Opinions on this 1853-O Gold $1

relayer · June 27, 2005 8:09AM

I was snipping late last night on eBay and saw a listing for an 1853 $2.5 Coronet Gold Coin 2 1/2 No Reserve that was at $120, so with seconds to spare I put a bid in at $125 and won the auction.

Then I scroll down and look at the big picture and see that it is an 1853-O $1 Gold piece, and there was a even a question posted about it
Q: Are you selliong a $2 1/2 or a $1 gold coin? Thanks, Bill Jun-23-05
A: You are quite correct, This is a one dollar coin. I sincerely apologize for the mistake. I cannot chnage the title after bids have been placed. Thanks for the heads up - no pun intended.

I'd grade it VF+, so it may be a "just OK" deal (if it's real

) but I was really bidding on the $2.50 Gold in the title.

Should I pay for the auction?

neocirrhitus · June 27, 2005 8:16AM

I don't see the 'O' mintmark on it, it looks like a plain 1853 gold dollar, which is the most common type I. I would want my money back !

CalGold · June 27, 2005 8:20AM

Why do something civil or sensible when instead you could send the seller an email in which you rant like a lunatic about how he is a sleeze ball liar and has to honor his deal and send you the $2.50 for the price or else you'll sue him, sick your dog on him, and have him narued to boot. Then you can post his reply and start a long flame thread here about it.

CG

relayer · June 27, 2005 8:25AM

<< <i>I don't see the 'O' mintmark on it, it looks like a plain 1853 gold dollar, which is the most common type I. I would want my money back ! >>

LOL - I guess I really need to start looking at this stuff more closely.

Once I saw it was a $1 Gold coin, I just saw the () at the bottom of the wreath and said it was an O Mint mark

PerryHall · June 27, 2005 8:34AM

Looks much better than a VF. More like an XF-45 or a low end AU. At $120 you got a good deal. Also, it looks authentic.

morgannut2 · June 27, 2005 8:40AM

I'm trying to think of a way you'd lose money on this one-- I can't, so yes-- you're being an idiot!!!

MrEureka · June 27, 2005 9:00AM

I'm trying to think of a way you'd lose money on this one-- I can't, so yes-- you're being an idiot!!!

streeter · June 27, 2005 11:03AM

RELAYER:

This thread falls under the FEDERAL EBAY MEA CULPA law.

basically--a 30 day suspension from any criticism of my dumb ebay moves.

mirabela · June 27, 2005 12:14PM

It's a real washed-out pic, but that looks like an AU coin. Provided that rim chew at 11 o'clock isn't too bad, I think you did pretty well. It's a common Type 1, but connecting with any AU type one gold dollar at bid these days is pretty hard if you're an average armchair collector, and you picked this one up at more than 20% back. Well done!

ttown · June 27, 2005 12:31PM

I pay that for this coin, it looks like it's retained quite a bit of luster to me. But it's somewhat of a bad photo.

FRNAllStar · June 27, 2005 12:38PM

It's your fault you didn't scroll down. Ebay auctions are legal binding contracts. If the correction of the title is in the text then it is totally legit. Like I said your fault IMO for bidding with 1 min to go and not reading the contract you are binding yourself to.