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Replies: 28 / Views: 2,463 |
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Pillar of the Community
United States
4469 Posts |
The coin would need to grade XF 45 for you to get the $3700 value. From the posted photos the coin appears at best to be a high VF. I hope you have return privileges. As a new collector, you should be purchasing this type of coin in a NGC or PCGS holder from a trusted source.
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Pillar of the Community
 United States
5191 Posts |
For $3,700 the coin MUST be graded by NGC or PCGS, IMO.
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Pillar of the Community
United States
2869 Posts |
I agree. If possible once the coin comes and does appear to be like it seems on here you will hopefully be able to get a return.
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Pillar of the Community
United States
4680 Posts |
Agreed with the upthread. Even with overexposed pics, it's pretty easy to tell this is not an XF45, therefore, very overpriced for a raw example. This one looks like it may have some issues as well, very possibly cleaned/harshly cleaned, which, if so, puts it under $1000.
See how you looks in hand, hope it can be returned, and if not, an expensive learning experience.
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Pillar of the Community
United States
3655 Posts |
First,  I ran some adjustments and filters on the seller's pictures. Here's the best I can do with those photos.   IMHO, this is one to return for a refund.
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Pillar of the Community
United States
4692 Posts |
OP should return it ASAP. I don't understand posting it for opinions AFTER it was purchased, but better late than never I guess. It's pretty much a "dog" in my opinion. VF details at best.
Edited by jimbucks 07/02/2021 8:53 pm
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Bedrock of the Community
United States
94367 Posts |
Hope OP can get his money back. This is a screw-job hype.
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Pillar of the Community
United States
9792 Posts |
 I wouldn't touch this coin with a 50 foot pole outside of a PCGS holder, and I'm not even a big fan of TPGs personally for me. I do feel PCGS, NGC, ANACS, SEGS, and ICG all do a very good job of trying to weed out fakes and counterfeits from the marketplace. PCGS and sometimes NGC are about the only holders that add value to a coin for a grade IMO. I feel it's a $700 - $1000 coin at best. Hope the OP can get a full and expedient refund post haste!
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector. See my want page: http://goccf.com/t/140440
Edited by westcoin 07/02/2021 9:50 pm
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Pillar of the Community
United States
4692 Posts |
Quote: I feel it's a $700 - $1000 coin at best. That's probably pretty generous. It's a dog. Some may call it a cull.
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Bedrock of the Community
United States
36782 Posts |
Sometimes there's a reason they post lousy photos to sell a coin. Like others said, this is one I'd avoid.
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Pillar of the Community
United States
2955 Posts |
Ok, based on these new photos, i'll revise my grading to about VF-30 at the highest. In my eyes, yes, 3700 is a wee bit too high of price for this grade, but I'm not quite at cull status with this one, since to me culls are fairly damaged coins.
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Pillar of the Community
United States
7621 Posts |
1. Looks cleaned and appears to suffer from environmental damage of some sort. It is a Details coin at best based on what I can see in these jacked-up pictures. The Seller is hiding the true appearance of the coin.
2. Unless and until you know 110% of EXACTLY what you are buying never lay out hard earned money on any collectible.
3. Any high high dollar coin being offered raw is being offered raw because the seller KNOWS 110% that the coin will not straight grade!
For your sake I hope you have a return privilege and can recover your money.
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Pillar of the Community
United States
3655 Posts |
I've bought and sold enough raw 1889-CC dollars over the years, but never without examining the coin in hand, confirming the VAM, and checking for die markers. It's one of the most counterfeited coins in existence. I don't often say things this bluntly, but I feel the need to do it here. If those are the seller's pictures, they are flatly dishonest. Sloppy photos with flashback and lack of clarity may be fine on a ten or twenty dollar bulk coin ("average circulated common date Walker, date my choice"), but absolutely not on a high dollar coin. The seller's pictures make it impossible to grade the coin, determine obverse die markers, or make any assessment of VAM, authenticity, surface conditions, or details/straight grade. I don't care who the seller is, this kind of sales tactic is wrong. This is the stuff that hurts all of us. It needs to stop. The obverse photo was impossible to clarify enough to see anything meaningful. Just from the adjusted reverse photo, this coin would be a hard pass anywhere near four figures, if it is genuine. And I'm not even sure of that from the photos. Sorry for the rant, but this one upsets me. @Greg250k, I'm definitely not upset with you. I'm upset that you are in this situation. Please keep us posted on your refund request.
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Replies: 28 / Views: 2,463 |