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1864 L Indian Cent, Am I Missing Something.

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Author Previous TopicReplies: 8 / Views: 873Next Topic  
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TypeCoin971793's Avatar
United States
6370 Posts
 Posted 02/07/2016  07:25 am Show Profile   Bookmark this topic Add TypeCoin971793 to your friends list Get a Link to this Message Number of Subscribers
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?

1864-L-Indian-Cent,-Am-I-Missing-Something.

1864-L-Indian-Cent,-Am-I-Missing-Something.
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T-BOP's Avatar
United States
18456 Posts
 Posted 02/07/2016  08:00 am  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
Got Lucky
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T-BOP's Avatar
United States
18456 Posts
 Posted 02/07/2016  08:05 am  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
For Me it was too much wear on Liberty, lack of any diamonds ,and too much wear on hair. Reverse was not bad !
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52Raymo's Avatar
United States
8537 Posts
 Posted 02/07/2016  10:03 am  Show Profile   Check 52Raymo's eBay Listings Bookmark this reply Add 52Raymo to your friends list Get a Link to this Reply
You should have auctioned it on ebay with a 99 cent start. Would've went for more.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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TypeCoin971793's Avatar
United States
6370 Posts
 Posted 02/07/2016  10:11 am  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list Get a Link to this Reply
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.
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moxking's Avatar
United States
17900 Posts
 Posted 02/07/2016  12:00 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
Here you might have a few hundred views, maybe.
There you have the potential for millions of possible views.
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paralyse's Avatar
United States
12057 Posts
 Posted 02/07/2016  2:37 pm  Show Profile   Bookmark this reply Add paralyse to your friends list Get a Link to this Reply
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.
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"Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis
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Mike1487's Avatar
United States
709 Posts
 Posted 02/07/2016  3:06 pm  Show Profile   Bookmark this reply Add Mike1487 to your friends list Get a Link to this Reply
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.
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Coinfrog's Avatar
United States
94367 Posts
 Posted 02/07/2016  4:06 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Well said, paralyse.
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