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Replies: 27 / Views: 2,701 |
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Moderator
 United States
16677 Posts |
This coin sold for $448,500 in the Goldberg Pre-Long Beach Coin and Currency Auction on May 28,2007 (sale 41, lot 1643). Why not make another $300,000...and on the bay http://www.ebay.com/itm/1797-10-Sma...em3f1307be80All jokes aside, this coin is insane  swcoin.ecrater.com
Edited by vermontensium 01/30/2012 9:04 pm
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Pillar of the Community
United States
2589 Posts |
I met the east coast buyer for goldberg at a local coin shop once and had some very informative conversation with him.
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Pillar of the Community
United States
2589 Posts |
The lines on the reverse fields make it look like its been cleaned lol
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Moderator
  United States
16677 Posts |
Adjustment marks.
swcoin.ecrater.com
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Pillar of the Community
United States
2589 Posts |
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Pillar of the Community
United States
1801 Posts |
Well that was a let down, I was sure this thread was going to be you showing off your new coin.
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Pillar of the Community
United States
4897 Posts |
Yeah, that coin is ridiculous!
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Pillar of the Community
United States
5854 Posts |
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Bedrock of the Community
United States
10045 Posts |
  Still, that's quite an expectation for under four years.
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Pillar of the Community
 United States
2362 Posts |
I'm a rookie so I ask rookie questions. I wonder if ebay is the right place to sell this coin or is the owner just 'advertising' the fact that it is for sale and he really wants to sell it directly to someone after the auction? I don't know anything about fees at Heritage or others but ask what would be the fees charged by ebay and Paypal be if he actually sold this coin?
Member ANA and EAC "You got to lose to know how to win". Dream On by Aerosmith
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Pillar of the Community
United States
5854 Posts |
If the coin sells, the seller would be paying a cool $36,793 in ebay and paypal fees. If it were listed as an auction, it would be only $21,850.
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Bedrock of the Community
United States
10045 Posts |
I suspect ebay is just being used for marketing.
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Bedrock of the Community
United States
14454 Posts |
Quote:I suspect ebay is just being used for marketing. I agree, you will see this type of advertising allot on ebay where the seller has a item thats worth allot and this gets people either in his shop or finds a buyer for allot less than the BIN on ebay. You have to think, eBays cut of this item will be HUGE and most of the $300,000.00 he is asking above what he gave will be taken in ebay fees, he gets to list for free and then get a buyer outside ebay to save thye fees and frees up his investment money and plus probably make a little as well. I am sure if someone wanted to hit the BIN it would be fine with him as well because he will still make probably the same thing after ebay fee's as he is probably wanting for the coin outside of ebay. The ebay fee's will probably be close to $50,000.00 going straight to ebay not to mention if they throw in paypal fees on top of that
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Valued Member
United States
102 Posts |
Mine is certainly not MS63 (alas...) but the 1797 $10 Small Eagle is one of my favorite coins. The price guides are hard to peg for these as indeed there are probably 25-30 left and auction appearances are few and far between. As much as I do like it, I think this ebay auction is overreaching. Anyway, here are a couple pictures of mine. I hope you enjoy!   Also, to give a bit of color around my mentality to collecting - I've cracked this coin out of it's slab. *pause for gasps* I did question my sanity when deciding to crack it out, but I just couldn't stand to see it imprisoned in plastic. Feeling the heft of a $10 gold piece is stunning and I doubt many collectors will have ever held a coin like this (albeit cautiously!) in their bare hands. I appreciate the benefits of plastic but if I don't intend to sell a coin for many, many years, I prefer to keep it more accessible (in an Air-Tite) - that way, when it does come time to slab it, I'll be able to get the latest and greatest in slabbing (Secure Plus Plus Squared by then I imagine).
Edited by SmallEagle 02/01/2012 03:04 am
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Pillar of the Community
United States
1432 Posts |
SmallEagle . . absolutely fantastic - I can't post 5 stars so the best I can do is      I went back and reviewed your post in the "12 days of your favorite classics" https://goccf.com/t/104902&whichpage=20 I can see why this was your #1.
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Pillar of the Community
United States
3253 Posts |
Seconded! An 18th century capped bust gold piece was always my ultimate dream coin, and it saddens me no end to think that, in this day and age, it's almost inconceivable to expect to acquire one that hasn't been suffocated in a plastic tomb. Unless, of course, SmallEagle knows where such fine gold can be obtained raw, or if he (or she) is willing to part with one of his own marvelous examples!
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Replies: 27 / Views: 2,701 |