Post an outrageous $bay listing

Coming from Spain, maybe an exchange rate problem??

Item location:
Galvez, Spain
Ships to:
United States

http://www.ebay.com/itm/Us-coin-qua...899542?hash=item25b35b5e56:g:rg0AAOSwFGNWTaoO
http://www.ebay.com/itm/Us-coin-Buffalo-five-cents/161922899062?_trksid=p2047675.c100005.m1851&_trkparms=aid=222007&algo=SIC.MBE&ao=1&asc=34881&meid=359f179ee9ba43a99aac7aff34e94a91&pid=100005&rk=1&rkt=6&sd=161922899542
http://www.ebay.com/itm/Us-coin-one-dime-1942-world-war-II/161922897444?_trksid=p2047675.c100005.m1851&_trkparms=aid=222007&algo=SIC.MBE&ao=1&asc=34881&meid=359f179ee9ba43a99aac7aff34e94a91&pid=100005&rk=2&rkt=6&sd=161922899542

 

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Wow.. I don't think it's an exchange rate problem.. I have been to Spain and there is a difference but not by that much! Ridiculous!

 

I think the problem is a lot of people think their collectibles are worth a lot more than what they really are. You not only see that with the inexperienced who believe their $30 or $40 coin ought to be worth $1,000 just because its old, but you also see the same with experienced collectors who ought to know better.

I've seen an example of it in the declining antique furniture hobby. Some antique furniture collectors are complaining people are now only willing to pay $3000 for an antique table that is worth $9000 (5 years ago) and are blaming the younger generation for not paying the full price of what the table is worth. However, they forget that a collectible is only worth what people are willing to pay for it now, and the prices will fluctuate with market demand and economic conditions over time.

 

I see people thinking their worn Morgan dollars are worth thousands of dollar, in reality they are worth $20 at most. Or that typical worn common ancient coins are worth huge amounts and a only found at museums.

 

Somebody got into the Christmas spirits a bit early.

 

Here's my favorite. Anybody got a spare $9,999,999.99 laying around?

http://www.ebay.com/itm/ZIMBABWE-10...779455?hash=item20f655eb7f:g:zGsAAOSwBahU2unG

 

One of his competitors has it for $25.95 and has sold 840 of them.

And folks complain of U.S. inflation....

 

Here's one that's outrageous in a great way:
Mintage: 10

http://www.ebay.com/itm/1802-DRAPED...775068?hash=item2ee5f8ac1c:g:kc8AAOSwHPlWe1tz

 

I don't want to look for fear that I'll find a listing worthy of a whack upside the head in mere seconds.

 

Sold for just over $851,000 at a Heritage auction in 2012.

 

Checked this dealer with whom I was not familiar with (for obvious reasons). He has all kinds of big-time coins with numerous ones in six figures.

 

Free advertisement if high retail and if purchased, probably a tidy profit. Those FVFs tho, unless they are capped. Which I wouldn't know since I've never sold anything near those coins. Fun to look at though!

 

I think the price is quite realistic on the 1802. It's rarer than the more famous 1804, and another 1802 sold for $920K a few years ago.

BTW, PCGS CoinFacts claims a mintage of 10, but I can only find evidence of 4 extant.

 

We now return you to our regularly scheduled program, already in progress:

http://www.ebay.com/itm/1967-penny-/252222662051?hash=item3ab9a465a3:g:mBIAAOSwo3pWee8U

 

I have a couple of those cents still in the original Cheerios packaging. If someone buys this (which is very doubtful) I guess I'll send them to PCGS. Didn't think they were worth more than a penny!

 

When I see thread titles like this, I always fear one of my toners is up for discussion.

 

They might be outrageous, but they'd be outrageously awesome.

 

You'd think for that price they'd throw in free shipping.

 

I'm glad to see things haven't completely changed on Ebay. I "miss" seeing a crumpled up dollar bill with an asking price of $1,000,000. With the seller saying they know it isn't worth that but they're just asking for someone to take a chance on them. Sorry, not this time.

 

Thanks!