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Replies: 9 / Views: 6,281 |
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Moderator
 United States
23522 Posts |
Check this out: http://cgi.ebay.com/ws/eBayISAPI.dl...m=8363016403Admittedly whizzed, but an issue which has fewer than 150 graded in MS by NGC and PCGS combined. Probably AU ignoring the whiz, so it's about a $400 coin otherwise. If you could have it for less than $100, would you? I mean, it's pretty. :) I'm not going to bid on it, but the question presents itself and I'm curious as to the forum's opinion.
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Pillar of the Community
United States
2724 Posts |
In AU this coin has a CDN bid-ask of $165.00 - $180.00 In MS-60 the bid-ask is $260.00 - $285.00
Being whizzed, the details are much sharper than they would normally appear. The color is also off a bit. Retoning the coin would help, but if this coin was offered to me, I would not more than VF money for it.
$48.000 - $53.00
This is a coin that may on a good day see XF details-whizzed by Anacs.
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Pillar of the Community
United States
1541 Posts |
What's the meaning of whizzed? Is it the same as dipped?
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Pillar of the Community
United States
626 Posts |
It's my understanding that "whizzing" a coin involves polishing it with a wire brush. I think that's a mighty fine looking Barber (and I don't like Barbers much). Someone help me see the whizzing so that I don't buy ant similar coins please.
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New Member
United States
12 Posts |
There's a good description of whizzing here. http://www.coinworld.com/news/022805/BW_0228.aspThe pix aren't all that helpful, but the text covers it fairly well. It would be a ....REAL..... service if the grading services maintained a gallery of enlargements of the whizzing they see and reject.
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New Member
United States
37 Posts |
Response to ndgflo. You have the method for whizzing pretty much correct but to teach you to recognise it is very difficult in many cases. Anacs and others use a 40 power glass to grade coins and they do not miss a thing. I have some beautiful coins I purchased 30 and 40 years ago and finding now from Anacs some of them are whizzed cleaned, ex jewelry and damaged, and none of these are discernable with the ordinary 4 power most of us like to look through. I do not sell coins, but I can tell you buying them is a risky business. Buy a coin because you like it, not because you think its a good deal(it probably won't be)
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Pillar of the Community
United States
867 Posts |
I suppose if it was the only way I would ever be able to own an example of said coin, then I might consider it. If someone offered me a whizzed 1893-S Morgan at a cheap enough price, it would be a possibility....
Rachel [:p]
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Pillar of the Community
United States
1247 Posts |
IMO, the 150 pop is not relevant. There are only five 1913 liberty Head Nickels that are known to exist. Should I view an altered 1912 for 10k as a good deal?
A whizzed coin is as bogus as a rubber blow up doll.
Edited by longnine009 12/21/2005 7:55 pm
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Valued Member
United States
363 Posts |
I might buy it for bullion value only, or maybe a tad above. Of course, bullion is pretty high right now...
oops, forgot to mention, after buying it for bullion, then I'd probably drill a hole in it and put it on my keychain. That would be a nice conversation piece!
Edited by adobero1 12/21/2005 8:46 pm
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Valued Member
United States
458 Posts |
To answer your question on the topic title--ABSOLUTELY NOT! Being that I got burnt 3 times buying $20.00 Gold Saints. 1 that was severely whizzed, (1908 No Motto), rejected for cert. by PCGS, 1 1924 that was "mildly" cleaned, and a gorgeous 1915 S that was "cleaned" according to NGC, has made me a anti-buyer of any coin(s) that has been "altered".  . Unfortunately, back then, I did not even know what a whizzed or clean coin was or is, even to this day, I might have a problem detecting this (cleaned), perhaps not a whizzed coin because I now believe I can detect this very easily after educating myself on this. Cleaning on the other hand to me is harder to detect. I am still trying to get my arms around this problem. My problem was --what do I do with these coins now? Obviously I could not go ahead and hide these facts and resell these beauties to an unsuspecting newbie or a vet with a clear conscious. It took me awhile on deciding on what to do with these guys, even tho the sellers of these "flawed" coins had noooo problems selling them to me. I contacted 1 of them and told him that NGC would not slab it cause it was cleaned. His reply was "So what? even so it is a beautiful coin". Obviously he no longer is on my buy list and when I now look at his listings all his coins now are "slabbed". I still will not buy from him again.  I finally decided on a solution. I made all 3 into jewelry coins. I went ahead and bought some bezels for them. I ended up selling the 1908 on ebay in a bezel, which recovered my costs and made a couple bucks. The 1924 I sold to a coin jeweler at the FUN show last year in Ft. Lauderdale for a 60-dollar profit. And the 1915 S, o yea this puppy is so pretty, an ms65 (or even higher perhaps) I kept for myself. I put a gaudy bezel on it & bought a thick $2k gold chain to hang it on and now it is my heavy-duty jewelry piece. Remember this, most jewelry coins are either damaged, & or have been "tampered" with at some point in its history. I of course made that clear when I sold those 2.. CiScO
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Replies: 9 / Views: 6,281 |
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