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Replies: 35 / Views: 4,391 |
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Valued Member
United States
486 Posts |
I know old Tom Reynolds! Nice guy but I would look for a reputable dealer in your area there should be a few shops in the Pittsburgh area. -PP
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Bedrock of the Community
United States
14454 Posts |
I think I would probably send it to ANACS myself also if I were in your shoes because that way it only goes from you straight to the grading company which will lessen the misinformation you may get from a dealer that doesn't know the series very well or a dealer that may be out for himself and try to scam you out of the coin by telling you its worthless when he in fact knows its not (I am not saying its real I don't know the series enough to feel comfortable saying either way). The only thing you have to worry about with sending it to ANACS is maybe the mail losing the package (which doesn't happen as much as one would believe but it does happen) so insure the package as if it were real (because as of right now thats all you know) and once it gets to ANACS they definately won't switch,or take your coin because they will not ruin their reputation (which is built on trust) that they have built up for so long for a couple thousand dollars. Once its authenticated by ANACS or deemed fake you will know for a fact what you have and once its authenticated the price jumps up quite a bit from a raw coin because so few of these things exist and when people see them they have a hard time getting all the fake coins out of their mind and usually just throw your coin in that category with them so the slab from ANACS would ease anyones mind that its real
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Valued Member
United States
486 Posts |
STEP 1: Locate a coinshop STEP 2: Go to Coinshop STEP 3: Ask if Fugio is real/If not get another shops opinion STEP 4: Have shop send it off for grading
Don't make it harder than it is people, its a fairly simple process. -PP
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Pillar of the Community
United States
1130 Posts |
From the NGC website for certified dealers in PA Jim McGuigan Early US coins (Copper, Silver & Gold) 412-247-4484 N. Versailles, PA or Charles Litman Coin Exchange Foreign , US, Ancients, Medals, Tokens 412-261-9000 coinex@aol.com http://www.lbp.com/com/pit/coinexPittsburgh, PA
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Pillar of the Community
United States
986 Posts |
Tom Reynolds is one of the most respected early copper dealers in the country, and you should have no problems dealing with him. If you do feel the need to send the coin in for grading yourself, you could either ship it off to ANACS like everybodyelse is suggesting. Or, if it is possible for you to go the the ANA in Balitmore at the end of the month (or any other large show), ANACS, NGC, and PCGS will all likely be there. ANACS has a table where a couple of the graders sit there all day and give free opinions about authenticity, grade, and whether or not it's worth sending something in.
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Moderator
 United States
23522 Posts |
Quote:Or, if it is possible for you to go the the ANA in Balitmore at the end of the month (or any other large show), ANACS, NGC, and PCGS will all likely be there. If you make the effort of going to the Baltimore show, I flat guarantee that I'll be there, drooling over a chance to hold this coin. 
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Bedrock of the Community
United States
17884 Posts |
Quote: STEP 1: Locate a coinshop STEP 2: Go to Coinshop STEP 3: Ask if Fugio is real/If not get another shops opinion STEP 4: Have shop send it off for grading Step 1 Good Step 2 Good Step 3 Here you have a problem. The typical dealer handles one of these once in a blue moon and has no idea about the varieties (See earlier post that thought it was fake because UNITED STATES was not where he expected it to be.) and he isn't going to have a clue if it is real. I've had dealers who couldn't recognize a colonial/state coin let alone know if it was real.
Edited by Conder101 07/18/2008 11:37 am
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Pillar of the Community
United States
1984 Posts |
I disagree with those imploring a person who is not necessarily a collector to take it cold calling to a local coin shop. It would probably be a colossal waste of time and gas money. Not to mention all of the handling and potential for mishaps that go on. As a former Pittsburgh resident, I know you could drive from N. Versailles up to Monroeville, downtown, or even down to Washington (PA), and you would find maybe 0.63 people with 1/10th as much experience as they'd need to have to approach the authentication of the coin. And even if one of them said, "yeah, it's real," or "No, I am sorry it's fake," what more would you really know? The advice to send it to ANACS delivers a solid first step for determining if this is genuine, and getting it in plastic--even temporarily--is not a horrible idea. The cost is comparable to and maybe even better than a day of driving around the 'burgh. Second-best would be to send it directly to Tom Reynolds--it's a good enough sign that he wants you to send it to him as far as I'm concerned.
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New Member
 United States
16 Posts |
Thanks again for all the help. I called Jim McGuigan in N. Versaille and he was not in but I will keep trying. Jim is located not far from me. I looked up the ANA show in Baltimore and I am thinking about it. My children live in that area so it would work well for me. I will let you all know what I decide.
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Pillar of the Community
United States
1984 Posts |
I take it back--Jim McGuigan might be able to help you if he is still in N. Versailles. I thought he had gone to Virginia to work for a new grading service, but he might be working from home for them.
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Pillar of the Community
United States
5318 Posts |
I envy the guy who gets to look at this coin and give you expert advice. Sometimes coins have a way of suggesting something special at first glance, which is later corroborated by better info--as happened here. It's great to see something you didn't expect, where collector opinion reveals a possible rarity. I hope that's the case here--good luck! 
Edited by KurtS 07/18/2008 1:53 pm
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Moderator
 United States
16679 Posts |
If it's a copy, it's a good one. Has the ever so common off centering of so many Colonial's of the time. Still, interesting conversation piece.
swcoin.ecrater.com
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Pillar of the Community
United States
3499 Posts |
Very interesting. I look forward to seeing how this pans out.
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New Member
 United States
16 Posts |
Hi Everyone! Again, I would like to thank you all for your help and advise. Unfortunately I will not be able to go to Baltimore this weekend. I spoke to Jim McGuigan and he does not have a coin shop but will be at the coin show in Pittsburgh in October. Tom Reynolds will also be in Pittsburgh in October so I am looking forward to going to that show. I will keep you posted on any progress but I am assuming nothing is going to happen until October.
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Pillar of the Community
United States
5318 Posts |
Well, I for one am looking forward to what the experts say--good luck! 
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Replies: 35 / Views: 4,391 |
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