |
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Valued Member
Canada
127 Posts |
Not bad, ended up selling for 2600.
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Pillar of the Community
Canada
798 Posts |
It went cheap. I had to miss the end of the auction. Someone got this cheap.
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Pillar of the Community
Canada
5324 Posts |
That's about fair price for this coin can't really tell from pics if it's a good ms63 or a crappy 63, but you can always return if not.
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Bedrock of the Community
Canada
21620 Posts |
$2600.00 is the average ebay selling price for a 48 MS63 Silver Dollar so the price was fair for both sides. |
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Valued Member
Canada
495 Posts |
ooops stand to be corrected re rotated dies in 48. The rotation I have is on rev of a MS63 48 I have. I never took note of that until this thread and ICCS did not record it of course on the holder.
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Pillar of the Community
Canada
5324 Posts |
All the rotations are the native paddling uphill or downhill up to about 15% or you can see it the other way with the King rotated.
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Pillar of the Community
United States
4233 Posts |
"Rotated in holder" would be a more accurate description. Correct me if I'm wrong, but the bottoms of G and X should be horizontal, and/or a line just below the nose through the bottom of the ear. Alternatively, I believe the E in DEI needs to be plumb vertical, or at least the space between D and E, for proper alignment in order to judge die rotations. Mine is honest at about 45 degrees. This one is probably the rarer "not rotated dies" variety.  |
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Posted 02/06/2016 7:18 pm
