Is this is a good deal?
ColonialCoinUnion
Posts: 10,087 ✭✭✭
ColonialCoinUnion
Posts: 10,087 ✭✭✭
ColonialCoinUnion
Posts: 10,087 ✭✭✭
Comments
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
<< <i>One of the (slightly) better replicas. >>
Yep. Either the seller is uninformed, or it's a scam. Bidding activity so far looks pretty funky, too.
The good:
100% feedback
100% "money back" guarantee
seller says it's authentic - you "have" to trust 100% FB sellers as they have "never" messed up
it once belonged to Grandpa (who never bought a fake in his life!)
he's sure it's made of silver (though never analyzed)
he's sure it's been bitten once or twice (he probably did it himself)
he's sure it's a better grade than a "good"
the bad:
he says he knows nothing about these except what he's read in books
coin has never been professionally certified per his guesstimate (why?)
coin "weights" 65 grains
he "measured" it at > 1 inch with a ruler (1/16th div)
the ugly:
the coin itself
the sophisticated authentication techniques used (biting, weighting, rulering, grandpa's ownership)
roadrunner
Since both of the major certification services are slabbing problem coins with notations as to what is wrong with them, there is no reason not to get this certified. If it's genuine, it's worth a lot more than the current bid.
Here is are pictures of a certified Noe-1 Pine Tree Shilling.
"You can find copy's for sale here on Ebay but you don't see many of the Real Coins like this for sale!! Here's your chance to get an Authentic New England Pine Tree Shilling here on Ebay."
"This coin has never been Professionaly Graded as far as I know."
"It's the only coin like this I've ever saw in person."
So, with those three statements from the auction, how does the seller know that is genuine?
For this auction, my recommendation is: "Just say Noe"
An authorized PCGS dealer, and a contributor to the Red Book.
<< <i>diameter too small for a large planchet - should be 27-31 mm >>
What if it were real and heavily clipped as was the practice back then?
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
<< <i>
<< <i>diameter too small for a large planchet - should be 27-31 mm >>
What if it were real and heavily clipped as was the practice back then? >>
If it had been clipped more of the lettering would be missing. I believe that the piece I posted has been clipped. From what I have read in the more advanced literature, this variety was struck on something other than an almost round planchet.