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 Replies: 22 / Views: 3,051 |
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Pillar of the Community
United States
2543 Posts |
Quote:
A raw coin for $4000+? A very sought after coin. Littleton has a VG for $5000. Heritage sold a MS67 a couple of years ago for $546,250. This one looks real enough but obviously cleaned. I would say $4000 is about right for this coin in details grade. |
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Pillar of the Community
United States
4416 Posts |
This looks like a fake to me, as does the 1894. I'm skeptical about the CC, too.
On the original 1893-S, there is a dentil positioned squarely below the 1 in 1893. The dentil below the 1 here is off-center.
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Rest in Peace
United States
10625 Posts |
There's an outside chance that the '97-O is real. The rest are definitely chinese junk. Where do these people come from that are bidding on this crap?  |
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Pillar of the Community
United States
5854 Posts |
I wouldn't touch any morgan the seller is selling with a ten foot pole.
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Pillar of the Community
Canada
4944 Posts |
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Pillar of the Community
United States
7618 Posts |
All of the coins he has listed look questionable to me.
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Valued Member
United States
374 Posts |
"A very sought after coin."
My point about it beng raw, was that, if this coin is real, and it is worth $10,000 up or more graded, someone would definitely have it graded these days. The act of having it graded will greatly increase it's value
Just by logic, something is off with the listing. I really can't believe people are bidding on it.
I personally collect lower end stuff, and it does not make much economic sense to grade a $20 coin. It would be hard to recoup the grading fee. There is less of a market to pay $40 or $50 for a coin that would be $20 raw.
However I think there likely is a market to pay a few dollars (or even a few hundred) more on a $1000+ coin to make sure it is real and resellable. Especially a extremely rare mint marked coin.
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Pillar of the Community
United States
7618 Posts |
In these situations the Seller knows very well that the coin listed is a replica. If the Buyer calls him out on it he will just say, "oh I'm sorry, I didn't know (or some crap like that), please return the coin and I'll refund your money". On the outside chance that the Buyer is a newbie, uneducated and wouldn't know a counterfeit from a hole in the ground, the Seller has reeled in his intended target. The Buyer doesn't complain because the Buyer doesn't know what he has been sold. The return clock at ebay is running and may expire before the Buyer finds out he has been shafted. Especially if he sent his ebay "treasure" in for TPG. These type of Sellers know exactly what they are doing and how to work the system to their advantage. ebay lets it happen cause they are raking in huge fees. If the Seller gets busted they just resurface under a new ID. It's a sad situation. |
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Valued Member
United States
320 Posts |
Just for knowledge, why would anyone buy a super expensive coin and not question everything about it? I question $30 morgans. I'm actually in negotiations for a coin thats around $8500. Its graded pcgs and from a huge dealer. I still question everything. Have people look at pics, call pcgs etc. I dont think I could ever scam someone of hard earned money and feel good about myself. Unless it was the scumbag who stole from me and I hope he buys a million fakes.
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Valued Member
United States
320 Posts |
Now I got myself all aggravated again. I hope florida, only the section hes at, gets hit with a tornado for as long as hes there. Just on his property
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Rest in Peace
United States
10625 Posts |
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Valued Member
United States
320 Posts |
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Pillar of the Community
United States
2815 Posts |
westernsky nailed it. This is exactly what happens, and it must happen often enough that plenty of sellers continue to try it. Do you guys remember back in the day when ebay banned fake coins from their site. Man, it only seems like yesterday. Wait....... |
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Pillar of the Community
United States
1748 Posts |
It's definitely fake and there is NO way I would touch a key date of any series not in PCGS or NGC holder.
Edited by DoubleEagle20
08/14/2014 7:23 pm
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Pillar of the Community
United States
2815 Posts |
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First Page
Posted 08/10/2014 8:45 pm
