Why does this Jefferson have an opening bid of $750 ?

I was scanning the Teletrade auction listings and I saw two PCGS MS-66 1960-D Jefferson Nickels. One has an opening bid of $190.00, which I don't understand, but there is a second Jefferson Nickel that has an opening bid of $750.00.

Now, I don't collect this series, but that is a lot of money for a common date coin.

Can someone enlighten me?

http://www.teletrade.com/coins/lot.asp?auction=3419&lot=1485

Thanks,

Steven

 

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weird it could bring that kind of money and not even have FS

 

i am not quite sure but the pop that is listed for PCGS is really low. i have a ms65, they don't seem to go for much at all. even on the bay 66's are quite expensive. maybe just a hopeful owner

 

I don't think it will bring that kind of money. I was just wondering why the opening bid was that high. Only thing that I can think of is that the seller set it at $750.00.

Even Teletrade remarks on the listing that the last four sold for $223.00, $69.00, $86.00 & $127.00.

I think someone is going to be disappointed when it doesn't sell.

 

Typo?

 

Obviously whomever is selling it, bought it for $700 and they need to recoup their uinvestment.

Seriusly though, I thought Teletrade was going to stop these ridiculous opening bids?

 

We can only hope

 

I think it's a misplaced decimal and at best should get the 70.00 opener. I wouldn't pay anything near that for it either.