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What's Most You Would Bid?

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bumma's Avatar
United States
51 Posts
 Posted 05/08/2013  09:57 am Show Profile   Bookmark this topic Add bumma to your friends list Get a Link to this Message Number of Subscribers
There's an auction coming up soon with many different items (non-coin related). Among them though is this error LMC. What would be the most you would bid on it?


What's-Most-You-Would-Bid?

Thanks!
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Jayman931's Avatar
United States
2651 Posts
 Posted 05/08/2013  12:04 pm  Show Profile   Bookmark this reply Add Jayman931 to your friends list Get a Link to this Reply
Well the slab looks a little funny to me. I do not collect those errors but just looking at ebay unslabbed off center zincolns sell between $1.50-$8.00 If it is in a real NGC slab and MS66 I would guess it would go for between $10-$15 I just did a search for MS66 NGC Graded Lincolns and I guess they are worth more than I suspected. I wouldn't pay that much but its not my thing. $19-39

http://www.ebay.com/sch/i.html?_odk...ngc&_sacat=0

These are just my rough estimates from looking at ebay. What is the highest I would bid? I might bid $3-4 if you are suspect of the slab. If it is an authentic NGC slab I might go $10-12.

Is this at an auction where you will be able to have the coin in hand?

But I don't collect these errors so if its your thing and you like it I would say you could bid more than I would. How much do you like it? If you are not doing this for money and you really like it I would bid more.

I have been known to over pay a little for a coin that I REALLY wanted to put in my MS Lincoln Album.
Edited by Jayman931
05/08/2013 12:09 pm
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52Raymo's Avatar
United States
8518 Posts
 Posted 05/08/2013  12:18 pm  Show Profile   Check 52Raymo's eBay Listings Bookmark this reply Add 52Raymo to your friends list Get a Link to this Reply
Ones with a date are worth more but it sure looks like a 1995 to me.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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denco7's Avatar
United States
2543 Posts
 Posted 05/08/2013  12:50 pm  Show Profile   Bookmark this reply Add denco7 to your friends list Get a Link to this Reply
The slab is an older NGC slab. Off center lincolns are a pretty common error. People hear " error " and they always think $$$$. The fact that it is slabbed increases the value somewhat. As I said it is a common error and I personally wouldn't pay more than $7-$8 for it. And then only because it in an MS 66 slab.
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drdave's Avatar
United States
721 Posts
 Posted 05/08/2013  1:07 pm  Show Profile   Bookmark this reply Add drdave to your friends list Get a Link to this Reply
I paid $8 for an almost identical one at an auction a couple of years ago (not slabbed). Afterwards I thought I paid a little too much, but I didn't have an off-center strike, so I'm OK with what I paid.
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westcoin's Avatar
United States
9792 Posts
 Posted 05/08/2013  4:18 pm  Show Profile   Bookmark this reply Add westcoin to your friends list Get a Link to this Reply
Under $10 for sure. Worth way less than the cost to have it slabbed.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013!
ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector.

See my want page: http://goccf.com/t/140440
Valued Member
bumma's Avatar
United States
51 Posts
 Posted 05/08/2013  9:27 pm  Show Profile   Bookmark this reply Add bumma to your friends list Get a Link to this Reply
Thanks for the responses. I am going to bid on it just because I don't own one yet. I was just curious.

Jayman I won't be able to have it in hand.

This is a yearly online auction that another group I belong to does. There are hundreds of all kinds of items. All proceeds go to St Judes Childrens Hospital.

Thanks again!

Rest in Peace
Parklane64's Avatar
United States
2668 Posts
 Posted 05/09/2013  12:52 am  Show Profile   Bookmark this reply Add Parklane64 to your friends list Get a Link to this Reply
Just spent my collecting money on art at a silent auction for the Cat House.

http://www.cathouseonthekings.com/

Well worth it!

Got a painting by a local artist, a Clay figurine by Margaret Hudson, and an Italian glass bowl and vase. Sweet!
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