I bought a roll of gem BU 1943-d steel cents in a bank wrapped roll from the bay. Of course the first thing I did was open it. What I found were 50 unc coins starting to corrode tiny rust spots some worse than others, but none that were "gem". My question since I opened the roll to you folks is do I still ask for a refund? Anyone here think these are still gem. I don't doubt the roll was bank wrapped many moons ago, but don't know how to approach this. Opinions welcome. And would NGC consider these environmental damage if submitted for grading?
Definitely not, no where in the definition of Brilliant Uncirculated does it mention rust spots, or any damage to the coin. Return these suckers and get your money back!!!
I figure that may be an issue, but SNAD through ebay and paypal will more than likely give me my money even if the seller tries not to. Guys got 6000+feedback with 0 Negs
The seller sold it as an unopened roll and you took a gamble by opening it. That took away much of the value. Why is this the sellers fault? If it was full of MS-67 coins, would you contact him and pay him more because of the great coins? The seller called it BU and that is what it is. He can't see past the wrapper. Going after the seller on this is just flat wrong. If you do go after the seller on this I'm sure many folks will block you from bidding on Ebay because of it. You gambled and lost. Flame away.
This may be true in theory, but how does the seller know the contents are all BU if he has never opened the roll???
My guess is that you got what 99% of all steel cents look like today unless they were stored absolutely properly for the entire 68 years. That is one of the reasons they did not go over well. BTW, definition of Brilliant Uncirculated might not mention rust spots, but uncirculated means just that. It does not imply that the coins are problem free nor that they are perfect. From PCGS;
Sorry I was shooting the pics in weird light and had no white in the pic to adjust the balance on my editing software.
What was the seller's stated return policy? Does it make any mention of opened items? If they offer a return policy then contact them about it and ask. On the other hand, these are steel cents, they all look like that...
This is where my dilemma lies. You are right in theory, but first of all I paid MS prices for the roll, second the listing says gem b/u. Environmental damage was not mentioned anywhere. This is why I am posting here, because my gut tells me I should chalk it up to experience. Just wanted some opinions. And how do I give good feedback when the coins are all, not some, but all damaged. If I contact the seller he can either tell me to pound sand or not. Right I am not contesting that they are BU but that leads to my second question. If these coins were to be looked at by Say PCGS would they bag them as environmental damage or just give them low MS grades? And before anyone says they aren't worth grading, just asking
Better, if you sent them to NGC, they would slab them "Uncirculated Details, Corroded". PCGS would just call them "Genuine".
Ok, let's look at it from another angle.... When a seller says that the coins are Gem BU, you are expecting coins that when graded will be assigned a Gem grade, not a grade that says "corroded" or "details".
They appear to not have been circulated. Which would make them BU. However, they definitely have not been properly stored. Technically they would be BU, but from my stand point they would only be uncirculated details due to the rust.
Right I only said Pcgs because of your quote. Either way, you answered the question. Looks like I need to work on another contest. I got 50 prizes:devil: