Why Is This 1905 Large Cent Getting So Many Bids?

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Author	Replies: 17 / Views: 3,508	Page: of 2
gidjit Pillar of the Community Canada 1980 Posts	Posted 07/15/2013 3:33 pm i dont understand why people always bid over market value on my items? do you see any reason why this coin should sell for so much? its just a common penny http://www.ebay.com/itm/31070277089....m1555.l2649 Report this Post to the Staff

ewaste New Member United States 33 Posts	Posted 07/15/2013 3:48 pm Wow, I know I have an old World Coin Book but that is way over priced isn't it? My book lists an MS63 at $100. Is there a rare variety or something or just over paying? Report this Post to the Staff
gidjit Pillar of the Community Canada 1980 Posts	Posted 07/15/2013 3:52 pm i think its just overpaying. this seems to happen all the time to me and I dont know why, my friend at work gets mad at me cause he will sell a coin for $4 and I will sell virtually the same coin for $40 Report this Post to the Staff
kuh_85 Pillar of the Community Canada 2366 Posts	Posted 07/15/2013 3:53 pm Can't say it looks like an MS64+ to me. Maybe your inexperienced bidders are using the asyn guide to grading? Report this Post to the Staff
gidjit Pillar of the Community Canada 1980 Posts	Posted 07/15/2013 3:56 pm i was thinking it was maybe an ef coin cat value = $18, even then I wouldnt pay $18 for it, and yes asyn might call it ms 64 full lustered lol Report this Post to the Staff
ewaste New Member United States 33 Posts	Posted 07/15/2013 3:57 pm I noticed that on ebay that if you are known as a niche seller (ie Canada coins, errors, etc) then you tend to get better prices because your name gets around. Seems to me that is the case. All it takes is 2 people fighting over it. Don't know if this is the case with your but seems like it. The high bidder looks like he bid quite a few times or just has a huge bid in. Either way, it will be fun to watch at the end. Report this Post to the Staff
Colhand1 Pillar of the Community United States 629 Posts	Posted 07/15/2013 4:01 pm I would like to have their emails so that I could contact them when I put things up for sale Report this Post to the Staff
gidjit Pillar of the Community Canada 1980 Posts	Posted 07/15/2013 4:13 pm i guess I may have settled in one place on ebay and therefor I am known in that area but still,,, I bet the next 1905 in that condition I list I get $7 ,these buyers that are bidding on this aren't even repeat buyers Report this Post to the Staff
ewaste New Member United States 33 Posts	Posted 07/15/2013 4:15 pm I know what you mean. I can't sell Canadian coins for have of book value. It was to the point I was selling common Canadian large cents in VF for under $1 and would have to list them numerous times to get them to sell. Report this Post to the Staff
gidjit Pillar of the Community Canada 1980 Posts	Posted 07/15/2013 4:22 pm hmmmm I have many more 1905's ,,,maybe I should do a second chance offer of a coin comparable to this one. to the lower bidder, i mean if the auction ends now I could sell a second 1 at $91 Report this Post to the Staff
ewaste New Member United States 33 Posts	Posted 07/15/2013 4:31 pm Why not? Report this Post to the Staff
glenzy1 Pillar of the Community Canada 1554 Posts	Posted 07/15/2013 5:52 pm Can't understand what's goin on here. There are no varieties known to this date and the trend value for this particular coin is a mere $20.00. Glenn Report this Post to the Staff
Max L Valued Member Canada 258 Posts	Posted 07/15/2013 7:02 pm Amazing, nearly 100 dollars for that penny I usually see those in 3-5 dollar junk bins even in that shape. Report this Post to the Staff
tfred Pillar of the Community Canada 627 Posts	Posted 07/15/2013 10:50 pm Nice problem to have. Report this Post to the Staff
mindfreak Valued Member Canada 62 Posts	Posted 07/16/2013 08:17 am Lets just hope you get paid. I have had a few strange excuses from buyers backing out of auctions that they won. One was "my 2 year old got hold of my computer and bid on your item". And of course when it was re-listed, it did not go for near the original auction sale price. Report this Post to the Staff
Ningcumpoop Valued Member Canada 220 Posts	Posted 07/16/2013 4:40 pm Three different bidders all bidding over 89.00, hmmmm. The 3 bidders have lower feedback so this must be lack of knowledge. Report this Post to the Staff
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