What is happening to our hobby?
Zoins
Posts: 34,116 ✭✭✭✭✭
1879 Trade Dollar
1874-CC Trade Dollar
1869 Seated Half Dollar
1
Zoins
Posts: 34,116 ✭✭✭✭✭
Comments
The entire store is full of gemmy stuff.
https://www.ebay.com/sch/silverseller14/m.html?item=122922041449&rmvSB=true&ul_noapp=true&ul_ref=https%3A%2F%2Frover.ebay.com%2Frover%2F1%2F711-53200-19255-0%2F1%3Ftoolid%3D20001%26campid%3D5338203720%26customid%3Dlink%26mpre%3Dhttps%253A%252F%252Fwww.ebay.com%252Fitm%252F1869-Seated-Liberty-Silver-Half-Dollar-Tough-Later-Date-CHOICE-BU-Monster%252F122922041449%26srcrot%3D711-53200-19255-0%26rvr_id%3D1421939309613&rt=nc&_trksid=p2047675.l2562
Color brings money. Unfortunately, some people don't care who they screw over.
Later, Paul.
Human nature doesn't change.
Simply some folks attempting to fleece the uninformed.
Nothing new.
So misrepresented coins is a new thing?
Seeing these colors on Trade Dollars and Seated coins is new to me.
I can almost guarantee those are cleaned and retoned in some chemical lab by mister Kaleb himself.
Wow but this awesome AU bustie!
https://rover.ebay.com/rover/0/0/0?mpre=https://www.ebay.com/ulk/itm/122927127353
Greed never goes out of style I'm afraid. Trimming and retouching goes on in the sportscard hobby. Where's there's money to be made fraud of some sort will follow
mark
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
Demand and supply
I would call it the color movement.
The 79 Trade has 23 bids, strong bids so maybe they gonna strip it back to blast white and resell?
"Keep your malarkey filter in good operating order" -Walter Breen
Not new, just easier to show & share today
BHNC #203
Rackets and racketeers , like markets and marketeers are as old as the devil himself.
As long as the quest for color brings premiums, the artificially induced tarnish products will continue to be manufactured. Too bad the hobby is moving beyond the appreciation of the coins and embracing environmental damage.
Cheers, RickO
Over my 60+ years of collecting I've been taken by some B&M dealers and dealers who set up at shows, simply out of ignorance. These same types are now on eBay, which is even better for them as they can stay fairly anonymous. As said above, nothing new, although these same jerks are now, additionally, using "color" to trap the unwary. Credit eBay for not allowing numeric grades except for the top tier TPGs. I'm unsure if eBay needs to go farther than they have to protect consumers. On one hand people need to take reasonable steps to protect themselves, on the other there are genuinely challenged people who are taken advantage of.
http://toolhaus.org/cgi-bin/negs?User=silverseller14&ref=neg30
The demand for "neon color" coins has created this. It's one of the reasons why I have little to do with that market and won't pay any substantial pemiums for color. It's all to easy to apply it, and it usually ruins the coin.
I generally agree with this philosophy as it applies to all things; however, the first time I was ripped off it was by an established B&M dealer in the SF Bay Area who sold me a "proof" 2c piece which turned out to be a polished AU. I was 11 or 12 at the time and used the money saved from my paper route to buy it. Lesson learned.
Over my 60+ years of collecting I've been taken by some B&M dealers and dealers who set up at shows, simply out of ignorance. These same types are now on eBay
The late John J. Ford, Jr. was quoted as saying that he would walk the typical bourse floor in the 1950's and two-thirds of the offered 1916-D Mercury Dimes he saw were counterfeit or altered coins. So, yes, you're right - the scum have just migrated to FleaBay.
Member ANA, SPMC, SCNA, FUN, CONECA
This is the..,.other...."pull away" toning.
You have to pull away from coins like those.
What has happened to our hobby? Easy...eBay. Got a scam? Run it on eBay.
I can imagine, like most people, they love showing off their coins. I also suspect they have been told a time or two their coins look AT and that they will have a problem recouping their money when they sell. Given those facts, what does this entail? Since there's a sucker born every second, it's very likely they won't have a problem recouping their money when they sell.
Leo
The more qualities observed in a coin, the more desirable that coin becomes!
My Jefferson Nickel Collection
Chances are most collectors who buy this stuff end up losing money. They don't have the resources or the opportunities to market these pieces. The money will be made by the unscrupulous dealer who repeats what eBay seller is doing here.
Or what they ruin.
Knowledge is power.
Those coins are sour.
Pete
If you AT/IT a coin why should eBay prevent you from selling it there? To them EVERY coin is MA somewhere to someone.
People love to blame eBay, but I've seen just as many (or more) problem coins, fake coins, and doctored coins in B&M establishments. The percentage is the same, the total number is just higher because the total number of coins on eBay is higher.
95% of $3 gold I've seen at country auctions are fake. 95% of 16-D dimes and S-VDB cents at country auctions are fake. And the advertised grade at such auctions is almost always inflated. I wish I had a nickel for every polished Morgan called BU.
You find the people you trust and you stick to them...whether on the Internet or in person
So wrong as ebay has made the hobby so much better.
This is only one of several things that inhibit growth of the hobby.
I do not blame ebay for this problem; it is just another venue. As previously mentioned, the scammers have always been around. Fake/doctored coins at coin shows? Yup. Fake/doctored/suspect grade coins from certain long ago full page advertisers in the numismatic publications? Ubet. Fake/doctored/suspect grade coins from private sellers and local auctions? Ditto.
It's a different type of "altering" that goes on today.
Some things never change..............they just evolve.
Pete
As long as there are collectors who want to "believe" and take "short cuts" to get in the game there will be people to take advantage of them
m
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
I had the same experience, only my BU 2 cent piece was ordered from a Coin World ad in the early 1970s. I used to attend the Fort Lauderdale Coin Club Meetings when I was a kid. I showed the 2 cent piece to several dealers at a club meeting and they all agreed it was a slider, and not worth what I paid. At the end of the meeting one of those dealers came up to me and told me it was over graded but the price I paid was right and he would give me a five dollar profit on the coin. Looking back I'm pretty sure he felt sorry for me and just bailed me out. Even though there are scumbags in our hobby there are alot of good honest people as well.
I'm with ricko on these. AT fake tarnish and not at all attractive in my opinion.
My YouTube Channel
that seller is a hit or miss I have bought from him several items, have not yet tried to get them holdered
Best place to buy !
Bronze Associate member
I like number 2 Very collectable. What
Best place to buy !
Bronze Associate member
"We sell coins we get from estates." Translation, coin could have been garnered from a shop, show or other venue, but we like to use the word "estates" because it sounds like it came from people who were living large and never heard of a grading service.
everything {nearly] that he sells is junk colored
BHNC #203
That might only mean that he only buys colored junk
You mean like this crack smoker? I made an offer when he was asking $549 but was turned down so he re-listed it when auction ended for over 3-1/2 times original bin price??? Never ceases to amaze me.
Even though there are scumbags in our hobby there are alot of good honest people as well.
Couldn't agree more, that's why I'm still at this. Some of my best friends are or were dealers.
Obviously AT. Feel bad for the newbies getting screwed, as they will likely be turned off forever. Sad.
Dave
Great post. Thanks for sharing that one!
It was a risky business buying coins from those ads in CW and NN during the mid-sixties thru the mid seventies. I got taken a few times, too.
Yea Ron..........so did I.
Pete
The seller in the OP had like a hundred identical listings that kept crowding out my searches, they were trying to get around the rules by putting a "#XX" at the end of each title. Guess they finally had to take them down.
So since we are talking about crooked sellers, how is this guy still around? Can you even call this a picture?
https://www.ebay.com/itm/1921-PEACE-SILVER-DOLLAR-SUPER-AAA-MS-BU-GEM-RARE-HIGH-RELIEF-STRIKE/222807260179?hash=item33e058fc13:g:3j8AAOSwLUpaY-62
Collector, occasional seller
Personally, I believe any toning detracts from the coin and considerably lowers the value.
Why anybody would AT boggles my mind.
Everything is all right!
E Bay, the mint - run Forest!
Was just checking out some old threads and thought I'd save the photos for the 1879 proof trade dollar:
This ended up selling for $1,652.77, which is between AU58+ ($1,550) and PR60 ($1,750) in today's PCGS Price Guide. There were 62 bids from 22 bidders.
"A fool and his money. .."
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