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Insanely High Price Paid For An IHC

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DVCollector
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 Posted 03/07/2009  7:20 pm Show Profile   Bookmark this topic Add DVCollector to your friends list Get a Link to this Message Number of Subscribers
I just noticed this over at Heritage, and while the auction is long past--I'm still baffled as to why collectors would run this up to nearly $24,000.
After all, this is the Snow-2, and not the very rare, confirmed overdate Snow-1. Someone easily paid 10X the market value at the time.
So, perhaps the auction description offers some clues?
Do you suppose the buyers were confused--and why? It sure pays to read carefully.

Insanely-High-Price-Paid-For-An-IHC

Detail of the coin, in case there's any doubt:

Insanely-High-Price-Paid-For-An-IHC
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