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 Replies: 27 / Views: 3,659 |
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Pillar of the Community
United States
4692 Posts |
Seems to me buying it raw, would be like buying a 2nd hand Rolex off of a street vendor for thousands of dollars without getting it authenticated. Aren't there 3rd parties out there who will provide an escrow for rare coin purchases; basically you deposit your money with them and once the TPG completes their review the money is forwarded to the seller or refunded to the buyer depending on results and the agreement. |
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Pillar of the Community
 United States
3058 Posts |
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Pillar of the Community
United States
3343 Posts |
Reeding?
The pronounced radial flow lines between UNITED and the rim are interesting.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
Edited by thq
12/07/2018 9:08 pm
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Valued Member
 United States
414 Posts |
So I have intentionally withheld information about the seller not to create any bias of any kind. I will also add that my interest in this coin is strictly in my ability to resell it at a favorable margin. Quote:
Seems to me buying it raw, would be like buying a 2nd hand Rolex off of a street vendor for thousands of dollars without getting it authenticated. Not entirely accurate. I know the seller and have dealt with them in the past. They are a very reputable European merchant. Also, if I do get the coin, I have every intention to get it graded; not doing so would be foolish. Quote:
10k+ is a more accurate price IMO if it was real. That would very likely be in a VF details holder I agree with your assessment. That's why I said conservatively value it at 6 to 8k. I have looked over many examples and this by far exceeds anything in this price range. I just don't know if it's legit or not. I find it interesting that no one has either confidently called this a genuine article or a forgery. I've been on this forum long enough to know that forgeries are condemned fairly quickly, which suggests there is something interesting here. Assuming it is authentic, any thoughts on what has been done with this coin? Someone mentioned harsh cleaning/polishing. I lean towards tooling/repair but it can certainly be all of the above type of deal. What I'm struggling are these rims; they just don't look right to me.  As always, thanks to everyone for their input - always much appreciated. |
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Bedrock of the Community
13014 Posts |
Quote:
I find it interesting that no one has either confidently called this a genuine article or a forgery. I've been on this forum long enough to know that forgeries are condemned fairly quickly, which suggests there is something interesting here. The ones you really want to talk to don't post here as far as I know. Burfle23 on CU has done work on early copper counterfeits to name one. Insider2 is a current grader. It's not a knock on the forum as very few people have legitimate experience with coins like that myself included. What I do know though is that it rarely works out trying to flip raw things like that when someone isn't an expert in what they are dealing with |
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Pillar of the Community
United States
2362 Posts |
Quote:
I find it interesting that no one has either confidently called this a genuine article or a forgery. I'm very interested in the outcome of the genuine/forgery discussion and hope that an expert posts here. I have compared this coin to genuine 1793 cents. It looks like an S-3 variety Obverse 3 Reverse C or a good copy of one. The obverse R is high and leaning right as described by Sheldon. The fraction on the reverse denominator shows the 1 closer to the bar than the 00. Sheldon also notes that the reverse is a stronger strike than the obverse. Just my opinion of course  Member ANA and EAC "You got to lose to know how to win". Dream On by Aerosmith |
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Pillar of the Community
United States
8517 Posts |
Looks harshly cleaned but genuine to my untrained eyes. I've looked at examples and I can see no differences.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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Bedrock of the Community
13014 Posts |
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Pillar of the Community
United States
8715 Posts |
Frankly, I don't know much about the series and am not sure whether it is fake or real. I am quite interested in what the "verdict" of this thread will be, however.  Quote:
Burfle23 on CU has done work on early copper counterfeits to name one. Burfle23 is also a CCF member. Edited by SilverDollar2017
12/09/2018 10:27 pm
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Pillar of the Community
United States
7375 Posts |
I would have to assume it's fake, until proven real. Wouldn't touch it raw with a ten foot pole, unless the price was great, and there was a generous return policy where I had time to send it out, and could return it if deemed counterfeit.
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Pillar of the Community
Canada
1267 Posts |
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Also, if I do get the coin, I have every intention to get it graded; not doing so would be foolish. Why would you not follow your own logic and ask why the seller is leaving a coin of this value raw? Would that not make them, in your own words, foolish? |
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Pillar of the Community
Germany
1849 Posts |
Sold for 6600 Euros (+ 18 %).
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Valued Member
United States
414 Posts |
Yep; looks like people were willing to pay fair value for this coin. Quote:
Why would you not follow your own logic and ask why the seller is leaving a coin of this value raw? Would that not make them, in your own words, foolish? This is a European seller and this coin was auctioned. There are far more valuable coins being auctioned everyday in raw condition. Slabs are not as prevalent in Europe as they are here. |
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Bedrock of the Community
13014 Posts |
Quote:
This is a European seller and this coin was auctioned. That's even more suspicious |
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Pillar of the Community
Germany
1849 Posts |
I have been buying from this seller since the mid '80s, with mixed results.
I would not have bought this coin at this auction, even if I had really wanted it.
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Replies: 27 / Views: 3,659 |
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Posted 12/07/2018 7:36 pm
