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What do sellers hope to achieve by AT'ing blatant problem coins
goldrealmoney79
Posts: 417 ✭✭✭
Case in point this turd ugly stained 1879 CC with clear damage to the left field on the observe.
IMO the actual value of the coin has dropped from the AT job. Freaking ridiculous how they prey on the uninformed to sell this garbage.
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He hopes to achieve $895
@basetsb_coins on Instagram
No mystery. People do sometimes buy pigs wearing lipstick.
Dude even juices the truviews. What a joke!
$$$
In honor of the memory of Cpl. Michael E. Thompson
Profit.... In a word, that is his objective. And they often achieve it, because of the tarnish craze. Cheers, RickO
I was looking at a lowly 1961 proof Lincoln cent today for some color.
At least 30 examples from the same dealer.
Disgusting. Remembered why I swore off toners.
BST: KindaNewish (3/21/21), WQuarterFreddie (3/30/21), Meltdown (4/6/21), DBSTrader2 (5/5/21) AKA- unclemonkey on Blow Out
For them it pays better than buying lottery tickets or the dead end no hope low paying job they have if any.
The other thing I think is greed on part of buyers they will rip some raw super looking toner get graded and sell it for moon money.
The toner craze thing (tarnished coins) reminds me of 1964 when people were paying $1000 a roll for 1950-D nickels. I remember as a teen selling a coin shop 13 1969-s proof sets for $18 each there in 1969 I had $5 in the buyer was convinced they were going up. My first major coin deal. I used that money buy my first gold coin a gem BU super luster 1907 Saint for $83 which I picked out of the guys binder of gold coins in 2x2 at another shop which probably somewhere is in a 66 or 67 holder. A coin fad has its day in the sun then flames out into oblivion. What’s a fad today that you think might flame out? Better churn that investment or you could be left holding the bag.
Want a nasty silver dollar for big money, ebay is where to start your search.
Whoever is careless with the truth in small matters cannot be trusted with important matters.
Money.
Also - Probably the AT hobbyist too embarrassed have it in his case at a show but using bay as dumping ground / experimental project site.
A lot of them have shifted to coins cheaper material typically sold raw so as not to generate questions why not slabbed but certainly at high markup.
No longer available. Has it ben sold?
Agreed money seems to be the big driver.
@Cougar1978
I love hearing stories of the old days. and appreciate analogies you put in there. I am not usre what is a fad currently, it seems like coin collecting has dropped off since I was last collecting around 09-12. Bullion was driving interest that time around.
Here’s another person who likes to abuse Peace Dollars, amongst other types of coins
https://www.ebay.com/itm/UNITED-STATES-1922-D-PEACE-DOLLAR-DENVER-MINT-SILVER-COLOR-TONED-/203228756993?_trksid=p2349624.m46890.l49292
Mr_Spud
I actually think a portion of it is novice/ uneducated buyers looking to get into the toned market on the relative cheap and sellers targeting that audience.
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......
Pig + Lipstick (or clown paint) = Obscene Profit™
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
Big bucks!