Premium on high grade coins?

[copper123]

same goes with the 1895 halfpenny as well - but really i would expect the buyer to go for a more common date like 1901 they are pretty cheap

[1949threepence]

I notice a seller on ebay has an example, a very nice one at that, on for BIN £750 A bit on the high side I would say as Spinks only quote £400 UNC/BU. Very tempting to put mine on for say BIN £300 to see if I get a bite.

You could do, if below book value it will probably shift. Especially if you employ the common tactic of "Spink quote £400 in UNC". It's very noticeable, however, that overpriced BIN's usually sit there unmoved for months, until the seller decides to lower the price, and even then......often nothing.

The best prices seem to be made on middle of the market, high quality stock, which starts at 99p with no reserve. In auction, conversely, high end, high quality stock usually falls well short of dealer prices, and ends in what must surely be severe disappointment for the seller.

The worst tactic is to start an auction on a middle of the market high grade coin at a price which is above what most punters are willing to initially punt on, but below market value. I've cashed in on them and been the only buyer at the end. Very often they remain overlooked.

Incidentally, I think that the range and quality of e bay stock has deteriorated significantly this year. Only one of the last 6 coins I've bought, has been from e bay, and that one was part of an unsold collection which Colin Cooke had ~ in desperation possibly ~ put there for a quick sale to shift the stock.

Edited November 21, 2012 by 1949threepence

[declanwmagee]

I think that the range and quality of e bay stock has deteriorated significantly this year. Only one of the last 6 coins I've bought, has been from e bay, and that one was part of an unsold collection which Colin Cooke had ~ in desperation possibly ~ put there for a quick sale to shift the stock.

Very true, '49!

I am constantly struggling to find decent stuff on there these days. I like to stock up on commonish (not dirt common) 20th century stuf in high grade and I'm now finding myself forced back into the 40s, 50s and even 60s. Either that or drop my standards on grade, which I can't do. I'd much rather have nice common coins than older duffers.

[DaveG38]

I think that the range and quality of e bay stock has deteriorated significantly this year. Only one of the last 6 coins I've bought, has been from e bay, and that one was part of an unsold collection which Colin Cooke had ~ in desperation possibly ~ put there for a quick sale to shift the stock.

Very true, '49!

I am constantly struggling to find decent stuff on there these days. I like to stock up on commonish (not dirt common) 20th century stuf in high grade and I'm now finding myself forced back into the 40s, 50s and even 60s. Either that or drop my standards on grade, which I can't do. I'd much rather have nice common coins than older duffers.

I'm an older duffer and I resent being rejected!!

[declanwmagee]

I'm an older duffer and I resent being rejected!!

David, you are a god amongst us variety hunters and have already achieved immortality...

[Peterkin]

I was wondering if there is a premium paid above the UNC value in SPINKs catalogue for copper coins if they have full original color. For instance, here is a really nice looking coin from a dealers site which is described as "Brilliant Uncirculated - A superb specimen,full red satiny mint lustre", A 1895 Half Penny. Spink Cat value for UNC is 70 and the dealer is asking for 150. So why the over double price? Is it normal based on the condition?

Thoughts?

He has to cover the cost of achieving the satiny full red lustre. Lindner carry a range of products