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 Replies: 23 / Views: 5,864 |
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New Member
United States
16 Posts |
I was wondering if this is a good place to buy coins from. Their coins look so good. Do they look to good? Have they been cleaned etc. Just need the input of those more knowledgeable than me. Thank you for your help.
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Moderator
 United States
34416 Posts |
@SLH1, good question and you do have cause to be concerned. This subject has been explored on multiple threads previously. You can use the search box in the upper left hand part of your screen with the keywords GREAT SOUTHERN COINS to see these.
"If you climb a good tree, you get a push."
-----Ghanaian proverb
"The danger we all now face is distinguishing between what is authentic and what is performed."
-----King Adz
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New Member
 United States
16 Posts |
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Rest in Peace
United States
18456 Posts |
GSC Are known to be experts on photography of there coins to make them look the best they can possibly be. I have bought a couple of coins from them with virtually no complaints . Just view their photos very carefully before pulling the trigger , I used to have the same concerns as you with this seller . Thread lightly with them and you can find a nice no problem coin .  |
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Pillar of the Community
United States
705 Posts |
Personally I've questioned their raw coins but I have bought a graded coin and was happy with it. I will only buy graded from them now.
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Pillar of the Community
United States
8715 Posts |
I have purchased from Great Southern Coins previously, and I was satisfied with my purchase. Just look at the photos carefully and you should have no problems.
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Pillar of the Community
5464 Posts |
I've always suspected them of shill bidding. Juiced pictures and overly high prices....stay away.
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Pillar of the Community
United States
7621 Posts |
Ask yourself this question....
"Why on earth would a rare coin that looks so good NOT be in a 3rd party graded slab where it would bring the most money?"
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Pillar of the Community
United States
3479 Posts |
Yaak! I Didn't know there was another thread about these guys. Not for raw coins. I repeat: NOT for raw coins.
Graded coins by the top 2 tpgs should be fine.
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Pillar of the Community
United States
591 Posts |
I've also been wary of this seller. My only experience was a month ago when I purchased this 1926-S Mercury dime raw. The first two photos below are my personal pics after receiving the coin. The two subsequent photos are what GSC had posted on ebay. As you can see in my pics, there is a scratch just off Liberty's nose that really isn't discernible in GSC's photo. It isn't too bad and is really visible primarily from one angle; overall I'm happy and a professional at my LCS thinks the coin is problem free (as well as most CCF members that commented when I posted this). However, I know they manipulate their photos and I'm not sure I would buy (raw coins) from them again.     |
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Rest in Peace
United States
10625 Posts |
Quote:
and overly high prices This is the main reason I no longer even entertain the thought of purchasing anything from GSC. They seem to have a huge following of buyers that seem to want to win at any cost.  |
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Valued Member
New Zealand
148 Posts |
GSC gets slammed regularly - here and elsewhere. For that reason, I think there are good cherry-picking opportunities. Perhaps the best purchase I've made from ebay (in terms of value for money) was a BHLC from GSC. The price was high enough ($200ish) to keep the neophytes away and the seller's name kept many of the collectors at bay. That particular coin is a beauty and was not misrepresented in GSC's photos. |
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Pillar of the Community
United States
591 Posts |
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Moderator
United States
15445 Posts |
Informative replies indeed ...
My input is similar ... know what your are buying and tread very carefully on GSC raw coin auctions.
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New Member
United States
4 Posts |
I'm a fairly astute coin buyer and seller. I am frankly surprised--no shocked--that anyone would buy any raw coin from greatsoutherncoin--on ebay or elsewhere. I tested them several years ago and purchased numerous raw coins from them. I sent all to NGC for grading. About 75% of the coins I purchased from them had been altered in some way. Yes, their photos are amazing. They've really done their homework in that department. But so what? Why would any sane coin buyer buy coins based on that and that alone? The amazing photos notwithstanding, if you buy a raw coin from greatsoutherncoin you will likely wind up owning an altered coin that will down the road be impossible to resell. Here's another thing to consider. Why would anyone in his right mind shell out good money (up to 10K in some cases) for a raw coin from this seller (or any seller for that matter) with no guarantee that the coin has never been altered or is genuine? Wouldn't high end coins like that have been sent in previously to be professionally graded? Why weren't they graded? They weren't sent in to be graded because they were likely altered. Or--they were sent in, rejected (as mine were), sent back, popped out of their holders, and sold raw to unwitting buyers as unaltered, picture-perfect coins. Edited by davidrhorer
03/09/2018 6:07 pm
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Bedrock of the Community
United States
94367 Posts |
I'm with the majority here - I've hardly ever heard anything positive about GSC.
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Replies: 23 / Views: 5,864 |
Posted 02/24/2018 08:41 am
