6th 1913 Liberty Nickel found! Bust out your wallet.

Scary that YOU of all people are suddenly concerned with facts....

Did the fact that counterfeiters MODIFY coins ever occur to you...?

And the biggest fact of all...you have to have the money to pay first before it is sent to you to have a real TPG verify it...

And if you think the coin can be that worn yet the date is so sharp, wow man, you are even further gone than I thought from day one...and less of a numismatist than you prove yourself to not be: with. every. single. post.

 

Log in or Sign up to hide this ad.

The only fact here is that you haven't been able to provide any facts as to why the coin is indisputably a fake.

Did it ever occur to you that this coin may not have been modified by a counterfeiter?

Not true. Not a fact. Not even close to a fact.

The buyer can insist on having the coin inspected before paying. Especially on something of such value. Of course the seller could refuse, but the buyer is under no obligation to then pay. Unless you personally know the seller, you cannot say it is fact that the buyer has to pay before getting the coin authenticated.

First of all, you are basing the wear off of photos. Photos of a coin in a slab no less. If YOU are a numismatist, you would know photos can be very deceiving. Secondly, who knows where this coin has been. If the photos are indeed accurate, it's possible that the way it was stored or handled by its owner (as a collector) gave it a different wear then what is normally found in circulation. With that said, I can't really tell the wear from the photos. So I don't see what you are talking about.

Lastly, I don't believe it is real. All I'm saying is you (or anyone else) on here have proven it is 100% fake.

 

You are really willing to tie up that much capital for this? Really?

 

By your own definitions, it cannot be proven fake from photos. However, just like you think it is fake, I see a little more confirmation in the sharp edge IN THE PHOTO of the date versus the general wear on the coin. So yeah, thats all the proof I need. If it wasnt so sharp, I would agree that it needs more analysis. Arguing that is so silly I just have to cross your name off of the "reliable people to potentially ever buy a coin from" list. You should lone BKOZAK some of the money, because just as he said, "he thinks that INB has a buyback program" in post 102 and is willing to gamble on that. Me, yeah I would need to know that. And even then I dont waste my time on this kind of drek. THE SELLER DOESN'T KNOW WHAT HE HAS?? Riiiight. He had a beater coin slabbed with the shadiest of companies, but he doesnt know what he has, or rather, he doesnt know what he is trying to make people think he has....

Why argue? I dont understand. People have time to just type out these ridiculous arguments, because why?

 

Save yourself the trouble. Go into his post history. Someone will ask a serious question and he will just respond with the craziest answer of "Cat Nipples!!"

 

Maybe that is not much money for him/her.

If it turns out to be real, can you imagine how cool it would be to own one of the 6 known?!! Not to mention you've multiplied your investment by at least ten fold. A 1913 Liberty Nickel is estimated to be worth at least $1 million in poor condition. Probably more than that, but I'm being conservative and taking into account that the population has grown by one more.

 

Look man, no one is disagreeing that it's most likely a fake. I'm certainly not. My only contention is that it cannot be ruled out as a fake for sure. I know you looked at the edge and it doesn't look real. It probably doesn't look real because it isn't real. However, there may be some damage. Maybe damage and an optical illusion from the photo together. And yes maybe the seller doesn't know what he has. You don't know.

I also noticed bkozak's comment on INB's buy back program and thought to myself that's probably wrong. However, maybe, just maybe, as a potential buyer (since he is bidding on the coin), he doesn't want to give away on a public forum exactly how he plans on protecting himself if he is the winning bidder.

Personally, I think it's worth the risk. Lets say the winning bid is $100k and it turns out to be real. You just made $900k profit overnight. That's a significant return on a significant investment. Now if you were only going to make 10%, then the risk may not be worth it at that price. Does that make sense to you?

 

Trust me, I understand risk/reward and profit. What I do not understand is wasting ones time. CAT NIPPLES

 

1) This auction is still going on?
2) This thread is still going on?
3) And what's with all the arguing? I'm a little lost here. This is one of the biggest "Not Sure If Serious" moments on this forum that I can remember having.

 

I know a Nigerian banker having trouble getting his money into the United States he is giving people cash stipend for your help. And I'm sure I can get you a bottle of enzyte

 

I had nothing to say? Go back and read.

That coin is fake. There is no question about that whatsoever, there is no possibility that it could be otherwise.

Sheesh!

 

I've seen some of the more optimistic folk in other places around the web. Let's just say their naïveté doesn't surprise me.

 

To be fair, one of the 5 known genuine ones had at one time been wrongly been declared fake (the owner kept it for the novelty value; it was later declared real after the owner died in a car accident. The story of that one alone could make a great book.). Who's to say there can't be a 6th? Keep in mind the "official" mintage record of 1913 Liberty nickels is 0; they weren't supposed to be minted in the first place.

For the record, yeah this coin is probably fake, I wish there were better pics of it (it's hard to tell much from the not too great pics, but that alone is quite suspicious. If I had one of these and I thought there was even a 1% chance it was real, I'd get some decent pics of it. I'd also have it graded and authenticated by a TPG that actually has some kind of reputation, not INB. INB is in no sense of the word a third-party grader; primarily because they sell the coins they grade, thus their opinion is not disinterested.). I think it would be enough to call it fake on the "beyond a reasonable doubt" standard, but that's still less than 100% sure. The fact the seller hasn't provided sufficient evidence to say for sure it's real of fake says something in itself right there, but playing devil's advocate, you have to concede there's not enough evidence to say 100% sure it's fake; I think most people are assuming it is not based on evidence from the coin but based on the very low chance of something like this being real.

But well, all that being said, if you wanted to bet money on it, I'd bet it was fake; I don't think it's smart to tie up money you might not get back (eBay/PayPal's policies are not iron clad in this area so no, it's not risk free buying it thinking you can just get the money back if it's fake. I speak from experience here trying to get money back from a bad deal, the process took more than a month and it felt like I was being treated as guilty until proven innocent, the seller retaliated by trying to trash my reputation which took my time and effort to combat, and I had to get my bank involved because of how slow eBay/PayPal was in acting, which eBay then suspended my account because I did. I did get my money back, eventually, but it was not a simple, quick, or painless process. And this was only $58 we were talking about here; now imagine if the money you spent on this was tied up for that long. No, that's not "risk-free" unless you're so rich you can afford to have that much money tied up for so long, and if that's the case take your money to an auction the next time one of the 5 known genuine ones comes up sale!). Take that money to a horse track or a casino instead; your chance of coming out ahead is far better there I can assure you.

P.S. The thing is, long story short, extraordinary claims should require extraordinary evidence, and considering that to date only 5 of these have been confirmed to exist and confirmed to be real, the claim there's a 6th undiscovered one, being sold on eBay and graded by a less-than-zero reputation so-called "TPG" is definitely extraordinary. So the question shouldn't be is there enough evidence to declare this coin fake; the question should be is there enough evidence that shows this coin is real. And no, there isn't.

 

I don't think you do. You went all in, on silver when it was 50.00 an oz. Now your buried. So you should go back to the kids table because you clearly dont understand risk/reward.

 

I am 100% certain it is fake.

 

I'm not; the available evidence just isn't good enough (well ok, 99.999% lol? But that's not really the point...). But I am not 100% sure that it is real, and that would be enough to keep me away from betting any money on something like this. Whenever you're dealing with a large amount of money on an extreme rarity, it should be presumed fake until proven real, NOT the other way around! (And that is my main point, really.)

 

It is also a fact that you (nor has anyone else) provided any facts as to why anyone should believe there's any significant reason to believe the coin is real. Extraordinary claims should require extraordinary evidence, and claiming this coin is real is VERY extraordinary, considering only 5 of them have ever been discovered and authenticated. The default presumption when dealing with extreme rarities with a huge financial incentive to fake them, should be that it's fake until proven otherwise, NOT that it's real until proven otherwise. So, what facts make you think this coin could possibly be real? Do you have enough of them to add up to a reasonable belief this coin is genuine? No? Then until you do I'm going to stick with my presumption of it being fake.

 

I did? Why do you say that, and BTW it is **You Are** or **you're** not **your** genius.

 

I'll point out something so that anyone considering buying that coin can be more informed...

The INB slab just snaps apart and can be snapped together again, so be prepared for the seller to claim that the original coin was swapped before it was returned.

 

I'm baffled as to why eBay hasn't pulled this auction listing yet. This wont end well for anyone.