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Buying Raw Coins On Ebay

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Author Previous TopicReplies: 16 / Views: 4,320Next Topic Page 2 of 2
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 Posted 04/08/2021  6:56 pm  Show Profile   Bookmark this reply Add KenKat to your friends list
Honestly I hardly ever see this on the coins I tend to look at on ebay. Do you have any examples?
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 Posted 04/08/2021  7:27 pm  Show Profile   Bookmark this reply Add Sharkman to your friends list
Don't buy raw uncirculated or "BU" raw coins on ebay. I learned the hard way that you can't tell from a picture if a coin is a slider or "commercial unc." with slight circulation that can't be detected without in hand inspection. I got a real expensive lesson getting burned on raw sliders priced as mint state.
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 Posted 04/08/2021  7:38 pm  Show Profile   Bookmark this reply Add ijn1944 to your friends list
I buy a modest number of coins on ebay and have had very few disappointments. Of course for me, with anything that looks to exceed $150 or so I tend to defer to coin shows and coin shops.
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 Posted 04/08/2021  7:55 pm  Show Profile   Bookmark this reply Add jimbucks to your friends list
Do your homework. Take some chances. I bought thousands of dollars worth of scarce uncertified rare US paper money from Russia back in the early days of ebay....never had any issues. Just received a raw 1900 Layfayette dollar I picked up on ebay, without any regrets.
Edited by jimbucks
04/08/2021 7:58 pm
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 Posted 04/08/2021  9:49 pm  Show Profile   Bookmark this reply Add macmercury to your friends list
Buy from good ebay sellers that also offer return, not everything raw is what you may expected from even good pictures, but its usually close, unless close isn't good enough in some situation.
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 Posted 04/08/2021  10:16 pm  Show Profile   Bookmark this reply Add kanga to your friends list
If a coin is not in an NGC or PCGS slab I ignore it.
EXCEPTION
Once in a long while I'll find a variety that a seller doesn't know about.
I've cherrypicked a few raw coins that way.
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 Posted 04/09/2021  08:13 am  Show Profile   Bookmark this reply Add T-BOP to your friends list
I buy most of my coins raw on E-bay . Unlike kanga I'll only buy PCGS or NGC for a key coin to make sure it is genuine . I never had a problem with coins being copies or replica's that I was unable to detect . As far as problem coins Look at the their photos with eyes of an Eagle and inspect every little detail of the coin that your ready to buy .
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 Posted 04/09/2021  09:09 am  Show Profile   Bookmark this reply Add kanga to your friends list

Quote:
As far as problem coins Look at the their photos with eyes of an Eagle and inspect every little detail of the coin that your ready to buy.

The problem often encountered with this method is the terrible pictures many sellers' posts.
I would really like to send those people a message saying, "Would YOU buy that coin based on your pictures?"
But that would probably get too many complaints and get me axed from ebay.
Edited by kanga
04/09/2021 09:11 am
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 Posted 04/09/2021  1:41 pm  Show Profile   Bookmark this reply Add KenKat to your friends list

Quote:
The problem often encountered with this method is the terrible pictures many sellers' posts.


If the pictures are bad, I just move on. There are plenty of other choices.
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 Posted 04/09/2021  2:55 pm  Show Profile   Bookmark this reply Add Ploopy to your friends list
I personally disagree with the philosophy of depending on the grading services to purchase a coin. Don't limit yourself to PCGS/NGC graded stuff, learn the coin and series you're attempting to purchase, and if you are not confident then don't bid. Alas, the grading services are good for authenticity.

As for what you've said about the Indian cents and FE Cents and the "copy" faintly visible and tooled, can you provide some links? We can tell you if you're being paranoid or not. I have not seen this at all, but I haven't looked too hard in that section of ebay.
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 Posted 04/09/2021  3:02 pm  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
If the pictures are bad, I just move on. There are plenty of other choices.
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 Posted 04/09/2021  7:03 pm  Show Profile   Bookmark this reply Add Ballyhoo to your friends list
I have literally bought in the hundreds of raw specimens on ebay since 1997 and have yet to get burned. Over paying or buying a few below expectations is another thing. Which I alone am to fault there, on occasion the lack of research. Simply because, I have, and do, weigh then carefully examine every purchase upon receipt. And like Slider23 mentioned, I also limit a raw purchase to maximum of $200 that I have yet to reach.
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There are no problems only solutions - the late, great John Lennon
Edited by Ballyhoo
04/09/2021 7:05 pm
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 Posted 04/09/2021  7:30 pm  Show Profile   Bookmark this reply Add kbbpll to your friends list
I have never seen a coin on ebay with replica or copy faintly visible or tooled off. I'd like to see an example of that.

I have spent slightly over $200 on a raw coin once but the rest were under that. Like @kanga, I am looking for specific varieties and occasionally fell into the "just to have one" situation. I pick them if they don't have obvious problems, figuring somebody else will be doing the same if I ever had to sell. Early in my ebay days when I was "uneducated" (OK, stupid), I did get burned on a few, for example one in an NNC slab and you know what that means.
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 Posted 04/11/2021  09:11 am  Show Profile   Bookmark this reply Add just carl to your friends list
I keep away from ebay for coins. I need to see what I'm getting in person.
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 Posted 04/11/2021  11:03 pm  Show Profile   Bookmark this reply Add Reedbeard08 to your friends list
I can't really look at ebay coins with anything but suspicion. As others have said, poor pictures or vague descriptions makes me turn the other way pretty quickly.
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