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Pillar of the Community
United States
2233 Posts |
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Wonder who does his grading?
I was thinking SGS, but they'd probably give that thing a MS70+++. |
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Pillar of the Community
United States
2233 Posts |
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Does this one count?
Colorized and "Scratch and sniff" I'm thinking about that guy on ebay that used to put pizza stickers on his 2x2 flips. He was mentioned earlier in this thread. |
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Pillar of the Community
United States
666 Posts |
This is a fun thread. Since I don't know much yet, one of my first objectives is to learn how to identify deceitful, misleading, or just plain ignorant adverts for coins, particularly on ebay. That's one reason this thread is so great: It's entertaining, and educational for beginners like me. So I'm wondering about this one: LOT OF 500 (10 ROLLS) 1943 PDS STEEL WHEAT PENNIES ALL HAVE RUST http://www.ebay.com/itm/LOT-OF-500-...112052101148 With three days left, the bid is currently at $40 + $6.80 postage. But aren't these 500 pennies worth about $5.00? Thanks, Mark P.S. If this is off topic let me know. It started out as a 'worst coins' post, but then I thought, "You're such a darn newbie that you could be missing something here. You might want to ask first, before you pontificate." |
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Pillar of the Community
United States
2233 Posts |
 dd27! By the way, that steel cent lot is funny. Of course, whoever is tricked into buying these will probably be going  when they take these to a dealer who tells them they're worth about 15-20 cents apiece and that they over-paid for them. |
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Valued Member
Japan
349 Posts |
If they were worth 15-20 cents apiece that would be 75-100 dollars for 500...
I don't see anything misleading at all. The pictures are clear and the seller isn't making any claims about the value.
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Pillar of the Community
Norway
1358 Posts |
@NumisRob: Ah yes, 'good vintage', I heard that 2000 was indeed a good year for US D-cents. I mean, if there's 8.8 billion of them, it was a good year, right? @Hello there: try the local madhouse. Ask where the biggest lunatic is. Then down a pint of whiskey mixed with LSD into the poor soul and ask them to scream a few numbers: one number for each coin. You may now multiply these numbers. The outcome is the assessed value of your collection of common change. Alternatively, give your guinea pig a small carrot: weigh it first: one or maximum two ounces will do. Then start timing how long it lasts before the guinea pig finished it. If it's totally gone, you will take one hour minus the time it took and multiply it by the combined weight of the guinea pig and the carrot in minutes and ounces. If it's only half finished before the piggie stopped eating, you instantly lose half the assessed value of the common change collection! ps. I just love how every pic in that lot has 10 bare toes in it. How much would those cost?  Edited by UltraRant
07/16/2016 2:15 pm
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Pillar of the Community
Poland
3201 Posts |
Thinking about a new collecting focus? At a loss as to what to choose? How about "different types of damage on coins"? If you decide to pursue this particular area, electrausa01 has a lot of prime specimens for your collection:   This is, of course, just a fraction of the material available! And all of these are separate listings, in case you are very picky about your culls! |
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Pillar of the Community
Norway
1358 Posts |
Is he running a torture chamber for coins or so? And those prices... I guess the hourly ratings for coin torturing must be quite high these days. $300 for a simple rusty denga coin with a hole in it...
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Pillar of the Community
United States
1191 Posts |
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ps. I just love how every pic in that lot has 10 bare toes in it. How much would those cost? The last pic doesn't and we can actually see the coins. As the old saying goes... Practice makes perfect. In this case, he still needs a lot of practice. |
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Pillar of the Community
United States
666 Posts |
@CalzoneManiac - Thank you for the welcome!
So they are worth 'book value' (so to speak), e.g., G-4, which is about 15 cents for 1943(P), even if rusted?
Neither of the grading books I have discuss grading steel cents, so I was making an assumption that rust would bring a grade down into the 2-3 range.
Thanks!
Mark
The two grading books I have are:
Bressett, K and Bowers, QD 2006, The official American Numismatic Association grading standards for United States coins. Atlanta, GA: Whitman Pub.
Bowers, QD 2012, Grading coins by photographs. Atlanta, GA: Whitman Pub.
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Pillar of the Community
United States
2233 Posts |
Last I remembered---VF coins were cataloged at 30 cents.
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Pillar of the Community
Poland
3201 Posts |
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Is he running a torture chamber for coins or so? Well put. An average metal detecting lot would yield better specimens than these... |
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Pillar of the Community
United States
2233 Posts |
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Pillar of the Community
United States
983 Posts |
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Thinking about a new collecting focus? At a loss as to what to choose? How about "different types of damage on coins"? Before there were Dryer Coins, I suppose there were wringer coins.  |
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Pillar of the Community
 United States
3098 Posts |
I haven't added a coin for a while. This Flying Eagle cent did not find a buyer with its $7.99 opening bid.  Paul Bulgerin
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Replies: 4,882 / Views: 358,086 |
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Posted 07/16/2016 08:02 am
