eBay gamble, 1928 Peace UPDATE::: Coin in hand UPDATE::: Grading results

GoldenEyeNumismatics · May 15, 2011 5:20PM

How do you think I'll do?

Update:
Arrived today. Took a long time to get here in the mail.

Update 8/22: coin graded PCGS MS63 the second time through (.92 the first time).

Genuine 1928-P. Thickly toned, but a nice BU. MS63 IMO. There is no rim damage or beveling, as some were concerned. There are a few light, whispy marks underneath the toning that don't show in the pictures.

LotsoLuck · May 15, 2011 5:29PM

Your a brave man, best of luck.

Pokermandude · May 15, 2011 5:36PM

On the plus side, it doesn't look like the previous owner tried to clean it up with a toothbrush or worse.

My gut says you probably did okay. Seems like there's a lot of upside as it could be quite nice in hand.

Type2 · May 15, 2011 5:43PM

Only time will tell Good Luck. Let'em roll.

Justlooking · May 15, 2011 5:54PM

It's got everything ... good feedback, bad picture. Looks original. No returns accepted bothers me, but what the heck? Hope you got a good one!

Bruceswar · May 15, 2011 7:25PM

Super score. Well done!

savoyspecial · May 15, 2011 9:18PM

hope it's not a 1923

crypto79 · May 15, 2011 10:04PM

Your gut is pretty good and I don't think it will be any different this time, To be honest the luster/strike looks like a 28 and the toning precludes any old cleanings. The only question in my mind is AU58 or MS but either way you'll make money. The only thing that will screw you is an AU58 1928-s but hey that's what paypal is for

PQueue · May 15, 2011 10:32PM

What's the point?

Tiny · May 15, 2011 10:35PM

Your gut is pretty good and I don't think it will be any different this time, To be honest the luster/strike looks like a 28 and the toning precludes any old cleanings. The only question in my mind is AU58 or MS but either way you'll make money. The only thing that will screw you is an AU58 1928-s but hey that's what paypal is for

I don't agree with " but hey that's what paypal is for "

I mean the OP is taking a chance and I Wish Him Luck but to just get things off eBay in hopes that you'll get
a cherry and to rely on Pay Pal to get your money back even when the seller stated No Returns in MO ain't the
way to do things.

Klif50 · May 15, 2011 11:00PM

Looks like a mintmark on the reverse to me. Good luck.

mbogoman · May 15, 2011 11:35PM

<< Looks like a mintmark on the reverse to me. Good luck. >>

I see a blurry mintmark bump, too...

Manorcourtman · May 16, 2011 1:08AM

<< 

<< Looks like a mintmark on the reverse to me. Good luck. >>

I see a blurry mintmark bump, too... >>

So if you receive a 28-s is this going to turn into a SNAD Paypal dispute thread because you didn't win your "gamble" since there are no returns on the coin???? Maybe this novice seller is not so novice after all???

coirn · May 16, 2011 1:37AM

The edges/rims look beveled. I hope not.

TheBigB · May 16, 2011 1:41AM

I prefer online poker.

etexmike · May 16, 2011 1:47AM

No guts, no glory.

Best of luck to ya'

Mike

LindeDad · May 16, 2011 1:50AM

<< The edges/rims look beveled. I hope not.

>>

ex belt buckle proably.

grip · May 16, 2011 2:31AM

The obverse looks damaged,and the 1 is missing in the date?

Frankcoins · May 16, 2011 2:39AM

It's described only as a 1928 silver dollar, which also would include a 1928-S.

TheBigB · May 16, 2011 2:47AM

<< It's described only as a 1928 silver dollar, which also would include a 1928-S. >>

The description has been left vague, maybe on purpose.

johnny9434 · May 16, 2011 4:05AM

best of luck with it

darktone · May 16, 2011 10:37AM

Ditto! Being that it could be a 1923.

erickso1 · May 16, 2011 10:50AM

<< 

<< The edges/rims look beveled. I hope not.

>>

ex belt buckle proably.

>>

Something definitely wrong with the edge/rim.

Is it just me or is the light reflection on the reverse look....off...like there is something plastic like residing on the surface and it is reflecting the flash? The luster seems to be running 2 to 8 but those two white reflections at 5 and 11 don't look like they are on the surface, at least in the close up. Just my thoughts.

I hope everything is good with it though.

TexasNationals · May 16, 2011 10:53AM

I am pretty sure I see a S too on the reverse so upside is if you got a problem free, 1928-S in MS-63 you did okay, if a 23-S pray for a MS-64, but after fee's your still down. I am all for gambles, but if you wanted to get kicked in the stones I only charge $35.83 + tax, could have saved you a bunch!

Edit: Just looked at the rims, your screwed any way you cut the pie

Russ · May 16, 2011 10:57AM

Probably a major score because, after all, it was "handed down in family."

Russ, NCNE

TexasNationals · May 16, 2011 10:58AM

I must say I have taken gambles on crappy pictures, I bought a 72 DDO for $200 BIN that graded MS-67RD, but the pictures showed a blurry MS RD coin so I figured the downside was little plus there was a return policy so.............. IS it too late not to pay, take the negatives and learn a lesson or not?

Russ · May 16, 2011 10:59AM

<< 

<< Looks like a mintmark on the reverse to me. Good luck. >>

I see a blurry mintmark bump, too... >>

That bump is too far off the rim to be a mintmark.

Russ, NCNE

PerryHall · May 16, 2011 11:01AM

I'd never buy a raw key date coin off of eBay---way too risky. Be sure to check for a removed S mintmark when you get it.

TheBigB · May 16, 2011 11:02AM

<< if you wanted to get kicked in the stones I only charge $35.83 + tax >>

Your rate is very reasonable.

TexasNationals · May 16, 2011 11:08AM

Your rate is very reasonable.

Contact my administrative assistant, llafoe, to schedule an appointment.

Thanks,

TN

coinkat · May 16, 2011 11:18AM

i dunno- good luck with it

windwhispersintrees · May 16, 2011 11:21AM

The coin was previously listed by the seller at $325 with pictures that were blurrier and this description:

"1928 peace dollar-low mintage-rare not an expert but would say almost uncirculated,saw simular coin advertised for $500-$600 a great buy or extremly higher"
Previous listing

Not to be cynical, but perhaps it's like fishing....that bait got no takers, so he put a fresher worm on the hook in his new listing?

GoldenEyeNumismatics · May 16, 2011 11:22AM

1928 Peace Dollars often come with exceptionally weak reeding.

GoldenEyeNumismatics · May 16, 2011 11:25AM

<< The coin was previously listed by the seller at $325 with pictures that were blurrier and this description:

"1928 peace dollar-low mintage-rare not an expert but would say almost uncirculated,saw simular coin advertised for $500-$600 a great buy or extremly higher"
Previous listing

Not to be cynical, but perhaps it's like fishing....that bait got no takers, so he put a fresher worm on the hook in his new listing? >>

Or he tried to take better pictures and lower his price? As would be typical if you're trying to sell something?

crypto79 · May 16, 2011 11:47AM

My take on all of this is a lot of members here over estimate their instincts/gut and underestimate Will's (GEN). Only downside I see is like I said before that the what appears to be honest seller missed the s mint mark and the coin is a slider.

kaz · May 16, 2011 11:50AM

From those poor photos, I can't even tell it it's genuine. I hope you do well on this deal, and that you'll let us know how it turns out....... regardless of the outcome.

seanq · May 16, 2011 11:50AM

I think the coin is a genuine 1928 but the dark colors on the obverse would have scared me off. Even if this particular coin doesn't turn out to be a homerun, good for you for having the faith in your own knowledge to go for it. No guts, no glory, I really hope this works out for you.

Sean Reynolds

relicsncoins · May 16, 2011 11:54AM

You will recieve a harshly cleaned 1928 Peace dollar with a note that says "Hi, I took a brillo pad to the coin to remove some black tarnish. The coin is much more shiny now, and probably worth more than what you paid. Thanks again"

seanq · May 16, 2011 12:09PM

<< Probably a major score because, after all, it was "handed down in family."

Russ, NCNE >>

Hey now, I have a 1928 Peace Dollar that my father gave to me, and that his father gave to him back in the 1950s. It's a polished XF details turd, but that doesn't make the story any less true.

Sean Reynolds

pennyannie · May 16, 2011 12:30PM

I have picked up a few matte proof lincolns that quite a few on here said no way. They all graded. Good luck!!

Rampage · May 16, 2011 12:33PM

Well, I am one hunred percent certain it is a 1928. Can't tell if it is a San Fran mint or Phili from the images, though. Good luck. I, too, have had nice luck with eBay gambles. Some you win, some you lose.

lava · May 16, 2011 5:48PM

<< Your gut is pretty good and I don't think it will be any different this time, To be honest the luster/strike looks like a 28 and the toning precludes any old cleanings. The only question in my mind is AU58 or MS but either way you'll make money. The only thing that will screw you is an AU58 1928-s but hey that's what paypal is for

I don't agree with " but hey that's what paypal is for "

I mean the OP is taking a chance and I Wish Him Luck but to just get things off eBay in hopes that you'll get
a cherry and to rely on Pay Pal to get your money back even when the seller stated No Returns in MO ain't the
way to do things. >>

Agree 100%. I'm glad I'm not the only one disgusted. Live by greed, die by greed.

Justacommeman · May 16, 2011 6:26PM

Will maybe not win this one but I will bet on him and his gut over time. MJ

ajman · May 16, 2011 10:37PM

What's that famous quote from P.T. Barnum?...

PerryHall · May 16, 2011 10:55PM

<< What's that famous quote from P.T. Barnum?...

>>

There's a raw key-date coin buyer on e-bay born every minute.

TavernTreasures · May 16, 2011 11:10PM

Looks like it had black tarnish and then was dipped. Some of the areas now show etching into the coin where some of the tarnish had been.

GoldenEyeNumismatics · May 16, 2011 11:40PM

<< 

<< Your gut is pretty good and I don't think it will be any different this time, To be honest the luster/strike looks like a 28 and the toning precludes any old cleanings. The only question in my mind is AU58 or MS but either way you'll make money. The only thing that will screw you is an AU58 1928-s but hey that's what paypal is for

I don't agree with " but hey that's what paypal is for "

I mean the OP is taking a chance and I Wish Him Luck but to just get things off eBay in hopes that you'll get
a cherry and to rely on Pay Pal to get your money back even when the seller stated No Returns in MO ain't the
way to do things. >>

Agree 100%. I'm glad I'm not the only one disgusted. Live by greed, die by greed. >>

Where do I say I would rely on paypal for a chargeback if it didn't work out?

YogiBerraFan · May 16, 2011 11:50PM

Interesting gamble, good luck!

coirn · May 16, 2011 11:58PM

<< Interesting gamble, good luck! >>

What gamble? Paypal protects him and he gets all his money back. It's fun to gamble when there's no risk involved.
I wish Vegas has those type of "odds".

Russ · May 17, 2011 2:45AM

<< 

<< Interesting gamble, good luck! >>

What gamble? Paypal protects him and he gets all his money back. It's fun to gamble when there's no risk involved.
I wish Vegas has those type of "odds". >>

He never stated that he had any intention of of filing with PayPal if it didn't work out.

Russ, NCNE

crypto79 · May 17, 2011 2:45AM

<< 

<< 

<< Your gut is pretty good and I don't think it will be any different this time, To be honest the luster/strike looks like a 28 and the toning precludes any old cleanings. The only question in my mind is AU58 or MS but either way you'll make money. The only thing that will screw you is an AU58 1928-s but hey that's what paypal is for

I don't agree with " but hey that's what paypal is for "

I mean the OP is taking a chance and I Wish Him Luck but to just get things off eBay in hopes that you'll get
a cherry and to rely on Pay Pal to get your money back even when the seller stated No Returns in MO ain't the
way to do things. >>

Agree 100%. I'm glad I'm not the only one disgusted. Live by greed, die by greed. >>

Where do I say I would rely on paypal for a chargeback if it didn't work out? >>

To be fair the "but hey that's what paypal is for " are my words. I have a decent enough sellers rep on ebay and the BST but if I buy a 1928 dollar that is even slightly eluded to as being a P mint and it comes back as a S with the P price point I would be quick to initiate a return and I could care less what anybody thinks. The no returns is not the real policy just a wishful sellers uninformed proclamation with no bearing on reality. I make decisions based on facts & reality, not faux forum integrity rants.

eBay gamble, 1928 Peace UPDATE::: Coin in hand UPDATE::: Grading results

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