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1921-S LWC , Am I Missing Something Here ?

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Coinguy1986's Avatar
United States
305 Posts
 Posted 12/30/2015  12:07 am Show Profile   Bookmark this topic Add Coinguy1986 to your friends list Get a Link to this Message Number of Subscribers
Hello guys

So a few minutes ago I was on ebay looking at LWC , I came across this 1921s listed for $6 bucks .. This is a date I need so I grabbed my RedBook and grading guide so I could get an idea on the value of this coin ...

Going by photos online and my ANA grading guide I though the coin looked solid EF40 possibly EF 45...
So RedBook ( high retail I know ) has EF at $35 and AU 50 at $75, so I purchased the coin ...
I messaged the seller and ask about the coin , he says problem free but why was the coin listed so cheap ?
Is there a problem I'm not seeing or am I overgrading the coin?




Here the link
Please take a look and let me know what you think :)
131673231629
New Member
nathancharli's Avatar
United States
7 Posts
 Posted 12/30/2015  01:29 am  Show Profile   Bookmark this reply Add nathancharli to your friends list Get a Link to this Reply
I think you're right on. I say XF40, but I'm new. Wait for a more seasoned opinion. Nice buy btw.
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BH1964's Avatar
United States
10982 Posts
 Posted 12/30/2015  07:49 am  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
XF40 sounds about right and the price was good. There are some rim issues that look minor and perhaps a touch of verdigris but nothing major. A quick look at ebay's completed listings will give you a good idea on retail value for similar pieces and it looks like you got a good deal on this one.
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kanga's Avatar
United States
5825 Posts
 Posted 12/30/2015  07:57 am  Show Profile   Bookmark this reply Add kanga to your friends list Get a Link to this Reply
I think it's only a VF.
And not on the high of that.
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T-BOP's Avatar
United States
18456 Posts
 Posted 12/30/2015  10:50 am  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply

The coin has too many issues for me to call it EF-40.
I don't like grading coins that are speckeled with dings, pings, and dongs. SORRY
Valued Member
Coinguy1986's Avatar
United States
305 Posts
 Posted 12/30/2015  11:54 am  Show Profile   Bookmark this reply Add Coinguy1986 to your friends list Get a Link to this Reply
I will admit I didn't notice the rim issues, but they seem pretty minor to me...
I agree it's not the best example in that grade range ..
I'm seeing what you would expect on a circulated coin though, not sure I've ever seen a circulated coin that didn't have a few dings and pings...

I'm not going to lie , I'm not much at grading these but after looking at EF slabbed LWC on ebay this morning I would be shocked if this coin isn't EF ..


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KenKat's Avatar
United States
4085 Posts
 Posted 12/30/2015  1:19 pm  Show Profile   Bookmark this reply Add KenKat to your friends list Get a Link to this Reply
I would say there's just enough uncertainty on the grade to keep the price down. You paid VF money, so you are ok either way. This is how ebay bargains are made - pay based on the worst possible scenario and anything better is gravy. I've had my share of misses, but I have a number of coins in my collection that are WAY nicer than what I paid for them on ebay.
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BadThad's Avatar
United States
19951 Posts
 Posted 12/30/2015  2:31 pm  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
Looks to be VF30, I hate angled photos! Some rim dings and a light scratch above the date.
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Coinfrog's Avatar
United States
94367 Posts
 Posted 12/30/2015  3:40 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Not for me.
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CoinHuntingDrew's Avatar
United States
4932 Posts
 Posted 12/30/2015  9:52 pm  Show Profile   Bookmark this reply Add CoinHuntingDrew to your friends list Get a Link to this Reply
XF-45. Rim chatter and scratch above date.


Reverse residue by the right wheatstock, might be lamination.
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IndianGoldEagle's Avatar
United States
36745 Posts
 Posted 12/31/2015  10:12 am  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
VF-30
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srs77's Avatar
United States
3160 Posts
 Posted 01/01/2016  1:00 pm  Show Profile   Bookmark this reply Add srs77 to your friends list Get a Link to this Reply
VF-35
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jjwabraham's Avatar
United States
288 Posts
 Posted 01/08/2016  9:36 pm  Show Profile   Bookmark this reply Add jjwabraham to your friends list Get a Link to this Reply
I'm thinking VF-30 (Dull). The rim cuts though small and light and the dullness, cause some people to avoid, thus fewer bidders. The seller probably had little or no money into it, so any price is a good price. If you are happy with it, you did well.
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jjwabraham's Avatar
United States
288 Posts
 Posted 01/08/2016  9:38 pm  Show Profile   Bookmark this reply Add jjwabraham to your friends list Get a Link to this Reply
That's the appeal of ebay. Like KenKat, I have purchased more great bargains than stinkers.
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Canada
1463 Posts
 Posted 01/08/2016  10:02 pm  Show Profile   Bookmark this reply Add Alan to your friends list Get a Link to this Reply
That looks like a dandy, I'd guess an Ef 40
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