Great deal or maybe not such a greal deal on MCC

Discussion in 'Modern Chinese Coins & Medallions' started by silverfever, Jul 24, 2012.

  1. jc888888888

    jc888888888 New Member Silver Stacker

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    same seller, I contacted him about coin asking about milk spots,he said it was hazy but nice........dah???

    221085389844 listing #
     
  2. digoxin

    digoxin Member Silver Stacker

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  3. steve.rsa

    steve.rsa Member Silver Stacker

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  4. Catseye

    Catseye New Member

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    Pics look purposefully dark/doctored, on rare coins only ignorant or crooked sellers will pull this.
     
  5. jc888888888

    jc888888888 New Member Silver Stacker

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    here is another market indicator on ebay a 2000 ngc ms69 MIRROR , looks like a decent coin ........999usd start price no bids:) less than 2 days left 271035471846
     
  6. silverfever

    silverfever New Member

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    The last ngc 69 mirror on fishball stats sold for around 1080.00 it will be interesting to see if anybody bites. IMHO if this were a 99 cent start auction it would have ended in the 800s or 900s....
     
  7. silverfever

    silverfever New Member

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    Two MS 69 Mirrored Pandas just sold. One for around $1100 the other for around $1020.
     
  8. silverfever

    silverfever New Member

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    2005 Beijing Expos MS 69 seem to be in total collapse right now. Just a few months ago they were going in the low-mid $200s. Right now they are going in the $170s.
    Too bad for me . :(
     
  9. Thor122

    Thor122 New Member

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    Thanks for the data. I try win a one in ebay.
     
  10. jc888888888

    jc888888888 New Member Silver Stacker

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    FOLLOW UP: COIN SOLD FOR 1125.01
     
  11. silverfever

    silverfever New Member

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    Is that good or bad?
     
  12. digoxin

    digoxin Member Silver Stacker

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    I think that is fair price to both buyer and seller. They were going for $1200-1500 last year. Another one from the same seller went for $1020
     
  13. digoxin

    digoxin Member Silver Stacker

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  14. jc888888888

    jc888888888 New Member Silver Stacker

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    The funny thing about an auction ,you never know:) 2 or 3 strong bidders and you get a mirror going for 2700.00 was that EVER the market ?? IMHO I think not , 1100 I think is a little low, if I needed one I would not be afraid to buy at that level........... ebay is becoming something other than an auction in the true sense of the word, AND IN MY OPINION IS DEFLATING COIN VALUES ,all this sniping software etc etc ,when you see a 200 bid move to 500 in the last 3 seconds of bidding ,is that an auction ?????? personally I don't think so ,the same coin in an old fashion auction run by human beings probably would bring 800( that is why you see higher prices from auctions like stacks & bower,s etc the tempo is orchestrated by the auctioneer and everyone has a chance to place a bid) that coin on ebay might have 15 people interested in it but they have essentially 3 seconds to place a bid and 12 of them are shut out by machines ,I would love to hear other folks opinion on this.................
     
  15. silverfever

    silverfever New Member

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    You are right. The fixed auction end time helps snipers get the best price. I put in a bid and I have no time to react even if I was willing to pay a higher price. On the other hand it takes the emotion out of the equation.
     
  16. low

    low New Member

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    At one time ebay was talking about banning the sniper software but for whatever reasons they didn't implement.

    To me, public auction house is not better. 15 to 20% buyer's premium is joke. Add another 10% seller's fee (they may give a waiver for vendors with large consignment) still auction house is the only sure winner, not the buyer, not the seller, and definitely not the coin market.

    If ebay is seen as deflating coin values, then it only means the coin is not as valuable as we like to think. If the seller can achieve better price via public auction house, why is he/she selling on ebay?

    I have personally consigned some coins and banknotes to few auction house, I can tell you that is very, very painful exercise.

    Having said that if you have top coins collection and you get the full attention from the public auction house, then that is different story.
     
  17. low

    low New Member

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    Actually it is a worry to me, if you check the photo at NGC website.
     
  18. jc888888888

    jc888888888 New Member Silver Stacker

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    very good point!
     
  19. silverfever

    silverfever New Member

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  20. silverfever

    silverfever New Member

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