Thoughts on Grade?
MMagidson
Posts: 34
I just got the attached coin. I bought it based on it being PR65+. I'm getting ready to send it in for grading--but being rather impatient, I thought would get some opinions on the coin. I think it looks very good, but what do I know?
0
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The Maddy Rae Collection
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Oh yea, no sticker either.
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It seems that based his feedback, those people that sent in coins to NGC/PCGS got them back in 'bodybags' for some problems. I think the seller is a con artist, and there is a good chance you got taken. sorry.
what am i missing?
Steve
Thanks,
<< <i>granted i only went back 100 feedbacks but I don't see any negs or soft positives. I see 1 neutral and that person later followed up saying it should have been a positive.
what am i missing?
Steve >>
The worst of his feedback (Same buyer - left all positive until 5 coins went to NGC). I can imagine these are just the tip of the iceberg, many others may not be having theirs slabbed, and are probably newbie buyers.
Nice coin. Thanks
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Follow-up by jarnold38 (Oct-30-07 20:39):
ERROR!! BEWARE THE SCANS. DESIGNED TO MISLEAD BUYERS. LOTS OF PROBLEMS HIDDEN
1901-O Morgan Silver Dollar Lustrous FDC Unc (#230171379706) US $111.00 View Item
Decent coin. Thanks
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Follow-up by jarnold38 (Oct-30-07 20:38):
FEEDBACK MISTAKE. SELLERS SCANS ARE DESIGNED TO HIDE PROBLEMS/IMPERFECTIONS
1898 Morgan Silver Dollar FDC PROOFLIKE (#230171378817) US $111.00 View Item
Nice coin. Thanks
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Follow-up by jarnold38 (Oct-30-07 20:33):
FEEDBACK MISTAKE. COIN CAME BACK FROM NGC AS IMPROPERLY CLEANED. MISLEADING SCAN
1880-S Morgan Silver Dollar MONSTER PROOFLIKE (#230171376809) US $188.88 View Item
As advertised. Thanks
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Follow-up by jarnold38 (Oct-30-07 20:37):
SCANS MISLEADING. NGC REFUSED TO SLAB THE COIIN. ENHANCED SURFACES
1888-O Morgan Silver Dollar Lustrous FDC Unc (#230171586868) US $102.50 View Item
As advertised. Thanks
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Follow-up by jarnold38 (Oct-30-07 20:35):
ERRIR!! ERROR!! CAME BACK FROM NGC AS HAVING MODIFIED SURFACES. SCANS MISLEADING
1885-O Morgan Silver Dollar MONSTER PROOFLIKE (#230170353271)
If you have yet to pay for the coin i would bail on it.
Steve
<< <i>I haven't actually paid for the coin yet, so I'd really appreciate any input. Though is feedback is all positive, I found one (now) that shows five positives retracted for altered coins, etc. Any more?
Thanks, >>
based on his previous auctions, I wouldn't pay any more than 100 bucks for that coin. I'll be willing to bet you a bunch that a lot of the buyers are either newbies that don't know the difference between an original and cleaned/altered coin, or that they are buyers giving these as upcoming Christmas gifts.
I don't think it will be long until more people catch on to his charade, and the negatives come pouring in.
No one can grade a proof (if it is a proof) fron a photo. Grading proofs weighs heavily on mirror quality and the presence or absence of hairlines. Unless you are very familiar with grading proofs, you are not going to have a sense of how the coin may grade.
Even if you cannot grade it per se you should at least take a stab at figuring whether it is even a proof. You have the coin in hand. The rest of us are just looking at a picture, and its not the sharpest photo either.
Does it have deep watery mirrors under the toning? Or are the fields dull? If the fields are dull, it could still be a proof, but it won't grade high.
Check out the hair below Liberty's ear and cascading down her neck. It should have a sharp knifelike appearance.
The photo makes the eagle's breast feathers look indistinct--does it look like that in hand? The feather detail should be sharp.
Check out the reeded edge. Are the reeds sharp and squared off and is there reflectivity between them?
Next compare what you paid for the coin to what a PCGS PR65 would cost. If you paid the going rate, send it back and buy a graded one. In fact, if you do not know if it is reaally a proof and you paid more than you would wager on a horse....well, you be the judge on whether you are making a good bet.
CG
This aution scares me:
No Paypal
No Returns
The selling price assumes a problem free Proof 65
Just my two cents
Personally, I would never pay 65 money for a raw coin on eBay, especially one with no returns allowed.
<< <i>I'm getting ready to send it in for grading >>
There are many of us who would be very interested in the results.
Russ, NCNE
Knowledge is the enemy of fear
<< <i>Interesting how this coin is mentioned and then the next day the supposed buyer starts posting here. >>
Unless there is more than one thread mentioning this coin, this thread was posted first.
Russ, NCNE
Ben
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Purely a coincidence. Which I'm sure you don't believe in.
However, the buyer, me, recently won some money in the Bahamas and decided to build-up a collection that he hadn't touched in years. If you look at ebay, you'll notice I've made lots of recent purchases of coins--oh, and my wife buys and sells kids stuff all the time.
I joined PCGS to get submission privilegs and quickly discovered this forum.
That's all there is too it.
Not sure what nefarious benefit I would get.
Edited: OK some key points have been pointed out by a few people. Color might by natural so I rescind my no grade comment.
<< <i>Pretty colors. AT and no grade. >>
I'm not convinced it's AT. But, I'm also not convinced it's a proof. The strike on the breast feathers seems too weak.
Russ, NCNE
<< <i>Interesting how this coin is mentioned and then the next day the supposed buyer starts posting here.
Purely a coincidence. Which I'm sure you don't believe in.
However, the buyer, me, recently won some money in the Bahamas and decided to build-up a collection that he hadn't touched in years. If you look at ebay, you'll notice I've made lots of recent purchases of coins--oh, and my wife buys and sells kids stuff all the time.
I joined PCGS to get submission privilegs and quickly discovered this forum.
That's all there is too it.
Not sure what nefarious benefit I would get. >>
My confusion.
Good luck with your collecting endeavors. My advice would be to team up with a dealer you can trust rather than going it alone on EBay.
Knowledge is the enemy of fear
I'm interested in seeing how it grades out. Almost all of this guy's coins go for big money and I want to see if it's all a scam or if he actually has some quality material.
<< <i>I just got the attached coin. I bought it based on it being PR65+. I'm getting ready to send it in for grading--but being rather impatient, I thought would get some opinions on the coin. I think it looks very good, but what do I know? >>
Perhaps you could take it to a dealer near you......a coin shop and get an opinion there. The pics are those from the seller, couldn't make much of the coin then. It's also very likely the coin was improperly stored so the toning might smudge if you mishandle the coin. Other then not seeing any marks, the coin looks dark. Does this picture show the coin in a better light?
Leo
The more qualities observed in a coin, the more desirable that coin becomes!
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