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$500,000+ For Penny On Ebay?

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wvrichard's Avatar
United States
13 Posts
 Posted 05/13/2010  6:36 pm  Show Profile   Bookmark this reply Add wvrichard to your friends list Get a Link to this Reply
I guess it isn't unique. They have a second one for sale now.
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Dollar1948's Avatar
Canada
636 Posts
 Posted 05/14/2010  08:04 am  Show Profile   Bookmark this reply Add Dollar1948 to your friends list Get a Link to this Reply
Well I got an ebay email response back from the seller.
he asks, 'if I can provide you a video of how this coin sticks to my magnet, will you <<Staff Snip>>'
I provided him a link to youtube and said post it there. Lets see what happens.

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artdio's Avatar
1844 Posts
 Posted 05/14/2010  09:09 am  Show Profile   Bookmark this reply Add artdio to your friends list Get a Link to this Reply
I also asked him about the coin.. I told him to send it to ICCS or CCCS and that I would pay for the certification on 1 condition.... That being , If coin is certified authentic That he has to sell it to no one else but me.... His answer was .. and I quote " THEN SIR WHY DONT YOU JUST BUY IT AND SEND IT IN YOURSELF... YOU CAN FORWARD ME THE PAYMENT, AND IF THE COIN THEY SAY IS NOT REAL, I WILL GIVE YOU SOME MONEY BACK" Key Word..SOME money back ? total sheister
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Canada
1248 Posts
 Posted 05/14/2010  10:59 am  Show Profile   Bookmark this reply Add hhbkiddo to your friends list Get a Link to this Reply
Personally I think this seller is missing a few nuts and bolts in his brain....

Sent this to the seller:


Interesting... really interesting.
it must be one of a kind coin? But...
would you please use a larger magnet and have he coin picked up by the larger magnet either on the obverse or reverse side.
then take a picture and send it to me please. Then I believe you and would pay some money in to a trust account with a lawyer, pending the authenticity of the coin. if the coin is authentic magnetic, the $ will be yours, If not, I am out the cost for the authentication.

looking fwd to your answer and pictures with a larger magnet

here is the answer:


Hi

Sure I can send you pictures of both sides of the coin.

If you have Skype/Yahoo messenger, I can show you live in web cam that this coin stick to a magnet. We can arrange the time and date at your convenience and invite people that are interested to see as well. I am about to put a video link so people can watch and judge the coin from there.

Furthermore, If you are a serious coin collector, we can meet so that there will be no doubt. I prefer around here in Toronto and inside the nearest Police Station for safety and with witnesses. We can invite a representative of ebay and PayPal and your lawyer to complete the sale.

Let me know what you prefer.
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Canada
686 Posts
 Posted 05/14/2010  11:11 am  Show Profile   Bookmark this reply Add jg86 to your friends list Get a Link to this Reply
I believe he mentions in his listing that the "N" in CENTS is different. Has anyone considered that the coin is a counterfeit made in China or something with a different metal?

Tell him to bring it to Torex in June, Brian (ICCS) will be there and could look at it then. If it's real, I'm sure someone at the show would pay him what it's worth.
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Ugly's Avatar
Canada
1733 Posts
 Posted 05/14/2010  12:00 pm  Show Profile   Bookmark this reply Add Ugly to your friends list Get a Link to this Reply
seriously, the coin has small pieces of steel corroded to it, that's it.
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Dollar1948's Avatar
Canada
636 Posts
 Posted 05/14/2010  12:33 pm  Show Profile   Bookmark this reply Add Dollar1948 to your friends list Get a Link to this Reply
Oh my..this seller is a little more polished in his communications with you guys than he was with me.
I was asked if I would kiss ..well you know the rest.
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Canada
686 Posts
 Posted 05/14/2010  1:03 pm  Show Profile   Bookmark this reply Add jg86 to your friends list Get a Link to this Reply
Ugly, what would be an easy way to test your theory (coin in hand)? Under your theory, if he put the magnet somewhere else, could it still stick?

I just ask so that I, or someone else, can ask him to perform something that would be impossible under your theory.
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Ugly's Avatar
Canada
1733 Posts
 Posted 05/14/2010  2:39 pm  Show Profile   Bookmark this reply Add Ugly to your friends list Get a Link to this Reply
It might not stick in areas where the least amount of iron was deposited. A rare earth magnet will pick it up anywhere.

If you want to arrange to make one of these, put a penny you cleaned with acetone(copper or zinc) at the back of your bench grinder in the path of the discharge from grinding. Grind a piece of steel such that the path of moving red hot iron particles hit the penny. Some will stick, others will fall off with a concentration forming in the rims and around the lettering holes. Dunk it in salt water then put the penny near the base of one of your favourite potted plants under the dirt for a couple of months. Remove and brush off anything loose - dirt, large iron particles. Just sit it in a window sill until a natural patina forms.

Would look just like this and be magnetic as hell.

Putting a normal penny in warm CLR briefly will not affect the patina that copper forms (I mean briefly 1 minute or less) Putting in a penny that has iron based oxide primer or natural iron particles (my method) will foam and bubble immediately.

for non destructive testing - this would all be visible under any microscope, iron and its oxides have a specific shape and size.
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MrCanada's Avatar
Canada
650 Posts
 Posted 05/16/2010  10:41 pm  Show Profile   Bookmark this reply Add MrCanada to your friends list Get a Link to this Reply
Cool , I got an Ugly science lesson , this sounds like fun just for the science.
Good knowedge, I was thinking it was something like Brewsters Millions where the guy has to spend money to win a bet and end up flat broke, this guy has the answer.
Valued Member
wontoo's Avatar
Canada
78 Posts
 Posted 05/16/2010  10:51 pm  Show Profile   Bookmark this reply Add wontoo to your friends list Get a Link to this Reply
Except it would be called "Shysters Millions".
Valued Member
needgames4lyfe's Avatar
United States
323 Posts
 Posted 05/16/2010  11:47 pm  Show Profile   Bookmark this reply Add needgames4lyfe to your friends list Get a Link to this Reply
seems like a scam.//
Valued Member
leprecoin's Avatar
United States
148 Posts
 Posted 05/17/2010  01:12 am  Show Profile   Bookmark this reply Add leprecoin to your friends list Get a Link to this Reply
lol, I would think $500K coin would be slabbed prior to sale...
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Dollar1948's Avatar
Canada
636 Posts
 Posted 05/18/2010  4:14 pm  Show Profile   Bookmark this reply Add Dollar1948 to your friends list Get a Link to this Reply
Well, I see this item is still up for grabs boys...better make a move fast!!
BTW, last weekend I talked to 2 dealers in the GTA,(and there aren't that many) and contrary to what this seller is claiming they were never approached by the seller about this item.
http://cgi.ebay.com/ws/eBayISAPI.dl...TRK:MEWAX:IT
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glenzy1's Avatar
Canada
1554 Posts
 Posted 05/18/2010  6:03 pm  Show Profile   Bookmark this reply Add glenzy1 to your friends list Get a Link to this Reply
One thinks they've seen it all on E-bay, then another nut case comes along?

Glenn
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