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Edited Title: Stupid Question Answered Re '09 S

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 Posted 08/28/2016  01:42 am Show Profile   Bookmark this topic Add Centsei to your friends list Get a Link to this Message Number of Subscribers
http://www.ebay.com/itm/1909-S-Linc...AOSwaB5XwaAZ

Let me emphasize that I am not casting aspersions on the seller, but this is a big price tag for me and I'm trying to figure what I might be missing in terms of the coin itself. Interestingly, the price is almost exactly what the PCGS price guide says for a 65RD, but I notice that most others are priced two or even three times that price. The vendor has 100% positive feedback and a long tenure, but not too many sales of coins at this level. Is that a red flag? I'm not sure what else to ask, but this is *much* more than I've ever paid for a coin, so if there are questions I should be asking, I would be very appreciative if the wise folks here could advise me.
Edit: to give a partial answer to my own question, rightly or wrongly, I'm not a big fan of "no returns."
Edited by Centsei
08/28/2016 02:20 am
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cwb's Avatar
United States
3463 Posts
 Posted 08/28/2016  01:52 am  Show Profile   Bookmark this reply Add cwb to your friends list Get a Link to this Reply
This is NOT a VDB. It is just a 1909-S.
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 Posted 08/28/2016  02:18 am  Show Profile   Bookmark this reply Add Centsei to your friends list Get a Link to this Reply
Haha, well there is a straightforward answer; thank you. Sometimes I guess you stare at pictures of coins too late into the night.
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Biedercoins's Avatar
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1601 Posts
 Posted 08/28/2016  06:10 am  Show Profile   Bookmark this reply Add Biedercoins to your friends list Get a Link to this Reply
Even a non-VDB 09s is a semi-key and carries a big price tag. If memory serves, these things are marked as $100 for Good in the latest Red Book. This one is a particularly good strike in a high mint state, so, priced accordingly. Nice coin.
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T-BOP's Avatar
United States
18456 Posts
 Posted 08/28/2016  07:54 am  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
Seller accepts offers , If this is the coin you want ?
Shipping too high IMO .
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United States
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 Posted 08/28/2016  09:53 am  Show Profile   Bookmark this reply Add Paola1 to your friends list Get a Link to this Reply
hey there is no stupid question here , we all learn with its answers !
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cwb's Avatar
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3463 Posts
 Posted 08/28/2016  10:01 am  Show Profile   Bookmark this reply Add cwb to your friends list Get a Link to this Reply

Quote:
Sometimes I guess you stare at pictures of coins too late into the night.


Have you been watching me?
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jdmern's Avatar
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1949 Posts
 Posted 08/28/2016  10:38 am  Show Profile   Bookmark this reply Add jdmern to your friends list Get a Link to this Reply

Quote:
Shipping too high IMO


Shipping is $12.00 for Priority Flat Rate small box & insurance for a $1500 coin... Which is just about what it costs to ship via Priority Flat Rate Small Box with insurance...?
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CelticKnot's Avatar
United States
12819 Posts
 Posted 08/28/2016  11:29 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
That's only a $1,500 coin if someone pays the BIN price. It is pretty but it's not $1,500 pretty to me.
Edited by CelticKnot
08/28/2016 11:29 am
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shermae's Avatar
United States
259 Posts
 Posted 08/28/2016  11:49 am  Show Profile   Bookmark this reply Add shermae to your friends list Get a Link to this Reply
The seller is throwing stuff on the wall to see what happens. When I see stuff like this, I use my wife's and/or my son's ebay accounts to test low offers to see whether the seller has set an bottom threshold. Gives me 8 shots at seeing where the seller is willing to at least discuss an offer.

Perhaps you could get a dialogue started at around $1100?
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Coinfrog's Avatar
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94367 Posts
 Posted 08/28/2016  4:38 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Nice coin, but not $1,500 worth And really, the shipping isn't a big deal, even if it's a couple of bucks high.
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dd27's Avatar
United States
666 Posts
 Posted 08/28/2016  5:28 pm  Show Profile   Bookmark this reply Add dd27 to your friends list Get a Link to this Reply
Only two sold on ebay recently, although not exactly the same condition:

1909-S PCGS MS65 RB RED Brown CAC Lincoln Wheat cent | $687.99 | 48 bids

1909-S/S S/ Horizontal S PCGS MS66 RD RED Lincoln Wheat cent | $1,581.00 | 43 bids

A lot of auction sales elsewhere though, with CAC coins seeming to attract higher prices ($1200-$1700), and S/Horizontal S coins attracting lower bids (under $1000), with one exception, a PCGS/CAC graded S/Horizontal S that went for $1293.

https://www.NGCcoin.com/auction-cen...coinid-12432

[You will need to enter the Grade and Designation to see MS-65 RD sales only.]


Edited by dd27
08/28/2016 5:30 pm
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Coinfrog's Avatar
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94367 Posts
 Posted 08/28/2016  6:04 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
dd27 - Thanks for the info.
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