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Why Is This Coin At A Heritage Auction?

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Andrew99's Avatar
United States
1533 Posts
 Posted 07/13/2017  9:01 pm Show Profile   Bookmark this topic Add Andrew99 to your friends list Get a Link to this Message Number of Subscribers
Its not a date, its just a $12 coin...?

https://coins.ha.com/itm/barber-dim...ption-071515

Maybe it came in as part of a collection?

https://coins.ha.com/itm/barber-dim...ption-071515
Edited by Andrew99
07/13/2017 9:04 pm
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Mark1959's Avatar
7234 Posts
 Posted 07/13/2017  9:07 pm  Show Profile   Bookmark this reply Add Mark1959 to your friends list Get a Link to this Reply
Probably came included in a bigger lot of more valuable coins that someone cosigned for auction.
Edited by Mark1959
07/13/2017 9:09 pm
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MikeF's Avatar
United States
3479 Posts
 Posted 07/13/2017  9:14 pm  Show Profile   Bookmark this reply Add MikeF to your friends list Get a Link to this Reply
I think the bigger question is why the heck would someone send in a $12 coin to CAC for a green bean.
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macmercury's Avatar
United States
5825 Posts
 Posted 07/13/2017  9:27 pm  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
Perhaps some collector like to have a complete G4 set in CAC sticker
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basebal21's Avatar
13014 Posts
 Posted 07/13/2017  10:24 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
I think the bigger question is why the heck would someone send in a $12 coin to CAC for a green bean.


If it came as part of a large lot the whole lot was likely sent. It's easier for heritage to just send everything then separate out the lot and track separately. It was be negotiated too that the whole consignment would be sent to CAC
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man2004's Avatar
United States
338 Posts
 Posted 07/14/2017  12:28 am  Show Profile   Bookmark this reply Add man2004 to your friends list Get a Link to this Reply
I just noticed that the buyer's premiums are higher than the list values of the coins. Along the same line, the costs to certify/grade and confirm/sticker the dimes are also high than the coins' values
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Slider23's Avatar
United States
4469 Posts
 Posted 07/14/2017  09:06 am  Show Profile   Bookmark this reply Add Slider23 to your friends list Get a Link to this Reply
More likly that heritage purchased the coin in a lot under 5K. Heritage would not have any selling fees.
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Tbone's Avatar
United States
1839 Posts
 Posted 07/14/2017  1:57 pm  Show Profile   Bookmark this reply Add Tbone to your friends list Get a Link to this Reply
Low Ball registry sets are quite popular. Someone putting one together will likely overpay for it.
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Andrew99's Avatar
United States
1533 Posts
 Posted 07/14/2017  3:58 pm  Show Profile   Bookmark this reply Add Andrew99 to your friends list Get a Link to this Reply
G-4 CAC is not low enough for lowballers. Its in the non-collectable range. I'm amazed that HA would put this sort of binder trash in one of their auctions.
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Coinfrog's Avatar
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94367 Posts
 Posted 07/14/2017  4:43 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Agree on all counts!
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kidrootbeer's Avatar
United States
34 Posts
 Posted 07/18/2017  11:40 pm  Show Profile   Bookmark this reply Add kidrootbeer to your friends list Get a Link to this Reply
this is the Scratch & Dent auction...
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BStrauss3's Avatar
United States
4589 Posts
 Posted 07/19/2017  1:18 pm  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
Their Internet Only auctions move a lot of low value stuff.

Sold for $35 including premium. Rest of the auction ran from that to a $3 Gold for 3290.
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Parklane64's Avatar
United States
2668 Posts
 Posted 07/19/2017  3:11 pm  Show Profile   Bookmark this reply Add Parklane64 to your friends list Get a Link to this Reply

Quote:
...binder trash in one of their auctions.


Don't you disparage my coins and their relatives in the binder trash trailer park!
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