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Replies: 65 / Views: 8,940 |
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Pillar of the Community
United States
887 Posts |
T-Bop, can you go into more details of what you see as red flags and issues to help others learn? I'm not well-versed in 09-S VDB's, but do have it on my shortlist, and any knowledge now will help in the future.
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Pillar of the Community
United States
1963 Posts |
I mean, I'd probably take a $6 shipping fee risk too. I could cross it over to ANACS cheap if you like.
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Pillar of the Community
United States
3473 Posts |
Honest question, Is an ANACS slabbed details coin worth much more than a no name details slabbed coin? Or a details raw coin for that matter?
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Valued Member
United States
131 Posts |
 Your story is quite interesting. It's good that you're able to return it in case it turns out to be a nasty yuck coin, so not a big risk. The price alone is a red flag. I looked up listings of the FN12 condition on ebay and they are way, way over $250, into the $600's at least. Another red flag is that fishy slab. Obviously not a TPC like PCGS or NGC. If anybody can find a verification code for this coin (if it even has one) and determine what company graded this coin, I might be able to see if I can look it up and verify if this is really a graded coin.  In case this is fake and he re-lists the item after he gets it back, we'll report him and daddy bobby will shoot it down 
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Bedrock of the Community
United States
12437 Posts |
Quote: determine what company graded this coin It is an old PCI slab so it was graded by a legitimate TPG.
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New Member
 United States
32 Posts |
I have a barcode number from the back it reads.... LIC09SVDB 94GD
That's curious that's the slab is an old grading company, it looks like a very worm case, so obviously old then, I thought it was just a 'hand made' one and printed off the rest. Will get a picture up when I figure out how again.
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New Member
 United States
32 Posts |
Quote:Quote: determine what company graded this coin It is an old PCI slab so it was graded by a legitimate TPG.  That image was provided to me after the auction ended, so it wasnt on the original listing. The reason why I THINK it was so cheap was the horrible way it was listed, you can go back to ones recently sold, just dont search under " US coins" because its not there, it was listed in the wrong category. So I think many people never saw it unless they always search ALL Listings. http://www.ebay.com/itm/1909-S-VDB-...p=true&rt=ncI think it was a combination of crappy pictures and a bad listing kept people away. I was VERY hesitant to bid, but I looked up the seller and its a silver/Gold shop in North Carolina. When I asked for more pictures via text after the listing, one of their employees did it. ---- So that my reasoning of bidding. It didnt go the full price because you cannot even see the VDB in the pictures (I assume). I feel better knowing that its in an old slab from a TPG, I will see if they have documents anywhere about it. I appreciate everyones insight. Such a great place, glad I stumbled upon it.
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Bedrock of the Community
United States
17884 Posts |
Like biokemist said it is in a PCI slad from the generation right after they started using the HALLMARK shells. That makes it sometime around 1991-93. The hobby snubbed their nose att hem because they weren't PCGS but they were good at authentication and their grading was good. I suspect it is almost certainly genuine and the sharpness grade is probably accurate.
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Moderator
 United States
189053 Posts |
I am going to be cautiously optimistic here. 
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New Member
 United States
32 Posts |
Quote: Like biokemist said it is in a PCI slad from the generation right after they started using the HALLMARK shells. That makes it sometime around 1991-93. The hobby snubbed their nose att hem because they weren't PCGS but they were good at authentication and their grading was good. I suspect it is almost certainly genuine and the sharpness grade is probably accurate. Interesting, and very old. I will try contacting PCI and see if they still have records of the coin. Might save me a little hassle if they can confirm the coin for me. Next question would be.... If authentic, do I get it re-slabbed by PCGS since they have been named the gold standard by the hobbyists?
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Pillar of the Community
United States
1963 Posts |
Yes. Actually, I would say keep it in that old PCI holder. I thought it was a PCI holder, but I didn't know I what the old holders look like. Yes, I am almost 100% sure it is real because PCI is a legitimate grading company.
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Rest in Peace
United States
17900 Posts |
Coin gambling pays off at about the same rate as gambling in Vegas. You don't win too often. But best of luck.
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Valued Member
United States
131 Posts |
That's pretty interesting. I tried to find a way to verify it but I don't think PCI has one  Well hey, if you can get it to a local coin guy to verify if it's real then hold on to that sucker!  If it's fake then send that scrap pile back to where it came from! 
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Bedrock of the Community
United States
94367 Posts |
Even if legit, the price clearly reflects the ED and may not be quite the bargain it seems.
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New Member
 United States
32 Posts |
True. My main curiosity was the extent of the damages. From the blurry pictures it looked like some minor corrosion around the rims, obviously I wont know til I see the coin myself. Before I knew it was a PCI slab I thought it was just the opinion of whoever put it in the holder. So I was suspect of the grade in general.
I do beg to differ on the price however, since Corroded, cleaned and damaged coins that grade G seem to sell for $350-400. I could probably get this coin, take better pictures and turn around and sell it for $400+. Obviously all my opinion, and I appreciate everyone's insight on the matter. You all probably know more than me when it comes to coins.
Awaiting a return email from PCI, but with all their changes in management, I'm not too confident in a response or an answer on this coin.
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Replies: 65 / Views: 8,940 |