Just won my first 1908-d no motto

http://cgi.ebay.com/1908-D-20-Dolla...a52f5dd3f&_trksid=p3286.c0.m14#ht_4344wt_1165

$1255

Hope I did well!

 

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Numismaster has that issue listed at $1570 in AU-55. I think you did quite well...

 

nice coin, it would make a great lucky pocket piece, but when you get it you might want to decide to slab it depending on how it looks to you.

 

It looks pretty nice to me. I see a dark area in the right obverse field, can't tell if it's an artifact of lighting or what. Hope you post some photos of your own when you receive it.

 

It looks nice but man why would you buy one raw...there are just too many counterfeits out there.

You're gambling with fate here...he says no returns on bullion items, since its a numismatic piece I don't think its considered 'bullion' but I'm not sure.
I wish you luck, get it certified ASAP. Also I think its good you bought a denver one...more scarce than a common 1908 n/m

 

Oh stop man with the skepticism..

Look, I'm not going to be afraid of raw coins. I know gold and if it's fake I'll return it. I take chances on gold.

He says 3 day returns by the way.

And yes, I knew I was buying the Denver mint, I had it mapped out before I made the purchase.

Thanks for your concern though, but please, try to stay optimistic with me?
A comment like this could drive this thread in a whole new direction that particularly I don't want to head.

Thanks again.

 

Man i understand, if its geniune you made a good purchase. I'm just saying you gotta becareful on the US gold...all of it is heavily counterfeited.

As long as he honors that return policy, no harm done :thumb:

 

This poster reminds me of one from long ago...

 

GCL? :mouth:

 

Is that a nice comment?

 

BNB,

Come on man! The reason why it seems like you get a lot of flack from the members of this forum is because you invite it with posts like this one. Trust me when I tell you that I absolutely love your enthusiasm and your positive outlook is great for the forum, and for those that know you personally.

Here it comes! However, when you make a comment like "I know gold" in a thread entitled "Just won my first 1908-D no motto", how the heck are we suppose to take you seriously? We know that you are very new to coin collecting and we probably have a better understanding of what you know and don't know than you do because we have all been where you are now.

Personally, I don't care if you gamble with your money. I stated that in the very beginning when you joined Cointalk. It is your money and it is obviously expendable, so do with it what you want. But don't ask or expect the members of the forum to acknowledge that you are making sound business investments. You are not, you are gambling.

What I don't want to see happen is the other members of this forum make posts that discourage you and give you cause to leave the forum. You are active, entertaining, and I like having you around.

Paul

 

Considering that uncirculated examples can be bought for less than $1500 and that coin looks AU, I don't think it was a good purchase at all.

And the comment "I know gold and if it's fake I'll return it" tells me that you are badly overestimating your abilities. You don't even begin to "know gold".

Finally, you also continue to ignore sound advice from numerous posters who have had far more experience than you. You are a textbook example of a buyer who thinks he can beat the great odds that others can't, and who is destined to fail.

Edited to add: I'm done trying to help you - you want fun, happy talk, rather than constructive advice. And you don't listen enough to be worth the time and effort.

 

All you do is knock me.
Every thing I do and say on this forum.
Sorry, but I can't take your advice seriously because it just oozes with personal remorse more than anything.
I can NEVER expect one darn nice thing to come from your mouth regarding me, so you know, I really don't care to hear it anymore.

Show me one nice constructive thing you've said aside from your pessismistic attitude that everything is a bad deal.

Maybe when you start showing coins and people hero worship you, I'll be the one (like you are to me ALL THE TIME) and say, "Eh, that coin isn't great." "Eh, its scratched." "Eh, it's a bad coin".

I mean really, Mark, you're acting to me like all the other dealers do at shows. They UNDERVALUE EVERYTHING. It's a dealer mantra and you like to throw your weight around a lot on this forum I notice without question. It's about time people finally catch up and understand that your intentions are not as good as you say. You know why I say this, Mark? Because your track record of your responses to me. They are all negative and because you have more "experience" than me, means they are "right". Come on, we're in 2009. Kids from India are surpassing old computer techs in the states, they have no experience right? But they kick butt at what they do.

My point here, is I know what I'm doing Mark in some regard. I don't want you, or anyone here on this forum to make me out to be some kinda dummy when it comes to coins. I learn fast. I don't let negative people or believes alter or influence my learning. This idea that everything is cleaned or could be a fake is just irking the heck outta me. It demonizes actual good business men and women out there that are selling coins that are raw. Not everything HAS to be certified, not every dealer WANTS to certify. Some dealers feel they can make more money off an uncertified coin by how they sell it oppose to a sure-lock from a certified. My strategy buying into this coin was buying as CLOSE to melt as I could and granted melt right now is $1000, I happily met my goal especially with a denver mint.

So that's a bad deal? Try to see things through my eyes for once and please, stop passing so much negative judgement. I can't see ANY value in your words "this is sound advice, i'm trying to help". Maybe if you gave a few positive notes once in a while, I'd believe you, but the bias is just too negative with you and I'm done.

 

Well, I'm sorry for sounding confident that I know gold.. I'm not trying to impress anyone, I'm just saying that not only I have other gold coins to compare the coin with, but I have dealer friends out here in CA now that can verifiy it. But I think a lot of you are extremely cautious that things uncertified can be fakes.. Everything "could be a fake", you're right it "COULD" be a fake, but so can certified coins too.. Do you know that there are A LOT of good amount of honest dealers on ebay? Not A LOT, a lot are dirty sheisters, but the ones with perfect feedback in the thousands, I seldom question if I'm getting a real or fake gold coin or not. Ease up.

 

BNB, you just insulted three people in a row that I respect. MarkFeld is one of the best dealers around, he has unlimited passion for helping people, and anything he says to you you can take to the bank. His knowledge and experience in this hobby is greater than most people on this forum - he used to be a grader for NGC, if you didn't know.

Lehigh is a highly respected member of several forums, and his knowledge and experience with coins speak for themselves.

GoldCoinLover has dedicated himself to the study of gold coins - if he cautions you to be careful of counterfeits, that is because he has studied them and is aware of the problems you can face.

None of these people were trying to be mean - they were only trying to help you. You seem to be rather new to this hobby, and you are posting on here looking for feedback. If you don't like the feedback you get, don't post.

Your passion is great, your overconfidence and ego, and apparently temper, are not. For the most part, people who respond to your posts are trying to help and teach with constructive criticism. Maybe take some advice from people with more experience and knowledge than you?

 

I'm not talking about this coin in particular, but e-bay coins in general...

I'm wary of raw coins, particularly on e-bay.

Why are valuable coins sold raw ? If they're so valuable, why aren't they authenticated ? Sometimes, it's because some people prefer them that way (Early American copper is a classic case).

But more often, the reason a valuable coin isn't slabbed is because it cannot be slabbed. It has problems of one sort or another.

Yes, counterfeits are a concern, but altered surfaces are much, much more prevalent. With this particular coin, I would inspect it very carefully for the Three Deadly Sins - cleaning, brushing, and whizzing.

 

You know almost all of the time the counterfeits are made out of 90% gold just like the originals... so you might know what gold feels like in your hand (I'll give you that) But I agree with the others, you dont know US gold coins. Unless you are a student of counterfiet gold and have books on the stuff like most of us do you are playing Russian roulette with every time you buy a raw coin... especially on EBay. It's your money my friend... do what you want with it... but when the time comes and you start to realize that we are right... I doubt you'll find any sympathy here.

 

Sorry you feel that I insulted them, I just see it as calling a spade a spade in this case and I don't disrespect them personally.

My idea still holds strong with this coin. I bought it as close to melt as I could. It's unfortunate that you and a few others aren't excited that I met my goal. That's the point of this post. I'm tired of certain people raining on parade with unsolicited advice that does not apply to my goals of this thread.

They say sometimes the best advice is when it's asked.
Sorry.

 

I really don't plan on getting in the habit of buying raw coins from now on.

 

You posted a link to a coin, you say you just bought it, and you hope you did well. That's all you say. That leaves it open for comments, criticisms, and advice. That is exactly what you did, and then you got mad when people gave you comments and criticisms you didn't like and didn't agree with.