Lesson Learned (the hard way)

Well, just received news from PCGS which we all fear: two submissions were COUNTERFEIT! I was VERY mad.. but not at PCGS of course; actually was thankful that they identified the coins as such, so that I might have a chance to recover my costs. I SHALL NOT purchase raw coins again from low feedback individuals on ebay, and maybe not at all online. For higher value coins, I'd say to stick with certified examples, unfortunately. Definitely a "gut punch" lol.

Comments

  • sparky64sparky64 Posts: 5,949 ✭✭✭✭✭

    Sorry that your coins were found to be counterfeit.
    Can you tell us what type of coins they were or any other details about them?

    "If I say something in the woods and my wife isn't there to hear it.....am I still wrong?"

    My meager Washington Quarter Registry set

  • ChrisH821ChrisH821 Posts: 1,806 ✭✭✭✭✭

    Unfortunate. What were they?

    Collector, occasional seller

  • CoinstartledCoinstartled Posts: 6,075 ✭✭✭✭✭

    Hope that you can recover your costs from the sellers.

  • BillDugan1959BillDugan1959 Posts: 2,158 ✭✭✭✭✭

    We have all had expensive lessons in this hobby, from time-to-time, and I hope that yours wasn't too pricey.

    People tend to learn a lot more from their failures than from their successes.

  • RYKRYK Posts: 35,184 ✭✭✭✭

    Any links available to the ebay listings so that others might learn?



    "An early-morning walk is a blessing for the whole day."--Henry David Thoreau
  • Thanks everyone for your kind comments - I needed to have them. These were Lincoln cents - one a 1909s vdb presumably a MS64 or so, and a 1955 DDO sold as an AU58 in a PCGS holder which, at my first inspection, did appear to have been tampered with. I'll try and post links for the sellers. I'm hopeful to recover from eBay if nothing else. Thanks again!

  • ErrorsOnCoinsErrorsOnCoins Posts: 8,722 ✭✭✭✭✭

    Ebay is the best place to buy coins, IMO.

    You chose to buy two heavily counterfeited coins, please do not blame ebay.

    You must know WHAT you are buying on ebay or any other venue for that matter.

  • oldabeintxoldabeintx Posts: 312 ✭✭✭

    Raw coins that are worth more if slabbed + low feedback = unnecessary risk
    Throw in an "estate story" and/or bad photos and/or foreign source = doom

  • HemisphericalHemispherical Posts: 1,114 ✭✭✭✭

    @dfontalbert said:
    I'll try and post links for the sellers. I'm hopeful to recover from eBay if nothing else. Thanks again!

    Sorry to hear about this. I hope you are able to recover costs and that the tuition was not that high. If not the links then maybe pics of the coins. They would make good educational material.

  • ConnecticoinConnecticoin Posts: 10,821 ✭✭✭
    edited December 7, 2018 2:49PM

    @dfontalbert said:
    Thanks everyone for your kind comments - I needed to have them. These were Lincoln cents - one a 1909s vdb presumably a MS64 or so, and a 1955 DDO sold as an AU58 in a PCGS holder which, at my first inspection, did appear to have been tampered with. I'll try and post links for the sellers. I'm hopeful to recover from eBay if nothing else. Thanks again!

    Can you link the auctions? Would be useful to see the coins. Also, you should be able to easily return them via Ebay, especially if you post clear pictures of the coins received and the PCGS bodybags when you initiate the return request. And be cordial in your communication - the seller may not know they are counterfeit.

  • rickoricko Posts: 62,354 ✭✭✭✭✭

    Sorry to hear of your misfortune.... and also to hear of a tampered slab..... Links would be appreciated.... Cheers, RickO

  • gtstanggtstang Posts: 1,051 ✭✭✭✭

    Lessons learned the hard way are the most memorable

  • AUandAGAUandAG Posts: 20,224 ✭✭✭✭✭

    Useless thread to the rest of us, without pics or links to ebay auctions. Sorry for your problem @dfontalbert but we would like to help if we can. Just need some data to go on.

    bob :(

    BST deals: Dozens of buys/sells. Will provide a list upon request.
    Registry: CC lowballs (boblindstrom), [email protected]
  • astroratastrorat Posts: 7,833 ✭✭✭✭

    Dang ... sorry to hear about the counterfeits. Use the experience to learn and growth your education and skills. Don't let this early hiccough dissuade you from continuing in the hobby. Continue to ask questions here ... there is a lot of expertise on the Board.

    Numismatist Ordinaire
    See http://www.doubledimes.com for a free online reference for US twenty-cent pieces
  • david3142david3142 Posts: 2,004 ✭✭✭✭✭

    @dfontalbert said:
    Thanks everyone for your kind comments - I needed to have them. These were Lincoln cents - one a 1909s vdb presumably a MS64 or so, and a 1955 DDO sold as an AU58 in a PCGS holder which, at my first inspection, did appear to have been tampered with. I'll try and post links for the sellers. I'm hopeful to recover from eBay if nothing else. Thanks again!

    If it was in a PCGS holder why did you have it graded again? And if you suspected the holder might be counterfeit, that would have been a big red flag.

  • BlindedByEgoBlindedByEgo Posts: 10,539 ✭✭✭✭✭

    Many members here have scored on eBay, but it is also a dumping ground targeting the less-informed. Sorry that you took a haircut; I prefer to think of it as an Educational Downpayment™

  • ARCOARCO Posts: 3,390 ✭✭✭✭

    Sorry to hear. Once burned, you get skeptical really fast. Raw coins are the biggest pitfall of this hobby now IMO. in most cases, if a coin is worth more than a couple hundred bucks and it is not holdered, there is a reason why.

    If the coin costs as much as a burger, drink and fry, I might take a chance. Otherwise, please keep the raw coin for yourself. I am not a buyer.

Sign In or Register to comment.