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 Replies: 23 / Views: 2,591 |
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Bedrock of the Community
United States
10045 Posts |
I'm relieved it's not an 1858/7; the markers are missing. Do you suppose that thing would slab?  |
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Valued Member
United States
186 Posts |
Do you suppose that thing would slab?
Not even maybe.
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Pillar of the Community
United States
4846 Posts |
i bet it would be SGS MS-75- extra points added for great eye appeal and(nonexistent) toning
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Pillar of the Community
United States
592 Posts |
Wow, up to Almost 2 grand.
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Moderator
  United States
16679 Posts |
It would slab, but in a genuine only or problem holder.
swcoin.ecrater.com
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Moderator
United States
16679 Posts |
Wait till the winning bidder takes it to a coin shop, excited of course, and the dealer tells him not an 1858/7 and polished to death, $50 coin at best :-O
swcoin.ecrater.com
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Pillar of the Community
United States
8904 Posts |
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Pillar of the Community
United States
689 Posts |
I could have bought alot moe nice coins with $2550 someone is paying or that FE.
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Moderator
United States
16679 Posts |
It went for $2550! What a shame.
swcoin.ecrater.com
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Pillar of the Community
United States
8904 Posts |
Quote:
I could have bought alot moe nice coins You trying to buy my collection? |
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Bedrock of the Community
United States
17884 Posts |
Quote:
$50 coin at best With that horrible polishing? I wouldn't think it would go that high. |
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Moderator
United States
16679 Posts |
Yeah, maybe your right conder. I was thinking AU coin/polished. Details value. Wait till this guy gets the real news on this coin!
swcoin.ecrater.com
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Bedrock of the Community
United States
12437 Posts |
Quote:
No disrespect intended but I think that coin looks amazing...
and I'm no fan of grading companies or their product
If you think that coin looks "amazing", then you should be a fan of grading companies because that means you have difficulty identifying a harshly buffed coin that is now worth diddly squat. A legit TPG would not slab that coin without a Details Grade and Cleaned descriptor. Grading companies and their slabs help to keep novices from unknowingly buying altered/damaged coins. That same coin in a slab would probably have sold for about 2-3% of the final bid  |
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Bedrock of the Community
United States
10045 Posts |
Quote:
Grading companies and their slabs help to keep novices from unknowingly buying altered/damaged coins.  TPGs help raise awareness of altered coins--and resultant value. I'm not a strict grader, but I do determine a coin's value by the % of original struck surfaces. If you remove 90% of a coin's original surface, what is left? You're left with a shadow of that coin's unique qualities. |
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Moderator
United States
16679 Posts |
Let me reevaluate my assessment of what this coin is now worth....$15 at best!
Novices must learn how to properly assess a coins surfaces and what it really is, and this one was a no brainer to some of us, or this will be the result more often than not.
swcoin.ecrater.com
Edited by vermontensium
02/09/2011 7:45 pm
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Replies: 23 / Views: 2,591 |
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First Page
Posted 02/08/2011 9:10 pm
