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You won't believe what you can buy on Ebay..

DIMEMANDIMEMAN Posts: 22,403 ✭✭✭✭✭
in PCGS Set Registry Forum
Thre are three really rare dimes out there.

A 1940 PCGSXF45 a dollar coin at best.....only 7.95 shipping!!!!!!

A 1943-D same as above.

And my favorite is the 1911 PCGS08 that's right vg!!!!!!!!!!!!!

Who would slab coins like these?????????????????????

Am I missing something?!?!?!


Jon I want to pull the trigger but just can't do itimage

Comments

  • mercurydimeguymercurydimeguy Posts: 4,625 ✭✭✭✭

    <<Who would slab coins like these?????????????????????>>

    People who build grading sets.

  • CameonutCameonut Posts: 7,307 ✭✭✭✭✭
    Quarterly freebie?
    image
    Maybe coins being slabbed and valued during a nasty divorce?
    image

    “In matters of style, swim with the current; in matters of principle, stand like a rock." - Thomas Jefferson

    My digital cameo album 1950-64 Cameos - take a look!

  • DIMEMANDIMEMAN Posts: 22,403 ✭✭✭✭✭
    If it were for a grading set, why sell it????

    As far finding value for divorce or any other reason, why spend over $20 to find out you have a $1 coin??????

    Nuff said!

    I was just totally freaked out!


    Jon
  • monstermanmonsterman Posts: 797
    your kidding right!!!!

    >>>>>Who would slab coins like these?????????????????????


    hello

    there are thousands of old ladies whose husbands have died and left them with the money but no ability to handle it...and there are several boiler rooms who need product to fish these old ladies out of their money....nothing like a graded certified coin to fit the bill

    every day some one is geting cheated....every day

    >>>>>>>>>>>segway to ebay>>>>>>>

    ebay has produced literally dozens of tpg companies ....pre ebay the were able to be alive as they only had collectors as targets who were way too smart for the bs.....enter ebay....and thousands are now collectors....enter acme coin grading saying its a 65 and refering to a pcgs price sheet as to its value in that grade...when in reality its a 62

    talk about a screwing.....ebay couldnt care less as they are all about the buck

    monsterman
    my goal is to find the monsters and i go where they are but i sometimes miss some.... so if you have any and want to sell IM THE BUYER FOR THEM!!!

    out of rockets ...out of bullets...switching to harsh language
  • DIMEMANDIMEMAN Posts: 22,403 ✭✭✭✭✭
    Were are not talking acme we are talking PCGS. And it's not a matter of 62 or 65, it's a vg 1911 dime. Many many grades from being worth anything!!!!!!!!!!!!!

    Jon
  • mercurydimeguymercurydimeguy Posts: 4,625 ✭✭✭✭


    << <i>Were are not talking acme we are talking PCGS. And it's not a matter of 62 or 65, it's a vg 1911 dime. Many many grades from being worth anything!!!!!!!!!!!!!

    Jon >>


    Once again, I will reiterate, many people slab coins for many different reasons. The presumption that someone got swindled, an albeit fascinating one, is probably just that -- a presumption.

    The presumption that someone is smart enough to have a PCGS membership, know how to submit a coin and then be dumb enough to submit a $1 for an $18 slabbing fee is probably just that -- a presumption.

    I just got coins slabbed myself, which coins are worth far less than the $30 per coin I paid to slab them. In fact I bought 6 coins for $50 and it cost me $180 to slab them?

    Why??

    Because they are really cool looking but fragile, so I want to preserve them. I'm also a Director at a coin club and in general look for opportunities to introduce people to the hobby. Since they are non-numismatists it's easier for me to give them a coin that is encapsulated and I won't worry about them damaging it from improper handling, etc. They will also ask me about the slab and I'll have an opportunity to educate them that not all slabs are created equal. And finally, these things will make neat/cheap stocking stuffers.

    So you see, Jon, usually there will be a logical explanation why a $1 coin will be in an $18 slab. Maybe it's from a grading set, maybe it's for other reasons, but I would surmise the least likely reason is that someone was so dumb. After all they knew how (or enough) to submit to PCGS -- they can't be that dumb.

  • orieorie Posts: 998 ✭
    I just sent ANACS ten Morgans that will grade between p1 to f10 that I gave fifteen to twenty bucks each. Why? It's worth a hundred bucks to find out if I'm right on which ones that have been altered and to see how I did on the grading. It's worth the education and I don't have to leave the house. What are they worth slabbed? Probably twenty bucks a piece.
    Cool set...poor pics
  • orevilleoreville Posts: 12,024 ✭✭✭✭✭
    Dimeman: The submitter of the vg 1911 dime probably was using it for a grading set. I have done that as well.
    A Collectors Universe poster since 1997!
  • a039a039 Posts: 1,546 ✭


    << <i>I just sent ANACS ten Morgans that will grade between p1 to f10 that I gave fifteen to twenty bucks each. Why? It's worth a hundred bucks to find out if I'm right on which ones that have been altered and to see how I did on the grading. It's worth the education and I don't have to leave the house. What are they worth slabbed? Probably twenty bucks a piece. >>



    I have done the same, slabbed a five dollar coin for eighteen bucks. I learned about a thousand bucks doing it. As a new collector I have sent in fifty two coins in the last four months. Talk about a learning experience! Due to the perceived strict grading standards on wheats I am gonna wait awhile for the next one...Take care, SoCalBigmark
  • earlwbollingerearlwbollinger Posts: 1,304
    Using my freebie gradings, I was trying to get a PO1 a while back, but it came back better though.
    image
    image
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