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Any Thoughts On This Ebay Auction?

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Author Previous TopicReplies: 13 / Views: 1,814Next Topic  
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Jon K's Avatar
United States
723 Posts
 Posted 01/30/2011  11:08 am Show Profile   Bookmark this topic Add Jon K to your friends list Get a Link to this Message Number of Subscribers
http://cgi.ebay.com/ws/eBayISAPI.dl...3D&viewitem=

This is one that I was bidding on, but it blew right by me. What am I missing?

1953 Washington MS66 sold for $92.89 plus $3.75 shipping.

Hmmmmm . . . . . .
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Billie's Avatar
United States
592 Posts
 Posted 01/30/2011  11:28 am  Show Profile   Bookmark this reply Add Billie to your friends list Get a Link to this Reply
Pillar of the Community
United States
1231 Posts
 Posted 01/30/2011  11:31 am  Show Profile   Bookmark this reply Add onejinx to your friends list Get a Link to this Reply
Looks like a small bidding war erupted or 1 of them wanted the coin real bad

The auction Billie posted, the coin doesn't seem right for the grade. I wouldn't touch that one
Edited by onejinx
01/30/2011 11:35 am
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Billie's Avatar
United States
592 Posts
 Posted 01/30/2011  11:38 am  Show Profile   Bookmark this reply Add Billie to your friends list Get a Link to this Reply
I just posted that for an example of what the actual value should be.
No I wouldn't bid based on that picture either.
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upstate's Avatar
United States
3278 Posts
 Posted 01/30/2011  11:47 am  Show Profile   Bookmark this reply Add upstate to your friends list Get a Link to this Reply
Maybe a low population of MS 66 for that date?
I say get a raw BU that works for YOUR eye appeal
and the heck with the grading companies.
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chris12018's Avatar
United States
2130 Posts
 Posted 01/30/2011  12:50 pm  Show Profile   Bookmark this reply Add chris12018 to your friends list Get a Link to this Reply
I believe the one Billie posted is a counterfeit slab. Look at the dash between the serial #'s. It should be slanted and slightly curved on the ends, not straight across.
Edited by chris12018
01/30/2011 12:53 pm
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chris12018's Avatar
United States
2130 Posts
 Posted 01/30/2011  12:58 pm  Show Profile   Bookmark this reply Add chris12018 to your friends list Get a Link to this Reply
I just reported it. The listing will soon be pulled. We as a community/family have to stop this kind of nonsense.
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Adam_E's Avatar
United States
4846 Posts
 Posted 01/30/2011  12:59 pm  Show Profile   Bookmark this reply Add Adam_E to your friends list Get a Link to this Reply
chris, that's what its supposed to be on the new slabs, this is an old slab, the dash on the old slabs are supposed to be straight.
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chris12018's Avatar
United States
2130 Posts
 Posted 01/30/2011  1:02 pm  Show Profile   Bookmark this reply Add chris12018 to your friends list Get a Link to this Reply
Adam nice catch. I'm eating crow as I type. I checked some of my older slabs, you are on the money. And Thank You. I will have to unreport this.
Edited by chris12018
01/30/2011 1:10 pm
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Jon K's Avatar
United States
723 Posts
 Posted 01/30/2011  2:45 pm  Show Profile   Bookmark this reply Add Jon K to your friends list Get a Link to this Reply
Bidding war is what I figured. Winner was n**w, fighting with i**i. L**e signed off @ $88.65. All three of them must have seen something that I couldn't.

a**a signed off at $39.75. Smart guy. I was in a bit highter than that @ $48.00, but on Esnipe and never got the bid in.

Problem being, I am looking to build my set of Washingtons, but this is crazy. To see common stuff going for darn near $100.00 has got me worried.

All in all great fun, but a bit scary.

Jon
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Jon K's Avatar
United States
723 Posts
 Posted 01/30/2011  2:50 pm  Show Profile   Bookmark this reply Add Jon K to your friends list Get a Link to this Reply
Counterfeit slab has me worried as well. I always check the grading service, and when they (NGC) have a photo of the coin I am quite satisfied. I look at the ebay feedback, and certainly look for obvious stuff, what else should I be looking for? Any tips to calling a counterfeit slab?

Upstate, you probably have the best approach . . . . .

Jon
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Maineman750's Avatar
United States
3592 Posts
 Posted 01/30/2011  3:18 pm  Show Profile   Bookmark this reply Add Maineman750 to your friends list Get a Link to this Reply
Numismedia FMV was $78...and then a few bucks for the slab...I don't see where this was all that high
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samuel tan's Avatar
United States
322 Posts
 Posted 01/30/2011  3:39 pm  Show Profile   Bookmark this reply Add samuel tan to your friends list Get a Link to this Reply
Interesting.
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schnauzer's Avatar
United States
212 Posts
 Posted 01/31/2011  02:13 am  Show Profile   Bookmark this reply Add schnauzer to your friends list Get a Link to this Reply
Valued at about $75- $80.00. It is graded though. All in all, you missed out on nothing really.
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