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Warning $46,000 Fake Auction On Ebay 1810 $5 PCGS MS-64

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Bedrock of the Community
basebal21's Avatar
13014 Posts
 Posted 06/16/2012  11:21 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
If I can't verify the coin, is it actually certified?


Good question, I would say no. If I cant verify the label is real is really just a raw coin.
Pillar of the Community
Gyrene7483's Avatar
United States
1704 Posts
 Posted 06/17/2012  01:06 am  Show Profile   Bookmark this reply Add Gyrene7483 to your friends list Get a Link to this Reply

Quote:
This listing was ended by the seller because the item is no longer available.

That is what is at the top of the original ebay listing with David Lawrence as the seller. The coin never sold for $46,900.00. He does show the entire label with the certification number and the number is also stated in the description.

From what I see, David Lawrence probably learned by some means the coin and slab were fakes and returned the coin to the person he bought it from. That individual is now selling the coin himself or maybe it's someone else.

Ed
ANA LM-3175
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ratio411's Avatar
United States
1208 Posts
 Posted 06/17/2012  01:14 am  Show Profile   Bookmark this reply Add ratio411 to your friends list Get a Link to this Reply
Has anyone looked up the cert number from the Lawrence pics where it can be seen?
Maybe it is a counterfiet coin/slab, and now the original owner is trying to sell it?
Valued Member
donkrx's Avatar
United States
227 Posts
 Posted 06/17/2012  01:30 am  Show Profile   Bookmark this reply Add donkrx to your friends list Get a Link to this Reply
Cert from DLRC: http://www.pcgs.com/Cert/25561387/ ... appeared at Heritage Feb 2, 2012 and sold for $29.9K.

Note the fabulous "no returns or exchanges" return policy. The fact that he is using plagiarized images from DLRC is pretty suspect too.. maybe he's planning a bait and switch or something like that. He does not say in the listing that you will receive the exact coin in the image, he just says you are bidding on a one of a kind coin.

Blocking the cert number could just be so that people cant look up the recommended value as easily. I mean its dumb because anyone could still find the price, so it doesn't really make sense, but I can still see someone doing it for that reason anyway.

I'm definitely still confused and perplexed as to what exactly is going on but obviously it would be suicide to bid on it. Yet people still do...
Edited by donkrx
06/17/2012 01:53 am
Valued Member
Australia
243 Posts
 Posted 06/17/2012  01:55 am  Show Profile   Bookmark this reply Add enoilgam to your friends list Get a Link to this Reply
Could it be possible the the seller doesn't have the coin and the picture is just something he found on the net? Maybe he is blocking the number so that people cant trace the auction history?
Valued Member
dooly's Avatar
United Kingdom
348 Posts
 Posted 06/17/2012  05:22 am  Show Profile   Bookmark this reply Add dooly to your friends list Get a Link to this Reply
Would you really list a coin of this value at no reserve and 1 day listing .. .. now pulled
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 06/17/2012  09:59 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
They worked quick on that one.
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