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My 1937-D 3 Legged Buffalo and 100oz Silver has ARRIVED!
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<p>[QUOTE="BNB Analytics, post: 676132, member: 20117"]You make some great points there, Mike. It's like this with any big purchase, if I buy something, I do hope that the community finds value in it. Most people have. It seems the $60-90 price(depending on which auction you compare it to) I may have overpaid is what is steering the general thoughts on this coin at this point. It's not always an easy game. Sometimes you'll find one for less but the eye appeal may not be as nice, etc.</p><p><br /></p><p>Example, at the Arcadia show, I saw a PCGS MS 63 1885-cc Morgan for $550. I paid $617 for the same grade(pcgs) on ebay with minimal toning(just to my liking), however, the two being sold for $550 in my opinion were fugly. I mean, F-ugly. Like, toning, half the coin was brown, etc..I like all my coins to be in clean looking condition with very little toning. Maybe some shading around the design to give it that filled in look like my 1921-d merc has, but that's about it.</p><p><br /></p><p>So, I guess the overall point is, there's no sure bets in this industry.</p><p><br /></p><p>I realize people (dealers, ebay sellers, etc) are all smart these days. About 90% of them are, at least and people know what they're selling. The days of truly good deals are down the drain. Sure they exist, but they are not common. Take for instance the Arcadia show guys, most the tables there were selling coins at such high premiums. You can't tell me these people need to make a living with the prices they charge.. I mean, some of them were downright expensive for what was truly being sold, are these dealers trying to live the high life off these deals? I mean wow. Truly insulting in some cases.</p><p><br /></p><p>But anyways, this will be the second case I paid under $90 more for a coin. Not the end of the world if you ask me and that is depending on what price guide you're looking at.</p><p><br /></p><p>Heritage had these 1937's for $920 least, but it also sold some for $1173 so I believe it all depends on how the coin looks, how it's sold, and who's buying for that day. Not to say I can't resell this buffalo nickel on ebay for a profit or even at a show.</p><p><br /></p><p>So, the point here guys is that I'm learning this, like currency trading(in forex), is all speculative. There are no sure bets. People may want to pass off examples as evidence as sure bet price that one coin is worth, but it's still down to who's willing to pay for it.</p><p><br /></p><p>If I paid $1200 like some of these people on ebay are selling this same coin for, then yes, I'd eat my fist, but this wasn't the case.[/QUOTE]</p><p><br /></p>
[QUOTE="BNB Analytics, post: 676132, member: 20117"]You make some great points there, Mike. It's like this with any big purchase, if I buy something, I do hope that the community finds value in it. Most people have. It seems the $60-90 price(depending on which auction you compare it to) I may have overpaid is what is steering the general thoughts on this coin at this point. It's not always an easy game. Sometimes you'll find one for less but the eye appeal may not be as nice, etc. Example, at the Arcadia show, I saw a PCGS MS 63 1885-cc Morgan for $550. I paid $617 for the same grade(pcgs) on ebay with minimal toning(just to my liking), however, the two being sold for $550 in my opinion were fugly. I mean, F-ugly. Like, toning, half the coin was brown, etc..I like all my coins to be in clean looking condition with very little toning. Maybe some shading around the design to give it that filled in look like my 1921-d merc has, but that's about it. So, I guess the overall point is, there's no sure bets in this industry. I realize people (dealers, ebay sellers, etc) are all smart these days. About 90% of them are, at least and people know what they're selling. The days of truly good deals are down the drain. Sure they exist, but they are not common. Take for instance the Arcadia show guys, most the tables there were selling coins at such high premiums. You can't tell me these people need to make a living with the prices they charge.. I mean, some of them were downright expensive for what was truly being sold, are these dealers trying to live the high life off these deals? I mean wow. Truly insulting in some cases. But anyways, this will be the second case I paid under $90 more for a coin. Not the end of the world if you ask me and that is depending on what price guide you're looking at. Heritage had these 1937's for $920 least, but it also sold some for $1173 so I believe it all depends on how the coin looks, how it's sold, and who's buying for that day. Not to say I can't resell this buffalo nickel on ebay for a profit or even at a show. So, the point here guys is that I'm learning this, like currency trading(in forex), is all speculative. There are no sure bets. People may want to pass off examples as evidence as sure bet price that one coin is worth, but it's still down to who's willing to pay for it. If I paid $1200 like some of these people on ebay are selling this same coin for, then yes, I'd eat my fist, but this wasn't the case.[/QUOTE]
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My 1937-D 3 Legged Buffalo and 100oz Silver has ARRIVED!
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