| Author |
 Replies: 27 / Views: 6,155 |
Page 2 of 2
|
|
|
|
Pillar of the Community
United States
756 Posts |
i second getting a professional opinion. it might also behoove you to either do more research or hire an intermediary to help with authentication when buying coins like this. the cost of having a experienced third party verify the authenticity is a small percentage of this coins potential value. you wouldn't buy a car without having it checked by your mechanic or a house without an inspection. this is no different.
there are 4 accepted slabbing companies in the usa. ICG, ANACS, NGC and PCGS. anybody else is just making fancy holders in their basement. that "slab" is the same thing as a cardboard flip in terms of buyer protection and market acceptance.
|
|
Pillar of the Community
United States
1021 Posts |
The good news....All of the diagnostics look good, however it looks like a proof, not an MS striking. There was only 1 die pair that should be considered MS and that is the Snow-3. There appears to be the die chip around the top part of N in Cent, which likely makes this the S-9, the most common variety of the date seen.
Now....the bad news. This coin has been heavily cleaned from the images. In addition to the cleaning, there appears to be either strike throughs or damage on the reverse. Both of these factors GREATLY reduce the value of this coin.
Best I can do with the images provided.
|
|
Bedrock of the Community
United States
11911 Posts |
I think you can do a lot better than this for $14K. I would return it for all the reasons listed above and search more reputable sites for better value.
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.com |
|
Bedrock of the Community
United States
94367 Posts |
RedRaider calls it - this is clearly cleaned, and while I believe it's genuine, I would never have paid $14K for a damaged coin.
Edited by Coinfrog
12/13/2022 6:24 pm
|
|
Pillar of the Community
United States
4233 Posts |
|
|
Pillar of the Community
United States
2286 Posts |
14K for this in a basement slab?  You realize when you know how to think, it empowers you far beyond those who know only what to think.
-Neil deGrasse Tyson
|
|
Pillar of the Community
United States
1021 Posts |
While true that TPGs only grade 1856 FECs as proof, the S-3 variety is widely considered to be the MS striking of the coins. They were the initial batch struck to give out to congress and other dignitaries.
PCGS used to grade the S3s as MS and if you have an old holder with on designated as MS, you can revolver and retain the designation. If you crack it out and submit raw, it will be graded as a proof.
|
|
Pillar of the Community
United States
8521 Posts |
Almost looks like a Brillo Pad was taken to it. What a shame.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
|
|
New Member
 United States
12 Posts |
Thank you for all the replies! Still learning!
I will be taking it to a dealer to see where I stand!
|
|
Valued Member
United States
92 Posts |
Looks good to me. Too bad it's been cleaned. I don't know how much monetary difference a Details grade would be.
Pete
|
|
Bedrock of the Community
United States
94367 Posts |
Belongs in a PCGS or NGC slab. Still pricey despite its flaws.
|
|
Pillar of the Community
 United States
4596 Posts |
For the record, HiBid is an auction platform. You aren't buying ANYTHING from HiBid, you are buying from various sellers running auctions through HiBid. With any platform, you need to carefully understand both sets of Terms & Conditions. Those of HiBid and those of the actual seller. You might find for example, the buyers premium varies drastically. https://hibid.com/home/bidderusertermsespecially: 3. Additional Terms Posted by Seller. and 4. Additional Fees by Seller. -----Burton 50+ year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club Owned by three cats and a wife of 40+ years (joined 1983) Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/ |
|
Pillar of the Community
United States
4692 Posts |
$14k seems high for a basement slab -- no premium over that of a raw coin. If it were me, I'd return it.
|
|
New Member
United States
39 Posts |
in my opinion it is counterfeit
|
|
Pillar of the Community
United States
1502 Posts |
thelenpm
Send an email to gsacoinfraud@gmail.com - these guys would appreciate hearing about your experiences and outcome.
|
|
Page 2 of 2
|
Replies: 27 / Views: 6,155 |
Page 2 of 2
|
First Page
Posted 12/13/2022 2:33 pm
