| Author |
 Replies: 13 / Views: 3,332 |
|
|
New Member
Australia
13 Posts |
Am I missing something about this coin? http://www.ebay.com/itm/RARE-1797-C...em4cf9f7a317I found this finished ebay auction that seems to have gone sky high! Was the old bag the key to the auction? or was this the result of an all out bidding war? I see no other Proclamation Pennies getting anywhere near this amount of money. |
|
|
|
Pillar of the Community
Australia
1244 Posts |
The bank bag is worth $10.00 - $15.00
And the cartwheel penny is worth $40.00 - $200.00
$660.00 is quite extreme, this is a case of newbie's going bid crazy.
|
|
Pillar of the Community
Australia
7096 Posts |
From what I can see in the pics this would grade it aVF-VF $200 tops. I would love to have them bidders at my next Auction  |
|
Pillar of the Community
Australia
7096 Posts |
Sorry Horse  How rude of me Hope you enjoy this forum  |
|
Pillar of the Community
Australia
518 Posts |
I think the seller saying "CV $800" got what you would call "newbies" excited.
|
|
Bedrock of the Community
United States
10045 Posts |
I cannot tell if that's a Cartwheel 1d or 2d? They look very similar, with size/weight being the difference. In any case, there is nothing "rare" about that coin in that grade. AUD$ 660? I bought one with better rims in the US for $20.  Edited by DVCollector
09/26/2011 4:00 pm
|
|
Pillar of the Community
Netherlands
626 Posts |
also in the description / specification area it says silver! Item specifics - World Coins Era: 1700s Pattern: -- Material: Silver Proof: -- Origin: Australia Set: -- Mint Marked: -- Rare Part of Australian Convict History
1797 Cartwheel Penny Photos are of coin winning bidder will receive 100% Authentic This Coin is a True find and Extramly Rare and sort after by all colectors Current Value $800 |
|
Pillar of the Community
Australia
7096 Posts |
Well that explains the hefty finishing bid then. Must be the only "Genuine SILVER" Cartwheel ever minted |
|
Pillar of the Community
Australia
7096 Posts |
I hope that whoever bought this used paypal, That will allow them to get a refund as the item decription was misleading. Will be able to file a item not as described claim  |
|
Pillar of the Community
Netherlands
626 Posts |
that's exactly my point :)
|
|
Pillar of the Community
Australia
1295 Posts |
|
|
Pillar of the Community
Australia
7096 Posts |
Bidiots. I gotta remember that one  |
|
Bedrock of the Community
United States
10045 Posts |
well put! They spent $600 on a canvas bag. |
|
Pillar of the Community
Australia
2830 Posts |
DVC: I wondered whether it might be a tuppence. Penny is 36mm; 2d is 41mm, and the only scale is the bag, so I couldn't be satisfied one way or the other.
In my experience, the 1797 series are readily available, but you have to pay a big premium for better grades.
This one is better than the one I paid $50 for.
I agree with Trout: I can see $200, but no more than that, for this coin.
|
| |
Replies: 13 / Views: 3,332 |
|
Posted 09/26/2011 05:54 am
