Seriously? This went for 3x as much as several wrong planchet cents from Weinberg. A grand though? Sometimes I wonder if it's just because I bid on it, or do I have better taste than I think?
Stop telling others what you’re interested in, and they’ll stop bidding against you . . . Yes, kidding.
Yes I know. Im just frustrated. It went up $800 during the live bidding today. IMO off center on elliptical planchet is not a thousand dollar error. Apparently I'm wrong.
You mean this is a little obvious? This is ironic. Off center coins stink. Terrible collectable. You dont even get a full image.
I agree 100% perhaps the Weinberg name gave it the juice to go that high. But I have cents as well nickels like it and by no means are they $1000 specimens....and if they are heck sold I need some high dollar Ihc and h 10's.
I've only bid on a few coins from Heritage. I always seemed to get outbid nearly instantly. It's almost as if the other bidders were not taking into consideration the buyers fee after all is said and done.
I have no idea but I was guessing that 90% off center and still showing the date is pretty rare. Then I looked on Heritage and there's three that sold this year - 1960, 1970-D and 1972, for $99, $61, and $84, all 90%. So was it the elliptical planchet or the Weinberg?
You have to figure that online auctions now have a much bigger bidder pool. Before COVID, people were more apt to attend an auction in person. When Covid hit, and in person auctions were stopped, auctioneers scrambled to move to an online format, as well as bidders scrambled to find them, and learn to use them. This added a whole pool of people to thr online auction bidder pools. I know since COVID, I have participated in many online auctions I never would have even known about pre covid. (hello Proxybid). The local auction I used to go to monthly had to go to online only, and even now when he COULD go live again, he isn't interest. He has many more customers since going online only and better results and less overhead. Workload has changed from set up and live sale to Picture taking and shipping.
Fred has always had a large following. That and him retiring probably has folks wanting a piece from his collection. Super nice guy and fun to talk with and learn from. I don't collect error coins but I feel the coin brought a strong price.
Two factors: 1. Heritage seems to get strong bids for just about everything. I have bought a number of lots there, but they have never been “bargains.” 2. If it is a “name sale” with material owned by a famous or popular person, the bids will be even stronger. I knew going in that the political items from the DeWitt collection would be bid up very high. I didn’t figure on “to moon and beyond” prices, but that’s what happened. You might do better looking for errors in a “no name” sale.
Yes, it seems that Heritage has a pool of bidders who ignore the buyers fees and the sales tax if it applies. I don’t understand their logic, but that’s the way it is. I ignore the shipping because I figure that it costs me more in travel and lodging expenses to attend a big coin show.
I'll admit that I way overpaid for a McCloskey coin, only because it was his. The CAC sticker may have inspired other bidders too but I don't usually care about that.
