$460 for an ungraded 1829 Cent?

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$460 for an ungraded 1829 Cent?

Postby Thogey » Tue Aug 05, 2014 10:52 am

http://www.ebay.com/itm/1829-Large-US-C ... 1c41e821de

Can anyone here explain why this happened. Is this some rare variety? I mean it's a nice coin but? :?
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Re: $460 for an ungraded 1829 Cent?

Postby TheJonasCollegeFund » Tue Aug 05, 2014 12:10 pm

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Re: $460 for an ungraded 1829 Cent?

Postby Thogey » Tue Aug 05, 2014 12:41 pm

I just can't see anything special about it.
The pictures are also kinda lousy.

I have a much better example I will be listing soon. I would have been happy to get 50 bucks for it.
I am a bit more optimistic at this point.
If I have the gift of prophesy, and know all mysteries and all knowledge, and if I have all faith, so as to move mountains but do not have love I am nothing. And if I give all my possessions to feed the poor, and if I surrender my body to be burned but do not have love it profits me nothing.
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Re: $460 for an ungraded 1829 Cent?

Postby Rodebaugh » Tue Aug 05, 2014 12:54 pm

No idea why....got me?
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Re: $460 for an ungraded 1829 Cent?

Postby LooseChange » Tue Aug 05, 2014 1:32 pm

Perhaps some of the sellers friends acted as bidders and have been artificially inflating the price?

Creating a false bidding war, hoping some willing newbie will take the bait?
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Re: $460 for an ungraded 1829 Cent?

Postby TheJonasCollegeFund » Tue Aug 05, 2014 2:37 pm

There are different varieties and some are scarce. And even rare in better quality examples. Not sure which one this is but I can tell it has small latters on the reverse. The "1" in the date could be a rare variety. I see the owner of the link I posted has a few 1829's for sale....one listed at $220 and it's no where close to the details of this $460 coin.
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Re: $460 for an ungraded 1829 Cent?

Postby cooyon » Wed Aug 13, 2014 12:41 pm

Shill bidders?
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Re: $460 for an ungraded 1829 Cent?

Postby Thogey » Thu Nov 06, 2014 11:25 pm

If I have the gift of prophesy, and know all mysteries and all knowledge, and if I have all faith, so as to move mountains but do not have love I am nothing. And if I give all my possessions to feed the poor, and if I surrender my body to be burned but do not have love it profits me nothing.
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Re: $460 for an ungraded 1829 Cent?

Postby Rodebaugh » Thu Nov 06, 2014 11:38 pm

worth at least 5 bucks to me to get you started. :)
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Re: $460 for an ungraded 1829 Cent?

Postby TheJonasCollegeFund » Fri Nov 07, 2014 2:28 am

It suddenly got expensive? :wave:
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