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 Replies: 12 / Views: 1,391 |
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Pillar of the Community
Canada
1610 Posts |
Today was the last day of the garage sales, or carboot. There was a lot of people .My coin dealer had some goodies. I bought some world coins (selling for $5) for $3:
1980 P U.S. half
1957 50 ptas
1975 25 ptas
1975 5 ptas
1962 Greek 50 drachma
1968 Bahamas 1 cent
and...
Maria-Theresa 1780x re-strike Thaler (are all re-strikes silver, help)
Also bought 3 1953 5 cents for $8. One written shoulder fold-near, no shoulder fold-far and no shoulder fold-near
I know that the last one is quite valuable (around $800 or something)
So could anyone post comparative images to help.
Also, he had to give me $2 in change so he gave me two dollars, 1 from 1968 and other from 1969 still in the original plastic seal (he bought them both in 1968 and 1969).
Tell me what you think, this guy is awesome, he always gives great deals but I don't think he has a coin value book or anything like that,lol.
Edited by Apollo
10/09/2011 3:47 pm
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Pillar of the Community
United States
5362 Posts |
10xloupe You appear to indicate that you bought an MTT for $3 or possibly got one in a group for $3. Quote:
Maria-Theresa 1780x re-strike Thaler (are all re-strikes silver, help) The Restrikes of the MTT are in fact silver BUT there are modern Chinese non-silver forgeries of the MTT that are very common in flea markets. They are worthless (perhaps a $1 for someone interested in fakes). Did you check the coin with a magnet? Have you weighed the coin accurately? I find it VERY difficult to believe that anyone is so uninformed about silver prices in this day and age that they would give away THREE QUARTERS of an ounce of silver for anything under $20. Of course I also marvel at how many people still turn in silver change at the bank where my daughter is a teller.  The MTT is a favorite coin of mine so a photo would be helpful. Regarding the other coins, were they each $3 or all for $3? I hope the latter. These all appear to be very common non-silver issues typically seen in dealer boxes and $3 each would be FAR TOO EXPENSIVE. Regarding the three Canadian 5 cent coins - if the seller was aware that there were NEAR and FAR leaf Varieties - he had access to a recent publication to make the assessment. When I was younger and for many years these (RARE) varieties never appeared in the standard works. So the reference appears to make the seller appear VERY improperly informed about what he is selling. (I hesitate to say stupid but was thinking just that.) But you need to be aware that scam artists are everywhere and that NO ONE sells a coin worth a minimum of $70 for $8. It sounds too good to possibly be true. Compare the two coins labeled NEAR and FAR and see if you can see a difference in the leaf position. I suspect a misattributed coin is in the mix.
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Pillar of the Community
 Canada
1610 Posts |
The dealer seemed to know nothing about the Thaler. The lot was $5 but lowered it to $3. Weighed the Thaler, 28,1g, slight toning and proof-like yet to test it with a magnet.
The 5 cents, there is a difference. The sides with the denticles on them are larger in the `near` than the `far` (making that they are closer to the leaf) and the obverse she doesn't have the shoulder fold.
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Pillar of the Community
United States
5362 Posts |
The weight is right 28.067 grams which rounds to 28.7. So it may be real. The fakes of the MTT I have seen are ALL underweight. But for $3 you may have gotten a real deal.
The 5 cent coin sounds correct but I wonder why he sold so cheaply if he knew he had a rare variety. I can not recall the first year the variety appeared but I believe it retailed about $25 when I first took note of the variety - long after I had assembled my set as a kid.
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Pillar of the Community
Canada
1610 Posts |
My dealer told stories that he inherited some of his coins from a woman that he knew. She spent loads of money. If you remember the other conversation we had about the other garage sale deals... those 3 10 cents from 1898,1899,1901 she bought them for $75 and the 1901 for $25, he got them from her and knew she overpaid and others probably including these 5 cents. When I buy coins from him he doesn't have a price guide, nor prices on the labels. Just looks at 'em and gives whatever price he has in mind. Also, the labels on them (no shoulder fold...) are written in English when this coin dealer doesn't speak a word of it. I could take some pics of the 5 cents and the Thaler for you, a more knowledgeable person, to verify them. |
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Pillar of the Community
United States
5362 Posts |
Definitely take pictures.
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Pillar of the Community
United States
1962 Posts |
"NO ONE sells a coin worth a minimum of $70 for $8." I once found a mixed lot of World coins on ebay where the seller described one coin (in the midst of wording which indicated a reasonable degree of education/intelligence) as "heavy, yellow-colored and shiny". The pic was crummy, but a trained eye could just make out the piece he was referring to. Judging by what else was in the lot (some decent, clearly genuine colonial Mozambique, w/some $10-20 type pieces), a had a good feeling it was what it purported to be - a perfectly genuine George V sovereign... back in olden times when a quarter oz. of gold was worth a whopping $100. Some people really are just clueless or simply don't care. Maybe (probably?) the seller knows better... but it could just be something that more of an accumulator than a collector accumulated unwittingly along the way. It does happen, though of course you SHOULD assume the opposite and be proven wrong. To be fair, the point about no one being clueless about a big hunk of silver may be very telling here... But hey, a few months back, I caught a BIN for $6 on a legit 1968 Mex Olympic 25 pesos... apparently he was just clearing out some junk and was working off the $8 price marked on the old 2x2. |
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Pillar of the Community
United States
1962 Posts |
BTW, when trying to verify that you got great rips on obscure varieties from a chump at a garage sale... maybe "Google is your friend" applies?
Aside from that, another internet cliche applies - "This thread is worthless without pictures".
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Pillar of the Community
Canada
1610 Posts |
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Pillar of the Community
Canada
1610 Posts |
So guys, could it be genuine?...
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Pillar of the Community
United States
645 Posts |
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Bedrock of the Community
United States
10045 Posts |
 The '53 5c is a common one. |
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Pillar of the Community
United States
5362 Posts |
Perhaps a few people make mistakes like that but it is rare. I also feel sorry for people like that and often correct them instead of profiting from their mistake.
The MTT looks real - like a typical 1960-1970s restrike from Austria. I see nothing in the picture that would lead me to think it was a fake.
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Replies: 12 / Views: 1,391 |
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Posted 10/09/2011 11:10 pm
