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 Replies: 21 / Views: 2,298 |
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Pillar of the Community
United States
950 Posts |
There is an auction this weekend in the boonies that is advertising a handful of low value coins along with an 1878S Trade dollar. They describe it as "cleaned" and thats all. The picture they post is no help.. The completed listings on ebay vary widely in price for a "cleaned" coin if this type and year so its hard to get a feel for what this would be worth. Any opinions? What should I look for? any help is much appreciated.  *** Moved by Staff to a more appropriate forum. ***Edited by baysinger626
11/02/2012 2:58 pm
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Pillar of the Community
United States
1227 Posts |
I'd suggest asking the mods to move this over to the Classic Coins forum. Better help for Trade dollars over there! |
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Pillar of the Community
 United States
950 Posts |
Good thinking ninamason.. I thought about that the second I clicked "post."
Also, I just noticed that this is your 666th post! GASP!
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Pillar of the Community
Canada
9162 Posts |
Quote:
I just noticed that this is your 666th post! GASP  |
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Rest in Peace
United States
4078 Posts |
I have been looking for a Trade dollar for a number of months. After reading other post here at CCF I have learned; -there are many counterfeit coins even in slobbered coins( thank you, BF) -it is best to buy from a reputable dealer -have the coin in hand, not photo's. I'm sure there are more answers. A good coin doesn't come cheap so I'm hanging in for a good opportunity. Hope this helps, good luck in your search. |
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Pillar of the Community
United States
1721 Posts |
If you go to the auction or the auction preview, bring a magnet. I've had a few people try to get me to buy theirs. I was able to pick these up with a magnet  . I still don't have one  . |
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Pillar of the Community
United States
3184 Posts |
no, just buy a slabbed one seriously
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Moderator
 United States
188535 Posts |
Quote: I'd suggest asking the mods to move this over to the Classic Coins forum. Better help for Trade dollars over there!  |
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Pillar of the Community
United States
1510 Posts |
me neither Quote:
I still don't have one dont feel bad Retired USAF 1983-2003
Edited by Coinstar
11/02/2012 5:01 pm
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Valued Member
United States
461 Posts |
Honestly with the quality of that pic I would run away as fast as possible, and I don't think I would ever buy a raw Trade dollar online too many counterfeits. |
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Pillar of the Community
United States
950 Posts |
It is at a tiny little auction house, with no online bidding and they have a 2 hour inspection period before the sale so I will have plenty of time to check it out. From what I have heard things at this sale go for a song, and they dont often have coins so I hope to get a good deal on something I would otherwise never be able to afford. I will absolutely try the magnet test. Is there anything else I should look for to determine its authenticity if it is not magnetic? Quote:
-there are many counterfeit coins even in slobbered coins( thank you, BF)
I sure hope it isn't slobbered! lol |
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Valued Member
United States
461 Posts |
I studied my raw one for 45 minutes before purchasing there is always tell tell signs. One of the most common mistakes is using the wrong reverse or obverse that do not match the date. Since its 1878 you will be looking for all type 2 obverses and reverses. Meaning the eagles wings should flow in the neck, the ribbons should point down, there should be 4 visible fingers on the hand the arrow should point between the 4 and the 2. Then there is of course wait you should weigh the coin. Also you should check the dentils and the reeding.
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Pillar of the Community
United States
950 Posts |
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Pillar of the Community
United States
620 Posts |
If the selling price is a bargian I for one would buy this Trade dollar. Also if this is a household auction you can check the coin before bidding. If it looks wrong then dont buy it. On a internet auction I would make one bid for what YOU feel like is a fair deal then take a chance. Since the crooks are even conterfieting TPG slabs about all us collects can do is educate ourselfs. The old saying rings true Buy the Book before the coin. Good luck |
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Pillar of the Community
United States
3283 Posts |
Your taking a chance either way but all you can do is
Learn as much as possible about them ahead of time (like the Captain just said)
I would get some good pics of real ones on my computer and bring it with you to do comparisons.
Pay close attention to the fonts and devices.
Learn the characteristics of fakes as well, there is a lot of info on this site, so do a search
and see all the fakes CCF'ers have brought to light.
You may talk to the auctioneer ahead of time and ask if you can bring it back next auction
if it's pot metal or whatever.
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Valued Member
107 Posts |
Wow haven't seen a picture that bad in a long time.
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Replies: 21 / Views: 2,298 |
Posted 11/02/2012 3:01 pm
