| Author |
Replies: 68 / Views: 5,351 |
|
|
|
Valued Member
 United States
100 Posts |
From raw to graded and everything in between, I buy everything. Recently, I have been very interested in learning about and understanding grading. As a result, I have been accumulating raw coins to send in myself to see the differences in grades and grading companies, etc, in an effort to expand my coin knowledge.
|
|
Valued Member
 United States
100 Posts |
"Hey Shtiv, any time you buy a raw coin on ebay you take your chances and the folks here are right - spend a lot of time learning the basics of grading. Otherwise, buy only graded coins from highly reviewed sellers. Also, as everyone here likes to say - buy the coin not the holder. I always message sellers for more details before pulling the trigger on any coin. Just a few thoughts." - I appreciate the advice! Just a learning process, I have to play detective when buying online, it's not just a matter of grading/quality.
Edited by Shtiv 12/28/2022 7:23 pm
|
|
Pillar of the Community
United States
1515 Posts |
That coin looks nothing like the sellers pictures. Harshly cleaned. Would be sending it back in a heartbeat. Auctionkings is on my seller exclude list.
|
|
Valued Member
 United States
100 Posts |
I absolutely should Eric. I've already dropped off one coin at the post office and headed back to the seller (not AuctionKings). There are few things worse than returning something, whether to a business, and especially to an individual, and I try to persuade myself somehow to hold onto to my purchase/
Edited by Shtiv 12/28/2022 7:31 pm
|
|
Pillar of the Community
United States
756 Posts |
as you get further into coin collecting finding a good coin club is worth pursuing. I'm not sure what your options will be locally but nationally the American Numismatic Association (money.org) is amazing. they offer a ton of educational programs and put on some rather impressive coin shows. they are a non profit that is congressionally chartered so they are as legit as it gets.
coin clubs will put you in touch with people who share your hobby and arent trying to profit off of you. since you seem interested in morgans you will probably find many people with similar interests. morgans are very popular. many of them will have coins they can show you. there is no substitute for seeing coins in hand. coin shows and coin clubs are the way to go if you want to see a lot of coins.
Edited by CarrsCoins 12/28/2022 7:43 pm
|
|
Pillar of the Community
United States
4469 Posts |
Quote:I'm amazed at how sleazy coin dealers are on ebay, a lot of "Just return it if you don't like it". I'm one who does not like to return items, and it's totally rude of businesses to do this all day to individuals, such a tremendous letdown and waste of time. Unfortunately, I keep getting sucked into completely false advertising, completely bogus photos and 99%+ feedback. There are some excellent coin dealers on ebay. Unfortunately, there are some sleazy dealers. The photo that AuctionKings posted is not gradable because it is overexposed with too much light. When you receive a coin with bogus photos or false advertising, you need to return the coin or you are justifying the seller's poor business practice. Until you get a little more experience, post the coin you want to buy in the grading section, and have he members grade the coin. This should get you up to speed faster and make less bad buys.
|
|
Valued Member
 United States
100 Posts |
Great perspective, I'll be opening a return. For laughs this was the title "1879 O MORGAN! ABSOLUTE KNOCKOUT! ULTRA BLAST WHITE BLAZER$$$ SO RARE " and again the photo that was listed: 
|
|
Pillar of the Community
United States
2282 Posts |
You need to educate yourself, that should be your priority. ebay sellers and the likes prey on customers like you, it's unfortunate but true. I understand you've been in this hobby for years, but you haven't developed your eye. It seems you're impatient, which welcomes bad experiences like this if you are not more prudent. A wise collector wouldn't have even purchased a coin like that in the first place, so there wouldn't even be a need to return it.
You realize when you know how to think, it empowers you far beyond those who know only what to think.
-Neil deGrasse Tyson
Edited by NumismaticsFTW 12/28/2022 8:14 pm
|
|
Pillar of the Community
United States
2237 Posts |
Don't feel bad or hesitate to send a coin back for refund. It is wise to buy from sellers that accept returns. Yes it's a hassle to mail them back but in the long run you'll have a better more valuable collection than just keeping a coin you paid too much for. You will learn to usually tell the difference between an honest good photo from those that hide defects, the lighting, shadows, out of focus, etc. The ebay seller you bought from uses misleading pics as evidenced from prior posts about him. Collectors have found good buys on ebay for mint state coins, varieties, scarce to rare and then sent them in to be graded making them worth more. But such collectors have experience and know what they are buying. For beginners it is a good idea to buy some coins already graded by the respected graders, PCGS, NGC, ANACS, etc..
Edited by livingwater 12/28/2022 8:36 pm
|
|
Bedrock of the Community
United States
94367 Posts |
At this point in your learning curve, I would definitely stick to buying graded coins.
|
|
Valued Member
 United States
100 Posts |
"A wise collector wouldn't have even purchased a coin like that in the first place, so there wouldn't even be a need to return it." - One could say that I am being impatient, but I think one could argue that when you see stunning pictures with a description that captivates and you see there is only a minute before it ends and it seems like a great deal, not sure what more I can do on my end. I think one could say I trust ebay and the sellers with 100% feedback and 65k positive reviews. I am definitely interested in hearing ideas on what I could do in the future to mitigate this issue, the only one I can see is not to buy on ebay since I have only photos, descriptions,s and feedback to go off. Not quite sure how I am at fault here. I definitely agree with educating myself, and I'm working on it. I have been a buyer of coins and precious metals for roughly 35 years, but never got into grading or graded coins, mainly purchased raw and for the character.
Edited by Shtiv 12/28/2022 8:49 pm
|
|
Valued Member
 United States
100 Posts |
No fun in just buying graded coins Eric, you got to take some chances in life. 
Edited by Shtiv 12/28/2022 8:51 pm
|
|
Pillar of the Community
United States
4233 Posts |
Provide a link to the listing. The coin in the seller's image is not the same coin in your images. If the listing says "stock image" or has "xx available", etc, then you know you'll get a random coin. You seem to be a sucker for a "great deal", given that this phrase is evident in many of your posts, and no one can cure you of that except yourself.
|
|
Valued Member
 United States
100 Posts |
|
|
Pillar of the Community
United States
4469 Posts |
AuctionKings photos are juiced, and the photos do not represent what the coin looks like in hand. Buying a coin from this seller in a TPG holder or raw is going to be a problem. The seller shows 100% feedback, but has 344 revised feedbacks that ebay has removed. There is one current negative feedback that could have tipped you off not to buy from the seller as noted below: "Sellers photos are not a misrepresentation of what the coins actually look like. He says black and white with mirrors buts it's grossly exaggerated and there is no black look whatsoever. Look up the coins on the verification sites for PCGS and NGC if you want to see what they truly look like. Grade is sound of course but the description is grossly exaggerated and misleading to say the very least. Not sure what method of photography they use but it's done in such a way to mislead how the coin looks".
|
| |
Replies: 68 / Views: 5,351 |