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1897 O Barber Half - Is It A Bad Buy?

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CoinMeister's Avatar
United States
70 Posts
 Posted 01/26/2011  6:28 pm Show Profile   Bookmark this topic Add CoinMeister to your friends list Get a Link to this Message Number of Subscribers
The reverse on this coin is pretty bad, but the coin would fill a space. 6 people have placed bids and it has only been bid up to $8.51.

Numismedia says a "G" would go for $144. The reverse on this is at best fair or AG.

I don't want to overpay on a needed coin that might be a bad buy based on 6 people bidding so low. Admittedly, the high bidder may have bid higher than the $8.51, but at least 5 bidders have bid lower than $8.51.

What say CCF members?

http://cgi.ebay.com/1897-O-BARBER-H...em2a0d73e3f6
Edited by CoinMeister
01/26/2011 8:39 pm
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BH1964's Avatar
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10982 Posts
 Posted 01/26/2011  11:38 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
I'd go for it, especially if it stays cheap since it's a $50 coin in FR02. It compares favorably with this PCGS FR2 that went for $60 on Teletrade:
http://www.teletrade.com/coins/lot....855&lot=1538
ANA #R3154474
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coinguybrian's Avatar
United States
5375 Posts
 Posted 01/27/2011  02:04 am  Show Profile   Bookmark this reply Add coinguybrian to your friends list Get a Link to this Reply
It's AG-3 IMO and it should be worth $50-65
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CoinMeister's Avatar
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70 Posts
 Posted 01/28/2011  12:37 pm  Show Profile   Bookmark this reply Add CoinMeister to your friends list Get a Link to this Reply
My main concern is getting an 1897 O without having to pay "G" money. I am thinking someone will snipe, which I have never been able to do successfully, but if I bid high, the snipers will just push the price up. And I am still concerned that all the low bids could mean that people don't think this is a great buy.
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SsuperDdave's Avatar
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23522 Posts
 Posted 01/28/2011  12:48 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
Not a bad buy right now....

Don't forget, this seller is an established dealer with their primary business off ebay. They'll have a bunch of people watching this auction, ready to snipe.

As a buyer, sometimes I wish I could see how many Watchers a given auction has.
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cwb1877's Avatar
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1659 Posts
 Posted 01/28/2011  1:05 pm  Show Profile   Bookmark this reply Add cwb1877 to your friends list Get a Link to this Reply
It's a great buy right now, but with 10 hours to go, it will surely go higher. I always recommend bidding the maximum you are willing to pay as late in the auction as you can.

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CoinMeister's Avatar
United States
70 Posts
 Posted 01/28/2011  10:55 pm  Show Profile   Bookmark this reply Add CoinMeister to your friends list Get a Link to this Reply

Quote:
It's a great buy right now, but with 10 hours to go, it will surely go higher.


It's only at $15.49 and there have been 7 bidders with 20 minutes left. I am not sure that would make it a good buy.
Edited by CoinMeister
01/28/2011 10:57 pm
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BH1964's Avatar
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10982 Posts
 Posted 01/28/2011  11:47 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
Closed at $30.32 with free shipping. Somebody got a pretty good deal.
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coinguybrian's Avatar
United States
5375 Posts
 Posted 01/29/2011  2:19 pm  Show Profile   Bookmark this reply Add coinguybrian to your friends list Get a Link to this Reply
Sniping is cool, you just have to snipe 20+ auctions to even get 3-4 if you tend to buy at lower prices. Better to buy in bulk even if its more up front.
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