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Record sale on Ebay? Reserve not met at 3.5mil
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<p>[QUOTE="calcol, post: 3045071, member: 77639"]Not that I'll ever need it, but anyone have knowledge how armored carrier works for coin transport. I assume that the transport company picks up a sealed package and doesn't inspect the contents. Will they deliver to a residence? If to a bank, do you have to be there to meet them? What's the cost?</p><p><br /></p><p>I would guess that if the set sells intact, that many of the coins will reappear on the market fairly soon. Chances are the buyer would only want a few of the set. Exception would be an investor who buys the whole set with hopes of appreciation. This may be an evolving effect of registries in that investors can buy certified, publicly recognized sets.</p><p><br /></p><p>I find it a common misconception among non-collectors that a complete set is worth more than the sum of its parts. Usually the reverse is true. Collectors like the fun of the chase. Additionally, when a complete set comes on the market, high bidders are usually interested in only a few coins in the set. So their final bid represents retail for the coins they want and wholesale for the rest because they'll be selling them soon. However, high-end complete sets may become like famous paintings ... attractive to investors.</p><p><br /></p><p>I've bought only one complete set ... war nickels before slabbing existed. Still have it.</p><p><br /></p><p>Cal[/QUOTE]</p><p><br /></p>
[QUOTE="calcol, post: 3045071, member: 77639"]Not that I'll ever need it, but anyone have knowledge how armored carrier works for coin transport. I assume that the transport company picks up a sealed package and doesn't inspect the contents. Will they deliver to a residence? If to a bank, do you have to be there to meet them? What's the cost? I would guess that if the set sells intact, that many of the coins will reappear on the market fairly soon. Chances are the buyer would only want a few of the set. Exception would be an investor who buys the whole set with hopes of appreciation. This may be an evolving effect of registries in that investors can buy certified, publicly recognized sets. I find it a common misconception among non-collectors that a complete set is worth more than the sum of its parts. Usually the reverse is true. Collectors like the fun of the chase. Additionally, when a complete set comes on the market, high bidders are usually interested in only a few coins in the set. So their final bid represents retail for the coins they want and wholesale for the rest because they'll be selling them soon. However, high-end complete sets may become like famous paintings ... attractive to investors. I've bought only one complete set ... war nickels before slabbing existed. Still have it. Cal[/QUOTE]
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