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I Told Myself I'd Never Again Bid On Raw Gold On Ebay...

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johnny54321's Avatar
United States
4849 Posts
 Posted 09/22/2009  2:15 pm Show Profile   Bookmark this topic Add johnny54321 to your friends list Get a Link to this Message Number of Subscribers
especially one from outside the US; but this one is awfully darn tempting even with the rim ding!!

http://cgi.ebay.com/ws/eBayISAPI.dl...TRK:MEWAX:IT

The canadian coin dealers graded it VF-XF? I need to start buying coins from Canada.
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coinguybrian's Avatar
United States
5375 Posts
 Posted 09/22/2009  2:30 pm  Show Profile   Bookmark this reply Add coinguybrian to your friends list Get a Link to this Reply
i have doubts, but with the money back guarantee and high feedback I might take a stab at it
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johnny54321's Avatar
United States
4849 Posts
 Posted 09/22/2009  2:37 pm  Show Profile   Bookmark this reply Add johnny54321 to your friends list Get a Link to this Reply
They really should have had it certified before selling. If it is genuine, the VF/XF grade the dealers gave would be a joke. That is the only thing bothering me about this sale, is why the HECK is that coin not in plastic?
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DVCollector's Avatar
United States
10045 Posts
 Posted 09/22/2009  3:10 pm  Show Profile   Bookmark this reply Add DVCollector to your friends list Get a Link to this Reply
Perhaps that coin won't slab with that rim ding?
That's a far too risky prospect for me.
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Nelrak's Avatar
United States
974 Posts
 Posted 09/22/2009  3:14 pm  Show Profile   Bookmark this reply Add Nelrak to your friends list Get a Link to this Reply
I'd want it in a "Genuine" holder.
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coinguybrian's Avatar
United States
5375 Posts
 Posted 09/22/2009  3:20 pm  Show Profile   Bookmark this reply Add coinguybrian to your friends list Get a Link to this Reply
Me too, but if he fully backs its authenticity, I'd just take it and send it to ANACS *shrugs*
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echizento's Avatar
United States
23731 Posts
 Posted 09/22/2009  6:53 pm  Show Profile   Bookmark this reply Add echizento to your friends list Get a Link to this Reply
I think the rim ding might be overlooked on a coin this early and still get slabbed. It looks real enough but I would need the certification.
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johnny54321's Avatar
United States
4849 Posts
 Posted 09/22/2009  6:54 pm  Show Profile   Bookmark this reply Add johnny54321 to your friends list Get a Link to this Reply
Yeah, it's a big risk for a lot of reasons. I really don't like the look of the half sovereign up for sale by the same seller. It looks bogus, and causes me to question his other sales. The half eaglen sure "appears" to have a lot of things going for it though. It may be a very well made fake, good enough to fool me. The rim ding doesn't bother me much on a coin like that. Slabbing companys tend to be much more forgiving on early rarities like this, especially when the rest of the coin appears to be so pristine. I wouldn't be shocked to find it in a problem free slab, though I agree that it is technically a problem coin.
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coinguybrian's Avatar
United States
5375 Posts
 Posted 09/22/2009  6:58 pm  Show Profile   Bookmark this reply Add coinguybrian to your friends list Get a Link to this Reply
It looks like it possibly might be cleaned, or at least I'd assume that on something this expensive as to not overpay. I'd just take this to my local dealer, ask if it was genuine, and have it slabbed and resell it most likely. Or maybe, hold onto it for a few years, these types appreciate like crazy.
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DVCollector's Avatar
United States
10045 Posts
 Posted 09/22/2009  7:11 pm  Show Profile   Bookmark this reply Add DVCollector to your friends list Get a Link to this Reply

Quote:
I think the rim ding might be overlooked on a coin this early and still get slabbed.
And my comment was really an unqualified one, since I don't own any early gold.
I did pop over to Heritage and compare this coin to examples there. Aside from that ding, this one looks rather well-struck. I saw MS coins with less detail than this one.
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johnny54321's Avatar
United States
4849 Posts
 Posted 09/22/2009  7:52 pm  Show Profile   Bookmark this reply Add johnny54321 to your friends list Get a Link to this Reply
Yeah, it is very well struck. With the amount of remaining luster, it would have been cleaned very lightly if at all. It could very well be MS, and a minimum of AU-58 details imo. As a side note, liberty was sure ugly on that coin, wasn't she? lol. I think our society's opinion regarding what is attractive has changed dramatically over the centuries. However, an ugly liberty makes the coin more alluring to me for some reason...and I'm still over that coin.
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hippiebrian's Avatar
United States
436 Posts
 Posted 09/22/2009  9:10 pm  Show Profile   Bookmark this reply Add hippiebrian to your friends list Get a Link to this Reply
I would not purchase any coins worth more than a couple hundred unslabbed from anyone other than a very respected dealer, with the coin in hand and a guarentee. Anything that is going this high would be worth the relatively small expense to any ebay seller to be slabbed, espescially seeing it could potentially raise the price of the coin. I would avoid this like the plague, but maybe I'm a bit paranoid?
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RFB's Avatar
United States
532 Posts
 Posted 09/22/2009  9:26 pm  Show Profile   Bookmark this reply Add RFB to your friends list Get a Link to this Reply
The auction does have quite a few different photo's but they show how dramatic lighting can be. JMO but it looks cleaned.

I have not dealt with the seller so I don't want to say anything really slanderous about his practice, just my feelers being up. My belief is that it WAS slabbed but in a "whizzed, cleaned" holder so it was removed.

The seller has to know it would legitimize the coin to have it slabbed. They are not foolish nor being generous by intentionally losing out the hundreds of dollars the difference of a problem free slab would bring. It can be no other intention than to deceive. I understand it is strong statement to make but it just doesn't feel right.

Something just seems odd about it.. Not the kind of coin to snipe as last second without first having some questions answered first.

JMO -RFB
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coinguybrian's Avatar
United States
5375 Posts
 Posted 09/22/2009  10:40 pm  Show Profile   Bookmark this reply Add coinguybrian to your friends list Get a Link to this Reply
Yeah, that's certainly easily possible. I mean if I could grab it real cheap I might, but I have a feeling it might not go so cheap.
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cownas22's Avatar
United States
1055 Posts
 Posted 09/22/2009  11:06 pm  Show Profile   Bookmark this reply Add cownas22 to your friends list Get a Link to this Reply
One of my dream coins!! It is awfully tempting, they graded it VF-XF I think it is atleast XF. If I were to buy it. I would send it in for grading and if it came back damaged or fake I would return it citing the overlooked issues....

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johnny54321's Avatar
United States
4849 Posts
 Posted 09/22/2009  11:15 pm  Show Profile   Bookmark this reply Add johnny54321 to your friends list Get a Link to this Reply

Quote:
One of my dream coins! It is awfully tempting, they graded it VF-XF I think it is atleast XF. If I were to buy it. I would send it in for grading and if it came back damaged or fake I would return it citing the overlooked issues....


Yeah, it is very solid choice AU details at least. I think the rest of you are knocking the coin in an attempt to limit the competition! (I'm totally kidding). I'm sure it will get pretty expensive, and I won't be bidding, especially since I'm still broke from my last purchases.
Edited by johnny54321
09/22/2009 11:16 pm
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