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Very Suspicious Coin On Ebay

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Bedrock of the Community
United States
17884 Posts
 Posted 10/13/2009  12:59 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list
Back in the 1970's there were a bunch of Morgan (and a few Peace) dollars floating around on the market that had incredible cameos and DEEP mirror Prooflike fields. These were known as "California prooflikes" They were made by polishing the field of the coins and then applying a fake cameo frost to the devices. A LOT of these California Prooflikes got sold for big money to the know nothing investor types and they have slowly been trickling back out over the years. Someone who had this one probably thought he had a real treasureand sent it in to PCGS and it has now come back in a Genuine slab.

And then there is always the chance that it is a fake slab, but the pictures are taken in such a way that it is impossible to say for sure if the slab is real or not.
Valued Member
United States
69 Posts
 Posted 10/13/2009  1:30 pm  Show Profile   Bookmark this reply Add tenacious to your friends list
Also, he has those small pictures for this coin, but all his other auctions have much better close-up pictures. So it does appear that these far away pictures were intentional, and probably to hide something.

And then to top it off he says no returns on slabbed coins.

Run away fast and far.
Bedrock of the Community
United States
10045 Posts
 Posted 10/13/2009  4:00 pm  Show Profile   Bookmark this reply Add DVCollector to your friends list
I guess it's trouble when coin details cannot be used to authenticate the slab--or vice versa.
One could reasonably ask what's the point of photos at all--if they don't provide any assurances? It's not like returns are an option here. I find auctions like this both amusing and ironic.
Moderator
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United States
16679 Posts
 Posted 10/13/2009  7:51 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list

Quote:
I DO NOT ACCEPT RETURNS FOR SLABBED COINS. THIS IS A SLABBED COIN SO NO RETURNS FOR THIS AUCTION.

Why not? Sorry folks, I'll pass
swcoin.ecrater.com
New Member
United States
2 Posts
 Posted 10/13/2009  7:58 pm  Show Profile   Bookmark this reply Add Don B to your friends list
I bought this coin on ebay last week.
<<<Link by new member removed. Please see the forum rules. Feel free to post pictures when you have the coin in hand. Tights24>>>

It is from the same ebay seller and I bouht it at well below the current market value. After reading some of the concerns above I am begining to worry about my "to good to be true" purchase. I have not received the coin to date. I am new to collecting. Do you think this is purchase is going to be my first learning experience?
Thanks,Don
Valued Member
United States
96 Posts
 Posted 10/13/2009  8:05 pm  Show Profile   Bookmark this reply Add fasteddie to your friends list
Don,
You have return privilege....I would not be AS concerned as with the Morgan....just make sure you are happy when it arrives or RETURN IT!
Ed
Moderator
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United States
16679 Posts
 Posted 10/13/2009  8:07 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list

Quote:
RARE KEY DATE!





DESTINED FOR THE TRUE COLLECTOR!

I just don't care for this guys choice of words. He doesn't know what he is talking about. This is not a key date coin. The 1856 FEC is the key date. Although your coin looks very nice, it throws up red flags to me, not about it's authenticity, but rather, it's originality. Looks like it may have been cleaned at one time. Maybe it's just the lighting as well. Without having in hand, I'm not sure. We would love pictures once you get the coin
to the CCF!


Quote:
Don,
You have return privilege....I would not be AS concerned as with the Morgan....just make sure you are happy when it arrives or RETURN IT!
Ed

Exactly
swcoin.ecrater.com
Edited by vermontensium
10/13/2009 8:09 pm
Bedrock of the Community
United States
10045 Posts
 Posted 10/13/2009  8:14 pm  Show Profile   Bookmark this reply Add DVCollector to your friends list
It's good to be able to inspect the coin and return if dissatisfied.
The coin looks to me a little below BU, but there's an interesting spin on this one.
I think it's a variety--I'll see if I can find out the Snow #. My clue is the "S" in STATES.
Pillar of the Community
United States
2254 Posts
 Posted 10/14/2009  08:01 am  Show Profile   Bookmark this reply Add tights24 to your friends list
Sorry, I didn't see the comments on the next page regarding Don's concerns. Here are the pictures from the auction.



Very-Suspicious-Coin-On-Ebay



Very-Suspicious-Coin-On-Ebay
Bedrock of the Community
United States
10045 Posts
 Posted 10/14/2009  11:54 am  Show Profile   Bookmark this reply Add DVCollector to your friends list
Here's what I noticed on the FE: a broken wing tip, and the misshapen S in STATES.
I've seen this variety before, but as I don't have a FE Snow attribution guide, I haven't found the number.
I don't think this adds a premium to this coin.

Very-Suspicious-Coin-On-Ebay
New Member
United States
2 Posts
 Posted 10/14/2009  8:17 pm  Show Profile   Bookmark this reply Add Don B to your friends list
Thank you all for your input. I'll let you know when I receive the coin. What does "Snow" stand for?
Bedrock of the Community
United States
12437 Posts
 Posted 10/14/2009  9:00 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list
Rick Snow is the author that wrote the attribution guide for Flying Eagle and Indian Head cents, FE and IHC die varieties are designated as S numbers.
New Member
United States
2 Posts
 Posted 10/15/2009  01:05 am  Show Profile   Bookmark this reply Add Don B to your friends list
Thanks again.I'm trying to read and learn as much as I can. I live in a small town with no clubs or dealers,so this forum is a great resource to me.My interest is mostly in key/simi-key Indians,FE's,and Lincoln cents.
I would like to buy a Saint-Gaudens Double Eagle in MS64 or MS65 because they are so beautiful. What date would you guys recommend? I just started this hobby 2 weeks ago,so please excuse my ignorance. I apologize for butting in on your Morgan topic.
Don
Pillar of the Community
United States
2541 Posts
 Posted 10/15/2009  11:35 pm  Show Profile   Bookmark this reply Add Gothic Florin to your friends list
As with a lot of slop that's made in China these days, I'm going to call fake on this one. This is exactly why I don't buy things from ebay. I go to reputable dealers that have been in business for a long time. I may pay a little more, but at least I know what I'm getting is genuine,.
Valued Member
United States
96 Posts
 Posted 10/16/2009  08:00 am  Show Profile   Bookmark this reply Add fasteddie to your friends list
Don,
There is no reason to fear ebay...you be aware and cautious. Red flags are things like 1) private auctions 2) bad pictures when the seller already has demonstrated that they can do good pictures, 3) many negative ratings, and be careful on high value coins...probably want to stay with slabbed coins there, unless you have gotten to know the seller. I can't tell you how many great deals I have made on ebay, sent them to PCGS, and gotten a favorable grade...

Have I gotten junk on ebay? well of course! But I return it! Are there scammers on ebay...YES of course....are there scammers in real life?...

This site is about EDUCATION...need I say more...educate yourself..it will save you time and money...

ebay is great for many modern coins, proof sets, American eagles..many many items are priced right on ebay....have FUN~!
Edited by fasteddie
10/16/2009 08:14 am
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