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 Replies: 17 / Views: 3,122 |
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Pillar of the Community
United Kingdom
3626 Posts |
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Moderator
 United States
23731 Posts |
I really don't see anything special about this coin other than it's beautiful condition and provenance. I'd say it's a bit pricey.
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Valued Member
United States
234 Posts |
Looks like 1 bidder has raised the price from $90.0 dollars to $377.00 all by himself. Not sure how this can be done with no other bids in between .Nice coin though not sure if has been tooled.
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Pillar of the Community
United Kingdom
4208 Posts |
Its in mint state - the higher the grade goes the rarer it is to fid an example in that grade. This is very well struck and very well preserved and even very well cleaned (very good surfaces). Heck, its even struck from two crisp dies. Its a rare combination to find - my best bronze is mint state but mistruck - this is just showing how much people will pay for the really good stuff. Its gone much higher than its worth, but such an example is not easily found.
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Pillar of the Community
 United Kingdom
3626 Posts |
Thanks. Don't think I will be bidding!
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Pillar of the Community
3772 Posts |
Quote:
Looks like 1 bidder has raised the price from $90.0 dollars to $377.00 all by himself. Maybe someones fingers slipped. While being very nice, that is definitely a little much for that coin. |
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Pillar of the Community
United States
589 Posts |
Only thing I can think of is someone retracted a bid...and it retreated all their bids? Showing automatic bids just shows the same thing as with them hidden. One guy increasing his max bid and additionally increasing the overall bid price. Something that shouldn't happen otherwise.
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Valued Member
United States
356 Posts |
I call foul on this coin. First, it seems off, tooled, or lettering too large. No expert here, but just does not sit right with me. Second, where is the Reference info? RIC #? That seems important with a coin like this. If anyone had retracted the bids it would have brought the price down, so someone manipulated the bidding which is the third strike.
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Pillar of the Community
Italy
1790 Posts |
The seller is a reputable VCOINS dealer ( personally I think he is to expensive) and the coin looks fine to me. Interesting situation to say the least.
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Moderator
United States
23731 Posts |
I don't think the coin has been tooled, it's in just such a high grade that it almost looks too good to be true. Still IMO it sold for well above what it's worth.
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Pillar of the Community
United States
4778 Posts |
It looks fine to me too. The details and style match those of a coin from this period. The only thing I don't agree on is the sale price. Quote:
Second, where is the Reference info? RIC #? That seems important with a coin like this. Because not having a reference number in the listing automatically means the seller is dishonest and knowingly selling a fake, right?  |
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Pillar of the Community
United States
513 Posts |
I can't comment on why the coin got as high as it did other than to say that a lot of the time you end up paying 90% of the price for the last 10% increase in quality. The bidding pattern seems pretty normal to me though. Somebody decided they just had to have that coin and put in a high proxy bid, a few other people took shots at it, then finally a person decided to get wise at the end and bid 376, hoping the other guy had bid 275 as the max, hence to 377 final price.
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Pillar of the Community
3772 Posts |
To me it looks as if the last eleven bids were made by them same bidder. Am I reading that wrongly?
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Pillar of the Community
United States
513 Posts |
It looks like that when someone has a proxy bid in higher than what someone else tries to bid. For example, if an item were at $5, and I put a proxy bid in for $10, it would show that I bid $6. Then if you came in and bid $9 it would show that I bid $10, and it'd look like I bid twice in a row.
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Pillar of the Community
3772 Posts |
Thanks for the explanation.
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Pillar of the Community
United States
4971 Posts |
perhaps two collectors got in a "best of type" duel?
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Replies: 17 / Views: 3,122 |
Posted 02/16/2015 3:23 pm
