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1909 $2.50 quarter eagle
SilverEagle420
Posts: 255 ✭✭✭
Hey guys, I picked up a quarter eagle recently for under 200 and was curious what you guys think about its condition,, I know grading these is a nightmare, I got it from a. Local dealer who Xrf confirmed its purity and weight and yada yada
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Looks like it was on a charm bracelet at one time.
Jus curious, what makes you say that?? Cause I checked the whole rim and it's super clean
XF Possible Ex Jewelry.
Worry is the interest you pay on a debt you may not owe.
I agree with the possibility that it was former jewelry... the chatter covering both surfaces is wear indicative of that type of environment. Cheers, RickO
Two things:
Looks like a not-nice coin at a fair price.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
@Insider2 PM sent reference your message.
@SilverEagle420
Here’s a hint.
To be blunt .. it is a dog even if it is real. Far too many surface marks for the grade. Someone else's problem coin is now your problem coin.
There is usually a reason for pre-33 gold to be offered for sale raw. You’ve got $154 in gold value at least.
Agree that it was probably in a bezel but I don't see any marks on the coin from a bezel.
Worry is the interest you pay on a debt you may not owe.
Harshly cleaned, but for the price, you did ok. These hardly ever go for under $200 on ebay.
The punch mark on the eagle’s shoulder might have something to do with jewelry use.
The way you tell is the edge of the coin (covered by the lip of the bezel) will have a different surface color (unless cleaned after removed but most don't bother as the coin is usually considered as "melt") and lack the heavy contact marks on the rest of the coin.
I saw that and assumed it was just damage.
Worry is the interest you pay on a debt you may not owe.
Please -- for your sanity and that of members who are trying to help -- buy one of the illustrated coin grading guides and study it.
Well I've already had an offer for 300 on Ebay
Accept it before it goes away!
One person’s trash is another’s treasure... what are you waiting for?
Jump on that offer and hope it doesn't end up as a SNAD when the buyer receives it.
it's crackers to slip a rozzer the dropsy in snide
Called it a high end AU in great condition on ebay.... smh. After we all said it was cleaned/polished/possibly jewelry.
Shameful, in my opinion. I have no desire to try to help such sellers.
Edited to add: Since the time of my above post, we have learned that the coin was listed on Ebay before (not after) this thread was started. Based on that, I withdraw my earlier comments.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Ahem...
https://ebay.com/itm/1909-Indian-Head-HIGH-AU-Gold-Quarter-Eagle-Coin-2-50-Great-Condition-Strike/202666052668?hash=item2f2fd68c3c:g:tUAAAOSww5pcx8et
It does have a make an offer option.
Worry is the interest you pay on a debt you may not owe.
You've got to be kidding.
A return or two will fix this problem. Once you eat round trip shipping and 3% paypal fees a few times, you'll learn.
Did you think the guy who sold it to you was a moron?
You mean for $350 I can get a slabbed unc $2.50 from Stacks rather than a "high end AU" on ebay?
Here is what "current jewelry" looks like before it becomes "ex-jewelry"
I'd prefer 10 or 12 more shares of CLCT stock than guess the grade. But for the price , I'd say it's "AG"
Like I said to whoever messaged me I was at work all day and made this post here after I made the listing,, I revised my listing and theres always been a make offer option,, I didnt accept the offer I had earlier because of what everyone here said,, I revised it and will likely never be able to defend myself here, so make of it what you will I suppose, and just like everyone here says, it's hard to judge based on a pic, I've never had a return nor a forced return,,
I likely will delete my account here now,, not much sense in asking opinions of people who dislike me
I didn't comment on the OP, but reading this makes me want to jump in. I recommend you don't delete your account.
You are saying you posted it on eBay, giving a strong opinion on condition, and afterwards came here looking for opinions on the condition. Just reverse those two next time and you are good.
Don't delete your account. Just edit the description to be more honest. Say it has been cleaned, and you will still probably get $260+ for it if you are patient.
I agree. Maybe we came off as a little harsh. We didn't mean to accuse you of anything nefarious.
In fact, this might be instructive for US when we see other eBay listings and want to jump to conclusions. Sometimes it is just an honest mistake from a seller who doesn't know coins that well.
Stick around. You can learn a lot by participating here. We all can.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
You did the right thing.
Well honestly I couldnt figure out how to delete,, I really wasnt trying to start sh*t, next time I will I will try to take into better account,,, in hand I do not see what you guys were referring to and idk if it my camera accenting alot that is otherwise hard to see, I try not to mess with brightness and filters, to make the coins look better,
@SilverEagle420
Recommend you stay. Best place to get an honest unfiltered opinion on coins (and almost everything else
).
Learn and move forward.
It’s those who don’t or refuse that have issues.
Enjoy the the hobby!
The dealer part is different and is not included in the “enjoy.”
Edit: Typos. Turned off auto-correct. This’ll be fun.
Lol also in my own defense I did list on the disrcriptions that is it scratched/marked up on the surfaces, in both listings, I was deff not trying to be shady, i say the pcgs list for em and gave it too much credit lol
FWIW... When I have a coin that I think there may be a question or problem I try to avoid mentioning too much in the description. I will add lots of photos and then put something like "photos are item description" or "condition unknown please use photos to help you decide" etc. Any time you give an opinion on grade such as AU or MS you leave yourself open to problems from someone who sees things differently than you do. Even a coin graded by our host will get many different opinions on grade. Many times items will sell just as well or even better with very little item description. Some items require a better item description to describe function or rarity and will not do as well without it. If you put AU or MS in a listing it gives a buyer a chance to return it as "item not as described" if your photos are the item description it is hard to say it is not as described unless your photos are poor quality.
Just my 2 cents
I think the above points are very well made.
Edited to add: However, if a seller thinks or knows a coin has a problem that’s not readily apparent in the images, I believe strongly that it should be mentioned.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Thanks all,
I have now learned what I have:.....melt.
I'm obviously not the one to get the opinion, but even as ex jewelry those are still worth more than melt for sure, obviously not ms but deff better than a cull.
Also if that 1913 Indian is in a gold ring they do sell for quite alot
@donjalu @SilverEagle420
It all comes down to how much damage (any cleaning) and wear the coins received while being made into jewelry, while being used as jewelry, and when removed from whatever jewelry piece it was made into.
In all fairness, if you do NOT specifically mention problems, you are still open to a SNAD because photos alone aren't good enough. Especially if you consider the number of people who are only looking on their phone screen.
Avoiding mentioning of a known problem is a form of deceit.
If you look at the table provided earlier, you'll note they really don't sell for more than a few bucks over melt except for the $2.5s and even then it is going to depend on how ugly they are.
My only issue with that lost it does not account for years, montages, yada, I know you said not much but still more than melt,,
@jmlanzaf "Avoiding mentioning of a known problem is a form of deceit."
I hope when you are quoting me on this you are not implying anything. I was trying to convey a simple idea and didn't want to go into every possible variable. I have been on ebay for over 16 years and have never had a grey or red dot.
Just so you know, I had a bad buyer on a listing with photos only stating the photos are the item description. The buyer opened a SNAD claim, ebay found in my favor and said I didn't have to take the return and they would block any feedback he tried to leave. I was able to prove he got the item photoed and he confirmed that with the ebay CSR. I ended up letting him return it as long as he paid return shipping, he was given a full refund and then placed on my BBL list. The listing was a no returns listing and I took it back anyway. Please be careful where you spread salt.
I'm not implying anything directly about you. But this has been discussed ad nauseum on this board and elsewhere. We've even had the argument over whether it is ethical to NOT reveal failure to CAC. But I think the vast majority of us would agree that if, for example, you had an ex-jewelry piece or a cleaned coin and didn't describe it as such, it is a form of deceit. Now, not as bad as taking dark photos and calling it GEM BU, but how would you feel about Heritage or Stack's if they had a raw details coin an told you to just look at the pictures.
"I'm not implying anything directly about you."
Thank you for clearing that up.