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 Replies: 11 / Views: 3,099 |
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Pillar of the Community
Canada
1442 Posts |
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Pillar of the Community
 Canada
1442 Posts |
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Valued Member
Canada
371 Posts |
Yes, I agree with you, Danlos, this does seem fishy to me, especially if they're all 1859s.
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Pillar of the Community
Canada
1554 Posts |
 I noticed this also a while back. Highly unusual for any one seller to have soo many MS 1859 large cents. He has awesome feedback as well as being recognized as a Top Seller by E-bay. He is also one of the longest reigning E-bay seller's currently active. (since 1998 when E-bay started) I noticed he has also sold many 1859's in the past ranging from $50.-200.00 and all with nice lustre. Perhaps he found a few Mint bags or has discovered a way to clean 'em? Keep in mind that there were 10 million 1859's minted and hundreds of thousands were sent back to the melting pot.......................or were they really? Glenn  |
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Moderator
 Canada
10463 Posts |
I highly doubt Bob Hurst would be acting so unethical... I realize that it can be easy to jump to conclusions, but let's not get trigger happy here...
I know a number of collectors that have "dozens" of uncirculated 1859s, some of them even cut them out of their ICCS or CCCS flips.
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
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Pillar of the Community
Canada
1442 Posts |
Hmm...lets see...someone has a large collection of similar 1859s (or multiples of each kind) in MS63+ that cost thousands to acquire. For whatever reason, they chose not to acquire any rare or expensive varieties, just your run of the mill 1859... They cut them out of their ICCS, CCCS flips, then pass away. The collection gets sold off to one ebay seller, who doesn't have them re-certified to make thousands of dollars, but is content to resell them for $70-$120 each, in raw state, not knowing if he just sold a MS60 or MS65. From pictures, these could easily be MS64-65. Riiiiight.... I've got some Iraq WMDs in storage, if anyone is interested in buying  THANK GOD I dont collect mint state 1859s...if I did I'd be soiling my pants right now, at just how many can be acquired from this seller at such a LOW PRICE    Edited by canadian-varieties
10/09/2011 5:50 pm
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Valued Member
United States
493 Posts |
The 59's offered and sold today are authentic. I also agree with SPP, Bob Hurst would not be acting in the manner danlos is suggesting. The seller is top notch. He highlights the doubling on the coin but quite frankly, it's harder to find a '59 without doubling than with. These are selling for N9 pricing, not variety pricing.
For the record, I don't certify any common date, even mid grade MS conins. I also crack coins quite regularly since I prefer them raw.
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Valued Member
Canada
278 Posts |
Wow...I love my Vickies, but that many? I wish I had those...sigh. :)
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Pillar of the Community
Canada
1554 Posts |
I e-mailed Bob Hurst inquiring about the vast # of large cents he was selling on E-bay. Here is his reply! I believe him to be authentic and sincere.  Dear glenzy1, I was wondering how long it would take for someone to ask. I purchased a group of 100 of these from an elderly lady who related to me that her grandmother put them away years ago when she lived in Canada. They were actually rolled in a very long tube of paper where they have been, I am guessing since the late 1800's or early 1900's. It is a great group of coins. The majority are R/B and some are spotted, but overall a super nice lot of coins. If you collect Large Cents, you might one to get one of these. They are really nice. Kindest Regards, Bob |
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Moderator
Canada
10463 Posts |
Quote:
...who doesn't have them re-certified to make thousands of dollars.. Bob Armstrong never sent any coins in for certification. Would you also question his sanity or grading skills? Trust me, if there were MS-64 or better gems in that hoard, Bob Hurst would know it, and know exactly what to do with them. Actually, his selling plan is perfect for ebay, people will not aggressively bid on MS-62 and MS-63 certified coins, because they will know what they are getting. By selling them raw (and not spending money on certification), people with dollar signs in their eyes will hope to get a "MS-64+ steal" and bid an item up... I suggest you try an experiment. Buy two identical mint state large cents, both graded MS-63 Red, by the same TPG. List one on ebay in the TPG holder and cut out the other one, take decent photos and list it raw... you will be surprised which coin will fetch the bigger hammer price... "Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
Edited by SPP-Ottawa
10/09/2011 11:53 pm
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Bedrock of the Community
United States
10635 Posts |
Quote:
(since 1998 when E-bay started) Just to set the record straight, glenzy1, ebay was started in 1995. I've been a member since 1997. |
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Pillar of the Community
Canada
1442 Posts |
Well...seems to be a satisfactory conclusion to the query :)
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Replies: 11 / Views: 3,099 |
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Posted 10/09/2011 4:26 pm
