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 Replies: 17 / Views: 3,185 |
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Pillar of the Community
United States
5830 Posts |
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Bedrock of the Community
13014 Posts |
PCGS has 0 graded as MS70 from that year so it is certainly a rarity.
NGC has 88 Graded as 70s and even their price guide only has it listed as a 22k coin.
Certainly a rarity but 29k seems to be a very lucky day for that seller
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Pillar of the Community
United States
5207 Posts |
Money laundering scheme in an effort less 10% ebay fees to wash $30K in ill gotten funds. This happens in may other "hobbies" listed on ebay but usually for $3K buy it now items worth $50. |
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Pillar of the Community
United States
4901 Posts |
Hmmmmm...I have a roll of them purchased in 1999 straight from a monster box. Maybe I should crack it open and check for the perfect one  |
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Pillar of the Community
United States
2543 Posts |
I read somewhere, that it would cost over $65,000 to assemble a collection of MS70 Silver Eagles.
It would seem that total my have to be adjust up a bit.
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New Member
United States
18 Posts |
Someone shell bidded it, illegal tactics. If you look at history of bid, someone shelled it over 10 times.
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Pillar of the Community
United States
2311 Posts |
Wow! Just not worth it... I would never pay that much for one coin when you could buy tons of different ones.
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Bedrock of the Community
13014 Posts |
Quote:
I read somewhere, that it would cost over $65,000 to assemble a collection of MS70 Silver Eagles.
It would seem that total my have to be adjust up a bit. Im actually not sure if thats even possible. I cant access the full NGC population report so I dont know if they have 70s for every year or not, but I do know theyre 8 years where the highest graded by PCGS is a 69. Theres another 4 years where they only have 1 70. |
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Pillar of the Community
 United States
5830 Posts |
I have my Suspicion that the 3rd parties have something to do with the coin market manipulation.   |
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Pillar of the Community
United States
3755 Posts |
As stated, a money laundering scheme. Coin World lists an MS70 as 4775.00. |
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Pillar of the Community
United States
899 Posts |
I don't know about shill bidding... but neither of the 2 people who did bid have a whole lot of buying behind them. i'd wait for the check to clear before I got to excited!
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Bedrock of the Community
13014 Posts |
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Pillar of the Community
United States
584 Posts |
Hello all, Missed everyone! Jack Its the first thing that comes to my mind! Macmercury What in the world would make you think that...  I couldn't agree more! Just this week Ecollector from PCGS Had a write up on Kennedy Halfs. I enjoyed it. But as usual the conspiracy theorist in me had to jump out, wondering how much this article effects prices / interest. How many high end examples do you think they have ready to sell once the price peaks. A more plausible scenario would be getting rid of inventory currently for sale... I suppose I know I'm looking out for Kennedy's a lot more then I was lol Edited by amassey08873
03/31/2013 2:57 pm
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Pillar of the Community
United States
4901 Posts |
Quote:
Someone shell bidded it, illegal tactics. If you look at history of bid, someone shelled it over 10 times That's not shell bidding...If someone puts in a high bid of say $25,000 on an item presently selling for $5000 every time someone bids over the present amount (say $6000) the original bidder will supersede that amount and it will look like a new bid (it is) So, bids at 6k, 7k, 8k etc. will all be seen as new bids by the $25k person (up to their max bid). I have the same situation with one of my auctions ending tonight....the last 7 bids by the same person but created by the unseen in between bidder... |
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Valued Member
United States
292 Posts |
I'm glad I'm not a coin collector. Look how much "stack" you could do with that amount of money.
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Pillar of the Community
United States
3755 Posts |
Huh, OK, they are off on this one. Still would not pay more than 25. Just not worth it IMO
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Replies: 17 / Views: 3,185 |
Posted 03/30/2013 9:20 pm
