Hate to say that I know this guy...

Discussion in 'Coin Chat' started by LordCo, Mar 29, 2007.

  1. LordCo

    LordCo Member

    Every week this fellow drives 150 miles to my local auction and buys everything in sight to sell on ebay. Of course, I know that his goal is to make a profit, but I think he got carried away with this one:

    1969 Canadian 1 Cent - PL65

    My software is showing a value of $3.25 for this coin at PL-65. Unless you fine folks can find something obvious that I've missed that would account for the extra $106.00 he's asking, I plan to taunt him mercilessly when I see him tomorrow.
     
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  3. gxseries

    gxseries Coin Collector

    Seems rather common - don't know if it's scarce or not but it doesnt' seem to be so.
     
  4. lwrncwg

    lwrncwg New Member

    Is ICCS an actual grading company or is it the sellers home grown brand?
     
  5. AnemicOak

    AnemicOak Coin Hoarder

    I don't know for sure, but I've seen coins from quite a few sellers graded by them.
     
  6. satootoko

    satootoko Retired

    As a matter of fact, they are considered by many to the top TPG in Canada.

    I may be wrong, but I think they grade Canadian coins exclusively. At least I've never seen their unique substitute for a slab holding anything else.
     
  7. zaneman

    zaneman Former Moderator

    ICCS does canadian stuff. IMO they are quite consistent, and their stuff typically will cross at the same or higher grade at the major TPGS.
     
  8. Bonedigger

    Bonedigger New Member

    ICCS is a pretty good outfit. I purchased some Canadian Death Dollars which were graded by them and the grades appeared spot-on. They have a good reputation on both sides of the border.
     
  9. JeromeLS

    JeromeLS Coin Fanatic

    The person is being a little bit silly......
     
  10. AnemicOak

    AnemicOak Coin Hoarder

    Found a little more on ICCS.

    "Founded in 1986, the International Coin Certification Service (“ICCS”) of Toronto, Ontario remains the most respected third-party grading service for Canadian and Maritime coins and tokens (although they will also certify U.S. and British Commonwealth coins, on request)."


    Roy is the CCCS from your link the same as ICCS?

    I see the coins are basically in a sealed flip. Are they sealed in a way that you can still see the reverse?
     
  11. satootoko

    satootoko Retired

    [​IMG] It sure isn't!​

    I didn't notice that the link I was following in a list of Canadian grading services went to the wrong company, and there was no link to an actual ICCS website, only a phone number, in the list. The slab substitute was similar to those ICCS uses, and I just didn't pay close enough attention to what I was doing. Sorry about that.
    The ones from ICCS are, I don't know about CCCS, but I assume it would be the same.
     
  12. don cole

    don cole Member

    After all is said and done what is the coin actually worth?
     
  13. LordCo

    LordCo Member

    Well, based on what I can find by searching past and present ebay auctions and other net offerings, my book's value of $3.25 seems to be close to the mark.

    In any case, I'm sure he'll be at tonight's auction, so let the taunting begin. :D
     
  14. bromac4

    bromac4 Senior Member

    ICCS and CCCS are two separate companies. ICCS is a very well respected company while CCCS is a relative newcomer.
    CCN trends values the 1969 1¢ in PL65 Heavy Cameo at $35.00 CDN.

    Bill
     
  15. Just Carl

    Just Carl Numismatist

    Oddly enough that is not so uncommon as you may think. At a local flea market there is a guy that is there every Friday at 4 to 5 AM setting up. One of his major items is coins. All sorts of coins. They are just dumped into trays and boxes. Not in any order or size or anything. It's as if he just swept them up off the floor. And as flea markets go, no one asks where he gets them all. A short Hispanic guy stands there each time and buys every coin that is Mexican or US that he can grab. He usually spends several hundred dollars on them. Mostly they are really beat as if they were swept off the floor. He buys them every Friday and then vanishes into the obiss that is a flea market. No one knows what he does with them but many say he is a fanatic with ebay selling. Neither one is there on Saturday or Sunday.
     
  16. LordCo

    LordCo Member

    I asked this fellow about the coin at our local auction last night. Contrary to the coin being priced high, he feels that he's undervalued it and that it's worth closer to $200 CAD.

    I'm still not convinced, but at the end of the day it is his coin to try and sell as he pleases.
     
  17. bromac4

    bromac4 Senior Member

    It's possible that he thinks the Ultra heavy cameo designation is worth something but I've seen it before and I can't see it increasing the value by much. Canadian Coin News is a very reliable guide for Canadian coin prices and if they say $35.00 I wouldn't say there is any way it can be wirth $200.

    Bill
     
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