capsules opened

I just got two 2008 silver eagles with 2007 reverse from the same seller.Both capsules have been open,one cracked and the other loose.He said they were in mint boxes,which they are but broken capsules.Can anyone say for sure what he did?Thanks

 

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AHHHH E Bay gata love em! Could be they were opened and sent into a grading company and rejected I cant see why else someone would open them like that. I would check them carefully and if you see any problems I would send em back! Or you can buy undamaged capsules for .99 cents a piece fromhttp://www.cheaptreasures.com/US-Mint-Original-Capsules-for-Silver-Eagles_p_205.html

 

I don't know coins,but did see a tiny nick on one and the blue hairy felt from the package inside one.I was going to send them in for grading,hoping for the covertived ms70.The seller says no refund on the auction.

 

Did he say they had never been opened? If not then your outta luck... although the chances of an Ebay coin being a 70.... not worth you sending it in unless you can tell a 70 with your own eyes.

 

How many coins do you buy on ebay not in a slab?

 

.... not many, hard to tell if coins are nice unless they have really nice pictures which they generally do not. I do buy some though, just gotta be cheap (20$ or less) or have amazing pictures and a return policy.

 

I think your entire collecting strategy is seriously flawed. If you want a 70, buy one. There are very few ponies under the Ebay heap.

 

I guess I must be the only one who sales their US Mint coins on ebay in the original packaging,without tampering then.Excuse me.

 

I dont tamper with them, but if I had a pf 70 I wouldn't sell it on ebay raw.... just wouldnt get what its worth. I would either sell it to someone in person so they could see it or get it graded and then sell it.

 

I have been buying coins from the mint I guess now for about 3 years. I never open the shipping box or look at the coin. I have been stashing mint order coin sets like that as I figured when I sell them folks might like the idea that the coins have never been opened since they were made at the mint. Who knows, it might even make it easier to sell the sets when the time comes.

 

I also keep my mint packages unopened, if I think there is any chance I might sell them later. Unopened packages have that chance of holding 70s. NOTE to newer members- those unopened proof sets from the late 50s and early 60s don't mean anything, as they were originally shipped unsealed, I believe.

 

Yankee, it will 100% make them easier to sell. People would much rather get a sealed mint package than a raw coin thats been looked over.

 

LOL, the eternal optimist with a shovel!

 

Don't get me wrong,I open mine but tired of it quick.Some I only half open after seeing another seal box with the rolled coins.I only did it because I did not know what I had and was curious.It was only this week I learned I should of never of opened them,after buying an unopen 2006 20th ann.3 coin set.Which I sent to the graders immediately.I bought some Lincolns Chronicles the week before which were in their unopened mint mailed boxes.When one seller said he could send seal or unseal merchandise,I thought what's the difference?There were sealed and I opened them,one the binder back was loose with the glue exposed.Learn something every week.

 

I would never think of buying a coin with the intention of never looking at it. Also, if you open it and something is wrong with it, the Mint has to make good. If you sell it unopened and something is wrong, you have to make good.

 

WOW! I didn't think about that! I have 68 unopened U.S. mint coin shipments , Proof sets, unc's ect they have never been removed from the shipping boxes. I didn't think they all could be defective. I guess I should open them all up and break the seals to check on the coins. But couldn't I just say no returns when I sell them in these shipping boxes?. I guess I will have to think on it. THANKS for the suggestion Cloud Sweeper!

 

From what I have read, you are indeed correct Capt'n.......

 

I talked with him and he swears when he shipped them they were not in that condition and he would accept them back and that he now file a claim because they were insured.I don"t know coin grading but how much of a mistake would it be to just send them to ngc anyway?What I could see from under the magnafying glass was very short thinner than a hair 32nd or maybe a 16th,of an inch scratch,and the other container had that fuzz off the material the capsule sits on,inside the capsule.

 

That makes sense.He mention he had insurance to take care of it.

 

If you look at enough completed auctions you'll see that a raw bullion coin will often go higher than a slabbed MS69 exactly for the reason you wanted them.

Dealers slab a lot of these for the occasional MS70 and are then stuck holding a lot of MS69. My boss is one of them. Luckily we found another dealer buying slabbed MS69 at a decent price and we couldn't ship them out fast enough.

He's either got a lot of buyers or cracking out a lot of coins for raw sales.