Occasionally I'll cruise through an eBay category such as Gold Eagles, window shopping for exceptional values. This visit was a real letdown. Everyone seems to think that their common grade melters are valuable right now. Here are a couple examples....
Agree. It seems common as of late. It amazes me that details graded coins are bringing mint state prices. Maybe it's time to contact Gold Line and buy them at just over melt. Then I could buy mint state Eagles with the profit from fools.
The odd thing is that there's a more intense competition, and better quality coins, as the listing price gets closer to melt. Pricing a common cull at $900-1000 is unrealistic when MS slabs are selling at $800.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire