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 Replies: 13 / Views: 1,793 |
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Pillar of the Community
United States
1374 Posts |
I've been looking at completing my small size $2 LTN collection and have been watching ebay for auctions of these notes. There is a 28G graded PMG66 that is closing this coming Sunday that was bid earlier today at less than $40, but zoomed up to about $190 early this evening. At the same time, there is a buy it now 28G available for $139. Both of these notes are EA blocks and both are graded PMG 66 EPQ. Neither look to me like any kind of fancy or low serial number. So, am I missing something about the note up for auction? or is this just another case of uneducated ebay bidding? What do you think? |
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Pillar of the Community
United States
742 Posts |
The top two bidders have a combined feedback score of 31. Maybe that has something to do with it.
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Pillar of the Community
United States
4637 Posts |
Have to agree with lettow on this one....just inexperience . Call it collectors tuition.
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Pillar of the Community
 United States
1374 Posts |
Thanks for the confirmation  Just wanted to be sure I wasn't missing something about that note. |
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Pillar of the Community
United States
655 Posts |
So, what do you think it's worth, BadDog?
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Pillar of the Community
United States
1374 Posts |
To me, at auction, no more than $125  and I'd like it better at $105  There are currently 5 of these notes on ebay for a BIN price of $139 and 1 for a BIN of $138. HA sold one last week for $192, but that one was PMG66EPQ with the additional qualifier of Great Embossing. I guess someone was willing to pay for that additional qualifier. The previous four 1928G $2 LTN PMG66EPQ notes that HA sold (Nov 17, May 17 & 2 in Feb 17) went for $104, $104, $109 and $109. Trusted Traditions, the seller on ebay, has to be really pleased that the current bid is at $189.59 (w/ S&H) with 5 days to go in the auction  Edited by BadDog
02/13/2018 10:57 am
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Bedrock of the Community
United States
94367 Posts |
This sort of thing happens constantly.
Edited by Coinfrog
02/13/2018 10:59 am
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Pillar of the Community
United States
1374 Posts |
Quote:
This sort of thing happens constantly. I know  , but darn it, I wish it would only happen on things that I wasn't interested in  Edited by BadDog
02/13/2018 11:19 am
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Pillar of the Community
United States
655 Posts |
That's a fair analysis, BD, but when it comes to ebay, sometimes all logic is out. If any of the BIN's have a Best Offer, that's always a possibility. But even that may not work. Yesterday, I offered a seller $85 on BO for an item he had at $90 BIN. Slam-dunk, no? No. He countered with an $88 offer. Had me laughing so much I forgot to buy. BTW, if you didn't know, there's a big currency auction on HA around May 1st. You should find top graded everything there (maybe top prices, too). |
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Pillar of the Community
United States
1374 Posts |
Quote:
He countered with an $88 offer. Had me laughing so much I forgot to buy.  Ron, Got to agree with you on that one. Either I don't understand BO pricing (doubtful ) or there are some ebay sellers out there that don't understand BO pricing (more likely ) To me, if you're not willing to accept at least 5% less than your BIN price, then why even bother with BO.  To each their own I guess  |
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Pillar of the Community
United States
8715 Posts |
I once gave a seller an offer of $50 on an item that was $59 and they countered with an offer of $58.75.
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Bedrock of the Community
United States
94367 Posts |
No one said you'd be dealing with pros! I've actually done well on ebay over the years. Best thing is to find someone who's trying to build a business by selling his collection, or even better, someone who just plain needs the money. |
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Pillar of the Community
United States
655 Posts |
Quote:No one said you'd be dealing with pros! I've actually done well on ebay over the years. Best thing is to find someone who's trying to build a business by selling his collection, or even better, someone who just plain needs the money. Yes, that would be good, if we can trust someone if they say that. I like dealing with other collectors, for the most part. They know what's fair and what isn't. Worst is when it's someone liquidating for someone else and doesn't even bother to look the stuff up, just posts crazy high prices. |
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Pillar of the Community
United States
655 Posts |
Quote:
I once gave a seller an offer of $50 on an item that was $59 and they countered with an offer of $58.75. Silliest thing ever. |
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Replies: 13 / Views: 1,793 |
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Posted 02/13/2018 05:06 am
