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Replies: 21 / Views: 3,125 |
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Valued Member
United States
249 Posts |
What happened here? I saw (and thought about bidding on) this coin: http://www.ebay.com/itm/Genuine-180...em20fbc451c9It received 16 bids and SOLD for $1450.00, which was a really good price for the buyer or so I'm thinking. Even w/ "xf details/cleaned" it would still be a good price to be in such a coin as this one:   Now, it's back up for auction w/a "revised" listing and a price $550.00 more than it just sold for! http://www.ebay.com/itm/Genuine-180...em20f9918839Seller's bidder ids are "private" (I hate that myself) so what happened? Surely it would have had to have been the buyer ask to kill the transaction no? Fairly obvious also that the seller had no idea what this coin was worth. Edited by rynegold 05/17/2015 08:25 am
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Rest in Peace
United States
18456 Posts |
Why would you even want to spend big bucks on an unknown slab? Do you know who the TPG is ? 
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Pillar of the Community
United States
2189 Posts |
I just ask the seller if this was the same coin that just sold for $1450.00 See if I get a reply. Quote:Why would you even want to spend big bucks on an unknown slab? Do you know who the TPG is ? As they say,Buy the coin, Not the slab
Edited by jasper62 05/17/2015 08:38 am
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Pillar of the Community
United States
946 Posts |
That just looks like the slabs that you can order out of the back of a CoinWorld magazine
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Pillar of the Community
United States
3343 Posts |
I'd stay away from it based on what look like casting bubbles on Liberty's neck and the shield. Too risky. Who cares about the slab. Buy a coin not a ten cent replica.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
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Pillar of the Community
United States
7390 Posts |
Rynegold, can I suggest Africa... Its much better for big game hunting in the wild than ebay 
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Valued Member
 United States
249 Posts |
Folks the coin's legit; and it is the same coin. As for the "slab" (not!) it's just a plastic holder, nondescript. I just wonder how this sale went down. It's a 2k+ coin easy enough. Cascade! yea but on ebay you can't get "gored"! Well, financially maybe...  Unlike this kid: (stupid foreign tourists!... they think they're pets) http://edition.cnn.com/2015/05/17/u...d/index.html
Edited by rynegold 05/17/2015 11:50 am
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Pillar of the Community
United States
7390 Posts |
Yikes! I wonder if that is going to be the next Yellowstone quarter design.  Here's what I'd do to that bison if it were me  ...
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Valued Member
 United States
249 Posts |
Great... now the seller has ended the second auction as well!
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Moderator
 United States
23522 Posts |
Why do you think the coin is legit? What variety is it?
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Rest in Peace
United States
10625 Posts |
If that coin is not legit it's scary good. Look at the die wear on the reverse from UNITED to the rim. I don't recall seeing that on a counterfeit copy but then I haven't seen any copies other than the obvious chinese junk.
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Pillar of the Community
United States
2189 Posts |
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Pillar of the Community
United States
7390 Posts |
This is definitely a case of buy the seller not the coin. Something fishy's Goin on in Dodge for sure
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Valued Member
 United States
249 Posts |
Dave I just pulled up multiple pages of BIG enlargements from Heritage and spent about an hour making comparisons to previously auctioned 03s and feel it's a good coin. I'm thinking the original winner/buyer asked to cancel the transaction for some reason, and then the seller got cold feet on selling even at his/her "newly revised price" which is still cheap for this coin. I can't imagine why the first winner let the seller off the hook. edit: you do see that the seller's example is a 3/3 variety yes? I don't know much about this series/year but that's got to add some value. edit: Cascade, since you so love a toned dollar (and so do I  ) I'll ask, did you see this? http://www.ebay.com/itm/11166813499...RK:MEBIDX:ITI didn't even know NGC did such as this!
Edited by rynegold 05/17/2015 4:46 pm
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Pillar of the Community
United States
7390 Posts |
Sure they do, multi coin holders are cool when you first realize they exist though. The coins are decent, with the crecent being tops imo but I can't say I'm too fond of the package though. Kinda feels like theyre forcing you to buy all 3 and for that money I would do better. I like the gamble of buying raw personally but I'm a lucky kinda guy. Knowing what I know now I can't believe I've never bought a toner that didn't get into a righteous slab especially when I was starting out. Ccf has refined my pallet in a big way for sure. Now, aything less than stunning or unusual just dosent interest me as much anymore in terms of adding to my personal collection
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Moderator
 United States
23522 Posts |
Well, it appears to the extent the images allow that it matches the pickups for B-6/BB-255, the only Large Date for the year. The recut 3 is characteristic of it, as is the serifed top of the 3. None of the feature locations on the reverse bother me.
Everything else about this matter makes me scratch my head. The coin is horribly cleaned and was obviously once much darker. The technical grade only makes XF during Leap Year. The on-again, off-again nature of the sales is odd. As is the fact that he appears to have missed an "off" because when I looked a bit ago he had it up twice at once in active auctions.
I'm sorta (almost) speechless. Much of what I've mentioned is also known counterfeiter methodology, to mask the other evidence of the counterfeit and settle for an XF coin worth $5-8k rather than risk an AU or better coin getting picked apart in the market.
Just don't know what to think here. This thread needs more Early Dollar people.
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Replies: 21 / Views: 3,125 |