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<p>[QUOTE="-jeffB, post: 2725158, member: 27832"]That example is a good data point, but I'm pretty sure a seven-day auction isn't the way to get the best price on a coin like this. You've got a much thinner audience for problem coins, and the chances that you'll find the right <i>two</i> people from that audience in the course of any <i>single</i> week are rather small.</p><p><br /></p><p>If I were going to list this, I'd probably start it as a 30-day BIN around $500, with Best Offer enabled, and relist it a time or two. I'm betting I'd get at least one offer higher than $300, even though the coin I'm getting has a lot more damage than the one you linked.</p><p><br /></p><p>Edit: Compare to a <a href="https://www.cointalk.com/threads/1878-p-trade-dollar-yeah-right.227707/" class="internalLink ProxyLink" data-proxy-href="https://www.cointalk.com/threads/1878-p-trade-dollar-yeah-right.227707/">holed, engraved, XF details 1878 proof trade dollar</a> that I got in a "junk lot" a few years back. Undamaged examples at PR40 and PR45 have sold for $1380, and an MS60 example went for $1222 at Stacks Bowers in 2013. I listed mine in 2015 with a high BIN -- I forget if it was $1000 or $1200 -- and got a winning offer of $700. Next highest offer was around $500, and there were a couple much lower than that. If I'd listed it as an auction, and all those interested parties had piled on, I would've gotten $500 at most; if either of the high bidders had missed the auction, it would've been down in the $200 range.</p><p><br /></p><p>If I do, I'll follow up here...[/QUOTE]</p><p><br /></p>
[QUOTE="-jeffB, post: 2725158, member: 27832"]That example is a good data point, but I'm pretty sure a seven-day auction isn't the way to get the best price on a coin like this. You've got a much thinner audience for problem coins, and the chances that you'll find the right [I]two[/I] people from that audience in the course of any [I]single[/I] week are rather small. If I were going to list this, I'd probably start it as a 30-day BIN around $500, with Best Offer enabled, and relist it a time or two. I'm betting I'd get at least one offer higher than $300, even though the coin I'm getting has a lot more damage than the one you linked. Edit: Compare to a [URL='https://www.cointalk.com/threads/1878-p-trade-dollar-yeah-right.227707/']holed, engraved, XF details 1878 proof trade dollar[/URL] that I got in a "junk lot" a few years back. Undamaged examples at PR40 and PR45 have sold for $1380, and an MS60 example went for $1222 at Stacks Bowers in 2013. I listed mine in 2015 with a high BIN -- I forget if it was $1000 or $1200 -- and got a winning offer of $700. Next highest offer was around $500, and there were a couple much lower than that. If I'd listed it as an auction, and all those interested parties had piled on, I would've gotten $500 at most; if either of the high bidders had missed the auction, it would've been down in the $200 range. If I do, I'll follow up here...[/QUOTE]
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Two gold birds with one stone...?
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