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Replies: 16 / Views: 2,154 |
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Bedrock of the Community
United States
11904 Posts |
This coin sold tonight on the bay for $2,247.22. I bid on it but didn't come out on top. It was in an NNC (?) TPG holder, and was sold by an oldtime bay seller with mixed reviews. Looks AU to me but was wondering what your thoughts are on the grade of this coin. Should I have bid higher? I bid up to $2,200 and got blown out. Thanks! Listing here: http://www.ebay.com/itm/1799-DRAPED...047675.l2557  IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.com
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Pillar of the Community
United States
3843 Posts |
I'd consider yourself fortunate in being outbid. There are many cleaned/repaired coins in NNC holders. The lighter area around 12:00 on the obverse looks kind of suspect to me ..... a repaired hole perhaps?
Edited by Joe2007 01/15/2017 9:53 pm
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Bedrock of the Community
 United States
11904 Posts |
Yeah, that mark was a concern. It shows through at 5:45 in the reverse. Doesn't look like a repaired hole, but I couldn't figure out what it was. With such a large discount, I was willing to accept some problems.
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.com
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Pillar of the Community
United States
3843 Posts |
BTW that ebay seller(Centsles)owns NNC and has a long and questionable reputation in the coin community. Check out the archives for threads on this seller.
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Bedrock of the Community
 United States
11904 Posts |
Yeah, I read some of them. Rumored that he or she may be behind NNC.
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.com
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Pillar of the Community
United States
1450 Posts |
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Bedrock of the Community
United States
10982 Posts |
It looks very close to AU and would be worth at least double what it brought in a legitimate problem-free holder. You need to assume it has filed rims, tooling and/or other problems or Centsles wouldn't have put it in their own holder to sell.
In this case the price was (probably) low enough the buyer didn't get hurt too bad unless the Final Value and Paypal fees are actually paid. You see the winning bidder has 63% of their bids with centles in the last month so was probably a shill.
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Pillar of the Community
United States
3479 Posts |
So this is the notorious Centsles. I've read many threads about him but users misspell his user name.
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Pillar of the Community
United States
688 Posts |
Be glad you lost that auction. Consider yourself lucky
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Bedrock of the Community
 United States
11904 Posts |
Curious as to why - details appreciated. Thx. 
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.com
Edited by numismatic student 01/15/2017 10:58 pm
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Bedrock of the Community
United States
12057 Posts |
Almost anything in a NNC slab, or sold by this seller, is garbage and should be avoided like the plague. There are a VERY few exceptions.
His main "specialty" is buying coins which have been details graded or would be details graded, cracking them out, "doctoring" them, and putting them into his basement NNC slabs as problem-free coins graded about 10-30+ points higher than the real thing. 100% scam artist, liar, and fraudulent seller with a 10+ year history of victimizing the uneducated.
Buying anything in a NNC holder is a ticket to disappointment and financial loss. The "lucky" bidder won 1799 dollar that has been tooled, cleaned, and has a (poorly) repaired hole.
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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Bedrock of the Community
 United States
11904 Posts |
Thanks for the helpful information. 
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.com
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Pillar of the Community
United States
3210 Posts |
You dodged a very expensive bullet.
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Rest in Peace
United States
17900 Posts |
That single seller does more harm to the collecting fraternity than any other two of the next worst sellers combined.
When you can tell it's their coin just by looking at a single photo, you know they have all been through his "upgrade" process.
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Bedrock of the Community
United States
94367 Posts |
 Well said.
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Pillar of the Community
United States
3516 Posts |
 also, a bullet dodged
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Replies: 16 / Views: 2,154 |