Buying a high value raw coin on eBay? (1943 Ireland Florin)

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You are a lot more optimistic than me. I was 20% when I bought it but the more I think about it I'd put my odds at 5% so in retrospect I probably made the wrong decision here as the cost of doing this is probably only worth it with odds of 10% or higher.

Normally I would never dream of buying a coin like this raw, but finding it in any condition graded or raw is all but impossible. I'm not sure what I would pay if one ever came up on HA, but apparently it's at least $4000 but realistically I'm not sure it's possible to get one for under $10K.

 

That's a nice coin. I don't have any of the proof milled coins. I have the 1928 proof set and had that graded but I probably need to replace most of them as the grades were all pretty mediocre.

 

As promised I did send this to PCGS and as expected it came back counterfeit. Oh well. Now I just need to wait for them to send it back to me so I can return it.

 

Sorry to hear that. I just saw this thread and was rooting for you. Thanks for sharing the journey and the result.

 

Ah, too bad! But it was worth a shot.

 

It would be useful if they told you how they came to that conclusion, but I'm guessing they weren't that forthcoming? I hope you get refunded without any trouble, in my opinion they should have to pay the PCGS fee too.

 

Sorry to hear I was rooting for you though out this whole thread. Let us know how your experience getting your money back with e-bay goes.

 

The coin arrived from PCGS today and it says counterfeit - altered date on the do not holder sticker.

eBay/the seller agreed to give me a refund but I'm still out the $200 or so I spent shipping the item to PCGS and the rush grading fee.

 

Haven't checked this forum in quite a while... this thread caught my eye as had recently noticed this seller's listings. ONE look at the types he was offering (notably the high grade German/Swiss taler-types) and the experienced eBay buyer knows exactly what they're dealing with here. All fake, every single piece. There were a rash of (usually interrelated) sellers in the mid-2010s offering these types from ever-changing IDs.

 

As another update I got my refund and now the seller won't stop emailing me asking to remove the feedback. He says he's gonna send the coin to NGC for a second opinion (lol). The latest email is the most unhinged yet.....

Hello Buyer, I am also a victim regarding this 1943 coin. Please help me remove the negative feedback. I am willing to pay $650 as compensation for the PCGS fee. What do you think? Thank you again.


$650 is obviously way more than it cost me, but there's also no way for him to actually do this via eBay. I would also assume buying feedback is against eBay policy?

 

That's weird. I would ignore him. Glad you got your refund.