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 Replies: 13 / Views: 2,839 |
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Bedrock of the Community
United States
10982 Posts |
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Pillar of the Community
 United States
2843 Posts |
Jefferson has gotten mare laid back in 20 months.......
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Pillar of the Community
United States
1695 Posts |
Could the presence of toning be relevant? I take it that toned coins produce the greatest volatility, but I am no expert.
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Pillar of the Community
United States
2023 Posts |
What was the earlier price? (It's not shown to us non-members.)
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Pillar of the Community
Canada
3049 Posts |
Alpha: previously sold for $258.50 then 20 months later same coin for $84
Lots of variables from how many bidder (6 vs. 3) the amount of exposure (242 views vs. 112)
The timing of the auction (what other auctions were taking place before or after each) as well as the items that were in each auction...
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Rest in Peace
United States
17900 Posts |
It makes quite a difference on the under $100 class coin if it is in the Sunday or the Tuesday closing. Tuesday closings are always lesser value coins (usually) than Sunday since Sunday tends to have the bigger value coins. Buyers on Sunday also seem to be a bit freer with their bidding. Perhaps most folks have time on Sunday that they don't have on Tuesday night closings. The "common" War Nickels (1943 D, 1944 D, and 1945 D) all seem to have dropped in price rather precipitously in the last year. I've bought a few MS 67 for as little as $35. Plus, the very old NGC holder seems to have a negative attraction to many bidders. While the old green labels from PCGS will usually bring a slight premium, regardless of if the coin itself deserves that higher price, the old NGC holder are not very popular. The same exact coin in that old holder and the newest version (especially since grades have tightened up with the newest batch of NGC) might sell for as much as 50% off. Everyone says "buy the coin, not the holder", but in real life an ugly holder (as is the old NGC) does influence bidding. |
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Pillar of the Community
United States
5682 Posts |
Agree that heavily toned coins can sometimes be more variable, depending on the bidders. Also, maybe the rotation in the holder made the coin look less appealing. With that small number of bidders, it's hard to know the reason. Regardless, you got a great deal!
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Pillar of the Community
United States
2023 Posts |
If the holder (and the rotation) is the problem, it seems like someone could buy it cheap and reholder it for a possible slight profit (or at least have a better looking package).
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Pillar of the Community
United States
7375 Posts |
You did great, definitely some meat left on the bone.
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Pillar of the Community
United States
4212 Posts |
Edited by fioti
09/28/2016 1:48 pm
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Bedrock of the Community
 United States
10982 Posts |
Thanks for all the comments. I threw in a low bid and didn't expect to win since this date/grade have been above $150 every public auction in recent years. I was shocked to win it for $84 ($92 w/S&H).
moxking I do have a question about your comment, "...but in real life an ugly holder (as is the old NGC) does influence bidding".
Are you saying the old NGC fatty holders themselves are ugly? If so why? Or is it that Jeff nickels in old fatties are graded differently (making them less attractive buys)?
Edited by BH1964
09/28/2016 4:03 pm
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Pillar of the Community
United States
1027 Posts |
I found, when I was actively bidding and buying Morgan dollars from heritage, that fairly often the auction right after one where bidding was fast and furious would have far fewer bidders and mostly lower end prices for absolutely equivalent coins. In your particular case it is also possible that the previous owner just plain overpaid. Your coin is not well struck (compare it to other NGC MS67 coins) and that may have affected bidding but I still think you got a very good deal. |
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Pillar of the Community
United States
6370 Posts |
The market for modern US coins is dying unless it is top pop. |
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Pillar of the Community
United States
6370 Posts |
Notice the population difference between the two auctions.
The first one was 43/0
Sencond one was 350/2
That's why the value decreased, and why moderns are such a poor investment.
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Replies: 13 / Views: 2,839 |
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Posted 09/28/2016 10:59 am
