WOULD YOU PAY $700 FOR A PENNY?

Steve · February 22, 2005 5:43AM

Another seller on Ebay is trying to take advantage of the uneducated. This time the bait is a 1990 no S Lincoln cent. Starting bid is $700. The only problem is it is NOT a proof coin! And the seller tries to justify this scam by offering to donate 10% to the Tsunami relief effort. Anyone able to post the link for #3960141722? Thanks,
Steve

TUMUSS · February 22, 2005 5:45AM

linkage

techeff · February 22, 2005 5:46AM

Nice polish job.

Prethen · February 22, 2005 6:07AM

Post the picture in the thread (I can't see feeBay from work).

Elcontador · February 22, 2005 6:09AM

I've bid $11,000 on a Large Cent and wasn't even the underbidder, so my answer is 'yes.'

ss350camaro · February 22, 2005 6:11AM

auction pic

Prethen · February 22, 2005 6:13AM

Has the coin been whizzed? It looks a little too beat up to be a modern proof.

dbldie55 · February 22, 2005 6:21AM

I would pay $700 for many cents, the 1990 No S proof is not one of them though.

fivecents · February 22, 2005 6:51AM

<< <i>WOULD YOU PAY $700 FOR A PENNY? >>

Yes I would.

But not that Penny.

LucyBop · February 22, 2005 7:14AM

5cents, your 5 cents short of a dollar!

Steve · February 22, 2005 9:26AM

Tom, thanks for posting the linkage.

This coin is obviously a business strike 1990 cent which is worth exactly one cent. A real 1990 no S proof cent is currently worth about $5,500 in a PCGS holder graded PR68DCAM.

My problem with this EBAY seller is that he obviously knows what he has posted and is assuming that by showing the coin in great detail he has eliminated any liability on his part. I hope nobody bids on this one.
Steve

DMWJR · February 22, 2005 9:29AM

Isn't this deja vu all over again? Didn't we just do this a week or two ago???

100proof1957 · February 22, 2005 9:43AM

57 Proof Linky 68 DCAM ?

Sign me up Baby !

09sVDB · February 23, 2005 6:58AM

I did once, but it was my 09SVDB.

ss350camaro · February 23, 2005 11:09AM

I emailed the seller and explained it to him.

He thanked me and closed the auction.

itsnotjustme · February 23, 2005 2:14PM

I also had e-mailed the seller asking if he was going to commit fraud, why he would do it in this way on a public forum where all the evidence is available. He replied he was not aware it was a P mint and was not trying to commit a crime.

Rampage · February 23, 2005 7:48PM

<< <i>I emailed the seller and explained it to him.
He thanked me and closed the auction.

>>

Same thing happened to me. I emailed him two days ago and got a reply last night.

WOULD YOU PAY $700 FOR A PENNY?

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