1864 L Indian Cent, Am I Missing Something.

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Author	Replies: 8 / Views: 870
TypeCoin971793 Pillar of the Community United States 6370 Posts	Posted 02/07/2016 07:25 am I graded this one VG-10 with a strong strike. Put it up on ebay for $50 BIN OBO and it sold instantly for $50. But I got no bites when I listed it here. Am I missing something? Report this Post to the Staff

T-BOP Rest in Peace United States 18456 Posts	Posted 02/07/2016 08:00 am Got Lucky Report this Post to the Staff
T-BOP Rest in Peace United States 18456 Posts	Posted 02/07/2016 08:05 am For Me it was too much wear on Liberty, lack of any diamonds ,and too much wear on hair. Reverse was not bad ! Report this Post to the Staff
52Raymo Pillar of the Community United States 8521 Posts	Posted 02/07/2016 10:03 am You should have auctioned it on ebay with a 99 cent start. Would've went for more. Oregon coin geek.....* GO BEAVS ! ! ! * Report this Post to the Staff
TypeCoin971793 Pillar of the Community United States 6370 Posts	Posted 02/07/2016 10:11 am I got my $50 value from looking at ebay sold prices. Anything over $40 had a much stronger LIBERTY than this one, and similar coins in auction settings were selling for $30-40. I didn't want to take less that $40 for it, especially given the flop of my previous auctions, so I put it up as a BIN. But hey, I have negative $30 in this coin, so all is good. Report this Post to the Staff
moxking Rest in Peace United States 17900 Posts	Posted 02/07/2016 12:00 pm Here you might have a few hundred views, maybe. There you have the potential for millions of possible views. Report this Post to the Staff
paralyse Bedrock of the Community United States 12057 Posts	Posted 02/07/2016 2:37 pm The only thing you're missing is 10 million + potential buyers there vs. 1000? potential buyers here, and also, a lot of CCF'ers probably already have an example :) Nice coin, I think $50 is a strong sale price. Member ANA - EAC - TNA - SSDC - CCT #890 "Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis Report this Post to the Staff
Mike1487 Pillar of the Community United States 709 Posts	Posted 02/07/2016 3:06 pm Yeah, that's a nice sale price. I don't blame you for using OBO. I have also had bad experiences starting auctions at $0.99. Usually 1864-L's are rare and in demand enough that they will get the bids, but mid-desirable coins like 1875, 1863, etc. I always get less than stellar bids on no matter how good my pictures are. It's a fickle market. Report this Post to the Staff
Coinfrog Bedrock of the Community United States 94367 Posts	Posted 02/07/2016 4:06 pm Well said, paralyse. Report this Post to the Staff
	Replies: 8 / Views: 870

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