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 Replies: 20 / Views: 14,051 |
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Pillar of the Community
United Arab Emirates
557 Posts |
Approach with caution. I've seen quite a bit of scams on CL and this one has no photo. He claims to come from a long line of Numismatists but doesn't give the cert. number. That was a huge red flag for me.
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Pillar of the Community
United States
4901 Posts |
The listing sounds appropriate for a cent on dime planchet and I have seen quite a few similar NGC certified coins
Red flags though....
...actually asking way below its true value. These sell for in excess of $750 and some into the thousands. Makes me think it was obtained by means that were not legal...(theft). Probably why there is no cert number given since it could then be traced.
...Numismatist family? Selling this on Craigslist? Get real....
Buy it if you want a bargain...but don't EVER try to sell it.... unless you have a good lawyer
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Bedrock of the Community
United States
20753 Posts |
Quote:It could be a silver plated Wheat cent in a counterfeit NGC slab. Approach this with caution if this is the real deal he wouldn't be selling the coin on Craigs List he would have it on ebay or in some other auction. Ed ANA LM-3175 Kind of says exactly what I would say. IF real, should have been on a really large, well known place. |
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Valued Member
 United States
243 Posts |
I'm leaning more towards that it might be real just that it's like foxwoods said and it is probably stolen and they are just looking to get a quick buck.
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Valued Member
United States
243 Posts |
He actually just replied to my email with the NGC #2585367-001 and the weight 2.5grams.
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Pillar of the Community
United States
4901 Posts |
Quote:
Date/Info: 1953 S STRUCK ON A 10C PLANCHET 2.5 GRAMS
Denomination: 1C
Grade: MINT ERROR AU 55 Real coin....another vote for stolen |
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Valued Member
United States
203 Posts |
Got my vote for stolen, that's not something that would be normally sold on CL. ebay or HA would be the best for getting the most money for it. I would stay away from this one. |
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Bedrock of the Community
United States
14454 Posts |
from the listing it isn't really a silver Lincoln Cent per say it is just a Lincoln struck on a dime planchet, so it is silver and is a Lincoln Cent but nothing unheard of as there are all types of coins struck on the wrong planchet out there. There are actually some struck dimes with a second strike from a Lincoln Cent out there as well and they are called double denomination coins or 11 cent coins |
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Pillar of the Community
United States
1200 Posts |
Far more red flags than I've seen in a long time... But, to add it all up... 1-"a 1953 S U.S. Silver Wheat cent"; 2-which "is an actual NGC "Certified" coin"; 3-being sold on CraigsList; 4-by the spawn of "a long line of Numismatists"; 5-who knows "how rare coins such as this are." As my teenage granddaughters would say, "Wow!!" I didn't know they piled it that high. In addition, your getting no answer to your emails is the reddest flag of all. This could theoretically be legit, but what are the odds? As always, "Caveat emptor!" |
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Pillar of the Community
1028 Posts |
The cert matches, so it is a real coin.
I don't think it's impossible to sell such a coin on craigslist. I live in the general SF bay area and craigslist is pretty good around here simply because there are so many people. I have attempted to sell a $200 coin on craigslist around here...I say attempted because nobody wanted to give me that price, but I got many responses.
This coin is really not that rare or valuable. No AU cent on dime is worth that much. I also don't know why he's asking 4000. I think that price is high.
It might be stolen. If you meet up with the guy you'll probably know for sure. It's pretty easy to tell if somebody is a coin collector by talking to them. It's just something that can't be faked. You could also use police tactics to determine if they're lying...i.e. like observing their eye position as they recount from memory.
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Pillar of the Community
United States
4901 Posts |
Duh!  I originally read the price as $400 and my previous comments were assuming that price...sorry I have seen similar graded specimens go for $750-1500 and that is on sites with a defined buyer protection policy. At $4000 the only thing I can say is:  |
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Valued Member
United States
90 Posts |
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New Member
United States
7 Posts |
 So. I ran across a strange coin 1953 P weight 2.9 grams color brass on reverse the Obverse is Toned and get this it is magnetic on all sides and edge. What do I have a error or a science project ? Need your help |
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Moderator
 United States
34402 Posts |
@VRM2017, first welcome to CCF. Second, rather than reincarnate this thread by posting a new coin, best practice is to start your own thread. If you feel that your coin is related to this one, then including a reference to this thread is a great idea. Also, a clear pic of the front and back of the coin will definitely help. Thx!
"If you climb a good tree, you get a push."
-----Ghanaian proverb
"The danger we all now face is distinguishing between what is authentic and what is performed."
-----King Adz
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Moderator
United States
188213 Posts |
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Replies: 20 / Views: 14,051 |
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First Page
Posted 11/22/2012 09:44 am
