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Replies: 43 / Views: 4,363 |
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Pillar of the Community
United States
533 Posts |
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Pillar of the Community
 United States
8938 Posts |
That would get a DMPL designation from a blind person.
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Pillar of the Community
United States
1023 Posts |
Not much to add except I bought a really nice coin from Julian probably two years ago and thought it was a fine transaction. All of his prices listed are very high but he came way down to a reasonable number for me. I think he has so many coins listed and maybe cant keep up with all the current pricing unless on an individual basis. The coin I bought was listed for something crazy like $7000 and when I inquired about a price, it came down to $3500 immediately so he was more then willing to be fair, in my opinion.
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Pillar of the Community
 United States
8938 Posts |
If you buy bulk from him hes really good at rates. I buy dateless buffalos for 20 cents a piece and he sells bars at tiny premiums.
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Pillar of the Community
United States
1005 Posts |
That "DMPL" morgan listing jaxenro linked could very well be fraudulent.
There are strict criteria for determining DMPL and the pictures do not allow us to assess the true quality of mirroring in the fields. Even though the photos make it look incredibly PL, they do show hints of luster in the fields that the tricky lighting and image enhancement couldn't fully get rid of. Since PCGS did not designate the coin DMPL I would suspect highly that it is just a PL morgan with some photo trickery going on to try to sell it as much more.
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Pillar of the Community
United States
4469 Posts |
On the DMPL the photos are juiced. The coin is most likely semi PL.
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Pillar of the Community
United States
1788 Posts |
On that "DMPL" Morgan linked above, pics are clearly juiced. Took a quick look at the sellers other listings. All of his photographs are juiced and lo and behold, he writes a bunch of untrue jargon on the 2x2's and most listings have the "GEM BU+++++" that so clearly is not true. I think these listings are much more fraudulent than the matte proof discussed earlier.
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Pillar of the Community
United States
5825 Posts |
I know who the seller is. He is not well thought of.
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Forum Dad
 United States
24170 Posts |
Quote: All of his photographs are juiced and lo and behold, he writes a bunch of untrue jargon on the 2x2's and most listings have the "GEM BU+++++" that so clearly is not true. I think these listings are much more fraudulent than the matte proof discussed earlier. Quote: I know who the seller is. He is not well thought of. Quote: On the DMPL the photos are juiced. The coin is most likely semi PL. Quote: That "DMPL" morgan listing jaxenro linked could very well be fraudulent. Tons of negative speculation for the seller, but the seller has averaged 1.2 feedbacks per day for the last year and his feedback is 100%.  I really need someone to explain to me how you can look at an image on the internet and know it's "clearly juiced," without ever seeing the actual coin. Just seems like a pretty neat trick to me.
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Pillar of the Community
United States
1005 Posts |
Bobby I wouldn't use the term juiced, but the images in the listing are taken to maximize the PL cameo effect. However, it is clear that the coin is not DMPL as stated since even with ideal lighting to make the devices pop and fields dark, the seller could not hide all of the luster in the fields which is a clear indicator the coin cannot be DMPL.
As one point of evidence that the photos were manipulated afterwards, please take a look at the one of the reverse of the slab. Saturation of white and black in the barcode label on the back of the slab is a clear indicator of contrast maximization in the photo due to post-processing applied to further deepen the apparent "DMPL" effect which is illusory, as discussed.
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Pillar of the Community
United States
4469 Posts |
Here is another coin graded by NGC at MS65 that the seller claims to be a monster PL/DMPL. The photo of this one can be viewed on the NGC site and the coin appears to be semi proof like. The seller uses the same deceptive practice over and over of finding semi proof like Morgans enhancing the photo to make the coin look like a PL/DMPL. The semi proof like coins are nice looking, but are not PL/DMPL. If a inexperienced collector buys the coins, they may not know the difference. 254049164365
Edited by Slider23 01/06/2019 12:06 am
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Bedrock of the Community
United States
12057 Posts |
At the risk of oversimplification, a coin is either a proof or it isn't. ANACS and PCGS would most certainly have the experience, knowledge, and expertise to determine whether a 1909 Lincoln Cent was, in fact, a matte proof, based on die markers, strike indicators, rim type, and many other factors besides. I'll flat-out say it: this coin is not a Matte Proof, and that's MY opinion. There's simply too much evidence available to authenticate a genuine Matte Proof to make it a credible scenario that both ANACS and PCGS would flat-out miss one that was submitted. You might as well win the Powerball after being struck by lightning on the same day -- it's not mathematically impossible, but it stretches credibility far past what any logical analysis would allow. To me, this listing is unethical on the part of the dealer, although it is not a violation of ebay listing practices, because he is using his reputation and experience to put weight behind his opinion. A buyer who trusts this seller and is then disappointed to find out that the coin is not, in fact, a Matte Proof, will have lost a large amount of money on the deal, and it is far too easy for the dealer to say "Oh, well, it was just an opinion, sorry I was wrong" and walk away. It wouldn't be considered a SNAD, so ebay and PayPal would not likely defend the buyer. Imagine you have a ring. Your opinion is that it's 24K gold. You take it to two well-respected jewelers, who both tell you it's 14k. You list it on ebay as a 24K gold ring, with the caveat that "Two well-respected jewelers both told me this is 14K gold, but my opinion is that it's 24K gold." The buyer wins it (paying 24K gold prices) and his own jeweler tells him it's really 14K and then proves it. As a seller, you (technically) haven't done anything wrong by ebay standards IMO, but your sense of ethics is garbage and the buyer is hosed. The same scenario could be true for any item (1804 Dollar? Two TPG's told me it's fake, but I think it's real!) While it is ultimately the responsibility of the buyer to know what he or she is purchasing on ebay, the dealer's tactics in this case are slimeball sleaze designed to fleece less-knowledgeable collectors into thinking they bought something far more rare and valuable than what they actually won.
Member ANA - EAC - TNA - SSDC - CCT #890 "Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis
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Bedrock of the Community
United States
12057 Posts |
Also, feedback on ebay when it comes to numismatic items is a poor prognosticator of quality transactions because it relies on a parity of knowledge between the buyer and seller. In other words, if the buyer is too stupid to realize the coin he bought isn't really DMPL, they will more often than not leave positive feedback because 1) They think they got a great deal and 2) They don't have the knowledge to confirm or refute the seller's assertions. This is why self-sustaining positive feedback trends occur -- let's say you have a seller who is listing several coins, all of which are harshly cleaned and dipped. Collectors with a baseline "minimum" knowledge of what to look for to detect a cleaned or worked-over coin will stay away and not bid on the coins. As a result, the coins will be won by -- you guessed it -- people who CAN'T tell the difference or lack the knowledge to detect a cleaned coin, and since they don't know any better, they will be suitably exuberant in their positive feedback for the seller provide the rest of the transaction is up to par -- fast shipping, free shipping, etc. In other words, you can have 10,000 positive feedbacks and no negs as a seller of coins and it doesn't mean anything at all except that you found 10,000 idiot buyers who were dumb enough to bid on your listings and actually pleased with themselves enough to leave you positive FB because you're obviously such a great seller, selling all those coins way below what the "books" say they should be worth!
Member ANA - EAC - TNA - SSDC - CCT #890 "Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis
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Pillar of the Community
United States
2023 Posts |
 with paralyse, with the caveat that occasionally (rarely) TPGs do make a mistake. In this case, I'd think it would behoove the seller (and therefore the buyer) to try to have the coin re-slabbed with the proper designation. That alone would ensure he got the right/higher price for a properly labeled coin. In the absence of that, the buyer paid too much and would have a hard time selling the coin at the higher price because then it's only their opinion (which is almost certainly less reputable than the seller's) and this seller is now out of the picture completely. Would this buyer be able to convince a TPG that they have a matte proof? Not likely.
Edited by Alpha2814 01/06/2019 01:14 am
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Pillar of the Community
United States
7624 Posts |
Quote: If you buy bulk from him hes really good at rates. I buy dateless buffalos for 20 cents a piece and he sells bars at tiny premiums. .20 cents each for dateless buffalos? Ouch!
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Replies: 43 / Views: 4,363 |