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 Replies: 26 / Views: 3,007 |
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Bedrock of the Community
United States
20753 Posts |
Quote:
Think the buyer cracked it and put it in their Dansco? Absolutly not. Probably put it in a Whitman Classic Album. That is where I put all my MS-65 and higher graded coins. Not sure why so many are amazed at that price. Doesn't everyone pay that for coins?  Now if it was not in a slab, might have sold for $300.00 + or - a few hundred thousand.  |
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Pillar of the Community
 United States
2448 Posts |
I'll take two! |
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Pillar of the Community
United States
511 Posts |
Considering how easily red copper can fade and/or develops spots, this price is insanity on steroids.
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Pillar of the Community
United States
1081 Posts |
For something like that, I don't get the price, but to each his own. I'm sure it will be locked away in a safe some place and wont' see daylight for years to come.
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Moderator
 United States
188440 Posts |
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Think the buyer cracked it and put it in their Dansco? One can only hope.  Just kidding. That is one slab I would never crack. I would never own it, but would never crack if it ever came into my possession. |
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Pillar of the Community
United States
1080 Posts |
Since it was at auction, at least 2 people thought the price was justified. (or one person was messing with with the other as s/he drove the price up)
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Pillar of the Community
United States
958 Posts |
i think ms-63 is around 100k if you look at numismedia
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Bedrock of the Community
United States
10045 Posts |
I remember a lot of top-grade US coins were fetching staggering prices a few years back.  I'm more blown away by what the sale price on that one coin could buy in terms of a whole collection.  |
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Bedrock of the Community
United States
20753 Posts |
Quote:
Think the buyer cracked it and put it in their Dansco? OK so now picture this. The buyer does want to put it in something to really keep it perfect since many suspect those slabs are just not air tight. So he puts the slab in a vise, turns the handle to loosen the edges, starts cutting with a Dremel on the edges. THEN the entire slab burst open, the coin goes flying, he attempts to grab it in the air, misses, it hits the floor, bounces and rolls under the work bench. He bends down to find it, bumps into a hammer on the bench that also falls on top of the coin. That hammer had paint on it and now he lefts the hammer and the coin is not there. It's on the hammer head. Mad he throws the hammer outside and it hits a fence, the coin falls into the dirt with the paint on it. He never finds it again. 30 years later his house is sold, some people with kids move in, they find that coin, put it on a RR track and .........well you know how this ends.  |
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Moderator
United States
188440 Posts |
 Made me cringe just reading the "coin goes flying" part. I really lost it when I got to the end. |
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Pillar of the Community
United States
1659 Posts |
Nice visual carl! I could barely make it to the end without feeling sick! LOL!
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Valued Member
United States
463 Posts |
People have too much money, IMHO just a waste of money but if you have millions why not right
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Pillar of the Community
United States
4085 Posts |
Insert Tom and Jerry into your story Carl and you'd have an instant cartoon classic!
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Pillar of the Community
United States
2764 Posts |
The buyer is not a collector by true definition. He/She is a "rare coin investor"..... now if you think in that context then the price consideration would be different..... the main consideration become "rate of return" or "appreciation value".
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Pillar of the Community
United States
2541 Posts |
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Replies: 26 / Views: 3,007 |
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First Page
Posted 03/14/2011 2:18 pm
