1893-S $1 MS? or cleaned?

Max · April 14, 2003 12:09PM

1893-s $1

Cleaned?

This auction is just a bit too "cute".

MadMarty · April 14, 2003 12:11PM

Must be, if it was cracked out of a slab there had to be a problem with it. Maybe NET graded at ANACS!

FC57Coins · April 14, 2003 12:13PM

I agree with Marty - looks like it might've been cleaned or whizzed. Even at that - it's still a pretty coin - whoever cracked it out though wasn't willing to take his lumps with the grade, so I'd be weary!

dragon · April 14, 2003 12:17PM

cleaned and retoned

coinlieutenant · April 14, 2003 1:01PM

Most certainly not MS. Where's the luster????????????????

K6AZ · April 14, 2003 1:51PM

Lemme see.. it was in a MS slab. He won't tell us which one and what the grade was. He sent it to another company, he won't tell us what they graded it and it is back as a raw coin. All sales final, no returns, what you see in the crappy ipix scans is what you get. I smell a rat.

islemangu · April 14, 2003 2:17PM

Paying that type money on raw, on-line. That takes some guts. There is probably a thousand jewelry shops in china that could stick a real looking little S on that sucker. Wait maybe not... is a 93-P a good date too, where is my red book? For my non-expert eye from now on PCGS/NGC only values over $200, under $200 circulated them plus ANACS.
I live in asia and with virtually everything here, if it can be counterfieted it will be conterfieted. excuse the spelling.

My ebay auction(s)

ER · April 14, 2003 3:05PM

I don't smell a rat.
I SEE a rat!

K6AZ · April 14, 2003 3:41PM

<< <i>I don't smell a rat.
I SEE a rat! >>

Yeah, you get the idea!

dorkkarl · April 14, 2003 8:21PM

it's been erasered

K S

Steve27 · April 14, 2003 8:39PM

"1893-S $1 MS? or cleaned?"

IMO neither, coin was probably graded MS by second tier grading service, cracked-out, and re-submitted to a first tier service where it graded AU-58. In the crack-out game, sometimes you win sometimes you lose. (From the scans there is no indication that the coin has been cleaned.)

MadMarty · April 14, 2003 8:59PM

Still, IMHO If I'm going to plunk down that kind of money on a coin, I want a return policy! Pay 20 grand to find out it's an altered or tooled coin the was in an AGC holder and got bodybagged by PCGS or NGC. No thank you!!

FC57Coins · April 14, 2003 9:30PM

<< <i>IMO neither, coin was probably graded MS by second tier grading service, cracked-out, and re-submitted to a first tier service where it graded AU-58. In the crack-out game, sometimes you win sometimes you lose. (From the scans there is no indication that the coin has been cleaned.) >>

This coin in AU58 would be quite a respectable addition to any collection and extremely expensive. The seller is asking AU money, which obviously means there was something wrong with the coin that didn't quite make it up to that grade in a second tier slab, hence it's going raw - through ebay. Let's face it - if you had an MS 93S that was worth something - wouldn't you try to auction it through one of the more respectable houses?

BillJones · April 14, 2003 9:37PM

By the looks of the coin, I'd say that there is a good chance that this coin could be a "no grade" or body bag piece. The luster is not there and the coin looks like it's surfaces have altered. It's interesting that this guy won't say WHAT brand of slab once contained this coin. I think it was one of the "brand X" conpanies.

BTW I have bought and sold a couple of very nice 1893-S dollars in AU condition (I think they were REAL AU-53 and 55) for somewhere in the $12 to $14 thousand area. $20 thousand is pretty high unless the coin is an AU-58 or so.

Dog97 · April 14, 2003 10:51PM

The brown stains around stars L-1, 2, & 3 and on the face & in the fields in front of the face makes me think it has been chemically cleaned; if it's not a problem coin then why the secrecy in the auction description?
So the often asked question; why isn't it in a slab?
Unless you are a Morgan expert and can attribute the diagnostics of a genuine coin you are a fool to buy such a frequently altered & counterfieted key coin raw, especially over the internet with no return policy.
Actually you don't even have to be an "expert" to attribute a 93-S because there are 2 no-brainer diagnostics that even a blind man can see in even the lowest circulated grade; that being the rabbit ears die chip in the R and the line through the T in LIBERTY. Only 1 set of dies struck the entire 93-S mintage so the diagnostics are the same for all coins.

dragon · April 14, 2003 11:30PM

Actually, now that I think of it, this coin looks a lot like the 93-S that was on Ebay several months back in a SEGS holder marked --MS61 cleaned & retoned--

Steve27, I think the problems with this coin would be more readily visible if you saw it in person.

dragon

jonesy · April 14, 2003 11:31PM

Whenever I see an auction like this one, With the seller evading on the grade; there's only one reaction. Cover your behind and run!!

Glenn

1893-S $1 MS? or cleaned?

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