Ads
related to: live online coin auctions no reservehibid.com has been visited by 100K+ users in the past month
Search results
Results from the WOW.Com Content Network
Although coins can be bought and sold at a variety of places — including coin dealers, online sites and coin shows — you may actually get the best prices at auction houses. Buying Valuable or ...
The GreatCollections.com website launched in late 2010, facilitating the sale and purchase of coins and paper money in online auctions. [6] It has since become well known for auctioning rare examples of American currency, [ 7 ] [ 8 ] such as the Cigarra Collection, [ 9 ] and a collection of Indian Head nickels that sold for over $500,000.
A no-reserve auction (NR), also known as an absolute auction, is an auction in which the item for sale will be sold regardless of price. [1] [2]From the seller's perspective, advertising an auction as having no reserve price can be desirable (but risky) because it potentially attracts a greater number of bidders due to the possibility of a bargain. [1]
However, online auction sites, unlike live auctions, usually have an automatic bidding system which allows a bidder to enter their maximum acceptable bid. This is a hidden or proxy bid, known to the system, but not any other bidders; during the auction the actual bid is incremented only enough to beat the existing highest bid. For example, if ...
Auction record: $7,050. This rare coin sold for over $7,000 at an auction in 2017 as it has become a collectible item due to the fact that there’s no mint mark. The lack of a mint mark means ...
Other historic US coins have fetched vast sums at auction too. A rare 1794 silver dollar believed to be one of the first – if not the first – made by the US mint sold for $10 million in 2013.
Ads
related to: live online coin auctions no reservehibid.com has been visited by 100K+ users in the past month