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 Replies: 11 / Views: 1,497 |
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Pillar of the Community
United States
4337 Posts |
This exact coin sold at HA 14 months ago for $118 including B.P. https://coins.ha.com/itm/seated-qua...Lot=1x=0&y=0I snagged it for $62 last night on the bay. I think the price I paid is more market appropriate but its an interesting study in "Right Place, Right Time" and of course how a coin, or any collectible for that matter, is only worth what someone is willing to pay.    |
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Pillar of the Community
United States
1656 Posts |
Great Southern lightened the photos so much they washed out the NCG logo on the label.
I'd venture the price change is in relation to excellent marketing by HA v. poor presentation by GS.
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Pillar of the Community
United States
968 Posts |
I'd never have bought it based on the GSC photos which are terrible. They are known for manipulating lighting and photos to hide problems, but I'm not used to seeing them make such harsh manipulations that the coin looks worse. Strange, but since you found the HA ones you should be in good shape. Was this an auction or a buy it now? If an auction then this great example of what poor photos can do for the sale price of an item. Anyway, congratulations on the good deal!
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Pillar of the Community
 United States
5668 Posts |
The pictures look dramatically better on the Heritage site. They really didn't help themselves by manipulating the photos.
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Valued Member
United States
384 Posts |
A very nice coin at a very nice price!
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Valued Member
United States
256 Posts |
Thats a decent loss for someone.....good for you!
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Pillar of the Community
 United States
4337 Posts |
Quote:
Was this an auction or a buy it now? Auction win I guess I can see the photos making a difference. I also don't believe the others bidding used the same resources I did, which were nothing profound, just a quick search of known sites for previous coin history. Obviously I got a hit which is why I watched it and made the final bid snag w/ 5 seconds remaining. Even Numismedia puts it at $90 FMV. |
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Pillar of the Community
United States
604 Posts |
Quote:
I'd venture the price change is in relation to excellent marketing by HA v. poor presentation by GS.  |
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Rest in Peace
United States
17900 Posts |
,,, and the number of buyers who love heritage and do not love GS.
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Bedrock of the Community
United States
94367 Posts |
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Bedrock of the Community
United States
12057 Posts |
Seeing GSC is the seller is an automatic no-bid for me, I don't care what the photos look like or how much of a bargain the coin seems to be.
The geniuses that work there probably saw the coin, saw it was probably dark; and decided it would never sell like that, so they needed to lighten it up about 50% to bring in the really big bucks...
Even if it were some random seller other than GSC, I'd stay away just based on the photos.
That means if you're willing to gamble with bad photos, you can pick up some super hot deals, something which has always been the case, but more so with GSC. This falls into the "super hot deal" category.
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 |
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Pillar of the Community
United States
7375 Posts |
GSC's raw coins are photo-enhanced to be deceptive, but they have no clue how to photograph a slabbed coin, so they scan them. How ironic. Yes there are some good deals to be had from them on slabs. One of my "lame claims to fame," I got a good deal on a slab from them too.
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Replies: 11 / Views: 1,497 |
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Posted 08/29/2016 12:28 pm
