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Endless High Grade Busts? Huh?

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phdezra's Avatar
United States
60 Posts
 Posted 02/05/2009  9:58 pm Show Profile   Bookmark this topic Add phdezra to your friends list Get a Link to this Message Number of Subscribers
I was looking at this chap's listings on ebay and noticed he had some nice high grade Busties: http://stores.shop.ebay.com/Gerrywh...W0QQ_armrsZ1

However, upon review of his feedback, he seems to have an endless supply of these high grade Busts. I am not saying they are counterfiet, but an endless supply sends up some kind of warning flag. Any thoughts before I buy one or two?

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BH1964's Avatar
United States
10982 Posts
 Posted 02/05/2009  11:10 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
His halves are cleaned big time! Some are VF-EF yet are blast white! The pics may be photo-shopped also.

I don't think they're fakes but you can't be sure with the images he provides. Stay away!

ANA #R3154474
Edited by BH1964
02/05/2009 11:13 pm
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numismo's Avatar
United States
3039 Posts
 Posted 02/06/2009  01:37 am  Show Profile   Bookmark this reply Add numismo to your friends list Get a Link to this Reply
It's a shame that the possibility of fakes makes one look twice at coins he wants to buy. I guess with our appetite for nice coins, someone will fill it one way or another. Caveat Emptor !
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jedichef's Avatar
United States
781 Posts
 Posted 02/06/2009  03:07 am  Show Profile   Bookmark this reply Add jedichef to your friends list Get a Link to this Reply
some of those do in fact look very heavily cleaned. too bad too because a lot of them don't look to be too badly worn.
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david29's Avatar
United States
432 Posts
 Posted 02/06/2009  07:28 am  Show Profile   Bookmark this reply Add david29 to your friends list Get a Link to this Reply
Hi everyone, since the topic came up, I was wondering if bust coins are counterfeited much, I know there are some rare ones but most are reasonable in fine condition for their age
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 02/06/2009  09:00 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
The guy's photos are greatly overexposed; it's impossible to tell whether any of the coins he's currently offering have been cleaned. I would think, though, that if he were a shady seller he'd have received at least one Negative over ten years and almost 3,000 Feedbacks. He hasn't, according to Toolhaus.

Color me undecided.
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phdezra's Avatar
United States
60 Posts
 Posted 02/06/2009  09:44 am  Show Profile   Bookmark this reply Add phdezra to your friends list Get a Link to this Reply
Superdave - I thought that as well (not a single Negative feedback in thousands of transactions). On the other hand, endless supply of any coin from early 1800s seems "off" to me. I can't figure it out either. I might have to buy a couple/gamble on it and see for myself. I'll keep everyone posted if I take the plunge and go for it...
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SsuperDdave's Avatar
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23522 Posts
 Posted 02/06/2009  09:59 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
Careful with that - guys like him tend to have repeat customers, and you're unlikely to get a bargain even at auction. My turnoff is not the seller - he appears pretty good - but the quality of the photographs. My move in a situation like this (my own buying opinion, not to be taken as advice) would be to get what I considered a decent deal at a grade between 5 and 10 points lower than the apparent visual grade of the coin.

Busties are not uncommon. It's just that, pound-for-pound, they're far more expensive than Morgans due to their enthusiastic following.
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SJUHawks's Avatar
United States
383 Posts
 Posted 02/06/2009  12:13 pm  Show Profile   Bookmark this reply Add SJUHawks to your friends list Get a Link to this Reply
I'm still fairly new to this whole game, but if the coin is just for you, and you have no resale intentions, then what's the big deal if it's cleaned? Wouldn't you rather have a nice clean looking coin than a dirty one?

I mean, the whole eye of the beholder thing makes me think that there's gotta be some market for cleaned coins, no?
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biokemist6's Avatar
United States
12437 Posts
 Posted 02/06/2009  12:29 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply

Quote:
Wouldn't you rather have a nice clean looking coin than a dirty one?

I would rather have a nice, crusty original coin than something bright white and scrubbed to death
Cleaning is damage, there is no way around that. Sure, there are differing degrees of cleaning and some appear better than others but they are all damaged so that will reduce the overall eye appeal of the coin. With that said, yes, there is a market for cleaned coins, especially in the rare or key date category when non-problem examples are prohibitively expensive. Also, some people just plain do not care that they are damaged.
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BH1964's Avatar
United States
10982 Posts
 Posted 02/06/2009  1:27 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply

Quote:
...decent deal at a grade between 5 and 10 points lower than the apparent visual grade of the coin.


I agree and bid at 10 to 15 points lower on raw coins. I just picked up this bust half for $53:

http://cgi.ebay.com/ws/eBayISAPI.dl...190281634651

It looks better in hand than the pics. I grade it VF20 but the price was VG8. With the economy down, these type of deals are becoming very common.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 02/06/2009  4:00 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:
It looks better in hand than the pics. I grade it VF20 but the price was VG8. With the economy down, these type of deals are becoming very common.


You, sir, are a winner.

O-110, I think?
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BH1964's Avatar
United States
10982 Posts
 Posted 02/06/2009  5:44 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply

Quote:
O-110, I think?


I wish I knew. This is my first Bust Half purchase. The flip's marked 50/00, CV$200.

I don't see the 00 under the 50 but I'm still very happy with the coin.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 02/06/2009  6:05 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:
I wish I knew. This is my first Bust Half purchase. The flip's marked 50/00, CV$200.

I don't see the 00 under the 50 but I'm still very happy with the coin.


Unpossible. The 50/00, O-116, has the I in PLURIBUS entirely on the other side of the T in STATES. That's my first pickup when attributing Busties - the relationship between the I and the T.

I'm thinking my attribution is wrong, though, based on Heritage pics. Let me dig deeper.

Edit: is the top of the 5 curved, or not? It's tough to tell from the auction pics.
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BH1964's Avatar
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10982 Posts
 Posted 02/06/2009  6:25 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
The top of the 5 is straight and comes to a point. I'll try to get some decent pics and post them on the Grading Forum later.

Thanks!
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