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 Replies: 10 / Views: 1,224 |
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Moderator
 United States
16677 Posts |
Let me start first with a preface. This date should be bought certified by one of the big 3. I'm just curious what your thoughts are on the date. I'm always suspicious when there is damage in or around the date area of any key date. If not a 7, what else can it be? Price? Good luck  http://www.ebay.com/itm/271194230740?ru=http://www.ebay.com/sch/i.html%3F_from=R40&_sacat=0&_nkw=271194230740&_rdc=1 swcoin.ecrater.com
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New Member
United States
14 Posts |
I am no expert, but there is NO way I'd buy that with that damage on the last 7. Editing now that I stopped being lazy and looked for the diagnostics for detecting fake Indian cents (I'm returning to the hobby after a loooong break and have forgotten a lot): It has the weak strike on the N on the reverse, the feather pointing between the I and C in AMERICA, and the date in the correct style, but why would you not want to get top dollar selling a thing like this by having it submitted to a TPG first, when it has the damage to the second 7 that throws so much doubt on it? Edited by cwcollector
04/27/2013 11:45 pm
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Pillar of the Community
United States
621 Posts |
Im very far from an expert on any coin. Zooming in however Imo its looks like an altered 3, you can still kind of see the humps. Is that a possibility?
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Moderator
 United States
16677 Posts |
cwcollector, that's my whole point. I own 4 of these, and am personally well versed in the diagnostics of genuine 1877's but my whole point is why would anyone sell one raw, when ANACS can certify it, and you and your buyer have piece of mind it's genuine. (especially dealers)
On a seperate point. If I was a grader at ANACS, NGC, PCGS, take your pick, and was examining this particular coin, I'd have to come to an inconclusive conclusion.
I wouldn't want this coin in my companies holder for more reasons than one.
Welcome to the CCF by the way :-)
swcoin.ecrater.com
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New Member
United States
14 Posts |
Thanks for the welcome, and I figured you knew. :) My question was kind of a rhetorical one, agreeing with what I figured your premise was for posting in the first place. Because if the rest of the diagnostics seem to line up, what does the seller have to hide, and what reason do you have NOT to submit, unless you know or suspect as the seller that the date's been messed with?
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Moderator
United States
16677 Posts |
Exactly. He/she is probably afraid of rejection from a TPG so why not try to sell it raw. Truly a case of buyer beware. swcoin.ecrater.com
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Pillar of the Community
United States
1374 Posts |
Looks fine to me, just damaged. There are probably a million reasons why someone doesn't send a coin like this to be slabbed. Maybe they are hard up for money, this coin won't grade above AG with damage, maybe it is bent and won't even fit a slab, they don't think slabbing will increase the sale by the cost of slabbing, it is a hassle, they don't want to wait 2 weeks or a month to flip the coin, someone wants this coin as a hole filler for their Dansco, etc. I see much rarer coins unslabbed all the time on auction. In fact, a search for 1877 IHC on ebay shows almost 500 of them on the SOLD list, 90% of which are probably not slabbed. I don't see why someone should be suspicious of this crummy coin just because it isn't in a slab... it doesn't deserve to be IMHO. By the way, if this were an 1873 altered to look like an 1877 than they made the biggest mistake in the world. Only one 1873 shallow N has been documented, but no one has ever seen it and was most likely recorded in error. If one were discovered, it would go for an easy $30k in Good... sky would be the limit on a 1873 shallow N. Edited by Drsandman2
04/28/2013 02:23 am
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Bedrock of the Community
United States
10982 Posts |
Looks corroded, damaged, and with AG details. Starting bid is problem-free G4 money. Pretty crazy since, if genuine, it's worth half the opening bid.
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Pillar of the Community
Israel
2420 Posts |
Even if the date was completely fine, seller is looking for too much.
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Pillar of the Community
Canada
3167 Posts |
What is up with that 7? Or is it really a 7?  Edited by noahs-numismatics
04/28/2013 09:15 am
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Pillar of the Community
United States
2543 Posts |
Looks like the 7 accidentally fell off and he glued it back on.
I have seen nicer ones go for thousands, if this was in the same condition, but genuine, would it be worth the $550 ?
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Replies: 10 / Views: 1,224 |
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Posted 04/28/2013 12:02 am
