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 Replies: 17 / Views: 2,562 |
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Pillar of the Community
United States
2223 Posts |
About 70% of my silver/gold is bullion coins/bars, I mostly just stack. I decided to get one $20 gold double eagle Liberty head. Got just it on ebay from Liberty Coin with several available, $2,317, 1900 NGC MS64, now sold out. I've bought from Liberty Coin in the past, they are a good company with fair prices, 30 day returns. I'm used to buying new bullion coins that are MS69, MS70. I had read classic gold coins often have scuff marks, etc. The more I look at this coin the more I wonder about it. I especially don't like the dark area/scuffs on and round eagle's head and on right wing. It is not as nice as the sample pic in the listing. I usually don't buy collectable coins unless the seller has good pics of the actual coin. Should I keep this coin or send it back for refund or exchange? Here's pics I took, they looked clear until I had to downsize them for CCF, they are as good as I can do, sorry.   Edited by livingwater
01/08/2023 12:35 pm
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Pillar of the Community
United States
7189 Posts |
If you are not happy with the coin return it.
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Bedrock of the Community
United States
94367 Posts |
At 64, I'm definitely not a fan.
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Moderator
 United States
56855 Posts |
If you are unhappy with it now, you will always be, return it before time runs out. John1  |
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Pillar of the Community
United States
4469 Posts |
The coin you purchased was from a stock photo, and you are getting the coin at a fair market price of melt plus a premium for grade. Gold is soft and easily marks, and the $20 Liberty Head on the obverse shows all marks because of the open fields and open cheek area. I would put the $20 Liberty obverse at the top list for business gold coins to show marks. The obverse on your coin is typical for grade. The reverse does have a few more marks than normal for grade. The reverse is forgiving for showing marks because of the design. In the grade of MS64 you can find a reverse with minimal marks. If you want a $20 Liberty with minimal marks on both obverse and reverse, you will need to get into the MS65 range and you can not buy the coin from stock photos. Your call on the return, but Liberty did nothing wrong as you are getting a discount for buying from stock photo.
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Pillar of the Community
Canada
5394 Posts |
I would send that back .
Maybe a 64 but zero Eye appeal .
The US grading Services , especially
PCGS and NGC continue to disappoint !
This is a perfect example of buy the coin
not the holder!
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Pillar of the Community
United States
2281 Posts |
You lost me at "stack"
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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Pillar of the Community
 United States
2223 Posts |
I usually prefer to "stack," buy ungraded bullion coins, bars, 90% constitution rather than numismatic coins.
Liberty Coin did nothing wrong, I know, stock photo and decent price. I think I can find a better looking MS64, likely pay more but I'll be happier. Sending it back.
Thanks all for commenting.
Edited by livingwater
01/08/2023 2:41 pm
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Bedrock of the Community
United States
10982 Posts |
64 Double Eagles can have a lot of contact marks. This one has a bit of dirt also. It looks accurately graded in your pics. A lot of people love "dirty old gold" for their originality. If you want a different coin then return it.
I disagree with those saying the eye appeal is zero. It has good eye appeal to many including me.
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Pillar of the Community
United States
2223 Posts |
Thanks, the obverese marks don't look bad to the eye. I just don't like the visible black area on the reverse, dirt, smudge, whatever it is and right on eagle's head.
Edited by livingwater
01/08/2023 5:37 pm
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Pillar of the Community
United States
2281 Posts |
I don't understand what you were expecting.
It's a stock photo and you still purchased, tsk tsk.
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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Pillar of the Community
United States
2223 Posts |
And I don't understand why you commented again. You said you were lost in your prior comment. tsk tsk. I own about 12 Morgan dollars graded MS 62 to 64 so I know a little about contact marks, just not familiar with classic gold. I knew what I was doing, buying a coin sight unseen, asked CCF members for opinions because I didn't like the reverse dark area. Seller allows returns. I'm sending it back. That's easy to understand. Edited by livingwater
01/08/2023 6:55 pm
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Bedrock of the Community
United States
25095 Posts |
livingwater, you made the right choice. Otherwise you would always feel disappointed with it. After your refund is received, get another one.
15 years ago, I was in a LCS and he had AU $20 Libertys for $600 each. For some reason I only bought one, and still kick myself for that.
Inordinately fascinated by bits of metal with strange markings and figures
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Pillar of the Community
United States
2223 Posts |
Yes, I printed the shipping label a few minutes ago.
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Pillar of the Community
United States
2365 Posts |
If you're not happy with the coin, return it or sell to your local dealer. If you are collecting for Numismatic reasons, yes, return it. However, gold is always a good investment. The bullion market is on the rise right now and is expected to keep increasing throughout 2023. Ofcourse, we'll have to see what happens. If gold gets to a sell price where you can gain on the investment, you would be better off keeping it atleast for a while. Just watch the market closely.
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Bedrock of the Community
United States
10982 Posts |
Quote:
@Hondo Boguss: 15 years ago, I was in a LCS and he had AU $20 Libertys for $600 each. For some reason I only bought one, and still kick myself for that. Don't feel bad. I was at a gun show 16 or 17 years ago where a guy had a coin table set up with $550 Double Eagles. I didn't buy any! |
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Replies: 17 / Views: 2,562 |
Posted 01/08/2023 1:05 pm
