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 Replies: 52 / Views: 7,557 |
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Pillar of the Community
 Canada
1554 Posts |
 A lot of the coins that Centless acquires is from Snowbirds. For those of you you who don't know what the term Snowbirds is: " Canadian's (generally seniors/retirees) who spend 4-6 months during the winter in Florida." This seller advertises in Newspapers / Resorts / Trailer Parks / Hotels / anywhere and everywhere Snowbirds hideout for their winter getaway! He advertises for the purchase of old Canadian coins from these Canadian visitors and literally makes a handsome profit from 'em. Who knows what he bought this coin for. Maybe he told some unsuspecting 90 year old lady (who's Husband Collected for 50 years+) it was only worth silver melt at 30 cents? Glenn  Edited by glenzy1
03/16/2013 7:42 pm
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Valued Member
Canada
190 Posts |
Yes, I have great faith in and trust your "investigative" nature Glenn...   This guy has made so much money off the backs of unsuspecting sellers and novice inexperienced buyers that it is / should be criminal... Re bidding on ebay nowadays... it's nice to see the past time becoming more popular... but, thanks in part to CCF as well, sad to say the days of "stealth" are long, long gone... :( cameron93 |
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Valued Member
Canada
190 Posts |
 Well, this one's got me on the sidelines now also Glenzy... I usually wait in the weeds to strike at the end with snipes so as not to drive up the price... But on this auciton I decided just to jump in strong to try and shake off competitors and let other buyers know I was going to go all in... Took it up to $4 grand at $500 increments... Obviously that strategy didn't work as there are now 3 different bidders over $6,000 with a day and a half left to go... :( http://www.ebay.com/itm/CANADA-1893...140932557809Take care, and Have a Great Weekend! cameron93 |
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Pillar of the Community
Canada
1554 Posts |
 WOW, it's gonna be interesting to see how she ends. I tagged it at $350.00 just to "watch" the auction with no intent to go higher. I'm guestimating now between $8-10K for this coin. It would be nice to ee what this would come back as from I.C.C.S. or C.C.C.S.? Glenn  |
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Pillar of the Community
Canada
2495 Posts |
I think it's gotten way out of hand, but I'm not surprised either.
I'm not liking this coin, but that's just me.
I hope the winner has some very deep pockets.
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Pillar of the Community
Canada
1192 Posts |
I think the winner of this coin will not be pleased with what they've just purchased.
Surely it will get cracked out and sent to ICCS, CCCS or PCGS. Buyer will realize they didn't get what they paid for (either in terms of the variety, or it being a problem and/or overgraded coin) and go to return it. Except the listing states:
"Removing coin from holder you receive it in voids return privilege"
The buyer will be SOL and the seller will be laughing all the way to the bank.
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Pillar of the Community
Canada
1581 Posts |
ICCS would be able to cross-grade, leaving it in the NNC slab.
I actually have one of these NNC/ICCS cross-grades. A 1896 5c downgraded from MS-62 to MS-60.
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Pillar of the Community
Canada
1192 Posts |
That is very surprising. I thought ICCS would only crossgrade coins from legit grading companies. PCGS is quite selective of the coins they will crossover. The plastic can hide imperfections, especially on the edges.
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Pillar of the Community
Canada
1581 Posts |
One wonders what good the cross-grade is, if it is relying on the original grader.
But, something like this coin may not be consider appropriate for a cross-grade, for the reasons you mention.
But perhaps a quick opinion on cleaning, whether it is genuine, etc., could be obtained to allow the coin to be returned if it is a complete dud.
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Pillar of the Community
Canada
3234 Posts |
....a piece like that has to be seen and examined by hand...it also falls into a "problem coin".
Why isn't that piece selling at Heritage ....?
You've got to wonder about it ...and that grading company too....
I saw an MS65 48 Silver dollar that had all kinds of visible unmagnified marks on the bust ...so what gives with their grading.... a gem can't have visible marks on it...
Don't you guys have "Red Flags" going up on this one..?
Edited by DEVLEC
03/23/2013 3:44 pm
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Pillar of the Community
Canada
4944 Posts |
$7,850 with a little over half an hour remaining.
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Pillar of the Community
Canada
4944 Posts |
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Pillar of the Community
Canada
2495 Posts |
As of today, no feedback yet for either party.
I'm keeping an eye on this one.
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Pillar of the Community
Canada
3234 Posts |
It's very interesting to see the one little spot on that piece (ie: the top of the 3) that's so important to the piece
...is exactly where you really can't honestly see it properly.... and that grading company.....
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Pillar of the Community
Canada
2495 Posts |
Just bringing this post to the top of the page as it's easier to find to compare the two pictures.
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Replies: 52 / Views: 7,557 |
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Posted 03/16/2013 8:40 pm
