Why aren't they Graded ?

I could see it going XF-AU, and it appears genuine, but it is very obviously cleaned. I've never bought from Denver Coins Co, but I've seen a bunch of their listings and it seems to be, and I'm certain is, too good to be true.

I could be paranoid but I think the first suspicion is that they start at $0.99.... while it can be good to increase popularity with more bids, they are also taking a HUGE risk on something like a 16-D, as even in P-1 it is still a good $500 coin.

$2475 is not that bad of a price for that coin, but it still has 5 days to go and will likely become an element of unobtanium by the end.

 

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This recent thread might be the one you guys are thinking of. @ddddd sleuthed out the GC sale of a Details 1902-S $1 that was cracked out by this seller and resold. https://www.cointalk.com/threads/question-for-experienced-coin-graders.420878/#post-26649199

 

A Raw 1916-D should have 20 pictures in the listing.
That's one of those coins that you should buy graded authenticated.
This company has a certain business model that plays on buyers emotion.
Results speak for themselves if you look at the sold listings.

 

Here's another one. They have been selling a lot in cardboard holders with red markings to accent the "deal". I think old holders often have rusty staples.
What ya think? Ps..look at "sellers other items"
https://www.ebay.com/itm/397536953159?_skw=1916+d+mercury+dime+pcgs&itmmeta=01KG28T1EBA9RC767JXZK2D3YW&hash=item5c8f0c8347:g:RqEAAeSwq~ppdvOm&itmprp=enc:AQALAAAA8O7PUuNWmJ++UShgI9tQz/pHQmX9WdGpU/rYsl/vnOAKA88va2bYOwjqc5CauL0ztQEFVZxAwuHhx9Tun4asKw/BfDcYxHGyKEFhGJpupioFbyz8lWkjx/VHd46wmyqKGLFCuCUHS9uytzpsxQcaxX8ENqEsTETPg7/Gsxr3g6QatcfFHhgL7ZdOw6UN+dvtYDTzmeVS6HFT0tQTVZm6UVA7+iyFAli9EB1DpTw4Xhzo/V3JGsPmH4gWc5QexftutiWe9fxySiBgAMDUHwYxgjRVxzlqlGjjmmYQwp0uog9UofG4phFAKDzprDxA78dkGA==|tkp:BFBMqpfoyIBn

 

Yeah polished beyond recognition.

 

Hum, so someone cuts a detail coin out of a holder (after purchasing it, say for 1000) Then modifies it and puts it on e b y. Now suppose the highest bidder is 900 at 1 minute to go. Here's when the seller has one of his buddies bid 1100. Seller gets the coin back and his buddy gets his 1100 back. Seller is out a few bucks that e b y keeps and possibly taxes. But if the bidding goes to 2000. Sick.

 

If you look at the other discussion I linked above, they bought it for $461, cracked it, juiced some photos and sold it for $900. Quite a racket.