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Grades Posted Today...............(Actually - Last Week!)

19Lyds19Lyds Posts: 26,491 ✭✭✭✭
in U.S. Coin Forum
image

Now I don't know what to do!

I purchased the 1965 from a local dealer whose more into stamps than coins and he none of his coins are graded. He pulled this SMS set out alonmg with the 1964 Proof set.
I could see it was a really nice Half.
He could see it was a really nice Half.
I asked how much and he replied with something like $25 which is well above bid. I accepted and submitted. The 1964 Quarter came from the 1964 Proof set I also bough for well over bid.

Should I share the grade with the dealer or perhaps sell the 1965 and split the profits? What? I wanna do the right thing you know.

BTW, the two 77-D's are DDO coins and that 1964 Kennedy Proof is under graded by at least 10 points and then they forgot the dang DCAM desgination buts thats for a different post.

The 1972? I'm still trying to figure out why I sent that in?
I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



The name is LEE!

Comments

  • Top50SetBuilderTop50SetBuilder Posts: 951 ✭✭✭
    perhaps a no FG on the 72?
  • shottakershottaker Posts: 309
    Well, fair is fair. According to some on this board you should figure out the value to the penny of the items you "picked" back out your grading fees and make sure he is paid 90% of that sum. Only fair since he's not a professional and just a stamp guy.

    I say he made money when you walked out the door and was more than happy to let you buy them at that price. If he wanted to spend 10 minutes on every coin looking for every possible thing someone else might find, he would have to charge 3x the money he is already.
  • CoinJunkieCoinJunkie Posts: 8,772 ✭✭✭✭✭
    He sold you the coins raw for an agreed upon price. YOU chose to submit them and pay the associated costs. Nothing
    is owed to anyone at this point, IMO.
    My Roosevelt Dime Registry Set
  • DennisHDennisH Posts: 13,996 ✭✭✭✭✭


    << <i>He sold you the coins raw for an agreed upon price. YOU chose to submit them and pay the associated costs. Nothing
    is owed to anyone at this point, IMO. >>

    Right.
    When in doubt, don't.
  • shottakershottaker Posts: 309


    << <i>He sold you the coins raw for an agreed upon price. YOU chose to submit them and pay the associated costs. Nothing
    is owed to anyone at this point, IMO. >>



    AAH but the varieties...that is what we speak of.....
    Not to mention the premium for a cameo etc.

    He's just a poor stamp guy.

    And I'm sure most board members will miss the irony in this post.
  • bushmaster8bushmaster8 Posts: 5,616 ✭


    << <i>Should I share the grade with the dealer or perhaps sell the 1965 and split the profits? What? I wanna do the right thing you know. >>




    Just do whatever you think is right Lee.
    Damn the righteous arm of the forum morality boosters!

    Just think about this though:
    If you split the profit with DealerMcWheeler we'd have to revoke your Master Cherrypicker status. image
    "Wars are really ugly! They're dirty
    and they're cold.
    I don't want nobody to shoot me in the foxhole."
    Mary






    Best Franklin Website
  • SeaEagleCoinsSeaEagleCoins Posts: 3,262 ✭
    Nice grades, Llo...oops, I mean Lee image


    Actually, you should contact the mint and find out who was working the day that coin was minted and then give that person or their heirs some kind of gift...image
    Re: Slabbed coins - There are some coins that LIVE within clear plastic and wear their labels with pride... while there are others that HIDE behind scratched plastic and are simply dragged along by a label. Then there are those coins that simply hang out, naked and free image
  • 19Lyds19Lyds Posts: 26,491 ✭✭✭✭


    << <i>perhaps a no FG on the 72? >>



    Those are only on the 1972-D coins.
    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
  • 19Lyds19Lyds Posts: 26,491 ✭✭✭✭


    << <i>

    << <i>He sold you the coins raw for an agreed upon price. YOU chose to submit them and pay the associated costs. Nothing
    is owed to anyone at this point, IMO. >>



    AAH but the varieties...that is what we speak of.....
    Not to mention the premium for a cameo etc.

    He's just a poor stamp guy.

    And I'm sure most board members will miss the irony in this post. >>



    I hope I didn't mislead anybody but the 77-D's came from 5 rolls I picked up for an insane price off of eBay. I do get crazy once in a while! image
    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
  • DHeathDHeath Posts: 8,472 ✭✭✭
    Put up pics of the half when it comes home. image

    You don't owe your friend anything, but if you go back next month and say "I made a few bucks on the half you sold me and I'm here to spend them with you", I expect he'll appreciate the consideration and give you a look at some more goodies later.
    Developing theory is what we are meant to do as academic researchers
    and it sets us apart from practitioners and consultants. Gregor
  • 19Lyds19Lyds Posts: 26,491 ✭✭✭✭


    << <i>If you split the profit with DealerMcWheeler we'd have to revoke your Master Cherrypicker status. image >>




    image Shhhh.

    Nobody's suppose to know!
    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
  • BochimanBochiman Posts: 25,446 ✭✭✭✭✭
    Careful, you should have only paid melt as it is probably one of the most counterfeited pieces of all time and you had no way to know before it was sent in for grading image

    I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment

  • rainbowroosierainbowroosie Posts: 4,875 ✭✭✭✭
    Dealers are SUPPOSED to know what a coin is worth...good purchase; keep your money and don't complain the next time YOU are a loser.image
    "You keep your 1804 dollar and 1822 half eagle -- give me rainbow roosies in MS68."
    rainbowroosie April 1, 2003
  • tjc2120tjc2120 Posts: 714 ✭
    Share the bounty - give a little back (at least buy something at his shop.) Unless you need the $ for rent image.
    I just don't buy into the "screw the other guy he should have known" mentality that is apparently prevelent in this business.
    Not my approach to things in general.
    "spot on my UHR, nevermind, I wiped it off"
  • 19Lyds19Lyds Posts: 26,491 ✭✭✭✭


    << <i>Put up pics of the half when it comes home. image

    You don't owe your friend anything, but if you go back next month and say "I made a few bucks on the half you sold me and I'm here to spend them with you", I expect he'll appreciate the consideration and give you a look at some more goodies later. >>



    Here's the SP67CA Kennedy:

    image

    The funny thing about this is that even though the PCGS Database says SP67CA, the slab label says MS67CAM!

    image

    If I ever sell it, I hope folks don;t think its a counterfeit since the database doesn't match the actual slab!

    Here's the PR67CA Washington:

    image

    I don't understand why DCAM wasn't designated but what do I know??

    The PR66 1964 Kennedy Looks almost CAM in hand which is why I submitted it but the scan kinda wipes everything out.

    image

    I'm a little disappointed with the Kennedy but all-in-all, pleased with the submission results.

    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
  • coindeucecoindeuce Posts: 13,474 ✭✭✭✭✭
    If you did not state your intention to have the coins graded at the time you were negotiating a purchase, and the dealer did not put any precondition on the sale, you are the sole owner of those coins. Conversely, as Rainbowroosies wrote, don't whine about purchases from the same dealer that end up as losers.

    "Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
    http://www.americanlegacycoins.com

  • bstat1020bstat1020 Posts: 2,157 ✭✭
    Can someone explain the SP67CAM grade to me? I have not seen the SP part before.

    Thanks.
    Madelyn's Birth Year Registry Set, Sophia's Birth Year Registry Set, My 10 Best Coins
  • SUMORADASUMORADA Posts: 4,797 ✭

    Lee,

    image
    coins on ebay
  • JustacommemanJustacommeman Posts: 22,852 ✭✭✭✭✭
    You paid over bid. What would have happened if you missed something and they would have come back 65 no cameo? It happens. Would you have asked for a refund? Probably not. However, if this bothers you or you lose sleep over it by all means do what feels right to you....imho, you are all good the way it went down. Personally, I would give him more business regardless..............MJ
    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
  • HTubbsHTubbs Posts: 4,138 ✭✭✭


    << <i>image

    Now I don't know what to do!

    Yes you do!

    Should I share the grade with the dealer or perhaps sell the 1965 and split the profits? What? I wanna do the right thing you know.

    You both agreed to the sale, he made his $10-15 and was probably quite happy. Any profit you make after the purchase is solely yours.

    BTW, the two 77-D's are DDO coins and that 1964 Kennedy Proof is under graded by at least 10 points and then they forgot the dang DCAM desgination buts thats for a different post.

    Well, mistakes happen...image

    The 1972? I'm still trying to figure out why I sent that in? >>



    Pretty toning possibly?
  • golfer72golfer72 Posts: 3,588
    The seller has the responsibilty of knowing what he is selling. You owe nothing.
  • 19Lyds19Lyds Posts: 26,491 ✭✭✭✭


    << <i>

    << <i>image

    Now I don't know what to do!

    Yes you do!

    Should I share the grade with the dealer or perhaps sell the 1965 and split the profits? What? I wanna do the right thing you know.

    You both agreed to the sale, he made his $10-15 and was probably quite happy. Any profit you make after the purchase is solely yours.

    BTW, the two 77-D's are DDO coins and that 1964 Kennedy Proof is under graded by at least 10 points and then they forgot the dang DCAM desgination buts thats for a different post.

    Well, mistakes happen...image

    The 1972? I'm still trying to figure out why I sent that in? >>



    Pretty toning possibly? >>



    I think I just threw the 72 in to see what it would grade as toning was definitely not an issue! image

    image
    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
  • rgCoinGuyrgCoinGuy Posts: 7,478 ✭
    Wow, that was graded 65. I sent this one in because of the toning, and it came back 64...

    image

    Edited to add some bigger pics

    image

    image
    imageQuid pro quo. Yes or no?
  • 19Lyds19Lyds Posts: 26,491 ✭✭✭✭
    Sometimes you get lucky and sometimes you get sucky!

    Grades that is!





    I've got some 67's that have slide marks on the shield which IMO limit the coins to MS64. How they got a 67 is beyond me!

    BTW the obverse of your coin, even though its toned nicely, has evidence of very strong die erosion. I don;t think PCGS likes that too much.

    image
    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
  • rgCoinGuyrgCoinGuy Posts: 7,478 ✭
    Very true, I figured this looks like a pretty weak strike (at least the reverse) and that probably affected it too.
    imageQuid pro quo. Yes or no?

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