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1830 Half Dime No Bid Auction
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<p>[QUOTE="Publius2, post: 7673358, member: 105571"]This 1830 half dime (LM-8, R-1) in a PCGS MS-64+ holder was offered for auction ending last night. It had a minimum opening of $1400 and an estimated retail value of $1700. The auction ended with no bids and was put on the dealer's website for direct sale at $1700.</p><p><br /></p><p>This coin's pluses were a hammered strike and nice toning. The negatives were a high starting bid and that gouge between the bust and the date.</p><p><br /></p><p>I decided not to bid on this coin because my eye was constantly drawn to the gouge. I don't understand why this coin got straight-graded. Or am I being too tough?</p><p><br /></p><p>I suspect that other potential bidders viewed the coin as over-priced and/or not deserving of the straight grade. What do you think?</p><p><br /></p><p>[ATTACH=full]1318200[/ATTACH] [ATTACH=full]1318201[/ATTACH][/QUOTE]</p><p><br /></p>
[QUOTE="Publius2, post: 7673358, member: 105571"]This 1830 half dime (LM-8, R-1) in a PCGS MS-64+ holder was offered for auction ending last night. It had a minimum opening of $1400 and an estimated retail value of $1700. The auction ended with no bids and was put on the dealer's website for direct sale at $1700. This coin's pluses were a hammered strike and nice toning. The negatives were a high starting bid and that gouge between the bust and the date. I decided not to bid on this coin because my eye was constantly drawn to the gouge. I don't understand why this coin got straight-graded. Or am I being too tough? I suspect that other potential bidders viewed the coin as over-priced and/or not deserving of the straight grade. What do you think? [ATTACH=full]1318200[/ATTACH] [ATTACH=full]1318201[/ATTACH][/QUOTE]
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1830 Half Dime No Bid Auction
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