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 Replies: 19 / Views: 7,258 |
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Moderator
 United States
23522 Posts |
Stop. Wait a minute. Get some perspective. No 1877 circulation strikes were minted. Only 350 Proofs were struck. There were only 350 of these, ever. And this guy's Mom happens to have a "small box of coins" containing one? Figure the odds. I would consider this auction a lottery, and approach it accordingly. If real, the coin is worth well into 4 figures. If not, well, how much money are you willing to throw on a remote chance? I might consider bidding, but ebay is rife with stupid people and I suspect this will go for stupid money. My heart says, "try," my head says "not a chance." |
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Pillar of the Community
United States
1372 Posts |
I was unaware that the 1877 was a proof only....and that changes things a bit. Now we have a real motive to counterfeit. I'd want super high rez pics before I bid on that piece. I wanna see die markers.
Chance
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Moderator
United States
23522 Posts |
Yeah, if you're going to counterfeit a Twenty Cent, this is the one. |
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Bedrock of the Community
United States
17884 Posts |
From what I see, I think it has a fair chance at being real.
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Valued Member
 United States
317 Posts |
Thanks for the input everyone! I think I'll keep watching it and see how high it goes. I have a price in mind, which is lower than I would go for a certified piece. I'll bid on it, and if it goes higher, I'll let it go.
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Pillar of the Community
United States
8904 Posts |
SuperDave has a good point. I would not consider this coin to be a proof quality. And since there were no circulation strikes...  It makes one think... Maybe a slabbed version would be a good idea? |
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Rest in Peace
United States
4849 Posts |
It does look like a real 20 cent piece. Possibly an altered 1875. If I were to bid on it, I would require refund priveleges if rejected as genuine by a TPG. |
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Pillar of the Community
United States
1882 Posts |
To the right of her knees...does the photo or coin look altered, as if the word "COPY" was there at one point in time? Return privilege would be easier to deal with than ebay protection plan. |
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Moderator
United States
188660 Posts |
Interesting. It could be a picture of a real coin, but you have to consider the chance that this is not the coin you would receive.
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Valued Member
United States
317 Posts |
I've since decided not to bid on it. I just don't feel right about it....it's too shady. Maybe I'll think about picking up the 1875 Philly that my local dealer has right now instead. Thanks everyone for all of your help, and sparing me a potentially expensive blunder.
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Pillar of the Community
United States
1372 Posts |
Good observation by Steve199. I messed with the exposure, and there's something going on there alright. Chance  Edited by Chancellor Sutler
03/17/2010 1:45 pm
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Valued Member
United States
462 Posts |
In a mildly unrelated note, I was looking at other 20 cent pieces for sale on the Bay and found this seller rarecoinwholesalersca http://shop.ebay.com/rarecoinwholes...trksid=p4340. Holy crap! Those are some mighty bold BIN prices given the 0 feedback. |
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Valued Member
United States
317 Posts |
After some thought and the input of the forum members, which is always greatly appreciated,I think I was too mean to the 1875-S. Rather than boring, I'm now thinking of it as safe. It's the only 20 Cent that isn't really worth counterfeiting....so it's looking better and better all the time :)
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Bedrock of the Community
United States
14454 Posts |
it being the only coin of the series worth counterfeiting and the seller has no return policy and he says he found it in a box of coins makes you want it? More power to ya I guess I wouldn't want it without some type of guarantee because by the time it got back from the TPG in a body bag your time limit could be up from paypal unless you shipped it out right away. Still more of a chance than I would want to take especially with the added pictures he has added, its definitely been cleaned so getting it in a problem free slab is out of the question. As far as the 8 in the date as a indicator of authenticity, here is a replica that has the same feature so thats not a good indicator to me http://cgi.ebay.com/Replica-1877-Si...ns_W0QQitemZ250584495693QQcmdZViewItemQQptZCoins_US_Individual?hash=item3a57fff64d |
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Bedrock of the Community
United States
14454 Posts |
pinenut, rarecoinwholesalersca is an individual named Steve Contursi that deals in high end coins . I am guessing he is just sparking interest in the coins so people will go to his website to purchase the coins or he is trying to start a new ebay name for some reason. I am sure if you google the name without the ca (probably stands for California) on the end you will see this is the one who purchased the king of siam coins pictured here  What I do not like is they make you create a sign up name to even see the inventory on their site but hey they are probably the same thing you can see in his ebay auctions here |
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Posted 03/17/2010 09:36 am
