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 Replies: 58 / Views: 6,503 |
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Pillar of the Community
United States
2208 Posts |
To my somewhat trained eye, they look fake. The color, the luster, the design details just aren't quite right.
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Pillar of the Community
United States
3755 Posts |
He is claiming to be selling a collection. Half the stuff in my store is from a collection I am selling, so I can buy into it. Its just coins of that magnitude not slabbed makes me jumpy. Heck, a simple 32D of that grade would set my alarms off raw.
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Pillar of the Community
United States
615 Posts |
That thread that was posted was an "eye-opening" read, and perhaps the best possible explanation.
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Pillar of the Community
United States
3253 Posts |
Oh yeah! Him! If the modus operandi remains the same, these coins are genuine, but obtained at bargain prices in details slabs (in the case of these coins, details for being polished within inches of their lives), and are now presented separated from their details labels. 1801 looks like B-2 BB-212.
Edited by philadelphian
12/19/2012 08:02 am
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Pillar of the Community
United States
3253 Posts |
And in his 1801 description he even admits to a scratch from the coin being removed from its holder. No mention of what was on that holder, though. I guess no one can accuse him of lying, no matter how much of the truth he conceals.
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Pillar of the Community
861 Posts |
Mystery Solved.....The 1799 was cracked-out of a PCGS XF details-smoothed holder. The coin was described as follows: 1799 Draped Bust Silver Dollar. B-15, BB-152. Rarity-3. Irregular Date, 13-Star Reverse. EF Details--Smoothed (PCGS). Description: Especially bright from a past cleaning and smoothed to remove much of a scratch through the Liberty's bust into the field above. Minimal actual wear on the high points, but a coin that has suffered from long ago attempts at enhancement. The irregular date obverse refers to the awkward positioning of the 99, with one tilted left, the other right. Furthermore the reverse was also used to strike 1798 silver dollars and this is the only such year crossover of dies in 1799.   |
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Pillar of the Community
861 Posts |
Mystery solved (1800): The 1800 was cracked-out of a PCGS XF details-smoothed holder. The coin was described as follows: 1800 Draped Bust Silver Dollar. B-8, BB-188. Rarity-4. BB Die State II. EF Details--Smoothed (PCGS). Description: The surfaces have been brushed harshly on both sides and are bright silver with no signs of toning. Bold hair and device definition, and any surface marks were removed by this process so the coin has a somewhat satiny although artificial appearance. Nevertheless, the high technical grade somewhat offsets this feature.   |
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Pillar of the Community
861 Posts |
Final Mystery solved(1801). The 1801 was cracked-out of a PCGS VF details-scratch holder. The coin was described as follows: 1801 Draped Bust Silver Dollar. B-2, BB-212. Rarity-3. BB Die State II. VF Details--Scratch (PCGS). Description: Bright silver with traces of luster in the recesses of the design and the scratch consists of two minor ones in the far right obverse field near the stars. Hints of gold toning have started for form but overall the surfaces are bright throughout. Bold die clashing is noted on the obverse and reverse.   |
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Pillar of the Community
861 Posts |
The PCGS Certification #'s on the above coins are as follows:
1. 1799 Cert#26313066
2. 1800 Cert#26313077
3. 1801 Cert#26313080
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Valued Member
United States
243 Posts |
Should anyone email the seller and ask about this and the PCGS labels. Or is there any kind of action ebay can take? |
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Pillar of the Community
861 Posts |
According to ebay: It is against ebay policy to knowingly hide any details known about a coin. ebay requires full disclosure. In this case, the perpetrator has been caught red-handed. I have reported all these listings to Judith. Hopefully she will act on this crack-out artist. |
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Pillar of the Community
United States
1211 Posts |
How is the seller choosing to hide details about these coins? He is choosing to sell them raw versus slabbed and his pictures are quite clear. It is up to the buyer to make an informed decision before spending $5000+. Looks like the folks posting in this thread did a fine job on their own making said "informed decision". If you are so concerned about full disclousure then either buy coins in person or only buy slabbed coins from trustworthy sources.
I will continue to say this until the point sinks in: BUYER BEWARE!
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Pillar of the Community
United States
3253 Posts |
Thanks g048406! Were those Heritage auction descriptions? I believe that's how he was found out the last time. It was the smoothing that put me off the 1800; I didn't know a genuine coin could be made to look so artificial, short of painting it purple. And Ben, if someone feels a coin has gotten a raw deal from a TPG, and cracks it to sell it on its own merits to a collector who feels the same, that's one thing. But to specifically buy up damaged coins to sell without a word? That's making a career of fishing for the ignorant. And that doesn't include those who add the extra step of manipulating the coin after cracking it out, to conceal the damage that put it in the details slab to begin with. That step takes you from the unethical to the illegal. Do we think any of that has been done? Edited by philadelphian
12/19/2012 08:27 am
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Pillar of the Community
United States
2189 Posts |
The 1799 and 1800 are no longer available, 1801 still active.
You think the seller pulled those 2 coins or they were sold from offers?
"This listing was ended by the seller because the item is no longer available."
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New Member
 United States
28 Posts |
I'm glad I brought these to your attention. I read the past threads about this guy. One of the comments was about what great sleuths you are. What you found out about these coins confirms it.
Every post I make (all 3 so far) just adds to my education and proves I joined a great community.
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Replies: 58 / Views: 6,503 |
First Page
Posted 12/18/2012 11:37 pm
