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 Replies: 22 / Views: 4,008 |
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Pillar of the Community
 861 Posts |
After futher investigation, I found this crack-out coin also sold in 2006 at another Heritage auction: http://coins.ha.com/c/item.zx?saleN...0&lotNo=3087What's interesting is the Heritage description, "The devices exhibit only slight wear, but the reverse field is smoothed, and the obverse is whizzed." I can't imagine any circumstance where a PNG coin dealer could miss all that. |
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Pillar of the Community
861 Posts |
Note: In the Questions and Answers at the bottom of the ebay listing we see the following: Q: 2 questions: 1. Has the coin been cleaned or altered? 2. How much do you want for it now? Thanks. A: Hello, Thank you for contacting us. This coin has not been cleaned, we are going to let this auction go all the way. Please feel free to bid on the coin. Let me know if you have any other questions. Regards, Jorge |
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Bedrock of the Community
United States
14454 Posts |
its evident that its the same coin and someone cracked it out. I am not sure it was the seller on ebay that did the cracking since it was almost 2 years ago that it sold on Heritage and allot can happen in that time to a coin. If this dealer has any other coins that can be proven to have been cracked out for sale then it would start to get suspicious to me. We have seen coins listed a couple weeks after they were auctioned off and in those cases we are pretty confident the buyer at Heritage is he seller on ebay and all they did was crack the coin out and list it as problem free. This stuff does happen and we even had a member here (he was a new member but started before this situation came up) that got caught up in their lies about cracking out coins like this and doing the exact same thing. It takes allot of time to sit here and match up coins that have sold at auction in problem slabs because I am sure its way less than 1% of all the coins on ebay that this is happening with. Unless you just see something that makes you suspicious about the coin there is no real need to even start to investigate because chances are it will be a waist of time. We do report every one we happen to find though and that is about all we can do. Have you emailed the seller to see what he said about the coin in question? I have never dealt with this seller but I am guessing since he is a P.N.G. Member he will want to know about it because things like this can tarnish his reputation. Especially when they find he can't detect these types of problems on high dollar coins |
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Pillar of the Community
United States
1704 Posts |
Quote:
allot can happen in that time Definition of ALLOT 1: to assign as a share or portion <allot 10 minutes for the speech> 2: to distribute by or as if by lot <allot seats to the press> a lot can happen in that timeQuote:
chances are it will be a waist of time. Definition of WAIST 1a : the typically narrowed part of the body between the thorax and hips b : the greatly constricted basal part of the abdomen of some insects (as wasps and flies) 2: the part of something corresponding to or resembling the human waist: as a (1) : the part of a ship's deck between the poop and forecastle (2) : the middle part of a sailing ship between foremast and mainmast b : the middle section of the fuselage of an airplane chances are it will be a waste of time. |
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Pillar of the Community
861 Posts |
The seller claims he has no knowledge of this coin having been cracked-out of it's holder. However, since the seller claims to be a PNG member, there is no excuse for him to claim the coin has no problems. As a PNG member, he should be able to easily see that this coin has numerous problems....whizzing, repairs, cleaning etc. Either PNG has no standards or their standards are a joke.
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Rest in Peace
United States
5375 Posts |
Quote:its evident that its the same coin and someone cracked it out. I am not sure it was the seller on ebay that did the cracking since it was almost 2 years ago that it sold on Heritage and allot can happen in that time to a coin. If this dealer has any other coins that can be proven to have been cracked out for sale then it would start to get suspicious to me Exactly, I'd question their motives, but I would not paint this as an immediate red flag JUST yet because of the duration and the fact that its just one coin. When I catch someone doing this with recent coins I know they are a scammer; I've reported them and ebay won't do anything. I even got into a scuffle with one of these guys once who dragged it onto CCF about four years ago, and this guy had the audacity to just keep parroting "grading is an opinion!1"....sigh....some people will do anything to justify their dishonest scamming... |
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Rest in Peace
United States
5375 Posts |
Quote:
The seller claims he has no knowledge of this coin having been cracked-out of it's holder. However, since the seller claims to be a PNG member, there is no excuse for him to claim the coin has no problems. As a PNG member, he should be able to easily see that this coin has numerous problems....whizzing, repairs, cleaning etc. Either PNG has no standards or their standards are a joke. I'd also agree here; I wouldn't sell a $3000+ coin without scrutinizing it to the maximum and making sure its authentic no matter what my first impression of it was (and if this coin literally is garbage, it should have been pretty obvious but I wouldnt know since I didnt look at it on Heritage). At best this is a really careless move but I'm pretty suspicious because I've seen a lot of dealers do this. It's really, really easy money in a bad economy. And its sneaky, hard for buyers to find out (I'd bet only 10% of major sellers who do this are even figured out at all), and not against the rules, technically even though its totally immoral. There's one thing finding a coin with a total nonsense slab grade and not mentioning the BS grade, but there's another thing knowing a coin has problems or being completely careless about it. For instance, I think NGC's grading is a complete joke and they put MS-65 coins in AU whizzed slabs, but this was happening even before they went on the toilet. You'd see guys photographing coins that were blatantly cleaned according to Heritage photographs in a way to hide the cleaning. Worst case scenario is that 20% of the time, the guy returns it. Then they just relist after begging for positive feedback which the buyer is usually willing to give. They may lose $20 on shipping to pay the buyer shipping cost and keep a fake 'top rated' ranking but they often stand to make $500-$2000 per coin. Edited by coinguybrian
10/26/2012 4:25 pm
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Pillar of the Community
United States
1721 Posts |
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Rest in Peace
United States
10625 Posts |
Can any of the mods turn on an auto spell check so we don't have to waist time reading another post about someones' spelling preferences?  |
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Pillar of the Community
United States
1704 Posts |
If you are absolutely sure this coin was cracked out of a details labeled slab then report this seller to P. N. G. and let them investigate him. This probably isn't the first time he's done this sort of thing and should be stopped. Ed ANA LM-3175 |
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Bedrock of the Community
United States
10982 Posts |
Quote:
Definition of WAIST
1a : the typically narrowed part of the body between the thorax and hips
b : the greatly constricted basal part of the abdomen of some insects (as wasps and flies)
2: the part of something corresponding to or resembling the human waist: as
a (1) : the part of a ship's deck between the poop and forecastle (2) : the middle part of a sailing ship between foremast and mainmast
b : the middle section of the fuselage of an airplane
chances are it will be a waste of time.
Reminds me of an old joke.  "A waist is a terrible thing to mind!" |
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Bedrock of the Community
United States
14454 Posts |
Quote:
Can any of the mods turn on an auto spell check so we don't have to waist time reading another post about someones' spelling preferences? I have firefox and it will catch some of my typo's but doesn't seem to catch them all. This English 101 stuff that's going on here on the forum is going to stop though. This "Aint" (go ahead professor, say "aint aint a word") a English class and there is no reason to correct everyone that spells something wrong or doesn't use the correct word that suits the few English professors we seem to have on the forum. One of the main reasons I have typos is because I use two fingers to type, I don't touch type and I try to type fast. Sometimes my fingers hit the keys beside the letter I am trying to hit. The point is that this is a coin forum, not an English class and there is no use for that stuff here on this forum. It upsets me about as much as seeing a member start spouting personal attacks at other members. Its basically the same thing because they are rubbing it in the other peoples noses that they can spell better than the other guy and they are pointing it out in front of everyone else |
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Locked
822 Posts |
Quote:Not knowing the date why would anyone pay more than a quarter for a mintmarked dateless Buffalo nickel. Questions don't get periods at the end. Quote:
Dilema solved, get both. Definition of Dilema: Hmmm..... no listing. Quote:
All of your Morgan's are really nice. Umm.... Try All of your Morgans are really nice.Quote:
Are you looking for a slabbed coin or raw and what condition. Again, questions get question marks, not periods. I could go on easily. These only took about 2 and a half minutes to find. Pot... Kettle... Black. Now how about keeping your grammar police trap shut and talk about coins? Edited by scubu
10/31/2012 11:21 pm
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Rest in Peace
United States
5375 Posts |
....do we have to go into this kind of mildly offensive/annoying axe grinding stuff?
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Moderator
 United States
189759 Posts |
No, we do not.
The next person who finds it necessary to pick nits can take a week off to think about it.
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Replies: 22 / Views: 4,008 |
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First Page
Posted 10/26/2012 01:02 am
