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Looking To See Authenticity Of This Coin. 1856 Flying Eagle

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Coinfrog's Avatar
United States
94367 Posts
 Posted 12/13/2022  5:25 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
RedRaider calls it - this is clearly cleaned, and while I believe it's genuine, I would never have paid $14K for a damaged coin.
Edited by Coinfrog
12/13/2022 6:24 pm
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kbbpll's Avatar
United States
4233 Posts
 Posted 12/13/2022  5:39 pm  Show Profile   Bookmark this reply Add kbbpll to your friends list Get a Link to this Reply
NGC considers all 1856 FEs to be proof - just a minor point in relation to RedRaider's post.
https://www.ngccoin.com/coin-explor...c-pf/?des=pf
Pillar of the Community
United States
2286 Posts
 Posted 12/13/2022  5:52 pm  Show Profile   Bookmark this reply Add NumismaticsFTW to your friends list Get a Link to this Reply
14K for this in a basement slab?
You realize when you know how to think, it empowers you far beyond those who know only what to think.

-Neil deGrasse Tyson
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RedRaider's Avatar
United States
1021 Posts
 Posted 12/13/2022  6:42 pm  Show Profile   Bookmark this reply Add RedRaider to your friends list Get a Link to this Reply
While true that TPGs only grade 1856 FECs as proof, the S-3 variety is widely considered to be the MS striking of the coins. They were the initial batch struck to give out to congress and other dignitaries.

PCGS used to grade the S3s as MS and if you have an old holder with on designated as MS, you can revolver and retain the designation. If you crack it out and submit raw, it will be graded as a proof.
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52Raymo's Avatar
United States
8520 Posts
 Posted 12/14/2022  10:38 pm  Show Profile   Check 52Raymo's eBay Listings Bookmark this reply Add 52Raymo to your friends list Get a Link to this Reply
Almost looks like a Brillo Pad was taken to it. What a shame.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
New Member
United States
12 Posts
 Posted 12/15/2022  08:41 am  Show Profile   Bookmark this reply Add thelenpm to your friends list Get a Link to this Reply
Thank you for all the replies! Still learning!

I will be taking it to a dealer to see where I stand!

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BuffaloIronTail's Avatar
United States
92 Posts
 Posted 12/25/2022  6:02 pm  Show Profile   Bookmark this reply Add BuffaloIronTail to your friends list Get a Link to this Reply
Looks good to me. Too bad it's been cleaned. I don't know how much monetary difference a Details grade would be.

Pete
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Coinfrog's Avatar
United States
94367 Posts
 Posted 12/25/2022  6:23 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Belongs in a PCGS or NGC slab. Still pricey despite its flaws.
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BStrauss3's Avatar
United States
4594 Posts
 Posted 12/25/2022  7:41 pm  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
For the record, HiBid is an auction platform. You aren't buying ANYTHING from HiBid, you are buying from various sellers running auctions through HiBid.

With any platform, you need to carefully understand both sets of Terms & Conditions. Those of HiBid and those of the actual seller. You might find for example, the buyers premium varies drastically.

https://hibid.com/home/bidderuserterms

especially:

3. Additional Terms Posted by Seller. and 4. Additional Fees by Seller.

-----Burton
50+ year / Life / Emeritus ANA member (joined 12/1/1973)
Life member: Numismatics International, CONECA
Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club
Owned by three cats and a wife of 40+ years (joined 1983)

Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/
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jimbucks's Avatar
United States
4692 Posts
 Posted 12/25/2022  8:30 pm  Show Profile   Bookmark this reply Add jimbucks to your friends list Get a Link to this Reply
$14k seems high for a basement slab -- no premium over that of a raw coin. If it were me, I'd return it.
New Member
United States
39 Posts
 Posted 12/26/2022  6:07 pm  Show Profile   Bookmark this reply Add suttodh to your friends list Get a Link to this Reply
in my opinion it is counterfeit
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DOCC's Avatar
United States
1502 Posts
 Posted 12/30/2022  12:04 pm  Show Profile   Bookmark this reply Add DOCC to your friends list Get a Link to this Reply
thelenpm

Send an email to gsacoinfraud@gmail.com - these guys would appreciate hearing about your experiences and outcome.
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