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 Replies: 20 / Views: 3,134 |
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Valued Member
United States
100 Posts |
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Valued Member
United States
79 Posts |
Wow $5000, I'm not a professional. It does not look like the coin has been graded and 31 bids. I'm going to keep my eye on that one.
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Valued Member
United States
153 Posts |
Looks real to me from the rather poor quality photos and the seller's feedback score; but it is really high stakes gambling. PCGS lists the coin as worth 14K in AU50. It could be that someone will be getting a great deal on this coin, but it is taking a big chance, as the seller does not offer a standard 14 day return option.
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Pillar of the Community
United States
652 Posts |
A coin that rare deserves better pictures, and with no certification it really is a gamble!
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Pillar of the Community
United States
3755 Posts |
I agree the tail feathers look wrong. A 56 of this quality COULD just be floating around ungraded in a box somewhere, but I highly doubt it.
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Rest in Peace
United States
10625 Posts |
This seller has never bought or sold a coin on ebay in at least recent history. Looks like a big gamble at best. Worst case it's a scam. You can bet paypal will hold the funds on this one if the auction doesn't get killed first. |
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Pillar of the Community
1028 Posts |
Here's what I think.
Judging by the other coins and who the seller is, I think this seller really is just selling off the few coins he acquired and he doesn't really know much about them. I believe that he believes the 1856 is genuine. I personally do not. The pictures are pretty tough and the coin doesn't look very wrong (from my poor vantage point), but it doesn't look right either. It might be a very good old fake. This date has been faked for over a hundred years. It's clearly not that old as those fakes were poor, but it could be a 30-40 year old fake or something to that effect.
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Bedrock of the Community
Canada
10743 Posts |
The coin looks AU to me, if it's real someone is getting a great deal... but, I would guess it's a Chinese fake, the tail feathers are all messed up, he also doesn't show a very very close up shot of the date which is a must, on a coin like this. just my opinion.
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Pillar of the Community
United States
2150 Posts |
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Pillar of the Community
United States
716 Posts |
I think it is a fake but I can't be sure because of the quality of the pictures. In all 1856 FE the O in OF is squared on the inside. The oval O, found on some 1857-58 is not on any 1856 FE. The O on the suspect 1856 coin appears to be oval.
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Pillar of the Community
1028 Posts |
Actually now that you mention it, yes it does look very wrong. Something else to consider. The main buyer who has been bidding this coin up has 31 bid retractions in 6 months and his 30-day history wouldn't even seem to indicate a very active buyer. THIRTY ONE! This makes me hate ebay so much. How is it that such a bidder is still allowed to stay on the site. It might also indicate some shill bidding and a more purposeful attempt to deceive and scam by the 1856 seller. |
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Bedrock of the Community
United States
14454 Posts |
I believe it is fake as well. Here are the pictures cropped, its the best I could do with them   |
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Bedrock of the Community
13014 Posts |
If sellers agree to retract the bid I believe that ebay doesn't ding it against you, they do however give buyers MUCH more leeway with what they can and cant do since the buyers are what drives the site. Its a shame things like that are allowed but I do kind of understand why from their point of view. They do seem to be finally trying to level the playing field a bit for sellers with some of the new rules. Whatever is going on with this listing I would stay far far away. Theres little chance this will end well for the buyer |
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Pillar of the Community
1028 Posts |
Quote:If sellers agree to retract the bid I believe that ebay doesn't ding it against you Sellers are not asked whether or not the retraction is okay. Buyers can just do it on their own accord. I just thought these things were kept track of and if somebody were to get to 31, ebay would step in. I guess not. Maybe I should just make a nuclear bid to see how much the highest bidder bid on every single item. Retract it, then bid .01 more every time to save myself a few dollars per item. I won't really, but apparently nobody cares. Bryan, that is an excellent job you did...it clearly shows that the coin is not true. |
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Bedrock of the Community
13014 Posts |
I didnt know buyers could do it, I've had it happen to me once as a seller but they emailed me and asked me to do it for them which I didnt mind since it sounded like an honest mistake
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Pillar of the Community
United States
716 Posts |
After looking at Bryan's cropped photos I am even more convinced that this coin is fake. On all 1856 FE the AM in AMERICA is closely spaced like the large letter 1858. If the A & M are separate then it is most likely an an altered date 1858 small letter FE.
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Replies: 20 / Views: 3,134 |
Posted 11/19/2012 11:26 am
