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 Replies: 8 / Views: 867 |
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Pillar of the Community
Canada
6244 Posts |
I know I am on varieties and error forum, but those coins are direct or indirect involve.
Narrative: Yesterday night I was to an auction (4 times a year, Phil, NY, TX and CA) This was in CA and it is "Sized proprieties". Come from Vaults, sized proprieties or abandoned houses.
From where come we do not care, but the prices sold for the coins astonish me. Ok for Liberty Silver after 2004 at 100 or 110 if someone want fulfill the collection. The Morgan's I do not argue at 100 to 120.
But all circulated IKE no one MS at 100 to 110? This it is my question: why the IKE go so high? Only one from 40 IKE's was possibly Type 2.
Any thought on this? Edited by silviosi
08/05/2023 9:39 pm
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Pillar of the Community
 United States
5765 Posts |
My guess is that there were collectors, not dealers, at the auction. I attend unclaimed property auctions in Florida put on by the state. They are from bank safety deposit boxes that have been unpaid for two years. The Lincoln Cent lots that I bid on had reserve starting bids of $50-$80 per lot (+- 700 Wheats and +- 50 Indian cents). The reserves are calculated at 5c for each Wheat cent and $1 for an Indian cent. The lots were selling for $350- $400 per lot. That is 5 to 7 times the reserve amount. I think most lots went well over the reserve. Personally, I believe it is collectors like myself that attend a lot of these auctions, as opposed to dealers who have to resell at a profit. Words of encouragement are one of the major food groups.
We need to consume them regularly to thrive and grow.
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Pillar of the Community
 Canada
6244 Posts |
Thanks Petespockets55,
Make sense what you say. The auction I told is relative close. You has to be approve and many K's reserve for you. It is astonish for me this.
Same auction has many, many originals pictures, many Vuitton, Precious stone on very rare jewelry and not to say Rolex, and another rare watches. So the market sky rocket.
On this auction you can not so submissions because must come from agencies or Gov. If was OK to submit I will push all my IKE's (around 300)
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Moderator
United States
34393 Posts |
Quote:
I know I am on varieties and error forum, but those coins are direct or indirect involve. I hear you, but this thread belongs on the main us forum and so I'm going to move it there. "If you climb a good tree, you get a push."
-----Ghanaian proverb
"The danger we all now face is distinguishing between what is authentic and what is performed."
-----King Adz
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Moderator
United States
187446 Posts |
Quote:
But all circulated IKE no one MS at 100 to 110? This it is my question: why the IKE go so high? Only one from 40 IKE's was possibly Type 2. I am biased, but my answer is because, IKE!  |
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Pillar of the Community
United States
3207 Posts |
still trying to figure out what this thread's title means
maybe rearranging words to form newspaper headlines will help
Coins Prices Go, Some Reasons For How Is - the prices at Coins market go up and down, there is some reasons for that
Some Is How "Go For Coins" Reasons Prices - the book "Go For Coins" reasons prices by some method
How Some Reasons For Go Coins Is Prices - the famous Go player How Some reports that game has coins due to prices
For Some, Go Is Reasons How Prices Coins - the local coin shop named "How" uses Go to determine coin prices for some customers
Is Some How Prices Coins Reasons For Go - I have no idea
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Bedrock of the Community
United States
24878 Posts |
Nick, have you considered that English is not Silvio's first language? He does much a much better job with his posts than I would were I posting on a non-English site.
Inordinately fascinated by bits of metal with strange markings and figures
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Pillar of the Community
United States
3207 Posts |
sure, but he's posted in these forums that language is not an issue for him
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Pillar of the Community
United States
5765 Posts |
I know when I reply to a post in a foreign language I use a translation app or program.
I have no idea how clearly my reply is translated.
It is entirely possible the app is inadvertently creating confusing replies.
Words of encouragement are one of the major food groups.
We need to consume them regularly to thrive and grow.
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Replies: 8 / Views: 867 |
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Posted 08/05/2023 10:46 pm
