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Replies: 16 / Views: 3,081 |
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Valued Member
United States
55 Posts |
I bought a Lafayette Dollar the other day to sell on ebay, however, if it doesn't sell in this first round of auctions I was thinking of sending it in to get slabbed. I always find the commemorative coins to be hard for me to grade as my photo grade book doesn't include them. However, this one looks very nice and I was thinking it could get certified as an MS grade and I could sell it for lot more money. What do you guys think?   Thanks. Tim
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Valued Member
United States
274 Posts |
looks like it has been lightly circulated and cleaned, still a very nice looking coin!!
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Pillar of the Community
United States
5825 Posts |
That coin is certainly NOT Unc.
The price is correct for an XF coin which it most likely is. But if it's been cleaned then it is overpriced.
Ship it off to NGC or PCGS. With luck it'll come back graded and you'll have what you paid for.
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Valued Member
 United States
55 Posts |
So is the consensus that it has been cleaned? I bought it from the same dealer that I buy from all the time and I know he certainly wouldn't have cleaned it and it was from his back closet so he has probably had it for years.
On those Lafayette's what characteristics do you look for to grade as there is nothing obvious to me that it has been circulated.
thanks Tim
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Moderator
 United States
23522 Posts |
It's not the only coin you have listed as "UNC" which is not only circulated but cleaned: 321215292213Further, I must ask you to revise the PCI SLQ listing - your title is a blatant end run around ebay's prohibition against listing grades from nonapproved slabbers. There's a reason why PCI isn't on ebay's approved list.
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Bedrock of the Community
United States
36716 Posts |
I agree with the others, it's an AU details grade coin.
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Valued Member
 United States
55 Posts |
To superdave. How can you tell if a coin has been cleaned? I don't see and scratch marks or anything on it. That Colombian looks perfect close up, I can't see any wear on it at all. I have a few of them and this one is by far the best. What about it makes you think it is circulated? I am not trying to fight or anything, I am just very eager to learn and gain some expertise. As far as the PCI slab is concerned, I had no idea why ebay kept not letting me put the grade in even though it was a certified coin. I didn't know that PCI was some kind of sub-par grading service. If you or anyone her gets the chance to check some of my listings and give advice that would be very welcome indeed. I was advised not to put grades at all, however, I though it would be helpful to give an opinion on grade and this would also help me to hone my own skills. If I am not too sure I will try to ebb toward the lower grade. However, your opinion on that Columbian surprises me.
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Moderator
 United States
23522 Posts |
Quote: How can you tell if a coin has been cleaned? I don't see and scratch marks or anything on it. On the Lafayette: Note the hairlines most visible on the reverse, upper right. Many parallel hairlines like that is a classic sign of a brushing. It's a possibility that something of that nature could have happened in another fashion - being dragged across a coarse tablecloth, for instance - but the vast majority of such lines come from cleaning and that's what a seasoned collector is going to think of when they see them. I honestly see circulation wear on this coin. On the Columbian: The hairlines are most noticeable on the upper right of both obverse and reverse. I may be mistaken about it having circulated, although I see what looks like wear on the globes, sails and bottom of the hair. It must be noted that Columbians circulated fairly commonly for a Commemorative, and you'd assume with one of those that what looks like circulation, probably is. ebay will not police what you choose to put in your auction copy at the moment you post it. They don't have the manpower. It's on you to be cognizant of their rules and follow them; their only recourse is to have it brought to their notice by an outside report, and then investigate. Your PCI listing is something I'd normally report to them immediately, but since you've posted here as a member and seem quite honest about it I'd rather give you the benefit of the doubt. The fact that you spelled the grade out, though, tends to indicate that you've an idea what you're doing and it's not a practice which makes friends easily in a place like Coin Community. There is nothing wrong with using the letter descriptions of grade which seems to be your normal practice - VG, VF, etc. If you choose to claim that you think the PCI grade is accurate - without mentioning the specific number - I think that would fly, too.
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Valued Member
 United States
55 Posts |
Okay I see your point in the photos, but looking at the coins themselves the rubbing type marks are hardly noticeable compared with the photo's. I will have to take them back to the shop for another opinion.
Thanks for your observations, as I can see now where the bottom of the hair and the middle of the sails on the columbian show slight wear.
Edited by timspong 09/29/2013 02:02 am
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Pillar of the Community
1751 Posts |
Shame about the laffy, it would be a real nice AU example if not for the cleaning/retoning. :(
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Valued Member
United States
291 Posts |
What's the story on your logo? The chained up miner with the beer?
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Pillar of the Community
United States
3453 Posts |
I have been thinking about this one. While cleaned, slabbing could help with authenticity if it is not selling on ebay. These are heavily counterfeited so maybe an ANACS slab, even if details, would help with a sale.
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Pillar of the Community
United States
5825 Posts |
Quote:Further, I must ask you to revise the PCI SLQ listing - your title is a blatant end run around ebay's prohibition against listing grades from nonapproved slabbers. There's a reason why PCI isn't on ebay's approved list. I believe the reason PCI (and SEGS) are not on ebay's approved list is because they don't have an online database of coins they have slabbed. Otherwise they were reasonable TPGs. If you recall ANACS and ICG were not on ebay's approved list when ebay first instituted it. Same reason; no online database.
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Valued Member
 United States
55 Posts |
Quote: What's the story on your logo? The chained up miner with the beer? It is actually St. Piron, Who is the Patron Saint of Cornwall, (like St. George is to England, St. Patrick is to Ireland, and St. Andrew is to Scotland) Cornwall is one of the 6 Celtic Nations (Ireland, Scotland, Wales, Isle of Man, Brittany being the other 5) although we have long since been absorbed into England. We have our own language, Tartan etc. and, like the rest of the Celtic Nations, we are famous for Rugby and our drinking prowess (hence the beer). The St Piron Flag is black with a white cross that you can see in the logo and we are also famous for tin mines and Cornish Pasties (meat pies). I want to change the Mill stone for a Coin at some point but I don't have photoshop any more so it will have to wait. Also my company name "Oggyland LLC" is actually another name for Cornwall as the Pastie is also called an Oggy. The Pie sellers use to cry out OGGY OGGY OGGY and if you wanted to buy a pie you shouted back OI OI OI and that is where that famous Rugby Call and response came from. Anyhow, sorry for the long answer, but you did ask LOL! BTW I have been living in the US for some time now.
Edited by timspong 09/29/2013 12:54 pm
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Moderator
 United States
23522 Posts |
Quote:I believe the reason PCI (and SEGS) are not on ebay's approved list is because they don't have an online database of coins they have slabbed. PCI, to the knowledgeable numismatist, only achieved "respectability" in their original iteration, the green-bordered slabs with 10-digit serials and labels using a Futura-family typeface. They went through many owners, none of whom produced a reliable product after that original generation. Tim's PCI-slabbed coin is of one of those later generations, and frankly I see an AU coin in that slab despite the MS62 designation. That's a fascinating and character-laden description, timspong. 
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Pillar of the Community
United States
4415 Posts |
This is a visually pleasing LaFayette Dollar, and I concur with the grade being in the XF+ range. Most of the higher grade, mildly circulated examples of these that I've seen have been cleaned to some degree. They were often carried about as "pocket pieces," intended to pique curiosity and stimulate discussion.
IMHO, this coin "is what it is" and not worth the expense of certification. I don't see a slab enhancing the value.
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Replies: 16 / Views: 3,081 |