Home› U.S. Coin Forum

If a Seller Guarantees that a Raw Coin is Original...

OneCentOneCent Posts: 3,561 ✭
in U.S. Coin Forum
should they also guarantee that the coin will grade at one of the top two TPG's?



imageimage
Collector of Early 20th Century U.S. Coinage.
ANA Member R-3147111

Comments

  • savoyspecialsavoyspecial Posts: 7,322 ✭✭✭✭
    <deleted>

    i mistakenly thought the OP was using the term original as a synonym for genuine

    www.brunkauctions.com

  • 21Walker21Walker Posts: 1,762 ✭✭✭
    No, because the TPG's will look at that coin for a few seconds and off it goes. If you have ever submitted a coin and got it BB'ed, you're probably pissed off. Submit it again and it come off as you expected. I would never guarantee a coin would grade at a TPG solely because of the subjective nature of the beast..............Rick
    If don't look like UNC, it probrably isn't UNC.....U.S. Coast Guard. Chief Petty Officer (Retired) (1970-1990)

    EBAY Items
    http://search.ebay.com/_W0QQsassZrlamir
  • …… Posts: 958 ✭✭✭
    no. i believe 'original' is not only a relative term, but it is also something that no one can guarentee unless they have owned that piece since the day it was minted or pulled from a OBW roll.
  • fcfc Posts: 12,796 ✭✭✭
    rare coins of NH is one of the dealers i have heard of who will stand
    by the grade they give the coin and what the tpg will grade it also.
    it sounds like that dealer(s) knows their stuff and is not afraid to
    back it up with a buy back if the agreement is made with an understanding
    that the coin has to grade at what they state or higher.

    as another poster stated.. getting graded and being "fully original"
    are two very different things.
  • BXBOY143BXBOY143 Posts: 1,110 ✭✭
    i would say yes and no only because NCS will slab it as authentic =original


    -Paul
    https://m.ebay.com.my/myebay?mfs=tabs&actionName=SELL_OVERVIEW
  • Aegis3Aegis3 Posts: 2,921 ✭✭✭


    << <i>should they also guarantee that the coin will grade at one of the top two TPG's? >>



    A "yes" answer assumes that slabbing/grading companies/numerical grading should all exist, so I'll go with the "no" answer.
    --

    Ed. S.

    (EJS)
  • TennesseeDaveTennesseeDave Posts: 4,815 ✭✭✭✭✭
    A coin can be original and still be bagged for dings and scratches.When a seller says original,I think that usually means not cleaned or messed with,but could still have issues that would keep it out of a holder.
    Trade $'s
  • PerryHallPerryHall Posts: 47,065 ✭✭✭✭✭


    << <i>A coin can be original and still be bagged for dings and scratches.When a seller says original,I think that usually means not cleaned or messed with,but could still have issues that would keep it out of a holder. >>



    Agree. "Original" doesn't necesarily mean "problem free".

    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

  • NHSBaseballNHSBaseball Posts: 2,470 ✭
    I have specifically asked Brian Greer if a raw coin would slab on more than one occasion, and he has been right every time. The first time. It really gives me confidence buying from a dealer like that.
    "College men from LSU- went in dumb, come out dumb too..."
    -Randy Newmanimage
  • MrEurekaMrEureka Posts: 24,502 ✭✭✭✭✭
    I have specifically asked Brian Greer if a raw coin would slab on more than one occasion, and he has been right every time. The first time. It really gives me confidence buying from a dealer like that.

    What do you mean by "the first time"? Can you be "wrong the first time" and "right the second time"? If so, is that better than being "right the first time" and "wrong the second time"? And how do you know the difference between right and wrong?


    Edited to say that I would not have posted this if the debate wasn't so painful to watch. Better to take my beating here...
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • BlindedByEgoBlindedByEgo Posts: 10,754 ✭✭✭✭✭
    I've always asked specifically if the seller felt that the coin would slab - or promised to buy it if they submitted it and it came back as expected.

    With most sellers, I assume that guarantees of originality are mostly marketing words.

    Check out my current listings: https://ebay.com/sch/khunt/m.html?_ipg=200&_sop=12&_rdc=1

  • ZoinsZoins Posts: 34,401 ✭✭✭✭✭


    << <i>no. i believe 'original' is not only a relative term, but it is also something that no one can guarentee unless they have owned that piece since the day it was minted or pulled from a OBW roll. >>

    This is a good point. Is there an agreed upon definition of "original?"
    Private Mint News | 2010 Lincoln Reverse Finalists
  • FairlanemanFairlaneman Posts: 10,426 ✭✭✭✭✭


    << <i>rare coins of NH is one of the dealers i have heard of who will stand
    by the grade they give the coin and what the tpg will grade it also. >>



    Collector USA does this also I believe when the coin is problem free in their opinion.

    Ken
  • NHSBaseballNHSBaseball Posts: 2,470 ✭


    << <i> I have specifically asked Brian Greer if a raw coin would slab on more than one occasion, and he has been right every time. The first time. It really gives me confidence buying from a dealer like that.

    What do you mean by "the first time"? Can you be "wrong the first time" and "right the second time"? If so, is that better than being "right the first time" and "wrong the second time"? And how do you know the difference between right and wrong?


    Edited to say that I would not have posted this if the debate wasn't so painful to watch. Better to take my beating here... >>




    By that statement I meant that I have not had to re-submit coins I have bought from him more than once to get them in a PCGS holder, as I have had to do with other raw coins (as well as some in NGC slabs that were cracked). My statement was made purely from admiration for his ability to recognize potential problems/issues and steer me away from those borderline, "market acceptable" coins.
    "College men from LSU- went in dumb, come out dumb too..."
    -Randy Newmanimage
  • coinkatcoinkat Posts: 23,997 ✭✭✭✭✭
    Grading is an art and an aguired skill that few truly master. There remains subjective component in an opinion as to the grade of a coin. There are opinions and some opinions are better than others.

    Experience the World through Numismatics...it's more than you can imagine.

  • halfhunterhalfhunter Posts: 2,770 ✭✭✭
    What do you mean by "the first time"? Can you be "wrong the first time" and "right the second time"? If so, is that better than being "right the first time" and "wrong the second time"? And how do you know the difference between right and wrong?

    imageimage

    Regards, John
    Need the following OBW rolls to complete my 46-64 Roosevelt roll set:
    1947-P & D; 1948-D; 1949-P & S; 1950-D & S; and 1952-S.
    Any help locating any of these OBW rolls would be gratefully appreciated!
  • rheddenrhedden Posts: 6,637 ✭✭✭✭✭
    A seller's guarantee of originality is only as good as his/her eye for coins. I have seen harshly cleaned pieces described as "original" by established dealers, but others are very careful about what they endorse as original. This is one yardstick you can use to measure a seller's competence in grading and spotting nice coins.

    One minor detail- truly "original" circulated coins sometimes have scratches or other damage from circulation that will prevent them from grading at PCGS. There is such a thing as an untouched, crusty Seated or Bust coin with a big rim bump, for instance.
  • mrcommemmrcommem Posts: 1,191 ✭✭✭✭✭
    If you want the coin graded before you buy it. ask the dealer to send it to the TPG. You pay the fees, postage, and insurance. If the dealer says no, then pass.
    Mr Commem
    Overland Trail Collection Showcase
    Dahlonega Type Set-2008 PCGS Best Exhibited Set
  • lasvegasteddylasvegasteddy Posts: 10,448 ✭✭✭
    <<<If a Seller Guarantees that a Raw Coin is Original>>>

    so long as they are not omitting the coin has a problem if asked

    it could be an original with problem and not slab as usually sellers state "problem free original" if it is problem free
    everything in life is but merely on loan to us by our appreciation....lose your appreciation and see


Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Format
SpoilerCodeQuote
Heading 2Heading 1
Emoji
:):D:(;):/:o:s:p:'(:|B):#:*<3o:)>:)
Url
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file
Home • U.S. Coin ForumComment As ...