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Do I Undergrade My Coins?

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Author Previous TopicReplies: 11 / Views: 1,886Next Topic  
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pimpim's Avatar
Canada
111 Posts
 Posted 09/10/2012  8:48 pm Show Profile   Bookmark this topic Add pimpim to your friends list Get a Link to this Message Number of Subscribers
I look at this certified coin: http://www.ebay.com/itm/1881-H-Cana...em2a2272a82b
I would grade that coin G+ maybe not more. What are your toughts about it?
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Canadian-Banknotes's Avatar
Canada
4944 Posts
 Posted 09/10/2012  8:53 pm  Show Profile   Bookmark this reply Add Canadian-Banknotes to your friends list Get a Link to this Reply
That is not a real TPG. They are known as "basement slabbers" and always over grade their coins.
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rmc's Avatar
Canada
478 Posts
 Posted 09/10/2012  8:55 pm  Show Profile   Bookmark this reply Add rmc to your friends list Get a Link to this Reply
WOW...no I think your right on the money, maybe even generous at G+
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kuh_85's Avatar
Canada
2366 Posts
 Posted 09/10/2012  9:20 pm  Show Profile   Bookmark this reply Add kuh_85 to your friends list Get a Link to this Reply
Based on what little I can see in the picture I wouldn't go higher than G4 and I wouldn't pay more than $20 total (assuming I was buying it to keep and not for resale). For G6 I would expect more of the crown to be visible between the forehead and the braids. I have one of this guys coins where he's not as badly off as in this case but I've seen a few more which have been a grade level or two too high.
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LaureateBust's Avatar
Canada
331 Posts
 Posted 09/10/2012  9:24 pm  Show Profile   Bookmark this reply Add LaureateBust to your friends list Get a Link to this Reply
I think G-4 is generous.
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glenzy1's Avatar
Canada
1554 Posts
 Posted 09/11/2012  04:21 am  Show Profile   Bookmark this reply Add glenzy1 to your friends list Get a Link to this Reply
It would only be scrap silver worth the price of the day's spot silver and no more. That particular days can be acquired for peanut's in high grade. Invest a few bucks and look around for an AU-50!

Glenn
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bibd's Avatar
Canada
838 Posts
 Posted 09/11/2012  04:30 am  Show Profile   Bookmark this reply Add bibd to your friends list Get a Link to this Reply
This is worth a lot more than scrap silver, even in G-4 (according to trends).
Edited by bibd
09/11/2012 04:30 am
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1945V's Avatar
Canada
386 Posts
 Posted 09/11/2012  06:28 am  Show Profile   Bookmark this reply Add 1945V to your friends list Get a Link to this Reply
I thought ebay only permitted you to mentioned a coin's grade in a listing, if it was from an approved list of recognized coin graders (e.g. I NGC, PCGS, CCCS, ICCS, etc). Did they relax this requirement ?
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SPP-Ottawa's Avatar
Canada
10460 Posts
 Posted 09/11/2012  08:48 am  Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this reply Add SPP-Ottawa to your friends list Get a Link to this Reply
pimpim, you are doing the right thing, by trusting your eyes and judging the coin, not the holder... (That coin grades AG-3, in my opinion).
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert Oppenheimer

Content of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_US

My eBay store
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LaureateBust's Avatar
Canada
331 Posts
 Posted 09/11/2012  09:03 am  Show Profile   Bookmark this reply Add LaureateBust to your friends list Get a Link to this Reply


The lettering on both obverse and reverse is compromised in parts, and the rims are in places worn down to the same level as the fields.

It's important that we all learn to grade to some degree so we can evaluate a coin's value when buying/selling uncertified coins. Good catch on this over-graded coin.
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kuh_85's Avatar
Canada
2366 Posts
 Posted 09/11/2012  09:38 am  Show Profile   Bookmark this reply Add kuh_85 to your friends list Get a Link to this Reply
@1945V - that restriction only applies in the US on ebay.com. The seller is probably listing on ebay dot ca.

<Man that's annoying. I keep typing .ca and it keeps getting auto-corrected to .com!>
Edited by kuh_85
09/11/2012 10:44 am
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Bm0ney's Avatar
Canada
1005 Posts
 Posted 09/11/2012  8:50 pm  Show Profile   Bookmark this reply Add Bm0ney to your friends list Get a Link to this Reply
Phone thinks it is smarter than you . calm. :)
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