Recent Auction Blunder - Coin Community Forum

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Author	Replies: 7 / Views: 1,303
TheBurnz Pillar of the Community Canada 586 Posts	Posted 08/10/2017 1:39 pm I'm riffling through this online garage sale auction, when I come across this coin marked 1888 50, with the old Queen Victoria coin it. The coin is in ruff shape so I take to me trusted coin booklet to evaluate what the value is. I read $120, in circulated condition, which is what I figured it was. So I put a online bid of $100 and wish for the best. I won the lot for $60 plus %15 commission. The dealer is local so no shipping charges. I then do some further research and notice their is no Canada written on it. Immediately I say to myself, what have I done. I think its Malaysian, but habve no idea if its worth what I payed. Any help is appreciated. Thank you * Moved by Staff to a more appropriate forum. * Report this Post to the Staff

spru Bedrock of the Community United States 12477 Posts	Posted 08/10/2017 1:44 pm https://www.NGCcoin.com/price-guide...duid-1569350 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 Report this Post to the Staff
Crazyb0 Rest in Peace 10197 Posts	Posted 08/10/2017 2:03 pm Its a Straits settlement coin, worth $150 in marketplace. Report this Post to the Staff
Mister Kairu Pillar of the Community United States 1911 Posts	Posted 08/10/2017 2:03 pm From the looks of it not too bad a grab! Couldn't find any sold on ebay and one AU on Heritage that sold for $430, but according to NGC and what people are ASKING online, seems like a nice price! Nice find! Report this Post to the Staff
jbuck Moderator United States 189502 Posts	Posted 08/10/2017 2:52 pm Looks like your blunder was no blunder. Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
TheBurnz Pillar of the Community Canada 586 Posts	Posted 08/10/2017 3:21 pm WOW, This community rocks. Is saw the ebay listings but never saw an actual sale. You guys are great and thank you for the input. If anyone else has more information on the item I'd love the hear it. I like finding out about the history of the coins almost as much as buying them. Thanks again Report this Post to the Staff
nutmeg Valued Member United States 338 Posts	Posted 08/10/2017 4:22 pm You got lucky. Report this Post to the Staff
coin197 Pillar of the Community United States 1963 Posts	Posted 08/10/2017 11:09 pm Lucky that your 'mistake' wasn't a mistake. You will learn, be careful, and examine the coin thoroughly BEFORE you bid. I once bid on a CC Morgan with a huge gash in it because I didn't look closely. Good thing someone paid even less attention than I did and bid more. Report this Post to the Staff
	Replies: 7 / Views: 1,303

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