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1858 Flying Eagle Cent Small Letters AU USCG

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USSID18's Avatar
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 Posted 11/11/2018  2:37 pm Show Profile   Bookmark this topic Add USSID18 to your friends list Get a Link to this Message Number of Subscribers
Is USCG a legitimate coin grading company? Does this look legit to you? The price seems low for this grade.

https://www.ebay.com/itm/1858-Flyin...f:0&LH_BIN=1

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BH1964's Avatar
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 Posted 11/11/2018  2:44 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
No and there's a good size spot of verdigris on the reverse. The holder also obscures about 60 degrees of the top of the rim on both sides. The price is a bit low for an AU55 for a good reason. Save your money and save a few more bucks for an NGC or PCGS piece.
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Coinfrog's Avatar
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94367 Posts
 Posted 11/11/2018  3:48 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
To be honest with you, I have no problem with the grade on this coin, its appearance, or the price.
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Mark1959's Avatar
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 Posted 11/11/2018  6:00 pm  Show Profile   Bookmark this reply Add Mark1959 to your friends list Get a Link to this Reply
Good size spot? That little thing - take care of that with Verdi-Care. That seems like a very nice FE cent condition wise. $150 is around an average price for that coin.
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Spence's Avatar
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34397 Posts
 Posted 11/11/2018  7:26 pm  Show Profile   Bookmark this reply Add Spence to your friends list Get a Link to this Reply

Quote:
Is USCG a legitimate coin grading company?


Perhaps things have changed over the last ten years, but many of the early CCF posts about them are pretty unfavorable:


http://goccf.com/t/26359
http://goccf.com/t/24918
http://goccf.com/t/29799
http://goccf.com/t/3417
http://goccf.com/t/57209
"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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BH1964's Avatar
United States
10982 Posts
 Posted 11/11/2018  8:03 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply

Quote:
Good size spot? That little thing - take care of that with Verdi-Care. That seems like a very nice FE cent condition wise. $150 is around an average price for that coin.


I reported this auction and you should too. It is in direct violation of ebay coin listing policy (Non-accredited slabber displaying a numeric grade).

You could crack it out of the "slab" to treat the verdigris. At least then you would find out if there is damage on the parts of the rim that are hidden by the slab.

USCG is a self-slabber and is not a legitimate third party grader. PCGS and NGC certified pieces are available for little more money.

The OP is asking for advice. The prudent advice is to avoid this coin or at least buy it a raw coin with a return privilege.


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MikeF's Avatar
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 Posted 11/11/2018  10:52 pm  Show Profile   Bookmark this reply Add MikeF to your friends list Get a Link to this Reply
I don't look at a lot of these flying eagles, but I can guarantee that coin will not grade as this basement slab suggests. That said, this seller has a great reputation so if I were seriously considering this coin for an acquisition, I would ask the seller first. He knows why it's discounted and I suspect he will be a straight shooter if you inquire.
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MikeF's Avatar
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3479 Posts
 Posted 11/11/2018  10:55 pm  Show Profile   Bookmark this reply Add MikeF to your friends list Get a Link to this Reply
And if you're friendly and honest, I wouldn't be surprised if he came down in price.
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USSID18's Avatar
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 Posted 11/12/2018  11:34 am  Show Profile   Bookmark this reply Add USSID18 to your friends list Get a Link to this Reply
I haven't forgot about you guys. I'm figuring some things out. I'll get back to you with an update.
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SilverDollar2017's Avatar
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 Posted 11/12/2018  11:38 am  Show Profile   Bookmark this reply Add SilverDollar2017 to your friends list Get a Link to this Reply
USCG is a basement slabbing company. From what I can see the coin isn't terribly bad except for the small amount of verdigris on the reverse. The holder might be obscuring some rim issues.
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USSID18's Avatar
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 Posted 11/12/2018  11:46 am  Show Profile   Bookmark this reply Add USSID18 to your friends list Get a Link to this Reply
Thanks SilverDollar2017. You should have just said; with BH1964.
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SilverDollar2017's Avatar
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 Posted 11/12/2018  11:48 am  Show Profile   Bookmark this reply Add SilverDollar2017 to your friends list Get a Link to this Reply

Quote:
You should have just said; with BH1964.



Well, I didn't want to do that just for the sake of increasing post count, so I decided to put some more info into my post to share my opinion.
Edited by SilverDollar2017
11/12/2018 11:48 am
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IndianGoldEagle's Avatar
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 Posted 11/12/2018  11:49 am  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
AU-55
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USSID18's Avatar
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 Posted 11/12/2018  11:52 am  Show Profile   Bookmark this reply Add USSID18 to your friends list Get a Link to this Reply

Quote:
Well, I didn't want to do that just for the sake of increasing post count, so I decided to put some more info into my post to share my opinion.


Okay, thanks.
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Mark1959's Avatar
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 Posted 11/12/2018  1:33 pm  Show Profile   Bookmark this reply Add Mark1959 to your friends list Get a Link to this Reply
OK - say this exact coin was pictured as a raw coin (Which in reality, with that so called TPG, it actualy is) who would consider buying it? Or would you still run around flapping your arms screaming "DON"T BUY IT?

I would consider buying it for that price.
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SilverDollar2017's Avatar
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8715 Posts
 Posted 11/12/2018  3:01 pm  Show Profile   Bookmark this reply Add SilverDollar2017 to your friends list Get a Link to this Reply
Well, I'd buy it for the right price. Only thing that could be hidden is the rim. The rest looks okay to me.
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