1921 50 Cents On Ebay - Coin Community Forum

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Author	Replies: 7 / Views: 2,427
kitkat1858 Valued Member Canada 371 Posts	Posted 03/25/2011 6:20 pm Hi, Did anyone see that 1921 50 cent piece on ebay a couple of weeks ago? It was certified as 'genuine', and was housed in a NCS holder. Bidding made it up to $15000, and the reserve wasn't met. Did this coin not reach its reserve because of the controversy surrounding the NGC/NCS holders? Report this Post to the Staff

DBM Pillar of the Community Canada 9865 Posts	Posted 03/25/2011 7:57 pm Nothing to do with the holder.Nobody was willing to pay more than 15G for a problem coin that was probably VG. Report this Post to the Staff
dialog_gvf Pillar of the Community Canada 1581 Posts	Posted 03/25/2011 8:00 pm Being labeled only "Genuine" makes it difficult to determine a value without some understanding why it couldn't be graded. Nowadays NGC would accept the coin and give a "Details" grading. Perhaps this coin was damaged and specifically restored by NCS. I couldn't find the NCS slab ID in the NGC registry. Does that registry have NCS coins? Looking at the coin I'd give it a VG-F grading. At a 50% discount to trend, due to the unspecified issue that prevents grading, that would put a trend value of $20,000. But, buying a huge ticket item on ebay without being able to get some opinions, is foolish. So, I think anyone willing would expect an exceptional discount. But the $15K was still below the reserve price. Report this Post to the Staff
SHAFTA9a Bedrock of the Community Canada 10743 Posts	Posted 03/25/2011 8:02 pm Charlton has the 1921 .50 cents at, $35,000 in VG, so I Think it may be a little inflated. Report this Post to the Staff
david mackenzie Valued Member Canada 183 Posts	Posted 03/29/2011 11:09 am At my recent coin show one dealer showed me a china fake in a fake ICCS holder.He got burned.You have to be very cautious when buying expensive high grade key dates coins. Report this Post to the Staff
littlemoney Pillar of the Community Canada 902 Posts	Posted 03/29/2011 12:51 pm Trends has it at G - $25,000 VG - $38.000 & VG8 - $50.000 Report this Post to the Staff
dialog_gvf Pillar of the Community Canada 1581 Posts	Posted 03/31/2011 11:33 pm > At my recent coin show one dealer showed me a china fake in a fake ICCS holder.He got burned.You have to be very cautious when buying expensive high grade key dates coins. Ouch. What was the "grade"? You'd think he'd have called ICCS to check out the pedigree. Report this Post to the Staff
Matrix1980 Valued Member Canada 212 Posts	Posted 04/10/2011 1:32 pm I have directed the seller of this coin to the Canadian Numismatic Company to have them sell it threw one of there auctions (Torex or RCNA in 2011). I guess we will have to wait and see if it happens. The owner of the coin I was told is a filthy rich American that owns railroads/trains in the U.S. He owns many of the rarest U.S coins and a lot of Canadian coins. Edited by Matrix1980 04/10/2011 1:33 pm Report this Post to the Staff
	Replies: 7 / Views: 2,427

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