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 Replies: 24 / Views: 7,487 |
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New Member
United States
2 Posts |
Edited by BuffaloBonsai4
03/31/2018 01:48 am
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Moderator
 United States
187702 Posts |
 to the Community! Your post was moved to the appropriate forum for the proper attention.  |
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Bedrock of the Community
 United States
12477 Posts |
Is this coin on ebay? If so, maybe provide a link to it. This appears to be a very highly valued coin. I would be very wary and maybe even pass just because it is raw. That, however, is because I don't know enough about them to feel comfortable with spending $$$ on a raw coin. In Memory of Crazyb0 12-26-1951 to 7-27-2020
In Memory of Tootallious 3-31-1964 to 4-15-2020
In Memory of T-BOP 10-12-1949 to 1-19-2024
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Pillar of the Community
United States
1005 Posts |
I wouldn't trust it based on those photos.
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New Member
 United States
2 Posts |
I optimized the photos so they aren't super clear here... Looking to understand what looks "off" with this coin if anything?
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Valued Member
United States
86 Posts |
Makes no sense for the seller not to submit it to PCGS. I would offer to buy contingent on a perfect grade and I would pay in advance for the grading charge. Otherwise, forget the number cucumber.
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Bedrock of the Community
United States
20753 Posts |
You didn't say how much he wanted for it. If very expensive, should have it authenticated by a TPGS. Otherwise I'd pass on this one. Looks OK but you never know. I'd really want a TPGS to say OK. |
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Rest in Peace
United States
17900 Posts |
Anyone who is beyond the beginning stages of collecting would be especially cautious, as expressed above, of a Coin of this value raw instead of NGC or PCGS.
It's not worth the tiny chance of it being good.
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Pillar of the Community
United States
1018 Posts |
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Bedrock of the Community
United States
10982 Posts |
Think about it this way - If it is GEM BU++ it's worth several thousand dollars. Those pictures are inadequate to determine if it's worth close to that much.
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Pillar of the Community
United States
3098 Posts |
I was taken in by a fake 1857 FEC a few years back. The "tell" on that one was a notch out of the left side of the "T" in "CENT".
From what I can tell, this coin does not have that notch.
That eliminates one known fake.
If you're dealing with a reputable dealer, I'd ask for better photos.
Paul Bulgerin
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Bedrock of the Community
United States
94367 Posts |
Looks too good to be true. to the CCF! |
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Bedrock of the Community
Australia
21786 Posts |
Looks to have good detail in the design both sides and appears to be quite bright, but no mint luster. Can't quite make up my mind it it has been whizzed or not, because if it has been whizzed, some mint luster should remain between the lettering. This inconsistency raises doubt in my mind regarding the possibility of an excellent fake. This coin would have to be slabbed for mine, because I feel it would surely come back with a 'details', if genuine. Without the slab, I would walk away. Much more inclined to buy it in a slab, with the 'details', for a lower price. That is despite the fact that I am normally not keen on slabbing. Third Party Graders for American coins at least, should be very able to support authenticity or otherwise in this case, and give reliable comment on 'details', if their opinion is for genuine. |
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Pillar of the Community
United States
1475 Posts |
All great comments so far..
You need to have due diligence when purchasing high value coins.
Any coin value above $300 should be authenticated and make sure it's not a details coin. (my standard)
Also, low-pixel, inadequate pictures are presented for the coin that costs thousands of dollars, if indeed BU+++.
I would ask for better, high resolution pictures, and ask lots of questions.
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Pillar of the Community
United States
4468 Posts |
As noted the photos are inadequate to determine much. All the photos are taken at an angle that hides marks and details on a coin. The coin appears to be UNC/AU details cleaned. Note the hairlines in the field on the last photo below the eagle. If you bought this coin, the coin should be sent express to a TPG for grading. If it comes back counterfeit from the TPG, that 30 day window for a refund goes fast. You also need to figure in your grading cost in the purchase. |
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Pillar of the Community
United States
4211 Posts |
I would never purchase a raw coin with this kind of value.
A "reputable" dealer would have this slabbed before offering
it for sale.
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Replies: 24 / Views: 7,487 |
Posted 03/31/2018 02:27 am
