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Replies: 20 / Views: 5,096 |
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Pillar of the Community
 United States
3453 Posts |
SSDD, you are correct, it is quite the coin and almost too good to be true...if a business strike. The almost too good to be true is why I have not pulled the trigger yet. RK, yup a 3 cent nickel!  edweather, for the hard to find key dates, business strikes are significantly more expensive than proofs so the authentication would actually be to determine if it is a proof or business strike. I am certain it is authentic so the real question is do I want to gamble on a great deal if a business strike or being underwater if it is a proof. Even with shipping and fees, it would be a great deal if it were a business strike. If it I do get it and it is a business strike, it would not stay in the plastic for long. I would put that puppy in my album next to her sisters. 
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Moderator
 United States
23522 Posts |
Of course it's a 3CN. This is CoinsKelly we're talking about.  Toughie. I don't know how ANACS is perceived regarding 3CN's, and there's a deal of subjectivity in the 3CN Business Strike/Proof differential with a ton of value riding on it. I'd sure like to be in your shoes, though. No feeling in numismatics like this one. 
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Pillar of the Community
 United States
3453 Posts |
Talked to hubby and pulled the trigger. When I expressed concern about being underwater, he asked me what difference does it make since I never sell anything. If I like this coin in hand as much as I like the pictures, I am going to keep it 
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Pillar of the Community
United States
9796 Posts |
I'd think a lot has to do with the submission time, we are just out of FUN show time frame, the TPGs are always busiest right after a large coin show, or after a promotion (ANACS ran their 2 free submissions at the January first time frame) so they are probably pretty overloaded with coins right now.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector. See my want page: http://goccf.com/t/140440
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Pillar of the Community
United States
7375 Posts |
Quote: edweather, for the hard to find key dates, business strikes are significantly more expensive than proofs so the authentication would actually be to determine if it is a proof or business strike. I am certain it is authentic so the real question is do I want to gamble on a great deal if a business strike or being underwater if it is a proof. Even with shipping and fees, it would be a great deal if it were a business strike. OK, thanks, got it! Since you own it now, can we see pictures? 
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Moderator
 United States
23522 Posts |
Quote: Since you own it now, can we see pictures?
She has no choice now. She said something. 
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Pillar of the Community
 United States
3453 Posts |
Ok, here it is. The reason I think it is a business strike is the grease filled areas on the obverse hair and reverse leaves. I have seen grease filled areas on proofs but not to this extent. Additionally, the denticals on the obverse noon'ish are not completely clear and I have seen a lot of those on business strikes. I would feel better if there were a crack or clash but with that low mintage, I have not seen those issues in 1883. 14 day money back guarantee if I do not like it in hand. I forgot about FUN so when I receive it, I will make the call then.  
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Moderator
 United States
23522 Posts |
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Pillar of the Community
United States
9796 Posts |
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector. See my want page: http://goccf.com/t/140440
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Pillar of the Community
United States
7375 Posts |
Thanks for sharing....very nice color. Me likee.
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Bedrock of the Community
United States
17884 Posts |
You also need to consider that right now the TPG's are getting inundated with ASE's First strike and Early release labels
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Pillar of the Community
 United States
3453 Posts |
Update:
I received the coin - I am pretty sure it is...an....impaired proof. In hand the details are much more clear and it has either been cleaned or whizzed. The leaves on the obverse that look like grease filled actually have the full leaf detail. It is not horrible but does not fit with my collection so I will be returning it. I will try to post updated pictures before I return it but my picture taking skills still are not great.
Prethen warned me not too long ago about proofs masquerading as business strikes. His words were rattling around in my head when I clicked "Buy it Now". Thanks to him and all the other members of this forum, I went in eyes wide open, it just didn't turn out as I had hoped.
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Pillar of the Community
United States
7840 Posts |
What I have done in the past is to coordinate with the seller about having a raw coin certified and ask for an extended return time. I purchased a really colorful dime but wanted to ensure that it was "problem free". The seller understood and gave me 30 days. I informed the seller that I would absorb the certification fee and if it came back "problem free" I would of course keep it. If not, I would return it in the holder to the seller for a refund.
Sadly it was a details coin, but I did receive a refund.
Edited by oih82w8 01/22/2015 10:04 am
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Pillar of the Community
United States
7375 Posts |
Yea, it's great when a seller will do that. I had the same experience once and got the refund from the seller, plus some of the grading fees. Sadly recently, I was unable to purchase a coin because the seller refused to back the coin as problem free. That was frustrating, but in a way I can't blame the seller. They would back it as far as authenticity, but stated that that was the risk involved with a raw coin. Hope I'm not taking the thread sideways.
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Pillar of the Community
 United States
3453 Posts |
Quick update - I decided not to send it off because in hand I am certain it is a proof. I am still working on pictures for those interested but I have decided to keep it. Under high magnification I believe I can see the cleaning but with a regular loop it does not bother me too much. I also had a moral problem with sending it back because the listing described it perfectly and it is not horrible, just not the business strike I had hoped. Guess I feel I need to practice what I preach on if you take a calculated risk and lose, then chalk it up to experience. No need to subject the seller to my buyer's remorse. I have taken some calculated risks that paid off handsomely so it is a wash in my book. I have to admit, it looks nice in the album so I do have another hole filled. Thank you everyone for your advice. 
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