Why did this raw Morgan toner sell for so much?

Discussion in 'US Coins Forum' started by mullah, Sep 21, 2019.

  1. mullah

    mullah Member

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  3. tommyc03

    tommyc03 Senior Member

    No clue but it's gross IMHO.
  4. C-B-D

    C-B-D Well-Known Member

    Looks like a naturally toned AU. People sometimes go crazy over toning... especially when they don't know what they're doing.
    HaleiwaHI, Paul M., LA_Geezer and 5 others like this.
  5. cpm9ball

    cpm9ball CANNOT RE-MEMBER


  6. thomas mozzillo

    thomas mozzillo Supporter! Supporter

    Unless it looks different in hand, IMO it has no eye appeal. Some just get caught up in a bidding war.
    Paul M. and Spark1951 like this.
  7. Collecting Nut

    Collecting Nut Borderline Hoarder

    The buyer had a wee bit too much to drink.
    HaleiwaHI and Penna_Boy like this.
  8. Michael K

    Michael K Well-Known Member

    The opposite of gorgeous.
    Spark1951 likes this.
  9. TheFinn

    TheFinn Well-Known Member

    A fool and his money... but there were at least two.
  10. ksparrow

    ksparrow Coin Hoarder

    looking at the bids, it says "private listing, bidder's identities protected." what does that mean? Looks like a setup for shilling, IMO.
  11. Maxfli

    Maxfli Well-Known Member

    A truly ugly coin. Glad it's not mine.
    Spark1951 likes this.
  12. PlanoSteve

    PlanoSteve Supporter! Supporter

    There were actually 12 individual bidders, with 22 total bids! Yeah, interesting for that piece.
  13. MontCollector

    MontCollector Well-Known Member

    I've seen this kind of toning in Morgans that have sat in an album for quite some time. Though this one is quite ugly imo.
    Spark1951 likes this.
  14. Santinidollar

    Santinidollar Supporter! Supporter

    Why is a largely useless question that often can be answered with “who knows”
  15. TypeCoin971793

    TypeCoin971793 Just a random guy on the internet

    Because it is nothing more than a hyped-up fad
  16. geekpryde

    geekpryde Husband and Father Moderator

    It's amazing to me to really nice coins, around the same price, sit and sit and sit. And fugly coins somehow wind up in bidding frenzy. I'm sure the seller is happy!
  17. ddddd

    ddddd Member

    A seller can set it up to be private so that there is no trace of who is bidding. It might make sense for some items (I’ve read it’s used on the “adult” rated items). In most cases, there is little need to use it and it does bring up questions of shill bidding (even if there isn’t any).
    Johndoe2000$ likes this.
  18. Ike Skywalker

    Ike Skywalker Well-Known Member

    True. If I sold this coin showcasing high resolution, TrueView-like images, it would have sold for maybe $70 or less. I found this out by selling proof Ikes. Looking at completed auctions, proof Ikes that had blurry, far away images in the listings typically sold for more than the ones I offered. Baffling.....

    It seems there was once a time when excellent, professional photography would “win” you the most bids. It doesn’t appear to be the case anymore. Again, baffling...
    Paul M. and Johndoe2000$ like this.
  19. wxcoin

    wxcoin Getting no respect for 64 years

    Beauty is in the eye of the beholder. There may even be some sober woman out there that thinks I'm beautiful. Just kidding! Not even a drunk woman.
    Mainebill and Johndoe2000$ like this.
  20. Spark1951

    Spark1951 Accomplishment, not Activity Supporter

    Wow!...first take: one ugly/no eye appeal coin. It may be natural toning but it looks like it is corroded!...Spark
  21. PlanoSteve

    PlanoSteve Supporter! Supporter

    Beauty is in the eye of the bee holder...& occasionally they get stung! :D:D:D
    Johndoe2000$ and wxcoin like this.
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