Auctionzip.com sale knockdown price

This seemed like a very good buy at $8000. A 500+ item coin auction, central PA. Attended by 51 bidders.

I didn't bid on this. The gentleman sitting in front of me bought it at 8K. His wife was upset. LOL

 

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Looks like too much money to me for an AU details piece.

 

agreed, seems too high

 

Where was this in central PA?

 

I dunno. Numismedia doesn't report any prices below PF61 for the flat-edge variety -- but that PF61 price is almost $24K. If these come up infrequently enough, $8K might prove to be quite a bargain.

 

It's too high. They aren't rare and there is sufficient auction record data to indicate that $8k is too much, in my opinion, for a problem AU.

 

Makes sense. As you can surely tell, I haven't done much research on it.

 

Kind of common really. I never understood local auctions. I have bought $1200 coins for $300 at times, and other times the same $1200 coin will bring $3500. Nearly all common material sells for way too much, day in day out. I pretty much stopped going to them due to this. There is one here I go to maybe once a year. I almost never buy anything, I kind of go there to judge the stupidity of others. I know, not very mature of me, but still.

 

A small farming community called Richfield. http://www.auctionzip.com/cgi-bin/photopanel.cgi?listingid=2342372&category=0&zip=17745&kwd=