I'll second that.  I'm sorry it came at your expense, and I appreciate the graciousness.

Hey, you never know, with the way ANACS is going with these grades lately, you might get one sooner than later, for less...

Congrats Mitchell... you'll enjoy this coin, it's a very pretty piece in MS-68, and I'm sure Panthers will miss it...

Elianite and I settled this via PM, to I believe both our satisfaction.  We negotiated a deal for what I think is a more fair price for the coin, and, more importantly, includes a copy of his upcoming book which I'm quite anxious to see... 

The final price was indeed higher than the auction end, but it will be kept private at both our request.  The next public sale can happily establish the market.  Or not...

As I said in our PM exchanges, the way it ended felt like it was Game 7 of the World Series, one team up 1-0, and the game was declared over in the 8th inning on account of rain.  Not the way you want to end something exciting, as it should have happened.

Elianite is a stand up dude, and I have no issues with him, or the way this was eventually handled.  And no, I'm not saying this because I ended up with the coin either. 

Wow, I agree, $200 is a tad high for raw, even after they take their 13% "ransom".

If you're looking for one graded, TookDk had (still has?) an MS-67 for sale in his thread (too lazy to find and link it) for I think 1.0BTC.

No matter which way I respond, I'm damned if I do, damned if I don't. 

If I don't agree to extending the auction and argue that by the stated rules technically I won, I'm perceived a sore winner and a prick because I am seen as trying to preserve an auction win for a coin that sold for even what I agree is a good deal below probable market value.

If I do agree to extend it, I stand a very good chance of losing out on the coin completely.

At any level, I object to a full 24-hour extension.  To me, that feels like the auction didn't end where you wanted the price to, so you're adding on hoping that others will jump in in this extended period and get you more for the coin.  This was an auction.  When you auction, you are gambling and risking both sides - you could get more than you hoped, or you could get less than you hoped.  If you wanted a better guarantee for the former to happen, list the coin for a higher start, and put a reserve in, and make it a 5- or 7- day auction.  That part isn't my fault.

In the end, whether I or anyone else agrees with it or not, it is your auction and your terms.  Do with it what you wish, and I will abide by the decision either way.

I'll pop it up to 0.32 and see where it goes. 

Oh, no disagreement there at all... Realistically it should be worth much more. 

Btw, I'm good if you want to not sell it at the low price, and wait and re-list it at another time when the market is better.  But, I'm also good with making good on the bid at that price

I agree with hellot, the market is kinda saturated at the moment, smoothie's been on a spree lately so it's definitely a buyers market.

I'll bump it to 0.3BTC, maybe it'll spur some folks to at least get to your reserve price...

I'll bid 2.17BTC

I've updated my OP (post #2 in thread) with my current list of wants and what I have available for sale/trade.

I'm looking for any coins in series #001, 009, 011, 027, 028, 029.  Willing to trade or sell anything else I have, make an offer.

This is certainly a nice coin and the only one I've seen in this grade(so far). For brass, it's very good.

However, please spare us some agony and have a clue about the current market, especially noting the difference between the price of BTC in July 2013 when this was sold and now.  Back then 1BTC was around $90, and now it's over 3x that.  

I'd estimate the market price should be about 6.5BTC for it, based on current BTC value as well as the fact that MS-66 versions command roughly 5BTC in today's market, and MS-65 can be had for under 4BTC  Granted a 67 for brass is very good, but grades have been coming back higher lately so this most likely will not soon be the only of its kind.

Edit: and you're right AT, I didn't originally notice the mark on the B.  Hopefully it's just a mark on the slab, but if its on the coin this should be a much lower grade, and my 66 should then be a 68...

I'll add to the sales list.

2011 1BTC error, MS-66, 5.2BTC, purchased in May this year
2013 0.5BTC, MS-67, 1.75BTC, purchased July this year
2013 1BTC brass MS-65 + 2013 0.5BTC MS-67, 2.5BTC for the pair purchased May this year
2013 1BTC silver, raw, 2.55BTC won in auction April this year (coin currently at ANACS)

If they're in flips I'll transfer them to a plastic 2x2 snaplock holder (lighthouse, BCT, etc), or if they're in an airtite already I'll leave it in there.

They say to put them in 2x2's, but I've never been comfortable with them, especially with proof coins.  The thought of rubbing in the flip during transit just cringes me out.

However, be noted that whatever you send them the coins in, you will never get back, so it's a loss.  Some folks submit in such bulk that they can't afford to do the airtites or plastic holders as it's too expensive, but for just a few coins I like the extra protection.

Correct.  You crack the slab on your own and resubmit the raw coin.

They may, or they may not.  I don't know what information ANACS keeps in their database, whether they'll record the firstbits or not.  But either way it doesn't matter.  Why does ANACS (or any of them) care if the coin was submitted 1 time or 100 times?  They'll grade it 100 times, and give you the same grade 100 times, or not.  They still get paid 100 times...

Also, while ANACS the company might keep a record, chances are the graders won't remember a particular coin or address unless it's particularly memorable (1BTC1234 for example).  Remember there's many graders, each coin sees usually at least 2, as many as 5, and they go through so many coins they won't remember seeing a coin again unless it's back the same or next day to the same exact grader.  A grader may see well over a hundred coins in a single day (at our coin service level), they usually take less than a minute for each coin then pass it onto the next grader for their input.  The graders keep notes only enough to make their grade scores, and verify the bits are correct.  The labels are done by a different department completely, who then enter whatever info is needed into the computer systems.

Figure this - suppose you had the coin graded, then you sell it.  The next person doesn't like slabs and cracks it out and puts it in an airtite or an album (don't laugh, this happens all the time with "regular" coins, there are people so anti-slab they'll crack them and "free them" from the "plastic jail" they are in).  Then he sells it to someone else, who wants it graded.  They send it in and it gets graded again, getting the same grade.  ANACS doesn't really know if it's the same person submitting the same coin or not (could be your local coin dealer doing it for you, etc), and again, probably doesn't care.

For anyone looking to keep the coin in their collection, I'd agree with you, it generally doesn't make much sense to crack and resubmit - just buy the higher grade in the first place.  That is, unless it's a really rare expensive coin which you can't afford the higher grade.  This is common - I've cracked coins when the difference in the next grade up is several hundred dollars, hoping I've judged it correctly and it will grade higher and I don't have to spend the difference.  Many people do.

But, anyone cracking a slab isn't really concerned about the guarantee.  They're purposely gambling to try to get that higher grade.  The guarantee is worthless to them at that point.  If they are sure it will grade better they'll do it and if it works out it's usually very rewarding when sold.

Me as well.  I've successfully cracked and resubmitted many coins.  One time turned a $300 coin into a $1500 coin after it came back a half grade higher.

I always crack myself and re-submit raw, and I recommend it to folks instead of sending it still in the slab.  However, it's extremely easy to damage a coin doing it yourself, so it takes practice - do it on a cheap ass coin first...   .  I've caught the coin on a jagged piece of the slab a few times, sometimes getting lucky and other times paying for it dearly.  Just gotta be patient and careful...

All coins are removed from their holders (slabs, 2x2's, airtites, whatever) before they get to the graders.  This prevents any bias from a lower grade, or from a competing company.

Slab cracking and resubmitting is very common.  And you'd be surprised how effective it can be. 

My guess is two things:

1) As more coins come through, each series develops its own reputations for grading.  Things that initially may have been seen as detrimental to grade - poor plating, poor die strike, nicks in certain areas - are now accepted as "common" to a series, and thus are not causing as much of a hit to the overall score

2) Graders are human and have their own opinions.  Typically coins will pass multiple graders with each their own notes.  At the end there may be more of a consensus for a higher grade than not, and they may choose to award the higher grades in general.

Oh, and finally, more recent higher grades will tend to make people with older coins re-look at them and re-submit them to chase a higher grade.  Win-win for the grading company, more business, more profit.

Remember folks, it's a business at the end of the day.  Higher graded coins will spur higher prices, and higher market volume.  Everyone and their brother will then want their coins graded to try to get the best grade, and the best resale.

Depends on the wallet?  Or maybe I never really checked into it too much.

I run Bitcoin core as my wallet. Every time we hit a block my balance didn't increase until all confirmations  were done.  Now maybe the funds were "there" before but didn't show and I just didn't know how to discern the difference?

Typically 12-18 hours after a block is found, as it needs to go through full confirmations before payout.

Coin received as usual in great condition, packaged well.  Excellent communications throughout, nice smooth transaction.  Thanks!