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

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    seanqseanq Posts: 8,852 ✭✭✭✭✭


    << <i>

    << <i>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". >>



    Again, where did the OP say he would use PayPal for a chargeback if the coin was not a rip?

    I also like to "gamble" on eBay from time to time, and I will tell you that I have never returned a coin because I misread a scan or misattributed a variety that I thought I was going to cherrypick. My mistake means it is my coin, and most of the people I know who cherrypick (folks I know here and IRL) feel the same way.

    A couple of months ago I won an Indian cent for $100 (more than I usually spend on a hunch) because I was convinced it was a rare variety. The coin showed up, it wasn't, and I still have it. Eventually I'll flip it back on eBay, probably at a slight loss.

    Auctions like the one referenced in the OP are all about risk and reward, and nowhere in this thread did the OP say he wasn't fine accepting both .


    Sean Reynolds
    Incomplete planchets wanted, especially Lincoln Cents & type coins.

    "Keep in mind that most of what passes as numismatic information is no more than tested opinion at best, and marketing blather at worst. However, I try to choose my words carefully, since I know that you guys are always watching." - Joe O'Connor
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    BillJonesBillJones Posts: 36,005 ✭✭✭✭✭
    I've seen more than a few 1928-S Peace dollars in slider Unc. with the mint mark scraped off ... image
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
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    seanqseanq Posts: 8,852 ✭✭✭✭✭


    << <i>
    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. >>




    I agree that if the coin was misrepresented, a return could be warranted. If the OP received an S-mint coin instead of the advertised P-mint then I could understand a return. However if the coin is properly described but arrives with surface damage or corrosion then I'd say accept the gamble was lost and keep the coin.


    Sean Reynolds
    Incomplete planchets wanted, especially Lincoln Cents & type coins.

    "Keep in mind that most of what passes as numismatic information is no more than tested opinion at best, and marketing blather at worst. However, I try to choose my words carefully, since I know that you guys are always watching." - Joe O'Connor
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    ElKevvoElKevvo Posts: 4,199 ✭✭✭✭✭
    It's described only as a 1928 silver dollar, which also would include a 1928-S.

    Agreed on that. Yeah I don't get a warm and fuzzy about this one...rims look rolled...not sure about the mint etc. But could work out, ya never know!

    I like this item from the seller:

    Quite the set!

    K
    ANA LM
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    crypto79crypto79 Posts: 8,623 ✭


    << <i>

    << <i>
    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. >>




    I agree that if the coin was misrepresented, a return could be warranted. If the OP received an S-mint coin instead of the advertised P-mint then I could understand a return. However if the coin is properly described but arrives with surface damage or corrosion then I'd say accept the gamble was lost and keep the coin.


    Sean Reynolds >>



    "However if the coin is properly described but arrives with surface damage or corrosion then I'd say accept the gamble was lost and keep the coin"

    I agree with that and would take it a step futher as to say as long as nothing is misrepresented I would suck it up. But an UNC that isn't or PQ that is cleaned would tip the balance
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    GoldenEyeNumismaticsGoldenEyeNumismatics Posts: 13,187 ✭✭✭
    Results posted
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    STONESTONE Posts: 15,275 ✭
    Someones black pen exploded on the obverse image

    I think this is one which will benefit from a dip, although I would still leave it be!
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    Nice score!
    Worth easily two or three times ++ the amount you paid.
    Many 28s have been dipped and/or cleaned. Yours appears to be original.

    I like it a lot.
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    partagaspartagas Posts: 2,056 ✭✭✭
    Congrats, I wouldn't go all RickO on it. But the toning isn't that great or bad. I would sell it as is.
    If I say something in the woods, and my wife isn't around. Am I still wrong?
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    guitarwesguitarwes Posts: 9,308 ✭✭✭

    Congrats Will, nice pickup. You are one gambling fool! (in a good way)

    MS63 or AU58, I can't decide, but I concede to your opinion.

    @ Elite CNC Routing & Woodworks on Facebook. Check out my work.
    Too many positive BST transactions with too many members to list.
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    scotty1419scotty1419 Posts: 1,204 ✭✭✭✭
    Congrats!

    The toning might not be appealing for most but I like it for the original skin! It's got character!
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    MrLeeMrLee Posts: 1,853 ✭✭✭
    Congrats! image
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    crypto79crypto79 Posts: 8,623 ✭
    I suspected this would be the case, congrats
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    I'm glad it worked out for you.
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    gonzergonzer Posts: 3,098 ✭✭✭✭✭
    Great pickup, and good, gutsy gamblin'. Don't think I'd like you sitting in at our poker table though.
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    joebb21joebb21 Posts: 4,812 ✭✭✭✭✭
    Should I open the dip container?
    may the fonz be with you...always...
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    crypto79crypto79 Posts: 8,623 ✭


    << <i>Should I open the dip container? >>



    I don't think the Obv would look very good after a dip with that deep crust
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    GoldenEyeNumismaticsGoldenEyeNumismatics Posts: 13,187 ✭✭✭


    << <i>Congrads on not getting burned by flea by, two questions, is the 1928 P rare and will it slab iyo? >>



    Not rare at all, but they're valuable in the context of the series. An MS63 is about a $700 coin. IMO it will slab MS63.
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    gripgrip Posts: 9,962 ✭✭✭✭✭
    Don't dip. Looks like a low end AU to me.Keep us updated
    if you submit.
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    originalisbestoriginalisbest Posts: 5,971 ✭✭✭✭
    Don't think it'll 63 without a dip to improve appearances, but I'd bet it'll 62 though. Nice score. image
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    truthtellertruthteller Posts: 1,240 ✭✭
    AU58 environmental damage. Might be worth a shot at NCS. Won't grade at PCGS.



    TRUTH
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    ManorcourtmanManorcourtman Posts: 8,497 ✭✭✭✭✭


    << <i>AU58 environmental damage. Might be worth a shot at NCS. Won't grade at PCGS.



    TRUTH >>



    image Sorry, that's what I thought also.
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    frnklnlvrfrnklnlvr Posts: 2,750 ✭


    << <i>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. >>



    That doesn't mean he should be stuck with it if it had turned out to be counterfeit.
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    crypto79crypto79 Posts: 8,623 ✭


    << <i>AU58 environmental damage. Might be worth a shot at NCS. Won't grade at PCGS.



    TRUTH >>



    Truth or more like an incorrect opinion? I have seen countless Peace dollars that look just like that in PCGS plastic, that's how a deeply toned, undipped peace dollar often looks and PCGS will slab accordingly
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    Coin graded PCGS MS63 the second time through. (it was .92 the first time through)
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    19Lyds19Lyds Posts: 26,524 ✭✭✭✭
    You did great just proving that sometimes, a gamble can pay off! Congrats!
    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!
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    deviousdevious Posts: 1,690 ✭


    << <i>Coin graded PCGS MS63 the second time through. (it was .92 the first time through) >>



    GEN, you are top notch on your grading abilities. Congrats on that the second time around.
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    LotsoLuckLotsoLuck Posts: 3,786 ✭✭✭
    Congrats. But cleaned to 63? its true, grading is subjective.
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    Mar327Mar327 Posts: 2,074 ✭✭
    Congrats on the new improved grade!
    Have bought and sold on BST, many references available when asked.
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    Tdec1000Tdec1000 Posts: 3,852 ✭✭✭
    Congrats goldeneye! That's awesome!
    Awarded the coveted "You Suck" Award on 22 Oct 2010 for finding a 1942/1 D Dime in silver, and on 7 Feb 2011 Cherrypicking a 1914 MPL Cent on Ebay!

    Successful BST Transactions!SIconbuster, Meltdown, Mission16, slothman2000, RGjohn, braddick, au58lover, allcoinsrule, commemdude, gerard, lablade, PCcoins, greencopper, kaz, tydye, cucamongacoin, mkman123, SeaEaglecoins, Doh!, AnkurJ, Airplanenut, ArizonaJack, JJM,Tee135,LordMarcovan, Swampboy, piecesofme, Ahrensdad,
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    I like it whatever it is currently called. Congrats image Nice coin and nice look.

    Eric
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    ElcontadorElcontador Posts: 7,743 ✭✭✭✭✭
    You gambled buying a butt-ugly coin that on the second time around PCGS deemed to be market acceptable. You will make some money on it, and good for you.

    But take a step back and look at the entirety of the transaction. I'd better stop here.
    "Vou invadir o Nordeste,
    "Seu cabra da peste,
    "Sou Mangueira......."
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    mrpotatoheaddmrpotatoheadd Posts: 7,576 ✭✭✭
    You know what's interesting? If the OP had disagreed with PCGS's determination of "cleaned" and just cracked the coin out and sold it on eBay without disclosing PCGS's opinion, he'd be getting called no end of bad names. Since he chose to resubmit, however, and received an acceptable grade, he gets lots of congratulations instead.

    And in either case, the coin would have been exactly the same.
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    .
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    ElcontadorElcontador Posts: 7,743 ✭✭✭✭✭
    PM sent.
    "Vou invadir o Nordeste,
    "Seu cabra da peste,
    "Sou Mangueira......."
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    mkman123mkman123 Posts: 6,849 ✭✭✭✭
    Some of the tpgs are not very consistent....
    Successful Buying and Selling transactions with:

    Many members on this forum that now it cannot fit in my signature. Please ask for entire list.
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    telephoto1telephoto1 Posts: 4,966 ✭✭✭✭✭


    << <i>You know what's interesting? If the OP had disagreed with PCGS's determination of "cleaned" and just cracked the coin out and sold it on eBay without disclosing PCGS's opinion, he'd be getting called no end of bad names. Since he chose to resubmit, however, and received an acceptable grade, he gets lots of congratulations instead.

    And in either case, the coin would have been exactly the same. >>



    Bingo.
    And, I'm sorry but I think they blew the call on the resubmit. I don't think anyone including OP would pay MS63 money or even close for this coin out of a holder.

    RIP Mom- 1932-2012
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    << <i>

    << <i>You know what's interesting? If the OP had disagreed with PCGS's determination of "cleaned" and just cracked the coin out and sold it on eBay without disclosing PCGS's opinion, he'd be getting called no end of bad names. Since he chose to resubmit, however, and received an acceptable grade, he gets lots of congratulations instead.

    And in either case, the coin would have been exactly the same. >>



    Bingo.
    And, I'm sorry but I think they blew the call on the resubmit. I don't think anyone including OP would pay MS63 money or even close for this coin out of a holder. >>



    What about this coin makes you think it is cleaned? I think PCGS blew the call when they called it cleaned the first round.
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    silverman68silverman68 Posts: 559 ✭✭✭
    Sweet!! Just shows something about grading. Congrats.
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    telephoto1telephoto1 Posts: 4,966 ✭✭✭✭✭
    What about this coin makes you think it is cleaned? I think PCGS blew the call when they called it cleaned the first round.

    I didn't say I thought it was cleaned; I said I think they blew the call on the resubmit. Looking at the images provided...I see horizontal hairlines on the neck, lots of ticks and a mottled spotty tone normally associated with previously dipped coins that have begun to retone.

    RIP Mom- 1932-2012
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    BryceMBryceM Posts: 11,941 ✭✭✭✭✭
    I like it, but honestly I wonder if it would have scored higher after a dip.......

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