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How can an NCS altered surface coin be PR67

stev32kstev32k Posts: 2,098 ✭✭✭
Pardon me while I rant a little. This jerk is trying to sell a 2.5 dollar gold coin in an NCS holder that says "Altered Surfaces" as a $40,000 PR67. Another A$$hole is selling an 1885 Trade dollar(here. I reported the 1885 Trade dollar scam to ebay last week and it's still up, I have also reported the keyword spamming from the first auction and it's still running - so what's the use?.

There I feel a little better.
Who is General Failure, and why is he reading my hard drive?

Comments

  • braddickbraddick Posts: 24,169 ✭✭✭✭✭
    I wish ANACS and NCS would state what the alteration is instead of just denoting on the insert, altered surfaces. For example, on the coin you listed (the gold coin) it is polished and/or plated and possibly then wizzed or acid treated for cameo contrast.

    If the holder was completely honest there is NO way the seller could pass that or any other coin off as "MS67".

    ("Tooled" is another label that should be detailed more on the insert.)

  • The really sad part is some scumbag will buy that coin , crack it , and then sell as found in
    grand dads dresser , and a collector that can't tell "altered surfaces" will add it
    to his collection and it won't be seen on the market for the next 30 years..........



    Dan
    Fishing is not a matter of life and death.......It's much more important than that........


  • << <i>The really sad part is some scumbag will buy that coin , crack it , and then sell as found in
    grand dads dresser , and a collector that can't tell "altered surfaces" will add it
    to his collection and it won't be seen on the market for the next 30 years..........



    Dan >>



    But by then it will be "market acceptable" like so many of the ATs.
    "Everyday above ground is a good day"

  • BoomBoom Posts: 10,165
    Ignorance can be very costly on one hand whereas finding the willing "Ignorants", on the other can prove to be quite profitable.

    In the words of the late, great P.T. Barnum, "There's a sucker born every minute."

    I'm afraid that since we are now well into the 21st Century the saying has now been altered (pun intended) to......

    "There's a sucker born every second."


  • << <i>Pardon me while I rant a little. This jerk is trying to sell a 2.5 dollar gold coin in an NCS holder that says "Altered Surfaces" as a $40,000 PR67. Another A$$hole is selling an 1885 Trade dollar(here. I reported the 1885 Trade dollar scam to ebay last week and it's still up, I have also reported the keyword spamming from the first auction and it's still running - so what's the use?.

    There I feel a little better. >>



    The representation that the coin in the first auction is "PR67" is just plain false. It should be pulled by Ebay for that reason alone.
  • Steve27Steve27 Posts: 13,274 ✭✭✭
    I'm not that bothered by the first coin, he is a bit misleading, but he shows a pic of the slab and states "This coin has been certified altered surface and in my opinion NGC was not fair with the grade. I can not find any problems with this coin. " He could have cracked it out and listed it as a no problem PR67.

    On the other hand IMO the raw trade dollars look fake, but if people want to believe his story, that's their business. (A prudent buyer would pay by credit card through PayPal, send them to a TPG upon receipt, and then refuse to pay if they come back as fakes.)
    "It's far easier to fight for principles, than to live up to them." Adlai Stevenson
  • PerryHallPerryHall Posts: 46,348 ✭✭✭✭✭
    Their feedback is less than stellar but at least they offer a 5 day return.



    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • flaminioflaminio Posts: 5,664 ✭✭✭
    Maybe I'm just getting old and jaded, but neither of the auctions the OP listed bug me too much.

    The proof $2½ is listed with a fair amount of sales puffery, but ultimately the coin is honestly portrayed, and has a reasonable starting bid with no reserve. Despite its problems, I'm sure it's still a nice looking coin. It's probably worth the $1000 open.

    The trade dollars are so fake that they barely rate a mention. 1885? GMAFB. Anyone with the slightest modicum of numismatic knowledge would give it a slight chuckle, and move on.

    Ultimately, it remains, as always, up to the buyer to do their homework when making a purchase. I probably do more research when spending fifty dollars than some of these guys do spending thousands. I really wish I was in a financial position to be absolutely stupid with my money.
  • Is this 1906 Proof the same coin as this one?

    The pictures from the 1st auction were removed so I can't tell by looking at the original coin.

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