| Author |
 Replies: 10 / Views: 1,633 |
|
|
Pillar of the Community
United States
593 Posts |
I saw a 1987 MS70 ASE on craigs list for $1800. Is that the real value of the coin? I am not to aware of the bullion coins or modern issues as being the old time collector. I guess I should check them out for future collections. |
|
|
|
Bedrock of the Community
13014 Posts |
|
|
Pillar of the Community
Canada
5417 Posts |
|
|
Moderator
 United States
23522 Posts |
Craigslist.  I'm going to answer this objectively, in terms of what I know about the market, because it's my personal opinion that no ASE is worth $1800, much less what passes for "MS70." MS/PR70 should be the expectation for these coins, not the extreme-added-value outlier. In a PCGS slab, $1800 is far too little (by half) and raises questions on that basis. In an NGC slab, $1800 is far too much, by $600 at least. NGC has graded 300 of them; PCGS only 10. Has NGC been that lucky, to get so many more? I don't think so. Hence, a $1200 coin in an NGC slab, and a $4000 coin in a PCGS slab. Neither number is remotely realistic, IMO, supported only by an all-too-fragile perception on the part of collectors of suspect judgement. This is $1800 better spent on beer, IMO. Oops, I didn't manage to be objective. |
|
Pillar of the Community
United States
655 Posts |
|
|
Pillar of the Community
 United States
593 Posts |
It was listed in the Seattle Craigs list in the collectible section. Just the grade and price. Sounds fishy to me.
Two or 3 weeks there was a collector that bought 100 one oz. So called silver bars off craigs list that were fake. for $2300. But made a setup for more bars, with police watching and caught the guy. And he admited he got them from China
|
|
Pillar of the Community
United States
1037 Posts |
Most likely it is a counterfeit ASE. You can verify with the grader using the serial number on the slab to make sure the coin is what it is claimed to be. It would be nice to know who the grader is too. |
|
Pillar of the Community
United States
4901 Posts |
If I was going to create a fake slab with a coin in it that potentially would sell for over a grand I would: In the case of a MS70 low POP ASE: 1) find a real graded example in an auction or wherever and print that cert number on the label (since you will be creating a numbered label anyway). This way the cert check will be fine 2) put in a real ASE (correct year) that looks great...cost maybe $25-30 and easier than making a counterfeit This creation would not be very easily detected |
|
Pillar of the Community
United States
2543 Posts |
Remember, this is craigslist folks, not numismedia that it is listed in. People list coins all the time that aren't necessarily counterfeit, just ridiculously overpriced. I saw a complete of PF70 Eagles 1886-2013 minus 1994p and 1995w for $18,0000 last week . My first thought wasn't that these are counterfeit, it was that this guy is an idiot trying to make a big payday buy selling over priced coins to a bigger idiot.
|
|
Pillar of the Community
United States
593 Posts |
I just went to Seattle Craigs list and the ASE is listed 11/9/2013 and the pic states that it was graded by ANACS but no reference number in a slab with an US flag highlighted in the plastic. There is also a roll of 2009 ASE in unopened rolls for $550 |
|
Pillar of the Community
United States
2543 Posts |
Has an ANACS POP. of 19 .......... Saw one on the bay with flag label for $1550 start and a BIN of $2035.
I have a 1985 Libertad with a PCGS POP of 17, I got it for $50 ........ do the math.
|
| |
Replies: 10 / Views: 1,633 |
|
Posted 11/10/2013 02:41 am
