How Much Is That Star Worth?

Yesterday I picked up an NGC 64 1923 Peace Dollar for $26.95 plus
shipping. Here is what one eBay seller wants for the same date in the
same grade with an NGC "star" designation:

http://cgi.ebay.com/ws/eBayISAPI.dll...tem=3943352786

He certainly didn't do a very good job of capturing that "Most
beautifully toned Peace Dollar I have ever seen in 50+ years of my
numismatic career" in the auction image.

Take a look at his me page and see how long he's had some of his overpriced
coins for sale. Looking at his feedback he doesn't sell very much, and no
surprise at his highly inflated prices.

$2500 for an extremely common date 64 peace dollar. I don't care HOW good
the toning is. Please.

"Phil DeMayo" wrote in message
oups.com...
Yesterday I picked up an NGC 64 1923 Peace Dollar for $26.95 plus
shipping. Here is what one eBay seller wants for the same date in the
same grade with an NGC "star" designation:

http://cgi.ebay.com/ws/eBayISAPI.dll...tem=3943352786

He certainly didn't do a very good job of capturing that "Most
beautifully toned Peace Dollar I have ever seen in 50+ years of my
numismatic career" in the auction image.

I sometimes wonder if there are dealers that make ridiculus claims like
this with inflated prices to see who they can catch then later, under a
different identity, sell off the stuff they can't dump on a sucker for
what would be the real going price.
Oh, I am not accusing this seller of doing this. Bernie.

LM5403 wrote:
Take a look at his me page and see how long he's had some of his overpriced
coins for sale. Looking at his feedback he doesn't sell very much, and no
surprise at his highly inflated prices.

$2500 for an extremely common date 64 peace dollar. I don't care HOW good
the toning is. Please.



He does not have to sell very many of these coins at that markup to make a very healthy
living.


--
George D
Phoenix, AZ
AAA, AARP, ANA, EAA, NRA, RCC ?+1, PIA, PIAAZ, GATF 85006-3032-18-4


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"George D" wrote in message
...
LM5403 wrote:
Take a look at his me page and see how long he's had some of his
overpriced coins for sale. Looking at his feedback he doesn't sell very
much, and no surprise at his highly inflated prices.

$2500 for an extremely common date 64 peace dollar. I don't care HOW good
the toning is. Please.



He does not have to sell very many of these coins at that markup to make a
very healthy living.



True. I'd also caveat that with "to newbies".