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Replies: 28 / Views: 3,155 |
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Pillar of the Community
United States
2651 Posts |
Before I picked up my 70s Small Date I was looking through ebay's Listings. This is one that I had looked at and was surprised to see it was Graded and Listed as a Small Date but it is not... Is this a fake slab or did somebody mess up badly? I contacted the seller and informed him but he just said it was an Authenticated Small Date. He has re listed this item numerous times... http://cgi.ebay.com/ws/eBayISAPI.dl...190642743333 Am I missing something? Edited by Jayman931 02/28/2012 11:12 am
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Pillar of the Community
United States
1358 Posts |
Seller is just stubborn, I guess. That is definitely a Large Date.
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Pillar of the Community
United States
4897 Posts |
We've seen this one before. Kinda feel for the person that eventually falls for it but then again...caveat emptor.
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Valued Member
Canada
449 Posts |
Wouldn't NGC be on the hook for this mistake? If it is so obvious, how could they not be?
Edit: with that being said, aside from an obvious attempt at tampering with the slab, what other excuse could there be for a mistake such as this?
Edited by secoinedchance 02/28/2012 12:33 pm
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Valued Member
United States
292 Posts |
If it's not a small date...then NGC must purchase the coin at market value or replace it with a true small date? I know they guarantee their grades. I don't know if they guarantee their attributions.
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Rest in Peace
United States
3039 Posts |
LD for sure! I've posted many times b4 about a lot of the SDs on ebay actually being LDs on raw coins. This is the first time I've seen one in a slab like that. I can't believe TPGs make this kinda mistake. I also don't believe 64 is the finest MS grade. Some kinda hanky panky going on. 
Edited by numismo 02/28/2012 1:23 pm
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Pillar of the Community
United States
3592 Posts |
I've seen enough mistakes like this to say it is not a one time thing. Worst one I saw was an 88-D RDV-006 by PCGS that somebody paid $500 for...it was an RDV-005. I'm really surprised this large date is up to $41...must be some bidders that like plastic 
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Pillar of the Community
 United States
2651 Posts |
Maine- The seller tried to sell that coin in the past and it went up to $68.00 and the reserve was not met!
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Rest in Peace
United States
3039 Posts |
Goes to show ebay doesn't care as long as they get their hefty fees.
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Rest in Peace
United States
9104 Posts |
They don't get feez if it don't sell.
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New Member
United States
10 Posts |
Definitely the low 7 and it is for examples like this that I personally do not buy slabbed coins. I mean having a coin "slabbed" these days equates to nothing but paying a company for their grader's, or group of grader's opinion(s). Well who's to say my opinion, or even yours is the same? Several years back it was about authenticating a coin and that should be in itself the most important aspect of sending a coin in. As pointed out again in this thread, they are not always right. If you're an avid collector you should know how to grade and tell the good coins from the bad. If not, find a reputable dealer who does. Simple rule of thumb ... know your coins and your dealer.
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New Member
Canada
11 Posts |
I think your paying too much for that penny
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Pillar of the Community
 United States
2651 Posts |
I'm not paying anything for it.....maybe paying to much attention...
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Bedrock of the Community
United States
10045 Posts |
The seller's close-up pic should convince anyone who knows not to buy it.  If that's not convincing enough, compare the reverse position on the ebay coin to NGC's
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Rest in Peace
United States
3039 Posts |
"know your coins and your dealer" Amen. Also, buy the coin, not the slab.
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Valued Member
474 Posts |
I don't get it? The seller is desperately trying to sell an item by continuously re-listing the item (which cost money as well) and if it does sell, they have to pay another 20%+ in fees to ebay and their baby, Paypal.
That company has gotten all of the fees they will get from me. The last month I was actively selling there, when junk silver had really spiked, my fees were $1,700+.... 
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Replies: 28 / Views: 3,155 |