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 Replies: 13 / Views: 3,586 |
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Pillar of the Community
861 Posts |
Very interesting listing/coin: http://www.ebay.com/itm/13157004453...RK:MEBIDX:ITBased on the pictures, I would say Genuine. The diagnostics seem to say S-189. Coin looks to have been recolored and the surfaces seem too nice, so I'm thinking whizzed. Of course, without seeing in person, I couldn't be sure. Looks like PCGS doesn't like the coin. Any other opinions? |
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Pillar of the Community
United States
1959 Posts |
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Moderator
 United States
16677 Posts |
It appears on the surface to be S-189. Looking at the date, especially the last 9, I just don't know for absolutely sure.
It's a 50/50 chance. I would not buy this coin personally.
swcoin.ecrater.com
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Pillar of the Community
United States
4897 Posts |
 been going back and forth on this.....something about the reverse legend seems off to me. |
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Pillar of the Community
United States
7375 Posts |
If it stumped PCGS, I'm 10 foot poleing this one.
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Bedrock of the Community
United States
94367 Posts |
You don't see "Authenticity Unverifiable" from PCGS very often. Ouch.
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Pillar of the Community
United States
2233 Posts |
No thanks...if PCGS says "Authenticity Unverifiable" then I'm gonna assume it's probably a fake.
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Pillar of the Community
 United States
4588 Posts |
Authenticity Unverifiable means it was a real puzzle... it means the coin has to have passed all of the basic tests (weight, diameter, even composition) or it would have been marked counterfeit... Quoting from http://www.pcgs.com/grades/Quote:
Authenticity Unverifiable
Fee not refunded. In the rare instances where the experts at PCGS are unable to determine conclusively that a coin is either genuine or counterfeit, that coin will be returned to the submitter ungraded.
PCGS spends a great deal of time examining coins that have been harshly cleaned, corroded and or tooled. PCGS must be able to positively determine that a coin is both genuine and has not been "holed and plugged". In some situations the surface of the coin is completely destroyed, and in these instances PCGS will not render an opinion on the coin. Many counterfeit coins are harshly altered or intentionally damaged in an attempt to fool the grading services. If a coin is worn or damaged to an extent that makes it impossible to identify the date, mint mark, or variety, an Authenticity Unverifiable will be issued. -----Burton 50+ year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club Owned by three cats and a wife of 40+ years (joined 1983) Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/ |
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Pillar of the Community
United States
7375 Posts |
Quote:
If a coin is worn or damaged to an extent that makes it impossible to identify the date, mint mark, or variety, an Authenticity Unverifiable will be issued. That is interesting, because it doesn't look too worn or damaged  Maybe they couldn't identify the variety |
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Moderator
United States
16677 Posts |
Variety is a tool to verify authenticity.
They literally spend seconds grading coins. I imagine they spent a little more time on this one..but not much.
In a nutshell, they weren't sure of authenticity.
swcoin.ecrater.com
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Pillar of the Community
United States
2077 Posts |
I think the date may have been retooled.
If it were resubmitted, I'd bet the same thing would happen. Be interesting to buy it and see what NGC says.
Edited by OldSkoolMadSkilz
08/09/2015 01:11 am
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Pillar of the Community
United States
1812 Posts |
 Looks like it's going to sell...  Edited by Broken-Coin
08/09/2015 03:28 am
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Pillar of the Community
United States
1812 Posts |
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Bedrock of the Community
United States
12057 Posts |
$961 for that coin is pretty insane. I think it's real, but heavily worked.
It's an exceedingly scarce date, and it's far and away the cheapest 1799 you're going to find if it's real. the Bay currently has a "PCGS Genuine" example for $1.9k, a mutilated AG for $2.4k, a full grade PO-01 lowball for $3k, and a super-porous G details in a SEGS holder for "only" $766.50 (with 5 days left and 32 bids already.)
Some dreamer wants $29.4k for a Genuine PCGS (claimed XF details, but not) example...
Member ANA - EAC - TNA - SSDC - CCT #890 "Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis |
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Replies: 13 / Views: 3,586 |
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Posted 08/08/2015 4:31 pm
