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 Replies: 26 / Views: 4,348 |
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New Member
Canada
6 Posts |
Hello, I have been collecting Canadian coins for a few years now and one of the first coins that I didn't get from the mint but rather ebay was a Venetian Ladybug coin. I got it shortly after they sold out at the mint but when I received the coin it was not encased in the original plastic and did not have the clam shell or COA. It took 3 months for me to finally receive the coin and by that time the prices on ebay went from the $175 I paid to well over $600 so I ended up keeping it as I wasn't going to pay any more. Ever since though, I have been wondering what the value of this coin would be without the COA. Any thoughts? |
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Pillar of the Community
Canada
2984 Posts |
When you say "plastic", do you mean capsule?
Its strange that you bought a coin with no clamshell, COA, or capsule, and waited 3 months for it. Are you sure it is not a fake.
Edited by MoneyPenney
03/15/2015 6:55 pm
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Pillar of the Community
Canada
2019 Posts |
Quote:
I received the coin it was not encased in the original plastic and did not have the clam shell or COA. Sorry but this sounds wrong, No one would take the coin out of the plastic capsule and sell it on ebay as a pre sale and definitely not the Glass Bug coins. If this truly did happen then my apologizes. Your best option now is to have it graded, if its real then grading will verify the coin and it will be valued at current market value. Edited by Northerncoins
03/15/2015 6:12 pm
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Pillar of the Community
Canada
3690 Posts |
Quote:
Its strange that you bought a coin for $600 with no clamshell, COA, or capsule, and waited 3 months for it. Quote:It took 3 months for me to finally receive the coin and by that time the prices on ebay went from the $175 I paid to well over $600 so I ended up keeping it I read that as OP paid 175 not 600. As Northercoins said, about the only way to sell it without a COA or capsule is to have a TPG grade and authenticate it (if any will). I doubt anyone would ever consider buying it 'raw' as you described. Post a pic. We all are curious to see it.  Edited by CC-Ottawa
03/15/2015 6:52 pm
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New Member
 Canada
6 Posts |
It wasn't a presale, it was bought after it was released and sold out at all the stores. I didn't know the coin even existed at the time so I completely missed the boat on the first coin. And yes I paid $175 not $600. The West Edmonton Mall coin store does grading and authenticating I believe. I'll go see them one day. I don't have plans on selling it as I have all the other coins in the series as well. This is my first time posting on this forum and I'm not sure about how to post pictures. Thank-you for the quick replies!
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Pillar of the Community
Canada
3690 Posts |
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Pillar of the Community
Canada
2019 Posts |
Hmmm so did the coin come in the plastic capsule? I am thinking they sent it this way to save on shipping cost but I cant see them not including the plastic capsule. Would be interesting to see the original listing, but I guess thats long gone now.
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New Member
Canada
6 Posts |
Hopefully here are a couple of photos. The coin came in a small plastic bag inside the clear plastic clam shell. The clam shell is hard plastic on the outside and a soft spongy plastic on the inside. The coin looks real enough and isn't magnetic.   |
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Pillar of the Community
Canada
6768 Posts |
 I wish you have authentic coin, but very unfortunately sounds like a "replica". The very primal concern - why anyone would sell it without COA and capsule ? The theoretical answer could be: the seller sold to someone all the packaging, for some reason, and then tried (and succeed ) to sell coin without packaging. The best advice: If you have real coin, in order to increase it value, get the capsule and clamshell case. The COA you will not find, but for the rest solution sounds simple: get on the ebay "Candy cane" coin ($100 and even below) and use it's package. |
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New Member
Canada
6 Posts |
My initial guess was that it could be a stolen coin. The ebay seller was a small US coin shop who had my order marked as shipped when it wasn't hence the 3 month wait. It wasn't noted in the listing that the packaging was missing. I have the candy cane coin and could use the case but I'll bring it in one day to have it checked over. |
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Pillar of the Community
 Canada
2360 Posts |
 intarsiaboxAlways a concern when a coin is orphaned from its COA, think of going into a pawn shop and trying to sell that. They would have a rough time reselling. That's where you are now. If you can get the packaging like Silveroid says and try to have it third party graded, you may be able to salvage something. I worry that without proper protection up to this point that the coin won't grade high, and then no COA, and likely you will have to keep it. Since you have the rest of the set, maybe you won't mind keeping it. |
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New Member
Canada
6 Posts |
I plan on keeping it but I wasn't originally. I was out of town for work and forgot all about the coin. When I remembered that I still hadn't seen it I emailed the seller but wasn't getting any response back. Paypal and ebay were willing to do nothing as it was at the 3 month mark. ebay was even good enough to delete the listing out of my purchase history as well after I inquired with them. After finding a us company that investigates online fraud I called them, got a case number and emailed the seller with it. I got a response and the coin shortly there after. After seeing the coin I then emailed the seller again and he didn't have any excuses just that I could return it if I want but would have to pay for return shipping. Since Paypal and ebay weren't going to be any use I figured if I returned it I would never see my original money back, have no coin and be out further funds for shipping it back. So I just kept it. The only reason I even thought of it again was a post on here talking about the final coin coming out in this series in the next couple of months. So far this has been my only bad coin purchase. |
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Pillar of the Community
Canada
1528 Posts |
I am surprise it didn't damage the coin during the shipping. I personally would wonder if the coin is real
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Pillar of the Community
Canada
4911 Posts |
something hits me wrong with the appearance, even if real its an impaired example due yo the finger pring smudge on the 20.
Feel free to call me Will.
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Pillar of the Community
Canada
2019 Posts |
Ya these coins should never be taken out of the original capsule, except for grading proposes.
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Pillar of the Community
Canada
871 Posts |
Please post some pictures of the obverse and reverse of the coin.
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Replies: 26 / Views: 4,348 |
Posted 03/15/2015 6:07 pm
