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Did He Crack This One Out? $10 Gold Eagle

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edweather's Avatar
United States
7375 Posts
 Posted 02/08/2016  2:01 pm Show Profile   Bookmark this topic Add edweather to your friends list Get a Link to this Message Number of Subscribers
I knew he sold over graded problem coins in his holders, but didn't know he was a crack out artist. Well, not 100% sure he cracked this one out, but it looks suspicious. A friend of mine pointed this one out to me. Someone got hosed for about 3k.

Sold by Heritage in 2013:

http://coins.ha.com/itm/liberty-eag...bnail-071515

Sold in 11/15:

http://www.ebay.com/itm/1858-S-LIBE...311482877965

Just sold on ebay by legaleaglexyz2010:

http://www.ebay.com/itm/US-Liberty-...311536189356

Edited by edweather
02/08/2016 3:51 pm
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BigSilver's Avatar
United States
2843 Posts
 Posted 02/08/2016  2:38 pm  Show Profile   Bookmark this reply Add BigSilver to your friends list Get a Link to this Reply
Interesting- how do we know it is the same coin in each sale?
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moxking's Avatar
United States
17900 Posts
 Posted 02/08/2016  2:46 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
Short railroad track at neck following left identical.

Is there anyone here that actually believes this seller is legitimate, regardless of their feedback? It is a crying shame to think what buyers will be told when they go to sell coins bought from this 'merchant'. When someone tells them that what they paid huge money for is worth 10% of what they paid, I hope they realize that the person giving them that bad news is not the scam artist.
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TypeCoin971793's Avatar
United States
6370 Posts
 Posted 02/08/2016  2:55 pm  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list Get a Link to this Reply
Oof. Now that's a loss...
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T-BOP's Avatar
United States
18456 Posts
 Posted 02/08/2016  3:18 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply

Quote:
Short railroad track at neck following left identical.

Amazing !
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Go-Rebels's Avatar
681 Posts
 Posted 02/08/2016  3:49 pm  Show Profile   Bookmark this reply Add Go-Rebels to your friends list Get a Link to this Reply
Great sleuthing Ed!
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LocalCoinGuy's Avatar
United States
398 Posts
 Posted 02/08/2016  3:53 pm  Show Profile   Bookmark this reply Add LocalCoinGuy to your friends list Get a Link to this Reply
Unreal how many transactions this Seller has ..... Looks like someone lost some money with the final sale of the coin, compared to Heritage Hammer Price .... ebay is making money!
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Coinfrog's Avatar
United States
94367 Posts
 Posted 02/08/2016  5:01 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Duh!

Edited by Coinfrog
02/08/2016 5:03 pm
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Susuman's Avatar
United States
595 Posts
 Posted 02/08/2016  5:49 pm  Show Profile   Bookmark this reply Add Susuman to your friends list Get a Link to this Reply
Just to clarify for those reading:
The coin sold on Heritage Auctions for $4,406.25 and was in a problem NCS holder. It seems that ebay seller Centsles made this purchase. Centsles broke the coin out of the NCS problem holder and put it into his own NNC holder (his company) and gave it a 'problem free' MS-63+ grade. Centsles sold the coin on ebay for $6390.00. (plus $4 shipping for a total of $6394.00). The purchaser was LegalEagleXYZ2010. LegalEagleXYX2010 spent money to have the coin regraded by NGC and it came back as a problem coin (surprise surprise). LegalEagleXYZ2010 sold the coin on ebay for $3646.00.

So, LegalEagleXYZ2010 is the person who took the big hit on this scam, to the tune of $6394.00-$3646.00, or $2748.00 plus whatever was spent on the NGC submission and grading.

LegalEagleXYZ2010 was for sure the purchaser from Centsles as evidenced by the identical feedback scores.

I note that LegalEagleXYZ2010 is a fellow person from Michigan (as am I) and I wonder if 'LegalEagle' implies he would be in a position to do something about being scammed..... I can only hope.
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edweather's Avatar
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7375 Posts
 Posted 02/08/2016  6:18 pm  Show Profile   Bookmark this reply Add edweather to your friends list Get a Link to this Reply
Susuman, you nailed it imo. Thanks for the complete explanation.
Valued Member
United States
245 Posts
 Posted 02/08/2016  6:31 pm  Show Profile   Bookmark this reply Add TMCD75 to your friends list Get a Link to this Reply
Thanks for the explanation, I was lost. You better buy slabbed coins that are graded by NGC, ANACS, or PCGS.

People in today's society are short on morals...
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United States
171 Posts
 Posted 02/08/2016  6:50 pm  Show Profile   Bookmark this reply Add dcarr to your friends list Get a Link to this Reply
Maybe LegalEagleXYZ2010 was one of the Centsles shill bidders ?
Edited by dcarr
02/08/2016 6:57 pm
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Susuman's Avatar
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595 Posts
 Posted 02/08/2016  7:03 pm  Show Profile   Bookmark this reply Add Susuman to your friends list Get a Link to this Reply

Quote:
Maybe LegalEagleXYZ2010 was one of the Centsles shill bidders ?


Not likely at all. I checked LegalEagleXYZ2010's bid statistics and he has no history of bidding on Centsles' products.
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dsfreeworld's Avatar
United States
4337 Posts
 Posted 02/08/2016  7:38 pm  Show Profile   Bookmark this reply Add dsfreeworld to your friends list Get a Link to this Reply
here is another he is about to jam someone up on

same coin
just note all of the dings and hits and you will quickly see its the same coin

http://coins.ha.com/itm/early-eagle...bnail-071515

http://www.ebay.com/itm/1795-CAPPED...em488956cfa0

shows how bad ICG is
Edited by dsfreeworld
02/08/2016 7:41 pm
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paralyse's Avatar
United States
12057 Posts
 Posted 02/08/2016  8:33 pm  Show Profile   Bookmark this reply Add paralyse to your friends list Get a Link to this Reply
If they didn't make so much money for ebay they'd all be banned.
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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Mister Kairu's Avatar
United States
1911 Posts
 Posted 02/08/2016  8:44 pm  Show Profile   Bookmark this reply Add Mister Kairu to your friends list Get a Link to this Reply
I see what he did there... Also notice his "breaking out of holder voids returns". Very deceptive and immoral if you ask me. Buy the coin, not the holder, especially at those prices.
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