Recived coin from ANACS

GoldCoinLover

The coin I bought from American Gold Exchanged, as they claimed it to be brilliant uncirculated. It was an old 1913 british gold soverign, and it had a red spot on the side with George's head. I think it was a copper spot, so I put a few scratchs into it, thus defacing the value.

It came back slabbed today as VF-20 Net graded Damage:Heavy bag marks.

Pretty disappointed

tbirde56

Did the seller have pics of the coin before you bought it?

goldrush00013

Sorry man.

trozau

Sometimes things work out and sometimes they don't. Just live and learn.

spinaker2000

Told ya so!
Told ya so!
Told ya so!
Told ya so!
Told ya so!
Told ya so!
Told ya so!
Told ya so!
Told ya so!
Told ya so!
Told ya so!
Told ya so!
Told ya so!



edited to add:

<< <i>Dude, yes anacs would slab your scratched coin. They will assign it a "net" or lower grade because it is damaged. If you want to waste $15 and two way postage for them to tell you what we have for free, then go ahead and send it in. I would save my money, and if I really wanted a nice gold coin in a slab, I'd buy one that way. >>

Aethelred

What Spinaker said.

Next time DON'T SCRATCH YOUR OWN COIN!!!!! I can't stress that enough, it is NEVER a good idea!

Lloyd

Lloyd

SOMETHING CONSTRUCTIVE....

How to get out of trouble and make a profit on this thing:

Take it to a jeweller and have it mounted in a cheap but flashy 9 carat gold ring, ensuring the reverse is displayed and not the obverse. Place it in the local newspaper ads at twice your (now considerable) outlay. Mark it $x ONO (Or Nearest Offer).

Make sure in the ads that you use the terms "scarce British gold" and "antique gold".

Some deadbeat will buy it.

PROBLEM SOLVED

For more tips on how to get out of trouble, paypal me with $50.

L

satootoko

A while back I bought a supposedly Choice BU Liberty Seated dollar through a reputable auction house. PCGS slabbed it as "AU58". I sent it back and got a full refund check by return mail!
But then, I hadn't done anything to injure the coin or lower it's grade.

oldshep

I realize that you are disappointed but this is a lesson learned - don't damage or try to harshly clean a coin and when you ask for advice from experts - use it.
All is not lost - the coin is still gold.
Shep

trozau

<< <i>I realize that you are disappointed but this is a lesson learned - don't damage or try to harshly clean a coin and when you ask for advice from experts - use it.
All is not lost - the coin is still gold.
Shep >>


And it is authentic which is what I believe you wanted to make sure of.

Aethelred

It melts for about $96, so at least you aren't out everything and you coul take Lloyd's advice.

MSD61

Smart lad that Lloyd

Lloyd

<< <i>Smart lad that Lloyd >>



SPS = SELF PRESERVATION SOCIETY ....

L

MacCrimmon

<< <i>For more tips on how to get out of trouble, paypal me with $50. >>

Nah! I only get into problems denominated in pounds!!

Aethelred

<< <i>The coin I bought from American Gold Exchanged, as they claimed it to be brilliant uncirculated. It was an old 1913 british gold soverign, and it had a red spot on the side with George's head. I think it was a copper spot, so I put a few scratchs into it, thus defacing the value.

It came back slabbed today as VF-20 Net graded Damage:Heavy bag marks.

Pretty disappointed >>



(quoted to save)

MSD61

<< <i>

<< <i>The coin I bought from American Gold Exchanged, as they claimed it to be brilliant uncirculated. It was an old 1913 british gold soverign, and it had a red spot on the side with George's head. I think it was a copper spot, so I put a few scratchs into it, thus defacing the value.

It came back slabbed today as VF-20 Net graded Damage:Heavy bag marks.

Pretty disappointed >>



(quoted to save) >>



Now I am a wee bit confused.....what happened to net AU-55????

cacheman

yes,that is a tad interesting...I think we are being fibbed too....