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Thoughts On This Seated Dollar?

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kevro22's Avatar
United States
250 Posts
 Posted 11/28/2012  9:05 pm Show Profile   Bookmark this topic Add kevro22 to your friends list Get a Link to this Message Number of Subscribers
Hi all, looking at this Seated Liberty dollar I found for sale on the internet. Looks like it might be a good deal, but don't know these that well and know these are faked alot. Wondering if I could get some thoughts from the experts on whether this a genuine coin?
Thanks in advance!
Kevin

Thoughts-On-This-Seated-Dollar?
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Trickworm's Avatar
United States
100 Posts
 Posted 11/28/2012  9:15 pm  Show Profile   Bookmark this reply Add Trickworm to your friends list Get a Link to this Reply
Looks alright to me, but be very cautious about buying. What website was it on? ebay?
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basebal21's Avatar
13014 Posts
 Posted 11/28/2012  9:32 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
I dunno if its the lighting or what but that color with that amount of wear makes me think its been cleaned at some point. Agreed that nothing jumps out that screams fake, but if youre getting it online I would probably stick to buying graded ones for seated and Trade dollars.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 11/28/2012  11:01 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
1) If perfect for the level of wear shown, this is no better than a $300 coin.

2) The photographs are not remotely close-enough to decide if it meets the term "perfect" as I mentioned above.

3) Successful coin collecting is about knowledge and patience. By your own admission, you lack the former (that's cool), so show the latter. These are not hard to find. Yeah, you may get a deal. The other 95 times out of 100, you're going to get nothing but discouraged.

I don't think it's fake. I may be terribly wrong. Don't believe me, and don't believe anyone else commenting here, if these images are all you have to go on. I don't care if all you're wasting is $200; it's still a waste. That's a lot of beer.
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kevro22's Avatar
United States
250 Posts
 Posted 11/29/2012  06:10 am  Show Profile   Bookmark this reply Add kevro22 to your friends list Get a Link to this Reply
The dollar was on proxibid.

https://www.proxibid.com/asp/LotDet...354187247659

Last night the bid was $20, but this morning is $200, with a few hours to go. I don't have the budget right now for another larger purchase but would have picked this up if it was a steal (and it was real). I had never looked up proxibid until last night but see it appears to be like ebay with items getting more bids towards end of the auction. Thanks for the feedback on this. This board is a great resource.
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oih82w8's Avatar
United States
7840 Posts
 Posted 11/29/2012  09:12 am  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
kwvro22, most of the bigger ticket coins (over $200) would nessesitate certification/authentication since there are soooo many Chinese fakes out.

I have a 1860-O Seated dollar PCGS VF35 on ebay with a BIN for $625 (or best offer). My friend who wanted it crawfished and got some more gold instead.

It seems that everyone (myself included) wait until the final moments on auction items to try and get it for the least amount of money. Sometime I win, most of the time I lose. Success!
Edited by oih82w8
11/29/2012 1:16 pm
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mds308's Avatar
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1721 Posts
 Posted 11/29/2012  09:25 am  Show Profile   Bookmark this reply Add mds308 to your friends list Get a Link to this Reply
kevro22,

Proxibid is used by many auction houses. Hampton House Auctions is located in Hampton, Virginia and they have an upcoming sale that is packed full of coins. I believe they also have a proof set with the 'S-less' dime. You can see all there stuff at their Website.

http://www.hamptonhouseauctions.com/

I was an auctioneer with them for about 4 years. The items can hit the Internet way before the actual sale. Once the sale starts, you have house bidders competing with the Net.
Edited by mds308
11/29/2012 3:42 pm
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Joe2007's Avatar
United States
3843 Posts
 Posted 11/29/2012  1:02 pm  Show Profile   Bookmark this reply Add Joe2007 to your friends list Get a Link to this Reply
Looking at the item on Proxibid the scratches on both the Obverse and Reverse are fairly severe.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 11/29/2012  2:43 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
I played around on Proxibid for a few months, and ended up walking away because the bidding so often reached ludicrous levels. Their demographic doesn't know much about coin values.
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kevro22's Avatar
United States
250 Posts
 Posted 11/29/2012  3:27 pm  Show Profile   Bookmark this reply Add kevro22 to your friends list Get a Link to this Reply
I had logged on Proxibid for the first time last night, and saw this dollar. Since it is on my 7070 list and the bid was low at the time, I didn't know if this was a lower traffic site that I might get a good deal on, or get a fake, etc. That was the reason for the original post. Thanks for all the replys - I certainly feel alot more informed than I did last night :)
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