Interesting Ebay Auction PCGS holder in fire.
Peace_dollar88
Posts: 1,228 ✭✭✭✭✭
https://rover.ebay.com/rover/0/0/0?mpre=https://www.ebay.com/ulk/itm/253860580034
Browsing ebay I came across this auction. Pretty interesting.
1
Comments
returns cost you shipping plus 20% of sale price......heck of a deal
That coin has been on my watch list for over a week now.
I was considering posting it but was planning on bidding on it.
The price is above where I would buy it so I do not mind that it is posted here.
I generally do not like when a live coin on my watchlist gets posted on a coin forum.
Is that a smores? Peace Roy
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Expensive error... not even discounted for the ruined slab....Cheers, RickO
What? You know your statement makes zero sense.
It is an auction, so the damage is priced in.
Most people I know buy the coin and not the holder.
PCGS reholder fee will be a fraction of the auction results.
@ErrorsOnCoins ....You are correct, sorry, misstatement on my part...thanks for pointing that out. Cheers, RickO
Ricko is a class act, thanks
Interesting error.
My YouTube Channel
Strange auction gave some story came from a wealthy family and also shows a car with fire damage whete coin came from?
Also 20% restocking Fee if returned? Also the label make out numbers should that be where the barcode should be? Can the seller get away with restocking fee or is that just wishfull thinjking.
This is a classic example of why a bidder should wait till the last seconds to bid as the 40+ bidder is running up the price of 1000+ bidder .
That is a fake label? Looked pcgs holders and all have a barcode at the bottom of label and this one has numbers?
No. The label is legit. The first PCGS blue holders had no barcode on the front and simply had numbers. This coin was slabbed somewhere from late 1998 through early 2001.
In honor of the memory of Cpl. Michael E. Thompson
nevermind
I find this sketchy. Why wouldn't you have it reholdered before offering it for sale?
Why? Look at what it's bid up to. Looks like a brilliant move to me.
To be clear, I see nothing that allows me to say that there is anything definitively wrong with the coin or the slab (other than the fire damage); however, it is not unheard of for unscrupulous sellers to intentionally damage slabs to hide problems. Usually it is to obscure flaws on the coin, but I could see someone potentially doing this with a counterfeit slab to make it harder to detect.
Even if the coin and slab are 100% legitimate, it is a major problem from a buyer's perspective, and I am surprised that there are so many bids. The certification number is obscured, cannot be verified, and may not ever be visible even when cracked by PCGS meaning that it is effectively raw - there is no guarantee. Even if you could trace it back to its original number, potential fire damage would have likely invalidated any guarantee anyway. The photos are poor. There is simply too much risk for apparently little to no apparent reward. If the seller is too cheap to have it re-holdered (if even possible) or re-certified, then I would pass.
there is really something wrong with that pic/story. When the slab gets above 150 degrees, the insert melts and an air pocket(s) is (are) formed near the coin.
The quarter has the reverse of '65
I wouldn't touch that auction with your money.
I also do not see any bar codes anywhere - link to similar slab sold at HA
https://coins.ha.com/itm/errors/19-25c-washington-quarter-struck-on-a-silver-10c-planchet-ms63-pcgs/a/1206-10426.s?ic4=GalleryView-Thumbnail-071515
OMG !!!
I think the last three digits are the most important. They look visible. Looks like ...321. Should be findable. How many of that particular error could there be? Peace Roy
BST: endeavor1967, synchr, kliao, Outhaul, Donttellthewife, U1Chicago, ajaan, mCarney1173, SurfinHi, MWallace, Sandman70gt, mustanggt, Pittstate03, Lazybones, Walkerguy21D, coinandcurrency242 , thebigeng, Collectorcoins, JimTyler, USMarine6, Elkevvo, Coll3ctor, Yorkshireman, CUKevin, ranshdow, CoinHunter4, bennybravo, Centsearcher, braddick, Windycity, ZoidMeister, mirabela, JJM, RichURich, Bullsitter, jmski52, LukeMarshall, coinsarefun, MichaelDixon, NickPatton, ProfLiz, Twobitcollector,Jesbroken oih82w8, DCW
Looks more like how blowtorch damage would look, with care to avoid the coin area, but hit the label real good. And half the photos are really bad photos of van, like that actually matters.
The seller seems unable to string together words that form a cohesive sentence. However their opinion is:
“Beautiful coin I High Grade.. I'm not sure but this coin looks really beautiful...”
My takeaway, is that the coin is Beautiful. And was the pride of grandpa’s collection, before he and his teen girlfriend were lost in the van fire.
Unfortunately, young Marybeth’s body was so overheated that it apparently disappeared.
And now, someone claiming to be his fourth wife is going after his $5,000 life insurance policy.
Soon to be a true crime TV episode.
The coin, as an error, looks genuine.
It's a bit surprising that it's bid over $1K now.
I have them for sale, PCGS MS-63, at $450,
and I sold one at LB two weeks ago for $400.
"Fire Sale" seems to have worked in this instance.
Maybe people think they are getting the van also
My Ebay Store
description has chinese accent. No thanks.
No Way Out: Stimulus and Money Printing Are the Only Path Left
Agree it is overpriced. Several months ago an NGC MS64 was auctioned on eBay and brought $528.
Time to move stuff I need to sell to the Crème Brûlée Collection.
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
I am going to burn all of my slabs and sell them at double sheet value!
This has been sticking in my mind. How odd that burn pattern and I guess the fire department put out the fire at exactly the right time.
And the fire was such that no heat was generated near the coin, yet it destroyed a van.
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
can we say fishing for suckers? unlucky you will find sellers who will do this and get away with some BS story
as for the coin i'll pass
1942-S US toned Silver dime NGC MS66 for sale at link below
https://photos.google.com/album/AF1QipMx0x0MY9_dYEwK5mIFUuhp4mScp9LT-jakrKwE
Or the person turned off the propane torch.
The burn pattern is extremely suspicious. I wonder if there is a notation on the label such as "CLEANED" that the seller is trying to hide.
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
Lol now seen it all. This guy working an angle get bids or never heard of sending in for reholder?
If your bidding on it get rip then reholder do a cert verify if possible c what really is otherwise pass.
These guys have all kinda dirty tricks - beware.