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Replies: 14 / Views: 1,529 |
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Rest in Peace
United States
5375 Posts |
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Pillar of the Community
United States
1150 Posts |
That is a nice coin!
I gotta say, I like your selling style; Free shipping AND a 14 day return policy.
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Bedrock of the Community
Australia
21786 Posts |
I was never really into top condition coins, although I clearly recognise the extra desirability of them.
With the way I collect, which is coins from all cultures and centuries, you just have to be satisfied with what ever comes along.
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Moderator
 United States
23522 Posts |
Truth?
It's a relatively-high condition, fairly common-date coin (the highest mintage in the entire series, and one of only 5 total mintages of over 10 million) with sharp photographs that show a huge ding in the arm on the obverse and below the S in STATES on the reverse. Those mean, without a doubt, it's been in circulation - that stuff doesn't happen at the Mint. Furthermore, the presentation of the photographs (to me) casts doubt about the originality of the surfaces, regardless of true originality.
I cannot understand why you've had so few views. But, for my bidding money based on the information offered in the auction, I'd think AU55 (if original, grade lowered for the dings) and a slabbed value well under $200. And I don't think it's original.
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Valued Member
United States
123 Posts |
At that price point a lot of people will demand it to be slabbed. I for one am not comfortable buying a coin at that price level without additional assurance.
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Rest in Peace
 United States
5375 Posts |
Youre right about the ding, it really doesn't look that bad in hand though. I never noticed it but you may have a point that its coming out too much in the photos. It hasn't been cleaned or anything, I think thats just because of the toning scheme. Its definitely an original coin IMO and its better than the AU-55's I've handled...but that still doesn't explain the lack of views. Which is really weird, because I have like 5 watchers and 100 views on this cleaned up AU capped bust half.
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Pillar of the Community
1028 Posts |
I agree with superdave, this coin is not MS and therefore would be way over-priced. I know you have a best offer option, but in my experience that thing doesn't work. I believe people automatically think that only values close to BIN will get excepted and don't bother. This coin probably wouldn't sell above $200. The other problem is the market. I'm sure there are some, but I don't personally know a single person who collects Seated quarters as a set. If they would, they wouldn't want to pay for a higher quality piece when much of their other coins are well circulated. There are the people looking to fill their 7070 slot. This coin wouldn't likely get chosen though. It's not nice enough for the connoisseurs and it has a poor color and difficult grade for the hole fillers. Lastly, it's also a buyer's market in general right now on most series. I'm just afraid the coin misses on all counts and is one of those pieces that's just not gonna sell unless you accept a moral loss on it's price. I have a few of those right now that I'm selling for about half to 2/3 its fmv price. edit..to say that the other 3 Seated quarters are going to have some of the same problems and are also overpriced. One is corroded and all three are overgraded by tiny little bit and in their grade range there are huge jumps in value. Each is worth approx 25% less than your BIN price and like I mentioned earlier, I wouldn't count on someone making a good offer, people ignore that thing.
Edited by hesgut 12/03/2011 7:29 pm
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Rest in Peace
 United States
5375 Posts |
I'll agree to disagree with you on the over-grading/corrosion; I've seen many coins with weaker detail than the XF+ one I have up even in AU-50 slabs and I try very hard to grade carefully. It might be that I tend to look for specific markers and luster rather than overall detail. I'm just not seeing the wear on this coin; I at first was of the opinion that it was a high AU, but after looking at it under the light I did not see the typical light wear on the eagles legs that seems to be the first sign of abrasion.
Does the coin look really that bad and dull in the photos? It's all 'flashy'/loaded with luster in hand and has a lot of golden toning. A little prooflike too. I had thought the photos were good, but it looks like I was mistaken. But even so, many of the coins I have sold have been much lower on the eye appeal spectrum and have gotten good offers or even outright bought without an offer. Heck, I even sold an AU 3 cent nickel with a giant PVC spot on the back for $42. And isn't that capped bust half way way uglier? I've sold something like 30 BINs in the last month and many of them had vastly more views even with mediocre eye appeal.
Edited by coinguybrian 12/03/2011 8:37 pm
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Pillar of the Community
1028 Posts |
I said all 4 Seated quarters were overgraded by a "tiny" bit. I don't think the pics are that bad, but they don't wow me at all. I just think Seated quarters in general area tough sells and all 4 of the ones you have up unfortunately fall in between "I want a nice one" or "I want one to fill me hole". With my belief of slight overgrading, I also believe they are overpriced. The one with the corrosion (or something) needs a (times .7) deduction because of the obverse damage. The other 2 are just not nice enough for the price. You can't compare to slabs because slabbed coins just sell for so much more naturally. Besides, you know ebay is crazy. I've been looking at 13-S type 2 buffalos because I'm about to sell one and saw a G-4 just sell for $62. That's $264 on fmv and I'd "raw real life market value" it still at $150. One of Steve's restored one's is at $56 with time left. Most would consider his coin destroyed, and one could at the very least "destroy" the G-4 themselves to get one that looks like steve's and steve's will probably out-price it.
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Moderator
 United States
23522 Posts |
All I got to go on is the evidence you present, ShadowCreator. You know I've confidence in you as a seller and collector; you asked an honest question and I answered it as a true friend ought to.
The lack of views is utterly weird. Frankly, I'd pull this one and re-evaluate the photography - it may be better presented under more diffuse light, especially if you're confident about the originality of the surfaces. Don't forget, good coin photography is_not about the most accurate shot, it's about presenting the coin as it is, in your hand.
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Moderator
 United States
23522 Posts |
Added: Keep in mind, this is a narrow-focus coin, interesting to a very small subset of collectors. They tend to understand the issue well, and have particularly clear ideas of what their next coin should look like. This ain't a Morgan, which is pretty much "throw it all at the wall and see what sticks."
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Pillar of the Community
1028 Posts |
Maybe you are experiencing some strange trends in what's selling and whats not...and their prices, let me just update my earlier post regarding the 13-S type 2. If you had any doubts about the unpredictable and foolish nature of ebay buyers then why did an acid dated absurd looking bright white coin just sell for $14 more than a genuine problem free example of the same coin. Auctions were only hours apart. With the $14 you saved, you could go out and buy some vinegar and destroy your coin with a date on it to make it look like the other one. Coins valued at...IMO...$150 and at most $30 sold for $62 and $76. Go figure. Good for steve though.
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Rest in Peace
 United States
5375 Posts |
Yeah I've seen some ridiculous price differences, enough that a coin worth 1/10 of the next one sells for more for no good reason. A 1934-D Mercury dime in AU with a scratch worth $12 for $54...lol. Then a coin worth $100 sells for $36. I didn't mean to be defensive or anything, but I get what you mean more now. If they really don't look that great, I should probably try to re-photograph them since I had actually considered these some of my better Seated coins and I probably graded them a little higher because of a lot of shine present and what I perceived as good eye appeal. Purely detail-wise, I can see how they might seem a bit high. Especially with the reality that these are one shot type coins, buyers either go for garbage hole fillers or high grade stuff, and with high grade they usually go nuts over PCGS coins since they aren't familiar with these series. That must be why I'll get a random bidding war on some random beat up Seated dime. Which one do you believe is corroded hesgut? I didn't catch that on any of them and I'll take another look at it. If it isn't corroded but it looks that way, then that definitely means it needs new pictures since other buyers are probably thinking the same thing. If it is corroded, then I need to note that. The 1857 has a mark on it but it may have come out a lot more than it should've...I learned the hard way that what SuperDave said about being 'too accurate' is very true. Make a coin look all scuffed up when it only looks scuffed at a certain angle and pay dearly.
Edited by coinguybrian 12/04/2011 12:22 am
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Pillar of the Community
1028 Posts |
it's the 54'. I looked at it again, this time took a good look. I'm referring to what's going on above the head on the obverse. It's not corrosion I guess, but it doesn't look good and it looks like it's on top of the coin and not some spotted toning. Even if that was toning, it looks completely different form the rest of the coin, hence ugly. The obverse in general looks nothing like the reverse. I've always gotten low bidding on coins that had off color obverse/reverse combos.
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Rest in Peace
 United States
5375 Posts |
Yes, it is just toning...I might need to reconsider adjusting the contrast so much. I think I originally did it because the pictures turned out dull and weak, but I didn't think people would think it was ugly. The toning does stand out somewhat from the rest of the coin but its not as blatant as in the picture. The difference between the obverse and reverse may have been because I captured the reverse at a different angle, hence getting much more 'luster' but missing it on the other side. I think you have a point about making both sides look consistent though, which probably helps getting it sold and reassuring buyers that the coin isn't messed with or something.
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Replies: 14 / Views: 1,529 |
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