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1914-S Half Sovereign

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Bedrock of the Community
sel_69l's Avatar
Australia
21788 Posts
 Posted 02/19/2014  06:49 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
A coin dealer will grade lower, because if he is to buy it, he knows a lower grade should result in a lower buying price.
The opposite applies to a seller.
I understand why the dealer said what he said. He is not a TPG without any vested interest.
Therefore, I don't believe the dealer.
Pillar of the Community
Australia
852 Posts
 Posted 02/22/2014  8:14 pm  Show Profile   Bookmark this reply Add nealeffendi to your friends list Get a Link to this Reply
Without having a close examination in hand it isn't possible to give an exact grading.
But shame on those 2 dealers who called it ChUnc and VF. There is signs of minor wear on the high points so it isn't Unc and the coin is at least a nice EF.
The coin looks AU53-55 so it might possibly end up AU50 or AU58 when it is properly graded.
Pillar of the Community
Learjet's Avatar
Australia
655 Posts
 Posted 02/22/2014  9:51 pm  Show Profile   Bookmark this reply Add Learjet to your friends list Get a Link to this Reply
Thanks guys. Have sold the coin to the dealer as I desperately needed the cash quickly to take my cat to the vet. I noticed the dealer is now reselling the same coin as an Unc.

I just have one question now. How do I become a dealer? lol.
Valued Member
PNC king's Avatar
Australia
444 Posts
 Posted 02/23/2014  07:01 am  Show Profile   Bookmark this reply Add PNC king to your friends list Get a Link to this Reply
don't be afraid to name and shame the dealer learjet
Bedrock of the Community
sel_69l's Avatar
Australia
21788 Posts
 Posted 02/23/2014  07:52 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Learjet: I hope you are able to get your cat upgraded from poor to at least VF! THEN you would have gotten good value for your half sovereign.
Valued Member
GaryN's Avatar
Canada
293 Posts
 Posted 03/21/2014  4:44 pm  Show Profile   Bookmark this reply Add GaryN to your friends list Get a Link to this Reply
I recently took a brand new mint coin that was MS as you can get. The first thing he said when he looked at it was, "how did it get so scratched up?" I learned from then on to never trust him and it sounds like your dealer is much the same. Too bad.
Pillar of the Community
serial's Avatar
Australia
539 Posts
 Posted 03/21/2014  8:33 pm  Show Profile   Bookmark this reply Add serial to your friends list Get a Link to this Reply
my favourite dealer response was when I handed a dealer I had only just meet a 1923 half penny and he looked it over and then asked me "what have you got here?"
I bet you if I had said a penny my grandma left me how much is it worth I would have been offered $50
Pillar of the Community
shanew's Avatar
Australia
1041 Posts
 Posted 03/22/2014  5:51 pm  Show Profile   Bookmark this reply Add shanew to your friends list Get a Link to this Reply
name and shame
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