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Another crazy price?


marv
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Anybody want to hazard a guess (or informed opinion) as to why this lot in the September Coin Galleries auction achieved almost 100 times estimate?

 

Here is the link: http://www.stacks.com/lotdetail.aspx?lsid=...lrid=AN00105301

 

I don't have my references handy, but Stacks seemed to think this was only worth $175!

 

Marv Finnley

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Anybody want to hazard a guess (or informed opinion) as to why this lot in the September Coin Galleries auction achieved almost 100 times estimate?

 

Here is the link: http://www.stacks.com/lotdetail.aspx?lsid=...lrid=AN00105301

 

I don't have my references handy, but Stacks seemed to think this was only worth $175!

 

Marv Finnley

 

I saw this coin. I think it is a typo. should be 10 times less.

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Anybody want to hazard a guess (or informed opinion) as to why this lot in the September Coin Galleries auction achieved almost 100 times estimate?

 

Here is the link: http://www.stacks.com/lotdetail.aspx?lsid=...lrid=AN00105301

 

I don't have my references handy, but Stacks seemed to think this was only worth $175!

 

Marv Finnley

Auction houses normally give low estimates in order to encourage bids but IgorS is probably

right that there is an extra 0 in the result. $1495 including buyer’s fee seems realistic in the

current market.

 

RWJ

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