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<p>[QUOTE="beef1020, post: 904960, member: 24544"]Had a good day at the local auction, won four items and am pretty happy with the price. Picked up 1983 DDR PCGS MS63 for a great price. I am actually going to sell it to finance some other coins, just could not pass it up. I also picked up 17 franklin mint sterling silver rounds, I think 0.8 oz a piece that I paid $7 each for!!! Went straight from the auction to the coin store and sold them for their silver and got $12 each, nice quick $85 profit <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>Which brings me to my comments on the auction. This was the first auction I have been too. There were around 75 lots, mostly morgan dollars. These things were selling like crazy, espcially the ones with high grades from American Numismatic investments. I have never heard of this grading firm, can anyone comment on them?</p><p><br /></p><p>It just blew me away, these morgans, graded and not, seemed to be selling for far more then you could pick them up on ebay for, but the raw silver bullion, which is easy to sell, and the 1983 ddr in a PCGS slab sold for under spot price and well under ebay/HA price respectively. I even saw an AU 1942 walker sell for $14 <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie5" alt=":confused:" unselectable="on" unselectable="on" />, I almost asked the guy if he wanted another because I would sell him mine for that price <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> Is this other's experience at auctions, some crazy prices on the morgans but some huge bargins as well?[/QUOTE]</p><p><br /></p>
[QUOTE="beef1020, post: 904960, member: 24544"]Had a good day at the local auction, won four items and am pretty happy with the price. Picked up 1983 DDR PCGS MS63 for a great price. I am actually going to sell it to finance some other coins, just could not pass it up. I also picked up 17 franklin mint sterling silver rounds, I think 0.8 oz a piece that I paid $7 each for!!! Went straight from the auction to the coin store and sold them for their silver and got $12 each, nice quick $85 profit :) Which brings me to my comments on the auction. This was the first auction I have been too. There were around 75 lots, mostly morgan dollars. These things were selling like crazy, espcially the ones with high grades from American Numismatic investments. I have never heard of this grading firm, can anyone comment on them? It just blew me away, these morgans, graded and not, seemed to be selling for far more then you could pick them up on ebay for, but the raw silver bullion, which is easy to sell, and the 1983 ddr in a PCGS slab sold for under spot price and well under ebay/HA price respectively. I even saw an AU 1942 walker sell for $14 :confused:, I almost asked the guy if he wanted another because I would sell him mine for that price :) Is this other's experience at auctions, some crazy prices on the morgans but some huge bargins as well?[/QUOTE]
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Great day at my first auction
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