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 Replies: 16 / Views: 3,388 |
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Pillar of the Community
United States
1187 Posts |
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Pillar of the Community
United States
1326 Posts |
It looks like two people paid $175 each to dealer in forth listing. But if you look at it more closely it's actually one person who bought both rolls! The other offers look like there were no takers. You have to wonder what someone plans to do with 100 circulated 1950-S dimes!
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Moderator
 United States
34397 Posts |
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You have to wonder what someone plans to do with 100 circulated 1950-S dimes! Maybe just keep bidding on their own auctions until someone else jumps in and they can unload them?  "If you climb a good tree, you get a push."
-----Ghanaian proverb
"The danger we all now face is distinguishing between what is authentic and what is performed."
-----King Adz
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Valued Member
Canada
458 Posts |
don't do bidding don't like it
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Bedrock of the Community
United States
12057 Posts |
Someone probably thought they were BU rolls.
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
2910 Posts |
As defined, a "key" date is a low mintage coin of any series. Typically that would be the five lowest mintage coins (or so) of a series... The 1949-S is definitely a key date in any grade as it is the 2nd lowest mintage coin of the series and people do pay a premium for them. I've sold quite a few lower grade ones for double spot. The 1950-S as well, as it has the 5th lowest mintage in the series. While the 1951-S may not be a "key date," it is one of the 10 coins in the series which do command a premium in lower grades today. Those 10 coins are: 1949-S 1950-S 1955 1955-D 1955-S 1951-S 1949 1949-D 1950 1952-S Some of the other pre-1950 mintmarked coins, along with the 1954-S and 1958 Philly often command premiums in circulated grades as well. One thing I've noticed lately is people are starting to sell more sets of coins on ebay, so the demand for the harder to find stuff is definitely out there... I recently threw up some of my circulated 1982 and 1983 dated nickels just to see if I could sell any of them, and sure enough a set builder bought ALL OF THEM! Made me happy! IF you can find them in your dealer's "junk" bins, my advice is to scoop them up and either hold them, or sell them for a profit. CRH Nickeloholic. 1,600,000 nickels searched in eight years! Have found FOUR complete Jefferson sets!
Edited by John77
12/09/2016 07:19 am
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Pillar of the Community
United States
2910 Posts |
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You have to wonder what someone plans to do with 100 circulated 1950-S dimes! My guess is that they may be someone who is selling sets of Roosevelt dimes. The lower mintage ones are the ones you run out of stock of first... CRH Nickeloholic. 1,600,000 nickels searched in eight years! Have found FOUR complete Jefferson sets!
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Pillar of the Community
United States
1326 Posts |
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Maybe just keep bidding on their own auctions I think the two rolls were BIN, though |
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Rest in Peace
United States
17900 Posts |
Sometimes there is no rhyme nor reason to what buyers or sellers may do. We would like to think that everyone approaches the hobby with some forethought or goals, or at the very least does a bit of research on what they are buying or selling.
If you see the accumulation of coins many people call their collection it is a little easier to understand that common sense is not everyone's forte.
I recently purchased a collection that included nearly 400 Roosevelt 1960 dimes of every grade. Why? The guy was sure they were an undervalued coin, even though the mintage was huge.
Not everyone knows about great forums like this where everyone can learn something new every day.
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Valued Member
United States
408 Posts |
Some people are willing to pay more for an item then someone else. That is the market. I don't believe it makes anyone crazier than anyone else.
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Bedrock of the Community
 United States
12477 Posts |
 You never know what the right person will pay for something, which is why I sell on ebay. I don't sell coins (yet) but a lot of people don't do any research on what you're selling to find out they're probably paying too much. Maybe they were bought as gifts by someone who doesn't know? On another note, SOLD listings can be deceiving, especially if they use the same pictures. I was watching a signed vinyl single for a while (the only one on ebay) and it apparently sold at least four times, even though they only had one and it was the same images. I asked them about it, and they said the buyer backed out for financial reasons. One time, okay, but this is obviously not kosher after 4 times.  If you do sell on ebay, or anywhere else for that matter, try your best to use actual images for each listing, even if they're the same thing. Give it a lot # if that helps keep it straight. In Memory of Crazyb0 12-26-1951 to 7-27-2020
In Memory of Tootallious 3-31-1964 to 4-15-2020
In Memory of T-BOP 10-12-1949 to 1-19-2024
Edited by spru
12/09/2016 12:35 am
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Pillar of the Community
Norway
1358 Posts |
Quote:Are people on ebay crazy? No, this is just the free market at work. If people are willing to pay crazy prices for 'inferior' quality products, well, then let them do so. It's their money, not mine. |
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Pillar of the Community
United States
2910 Posts |
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No, this is just the free market at work. If people are willing to pay crazy prices for 'inferior' quality products, well, then let them do so. It's their money, not mine. Quote:
Some people are willing to pay more for an item then someone else. That is the market. I don't believe it makes anyone crazier than anyone else. True. Supply and demand at work. For example, I've had sets of average circulated War Nickels at auction go from anywhere from $11.98 all the way up to $24 when buyers have gotten into bidding wars! CRH Nickeloholic. 1,600,000 nickels searched in eight years! Have found FOUR complete Jefferson sets!
Edited by John77
12/09/2016 07:59 am
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Pillar of the Community
 United States
1187 Posts |
Thanks for the insight. John77 I know I've seen these dates in a junk bin but it would only be 1-2 coins not a full roll. Unfortunately I don't have a store near me otherwise I would love to scoop them up as Roosevelts are my favorite coins to collect. I just started collecting a few years ago so I missed the boat on many halves and silver dollars as they are out of my price range typically but Roosevelts are very affordable. I didn't realize there was such a premium on so many circulated pre55's (as well as the 58). I still think this is a sleeper series that may wake up someday and people will realize there aren't as many quality specimens are they think. I had to search forever to find a nice spot free 49-S FB and it's still only a MS64 FB!
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Bedrock of the Community
United States
20753 Posts |
I seldom even look at ebay. However, I've been thinking of selling a few rolls of 1913 Liberty Head Nickels there.  |
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Rest in Peace
United States
2668 Posts |
Are they in the original wrappers and unsearched?  |
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Replies: 16 / Views: 3,388 |
Posted 12/08/2016 9:55 pm
