Ever Go to a Local Auction to See One Coin?

Discussion in 'Coin Chat' started by V. Kurt Bellman, Feb 5, 2016.

  1. Kasia

    Kasia Got my learning hat on

    I want to see that one ^^ when you get it home and photo it!
     
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  3. medoraman

    medoraman Supporter! Supporter

    Sounds like a nice coin. I do believe, though, that rotated dies, even massively rotated ones, are fairly common on these issues. But for $85 for a 63 you did well IMHO.
     
  4. USS656

    USS656 Here to Learn Supporter

    Cool, I have traveled further for a chance at a single large size note only to pass because the price went way higher than it should have. I enjoy going to auctions and have on many occasions left without buying or even bidding. If the natives are off their rockers on prices, there is no sense in bidding. Other times I get what I came for and sometime see something I did not expect to and get that. Always an interesting experience and usually learn something. There are times where I wish I could become an auctioneer - kind of the same dream as being a bank teller and being the one to handle a cool deposit. Not really a career path that fits me but it sounds like fun in the moment.
     
  5. Conder101

    Conder101 Numismatist

    Ohh that hurts. I love seafood and there isn't a good place within at least 100 miles.
     
  6. Hommer

    Hommer Curator of Semi Precious Coinage

    Just curious, what is proper auction attire?
     
  7. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    Today, at this auction? Beat to death L.L. Bean flannel lined jeans, a flannel shirt, a tan Carhart coat, and off brand white leather topped sneakers. Amish country non-believer grunge.
     
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  8. coinzip

    coinzip Well-Known Member

    I used to live close to Bath Maine, I was stationed on 2 different US Navy ships built by Bath Iron Works... :)
     
  9. Stevearino

    Stevearino Well-Known Member

    Seafood? I live on the border of MN and ND...what is seafood?
    Steve
     
  10. iPen

    iPen Well-Known Member

    Have you seen the gas prices lately?!

    If you really want it, then I'd say go for it.

    It sounds like you already did.
     
  11. physics-fan3.14

    physics-fan3.14 You got any more of them.... prooflikes?

    For a Buffernick? Absolutely not. That is a really common coin, and not worth the time/expense of the trip. You can find a hundred of them online, with good pics, slabbed, at any point in time.

    If it were an auction with a large number of coins, poorly described, with no pics.... then it may be worth it. I'd be looking for lots that go cheap, not for anything to add to my collection.
     
  12. Santinidollar

    Santinidollar Supporter! Supporter

    For you, the stuff you find in the freezer section of the supermarket.:woot:
     
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  13. Cascade

    Cascade CAC Grader, Founding Member

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  14. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    Well, that is the kind of auction it was. There are a gazillion of them here. Also, slabbing is VERY uncommon here. Collectors just don't do it here very much, even advanced collectors don't. Our local coin club (see my sig below) has about 50% who have never owned a computer. This is strictly retro old school country, my man. Also, this is the east coast, within 80 miles of Philly. D and S coins are unusually rare compared with the rest of the country. And really? A 1913D Type II in XF is common?!? What color is the sky on your planet? The whole point of my exercise is a nicely matched set of Buffs in a Dansco album. It is the search that is the whole point.

    There were over 1000 coins in this sale and not a single one was slabbed or photographed. Many were keys to series, and several topped 4 figures. That's everyday life in Lancaster County, PA, sir.
     
    Last edited: Feb 6, 2016
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  15. physics-fan3.14

    physics-fan3.14 You got any more of them.... prooflikes?

    Interesting dynamic, but I guess in your part of the country this may be true. You, however, appear to have access to the outside world.

    There are 94 certified in EF by NGC, and 157 by PCGS. There are also, I'm sure, many uncertified. (There are 3368 certified in all grades) By any interpretation of the rarity scale, this puts them in the "common" category. Looking at Heritage, 6 have sold in EF in the last year (and many more in other grades).

    Yes. This coin is common. Maybe not so common as a 2014 Lincoln (which, interestingly, has a far lower certified population...), but it is common.

    I can respect that. The search is often more fun than the set.

    That sounds like an opportunity! If you can properly grade, and identify which ones are problem free, and values, it sounds like you could easily pick up some great coins at these auctions.
     
  16. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    Indeed. You do have to wade through more than a few problem coins. The indication "SCR" on a lot may mean "hacked to death with obvious malice" as was the case with one half dime in this sale, and cleaned coins were common (Was the consignor's name Brillo?), but clearly a good portion of this sale was a taken apart actual or virtual 7070 set. The rotated die MS 1865 3c I bought was the only 3CN in the entire sale, and there were numerous other solo types represented.

    Silver and gold coins went too high for someone like me who believes this last week was a "dead cat bounce".

    Oh, someday I may care about NGC or PCGS pop reports, but today is not that day. I judge commonness by how often I run across a given coin.
     
    Last edited: Feb 6, 2016
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