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Polished Coin Advertised As Proof

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3711 Posts
 Posted 01/02/2021  9:14 pm Show Profile   Bookmark this topic Add jimbucks to your friends list Get a Link to this Message
The seller says it is a proof? The TPG says it is polished. Who do you believe?
https://www.ebay.com/itm/1893-Proof...100008.m2219
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3277 Posts
 Posted 01/02/2021  9:21 pm  Show Profile   Check silverwolf's eBay Listings Bookmark this reply Add silverwolf to your friends list Get a Link to this Reply
perhaps, Grapes can comment on this one, as he works for Julian,,if it is not a proof, it is worth 100-200$ tops..
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 Posted 01/02/2021  9:24 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Out of respect for this long-standing dealer, one of the giants of the trade, I'll suggest this is legitimate even if the target audience is small.
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 Posted 01/02/2021  10:16 pm  Show Profile   Bookmark this reply Add commems to your friends list Get a Link to this Reply
I would suggest that Julian - a dealer I have known, respected and trusted for 20+ years - is keying in on the sharpness of detail found on the coin (e.g., the sails and ship rigging). Such a level of sharpness is not generally seen on MS coins.

I have seen too many "mistakes" made by grading companies over the years to have blind faith in their opinions. They get it correct the vast majoirty of times, but not always. Julian has seen many coins over his long career, I wouldn't casually dismiss his opinion without seeing the coin in hand with my own eyes.

I look forward to any inside insights that can be provided by GrapeCollects.

Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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 Posted 01/02/2021  10:53 pm  Show Profile   Check GrapeCollects's eBay Listings Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply

Quote:
, Grapes can comment on this one, as he works for Julian



Quote:
is keying in on the sharpness of detail found on the coin (e.g., the sails and ship rigging). Such a level of sharpness is not generally seen on MS coins.



Quote:
I look forward to any inside insights that can be provided by GrapeCollects.


Hello, I'll provide what insight I can.

Julian, myself and our manager all agree that this is a proof coin. As commems indicated the details of the devices, sharpness of the denticles, and mirror like fields is what lead us to believe it is a proof. Given that I know you well enough, I could arrange for you to see it in hand if you'd like.
My best finds: 1999-WAM:http://goccf.com/t/332161 1988-RDV-6:http://goccf.com/t/335954#2873459 1986-Off-center: http://goccf.com/t/335952
1999 WAM #2:http://goccf.com/t/338710&whichpage=1
1981 Double Struck In Collar: http://goccf.com/t/350199&whichpage=1
ANA id: 3194067
My Type Set: https://www.NGCcoin.com/registry/co...sets/236574/
If you want to buy something or sell something or just talk, shoot me a PM!
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 Posted 01/02/2021  11:50 pm  Show Profile   Check spruett001's eBay Listings Bookmark this reply Add spruett001 to your friends list Get a Link to this Reply
I might be splitting hairs, but for $20k, I would like to have an appropriately labeled holder.

Is it not worth reslabbing/correcting before selling? Seems it should be for such a rarity...
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 Posted 01/03/2021  12:01 am  Show Profile   Bookmark this reply Add llewellin to your friends list Get a Link to this Reply
That and the fact that a polished coin will probably have mirror-like fields, proof or not.
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 Posted 01/03/2021  12:30 am  Show Profile   Check GrapeCollects's eBay Listings Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply

Quote:
but for $20k, I would like to have an appropriately labeled holder.


We've discussed this with him on many, many occasions. Julian is old fashioned. While he gets the point of TPGs he's not a huge fan. He'd rather keep it in the current holder and wait for a buyer I guess.


Quote:
the fact that a polished coin will probably have mirror-like fields, proof or not.


Well yeah.

I also think it's worth mentioning that I'm not trying to justify everything for him. I've criticized him many times before. The guy isn't flawless.
My best finds: 1999-WAM:http://goccf.com/t/332161 1988-RDV-6:http://goccf.com/t/335954#2873459 1986-Off-center: http://goccf.com/t/335952
1999 WAM #2:http://goccf.com/t/338710&whichpage=1
1981 Double Struck In Collar: http://goccf.com/t/350199&whichpage=1
ANA id: 3194067
My Type Set: https://www.NGCcoin.com/registry/co...sets/236574/
If you want to buy something or sell something or just talk, shoot me a PM!
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 Posted 01/03/2021  12:46 am  Show Profile   Bookmark this reply Add Earle42 to your friends list Get a Link to this Reply
I would trust the opinion of an experienced dealer any day over any TPG.
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 Posted 01/03/2021  04:00 am  Show Profile   Check GrapeCollects's eBay Listings Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply
It is worth noting that we have multiple proof Columbians listed currently, so it's not like we don't have any to compare it to.

https://www.ebay.com/itm/1892-PROOF...100008.m2219

https://www.ebay.com/itm/1893-Colum...100008.m2219
My best finds: 1999-WAM:http://goccf.com/t/332161 1988-RDV-6:http://goccf.com/t/335954#2873459 1986-Off-center: http://goccf.com/t/335952
1999 WAM #2:http://goccf.com/t/338710&whichpage=1
1981 Double Struck In Collar: http://goccf.com/t/350199&whichpage=1
ANA id: 3194067
My Type Set: https://www.NGCcoin.com/registry/co...sets/236574/
If you want to buy something or sell something or just talk, shoot me a PM!
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1270 Posts
 Posted 01/04/2021  11:43 am  Show Profile   Bookmark this reply Add Big-Kingdom to your friends list Get a Link to this Reply
same seller for all 3... I dunno seems a bit pricey. For $15 - $20K I'd think I'd want it straight graded, or called a proof at the very least on the label. My guess is with them being cleaned or polished, the Third party graders are reluctant to call it "proof surfaces" anymore even if it is a proof strike.

it ain't for me regardless though. LOL

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 Posted 01/13/2021  12:24 pm  Show Profile   Check GrapeCollects's eBay Listings Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply
Hey all! Quick update. I got a video of the coin in hand.

5uLtoyTASSo
My best finds: 1999-WAM:http://goccf.com/t/332161 1988-RDV-6:http://goccf.com/t/335954#2873459 1986-Off-center: http://goccf.com/t/335952
1999 WAM #2:http://goccf.com/t/338710&whichpage=1
1981 Double Struck In Collar: http://goccf.com/t/350199&whichpage=1
ANA id: 3194067
My Type Set: https://www.NGCcoin.com/registry/co...sets/236574/
If you want to buy something or sell something or just talk, shoot me a PM!
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United States
624 Posts
 Posted 01/13/2021  1:49 pm  Show Profile   Bookmark this reply Add Bud250r to your friends list Get a Link to this Reply
I think I would crack it out and resubmit it.
No way somebody is going to pay proof money for it
the way it is.
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 Posted 01/13/2021  2:03 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
Confused , yeah me too . In some photos it looks like an EDS MS coin. While in other pics the fields looks like it can be an impaired proof . ( has not had proper holders in it's life ) .
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1654 Posts
 Posted 01/19/2021  11:12 am  Show Profile   Bookmark this reply Add Bret to your friends list Get a Link to this Reply
It sure looks like a proof to me. I'm not a fan of what much of the 3rd party grading services do, but this isn't a coin that I'd buy without it being certified as proof. I think it will be a hard sell. That said, I'm betting the dealer bought it in the holder and is simply reselling it with full disclosure that he disagrees with the grade. You've got to respect that.
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 Posted 01/19/2021  9:45 pm  Show Profile   Check GrapeCollects's eBay Listings Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply

Quote:
I think I would crack it out and resubmit it.


We've had this talk. He refers to himself as Mr.Krabs from spongebob due to his dislike of spending money.


Quote:
That said, I'm betting the dealer bought it in the holder and is simply reselling it with full disclosure that he disagrees with the grade. You've got to respect that.


Actually we received this in part of a collection years back, a few before I even started at the shop. The collection was mainly consisted of high grade
classic commemorative coins and had many of them in both mint state and proof. The coins were all purchased outright and most have sold with the exception of a few proofs and an Isabella quarter, of course not including this.
My best finds: 1999-WAM:http://goccf.com/t/332161 1988-RDV-6:http://goccf.com/t/335954#2873459 1986-Off-center: http://goccf.com/t/335952
1999 WAM #2:http://goccf.com/t/338710&whichpage=1
1981 Double Struck In Collar: http://goccf.com/t/350199&whichpage=1
ANA id: 3194067
My Type Set: https://www.NGCcoin.com/registry/co...sets/236574/
If you want to buy something or sell something or just talk, shoot me a PM!
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