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1919 SLQ On Ebay

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Pillar of the Community
United States
3540 Posts
 Posted 05/14/2012  10:56 pm  Show Profile   Bookmark this reply Add acloco to your friends list
Numismedia indicates $680 for MS64FH & $1410 for MS65FH (which this coin could easily be a 66FH. Look at the shield!

If this was a coin that was good to go....it would be in a slab. I don't know what the price is at right now, as I don't ever use ebay.

There is no way somebody would sell this coin, in that condition, without it being slabbed.

Run Forest......RUN! :)
Pillar of the Community
United States
9792 Posts
 Posted 05/14/2012  10:57 pm  Show Profile   Bookmark this reply Add westcoin to your friends list
Might go MS63 today, looks nice, the color is coming back or it was a very light dip, done properly. Didn't affect the coin in my eyes.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013!
ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2˘ variety collector.

See my want page: http://goccf.com/t/140440
Valued Member
United States
227 Posts
 Posted 05/14/2012  11:20 pm  Show Profile   Bookmark this reply Add donkrx to your friends list
Yeah I agree about it not making sense to be sold uncertified. It makes even less sense that he cracked it out of a slab, I mean honestly if he is stupid enough to tell me that........

Anyway, I would appreciate anyone commenting on specifically why it looks dipped to you. If it looks "off", what should it look like?

I did a lot of looking at pictures when it hit me to check PCGS's photograde library for refrence points. Now I see that it looks way too white. Also, I think the "IN GOD WE TRUST" might be to dull given the lack of wear. Am I on the right track here?

I've spent awhile looking online for examples of "expertly" dipped coins. All I've come across are the bluntly-obvious examples with streaks, excessively thinned coins, massively dulled features, or straight up pitting and corrosion. Needless to say, those pictures haven't taught me much. So if you have anything you can give me here I would really appreciate it.... sorry if this is really obvious to most of you.
Pillar of the Community
United States
7840 Posts
 Posted 05/14/2012  11:42 pm  Show Profile   Bookmark this reply Add oih82w8 to your friends list
I don't think that it is a full head like the seller claims...it's really nice though. I would say MS-62 sounds about right, maybe a 63. I would ask to see the slab insert as well. Any coin that I crack out of it's slab (ands there not too many of them) I keep the information insert.
Pillar of the Community
Canada
987 Posts
 Posted 05/15/2012  12:26 am  Show Profile   Bookmark this reply Add Peter4805 to your friends list
I don't see anything holding this coin back from being MS-65-66. Not sure about FH. Borderline FH anyways. As far as being dipped, it looks original to me but very well could have had a dip. If it's done properly it's pretty hard to tell.
Valued Member
United States
54 Posts
 Posted 05/15/2012  10:23 am  Show Profile   Bookmark this reply Add homerecher to your friends list
If it was dipped how would that effect the grade? Would it always come back details/genuine?
Pillar of the Community
United States
6389 Posts
 Posted 05/16/2012  02:31 am  Show Profile   Bookmark this reply Add Jaobler to your friends list
It looks very nice. The head has a spot of flat detail which might disqualify it as FH. Otherwise the strike looks very strong. Check out the beading around the obverse rim! That feature almost never looks this sharp. The date is also very strong.

The coin appears to have been photographed through the plastic of the 2X2 holder which might be altering the color and luster characteristics. Still, it looks like a solid MS coin with excellent strike, strong luster, and no significant hits. I could see someone cracking the coin out of a holder if they wanted to put in in an album; if the other coins in the album match this one it would be one heckuva SLQ collection!
Valued Member
United States
227 Posts
 Posted 05/16/2012  03:09 am  Show Profile   Bookmark this reply Add donkrx to your friends list
Homerecher, depending on what dip was used and how heavy the damage is, it might not even receive a grade (body bagged). On the other hand it seems that if the dip only serves to remove toning then it is sometimes considered -by the TPG- acceptable. Hence they use the term "improper cleaning" to distinguish between the two.

Also on PCGS' website under their grading standards, it explicitly excludes dipping from the definition of "cleaned" (edit: so long as it only removes toning).... just something good to know in general when buying coins. I know most of you guys that have experience know this, I'm just putting that out there for the newbies/lurkers that might benefit from knowing that. Even more reason to remember that you shouldn't just rely on the plastic case.

So I'm thinking this coin would probably fall under acceptable cleaning (according to PCGS website)?


Quote:
Jaobler "Still, it looks like a solid MS coin with excellent strike, strong luster, and no significant hits. I could see someone cracking the coin out of a holder if they wanted to put in in an album; if the other coins in the album match this one it would be one heckuva SLQ collection!"


Yeah he has a lot of them that look great - not quite as good as this, but really clean and strong luster. They would indeed make an amazing collection and I am super nitpicky in general so once I saw it I had to post and ask you guys what you thought.

I also agree I do not think it is FH (unless a new pic proves otherwise).
Edited by donkrx
05/16/2012 9:10 pm
Rest in Peace
United States
4849 Posts
 Posted 05/18/2012  1:19 pm  Show Profile   Bookmark this reply Add johnny54321 to your friends list
In many cases, a very white silver classic coin is a result of a dip. It is less likely that a 90 year old coin would be stored in a way that would prevent toning for that long....as opposed to a 5 year old silver eagle.

With that said, there are many "dipped" coins in top tier slabs, as long as the dip doesn't significantly eat into the luster or look of the coin. I think this coin could be slabbed, and I would have graded it more like 64-65+ with the booming luster, strong strike and no significant hits. I would prefer a coin like this with more toning, but I still really like this one.
Valued Member
474 Posts
 Posted 05/18/2012  6:53 pm  Show Profile   Bookmark this reply Add FlipOfACoin to your friends list
I once read somewhere that a good 'rule of thumb' is if a coin has an actual value of more than $100 and it is not in a TPG slab, then there is almost certainly a reason why. So, if I am looking around on ebay (doesn't happen often), I keep that thought in the back of my mind at all times.

This coin is not in a slab for a reason and any reason the seller has would probably not be good enough to justify this coin not being in a slab.
Valued Member
United States
227 Posts
 Posted 05/19/2012  05:01 am  Show Profile   Bookmark this reply Add donkrx to your friends list
Could someone give me an idea of what COULD be wrong with the coin that is not evident in the pictures?

I dont think anyone suggested anything other than dipping which shouldn't be a problem / no grade unless it was severe (doesn't seem to be). I also dont expect that it was whizzed because the light reflection seems consistent with photo comparisons, and I dont see any evidence of buildup, dulled features, or hairlines. Am I wrong here though?

There's a 14 day return policy and this guy has 100% feedback (0 neg 2 neutral). If I do decide to go for it I'll just take it to my local shop (NGC certified) and see what they think. At worst I return it and its a cheap lesson.
Edited by donkrx
05/19/2012 05:09 am
Pillar of the Community
United States
6389 Posts
 Posted 05/21/2012  10:25 pm  Show Profile   Bookmark this reply Add Jaobler to your friends list
Final price $355; seems high but could still be a bargain if it's a solid MS piece with no problems. Anybody on CCF win this piece? If so, please let us know what you think when you inspect it in person.
Pillar of the Community
United States
3283 Posts
 Posted 05/23/2012  4:18 pm  Show Profile   Bookmark this reply Add upstate to your friends list
Looks original and MS65 to me.
I think people think it's dipped because it looks so clean and perfect.
And sure I could be wrong but the finish looks great to me.
Valued Member
United States
227 Posts
 Posted 05/24/2012  4:39 pm  Show Profile   Bookmark this reply Add donkrx to your friends list
Well Jaobler all I can say is I did not win this coin. I felt $355 was too high to bank on it being true to the picture (given my inexperience), but I changed my mind anyway to look into a US type set instead of an SLQ set. If I had gone for it I was going to stop around 275-300.

So I cant comment on the 1919 but I did buy a slabbed MS SLQ (FH) coin from this particular seller that looks just as "clean" as this one does. I received it a couple days ago and I will say it has great luster, a FH even PCGS standards, and there weren't any surprise marks on the coin.

The 1919 here might indeed be problem free but honestly it still doesn't make sense to me why its not in a holder. I'd love to hear from the new owner of this coin if they're on CCF...

Valued Member
United States
227 Posts
 Posted 05/24/2012  4:49 pm  Show Profile   Bookmark this reply Add donkrx to your friends list
Another note: I noticed this seller uses blue and orange lighting to take his pictures, and possible some natural sunlight along with that. In one of his auctions I could literally see the blue and orange bulbs in the reflection of the plastic holder for the coin. Blue has a tendency in moderate amounts to make most things look whiter, so its a pretty clever photography trick.
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