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<p>[QUOTE=&quot;VetStudent, post: 1931034, member: 26037&quot;]Went to a small estate auction in central Virginia this weekend and witnessed the most inane bidding and hammer prices. As usual everything went for retail or over it....but I was shocked at HOW HIGH over retail some of the things went.</p><p><br /></p><p>There were two women whom appeared to know nothing about coins that had gotten caught up in the bidding and purchased the following whilst smiling from ear to ear:</p><p><br /></p><p>four lots of wheats (approx 50-100 per box) for $25 each.</p><p>four average circulated common IHCs for $140 (!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!)</p><p>1851-P Trime AG $100 (!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!)</p><p>1865 2 cent G $90</p><p><br /></p><p>They were on their phones after buying the coins and looking up what they had bought. Now perhaps there were something rare that I was ignorant of in these seemingly junk/common coins but I really think they got had by some of the attending folks that were bidding them up.</p><p><br /></p><p>There was another guy whom overpaid pretty good:</p><p>Complete set of Franklin Halves in an average XF condition- $500</p><p>1858-O Half VF $50</p><p>1902 Barber Half AG $25</p><p><br /></p><p>The Hawaiian Half got in a bidding war between a dealer and a collector- sold for $2100 without too much of a surprise there.</p><p><br /></p><p>All I can say is I wish I had a few jars of cull Wheats and Indians to have sold on the way out.[/QUOTE]</p><p><br /></p>

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