I found an auction with a lot of coins for sale...at least 200 lots. Some people overbid A LOT for some items but others were way underbid (typical auction, I guess). I got some goods deals (at least I think so). Here's what I picked up: 1994 Proof American Silver Eagle (Box & COA): $55 1996 Proof American Silver Eagle (Box & COA): $55 1987-W US Constitution $5 Gold Comm. Coin (PCGS graded PR69DCAM): $170 Jefferson Nickel Book (51 coins with all 11 War Nickels): $20 4x1982 Lincoln Cent Variety Sets: $5 total ($1.25 each) 5 Japanese Government $100 Peso Notes: $10 total ($2 each) 2011 Proof Set (Box & COA): $12 2x2010 US Mint Silver Quarter Proof Sets (Box & COA): $15 total ($7.50 each) 2012 US Mint Silver Proof Set (Box & COA): $135 2x2012 Uncirculated P/D Sets (Envelope & COA): $45 total ($22.50 each) 4x2009 Uncirculated P/D Sets (Envelope & COA): $40 total ($10 each) 3x2008 Uncirculated P/D Sets (Envelope & COA): $45 total ($15 each) 2007-2010 14-Coin Uncirculated Pres. Dollars: $16 24xSac Dollars: $25 3xEncased Silver Dimes: $7 3xBags of Foreign Coinage (I have yet to search): $2.50 Anything stand out? I thought that the Gold Coin was a great deal.
Really? Even if it's under melt value? I think most of the bidders thought it was a 1/10 oz of gold so they stopped at $160.
You hit a home run on everything!!! Amazingly well done I thought for a second that the ("2012 US Mint Silver Proof Set (Box & COA): $135") was over priced until I checked the Bay. What happened that year for the price to be so steep?!
I think it's due to the mintage. It is the lowest mintage Silver Proof Set of the series at 395,000+. The 2013 is higher and I haven't heard figures on the 2014 yet.
Yes, it was a local auction. It was about 30 miles away from where I live. The funny this is that it was advertised in a lot of places and there was even a list of exactly what coins were going to be sold. I printed the list, looked up the average Ebay selling price for each item recently, deducted about 15% off the average price due to fees and had a maximum bid figure going into the auction for each and every item being sold. If it was something that I needed or could be easily sold, I put a bid in until it hit that max figure. If it went over, I bowed out regardless of the item. There were a lot of items that went WAY over...however, the ones that I listed above were at or below my figure. It was a win-win situation for me and I think my strategy worked.
Yes my apologies. I thought it was 1/10. That would be a $48 premium for a modern commem guaranteed to NOT be a 70. THAT is what I thought. Paying under 50% of melt is an insanely desirable outcome. Grand slam bud.
