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Coins N Cards Ebayer Makin Out Like A Bandit With His Buy-Dip-Sell Bit

 
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Valued Member
United States
483 Posts
 Posted 02/10/2020  11:47 pm Show Profile   Bookmark this topic Add one_fine_dime to your friends list Get a Link to this Message
We followed some of his antics previously here:

http://goccf.com/t/362578

Essentially, this seller buys coins on ebay with mediocre imagery or unflattering surfaces, dips away, and then photographs under very specific lighting, which I think really makes one wonder...luster or no luster?....original or dipped?

He just made over $1,000 profit on this 1921D Mercury dime!

This is the coin he sold today:
264618714854




This was the coin he bought on Jan 27th:
184149053925
I had added this to my watch list and then shortly after I believe the seller ended his auction listing early, and relisted it with the title "For Mike".


Same coin!

Seller Notes: "Looks to be VF. Please use pics to make your own assessment."
...more like AU!!

Cool obverse die crack trifecta at 12, 2, and 5:30! You can see it best on the original listing's several oblique photos (link to listing above).

So to look at the coin on the initial seller's listing page, what would you say is wrong with the surfaces? Some might say the dipping "helped" this coin. Personally, I'd rather have one with original unadulterated surfaces.
Bedrock of the Community
Australia
16643 Posts
 Posted 02/11/2020  06:24 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
If there is one defensive strategy that I have learned from many decades of collecting, it is this:-

1. You have to learn to grade for yourself.
If you are considering to buy any coin,
that means examining each coin in hand with a 10x loupe, (just as the TPGraders do), before making a decision to buy.

2. Sure, by all means buying slabbed coins is an excellent idea, and in some cases, it is the only way to go, especially so with big ticket modern machine made coins.

Nevertheless, for me, 1. always applies.
Bedrock of the Community
Australia
16643 Posts
 Posted 02/11/2020  06:35 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
If there is one defensive strategy that I have learned from many decades of collecting, it is this:-

1. You have to learn to grade for yourself.
If you are considering to buy any coin,
that means examining each coin in hand with a 10x loupe, (just as the TPGraders do), before making a decision to buy.

2. Sure, by all means buying slabbed coins is an excellent idea, and in some cases, it is the only way to go, especially so with big ticket modern machine made coins.

Nevertheless, for me, 1. always applies.

At least, the seller has asked us to make our assessment, probably to have a (mostly) clear conscience.
Pity I wasn't able to examine it in hand.
Bedrock of the Community
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United States
12952 Posts
 Posted 02/11/2020  07:31 am  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
First of all if those are precise seller photos of that 21-D then that is not what a blast white silver coin is supposed to look like . I can tell this coin has altered surfaces . This isn't even the results of a dipped or over dipped silver coin . How he gets the coin to have an almost foolproof appearance is questioning my knowledge of collecting . After all he fooled 17 bidders with this coin .
Proud Member of The Black Sheep Squadron !
Pillar of the Community
United States
7198 Posts
 Posted 02/11/2020  08:44 am  Show Profile   Check edweather's eBay Listings Bookmark this reply Add edweather to your friends list Get a Link to this Reply
Sow the wind, and reap the whirlwind.
Bedrock of the Community
13014 Posts
 Posted 02/11/2020  5:41 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
The after is an improvement on that one.
Pillar of the Community
United States
662 Posts
 Posted 02/11/2020  9:21 pm  Show Profile   Bookmark this reply Add Ballyhoo to your friends list Get a Link to this Reply
I made the terrible mistake of putting mine in pvc flips many years ago. The bottom set of photos are identical to what happens in a short time. While acetone helped, nearly an entire series has been upgraded. As to the first set, oh what incandescent light bulbs can do. Above all that, I'd be more concerned of it being genuine.
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United States
4087 Posts
 Posted 02/11/2020  10:27 pm  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
That's how coin doctors do to rip people off with good photos, but those hairlines on the obverse pretty much tell this has been cleaned, lighting hides a lot of other problems. Especially spending that kind of money.

The Mercury Dimes Specialist!
Current project: US Dansco 7070 Album
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Valued Member
United States
126 Posts
 Posted 02/12/2020  08:57 am  Show Profile   Bookmark this reply Add jafo50 to your friends list Get a Link to this Reply
Just make sure that you buy from sellers that offer returns if you're not satisfied with your purchase.
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