Bargains from Ebay Part Deux

Discussion in 'US Coins Forum' started by spock1k, May 28, 2007.

  1. spock1k

    spock1k King of Hearts

    Hi all some more good coins from ebay :)

    A morgan MS-64
    A FS silver nickel MS-65

    I paid $80 for this lot
     
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  3. hamman88

    hamman88 Spare some change, sir?

    How much did you pay?
     
  4. spock1k

    spock1k King of Hearts

    if i told you i would have to change the title to ripped off from ebay :D j/k about 80
     
  5. rotobeast

    rotobeast Old Newbie


    Peace Dollar, maybe ?
    :p

    Very beautiful coins, Spock.
    ;)
     
  6. DJCoinz

    DJCoinz Majored in Morganology

    Nice coins!
     
  7. Treashunt

    Treashunt The Other Frank

    Nice coins, I hope that you got them for a good price.
    However, any any rate, nice coins.
     
  8. Shortgapbob

    Shortgapbob Emerging Numismatist

    Nice pair of coins. There can be some good deals found on holiday weekends sometimes, as many people are away from their computers. Hope you got one of these deals!
     
  9. spock1k

    spock1k King of Hearts


    You are right i need to get myself a life and stop collecting for a while. I cant differentiate between peace or Morgan anymore. I will try and promise to take a break from tomorrow till June 19 :)
     
  10. mikenoodle

    mikenoodle The Village Idiot Supporter

    I am gonna quote frank and say...

    oooo, look a nickel!!!

    nice coins!!
     
  11. bqcoins

    bqcoins Olympic Figure Skating Scoring System Expert

  12. hamman88

    hamman88 Spare some change, sir?

    You mean me?
     
  13. rotobeast

    rotobeast Old Newbie

    LOL

    It's ok.
    If you are like me, you have a whole coffee table full of coins laid out at any given time.
    You may have been looking at a Morgan off to the side of your easy-chair while writing the post.
    :)
     
  14. spock1k

    spock1k King of Hearts

    i am so depressed today I lost at the pre long beach event and it wasnt due to lack of bid it was coz of that stupid ebay. It wouldnt let me bid for some reason and I watched in horror as i lost one coin after another :(
     
  15. GDJMSP

    GDJMSP Numismatist Moderator

    Well, it really wasn't because of ebay - it was because live auctions move too fast. And hopefully you'll trust me on this one - but trying to participate in a live auction via ebay is a BIG mistake. I highly recommend that no one ever try to do that.

    You can be making what you think is $125 bid and it will turn out to be a $1250 bid - or more. You see live auctions proceed at the rate of 200 - 250 bids per minute, that's 4 bids per second. Nobody has a chance of keeping up via a computer and on-line bidding. And since live ebay bidding always goes to the next highest increment automatically - if the live bid is $1200 when your bid comes in your bid just jumped to $1250 when all you wanted to bid was $125.
     
  16. gopher29

    gopher29 Coin Hoarder

    Nice coins! Especially that war nickel...real sweet!
     
  17. spock1k

    spock1k King of Hearts


    Thats all very fine but how do you suppose i get the coins then? They were Portuguese rupees in very high quality rarely offered. My whole dream has gone sour :( I am sure you have another piece of advice that helps me become successful in these auctions?
     
  18. GDJMSP

    GDJMSP Numismatist Moderator


    Yeah, same one that has been around since the beginning. You establish a relationship with a dealer - or even better two or three in various parts of the country. Then when there is an auction with coins you want you find which dealer will be attending that auction, tell him your max bid amount, and let him buy the coins for you.

    Other option is you contact the auction house and bid by phone.

    Now you can suit yourself, I'm not trying to tell you what to do - I'm just providing information. But it's accurate information - I personally know of over 100 people who have been burned in the exact manner I described by trying to bid in live ebay auctions. That's just the ones I know - there are plenty of others.

    In this day of ebay and internet auctions there is something that all too many coin collectors have forgotten - and that is that a good coin dealer is your very, very best friend.


    edit - by the way, if you want high quality Portuguese rupees I could probably put you in touch with at least 3 dealers who could find them for you.
     
  19. spock1k

    spock1k King of Hearts


    From a process standpoint you are right on the money. I dont know if a dealer will take interest in bidding for things that typically don't cost too much $30-50 range sometimes going to $100. For this auction the phone option was disabled but i see that it was a waste of time bidding via ebay. If you could pas son the information about the dealers would appreciate it. also which of those three would your recommend the most. Thanks.
     
  20. GDJMSP

    GDJMSP Numismatist Moderator

    For what you want my first choice would be - Steinbergs
     
  21. spock1k

    spock1k King of Hearts


    They only have gold inventory on their site. The coins are silver. Should i contact them? Thanks.
     
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