Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Grading Anomalies Thread: Weird Grades, Strange Pricing
>
Reply to Thread
Message:
<p>[QUOTE="GDJMSP, post: 3763832, member: 112"]Not at all strange.</p><p><br /></p><p>First off, and I've posted about this many times, when knowledgeable people are doing the bidding it's extremely common for some examples of same coin (date/mint), same TPG/same grade, - and all in the same auction - to sell for multiples of what others sell for. Typically this is due to differences in the coins as in one or more being noticeably nicer than the others. But not always, sometimes it's due to a particular variety being in the mix. A variety that may or may not be noticed by other bidders.</p><p><br /></p><p>In this particular case you've got 9 coins total. But if you look at the two that brought the highest prices, $6600 and $5280, they are both of the same variety as denoted by the die scratches. But the one is just a bit nicer than the other, thus the higher price.</p><p><br /></p><p>The other 7 coins, you've got 3 that are in the same ballpark price wise, and 4 that are in the same ballpark price wise - with each group having 1 lower than the others. Again this is typical and usually the result of small differences in quality. But sometimes it's just the way the bidding happens to run. What I mean by that is that when a coin is going for over two or three thousand a price difference of $200-$300 is nothing. It's simply a bidder giving up at the end.</p><p><br /></p><p>Bottom line, this particular instance went exactly as it usually does. So like I said, no, it's not all strange.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 3763832, member: 112"]Not at all strange. First off, and I've posted about this many times, when knowledgeable people are doing the bidding it's extremely common for some examples of same coin (date/mint), same TPG/same grade, - and all in the same auction - to sell for multiples of what others sell for. Typically this is due to differences in the coins as in one or more being noticeably nicer than the others. But not always, sometimes it's due to a particular variety being in the mix. A variety that may or may not be noticed by other bidders. In this particular case you've got 9 coins total. But if you look at the two that brought the highest prices, $6600 and $5280, they are both of the same variety as denoted by the die scratches. But the one is just a bit nicer than the other, thus the higher price. The other 7 coins, you've got 3 that are in the same ballpark price wise, and 4 that are in the same ballpark price wise - with each group having 1 lower than the others. Again this is typical and usually the result of small differences in quality. But sometimes it's just the way the bidding happens to run. What I mean by that is that when a coin is going for over two or three thousand a price difference of $200-$300 is nothing. It's simply a bidder giving up at the end. Bottom line, this particular instance went exactly as it usually does. So like I said, no, it's not all strange.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Grading Anomalies Thread: Weird Grades, Strange Pricing
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...