Reply to Thread

Message:: [QUOTE="imrich, post: 1668939, member: 22331"]Some Coins Are Virtually Unavailable Without Sniping There's great competition for the elusive "key" coins in the majority of coin sets. I've complete "book" sets of the seemingly most desirable U.S. coin, namely the Morgan Dollar. An elusive coin not included in the book set is the 1878 8 tail feather coin, especially in "gem" state, and HMPL condition. The coin described is generally unavailable, but if anything close to that described is every offered on eBay, it will probably be acquired only through a "snipe" bid. I've only been able to locate the aforementioned coin in a grade below "Gem", where it was unavailable by reasonable "open bidding", being acquired by an "outrageous" snipe bid. This has generally been my observation for objects of intense interest. For the coins that "buyers care less" they can be acquired in an open auction. Those of advanced interest are generally acquired by snipe bids, often only with bids that most would consider "outrageous". It's been repeatedly determined that the final bid is more market realistic when snipe bidding is utilized, as it eliminates several distasteful/illegal elements of open bidding, including the "shill". I hope that you and others "could care less", and remain disinterested in the auctions which I find interesting. JMHO :thumb:[/QUOTE]