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Took a chance on eBay on a small lot with bad pics

I was looking through some random buffalo nickel lots on eBay last week and came across the following description and pictures:

"I AM NOT A COIN COLLECTOR SO I REALLY DON'T KNOW HOW TO GRADE THEM. YOU GET ONE 1918S, ONE 1929P, 1927P, 1936D, 1936P, AND TWO NICKELS THAT THE DATES ARE WORE OFF.
imageimage

The opening bid was $5. Shipping $3. The auction was ending in a couple hours and no one had bid yet. I sent the seller a question asking if the 18-S was the dark coin. He responded, "No. The dark coin is one of the dateless ones."

Hmmm. Now I thought I might have a winner. If the 18-S grades at least G-4, then it would be worth my $8 investment. So, I sniped the coins for $8 and waited patiently to see if my "lottery" purchase paid off. Today the coins came in the mail. All of them were G-4 or worse except...












image

Needless to say, I am happy with my $8 purchase! imageimageimage

Comments

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    ConnecticoinConnecticoin Posts: 13,272 ✭✭✭✭✭
    Nice score! image
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    lkrarecoinslkrarecoins Posts: 2,137 ✭✭✭
    Holy Crapola! Nice pickup...That's what makes this hobby so fun....The thrill of the hunt

    BTW, you Suck image
    In Loving Memory of my Dad......My best friend, My inspiration, and My Coin Collecting Partner

    "La Vostra Nonna Ha Faccia Del Fungo"
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    How much is it worth now?
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    silverpopsilverpop Posts: 6,932 ✭✭✭✭✭
    Nice 1918s peteimage

    don't count your chickens before they're hatched

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    << <i>How much is it worth now? >>



    Depends on how you grade it. In VG around $25. Fine $40. The Obverse is nicer than Fine. The Reverse is a little better than half horn so I would say VG+ there. Either way it's a tough coin with low mintage. image

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    Modern crappola!!


    Nice though!!image
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    << <i>Modern crappola!!


    Nice though!!image >>



    Man! How old do you have to be to consider a 1918 coin to be "modern"? image
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    ZoinsZoins Posts: 34,456 ✭✭✭✭✭


    << <i>

    << <i>Modern crappola!!


    Nice though!!image >>



    Man! How old do you have to be to consider a 1918 coin to be "modern"? image >>

    Lol. Lots of people consider 1909 Lincolns modern!

    Nice score!
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    Nice pickup!
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    LanLordLanLord Posts: 11,754 ✭✭✭✭✭


    << <i>Nice pickup! >>

    He bought a truck too?
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    WinPitcherWinPitcher Posts: 27,726 ✭✭✭
    Very nice indeed!

    Pete, I think you are being a tad conservative in your grading. IMO that coin appears to be VF...........NO? or at the least F overall.

    Wish i saw that auction.


    Steve

    Good for you.
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    << <i>Very nice indeed!

    Pete, I think you are being a tad conservative in your grading. IMO that coin appears to be VF...........NO? or at the least F overall.

    Wish i saw that auction.


    Steve >>



    It could be. I tend to focus a little too much on the horn. All the letters are clear and well struck. It looks better than the one I currently have in my Dansco album. image
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    << <i>All the letters are clear and well struck. >>




    Baloney! "IN GOD WE TRUST" is rubbed completely off that buff.


    AG3 at best. image
    GO AHEAD! I DOUBLE-DOG DARE YOU TO RATE ME A 1!
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    lordmarcovanlordmarcovan Posts: 45,020 ✭✭✭✭✭
    imageimage

    Collector since 1976. On the CU forums here since 2001.

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    mr1931Smr1931S Posts: 7,000 ✭✭✭✭✭
    You beat the odds. Call it very fine.image

    The measure of intelligence is the ability to change.
    Albert Einstein (14 March 1879--18 April 1955)

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    RussRuss Posts: 48,514 ✭✭✭
    Sorry, Dan, but this cannot be true. I've read repeatedly on this forum that you should never buy raw coins on eBay because if it's not in plastic, it must be crap.

    Russ, NCNE
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    etexmikeetexmike Posts: 6,852 ✭✭✭
    Nice $8 investment.

    -------------

    etexmike
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    ziggy29ziggy29 Posts: 18,669 ✭✭✭


    << <i>Sorry, Dan, but this cannot be true. I've read repeatedly on this forum that you should never buy raw coins on eBay because if it's not in plastic, it must be crap. >>

    image

    The reality is that it's about taking calculated risks. I see no problem with risking $20-50 for something that looks like it could well be worth much more...as long as you know the coin market pretty well when you take those risks. Sometimes you'll be burned, but the downside is very limited whereas the upside is less limited and for those who know what they're doing, the occasional home run will overcome a few strikeouts.

    Of course, buying a raw 1862 Trade Dollar from a seller in China is not included.
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    << <i>Sorry, Dan, but this cannot be true. I've read repeatedly on this forum that you should never buy raw coins on eBay because if it's not in plastic, it must be crap.

    Russ, NCNE >>



    I could very well have said that! When I got started, I bought many raw "MS65's" that turned out to be AU's. image

    I would have passed on this one if the seller had said the 18-S was the dark coin (which is obviously corroded.)
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    NumisOxideNumisOxide Posts: 11,036 ✭✭✭✭✭
    Nice score.
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    nankrautnankraut Posts: 4,565 ✭✭✭
    Congratulations on a nice find. I don't know whether I'm authorized to issue an official "you suck" award, but here it is anyway:

    You Suck!image
    I'm the Proud recipient of a genuine "you suck" award dated 1/24/05. I was accepted into the "Circle of Trust" on 3/9/09.
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    RussRuss Posts: 48,514 ✭✭✭
    This doesn't qualify for a you suck. It would need to be a 1918/7-D.

    image

    Russ, NCNE
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    ziggy29ziggy29 Posts: 18,669 ✭✭✭


    << <i>This doesn't qualify for a you suck. It would need to be a 1918/7-D. >>

    I don't know. In terms of ratio of value to price paid, I think it at least qualifies for a "you suck" with no capitals and no punctuation! image
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    WaterSportWaterSport Posts: 7,034 ✭✭✭✭✭
    I think its great you gambled! I do and lose, BUT not everytime! Way to go!

    WS
    Proud recipient of the coveted PCGS Forum "You Suck" Award Thursday July 19, 2007 11:33 PM and December 30th, 2011 at 8:50 PM.
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    << <i>This doesn't qualify for a you suck. It would need to be a 1918/7-D.

    image

    Russ, NCNE >>



    Man! That's setting the bar a little high, doncha think? image
    I actually agree it doesn't quite meet the established "you suck" standard, though. image
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    WinPitcherWinPitcher Posts: 27,726 ✭✭✭
    I'll give you 16.00 for the lot.

    image

    Steve
    Good for you.
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    RussRuss Posts: 48,514 ✭✭✭


    << <i><< This doesn't qualify for a you suck. It would need to be a 1918/7-D. >>

    I don't know. In terms of ratio of value to price paid, I think it at least qualifies for a "you suck" with no capitals and no punctuation! >>



    We could implement a new category called You Suck Lite™ as opposed to YOU SUCK!!!™.

    Russ, NCNE
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    Nice snag. I do believe ebay has some good deals even these days. I guess this is proof...
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    WTG. Nice score... looks like at least someone did good on ebay!
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    goose3goose3 Posts: 11,471 ✭✭✭
    I wasn't aware Dan actually collected coins.image
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    STONESTONE Posts: 15,275
    The overdate would have been a lot better, but can't complain overall, you got a great deal.
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    OmegaOmega Posts: 1,587 ✭✭✭
    Ahhhhhh Success!
    Nice score.
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    RickMilauskasRickMilauskas Posts: 1,985 ✭✭✭
    Definitely a cool find!!
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    ...but im confused,there is nothing but crap and evil sellers on ebay...
    LOL nice score image the folks that bemoan Ebay and the ones who are afraid to visit should take a second look now and again, they would be surprised at what they would find sometimes.
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    rec78rec78 Posts: 5,930 ✭✭✭✭✭
    Good gamble. Aren't all coin collectors gamblers? At least in a small way? Very nice. Bob
    image
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    garsmithgarsmith Posts: 5,894 ✭✭
    image
    <<Needless to say, I am happy with my $8 purchase!imageimageimage>>



    YOU SUCK!
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    mr1931Smr1931S Posts: 7,000 ✭✭✭✭✭
    Yep. Your '18 S is easily a $50 coin.image If you try to sell...ask $90...know what I mean...

    The measure of intelligence is the ability to change.
    Albert Einstein (14 March 1879--18 April 1955)

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