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 Replies: 16 / Views: 2,275 |
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Valued Member
United States
378 Posts |
Came across this *bay listing, thought it rather unusual. Why even display the old slab info, once it's been broken out?   Link if you want to watch, 3 days to go  https://www.ebay.com/itm/144687163738 |
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Pillar of the Community
United States
881 Posts |
Yes -suspect in my opinion. Why was it broken out to begin with? Seems like this should be classified as a violation of the selling rules.
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Pillar of the Community
United States
1373 Posts |
Seller is posting a RAW 1989-S ASE for sale. Current value is about $19.00. |
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Pillar of the Community
United States
2280 Posts |
Atticguy- Where are you buying proof cameo ASE for $19? Exactly. This seller is off his rocker no doubt, but $19?  You realize when you know how to think, it empowers you far beyond those who know only what to think.
-Neil deGrasse Tyson
Edited by NumismaticsFTW
08/22/2022 11:43 pm
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Valued Member
 United States
378 Posts |
Quote:Seller is posting a RAW 1989-S ASE for sale. Agreed, it is a RAW coin once broken out. The question is becomes; why have the old NGC label incorporated into the ad? Surely it is to help the seller realize a higher $$ |
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Bedrock of the Community
Australia
21786 Posts |
I suspect bait 'n switch.
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Moderator
 United States
34393 Posts |
Could be nefarious, although I do note that when I break out a previously-slabbed ancient coin, I save the label with the 2x2. This could be a different situation though.
"If you climb a good tree, you get a push."
-----Ghanaian proverb
"The danger we all now face is distinguishing between what is authentic and what is performed."
-----King Adz
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Bedrock of the Community
United States
94367 Posts |
Since it's ebay, I tend to be skeptical. |
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Valued Member
United States
162 Posts |
I've never done it myself but I have seen people who broke out coins to put in albums keep the label. Usually its an older coin that they wanted "authenticated" more than the grade so they bought a slabbed coin that didn't grade as high. No idea why you'd do it with an ASE but I don't collect these either. |
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Pillar of the Community
United States
1373 Posts |
Quote:Atticguy- Where are you buying proof cameo ASE for $19? A: I didn't say I buy ASE's, and with the pics shown, how do I know it's a proof or uncirculated coin? B: I posted the $19 as it's silver value. A generous pawn shop will pay you $19 for an ASE and a VERY generous shop will give you more. The 'common' pawn shop will give you $16-$17 for it. I'm really not positive, but a bank might not even give you $1 for it, as I don't know if ASE's are actually legal tender.  (I'll look this up after I post this) |
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Pillar of the Community
United States
6500 Posts |
Quote: I don't know if ASE's are actually legal tender. They are legal tender |
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Pillar of the Community
United States
1373 Posts |
Yes, I just checked. They are worth $1, however, my bank told me they will NOT accept them. (Not that I would ever try)
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Valued Member
United States
378 Posts |
I guess it's not surprising someone has taken it down.
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Pillar of the Community
United States
2280 Posts |
atticguy- You are very ignorant. So I have no idea why you are even responding, with such nonsense. You cannot tell this is a proof coin? The 1989-s only came in proof, plus look at the apparent cameo. You don't know it's legal tender? It is. You've been in the attic too long.. ASE's have a massive premium right now, pawn shops will pay you $3-4 dollars over spot right now, not $2-$3 under spot. You realize when you know how to think, it empowers you far beyond those who know only what to think.
-Neil deGrasse Tyson
Edited by NumismaticsFTW
08/23/2022 9:50 pm
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Pillar of the Community
United States
1373 Posts |
Well, thanks a lot for spilling the beans. I was trying to keep it a secret but now the whole forum knows I'm ignorant. And yes, I did play with fiberglass too much when I was a kid. You are correct; that coin is most certainly a proof.  |
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Valued Member
United Kingdom
218 Posts |
Once it's out of the slab the old grading is irrelevant, so it's very deceptive advertising. The listing appears to have been nuked, so I guess ebay agreed. |
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Replies: 16 / Views: 2,275 |
Posted 08/22/2022 11:33 pm
