| Author |
 Replies: 15 / Views: 1,511 |
|
|
Valued Member
United States
123 Posts |
I found this beauty of a coin online, and the price actually quite good. The only thing that makes me hesitate to buy it is the vertical lines on the right side of the obverse. Are those cleaning lines or just from circulation?  |
|
|
|
Bedrock of the Community
United States
94367 Posts |
|
|
Valued Member
 United States
123 Posts |
Sorry.  |
|
Moderator
 United States
56855 Posts |
Not cleaning lines or circulation lines. Those are either copper plating issues or were on the zinc core before being copper plated. What is the price? John1  |
|
Valued Member
United States
123 Posts |
So I'm in a dilemma. The price is JUST $100 for a minimum bid and it is JUST $1000 for the buy it now price. Nobody has bid on it yet, so I really want to place a bid. The big problem is that I don't have $100 and my parents wouldn't let me spend that type of money on a coin that they think isn't valuable at all. I'm only 14 years old, I don't have a job. This would be an incredible deal for a ms 92 Close AM penny, but like I said, there are multiple reasons I can't get it. What should I do? |
|
Valued Member
United States
123 Posts |
This coin is easily worth 4-7 grand because it looks to be in ms 63-65 range. Whoever gets this coin would get a great snag. You don't see this everyday. A 1992 Close AM penny in this condition for just an $100 starting bid? Unbelievable. |
|
Pillar of the Community
United States
3472 Posts |
I would never bid on a high value coin from a zero feedback ebay seller with a 2 1/2 year old account that has zero activity. |
|
Pillar of the Community
United States
573 Posts |
As Admiral Akbar would say, "It's a trap!"
Someone knows enough about coins to identify a 1992 D CAM but then offers it at a buy it now price of 20% of it's value?
That doesn't make sense to me. Would you offer to sell the coin at that price if you were a dealer? If you send them $1,000 I doubt you'll get anything back, but almost certainly it won't be the coin pictured.
If they know enough to ID a rare and valuable coin then they know enough to price it accurately. Failing to do so sends red flags flying all over the place.
|
|
Moderator
United States
56855 Posts |
Just forget about it and move on. John1 |
|
Pillar of the Community
United States
5887 Posts |
I'm hearing a lot of red flags if they're selling it that low. I would pass on it, especially if you can't afford it.
-CH27
Collector of U.S. Coins, Varieties, and Colonial Coinage
|
|
Pillar of the Community
United States
2404 Posts |
 . Numerous red flags. Let me be a skeptic about. Why the different backgrounds of obverse and reverse shots? |
|
Pillar of the Community
United States
797 Posts |
|
|
Pillar of the Community
 United States
2843 Posts |
|
|
Pillar of the Community
United States
713 Posts |
Edited by CentSation
07/29/2022 2:40 pm
|
|
Bedrock of the Community
United States
19184 Posts |
Agree with all concerns expressed above. Note what Big Silver shared (above).
|
|
Valued Member
United States
326 Posts |
It is so nice to have knowledgeable people on here to get advice such as this. Thanks everyone, even if this one isn't for me.
|
| |
Replies: 15 / Views: 1,511 |
|
Posted 07/29/2022 10:07 am
