| Author |
 Replies: 24 / Views: 10,143 |
Page 2 of 2
|
|
|
|
Rest in Peace
United States
2684 Posts |
With all the hype from Teletrade and PCGS, it makes me wonder if this isn't a publicity stunt of some sort. Nobody has come forth to state s/he is the owner of the Lincoln. Also, I'd really like to see this Lincoln side by side with an MS-69. I can't tell the difference between my ASE MS-69 and MS-68; they both look perfect to me. |
|
Bedrock of the Community
 United States
14454 Posts |
yes they have, the original owner came into PCGS/CU forums and talked about the coin and claimed ownership of it, he also sent out emails to every one with a top registry set of Lincoln Cents about purchasing the coin. The owners name is Karl Anderson
Edited by Bryan1315
09/08/2006 8:41 pm
|
|
Rest in Peace
United States
2684 Posts |
Sounds like he's doing a little groundwork before making a killing.  Thanks, Bryan! Fred |
|
Pillar of the Community
United States
756 Posts |
quote:
Originally posted by Morgan Fred
Sounds like he's doing a little groundwork before making a killing.
Thanks, Bryan!
Fred
Any guesses or rumors floating about what some of the big guns are willing to bid on this coin? |
|
Bedrock of the Community
United States
14454 Posts |
Oh Yeah! everyone with a TOP 5 set has shown interest and has tried to buy the coin before it went to teletrade
|
|
Pillar of the Community
United States
756 Posts |
quote:
Originally posted by Bryan1315
Oh Yeah! everyone with a TOP 5 set has shown interest and has tried to buy the coin before it went to teletrade
Wouldn't the seller chance to make a larger profit from a penny by selling it on his own, rather than on consignment? |
|
Bedrock of the Community
United States
14454 Posts |
I doubt it, because he would just be taking one offer, you get 1-5 people that want the coin they just keep going up against each other to own it and the one with the most money to spend will win. I almost guarantee that the high bid will be way over what was offered just for the reason I just mentioned. Then you have others that may not even have a registry set but want to own the "only MS-70 business strike Lincoln" and they will be bidding as well, so the potential is there to make HUGE bucks, especially with all the hype being generated about the coin already, just wait till it goes on sale
Edited by Bryan1315
09/08/2006 10:06 pm
|
|
Rest in Peace
United States
2684 Posts |
Also, an individual trying to sell a particular coin wouldn't usually have the resources (advertising, mailing lists, dealer contacts, other announcements) that a commercial firm like Teletrade would have. This guy's gonna clean house. I'm gonna take a leap of faith here and guess it's gonna go over $200K. Since it's a unique coin (for the moment), the bidders are not gonna stop with a logical well-reasoned bid. Like Bryan said, whoever has the most bucks will win and he's not gonna stop bidding until everyone else has cashed in their chips (figuratively speaking, but maybe not).  Fred |
|
Bedrock of the Community
United States
14454 Posts |
and 200k is ALOT of pennies!!!
|
|
Pillar of the Community
Canada
1152 Posts |
Im guessing it will go for $55,000. It may be unique, but its only a penny.
It will go far! When does the auction start?
|
|
Pillar of the Community
Canada
1152 Posts |
i couldnt find it on teletrade! anyone got a link?
|
|
Bedrock of the Community
United States
14454 Posts |
|
|
Bedrock of the Community
United States
14454 Posts |
|
|
Pillar of the Community
United States
1626 Posts |
Sure looks purrty. It will be interesting to see how much it sells for.
|
|
Bedrock of the Community
United States
14454 Posts |
yep its a nicen, it sure looks as close to 70 as one can ever get to me from the pictures. I am sure this thing will set some kind of record for a Lincoln Memorial cent sale Edited by Bryan1315
09/21/2006 01:47 am
|
|
Page 2 of 2
|
Replies: 24 / Views: 10,143 |
Page 2 of 2
|
First Page
Posted 09/08/2006 8:11 pm
