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1909-S VDB What Do You Guys Think ?

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 Posted 08/23/2016  6:33 pm  Show Profile   Bookmark this reply Add CoinHuntingDrew to your friends list
Not a big fan of the light corrosion, but I'm sure with better lighting and some verdicare, it'll go right away.
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 Posted 08/23/2016  6:52 pm  Show Profile   Bookmark this reply Add GR58 to your friends list
I like it too..

I wonder what it will go for?
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 Posted 08/23/2016  7:03 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list
Thanks for the comments you guys have given .Pros and cons from the community are helpful . But now that half the world knows about this coin the bidding will probably skyrocket . just as well I probably would not be able to afford it at hammer time anyway.
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 Posted 08/23/2016  7:31 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list
Sorry.
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 Posted 08/23/2016  7:44 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list
CHD - I don't see any corrosion here. Some discoloration here and there, but no ED that I can see. Seems a solid mid-VF (but not +++).
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 Posted 08/23/2016  9:55 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list
@Coinfrog, I think CHD is referring to (what appears to be) verdigris on the obverse. In the lettering and on Abe's face.

It's up to $400 with just under days to go...
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 Posted 08/25/2016  09:57 am  Show Profile   Check John77's eBay Listings Bookmark this reply Add John77 to your friends list

Quote:
I don't know anything about Lincoln cents but I do know the #1 rule of coin slabbing: If an expensive coin is not slabbed, why not? You would think that someone somewhere who owned it would have had it slabbed sometime.

The answer is usually one of three:

1. It was slabbed and cracked out to sell raw because someone thought it was undergraded. Any buyer who then gets it slabbed may find out that it was graded correctly the first time and will have possibly overpaid

2. There is a problem with the coin that is not evident in pics (i.e. cleaning, minor surface damage, bent, etc.

3. The coin is fake. Especially with a highly valuable and commonly counterfeited coin.

I'm not saying that any of this is the case but still ask yourself why it is still raw. I would love to hear others' opinions on this.


I've been collecting for 44 years, and personally, I am not a fan of slabs. I would rather collect coins in albums. I've been fortunate to have been going to the same very reputable local coin dealer for 40 of those years. I have bought most of my collection there, including my EF/AU 1909-S VDB, and 1955 Doubled Die Obverse Lincolns. As someone who has studied coins most of his life, I know the diagnostics for these two, and other dates. And my dealer friends there have an even deeper knowledge than I.
CRH Nickeloholic. 1,600,000 nickels searched in eight years! Have found FOUR complete Jefferson sets!
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 Posted 08/25/2016  10:02 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list
@John77, that's fair, but not everyone has the knowledge you have. Also, online purchasing of such coins brings inherent risks that slabs can help alleviate.

I'm not a fan of slabs either, but they do have their usefulness from time to time.

$450 with 1.5 days to go.
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 Posted 08/25/2016  10:13 am  Show Profile   Check John77's eBay Listings Bookmark this reply Add John77 to your friends list

Quote:
@John77, that's fair, but not everyone has the knowledge you have. Also, online purchasing of such coins brings inherent risks that slabs can help alleviate.

I'm not a fan of slabs either, but they do have their usefulness from time to time.

$450 with 1.5 days to go.


I guess you can just call me "old school." I've always been one to "buy the book before the coin." It's good that we have forums like this one so that the less knowledgeable can get help and be steered clear of trouble.

To me, slabs have always been more for the investor than the collector. That said, I do like slabs when it comes to Uncirculated rare date coins as they can help protect the coin from environmental damage.
CRH Nickeloholic. 1,600,000 nickels searched in eight years! Have found FOUR complete Jefferson sets!
Edited by John77
08/25/2016 10:14 am
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 Posted 08/25/2016  12:00 pm  Show Profile   Bookmark this reply Add Saruma to your friends list
I'm not afraid of buying raw coins online as long as the pictures are excellent, the seller has a good feedback rating, and I feel confident I could return it without a major hassle.

This seller has good feedback but I want better pictures. Ones that are more clear, without the haze, and even better closeups. On top of that I'm not a fan of the verdigris around the letters, but that is personal preference.

Posting about it hear did next to nothing to affect the price of that coin. It is listed in the correct category with a clear title. It is super easy to find for anyone interested in one of these coins. The price always jumps up a lot from where it started on popular coins like this.
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 Posted 08/26/2016  1:11 pm  Show Profile   Bookmark this reply Add upstate to your friends list
In his description is say's "Please review 'Larger Pictures' I provided for you".
I don't see those or a link to view them.
It would be nice to get a close up of the mint mark to see the die chip, that would give me a lot of confidence if I was bidding. Also a close up of the 'vdb" would be nice since a lot can be revealed there.
It does look good by the pics but....let just say it's ebay.
I'm no fan of slabbed coins as others have mentioned and have bought some that coins which priced higher than this will through ebay but always after a email conversation with the seller as well as a good reputation (which this seller looks to have).
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 Posted 08/26/2016  5:56 pm  Show Profile   Bookmark this reply Add GR58 to your friends list
Couple hours left .... $485

Is everyone just watching this coin, are are there some bidders ?

I have my S VDB ...I bought mine slabbed.

This seems, to me, to be a good album coin. For a circulated set.
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 Posted 08/26/2016  6:41 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list
CK - Thanks, was not looking closely enough. I think it would clean up. I have certainly seen worse sell for more than this.
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 Posted 08/26/2016  11:21 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list
Hammer price: $625.69. Wonder if it went to anyone here on CCF.

@Coinfrog, I'm happy to send info the other way for once. I've learned a ton from you about U.S. paper money.
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 Posted 08/27/2016  12:24 am  Show Profile   Bookmark this reply Add Earle42 to your friends list

Quote:
I don't know anything about Lincoln cents but I do know the #1 rule of coin slabbing: If an expensive coin is not slabbed, why not?


B/c there are still some of us old timers out here who prefer not to waste the money on something we can evaluate for ourselves. And I think the numbers are larger than what is suspected b/c the people of like mindset are also likely not those with a huge online presence in forums etc. In fact most collectors I personally know are not even on forums (yet!).


If I were an internet coin dealer, the reality of people buying the plastic and then the coin would likely force me to contribute to the TPG business to maximize my own profits.

I just think it is a shame the mindset overall is that a middleman is needed, especially when we have entered the CAC era where people have finally come to realize the TPGs are not as rock solid as they were once promoted to e. Where is all that money people "wasted" on TPG-faith for non-CAC'ible slabs?

I see (opinion) slabs as a side-issue distracting focus from coins themselves. I see (opinion) the TPGs' main purpose is/was to profit through assigning artificial status to a coin submitted by people too willing to part with their money. This is why we continually hear, "buy the coin, not the slab," and why a green sticker means even more money can be expected from Joe Slabbuyer (not me!).

The only time I contributed to the TPGs was to have a few coins slabbed so if anything happens to me, my family will know the coins are not to be dumped at the bank for face value.




How much squash could a Sasquatch squash if a Sasquatch would squash squash?
Download and read: Grading the graders
Costly TPG ineptitude and No FG Kennedy halves
https://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2
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