I saw an ad for "over 120 dated Buffalo Nickels" and the current bid is just under $40. I wondered why it is so low, given that individual nickels are hot sellers at nearly $2 at the coin shops. Is there something I'm overlooking?
Maybe they're culls? People are also reluctant to pay premium dollars for a pig in a poke. When you buy them one at a time from the dealer you can see what you're getting before you fork out the two bucks.
I think the key phrase here is: "...the current bid is just under $40...". Most auctions (at least the ones I seem to get involved with) have most of the bidding the last hour and minutes. Just today, I was following a slabbed Ike. Had 0 bids 8 minutes before auction end and ended with 12 bids. Don't worry, it'll hit "market value" unless it's one of those ebay finds....