| Author |
 Replies: 11 / Views: 2,722 |
|
|
New Member
United States
5 Posts |
Can you help me out and tell me if this may possibly be worth anything? From what I see on ebay lesser quality ones are going for about 20 bucks... and even so is it real?    |
|
|
|
New Member
 United States
5 Posts |
Sorry about the poor lighting, I can get more shots if needed.
(+1) Also, this was in a plastic envelope holder along with another Polish thaler which I've idenified as a 1671 Michael Korybutt.. estimate @ $20k+ ... surely this one can't be real... or I'm misinformed... pics to come of the other one.
They both have some sort of rejection slip fron the NGC ... cannot be encapsulated in an NGC holder due to cleaning (1671) and obverse damage (1622)
|
|
Pillar of the Community
United States
4883 Posts |
First off, welcome.
NGC, PCGS, et al slab coins all the time that've been cleaned or have damage, these defects being noted on the label, resulting in a "details" grade. In any case, I certainly don't see any obvious obverse damage as alluded to. The "rejection slip" you could be itself a fabrication/forgery intended in an underhanded way to "authenticate" the coins.
Need to get to basics with these. First, get an accurate weight for each. Second, see if a magnet is attracted to either.
Colligo ergo sum
|
|
Pillar of the Community
United States
1156 Posts |
|
|
Pillar of the Community
United States
1962 Posts |
Just your average everyday UNC 1600s Polish thaler... no cause for concern.
|
|
Pillar of the Community
Norway
1358 Posts |
This coin is fake.
First of all, NGC doesn't reject coins for being cleaned or slightly damaged, especially not rarities like this one. Everything gets slabbed, like Lucky Cuss explains. Those 'rejection letters' are thus also fake.
Second, an uncirculated coin of about $20.000 in a plain envelope? Indeed, too good to be true. This then usually applies to the whole envelope...
Third, the actual coin looks different. And after 400 years, even 400 years on a shelf, one should expect the coin to show age. This one looks as shiny as if it has been struck a week ago, which it actually well might be. In China, I guess.
|
|
Pillar of the Community
United States
1962 Posts |
Quote:
which it actually well might be. In China, I guess. INDEED!! UltraRant is of course correct. While this coin is clearly a modern Chinese emission, to be a PITA, I will note a few things: 1) In theory, a coin **could** be found with a bodybag tag from the days (really not that long ago) when NGC would only holder a coin if "problem-free"... I would gather that the tags in this case were made up with that in mind... hoping to foll the collector with JUST enough knowledge to overthink it... 2) $$$$ coins in envelopes - Not nearly the same scale, but... Last year I bought a Straits Sett. 50c piece off ebay, certainly straight out of an estate (it was stated as such, and many of its collection-mates were also listed), sold in its ca. 1950 2x2 kraft envelope. It is absolutely a strong AU (55ish), perfect skin, solidly worth $800. What was the envelope marked? "VF - $1.50". Again, though, this does not relate to this "Polish thaler". |
|
New Member
United States
5 Posts |
Edited by weffy
04/06/2017 11:23 am
|
|
New Member
United States
5 Posts |
Yes, I see now these look indeed fake after seeing the pictures of real ones. Thanks, now on to the next interesting coins I find from inside this box.
|
|
Pillar of the Community
United States
2589 Posts |
NGC used to put way more coins into "body bags" years ago than they do today. Its entirely possible that this is an older coin that was rejected prior to them adopting details grading. ANACS used to scoop up a bigger portion of the market than they do today because they offered details grading of coins. Now all the big TPGs offer details grading. Rejection slips like these cannot be used as evidence that a coin is genuine though, because once NGC had deterimed that the coin was ineligible for grading they simply rejected them without further inspection.
|
|
Pillar of the Community
United States
1962 Posts |
... or could simply be genuine bodybag tags from different coins that some shyster put with these slugs.
|
|
Pillar of the Community
Norway
1358 Posts |
It would literally take my secretary 5 minutes to make a note that looks just like that and 5 more to print an infinite amount of them. And then 5 seconds more to just put a few random marks in or near the boxes with a ballpoint. There's absolutely no indication that these notes are real. I would expect NGC to add at least a logo or so or come up with something that looks a bit more professional. Besides that, the real reason should have been 'not genuine'.
Edited by UltraRant
04/06/2017 10:04 pm
|
| |
Replies: 11 / Views: 2,722 |
|
Posted 04/05/2017 11:25 am
