What the? Out snipped at 0.5 seconds.

Sorry Jinx,

Doug is correct, those auctions are not valid. It looks like they were pulled early or something. Except for the first one, they don't even have bidders and it looks like the first one was only up for a few hours.

Mike

 

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Ok find me a cheaper one:

1943-S Jefferson Nickel NGC MS67 $60 E-BAY

The majority of these on E-Bay sell for $65-$80

 

Now that's a difficult one to top...

 

Any auction that ends with 0 bids, is not completed, it's failed and can't be used.

 

Here's a valid one. It is also representative of a sale in an auction based format. I cross checked on HA.

http://www.ebay.com/itm/FLYING-EAGL..._Individual&hash=item27c39854ae#ht_2013wt_948

Rick Snow sells his for about $1700,
Good luck,

Mike

 

No problem wait for Northeast to get one in stock. Here is a 1943-D NGC MS67 and the cheapest I find from a (PCGS, NGC) 1943-D search is 59.95 with free shipping. Northeasts will run about 51 or 52 with shipping. So patience could net you something better.

Now Mike that is what I would expect to happen with a nice coin in a true auction - something comparable to heritage. But if you watch people routinely bid more than that. And if you search for (PCGS, NGC) for items I like to collect you see so few true auctions anymore - just inflated BINs.

PS - what is real funny is one of the large cents I sold was bought for like 285 and is already re-listed at 390 already. I don't think it sold, but the auction ended.

 

First, the values of the 1943-D and 1943-S are not the same. Numismedia wholesale is listed at $43 & $54 respectively. So if they have a 1943-D listed at $2 over Numismedia Wholesale, then we should expect them to price their 1943-S MS67 @ $56. And that price would be cheaper, but how long do I have to wait in order to save $4.

Secondly, Northeast Numismatics is one of the few dealers who keeps certified Jefferson Nickels in stock. Don't you think I would know that and have checked their inventory before I posted the coin I wanted? Furthermore, I think their toned coin photos/scans are terrible and not representative of the actual appearance of the coin. For that reason, I will not buy toned Jefferson's from them.

BTW, perhaps when you search E-Bay you should search the completed listings as well.

1943-D Jefferson Nickel NGC MS67 $49.77 E-Bay BIN

1943-D Jefferson Nickel NGC MS67 $32.55 E-Bay Auction 21 bids

1943-D Jefferson Nickel NGC MS67 $34.76 E-Bay Auction 9 bids

1943-D Jefferson Nickel NGC MS67 $25.27 E-Bay Auction 5 bids

How good do Northeast's prices look now?

 

Yes, Sometimes people bid more than that, that is the way it is with auctions, that is why you need to be patient and disciplined. You must not overbid. With diligence and patience, you can pick up deals like this. I am fairly confident that a dealer cannot offer this price, and that is what this is about.

And of course you are correct, that the number of true auctions is smaller now, but what does that have to do with the price of tea in China. For the frugal collector, EBAY is about cherry picking, so as long as there are deals out there, we will work to find them.

Mike

 

Then why did you post an open auction to start with? If the deal was so good - why isn't it a closed auction? Better yet - why didn't you buy it and list it for what it is worth? Or at $5000 whichever floats your boat. Everybody else can wait and northeast might list one cheaper - you never know.

I also compared open auctions since that is what you posted. And then out of the auctions you posted only one has pictures decent enough to see the coin as it is - goto heritage and they rountinely run in the low $30 with better than average pictures. At the same time you could - if you wanted - post the ones that were bad deals - like $90, $60 and I believe a couple of others. So all you did was prove one other point made in the past - bad pictures results in less money and someone bought the holder not the coin. There are more - not sold prices, than sold. Plus if ebay was so great you would not see all the complaints that you do. Too much whining over being sniped, ripped off, or one thing or another. And yet I still don't have a problem with ebay - it is what it is.

So far Mike is the only one that posted something valid. I have always said heritage beats them all - including dealers. I think Mike was right to start with - this is a game that could be played forever and it is really not worth it.

 

Yep - you are correct Mike. At with this last bit of sanity from you I will check out of this thread.

 

I posted an open BIN listing because that is similar to what B&M dealers do. Do you know any B&M dealers who run their own auctions? I never said the deal was good. I posted a coin with a BIN price that is lower than all the others and challenged Doug to find one cheaper. I won't buy it because there is no money to be made on that coin.

When did I ever say E-Bay was great? Doug made a ridiculous claim that E-Bay's prices are higher than dealer prices and I disagreed vehemently. I never said anything about the quality of the coins, the photos, or the sellers on E-Bay. The fact is that E-Bay is huge. There are thousands of people who buy and sell coins on E-Bay. You will find absolutely everything: overpriced coins, underpriced coins, coins with excellent photos, coins with crappy photos, scam artists, reputable sellers, error coins for millions of $'s, bidiots, and experienced savvy buyers. The size of E-Bay basically ensures that Doug's claim will never be correct.

Hey, something we agree about. The majority of my collection comes from Heritage, especially the higher value coins.

 

http://cgi.ebay.com/ws/eBayISAPI.dl...cDqLnc%3D&orig_cvip=true&rt=nc#ht_2429wt_1110

Same grade, and TPG, $48, free shipping.

 

With all due respect, this is not the bathroom wall at the local dinner.

Ruben

 

First, welcome to CT.

Second, you should read the forum rules as you must post like this in the For Sale section of the forum, only after you have made 10 posts, and I'm sure you can't post personal contact information either.

 

Here's another that sold for considerably less than the price guide. $31 + $2.50 shipping:

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&_trksid=p4340.l2557&hash=item20c45ed67b&item=140733503099&nma=true&pt=Coins_US_Individual&rt=nc&si=hGjx63dtM%252Fg0uJ9AE2vWncDqLnc%253D&orig_cvip=true&rt=nc#ht_500wt_1127

 

Have you been following the discussion? Doug is supposed to find one cheaper from a B&M dealer. Remember, he is claiming that E-Bay is the higher priced coin source. But hey, thanks for proving my point.

@Doug, new bar, find a 1943-S Jefferson Nickel NGC MS67 for less than $33.50. Good Luck!

BTW, there is a cheaper 1943-S than the one I posted yesterday currently listed on E-Bay.

1943-S Jefferson Nickel NGC MS67 E-Bay BIN $50

 

Yes I have and yes I know about the cheaper at the B&M.

Easy for you to manipulate the price. Seems to me that any listing that YOU control should not be used in this discussion. But then again, you would do anything to come out on top.

However, since I've found two eBay listings not controlled by you, those are the ones Doug should find cheaper at a B&M for, since they're much cheaper than yours.

 

We have already discussed that a B&M dealer includes those with their own website but not those with E-Bay stores. Your claim is ridiculous. So when you say just about any coin, the exclusion is the one that I post? Just about any coin means any coin that I post? You made the ridiculous claim, so prove it. Find me a 1943-S for sale by a dealer for less than $33.50.

 

If you have been following the discussion, why would you post coins that are cheaper on E-Bay? Please explain your logic!

And, no it isn't easy for me to manipulate the price. It states very clearly in the auction the last time the listing was updated. I updated this coin on 4/19/2012 and that was in order to comply with E-Bay's new top rated seller policies. This has nothing to do with coming out on top. Do you see me arguing with anybody else on this forum the way I argue with Doug? The reason I argue with him is because he repeatedly, almost daily, makes ridiculous statements with no backup and expects everyone to take his word for gospel since he is old as dirt and has 20,000 posts. What is your dog in this fight other than to be his number one brown noser?

BTW, I agree that you have set the new price with the listing you found. The bar is now set at $33.50.