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Replies: 21 / Views: 3,327 |
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Bedrock of the Community
United States
14454 Posts |
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Pillar of the Community
United States
5318 Posts |
I don't collect this series, but if that's a proof 5c w/rays, I think the population is about 75, according to coinfacts? His "value" seems a bit high, and I can't understand why that's not slabbed? 
Edited by KurtS 03/12/2008 7:50 pm
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Pillar of the Community
United States
812 Posts |
Maybe I'm missing something, but he appears to have his facts essentially correct (though worded a bit oddly, and he doesn't specify he's talking about proofs till late in the description); the total mintage is about right for proofs and the price is in the ballpark.
The listing says it is PCGS certified. It is odd that the pictures do not include one of the slab.
Edited by Bilbo 03/12/2008 7:56 pm
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Bedrock of the Community
 United States
14454 Posts |
it just seems he would definitely mention its a proof to bring more attention to the coin, and he would also show the slab so everyone would know it is a PF-64 Cameo for their self. He never really comes out and says its a proof if you don't look above the description to see method of manufacture you would think he was referring to a Business Strike and most people would just think he was out of his mind and go on to the next auction. I guess what I am saying is if I was trying to sell a 60k dollar coin I would show every angle of the coin possible and make the auction a little more eye catching and have a very informative description. It actually took me 3 times looking at the auction before I ever got to the part to know he was referring to a Proof coin and considering the pictures aren't that great you really can't tell that is what this is until you read the last line (and most people will never get that far into the description before they click off of the auction)
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Pillar of the Community
United States
812 Posts |
I agree. This guy definitely failed Marketing 101. And he's only sold a handful of items; none since 2006. Very very odd.
Nice looking nickel!
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Pillar of the Community
United States
5318 Posts |
 with you guys. So I'm guessing this was bodybagged by a TPG and he's being intentionally vague here. Just a guess, because if it's a good coin, it should be in a high-profile auction.
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Member
United States
3242 Posts |
 no PCGS holder or cert # $59,000.00 I report it lets see if what happens
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Pillar of the Community
United States
6394 Posts |
The seller does provide a PCGS certificate number in the listing and that number is confirmed as valid on the PCGS website. It corresponds to a certified PR-64 Cameo 1867 With Rays coin. That is indeed a rare issue with an original mintage estimated at only 25 pieces. Heritage sold a PR-64 non-Cameo example for $46,000 in 2006. This seller might be able to get $59,000 for his coin at auction on Heritage, but if can turn it quickly on ebay and still get his price, more power to him. It is a beautiful, rare coin. Call me cheap, but I'll settle for my PCGS MS-63 (non-Proof) example of this date. It cost me less than 1% of the asking price for this Proof.
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Moderator
 United States
6563 Posts |
I'd say Pluto  Oh wait...you asked what Planet  The auction itself doesn't look right and he's Not a coin seller as far as I can tell
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Rest in Peace
Australia
661 Posts |
If the pictures are good enough, make your own decision. If they are not, don't offer a opinion. Ceveat Emptor. Don't rely on some plastic packaging company to grade a coin for you. If you are talking big dollars then you should know about what you are looking at and if they are asking big dollars then the pictures should be better than good. regards,
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Forum Dad
 United States
24170 Posts |
Since there hasn't been a transaction in almost 2 years, I'd be very leary of a hijacked account.
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Pillar of the Community
United States
2602 Posts |
The area surrpunding the coin should have the jacketing of the PCGS holder, shouldn't it. Since the picture of the coin is surrounded by purple, it suggest to me that he must have doctored the original photo. For what purpose? My thinking is that he may have pulled the cert # off of PCGS site and pulled a picture of the coin from another site, doctored the photo and then set up the ebay auction, hoping to get away with 59K. Why else wouldn't you show the coin in its holder and why have a purple background. Doesn't make sense. Stay away, I tell you, stay away. I'm going to ask him to send me a picture of the coin in its holder and have yesterday's newspaper next to it and see what he says.
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Pillar of the Community
United States
2602 Posts |
Here is the question I asked:
"Hi, I just saw this gorgeous and rare coin and am interested. Since this is such a high priced item, I was wondering if you could kindly send me pictures, front and back, of the coin in its original PCGS holder, sitting on top of yesterday's newspaper, to ensure it is legitimate. I appreciate your efforts."
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Pillar of the Community
United States
5318 Posts |
 Why wouldn't the guy show the PCGS holder when that nearly guarantees a quicker sale at a higher bid?  I'm suspicious that he has a coin that won't grade, so he took that info off an auction.
Edited by KurtS 03/13/2008 2:57 pm
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Rest in Peace
United States
1501 Posts |
and at $45.00 shipping it had better be coming Brinks armored!!
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Pillar of the Community
United States
2602 Posts |
Well the guy responded and said he'd send me pictures right away, so maybe it is legit after all. I'll post pics here when I get them.
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Replies: 21 / Views: 3,327 |