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This Steel Cent may go cheap tonight!

illini420illini420 Posts: 11,466 ✭✭✭✭✭
in U.S. Coin Forum
Tonight on Teletrade... only starting at $12 + the BP...

PCGS MS66 Steel Cent

image

image

seriously though, why would the auction house even list something looking like that for sale. wow.

looks like a good candidate to be sent back to PCGS under the guarantee.

Michael Kittle Rare Coins --- 1908-S Indian Head Cent Grading Set --- No. 1 1909 Mint Set --- Kittlecoins on Facebook --- Long Beach Table 448

Comments

  • PerryHallPerryHall Posts: 46,824 ✭✭✭✭✭
    Would it pay to buy it cheap and then send it in for a grade review? Not sure what these are worth in MS66.

    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

  • illini420illini420 Posts: 11,466 ✭✭✭✭✭


    << <i>Would it pay to buy it cheap and then send it in for a grade review? Not sure what these are worth in MS66. >>




    An average example is worth roughly $50. I'm not suggesting that someone buy it to make a few bucks under the guarantee. I'm suggesting when something like this comes in to Teletrade, they shouldn't even be listing it and they should encourage the owner to send it in under the guarantee.

    Michael Kittle Rare Coins --- 1908-S Indian Head Cent Grading Set --- No. 1 1909 Mint Set --- Kittlecoins on Facebook --- Long Beach Table 448

  • BryceMBryceM Posts: 11,854 ✭✭✭✭✭
    Might be a good pickup for people who buy labels. Still, the PCGS Price Guide lists it at only $44.
  • derrybderryb Posts: 37,630 ✭✭✭✭✭
    Rust never sleeps

    Price guide $44

    No Way Out: Stimulus and Money Printing Are the Only Path Left

  • mingotmingot Posts: 1,807 ✭✭✭


    << <i>Would it pay to buy it cheap and then send it in for a grade review? Not sure what these are worth in MS66. >>



    TT sold one last month for 32 bucks.

    12 (opening bid) + 8 (juice) + Shipping from TT + Shipping to PCGS isn't going to leave a whole lot of room.

    Sell me a coin or three!
  • EXOJUNKIEEXOJUNKIE Posts: 1,624 ✭✭✭✭✭


    << <i>

    << <i>Would it pay to buy it cheap and then send it in for a grade review? Not sure what these are worth in MS66. >>



    I'm suggesting when something like this comes in to Teletrade, they shouldn't even be listing it and they should encourage the owner to send it in under the guarantee. >>



    image

    Unfortunately, coins like this perpetuate the belief that TT is a bottom-feeder.
    I'm addicted to exonumia ... it is numismatic crack!

    ANA LM

    USAF Retired — 34 years of active military service! 🇺🇸
  • illini420illini420 Posts: 11,466 ✭✭✭✭✭
    This one should also serve as a warning to those who think you can buy certified coins sight-unseen image

    Michael Kittle Rare Coins --- 1908-S Indian Head Cent Grading Set --- No. 1 1909 Mint Set --- Kittlecoins on Facebook --- Long Beach Table 448

  • airplanenutairplanenut Posts: 22,382 ✭✭✭✭✭


    << <i>This one should also serve as a warning to those who think you can buy certified coins sight-unseen image >>

    Yeah, some coins are meant to remain unseen.
    JK Coin Photography - eBay Consignments | High Quality Photos | LOW Prices | 20% of Consignment Proceeds Go to Pancreatic Cancer Research
  • Tdec1000Tdec1000 Posts: 3,852 ✭✭✭
    They bought three 67 examples back from me that looked just like that. They stand behind their guarantee!
    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!

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  • CEOcoinshopcomCEOcoinshopcom Posts: 350 ✭
    Yikes
    Fugly is being nice.
    I'm Just Sayin"


    http://www.coinshop.com
  • LindeDadLindeDad Posts: 18,766 ✭✭✭✭✭
    Simple fact is there are in house PCGS graders at Teletrade this kind of sloppy handling could and should be taken care of without us seeing it. Simply put Teletrade customer service on something like this falling g down. By customer in this case I mean the consignee.
    image
    My Current project....https://www.pcgs.com/setregistry/mysetregistry/album/160794
  • MoldnutMoldnut Posts: 3,113 ✭✭✭✭
    Is there any chance this is something between the coin and the slab? Who in the heck would take a picture of this and place it in an auction if this is on the coin? The guy should be looking for another jobimage
    Derek

    EAC 6024
  • SaorAlbaSaorAlba Posts: 7,593 ✭✭✭✭✭
    I have found much nicer '43-Ss in roll searches.
    Tir nam beann, nan gleann, s'nan gaisgeach ~ Saorstat Albanaich a nis!
  • morgansforevermorgansforever Posts: 8,475 ✭✭✭✭✭
    <<Is there any chance this is something between the coin and the slab? Who in the heck would take a picture of this and place it in an auction if this is on the coin? The guy should be looking for another job>>

    My thoughts exactly. Steel cents are very susceptible to environmental factors.
    I have a full roll of Gems, mixed MM's so far all is good.
    This is corrosion of sorts correct?
    World coins FSHO Hundreds of successful BST transactions U.S. coins FSHO
  • goldengolden Posts: 9,994 ✭✭✭✭✭


    << <i>This one should also serve as a warning to those who think you can buy certified coins sight-unseen image >>

    image
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,574 ✭✭✭✭✭
    It's steel, but still not a steal.

    ``https://ebay.us/m/KxolR5

  • renomedphysrenomedphys Posts: 3,819 ✭✭✭✭✭
    Looks PL

    Empty Nest Collection

  • BustHalfBrianBustHalfBrian Posts: 4,191 ✭✭✭✭
    yuck! image

    I'm surprised it graded cleanly, and with a "superb gem" grade nonetheless.
    Lurking and learning since 2010. Full-time professional numismatist based in SoCal.

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