Did I Miss Out? (Swiss 19th C. Ebay Lot)

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Author	Replies: 5 / Views: 1,211
Finn235 Pillar of the Community United States 6130 Posts	Posted 08/19/2015 09:38 am I randomly decided to cruise ebay for all "ending soonest" coin lots, and almost pulled the trigger on this listing: http://www.ebay.com/itm/SWITZERLAND...8?nav=SEARCH Since it was late and I was tired, I decided against my gut feeling to drop over $200 on coins I knew next to nothing about, even if I was paying only an average of $0.20 per coin. I only had a minute to make the decision, so I let the auction go. However, I take a look online this morning at some of the coins in the photos, and it looks like out of the listing of 1,000 coins, at least a dozen catalog for $25-50 each. Did I make a reasonable call, or did I completely miss out? Report this Post to the Staff

Atlas642 Pillar of the Community United States 562 Posts	Posted 08/19/2015 09:48 am In my experience, it is better to pass on something you don't know about than to jump blindly in. While you may miss some deals this way, you also avoid the many over-priced lots and fakes that look like great deals. There will always be other opportunities out there. Report this Post to the Staff
LordWrathbone Valued Member United States 124 Posts	Posted 08/19/2015 3:04 pm What a cool auction! I buy little bits at a time, but if $200ish was in the budget... Report this Post to the Staff
X2an Pillar of the Community Sweden 1078 Posts	Posted 08/19/2015 3:18 pm Most swiss 5-20 rappen from 1850-1875 usually sell for more than $5 in my experience. Now there were a bunch of these, but also some other pre-confederation coins, and they should also reach such prices, maybe even up to $10. However, the rest, and also the most of it, were older non-silver 5-20 rappen coins, youngest I could see was from 1920. I'm pretty sure these could fetch maybe $1-$2 each, but imagine selling off the ones you don't want from that bulk. $200 is a hefty asking price, but it was definitely worth it IMHO. Report this Post to the Staff
Finn235 Pillar of the Community United States 6130 Posts	Posted 08/19/2015 9:15 pm From what I have been able to see, the auction was for the pre-confederation lot more than anything else, with the 5/10/20 rappen lot just being icing on the cake. I feel a lot better that the coins are only worth $5-10 each, rather than $20-300 each, which are some of the prices I saw being thrown around online (I assume those are for BU specimens and/or varieties not listed here). Report this Post to the Staff
X2an Pillar of the Community Sweden 1078 Posts	Posted 08/20/2015 11:38 am That can be the case though, I haven't seen many of those in shops and even less online. As I said, in my experience, which is narrow for pre-confederation Also, the prices I'm citing are European (more specifically Swedish), don't know for US. Easy for me to say they are more common here. But I agree, those pre-confederation pieces were the center pieces of the auction. Report this Post to the Staff
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