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1915 S Lincoln Cent Wax Job Coverup

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luvmyCAM's Avatar
United States
1479 Posts
 Posted 07/29/2018  7:23 pm Show Profile   Bookmark this topic Add luvmyCAM to your friends list Get a Link to this Message Number of Subscribers
Ran into my first professionally doctored coin unfortunately 2 years after purchase. Looked like a nice semi key date at a reasonable price from a dealer out west. Was practicing my grading skills and thought huh this is odd? a tooth pick and a gentle asitone rinse revealed this damage under a wax type filler. Good lesson for me, uncanny how well this one was doctored up...dabnabbit! Very valuable lesson for only $25.00 what a deal. Anyone else encountered such a thing? Notice not only the hole but the scratch going SW from date across bust.
1915-S-Lincoln-Cent-Wax-Job-Coverup
1915-S-Lincoln-Cent-Wax-Job-Coverup
1915-S-Lincoln-Cent-Wax-Job-Coverup
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Coinfrog's Avatar
United States
94367 Posts
 Posted 07/29/2018  7:27 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Shame. Good pics, thanks for sharing.
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Errers and Varietys's Avatar
United States
74707 Posts
 Posted 07/29/2018  7:37 pm  Show Profile   Bookmark this reply Add Errers and Varietys to your friends list Get a Link to this Reply
That's a shame. I've noticed on ebay that some of the major coin dealer sellers use some types of sprays and wax to make the coins better than they actually are.
Errers and Varietys.
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luvmyCAM's Avatar
United States
1479 Posts
 Posted 07/29/2018  7:53 pm  Show Profile   Bookmark this reply Add luvmyCAM to your friends list Get a Link to this Reply
Why is it I feel ashamed for what my dealer sold me? I actually bought an entire series 1909-1941 from the guy for around 2 G and thank goodness the keys all slabbed with a grade (all one full grade below) what was claimed. The 22 no D strong reverse came back VG10 but I paid Fine12 for it etc. etc.
Cents is all I do and in 2 years I have come leaps and bounds. I'm actually very lucky to have been hit for only 500. Keep in mind all coins were raw, I only had an old RedBook and a pocket full of 100's as my guide.I was a local coin dealers "dream come true". I thankfully can laugh at my greenhorn bull in a China cabinet mentality. Newbies...learn your craft let me be a warning to all
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Spence's Avatar
United States
34427 Posts
 Posted 07/29/2018  8:06 pm  Show Profile   Bookmark this reply Add Spence to your friends list Get a Link to this Reply
Good lesson to learn early in your collecting experience. However, I'm glad that none of the coins came back fake!
"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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oriole's Avatar
Canada
5246 Posts
 Posted 07/29/2018  8:15 pm  Show Profile   Bookmark this reply Add oriole to your friends list Get a Link to this Reply
Well, I am glad that this did not turn you off collecting completely.
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BadThad's Avatar
United States
19964 Posts
 Posted 07/30/2018  9:35 pm  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
Not uncommon, just another way to fool inexperienced collectors. I know a few dealers that routinely put Coin Care on ALL of the circulated wheats to make them glossy. When I see that sheen on any coin, I reject it immediately. A worn copper cent should show it's age and not have "perfect" and clean surfaces.
Lincoln Cent Lover!
VERDI-CARE™ INVENTOR
https://verdi.care/
Edited by BadThad
07/30/2018 9:35 pm
Rest in Peace
T-BOP's Avatar
United States
18456 Posts
 Posted 07/31/2018  07:42 am  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
with Bad Thad , and with the wear and tear on that coin I only would have paid around $14 . Lesson learned .
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luvmyCAM's Avatar
United States
1479 Posts
 Posted 07/31/2018  11:43 am  Show Profile   Bookmark this reply Add luvmyCAM to your friends list Get a Link to this Reply
10-4 on that. I have a small group of sellers I buy raw coins from now but I started out with small purchases and over the past 18 months developed a good relationship. I get the feeling there are hundreds of sellers who are more than happy to relieve me of any unwanted extra cash I no longer have use for.
Mostly I buy slabbed coins from GC sometimes have to pay 80% book but have never been burnt. Seems like a good time to buy the tough ones. Sold $1,300.00 worth of what I call scatter coins (coins not relavent to my variety set goals) and ouch! Apparently the free market didn't appreciate those coins as much as I did? This penny collecting is costing a pretty penny. Does the hunt ever end?
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IndianGoldEagle's Avatar
United States
36839 Posts
 Posted 07/31/2018  12:55 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
luvmyCAM get good at grading for yourself and don't worry about making mistakes along the way, they are leaning experiences. Even the pros make bad buys from time to time.
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Errers and Varietys's Avatar
United States
74707 Posts
 Posted 07/31/2018  10:35 pm  Show Profile   Bookmark this reply Add Errers and Varietys to your friends list Get a Link to this Reply
Some sellers are unfortunately always looking for ways to burn people out of their hard earned money.
Errers and Varietys.
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two_tonevf35's Avatar
United States
719 Posts
 Posted 08/01/2018  9:43 pm  Show Profile   Bookmark this reply Add two_tonevf35 to your friends list Get a Link to this Reply
Just chalk it up as 'tuition' money and keep on learning. We've all bought the coin before the book. Glad you're still into them!
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