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 Replies: 37 / Views: 6,463 |
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New Member
 United States
17 Posts |
Sorry for the delay in posting. Unfortunately my lack of talent wasn't able to easily come up with anymore pics that I could upload for you to better look at. I did finally manage to take the coins to a local coin shop to have their specialist look at it. He openly admitted that he specialized in US coins. After spending a couple hours with the 1948 he said his suspicion was that it was fake but he was far from sure. At this point I'm more interested in knowing than anything else -- I've never knowingly owned a counterfeit coin so my worst case scenario would still be kind of neat :). I also couldn't in good conscience even attempt to sell this thing without knowing it to be genuine. So I forked over the cash to have it submitted to NGC for grading. I'm guessing I should have the results in 7-10 days and I'll let everyone know in detail what they are. Thanks again for all the help. |
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New Member
United States
17 Posts |
I have a bit of an update. The coin shop that allowed me to submit the coin for grading under their account to NGC said they heard back and that the 1948 is real but was cleaned at some point resulting in hairline fractures. Overall good news I think. I'm guessing the 1947 Maple Leaf is real as well though probably suffered the same fate. Looks like I should have the coin back this coming Monday and I'll post full details then and hopefully some updated pics.
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Pillar of the Community
Canada
1354 Posts |
At least they are real. Congrats.
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Pillar of the Community
Canada
3234 Posts |
That's music to our ears..
...but can anyone tell me what the "silver certificates" are and their possible value?
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New Member
United States
17 Posts |
DEVLEC -- I'm by far a rank amateur with this stuff but the gist of it is that at various times the US issued paper silver certificates in various denominations which could be redeemed for that face dollar value in silver. For the most part they look much like regular US paper currency. I believe they took away the ability to redeem them for silver sometime in the 1960's. They are still worth their printed cash value.
For the most part they have no collectable value though there are a few series from various years/denominations that are rare.
Edited by nothing
09/20/2013 10:54 am
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Pillar of the Community
Canada
3234 Posts |
Thanks nothing....There's the answer...  |
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New Member
United States
17 Posts |
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Pillar of the Community
Canada
3234 Posts |
That's very good news and no doubt the same good news for the 47.. You rolled the dice ,..and you won..  |
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New Member
United States
17 Posts |
It may help fund my next bid...I'm pretty sure I spotted a 1914-D penny in a lot coming up :)
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Pillar of the Community
Canada
5324 Posts |
maybe 800.00 to 1000.00 due to detailed grading?
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New Member
United States
17 Posts |
I wish I knew. I'd like to get a fair price but I'm not overly sure what to ask for. I think I'm going to bundle this one together with the 47 ML on ebay with a price tag that I'm sure is too high but with the "make offer" option and see what I get...at least that's the only plan I've managed to come up with so far. honestly I wish I could keep them, these are the neatest coins I've ever happened into. Edited by nothing
09/23/2013 10:01 am
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Pillar of the Community
Canada
5324 Posts |
I guess that's why they say never clean your coins, these are key dates but with this grading its hard to sell. Your bundling idea is a good way to get max value, did the dealer offer you a price?
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New Member
United States
17 Posts |
Anyway, I want to thank everyone on here for your input and again apologize for the limited info I was able to provide. Before I end up selling these off are there any specific photos of parts of either coin etc. that anyone would be interested in for future reference etc.? I can probably take some better photos and give external links to them rather than downgrade the quality for direct uploads here.
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New Member
United States
17 Posts |
John100 I never bothered to ask the dealer. I do a decent amount of dealing with used items and reselling and one thing I learned very early on is that anyone who wants what you have in order to turn a profit will never pay you what someone who wants the item to own/use will. Maybe I'm wrong with coins (not something I'm well versed in)? As far as cleaning, something I learned the hard way long ago. Once upon a time I was a teenager living alone with a need for money so I decided to cash in the coin collection my grandmother had given me -- mostly Morgan and Peace dollars. They were kind of dirty so I went out of my way to take some silver polish to them before taking them to the local coin shop. I still have nightmares about that. |
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Pillar of the Community
Canada
5324 Posts |
There is a 1948 and a 47 dollar with similar detailed grading on ebay for weeks, a great find good luck with the sale. |
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Posted 09/19/2013 5:50 pm
