So I was surfing ebay this morning and found this: http://cgi.ebay.com/1916-S-Buffalo-Nickel-NGC-MS65-Star-Rare-Full-Strike-/270740680482?pt=Coins_US_Individual&hash=item3f0966ef22 Now am I missing something or is that just a tad bit much of an asking price? I know some people are crazy for that rainbow toning and are willing to pay a premium, but seriously? Am I missing something about this nickel? I know the 1916-P doubled die mints are worth in the tens of thousands, but never heard of a 1916-S being worth more than a few hundred dollars. Is this seller just a little pompous to think he could get this much (or maybe hoping someone will think its a 1916-P Doubled Die) or am I completely missing something about this coin? EDIT: Okay again. Here's a 1944-S Dime. Worth maybe $50, maybe a little more since its graded by PCGS, but definitely not worth more than $100 IMO (which isn't worth much I admit) But nearly $1000? Is rainbow toning really worth that much to people or is this guy just ridiculous? http://cgi.ebay.com/1944-S-Mercury-...93?pt=Coins_US_Individual&hash=item3f0968e4bd
I couldn't see anyone paying that much of a premium for the dime. I have been known to be wrong though.
Someone is definitely living in a fantasy world to think that Buffalo has that kind of value. FYI, NGC priced the coin at $1950
The seller is putting a high price because he is fishing for offers. It is hard to put a price on toners and such. So why not throw it up there for an unrealistic price and see what kind of offers roll in. It also gives the illusion that you are getting a sweet deal if you get it for 8 grand. You know what I mean?
