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Replies: 12 / Views: 2,908 |
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Press Manager
 United States
1420 Posts |
CoinWorld - An anonymous purchaser bid nearly $1,000 above the published value for a Mint State 69 1987 American Eagle silver bullion coin encased in an early version of the Professional Coin Grading Service's plastic holders.  The collector was one of 11 unique bidders who placed a combined total of 52 bids in the GreatCollections online auction that closed March 26. The winning bid was $1,050, and with the 10 percent buyer's fee added, the total price realized is $1,155. Read the Entire Article
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Pillar of the Community
United States
1189 Posts |
Wow.. talk about someone with too much money to spend!
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Rest in Peace
United States
18456 Posts |
No wonder why counterfeiting slabs is getting so popular . 
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Pillar of the Community
United States
865 Posts |
TPGs are killing this hobby. This is why people with no knowledge think their coins are worth so much money.
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Pillar of the Community
United States
1255 Posts |
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Pillar of the Community
United States
1657 Posts |
Slabbing novelty bullion = tag protectors on a Beanie Baby.
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Bedrock of the Community
United States
94367 Posts |
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Pillar of the Community
United States
3479 Posts |
I would happily put that wasted 1k to better use.
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Valued Member
299 Posts |
That and any coin in an early black NGC holder. Equally bizarre the current fad for first strike etc.
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Bedrock of the Community
United States
94367 Posts |
Fools and their money are soon parted.
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Moderator
 United States
188640 Posts |
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Bedrock of the Community
 United States
12839 Posts |
Quote: Slabbing novelty bullion = tag protectors on a Beanie Baby. Point taken, but a tag protector was typically only used to prevent damage, not judge quality/condition. Nit picking, I know.
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Pillar of the Community
United States
2125 Posts |
I think it's just a passing fad and coins such as these will return to more reasonable values.
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Replies: 12 / Views: 2,908 |
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