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1804 Busted Lady Large One Cent -

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Author Previous TopicReplies: 21 / Views: 4,552Next Topic Page 2 of 2
Pillar of the Community
United States
2602 Posts
 Posted 03/16/2011  3:07 pm  Show Profile   Bookmark this reply Add mycrob to your friends list
Is this answer below really a single sentence?


Quote:

Q: Have you ever taken coin to dealer to see if authentic Mar-10-11
A: no but like I told some one earlier I found it in a storage room we won at a auction and I dont know anything about coins but I took it to a coin shop in the town I just moved from and asked them about it and they said aww its really nothing and offered me a little bit for it but then they were upset when I wouldnt sell it to them for that and he seemed very interested and kept upping his offer but about a year ago id taken some steel pennies and alot of paper money to them silver certificates and quite a few others that they got over on mr about because I later found out they were really worth alot more and they had told me they werent worth anything only because they knew I was nieve to them so I assume thats what they were doing this time because they really wanted them but thats the response I was looking for I had no intention on selling them to them just wanted to see what they said. /quote
Pillar of the Community
United States
1081 Posts
 Posted 03/16/2011  3:55 pm  Show Profile   Bookmark this reply Add DavidZerbato to your friends list

Quote:
Is this answer below really a single sentence?


I was just going to ask the same question, he must have skipped English class and searched lockers instead.

The story is so classic that I would be skeptical if it was in a PCGS or NGC slab.
Pillar of the Community
United States
4417 Posts
 Posted 03/16/2011  5:38 pm  Show Profile   Bookmark this reply Add ExoGuy to your friends list
The reply the seller gave lends credibility to his ignorance about the item ... IMHO, that is. Could he sound any less wary of what he's peddling? If he is scamming, he's thus done a good job of baiting the hook, methinks.
Pillar of the Community
United States
1081 Posts
 Posted 03/16/2011  5:43 pm  Show Profile   Bookmark this reply Add DavidZerbato to your friends list

Quote:
The reply the seller gave lends credibility to his ignorance about the item ... IMHO, that is. Could he sound any less wary of what he's peddling? If he is scamming, he's thus done a good job of baiting the hook, methinks.


True, but I think that many scammers do the same thing with a similar story. Did he get it from some locker he bought, maybe, or could he be playing off some popular TV shows in order to make it seem more legit? If you're not scamming, why state where you found it/got it from anyways, unless you are asked? I've never sold a coin by starting off the description, I found it....
Pillar of the Community
United States
4417 Posts
 Posted 03/16/2011  6:39 pm  Show Profile   Bookmark this reply Add ExoGuy to your friends list
SOLD ... $188, including postage. There were five bidders. Were this item genuine, it'd have garnered well over $100,000. I wonder if the buyer's out celebrating? Ignorance is bliss.

Can't wait to see what this seller posts next ... Maybe, an 1804 $1!
Pillar of the Community
United States
3283 Posts
 Posted 03/16/2011  9:30 pm  Show Profile   Bookmark this reply Add upstate to your friends list
Are there even any examples of red 1804 cents in existence?
Valued Member
United States
380 Posts
 Posted 03/16/2011  11:25 pm  Show Profile   Bookmark this reply Add Newbismatic to your friends list
Good question... I'm also interested in finding out!
Pillar of the Community
United States
1000 Posts
 Posted 03/17/2011  07:20 am  Show Profile   Bookmark this reply Add MINT_MARQ to your friends list
What is ridiculous is that I reported the item as fake....I probably was not the only one.

Yet ebay let the auction continue. For $22.68 ebay turned a blind eye and let a "New" seller scam someone. I use " " because I would bet that this seller sold under a different name that probably has been suspended.

Pillar of the Community
United States
4085 Posts
 Posted 03/17/2011  08:51 am  Show Profile   Bookmark this reply Add KenKat to your friends list
Is it possible that some of these bidders took a flier and knowingly bid on the coin on the very remote chance that it is real?

If you think about it - if you win, and it's real, you just made a mega score. If it's fake, you file a Not as Described with Paypal which you would almost certainly win.

Not something I would try but if you are a high dollar collector with lots of money to throw around, it's a thought...
Bedrock of the Community
United States
14454 Posts
 Posted 03/17/2011  09:56 am  Show Profile   Bookmark this reply Add Bryan1315 to your friends list

Quote:

If you think about it - if you win, and it's real, you just made a mega score.
there isn't a chance its real, so that doesn't even come into play
Rest in Peace
United States
9104 Posts
 Posted 03/18/2011  06:11 am  Show Profile   Bookmark this reply Add biggfredd to your friends list
Is everyone overlooking the 1860 restrikes, which at least lists in numismedia as existing in ms66 rd?

I find it interesting that he sold a 09s LWC and got great FB.

Also interesting that he sold two coins, both of which are very difficult, both of which are in amazing red color, and both of which are in OTC Whitman holders though they'd justify being slobbed.

And always with miserable pix.

Probability of being fake? 99.9999% Hopefully, the buyers check the coins out while still covered by ebay's protection. It would be nice if the sellers would post nice clear pictures here.
Pillar of the Community
United States
1801 Posts
 Posted 03/20/2011  11:48 pm  Show Profile   Bookmark this reply Add jfransch to your friends list
The 1860 restrike was made from a broken obverse die and an incorrect (1820) reverse die and is noticeable with a one quick glance. Even with a blurry picture it would stand out as an 1860 restrike, which by the way are highly collectible. This coin is an obvious fake and looks completely wrong. It is a shame ebay won't let us warn bidders any more.
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United States
16679 Posts
 Posted 03/20/2011  11:52 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list
The Coin World holder alone should throw some red flags up. Scammers always use these to make it look legitimate. I would bet it's a gallery mint copy. $188, someone will learn the hard way.
swcoin.ecrater.com
Pillar of the Community
United States
958 Posts
 Posted 03/21/2011  04:23 am  Show Profile   Bookmark this reply Add coppertop5150 to your friends list
numismedia has a 1860- 1804 restrike ms-66 for 4,500

I wonder if a restrike of the 1804 exist in ms-66 for them to have a price intheir guides?
Pillar of the Community
United States
4417 Posts
 Posted 03/21/2011  12:58 pm  Show Profile   Bookmark this reply Add ExoGuy to your friends list
Restrikes are easy to spot, and IMHO this item was not an 1860's era restrike.

On another note, if a few collectors are willing to pay $180 for a modern replica, maybe someone should start a priceguide for these copies!?
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