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Do My ebay Bids Need To Be A Bit More Aggressive?

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coinguybrian's Avatar
United States
5375 Posts
 Posted 11/16/2008  9:56 pm Show Profile   Bookmark this topic Add coinguybrian to your friends list Get a Link to this Message Number of Subscribers
I originally was going to bid $1200 on this but dropped down to $1000 because I saw that the seller didn't accept returns on certified coins. $1200 seemed like a really good deal given what I saw on heritage. The scratches aren't that bad. The coin seems low end for VF but would either make F-15 or VF-20. Anyway, I lost, and wonder if I would have won.....

So am I underbidding or is there something I'm missing here?

http://cgi.ebay.com/ws/eBayISAPI.dl...WA:IT&ih=001
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BH1964's Avatar
United States
10982 Posts
 Posted 11/16/2008  10:05 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
Be happy you lost this one. That scratch knocks the net grade down to VG money. I think $1,000 is too much for this coin.

Mintage for 1824-25 show 168,000 so unless you really wanted a '24 over '22 - $500 would be the tops I would go.
ANA #R3154474
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coinguybrian's Avatar
United States
5375 Posts
 Posted 11/16/2008  10:13 pm  Show Profile   Bookmark this reply Add coinguybrian to your friends list Get a Link to this Reply
On heritage, I saw a coin with bad cleaning and some scratches go for 1150. I also saw a few problem coins that looked pretty bad, and a few "non problem" coins that looked cleaned go for more. Why would it knock it down all the way to VG?

And it looks like VG coins are going for close to 1000 anyway.
Edited by coinguybrian
11/16/2008 10:27 pm
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BH1964's Avatar
United States
10982 Posts
 Posted 11/17/2008  12:27 am  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
Check this price link:
http://www.pcgs.com/prices/PriceGui...#043;Quarter

These are retail prices for problem free, PCGS slabbed coins. Since I don't collect this series that's what I'll use for reference. I checked Coin Values earlier and they're a lot lower.

VG10 = $1,000 in PCGS' guide so the price was about right but a ICG VF20 details is not a high grade coin. You should be able to do better, but like I said, I don't know the availability of this series/date.

A Capped Bust quarter in Type 1 lists for $340 in VF20 and for me that seems cheap. It's a nice series and a love all Capped Bust series' but I'd save my $$ for problem free coins.

Good Luck!
ANA #R3154474
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coinguybrian's Avatar
United States
5375 Posts
 Posted 11/17/2008  01:39 am  Show Profile   Bookmark this reply Add coinguybrian to your friends list Get a Link to this Reply
Yeah I totally agree with you, it might not be a nice idea for a type set. I wasn't planning to use it for my type set (at least not now) since it doesn't even have a slot for the large size quarters. It's a rare coin though judging by how much I've seen it, and I try not to use the PCGS price guide any more. It's usually low on rarities and high on common dates. Even numismedia which is generally more accurate seems too low given what I've seen.

But you raise a good point. I should probably focus more on completing my type set. I just can't pass up a bargain because in the long run, that does help get me more money for my set.
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coinguybrian's Avatar
United States
5375 Posts
 Posted 11/19/2008  7:29 pm  Show Profile   Bookmark this reply Add coinguybrian to your friends list Get a Link to this Reply
Anyone else?
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Sir Ferrari's Avatar
United States
671 Posts
 Posted 11/19/2008  7:32 pm  Show Profile   Bookmark this reply Add Sir Ferrari to your friends list Get a Link to this Reply

Quote:
I'd save my $$ for problem free coins.


, problem coins, no matter how rare they are, just seem to stand out too much in a collection for my liking.
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TreasHunt's Avatar
United States
2540 Posts
 Posted 11/20/2008  07:47 am  Show Profile   Bookmark this reply Add TreasHunt to your friends list Get a Link to this Reply
Vg money is CW trends of $1500.00 so it may have been okay.

But, I'd rather have a problem free piece.
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coinguybrian's Avatar
United States
5375 Posts
 Posted 11/21/2008  01:52 am  Show Profile   Bookmark this reply Add coinguybrian to your friends list Get a Link to this Reply
Me too, they're just so friggin' expensive in any decent condition (F-12 or better)
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biggfredd's Avatar
United States
9104 Posts
 Posted 02/06/2009  5:29 pm  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply
Don't buy problem coins. They used to body bag them.
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United States
10284 Posts
 Posted 02/06/2009  5:45 pm  Show Profile   Bookmark this reply Add TNG to your friends list Get a Link to this Reply
Feedback file comments speak volumes about this one. I personally would not buy there.
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United States
1231 Posts
 Posted 02/06/2009  7:57 pm  Show Profile   Bookmark this reply Add onejinx to your friends list Get a Link to this Reply
I have to agree with wheezy, Just looking at the sellers feedback would keep me from bidding on anything they have for sale.
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coinguybrian's Avatar
United States
5375 Posts
 Posted 02/06/2009  8:46 pm  Show Profile   Bookmark this reply Add coinguybrian to your friends list Get a Link to this Reply
I still would have taken it at that price, but good point on the feedback. Should have looked at toolhaus.
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KenKat's Avatar
United States
4085 Posts
 Posted 02/07/2009  2:27 pm  Show Profile   Bookmark this reply Add KenKat to your friends list Get a Link to this Reply
Do you specifically need an 1824, or are you just going for a large dia. bust quarter?

The 1824 is lower mintage and therefor relatively pricey. You might get a nicer coin in a better grade and different date for less money if the date is not an issue.

I bought an 1825/over 4 a couple of years ago in a Strong Fine for much less than this coin. I think it was good to pass - the scratch - I just try to avoid those types of coins. The scratch just draws your eye no matter how nice the rest of the coin.

Ken
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coinguybrian's Avatar
United States
5375 Posts
 Posted 02/07/2009  3:17 pm  Show Profile   Bookmark this reply Add coinguybrian to your friends list Get a Link to this Reply
I just wanted it for the rarity, really. Sometimes I get in that mood : /

I think the price has went up a bit lately, you might have been lucky to get it so cheap, but now that I've had a bit more experience buying, there are definitely better deals out there.
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KenKat's Avatar
United States
4085 Posts
 Posted 02/07/2009  3:26 pm  Show Profile   Bookmark this reply Add KenKat to your friends list Get a Link to this Reply
Yes, I was really pleased to get the 1825 quarter - I watched a lot go by before I got it and I do think they have increased in value since I got it based on Numismedia prices.
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