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 Replies: 16 / Views: 4,427 |
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Valued Member
United States
408 Posts |
I like the details of that coin. Yes, the pits are the pits in this case and it reduces the coin's value. I would pay about 40 - 55 dollars for this coin if I was adding it to my personal collection. If I was looking to flip it, I would purchase it for 20 - 30 dollars max.
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Bedrock of the Community
United States
10982 Posts |
Quote:Coin is being sold on ebay as sharp AU with exposure damage. I was interested in it, then I realized that it could be a Chinese copy coin. Sharp AU? Not. Genuine? Yes. Not worth much at all in that condition. |
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Pillar of the Community
Norway
1358 Posts |
I also tend to believe that it's likely a genuine coin. I would never grade this one as AU, though. And then there's the surface damage on the obverse...
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Rest in Peace
United States
17900 Posts |
Looks genuine. I really hate this type of environmental damage myself, so I'd pass.
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Pillar of the Community
United States
4211 Posts |
Yes, the coin looks authentic and the corrosion is a bummer.
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Pillar of the Community
United States
968 Posts |
This is the kind of coin I'd never buy, but if I found it metal detecting I'd be thrilled at what great shape it was in for an old copper
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Pillar of the Community
United States
3343 Posts |
Why would anyone fake this? Buying ex-jewelry and environmental damage is generally lower risk for countefeits.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
Edited by thq
10/31/2016 3:34 pm
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Bedrock of the Community
United States
94367 Posts |
Genuine, too bad about the damage.
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Valued Member
 United States
190 Posts |
thq..."Why would anyone fake this?" The people who sell these counterfeit coins on ebay or at coin shows do not make them, they purchase them from the Chinese very cheaply in bulk. Despite being cheap, the Chinese counterfeit Large Cents are often very accurate, and can normally fool most collectors who are just looking to fill holes in their coin folders. However, these counterfeit coins all look very similar to each other, so often the dishonest sellers alter the fake coins by doing something to them to help them fool even the more advanced collector. The seller will still make a profit even if the coin sells for less. The idea is to get your money, and get you to accept the coin is authentic and not question it. After all they certainly do not want you to send the coin into be graded or authenticated. |
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Bedrock of the Community
United States
12057 Posts |
100% real, XF (not AU), and too far gone with verdigris and corrosion to save.
Member ANA - EAC - TNA - SSDC - CCT #890 "Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis |
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Pillar of the Community
United States
3343 Posts |
If I needed it to fill a hole I'd go $20 on it. But I'm not bidding against you for it. It belongs in the $5 junk coin bin. It's not worth slabbing unless you want to flip it for $50. Good luck on that.
Dealer has 3 neg feedbacks and none for counterfeits. If you win it, you may get some pushback if you return it.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
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Pillar of the Community
United States
6370 Posts |
$20-30 sounds right. It is definitely genuine.
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Valued Member
United States
321 Posts |
Definitely real.
It's important to know that the Chinese have been playing with their products recently, in ways such as damaging them to pass as genuine coins.
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Bedrock of the Community
United States
11951 Posts |
Genuine
Also think ... to bad about the damage. I have coins like this, with green inside
the pits. I have yet figured out how to get rid of the green without hurting
the coin more.
For me I would have to buy this coin very cheap.
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Bedrock of the Community
United States
20753 Posts |
Always a shame when a coin gets that bad.
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Replies: 16 / Views: 4,427 |
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First Page
Posted 10/31/2016 11:32 am
