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<p>[QUOTE=&quot;-jeffB, post: 1074674, member: 27832&quot;]I wanted to slip this one up quickly, because the link to the original auction will probably expire soon.</p><p><br /></p><p><a href="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&amp;rt=nc&amp;nma=true&amp;item=140479887725&amp;si=T9iYIg2Zz9c%252B3W4PhvF7FYrNrbs%253D&amp;viewitem=#ht_1530wt_968" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&amp;rt=nc&amp;nma=true&amp;item=140479887725&amp;si=T9iYIg2Zz9c%252B3W4PhvF7FYrNrbs%253D&amp;viewitem=#ht_1530wt_968" rel="nofollow">http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&amp;rt=nc&amp;nma=true&amp;item=140479887725&amp;si=T9iYIg2Zz9c%252B3W4PhvF7FYrNrbs%253D&amp;viewitem=#ht_1530wt_968</a></p><p><br /></p><p>This auction was listed with a starting bid of $1499, and drew no bids until three minutes before its close. This can be a good sign -- a high starting bid, even if it&#039;s fair, can discourage early activity, and a lack of early activity can lead people to overlook the auction (&quot;if nobody else is bidding on it, it must be overpriced&quot;).</p><p><br /></p><p>I figured the minimum value of this lot -- melt value for the stuff identifiable as PM, plus face value for the rest -- at right around $1460 or so. I had a &quot;10% off up to a maximum of $100 off&quot; PayPal coupon, which gave me a bit more leverage. I ended up winning the lot, with it closing slightly under my maximum bid.</p><p><br /></p><p>I was hungry for my first gold coins, and knew that unabused Liberty gold usually goes comfortably above melt value. I was curious about the filled 1909-S hole in the IHC book, but I asked the seller &quot;whether there was a small S on the back of the coin near the bottom of the wreath&quot;, and he said &quot;he couldn&#039;t see one&quot;. </p><p><br /></p><p>Overall, I was a bit nervous about the &quot;junk plus a couple of treasures&quot; aspect of the lot -- cheap, run-of-the-mill cents, nickels and low-end silver of the &quot;casual collection&quot; sort, plus a CC Morgan and two gold pieces. But, hey, &quot;buyer protection&quot;, I said to myself.</p><p><br /></p><p>I&#039;ll follow up later with what I actually found when I received the collection.[/QUOTE]</p><p><br /></p>

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