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Is This First Saddle Ridge Coin On Ebay?

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Author Previous TopicReplies: 13 / Views: 2,099Next Topic  
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edweather's Avatar
United States
7375 Posts
 Posted 06/04/2014  6:52 pm Show Profile   Bookmark this topic Add edweather to your friends list Get a Link to this Message Number of Subscribers
Just saw this..

http://www.ebay.com/itm/1888-S-Doub...em46212ccf6e

I'm guessing this was purchased from Amazon.

Opening bid $4,699 yikes! $1,620 full retail value on PCGS price guide.
Edited by edweather
06/04/2014 6:59 pm
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nickelsearcher's Avatar
United States
15392 Posts
 Posted 06/04/2014  7:15 pm  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
Likely soon to see many more ... mostly overpriced. :(

David
Take a look at my other hobby ... http://www.jk-dk.art
Valued Member
United States
121 Posts
 Posted 06/04/2014  7:46 pm  Show Profile   Bookmark this reply Add ziskindd to your friends list Get a Link to this Reply
I have never seen a grade sub MS60 with a + designation. Is that because it is a famous hoard?
Valued Member
ProfLiz's Avatar
United States
373 Posts
 Posted 06/04/2014  9:43 pm  Show Profile   Bookmark this reply Add ProfLiz to your friends list Get a Link to this Reply
I have an AU58+ in my type set; it's a Two Cent copper. I'll sell it for half of what that double eagle is going for!
Valued Member
jhp2104's Avatar
United States
291 Posts
 Posted 06/05/2014  12:33 am  Show Profile   Bookmark this reply Add jhp2104 to your friends list Get a Link to this Reply
The initial sales price from Amazon was much higher then the PCGS price guide value. The buyer purchased the coin for around $3,400.
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TreasHunt's Avatar
United States
2540 Posts
 Posted 06/05/2014  06:30 am  Show Profile   Bookmark this reply Add TreasHunt to your friends list Get a Link to this Reply
Overpriced, but they will sell.

Such a waste of money
Valued Member
SpareHuman's Avatar
Sweden
135 Posts
 Posted 06/05/2014  07:14 am  Show Profile   Bookmark this reply Add SpareHuman to your friends list Get a Link to this Reply
It DOES come with free shipping.
Edited by SpareHuman
06/05/2014 07:15 am
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pcunix's Avatar
United States
58 Posts
 Posted 06/05/2014  08:09 am  Show Profile   Bookmark this reply Add pcunix to your friends list Get a Link to this Reply
But are they still selling on Amazon? For the past few days I have searched "saddle ridge gold coins" at Amazon and the results have been 500 each time. Unless they are adding new coins as they sell, it looks like no sales since the first ones?
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CoinCollector2012's Avatar
United States
8137 Posts
 Posted 06/05/2014  4:33 pm  Show Profile   Bookmark this reply Add CoinCollector2012 to your friends list Get a Link to this Reply
What this person most likely did was they bought it with the intent to resell it on the Bay.
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edweather's Avatar
United States
7375 Posts
 Posted 06/05/2014  5:46 pm  Show Profile   Bookmark this reply Add edweather to your friends list Get a Link to this Reply


Looks like a poor business decision But you never know, someone might crawl out from under a rock and buy it. I doubt it though. Will add it to my watch list anyway just for the grins.
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RedRaider's Avatar
United States
1018 Posts
 Posted 06/07/2014  2:51 pm  Show Profile   Bookmark this reply Add RedRaider to your friends list Get a Link to this Reply
These coins are going to be way overpriced due to Kagin getting his hands on them. These coins might be famous, but for the most part, the coins being sold are way, way overpriced.
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edweather's Avatar
United States
7375 Posts
 Posted 06/09/2014  6:48 pm  Show Profile   Bookmark this reply Add edweather to your friends list Get a Link to this Reply
And then there were 2.....

http://www.ebay.com/itm/1856-S-10-F...em3f37b4cb25

...gosh this $900 coin for $5250 is making that first one look like a deal
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MeadowviewCollector's Avatar
United States
4409 Posts
 Posted 06/09/2014  7:41 pm  Show Profile   Bookmark this reply Add MeadowviewCollector to your friends list Get a Link to this Reply
LOL there's an 1856-S Eagle NGC certified AU-53 for $1,897 on Collector's Corner. Why would anyone pay AU-58 money for a lesser grade coin?

I know the hoard is famous but paying a $3300 premium for it is absurd...imo of course.


-MV
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jhp2104's Avatar
United States
291 Posts
 Posted 06/09/2014  11:41 pm  Show Profile   Bookmark this reply Add jhp2104 to your friends list Get a Link to this Reply
Ultimately the Saddle Ridge coins will come down on the Secondary Market. It might take a while, but I do not see them maintaining their current premium levels when comparable coins can be purchased for substantially less.
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