Only bidder for an auction.

I just won an auction for a v nickel on Ebay because nobody else bid. I wonder why nobody else bid, the V nickel looks like it is in pretty good condition. Why do you think nobody bid? I know the picture is on its side, but the details are evident. I don't think $2 is much to pay for a v nickel in this condition but I always tend to bid on items that others want and if I bid too low the item is always sniped. Don't you think no bidders make you wonder?

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=230824885710&ssPageName=ADME:B:EOIBSA:US:1120

 

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Typically it makes me feel like I over-bid - then again I really don't worry about it if it is a coin I want.

 

That happens. I won my 1995 W ASE for a song as the only bidder. Surprised me.

 

As harshly cleaned as it is, it looks like a cull. You can those kinds in bulk lots for under 50c each.

 

Whatever the issue is, I believe this v nickel should have went for more on it's details. The observe side is tilted to the side though. I know I would get one worn down for a dollar at a coin show, plus gas to get there. This was $2 with shipping.

 

I think the sellers photos makes it look like its been cleaned and maybe environmental damage. IDK if it does, but the photos could lead you to believe so.

That, and the fact its a common date is the reason I believe no one was knocking down the sellers door on this one.

 

Sure Detecto, with all the worn down to nothing and holed coins.

 

Right Medoraman, those pics are pretty bad, done with a cell phone. I think a scan would be better than those pics. I will post it when I get it and you can make a determination about it. I know, the first thing I think is that because nobody bid it might have a serious problem but I have seen some pretty ugly, heavily cleaned, and/or worn down silver coins go for 2x melt. I don't see any harsh lines like I see on my heavily cleaned seated. Regardless, its got nice details. It may have been cleaned at one time of course like many older coins. I have seen those ugly lots of holed and worn down cull coins and this one does not fit in those. I will post a better pic when I get it.

 

Hey detecto, lemme buy all your culls that look just like that for 50c.

 

You were the only bidder because, well, everyone likely wouldn't spend more than 99 cents for that coin. If you like it, that's all that matters.

I was actually surprised to find myself the winner (and only bidder) of a 1963 Uncirculated set for about $38 dollars this past week. The silver alone in it is worth $33.42 and I usually see these sets go for way more. It didn't come with the envelope though but that's okay, I was planning to split it up anyways, I bought it mainly for the quarters and dimes for the Dansco uncirculated set albums I'm putting together.

 

What song were you singing?

I'd like to try it out!

 

I will take them too. I know that I am relatively new to coin buying but I don't believe this is a something from a "cull lot for 50 cent". No Redbook Rons during this auction. Of course it concerned me the fact nobody bid, even the snipers. The picture is not great I know and the observe is on its side but I still would be able to see harsh cleaning lines. Hopefully, the coin is good and it was just the bad pics that caused nobody to bid.

 

Do you even know the definition of cull Detecto? Just wondering...

As for the coin, it's hard to tell from the images. Could be nicely worn, could be cleaned....not sure. How would anyone know when the seller took the images when it was still inside of the 2x2 with a reflection! For $2, not much downside IMO.

 

I am confused about nobody paying $1 for that coin. This is the v nickel I bought in a bin at a coin show for a dollar:

 

The seller is probably wondering the same thing. Not many people collect those nickels I guess. good for you. :thumb:

 

The seller really messed up big time. For sure would have gotten at least 10 times more if he would have just cleaned it in the ol' rock tumbler before listing.

Cheers

 

One of my better ebay purchases lately -- an MS66 RD 1909 VDB cent. In the picture below notice that it was listed under "1965-Now Roosevelt Dimes". In addition, the seller didn't include "NGC", "Lincoln", or "Cent" anywhere in the title, and only an obverse image was provided. The picture was ok but not great quality. What you see from the screen shot below is what I went on, nothing more. Given that eBay has Buyer Protection, I took a stab at it.

Here's the eBay screen shot:



And...


Here's the coin in hand. It is a nice coin for the grade, and the most recent older holdered MS66RD NGC example on eBay sold for $295!!



Sometimes you win, sometimes you lose -- eBay is a crap shoot -- but a crap shoot with Buyer Protection!

EDIT: By the way, in the screen shot above, both of the "2 bids" are mine. One at the opening bid of $112.50 and I had another snipe at $130.00. So, I was the only bidder.

 

I do see people bidding on these nickels and have been outbid a few times but for some reason, nobody bothered with this one. I know that people like to buy the Barber coins that are silver but the higher grade ones always sell for multiples of the melt value. V nickels are good because they are Barber coins that you can get for less although I did buy a Barber dime at a pm shop for $2.25 but that coin only has a grade of G.

 

You cannot base a coin's value off of what you paid for a different one in your collection. While you paid a buck for this one, similar coins can be had elsewhere for much less. I mean no offense in saying this and am just trying to show you that the price paid for the above coin cannot be used to determine the value of another.

If you are pleased with the ebay coin for $2, that is all that matters. Just because no one else bid on it, this should have no effect on your opinion of the coin.

How would you react if I said this about one of your coins?

 

It looks glossy, which makes me think it was either cleaned or that it was in a piece of jewelry such as a keychain. I have owned several keychains that have had Buffalo nickels placed into them and the nickels would get that look over time.