wowee Lincoln

[notabot]

I don't have any financial interest in this, but ya just gotta see this 1909 svdb. It approaches the one I had at 13 years old and sold for food. Mine was better in luster and strike

http://cgi.ebay.com/1909-S-VDB-Lincoln-Cent-MS66-RD-Unbelievable-RED-Gem_W0QQitemZ200122458825QQihZ010QQcategoryZ39456QQrdZ1QQcmdZViewItem

[eagames]

That does look great.

When I see raw key coins for sale I always see a red flag, if that is as good as it looks then it should get several times the sale price if it was in a real TPG slab.


But it sure is pretty!

[Gabe]

Yep.. that was also my first throught. Why isn't such an awesome coin inside a slab?

[Rhubarb]

As everyone has stated: It does make you wonder............

[Dick]

Maybe it is just me, but I personally want to view the coin, "face-to-face", and not behind some transparent cover, that, In itself is going to raise the price of the coin. The value is what it actually is worth, ( and in my opinion, NOT slabbed). I don't send coins to be slabbed, period. I don't like being burned!
Dick

[Rhubarb]

Hi Dick,

That is good advice for any newcomer's. I personally would expect it to be graded.

David

[Dick]

Hi David, I definitely would want it graded, by a competent grading service, but I don't see the reason for paying a bunch of money for a plastic case that can, (and have been opened, and the coin changed)!
Dick

[drwstr123]

I bought a 1925 fron him years ago. It was hyped as gem MS65. PCGS graded it AU58. Some his feedback includes comments about 'whizzing' and 'cleaning". Never bought from him again. When he feels he's got a legit coin, he sends to PCGS too. Mike

[wavysteps2003]

A coin of this caliber should be put, as some call it, "behind plastic".

There is a whole gauntlet of "grading companies" out there, some very good, while others are just plain horrible. It is up to the individual which company he picks or chooses to do that grading.

Some questions about this particular auction.

1. If this coin is MS-66 RD, why would the seller not have it encapsulted?

2. Who made the determination that it was at that grade?

3. Why would the seller settle for a bit over $4,000.00 when the coin is worth $16,000.00, a difference of $8,000.00?

Come on people, this auction is full of holes. And to the top ten or so bidders on this auction; they must have money to waste.

In my view, I wouild not have bid this coin, nor will I bid on any high grade key coin UNLESS it is encaqpsulated by one of the BEST grading companies.

In Dick's defense, yes there are some issues with the way companies do grade and since it is subjective, disputes will happen. However, for the best protection, when bidding on line, encapsulation is the only high precentage safe way of insuring that what you are seeing is what you are getting.

BJ Neff

[GarryN]

The pictures look like the real thing. The mint mark has that curious notch at the top. The question is, is the coin being sold the same one in the picture. Or, if it is, has the coin been doctored. Hard to say. I personally would never buy a coin like that raw off the internet. I probably would not buy that coin raw if I held it in my hand.

There are only a handful of people in my little world that could convince me a coin like that was not doctored. But I am just skeptical.

We all know that sometimes coins are sold on the internet because the seller does not want a buyer to examine it closely. Coins that are slabbed might have hairlines, are dipped, scratched, have verdigris, carbon spots or have some other anomaly that would make most buyers walk away. So why would we not expect a raw coin to have the same problems.

we all buy at our own peril when we go into ebay or anywhere else for that matter. The difference is, the reputable dealers that sell in their own websites or on ebay will carefully describe problem areas and let the buyer decide.

The opinions that I express also do not necessarily reflect those of the organizations that B.J. Neff is a member of.

[eagames]

Like BJ said I just can't believe if the coin was as great as described that any seller would be eager to loose $8-12K by selling it raw. It needs to be graded not just so the buyer knows it's real but also to protect the seller. A legit seller is going to want it graded so the buyer won't come back angry that it graded 64RED or got bodybagged for being re-colored or fake! As a buyer paying even 4K is risky, if that coin has a problem it might be a $1K re-colored or problem coin or a $0 struck fake.

Ignore fake holders, if you are the seller of a coin like that and have it graded you know that the coin and holder is real and the grade and est value.

[GarryN]

Great points Ed, not to mention the buyer might return it damaged or in worse condition than it was when the seller shipped it.

[drwstr123]

As the ole Bard said, "Here's the rub". The coin cannot be graded and returned. If it's kept in the original holder it may be returned. If it's sent to a TPG and BB'd, the return is void. Mike

Return Policy:

"There is a seven day return policy (you have seven days to postmark the return package from the day you receive the coin; if no insurance tracking is purchased, it is 10 days from my postmark to your postmark) as long as the holder is never opened. In the event of a return, notify me of your decision by email to give me the heads up. If the holder is ever opened for any reason after being shipped, the coin is considered sold and may not be returned, no exceptions. Always make sure sellers of coins on eBay offer a return policy! " NUMISCENT

[coop]

I think I know that seller. I think he was on Ebay chat when I used to go there, if he is from Illinois. seemed like here was also.

[drwstr123]

PA, Coop.