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Replies: 15 / Views: 1,334 |
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New Member
United States
7 Posts |
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Pillar of the Community
United States
883 Posts |
That is a very good question. Not sure I have a good answer. But I'll try. I would be hard pressed to pay that for a raw Buffalo nickel based only on pictures. I would expect to have the option of returning for a full refund if I did.
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Pillar of the Community
United States
1788 Posts |
They have a decent amount of high grade coins for sale all the time but I've always been wary of their stuff because the lighting in the photos can tend to wash out luster and it is hard to judge surfaces with that kind of warm light. They seem like a good seller with 100% feedback, and the coin looks to be accurately described but I would not bid full price on it.
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Bedrock of the Community
United Kingdom
17890 Posts |
Quote: How much are you comfortable spending on a raw coin sight unseen (except for pictures)? It depends who's selling it. The most I've ever spent on a coin on ebay was just under $1,000 but it was from a reputable coin dealer who has been in the business for years. I wouldn't spend a lot on a coin from someone with a low feedback score who obviously didn't normally deal in coins. As a UK collector, it's quite unusual for British coins to be slabbed anyway.
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Pillar of the Community
United States
5825 Posts |
For that amount of money, No Slab = No Interest.
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Valued Member
United States
202 Posts |
Assuming it's ebay and depending on the coin, it could be worth the $10 for an expert review by NGC. https://www.NGCcoin.com/expert-review-ebay/For what it's worth they will provide an estimate on authenticity and grade. If the coins authenticity is inconclusive based off of the sellers photos you get a full refund. If only the grade is inconclusive you get a $5 refund of the $10 cost. That said there are no guarantees, just 'preliminary opinions'. For a raw high value coin though $10 isn't much.
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Pillar of the Community
United States
2003 Posts |
Something looks funny about the reverse rim on that one. I would have to inspect it first hand before I would lay down that amount.
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Rest in Peace
United States
18456 Posts |
I don't like the color of that coin . That is not a monster BU toned Buffalo nickel . When purchasing the Nickel that you want It's your choice of a raw or graded coin .If your looking at a high end Buff with all the bells and whistles then I would go with PCGS or NGC . 
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Pillar of the Community
United States
3848 Posts |
It all depends on the situation to determine how much I will spend. If it is blurry photos, unexperienced coin seller, vague description, and accepted returns, I may take a shot. I wouldn't mind putting down a few hundred, but I wouldn't go more than $1,000 on blurry photos. Occationally I contact the seller to get more context on the item.
Of course I am not careless or ignorant with that amount of money, but sometimes you need to take a risk to get a great deal. I've been lucky a handful of times.
Suffering from bust half fever. Want to learn how to attribute early half dollars by die variety? Click Here: http://goccf.com/t/434955Shoot me a PM if you are looking to sell bust halves.
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Pillar of the Community
United States
7273 Posts |
If I can see a coin myself I'm much more willing to spend more for raw. If it's on ebay I'm usually reluctant spending more than $50 for raw. There are several online retailer (not ebay) that I have spent a few hundred on a raw coin/bill.
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Valued Member
United States
416 Posts |
As others have said, the more reputable the seller, the higher I'll go. For the typical regular seller on ebay w/ say 300 feedbacks and 99% positive, my limit is $100 or so, maybe $150 if the pics are really good. For an established dealer (as this one appears to be), I'd have no problem w/ a lot higher, especially if it allowed returns. That said, I don't know how returns would work with raw coins. Seems it would be all too easy to pull the ol' switch-a-roo.
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Pillar of the Community
United States
4680 Posts |
As others have said, it comes down to the photos and the seller for me. Great photos, solid seller, with a good return policy=no real price limit.
Now onto this coin. It's a one look pass for me. Looks cleaned to me. That in combination with the reverse rim scratches, pass. I've seen nice examples from this seller, and I've seen plenty of cleaned examples.
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Moderator
 United States
56855 Posts |
We can give a grade estimate here on CCF for free before you buy  John1 
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Pillar of the Community
United States
4468 Posts |
My limit is around $200 on a raw coin purchased online. In today's market it is not cost effective to send in most coins under $200 for grading because of the high cost of grading fees and shipping. The TPG grade provides a second opinion on grade and authenticity for coins over $200.
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Bedrock of the Community
United States
20753 Posts |
I would never spend even one cent on ebay.
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Moderator
 United States
187702 Posts |
Quote: I would never spend even one cent on ebay. If I followed that advice I would not completed my PCGS Ike set. 
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Replies: 15 / Views: 1,334 |
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