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1836 Capped Bust Quarter - Great Deal Or Scam?

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barryg's Avatar
United States
5856 Posts
 Posted 08/06/2012  08:57 am Show Profile   Bookmark this topic Add barryg to your friends list Get a Link to this Message Number of Subscribers
I happened to run across this one on ebay a few days ago:

http://cgi.ebay.com/ws/eBayISAPI.dl...271027324981

Here are the pics from the auction:

1836-Capped-Bust-Quarter---Great-Deal-Or-Scam?
1836-Capped-Bust-Quarter---Great-Deal-Or-Scam?

The starting bid was $129.99, and I ended up being the only (and winning) bidder. I'm assuming the relatively high starting bid turned off any other potential bidders, but it's also possible everybody else just noticed major problems with this coin that I didn't see. The toning seems a bit odd, and it may very well have been cleaned, but given the amount of detail showing it still seems a bargain at that price (NumisMedia lists a VF20 at $180 and an XF40 at $450).

Obviously, I'll have to wait until I get it in hand to tell for sure, but what do you think? Any major warning flags? Do you think it's even genuine?

FYI, here's the one I currently own and am trying to upgrade:

1836-Capped-Bust-Quarter---Great-Deal-Or-Scam?
1836-Capped-Bust-Quarter---Great-Deal-Or-Scam?
Edited by barryg
08/06/2012 10:53 am
Valued Member
United States
368 Posts
 Posted 08/06/2012  10:22 am  Show Profile   Bookmark this reply Add LowLife to your friends list Get a Link to this Reply
Appears to be F12 - F15 at most......you paid about average price. Appears to be scratches and PMD around date area.
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barryg's Avatar
United States
5856 Posts
 Posted 08/06/2012  10:25 am  Show Profile   Bookmark this reply Add barryg to your friends list Get a Link to this Reply
Are you looking at the example in the ebay auction or my current specimen that I included for comparison?
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jeffrose's Avatar
United States
1432 Posts
 Posted 08/06/2012  10:45 am  Show Profile   Bookmark this reply Add jeffrose to your friends list Get a Link to this Reply
barry . . nice upgrade. I would say high VF details - definitely been cleaned and the scratch through the cap. Nice die cracks 5:00 obv and 9:00 rev. Also between "O" and "F" down through the shield - appears to be die crack, not a scratch.
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barryg's Avatar
United States
5856 Posts
 Posted 08/06/2012  10:56 am  Show Profile   Bookmark this reply Add barryg to your friends list Get a Link to this Reply
Thanks, Jeff. This one is destined for my 7070 album, but I was just concerned that there was some obviously major flaw that I just wasn't seeing (or that it was a fake). I don't mind cleaned coins for my 7070 as long as the details are there.
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muddler's Avatar
United States
7194 Posts
 Posted 08/06/2012  11:04 am  Show Profile   Bookmark this reply Add muddler to your friends list Get a Link to this Reply
It has great detail and should be a nice up grade for you. It remains a hole in my album and I would be proud to have your new one in that hole.
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IndianGoldEagle's Avatar
United States
36800 Posts
 Posted 08/06/2012  11:14 am  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
I would avoid any coin for sale with a photo that has been doctored the way that one has. You won't end up with a bargain, only a headache.
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Gyrene7483's Avatar
United States
1704 Posts
 Posted 08/06/2012  11:30 am  Show Profile   Bookmark this reply Add Gyrene7483 to your friends list Get a Link to this Reply
It's a nice coin that has an old cleaning but still has very nice detail and will fill that 7070 hole quite well. A lot of the Capped Bust coins were cleaned at some point long ago when cleaning coins was not considered a no no.

Ed
ANA LM-3175
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barryg's Avatar
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5856 Posts
 Posted 08/06/2012  11:37 am  Show Profile   Bookmark this reply Add barryg to your friends list Get a Link to this Reply
Sooo....

The general consensus seems to be that it is a nice, albeit cleaned, example (which is perfectly suitable for my 7070 album). Do y'all think that $129 was a decent enough price to pay?

Once I get the coin in hand, of course, I will post better pics...
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IndianGoldEagle's Avatar
United States
36800 Posts
 Posted 08/06/2012  12:46 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
To me that is a $129 gamble that I would not be willing to take.
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barryg's Avatar
United States
5856 Posts
 Posted 08/06/2012  12:51 pm  Show Profile   Bookmark this reply Add barryg to your friends list Get a Link to this Reply

Quote:
To me that is a $129 gamble that I would not be willing to take.

Yup, gotcha. Maybe that's why I was the only bidder. Sometimes, though, you need to take a gamble to get a good deal, and I can afford to gamble $129.

Again, though, keep in mind that I bought this strictly as an upgrade for my 7070 album, where I prize details above anything else (well, other than authenticity, of course). If I were buying it as an investment, I doubt I would have taken the chance.
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IndianGoldEagle's Avatar
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36800 Posts
 Posted 08/06/2012  1:35 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply

Quote:
Yup, gotcha. Maybe that's why I was the only bidder. Sometimes, though, you need to take a gamble to get a good deal, and I can afford to gamble $129.


Barry, think I would have kept the original looking coin you have and spent that money on 4 oz of silver.
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barryg's Avatar
United States
5856 Posts
 Posted 08/06/2012  1:37 pm  Show Profile   Bookmark this reply Add barryg to your friends list Get a Link to this Reply
Yeah, but 4 ounces of silver would look pretty strange in my 7070 album, doncha think?
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Conder101's Avatar
United States
17884 Posts
 Posted 08/06/2012  1:45 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
It's a gamble, but there is no way of knowing whether is was a good one or not until you see it in hand. The only things I can say from those pictures is that it is a B-2 which is an R-2 coins and that it will look nothing like the auction images.
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ExoGuy's Avatar
United States
4416 Posts
 Posted 08/06/2012  1:56 pm  Show Profile   Bookmark this reply Add ExoGuy to your friends list Get a Link to this Reply
A strong VF for a reasonable price. The die breaks are interesting, a plus in my book. Enjoy!
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D0ubl3Eagle's Avatar
United States
5854 Posts
 Posted 08/06/2012  7:25 pm  Show Profile   Bookmark this reply Add D0ubl3Eagle to your friends list Get a Link to this Reply
It appears to be cleaned with around VF-30/35 details. Just checking online, a few of these have sold for around $110.
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