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What Did I Miss On This 1913 D Type 1 Buffalo?

 
 
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Pillar of the Community
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 Posted 05/28/2017  9:39 pm Show Profile   Bookmark this topic Add Slider23 to your friends list Get a Link to this Message
The coin has a strong strike with some nice color on the reverse and a CAC sticker. Retail for the grade is $130 and I was willing to bid a $50 premium for the coin and I thought I was reaching for the coin. The coin sold for $387 with shipping. -see below-

332223471004
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866 Posts
 Posted 05/28/2017  10:27 pm  Show Profile   Bookmark this reply Add Beefer518 to your friends list Get a Link to this Reply
I'll guess it's a combination of the strong strike and toning, but I think it's the toning that sent it so far up. It sure has lots of eye appeal (IMO), and tuning guys will pay for pretty coins.
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 Posted 05/28/2017  10:36 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
For some reason that newbie e-bay buyer wanted that coin pretty badly . It's a beauty , I would have graded it MS65 In a heart beat .
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10347 Posts
 Posted 05/29/2017  12:07 am  Show Profile   Check spruett001's eBay Listings Bookmark this reply Add spruett001 to your friends list Get a Link to this Reply
I don't think you missed anything. There was some sort of bidding war between the two highest bidders.

I'm waiting to see if the winner actually pays or if it will be relisted...
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 Posted 05/29/2017  03:42 am  Show Profile   Bookmark this reply Add Coconutjoe to your friends list Get a Link to this Reply
they must love that CAC sticker
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United States
4205 Posts
 Posted 05/29/2017  12:36 pm  Show Profile   Bookmark this reply Add Debrajc to your friends list Get a Link to this Reply
Yep, the real bidding stopped around $130 except for the newbie and one other bidder.
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 Posted 05/29/2017  4:48 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
You see this sort of situation frequently on eBay.
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 Posted 05/29/2017  7:38 pm  Show Profile   Check paralyse's eBay Listings Bookmark this reply Add paralyse to your friends list Get a Link to this Reply
This happens when you have two people for whom neither money nor common sense are any concerns. One of them just has slightly less money and/or slightly more common sense than the other.
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 Posted 05/29/2017  7:45 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
Yeah but they wind up throwing the average buyer out of the ball park .
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 Posted 05/30/2017  04:06 am  Show Profile   Bookmark this reply Add tonedcoinguy to your friends list Get a Link to this Reply
I wish I would have seen this coin myself. I would have taken it higher. Its the neon toning on Buffalo's or any coin for that matter that gets the premium. Keep trying. The toned coin market can be very confusing and frustrating. it's all based on what one will pay for the coin vs. the actual value.
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 Posted 06/02/2017  9:26 pm  Show Profile   Check bandsdean's eBay Listings Bookmark this reply Add bandsdean to your friends list Get a Link to this Reply
Color is king right now.
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 Posted 06/02/2017  10:49 pm  Show Profile   Bookmark this reply Add Dual-brain to your friends list Get a Link to this Reply
That particular seller lists nice coins consistently, they are usually toned (hence his name) ; HOWEVER; he is widely known for this, and has been in articles, thus his coins go for crazy prices, I have seen common date ASE's with crazy toning sell from him for upwards of $2k...
Imho, great to watch, and unless you are EXTREMELY lucky, you will be paying through the nose for any coin that you want of his...
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