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 Replies: 20 / Views: 3,500 |
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Bedrock of the Community
United States
10982 Posts |
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Rest in Peace
United States
9104 Posts |
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Pillar of the Community
United States
3540 Posts |
A real rough calculation by weight, there may be 200K value in silver melt value.
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Pillar of the Community
United States
1150 Posts |
Someone posted this on here a couple weeks back when it only had a couple bids. Its getting down to the wire and I'm wondering if it will meet the reserve...
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Valued Member
United States
256 Posts |
I'm a newbie on this site and had to check this out. I see in the listing it gives the weight but I bet that he's weighing the entire collection and not just the coins, any other opinions on that?
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Pillar of the Community
United States
2049 Posts |
Wow...wow...wow...did I say wow? That was quite a bit of fun to look through all the pictures. I wouldn't even know where to begin to put a figure on that. Now excuse me while I clean up the drool all over my keyboard. :P
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New Member
United States
13 Posts |
Can you imagine how many months it would take you to organize / catalog all of that?
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Bedrock of the Community
United States
14454 Posts |
Quote:
I see in the listing it gives the weight but I bet that he's weighing the entire collection and not just the coins, any other opinions on that?
yes I think he weighed albums and all together. I saw this same auction listing a month or so ago and it never met the reserve, probably won't this time either. |
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Pillar of the Community
United States
3540 Posts |
I took 20% off of the weight to account for a larger portion of the holders. I also calculated silver weight at 70% silver content coinage. Believe I am close to a good guess.
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Pillar of the Community
Canada
981 Posts |
Just a little out of my price range.
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Pillar of the Community
Canada
1733 Posts |
If they were Canadian coins I would consider a lot this large, after seeing it in person.
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Pillar of the Community
United States
2602 Posts |
The real trouble with this auction and ones like it from anthonysrarecoins are that the sellers don't list enough overall totals/details. How many silver dollars, halves, etc? There is just no way we can accurately estimate a bid for an auction this large without more details. The devil is in the details. Sometimes these sellers provide a bunch of pictures but could be same album from different vantage point- you count it by mistake as a 2nd different album but it's same album.
Things like this make it very hard to accurately estimate the worth- and you want to have lots of room to make a profit on a collection this large- and the seller needs his/her profit as well so they could be selling it above wholesale themselves.
I predict this won't meet reserve. This seller has had other large auctions in the past, art, estate sales, etc and nothing shows up in feedback over last month or two, so probably it's a way to draw attention to their other auctions of lower value, get people to look and buy other things- a way of advertising.
Edited by mycrob
01/09/2012 5:57 pm
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Pillar of the Community
United States
2602 Posts |
The collection does have countless key dates, several 16-d dimes, 1877 Indian cents, 1909-S Indian cents, 1885 & 1886 Liberty nickels, 1921 Walking Liberty halves, etc. Very loaded collection. But just not sure if it's a 100,000++ collection, because not enough details on the silver amount. I agree the weight includes weight of albums, cardboards, mint packaging plus the coins. Some albums are fuller than others. Still, a very nice collection overall. Wondering why with a collection of this size, why not break off the circulated silver coins and run that separately as an auction- break it into 2-3 smaller lots so more people could potentially afford this. This is a lot of money for a sight unseen collection. |
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Valued Member
United States
110 Posts |
It is a great collection but they should break it up into smaller groups. Probably should have some of the better coins slabbed for authenticity also. I think they would get alot more for it that way. At $100K + for the key dates I would think HA or one of the other big auction houses would be drooling over this.
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Valued Member
United States
89 Posts |
Wow he should send that to Heritge Auctions not ebay |
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Pillar of the Community
United States
3540 Posts |
Looks like the auction sold for 148K?
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Replies: 20 / Views: 3,500 |
Posted 01/08/2012 4:31 pm
