Watching The Auction

Discussion in 'Coin Chat' started by Randy Abercrombie, Dec 13, 2025 at 11:49 AM.

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  1. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    And it sure is odd to me to watch common Morgan’s going at $60.00-$80.00.
     
    Randy Abercrombie, Dec 13, 2025 at 11:49 AM
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  3. -jeffB

    -jeffB Greshams LEO Supporter

    Current melt values are madness.
     
    -jeffB, Dec 13, 2025 at 11:58 AM
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  4. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    Yeah…. I know that’s the root of it. Sure seems otherworldly to me. I don’t watch active auctions. I have the personality defect that gets me into bidding wars. But this one has some coins I REALLY want.
     
    Randy Abercrombie, Dec 13, 2025 at 11:59 AM
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  5. BuffaloHunter

    BuffaloHunter Short of a full herd Supporter

    Is this the auction with that Charlotte gold, Randy?
     
    BuffaloHunter, Dec 13, 2025 at 12:24 PM
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  6. Collecting Nut

    Collecting Nut Borderline Hoarder

    @Randy Abercrombie Best wishes on your bids. Hoping you get some of those coins that you really want. :)
     
    Collecting Nut, Dec 13, 2025 at 12:28 PM
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  7. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    Yes it is.
     
    Randy Abercrombie, Dec 13, 2025 at 12:28 PM
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  8. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    Thanks Dave. There are some deep pockets budding this deal. Scares me.
     
    Randy Abercrombie, Dec 13, 2025 at 12:29 PM
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  9. Collecting Nut

    Collecting Nut Borderline Hoarder

    It’s only money. Lol
     
    Collecting Nut, Dec 13, 2025 at 12:30 PM
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  10. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    Just watched a rather mundane appearing proof Indian head cent go from $80.00 to $875.00 in the blink of an eye.
     
    Randy Abercrombie, Dec 13, 2025 at 12:33 PM
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  11. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    Just watched a 37-D three legged AU Buffalo go for $1175.00.
     
    Randy Abercrombie, Dec 13, 2025 at 12:38 PM
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  12. ToughCOINS

    ToughCOINS Dealer Member Moderator

    Odds are that at least a couple of bidders able to grade accurately may have viewed these coins in person, and may know more than others. I can't remember that last time I saw folks who didn't know what they were doing paying way over for coins at auction. Typically, the beginners stay at retail and below, and those in the know are the ones who regularly weigh risk / reward and bid over the top, but they do so very selectively . . . not across the board.

    If the prices realized are laughable for all lots, and not just for selected lots, there may be a couple of idiots with deep pockets, but if the super high prices are for select lots, there are probably a few good snipers in the crowd.
     
    ToughCOINS, Dec 13, 2025 at 12:45 PM
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  13. ToughCOINS

    ToughCOINS Dealer Member Moderator

    CDN bid on AU50 is $1100.
     
    ToughCOINS, Dec 13, 2025 at 12:46 PM
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  14. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    I am going to swing hard on an XF 1803 bust half and an 1851-C dollar. Should be coming up before long.
     
    Randy Abercrombie, Dec 13, 2025 at 12:54 PM
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  15. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    The bust half is mine
     
    Randy Abercrombie, Dec 13, 2025 at 1:16 PM
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  16. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    busto.png bustr.png
     
    Randy Abercrombie, Dec 13, 2025 at 1:22 PM
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  17. BuffaloHunter

    BuffaloHunter Short of a full herd Supporter

    Randy, I hope you’re not into this thing real heavy. These pictures are throwing up red flags for me. I’m no expert by any means, but my spidey senses are telling me that half has problems.
     
    BuffaloHunter, Dec 13, 2025 at 1:36 PM
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  18. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    Not as heavy as I was willing to go. I agree. There are some concerns but it was high grade enough for me to want her. She is a gamble!
     
    Randy Abercrombie, Dec 13, 2025 at 1:39 PM
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  19. Mr. Numismatist

    Mr. Numismatist Strawberry Token Enthusiast

    You should watch eBay Live sometime... :eek:
     
    Mr. Numismatist, Dec 13, 2025 at 1:58 PM
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  20. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    The icing on the cake is coming up soon… At least I have something to show for two hours sitting at the computer!
     
    Randy Abercrombie, Dec 13, 2025 at 2:04 PM
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  21. ToughCOINS

    ToughCOINS Dealer Member Moderator

    I used to bid a lot on eBay. Not so much anymore, but occasionally. I remember there used to be huge numbers of bidders on some items. Of course, eBay is a much bigger venue than any local or regional auction, so it’s expected to attract far more and far greater fools.
     
    ToughCOINS, Dec 13, 2025 at 2:08 PM
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