Ebay seller has how many Gobrecht dollars for sale?

The fact that he is selling replica Gobrecht's bring a negative look to this auction, format mistake aside. In this day and age of technology, its real easy to fake a coin such as this. And its just as easy to do his own distressing/circulation to make it look genuine. Personally, if he would have slabbed the coin before listing it, most of the doubt would be pushed aside.

 

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If it smells fishy and it looks fishy, time to eat some fish for dinner and avoid the fishy ebay sale.

 

other than this being an 11000 dollar unslabbed coin in poor condition in a used paper holder, i don't see anything that screams fake on this. sometimes i really doubt that most of the people on this forum really know what they are talking about.

i went to a coin show recently, and many dealers had lots of super expensive unslabbed coins. heck i saw a ms unslabbed 1834 half eagle over the weekend.

anyway, i'd like to hear from someone that acutally knows what they are talking about, instead of just wildly pontificating.

 

@noob76

better to be safe (more cautious) than sorry (too trusting)

 

whether or not we would personally buy it ( i certainly would not) is rather irrelevant to the question of authenticity, which seems to be the original claim here. i've seen nothing with respect to that question.

i wouldn't buy a 1916-d mercury dime unslabbed, but i would expect someone selling me a slabbed one to tell me the difference between the real ones and the fakes.

 

Fact of the matter is that usually it is very difficult to tell whether a coin is real or fake based on amateur camera pictures, which often both don't show all of the coin and can have very poor lighting.

There are several reasons here why one would err on the side of fake with this coin. 1) not graded/slabbed 2) 10+ available 3) suspicious color 4) very expensive coin in cardboard holder. Similarly, some of us here such as me are learning. I'm quite inexperienced at telling real coins from fakes. So of course I could be wrong.

As I said, I would rather us come to a consensus on such a coin's authenticity that errs on the side of caution so that someone here doesn't go and buy it only to find out it is indeed fake.

 

I'm hesitant to buy a $200 coin in a cardboard 2x2. The offering here is simply unacceptable in the year 2012. It looks like there were only 1000 of them made. Usually with coins this old and not intended specifically for collectors, only a small fraction of the original 1000 would be left in existence today. No way this guy has 10 of them, unslabbed. I'm calling it.

OH BTW..... Just a tad bit interesting that he's also offering these, of the same date, with more than 10 available: http://www.ebay.com/itm/1836-Gobrec...53?pt=Coins_US_Individual&hash=item53d83b47e5

FWIW, these replicas from China will NOT come with the stamp in his pic unless you specifically ask them to.

He's selling some legit stuff but trying to scam somebody on the side. Unfortunately, not uncommon these days.

 

He's got a relatively good feedback rating too. I just can't justify selling real stuff and fake copies all under one ebay handle. Apparently he's making good money selling the fakes, he has 18 done.

 

lol Nah. Especially not when some of the fakes are of the supposedly "real", $11k varieties you're trying to peddle in the same ebay store.

 

i'm still not seeing a great deal of evidence with respect to the coin itself.

once again, we seem to be confusing the "would i personally buy it part" and "is it unslabbed" to is it real. the argument seems to me to boil down to "any coin over 5k needs to be unslabbed this day and age to prove its authenticity" personally i can't stand by such logic.

what i see is a seller who has good feedback on a thousand sales as well as one who sells copies that are clearly marked copy. would i buy this coin from him unslabbed? never. even slabbed the thing would be rather overpriced.

but the evidence seems very circumstantial. "he has 10 available" if this were true, that would be a red flag, but again i don't see that.

 

Scammmmmm

 

Have you bought one yet? I hear he throws in a complimentary Yugo in with every purchase.

 

There is no way to verify the authenticity of that coin by his pictures. What indication have you been given that you should trust that this coin is real? Because the seller says so?? If you're willing to give that one the benefit of the doubt, you're really going to be taken over your collecting career.

Please read post #27 if you missed it.

 

nevermind. i thought i was going to get some serious responses.

once, again it seems to boil down to, never buy an ungraded coin on e-bay over x dollars. but, if you say that one cannot determine the authenticity of a coin from pictures, then this whole forum is pretty stupid isn't it?

i'm not asking for a lot, just reasons internal to the coin that prove it is inauthentic. i haven't gotten that yet. circumstantial evidence might give us enough to all shy away from a deal, but when the folks at pcgs get a coin, i doubt they look at circumstantial stuff to make a determination.

i can see it now. pcgs guy "oh you had this coin on ebay unslabbed for 11500, way over what it is worth. and you also sell copies of 1836 dollars. well golly, i don't need to even look at the coin. it MUST be fake."

at least i hope that is not how the professionals operate.

 

Let the ones that say If it's not graded there's something wrong or fake about keep saying that. It just leaves quality raw coins for others that know what to look for at a bit cheaper. There are a lot of $300+ coins that I have broken out of their slabs and will continue to do so. About the only ones I won't break out are my early proofs. As for this coin I see nothing wrong with it except the price is a bit high IMO

 

It is proven that coins in slabs, given a TPGs blessing, sell for more money. The seller has cheaper coins in slabs. Why on Earth would you not have a rare $1 slabbed? Why should the buyer have to take the risk, assuming it is real? To save the seller a few bucks in submitting fees?? It doesnt make good sense. Thats reason enough to walk away.

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I've given you several reasons of why this is likely not real. You cant argue for it either way based on the pics so thats out. If in a slab, we could rely on a third party that had it in hand and approved it. But no. So the pics are worthless.
Only 1k of this type was ever made with likely less than 200 still in existence. The ANA has some of them.

If somebody had the funds to buy one, why would they settle on that one as opposed to another one (if one could be found) that was verified in a slab? You know they would not.

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ok. i see we are at a stalemate. carry on.

 

I haven't seen what your argument is or why exactly you're defending the auction? Lets just pretend for a moment that he wasn't also (blatantly) selling replicas of the same coin he claims is real. After all, the scammers on ebay aren't always that obvious even if you are willing to spend your time doing the detective work.

So lets say he was just selling the 'real' ones. Its not in a slab so now there's odds. Do you have any idea how many fakes are out there? Tons of replicas that are of coins that are worth less than $100. Let alone $11k. There's millions of fakes floating around with more coming in all the time. The new fakes are getting better. These $1 are highly counterfeited. How many good intentioned people have these fakes that think they're real?

I can't commit to the idea that it for sure is 100% fake because as you say, I can't judge it. I'm just trying to get you to look at this objectively. There's odds with this auction since the seller wasn't willing to make any attempt to prove anything to potential buyers. Not only do you have to be comfortable with odds but are the odds even in your favor on this?

It's easy to chit chat about it and try to find the good in your fellow man. It's a whole different situation if you're actually in the market for one and will be the one sending off $11k for something with no third party verification.

 

judging by odds alone, sure it is more likely than not a fake. the same is true for any of the fake 1916-d dimes sitting on ebay or in whitman folders across america.

i have no problem with debating the authenticity of coins, but ultimately, i think we must use our reason and objective facts, as oppossed to our faith. if someone can tell me intrinsic reasons, i'd learn some more about authenticating coins, and we'd all be better equppied as hobbyists.

the issue of fake slabs is becoming a huge problem in coin collecting, mainly because coin collectors, especially the ones on this forum, seem to have put faiths in the slabs themselves as oppossed to their own abilities to seperate the real from the fraudulent.

i came to this forum to learn a bit more about the hobby i've been pursuing for the last year. if the answer is "always buy a slab and leave it to some experts" then it really isn't something i'd be interested in pursuing any further. instead, i'd like to become knowledgable one day myself, in part by learning from those who have knowledge.