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It's Halloween, and this auction really scares me.

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It scares me because of the "too good to be true" factor.
I remember seeing some truly incredible coins at the Money Museum in Richmond, VA years ago, and they had a 1486 "guldiner" of this design. It was absolutely stunning. Though a rare and valuable coin, it was not even close to being the most valuable in the museum, and yet it's the one that stuck with me the most.
This piece here is frightening because I don't see any obvious red flags. It looks like a circulated silver coin should, to me. I've got the Levinson Early Dated Coins of Europe book at home, and a Davenport Large Silver Coins. I think those list this.
The seller isn't Chinese, but for all I know, the coin could be. And his feedback rating is 2... with zero sales, and two purchases, one of which was a cologne gift set endorsed by a rap musician. That right there is enough to scare me off, even without his self-declared $477.77 reserve (which would be a steal if the coin were genuine).
Nope, don't worry- I ain't bidding. It's just too scary. But this is one of those auctions that just makes me go "hmmm."
Who can point out the red flags I haven't mentioned?
PS- oh, yeah... "Returns not accepted", too.
It scares me because of the "too good to be true" factor.
I remember seeing some truly incredible coins at the Money Museum in Richmond, VA years ago, and they had a 1486 "guldiner" of this design. It was absolutely stunning. Though a rare and valuable coin, it was not even close to being the most valuable in the museum, and yet it's the one that stuck with me the most.
This piece here is frightening because I don't see any obvious red flags. It looks like a circulated silver coin should, to me. I've got the Levinson Early Dated Coins of Europe book at home, and a Davenport Large Silver Coins. I think those list this.
The seller isn't Chinese, but for all I know, the coin could be. And his feedback rating is 2... with zero sales, and two purchases, one of which was a cologne gift set endorsed by a rap musician. That right there is enough to scare me off, even without his self-declared $477.77 reserve (which would be a steal if the coin were genuine).
Nope, don't worry- I ain't bidding. It's just too scary. But this is one of those auctions that just makes me go "hmmm."
Who can point out the red flags I haven't mentioned?
PS- oh, yeah... "Returns not accepted", too.
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Here is one from a WAG auction in Sept (which sold for $50k):
In other words, coins I could never hope to afford.
Yep. That auction really frightens me, and yet it's oddly compelling, in a "what if" sorta way. Knowhutimean?
But it's like the fake 1804 dollars that some bidiots will still take a $500 gamble on. Sheesh. Really, now, people. Do you really think you're gonna get a multimillion-dollar coin for 500 bucks?
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<< <i>But he says "L@@k" so it MUST be authentic.
Did seem strange that he put WoW L@@K after the Picture and description
Looks nice and round to me.
FOR SALE Items
Here's the restrike for comparison. Link
https://www.civitasgalleries.com
New coins listed monthly!
Josh Moran
CIVITAS Galleries, Ltd.
Seller has a "2" FB, won't allow returns and is selling a very rare coin for a pittance.
What could possibly go wrong?
It would be highly unlikely that the only really heavy wear on the coin would be in exactly the spot where the restrike date was.
<< <i>It's one of the 1953 restrikes that's been worn down and had the restrike date smoothed off.
Here's the restrike for comparison. Link >>
Well , thats that put to bed then , excellent post CIVITAS
I'd 'L@@K' the other way.
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<< <i>It's one of the 1953 restrikes that's been worn down and had the restrike date smoothed off.
Here's the restrike for comparison. Link >>
Nice catch, Josh.
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