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1919-D SLQ, Heritage Auction

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CCF Advertiser
United States
1533 Posts
 Posted 07/07/2016  09:53 am  Show Profile   Bookmark this reply Add Andrew99 to your friends list
MS-62 would not get them there. MS-63 bid is $1,400. Most AU-58's sell just shy of MS-60 bid. A nice FH AU-58 will sell for MS-63 money. This coin is selling like it is an MS-64 already.
Edited by Andrew99
07/07/2016 09:59 am
Pillar of the Community
United States
6396 Posts
 Posted 07/07/2016  10:31 am  Show Profile   Bookmark this reply Add Jaobler to your friends list
The seller must be pretty happy; someone is apparently willing to spend at least double the coin's fair market value.
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United States
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 Posted 07/07/2016  10:36 am  Show Profile   Bookmark this reply Add edweather to your friends list
Yeah, I know how you feel, but at least you know what coin not to buy.
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United States
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 Posted 07/07/2016  11:55 am  Show Profile   Bookmark this reply Add ChildOfTheWheat to your friends list
Buy the coin, not the slab. It has a nice, strong strike, tons of luster, nice toning, and not a lot of hits. Probably would CAC at this grade level.

That being said, $1,700 is a little excessive.
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 Posted 07/07/2016  11:59 am  Show Profile   Bookmark this reply Add fioti to your friends list
30 seconds
CCF Advertiser
United States
1533 Posts
 Posted 07/07/2016  3:04 pm  Show Profile   Bookmark this reply Add Andrew99 to your friends list
This is not an MS-64 raw. I can see the wear even in the photos. Its just a nice, non-FH, nicely toned AU-58. I could see it running up to $900 - $1000 in an extreme case of collector fever, but this is just insane.
CCF Advertiser
United States
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 Posted 07/07/2016  4:01 pm  Show Profile   Bookmark this reply Add Andrew99 to your friends list
$1997.50

good grief!
Pillar of the Community
United States
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 Posted 07/07/2016  4:42 pm  Show Profile   Bookmark this reply Add edweather to your friends list
.........and hopefully the buyer wasn't in NY CA TX or FL, or they'll be paying sales tax too
Edited by edweather
07/07/2016 4:43 pm
Bedrock of the Community
United States
94367 Posts
 Posted 07/07/2016  4:45 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list
Heritage draws everyone, from the pros to the amateurs.
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 Posted 07/07/2016  5:45 pm  Show Profile   Bookmark this reply Add dsfreeworld to your friends list

uneducated bidder, must be. or shill scheme gone wrong.
Bedrock of the Community
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94367 Posts
 Posted 07/07/2016  6:11 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list
As I recall, there was a recent thread here about a first-time Heritage buyer who did not realize that the commission, sales tax and shipping were extra! Felt sorry for him/her for sure.

But even that kind of oversight doesn't explain this, which is just a complete head-scratcher.

Speaking generally, I have always done well selling better material through Heritage.
Edited by Coinfrog
07/07/2016 6:14 pm
Valued Member
United States
430 Posts
 Posted 07/07/2016  6:43 pm  Show Profile   Bookmark this reply Add Wizzy1 to your friends list
Auctions are a crazy thing. It is very easy to lose sight of your objective. Whether it's a coin or Elvis memorabilia
It becomes a competition with "the other guy". Robert Shipee's book describes it simply, "I just left my arm up too long".
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1450 Posts
 Posted 07/07/2016  8:10 pm  Show Profile   Bookmark this reply Add terry8835 to your friends list
That seems to be a really wild price for a 1919-D LSQ in AU-58. Maybe the recent rise in silver and gold has given the coin market a shot of Meth?
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 Posted 07/07/2016  8:13 pm  Show Profile   Bookmark this reply Add dsfreeworld to your friends list

Quote:
Maybe the recent rise in silver and gold has given the coin market a shot of Meth?


Not that much.
Bedrock of the Community
United States
12057 Posts
 Posted 07/09/2016  6:50 pm  Show Profile   Bookmark this reply Add paralyse to your friends list
I'm at work and cannot see the link but if it's in a PCGS holder, it's probably someone doing an Everyman SLQ Registry set, 1919-D in AU58 would certainly be a key for that set, especially if nice AU58's don't come on the market very often compared to higher or lower grade coins.

Member ANA - EAC - TNA - SSDC - CCT #890

"Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis
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