1866 dime sold on eBay for $533 - - good buy or bad buy?
RichieURich
Posts: 8,421 ✭✭✭✭✭
eBay 1866 dime sold for $533 was described as VF - EF detail with scratches.
Good buy or bad buy? And please explain your answer.
Good buy or bad buy? And please explain your answer.
0
Comments
I wouldn't touch it with a 39 1/2 foot pole.
If it's a circulated proof, bad buy.
If it's an "S" mint with very weak mintmark, then that's even worse.
If it's fake, then it's much worse yet.
In summary, it's either "break even" or "oops."
coin is high risk
seller has sold other lots with coins that were not-authentic, tokens, restrikes etc maybe not intentionally, but sold nonetheless
lazy/inexperienced seller, high risk
poor photography, high risk
unable to give sufficient opinion if coin was a good buy or not, too many variables,
with paypal protection it is worth the risk though, even with a no-return policy buyers can still get a return if they make a fuss
.
Bob
Long time eBayer with 100% feedback rating, trying out the PCGS boards to save the fees!
Successful transactions with several board members here including abitofthisabitofthat, marcovan and others
Congrats to all who had the correct answer, or most of the correct answer!
An authorized PCGS dealer, and a contributor to the Red Book.
"Look up, old boy, and see what you get." -William Bonney.
The 1866-s dime can be found by entering this into your browser: http://www.seateddimevarieties.com/pictorial/1866s.htm
Long time eBayer with 100% feedback rating, trying out the PCGS boards to save the fees!
Successful transactions with several board members here including abitofthisabitofthat, marcovan and others
<< <i>A very cool thread. Rich (or Rec78 or SullyFan), can you give a little more detail as to the difference between the two dates. Going to CoinFacts and comparing the two issues, it looks to me like the second '6' in the date of the 1866-S is lower than the first '6', and that this is not true for the Philadelphia dime. Is there something else you are looking for -- what is the slant Rec78 refers to. Always enjoy learning (and so much to learn!). >>
The genuine 1866 Seated dime has a date that goes uphill left to right. The 1866-S dime with a weak "S" has a date that goes downhill left to right. The "S" is almost completely gone, so it is easy to mistake for an 1866 Philly. Probably about 20 years ago, I ordered an 1866 dime in VG from a major dealer and it turned out to be an 1866-S with weak "S". The dealer agreed with me and provided a full refund. Since then, for every genuine 1866 Philly dime I have seen offered, I have also seen an 1866-S with weak "S" offered as an 1866 Philly. That is one of the reasons I created the thread.
An authorized PCGS dealer, and a contributor to the Red Book.
I told him there was actually a very weak 'S' mintmark on the coin, but he didn't think so.
"“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)
"I only golf on days that end in 'Y'" (DE59)
This is the one that really fools people.
Buyer should get his money back, I doubt the seller even would know it was an S.
Buying top quality Seated Dimes in Gem BU and Proof.
Buying great coins - monster eye appeal only.