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 Replies: 12 / Views: 1,898 |
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Valued Member
United States
115 Posts |
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Pillar of the Community
United States
5825 Posts |
Anyone that could afford that kind of money will know the price is wrong.
And anyone that doesn't will also buy the Brooklyn Bridge.
Caveat emptor.
Edited by kanga
12/10/2014 10:20 pm
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Valued Member
 United States
115 Posts |
The point I am making is, where is the integrity of the seller.
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Pillar of the Community
 United States
1949 Posts |
Anyone can list anything for any price. I do not see a big issue with this?
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Pillar of the Community
United States
1431 Posts |
I wouldn't call it a lack of integrity so much as a lack of business sense, as no sensible person is going to buy a wildly overpriced item.
As long as there is no misrepresentation or deception being made on the seller's part, which there does not seem to be here, then I don't have a problem with it.
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Moderator
 United States
23522 Posts |
Large Dates are only 15% of the total and skyrocket above AU50. Seller's asking low real-world PCGS AU55 money, not far off the mark. The last PCGS AU55 at Heritage went for over $15k. A Large Date is $8000+ in PCGS AU50.
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Pillar of the Community
United States
1431 Posts |
Quote:
Large Dates are only 15% of the total and skyrocket above AU50. Seller's asking low real-world PCGS AU55 money, not far off the mark. The last PCGS AU55 at Heritage went for over $15k. A Large Date is $8000+ in PCGS AU50. There you go. I probably should have done my research before taking the OP's statement at face value that the item in question was overpriced. |
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Moderator
United States
23522 Posts |
Due diligence is part and parcel of our hobby. And every asking price is ridiculous to someone.  |
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Pillar of the Community
United States
9792 Posts |
I would think that some collector needing a coin like this or even considering one, would have the brains to research the purchase before hand at Heritage, Stack's/Bowers, Goldberg's, etc. and have at least a basis on what similar coins are selling for. But as PT Barnum said, "there's a sucker born ever minute" and some uninformed investor could easily be caught up in a purchase like this. I can't blame a guy for trying to sell it for as much as he can get, just that any knowledgeable collector would not buy this coin at that price.
"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 |
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Forum Dad
United States
24154 Posts |
Do you want someone telling you what you're allowed to charge for something? I sure don't.
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Moderator
United States
16679 Posts |
If it's a flip, you want to maximize your profit potential.
If it is explained as a genuine coin..not deceiving anyone..good luck to him.
The market will dictate the price.
swcoin.ecrater.com
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Pillar of the Community
United States
506 Posts |
I guess this is one of those rare times where the price guide is under instead of over, although I do find that PCGS's is usually closer than NGC's.
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Pillar of the Community
United States
3755 Posts |
Hmmmmm. Honest pics of a graded coin with an accurate description. I would say the sellers integrity is firmly in place. My question is why would you call the sellers integrity into question simply because you think it is over priced? And as Dave pointed out, it really is NOT over priced. So I imagine the seller lives themselves quite nicely.
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Replies: 12 / Views: 1,898 |
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Posted 12/10/2014 10:29 pm
