Why would these go for so much?

I was just browsing and saw this lot go all the way past $150 before ending.

Is there any reason I'm unaware of why these would go for so much?

I often see worn ones go for <20 and got one myself a couple weeks ago UNC/uncleaned with luster for 30.

I'm less than a year into seriously collecting- just trying to further my knowledge if I'm missing something or confirm if it was just a strange bidding war that got out of hand. Thanks.

 

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Here's the other photos... I thought maybe one or more were counterstamped or something but I don't see it looking at these.

The A in the main coin below looks more squared off than mine though.

 

The bottom left and top right seem to have spent the majority of their life in the original packaging by the looks of the toning. Was the packaging include in the sale?

 

Well worn and ugly (by your photos), I can't fathom why they'd fetch such an amount. Idiots?

 

I don't think so. Here's the listing URL: https://www.ebay.com/itm/332156540608

 

Worn? look at the toning its fresh out of the original holder

 

If they're all Mint State, they're technically worth rather more than was paid. I suspect the buyer intends to....reverse-engineer....the toning.

 

Not only that, the winning bidder had another, higher bid, which was not triggered.

 

Starting at a penny with auction, I could imagine that someone got carried away. That is some of most awful toning. But Dave may be correct, some jiggering with these could produce something entirely different.

 

Very few classic commems have tab toning like that shown.

Chris

 

I don't think it's a crazy price. Stone Mountains are popular and definitely worth $40/each. 2 of these have nice toning. All look original.

 

Thanks much for all the replies- that's just what I was interested to hear. From what I'm seeing here it sounds like the original and unaltered nature of them and the visual indications of how they were stored is where the value lies. Great to know.

 

As Chris said. This is tab toning. Folks will pay for that look.

 

This is the type of holder that caused the toning.

 

Way too expensive for them looks like junk silver coins. Here is mine and picked it up about a month ago from my local coin shop.

 

I think they are unique and bid is reasonable. the Stone Mountain is one of the most common of the classic commems, but the toning is pretty impressive and provides some good stories and interest.

 

If something is worth what someone is willing to pay for it, why would realized ebay auctions not be a good estimate?

(Obviously there are outliers and very high variance rare coins)

 

You got yours for a good deal, but the OP coins are not out of the realm of decent prices. Now use that money you saved and buy some hand cream to repair that dry, cracked skin.

 

Many people like (and will pay up) for tab toning like this. I like the original toning caused by the tab holders they originally came in, but since I don't collect commems take my opinion for what it is worth.