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 Replies: 17 / Views: 2,315 |
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CCF Advertiser
United States
1533 Posts |
http://coins.ha.com/itm/standing-li...nks-12202013Anyone have any idea what is happening here? I had planned to go to $820 with bp, figured I'm above MS-60 bid and ought to have a decent shot at winning it. Then I wake up and see this. I don't get it. Its not MS-64 and its not a FH. What's going on?
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Pillar of the Community
United States
4469 Posts |
The coin has a solid strike and better details in the head than most coins that are not FH. The coin is a nice example, my guess is that they are bidding on the coin like it could grade MS62 or FH.
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Pillar of the Community
 United States
4593 Posts |
Somebody thinks it will (re)grade to MS63 ish?
AU58 coins should be far, far nicer than MS60/MS61, but I'd be surprised to see THAT jump...
-----Burton 50+ year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club Owned by three cats and a wife of 40+ years (joined 1983) Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/ |
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CCF Advertiser
 United States
1533 Posts |
MS-62 would not get them there. MS-63 bid is $1,400. Most AU-58's sell just shy of MS-60 bid. A nice FH AU-58 will sell for MS-63 money. This coin is selling like it is an MS-64 already.
Edited by Andrew99
07/07/2016 09:59 am
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Pillar of the Community
United States
6390 Posts |
The seller must be pretty happy; someone is apparently willing to spend at least double the coin's fair market value.  |
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Pillar of the Community
United States
7375 Posts |
Yeah, I know how you feel, but at least you know what coin not to buy.
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Pillar of the Community
United States
5828 Posts |
Buy the coin, not the slab. It has a nice, strong strike, tons of luster, nice toning, and not a lot of hits. Probably would CAC at this grade level.
That being said, $1,700 is a little excessive.
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Pillar of the Community
United States
4212 Posts |
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CCF Advertiser
United States
1533 Posts |
This is not an MS-64 raw. I can see the wear even in the photos. Its just a nice, non-FH, nicely toned AU-58. I could see it running up to $900 - $1000 in an extreme case of collector fever, but this is just insane.
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CCF Advertiser
United States
1533 Posts |
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Pillar of the Community
United States
7375 Posts |
.........and hopefully the buyer wasn't in NY CA TX or FL, or they'll be paying sales tax too  Edited by edweather
07/07/2016 4:43 pm
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Bedrock of the Community
United States
94367 Posts |
Heritage draws everyone, from the pros to the amateurs.
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Pillar of the Community
United States
4337 Posts |
 uneducated bidder, must be. or shill scheme gone wrong. |
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Bedrock of the Community
United States
94367 Posts |
As I recall, there was a recent thread here about a first-time Heritage buyer who did not realize that the commission, sales tax and shipping were extra! Felt sorry for him/her for sure.
But even that kind of oversight doesn't explain this, which is just a complete head-scratcher.
Speaking generally, I have always done well selling better material through Heritage.
Edited by Coinfrog
07/07/2016 6:14 pm
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Valued Member
United States
430 Posts |
Auctions are a crazy thing. It is very easy to lose sight of your objective. Whether it's a coin or Elvis memorabilia  It becomes a competition with "the other guy". Robert Shipee's book describes it simply, "I just left my arm up too long". |
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Pillar of the Community
United States
1450 Posts |
That seems to be a really wild price for a 1919-D LSQ in AU-58. Maybe the recent rise in silver and gold has given the coin market a shot of Meth?
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Replies: 17 / Views: 2,315 |
Posted 07/07/2016 09:50 am
