Anyone Know This Ebay Lincoln Seller?
Sequitur
Posts: 1,195
These look like some nice specimens, but some of the photos appear to be too good, and I wonder why some of these cents haven't been slabbed. See, e.g., auction and other auctions. Another case of too good to be true, or is this seller on the level?
Here are some sample pics:
Here are some sample pics:
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Comments
DUHHhhhh !!!
They won't/can't get slabed my either ... either the coin is cleaned or recolored or both in my opinion. Something is there to prohibit them from being slabed.
Do you really think ANYONE will leave around $1,000, or more, on the table because they like you? Do you really think he or anyone is to BUSY to send a coin in to get in a slab? For $100 walk thru he could potentially sell the exact same coin for $2,000 or up. PLEASE !!!
Greed, Greed, Greed keeps these raw sellers of coins in business. Not the sellers but the buyers greed in finding a gem in the rough. I don't care what others might say "About their good fortune" in the raw market. 95% of the time, maybe higher, the buyer gets screwed .. Stick to graded coins by pCGS, NGC or ANACS ..
In my humble opinion ..
David
DUHHhhhh !!!
The question was rhetorical. Duh.
Lincoln, I figured as much, just needed independent verification since a forum search turned up nothing. Thanks, name added to the blacklist.
<< <i>Grading and Authenticity:
In effort to better serve all eBay members, especially potential bidders of Numiscent auctions, I strive do my part in keeping eBay a marketplace where buyers and sellers can trade safely. eBay has recently created new policies they recommend sellers of coins follow, and I am proud to do so. Please read these terms carefully. This coin is guaranteed to be an authentic United States Mint issue. As for most raw coin sales, the origin and complete history of a coin is almost always unknown, and I nor anyone else can provide a history when one is unavailable. For instance, for an 80 year old coin, the details of its whereabouts and handling in the past 80 years from the moment it was minted until the present time are often unknown to anyone. In the rare event that I do receive such information of a coin's history, I would list it in the auction description. Please note that there is no guarantee of any third party grade. Grading of coins is subjective, and no two people grade alike, including professional grading services. I am not a professional coin grader, and I do my best to list an honest and accurate description and condition of each coin sold in effort to maintain a reputation as an honest and friendly seller. Please feel free to review my consistent positive feedbacks to see what other people think about the Lincoln Cents they have received: Click here to see my feedback! My opinion of a coin's condition or grade is not to be used as a guarantee, but merely as a guideline in making a decision to place a bid, since you cannot see the actual coin with your own eyes to establish your own opinion. Since I am not a professional coin grader, and since grading is subjective and opinions vary, I allow the buyer a full seven days from the date they receive the coin to inspect the enclosed coin and seek assistance elsewhere if necessary to aid them in making a decision to keep or return the coin. If you have any questions regarding these terms and conditions, please email me prior to bidding. By bidding on this auction, you agree to all of the above terms. By upholding this code of conduct, buyers can be more confident about their purchases. This results in benefits to everyone in the Coins category. >>
it is worth the money.
If it really really is legit, then it is more likely a MS64 at best.
Since it isn't slabbed, I would have to ask why?
I don't even need to click on your link to know these coins. Let me guess, the seller lists them as "from my collection". Take a look at the rest of the coins he's listed. All have the same luster and color, at least very close to being the same. They have a completely unoriginal appearance. I even emailed this person in the past and ask why all the coins look the same and how does he do it. I got the ususal, "I don't know what you are talking about" reply.
Stay far far away from these coins.
Just my humble opinion
Jack
* The seller says PCGS.com lists MS65 RD for $2,000.00 and MS66RD for $7,500.00. (Actually, those values are for 66RD and 67RD, respectively; 65RD plummets to $275.)
* The seller says, "(t)his coin looks way nicer to me than any MS66 RD I have seen!"
* Therefore, you'd think the seller would think they could easily get PCGS to slab it as 66 RD.
* They are opening the bidding at $950 -- less than HALF the 66RD listed price -- and BIN at $999.
It doesn't take a genius to figure out that this seller is rather sure it won't slab reputably at even 66RD despite their rhetoric to the contrary.
<< <i>in the raw market. 95% of the time, maybe higher, the buyer gets screwed .. Stick to graded coins by pCGS, NGC or ANACS .. >>
If I had followed that advice, I'd have missed some major scores. Everybody else please follow it, though.
Russ, NCNE
Early on in my Lincoln collecting days, I purchased one of the "magnificent" coins from this seller, advertised as a MS67RD for $800. I have to say, I thought the coin looked fantastic and if it was a MS66RD it would have been a steal. Had a 7-day return policy. Got the coin in hand the day before a Long Beach show. Showed it to David Lange who commented that it looked very nice. I submitted it to NGC at the show, they accidently sent it back to the home office instead of grading it at the show. Came back as artificial color and I was now past my 7-day return. He refused to take the coin back, said he had bought it about a year before from another dealer and believed that NGC made a mistake. Sent it to PCGS and got the same result. I keep that coin as a reminder of my stupidity.
Does that answer your question?
Jeff
Yes it does. Thank you all for your responses, and I agree with nearly all the comments. Before x-ing out a seller, it's a good idea to get independent verification. Since I don't know the seller, I didn't want to come out with both guns blazing in my initial post.
If this seller still is doctoring the surfaces of his copper, perhaps the Posse should take a closer look.
<< <i>I submitted it to NGC at the show, they accidently sent it back to the home office instead of grading it at the show..... I keep that coin as a reminder of my stupidity. >>
How is it your stupidity that NGC fouled up here? Seems to me that if they did what they were supposed to do, they bodybag it that day and you get your refund. Sounds like you at least had a plan to cover yourself on a raw purchase, and NGC screwed it up for you. How does that make *you* stupid? Less than expert at identifying artificial color, maybe, but not stupid. Stupid would have been to make *no* plans to ascertain the certifiable grade before the return privilege expired.
Russ, NCNE
Cheers,
Brian
Good point, Russ. I am astonished that this person is really still trying to sell these coins. I would have thought by now he would have been Neg'd to death.
Also compare the 16-D to the 1918. Look at the cartwheel difference. The 16-D has some toning which is a good sign but the coin is suspect.
Buying high priced raw coins on eBay is too risky for my blood, but clackamas seems to have done fairly well.
Thanks for the comment. I thought I was being "smart" having a plan in place to return it if NGC bagged it. It turned out that I was "stupid" in thinking I could get a nice raw Lincoln like that. Even if NGC had done it's job, I would have been out the $50 grading fee and insured shipping both ways. Still a pretty "stupid" move on my part. As a side note, it was exactly 8 days when I got the bodybag from NGC. He would not extend the return privilege one day. Although this was his right, if he really thought the coin was okay, why fight the return.
Jeff