1799 Warning

I just wanted to provide a warning to those who might be interested in a 1799 on eBay.

http://www.ebay.com/itm/32239820060...97&_trkparms=gh1g=I322398200603.N34.S1.R1.TR8

I have already messaged the owner, but the offering is still up. This is an altered 1798 S-166 and easily spotted as such by variety specialists with the well known die crack on the reverse. But the price has already gone way past a price for those seeking altered dates as a conversation piece.

I like to think the best of people and hope that he has simply not looked at his messages today, but I believe a warning is in order.

 

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That would be really nice for a 99, but that die crack does make it quite obvious.

 

Good eye bud!

 

His "1804" is not good either. It's a retooling of an 03. He's been notified, not sure if he'll end them or not.

 

Anyone willing and able to spend that amount of money should be smart enough not to buy any coin like that which isn't slabbed.

 

Anyone willing to alter a coin is also willing to alter a slab.

 

+1

 

Yep. It's an altered S-260.

 

With all due respect, I disagree even if it's generally better than the alternative advice. Too many are becoming too reliant on the almighty tomb even though there are other often equally safe options. Slabs offer a guarantee, yes, but so do some dealers, with a spine, who genuinely care about their name and customers. The trouble for many is finding the good and truly knowledgable ones.

 

I just have a low opinion of slabbers myself. I've seen far too many errors which should be obvious. Perhaps they have become fair graders, but I simply cannot trust attribution and am suspicious of authenticity.


This is in a slab marked Reverse of 94. It's obviously a Reverse of 97 and they completely missed it's being a S-94.

Lucky for me though. I recognized it for what it is.

 

I assume you have, sir, but did you explain exactly how he could verify what you told him? I too like to think the best, and can understand why some do not simply take any unknown's word for it when told there's a problem with a coin, but with something like this they can fairly easily confirm for themselves, it's somewhat different. If provided with the information, and not down within another day or two, esh....

Between the two there's a fair chunk of change already there, especially considering the time remaining, but hopefully he'll pull them nonetheless.

 

I told them what is was as well as what it was not. Nothing else I could say would make me more trustworthy to a stranger.

His/her character will be shown shortly. But a couple of unfortunate novices could get hurt, whether they know it or not.

 

No, no... was nothing against you in any way. My comment about believing an unknown was meant in the most general sense, and mostly referenced others here who like to pile on a guy selling what they believe to be a coin with an issue, do so without placing themselves in their shoes, and bash the guy for not taking their word as law. My apologies for combining two separate issues into one.

That said, you're right... you have him the facts and his motives will be clear soon enough. Thank you.

 

I don't understand this, either. A 1799 cent is not a coin that's ever going to be on my radar, but you can be for darn sure that if I were wanting to buy a coin that auctions for nearly $2k in PO-01, I'd become an expert in authenticating them myself, and, unless I could inspect the coin in person myself, I'd probably be buying slabbed.

 

We're good. I did not take it personally. I simply chose to expand on what I told the seller.

I too sympathize with both novice buyers and sellers. Most react well to information. A few do not.

 

If you're not an expert, you need to find one. TPGs are not on my expert list when it comes to Large Cents. But out of my own area of expertise, I utilize trustworthy dealers or even better, knowledgeable fellow collectors.

There are some on this board who I trust more than myself and I'm quite confident in myself. It's a great resource.

 

If you scroll back through this sellers auction history you'll find that he/she used to deal in end seeded unsearched rolls.

 

The bidders on these coins think they've enough expertise to make the decision. The Dunning-Kruger effect in operation, unfortunately.

 

I would trust any TPG that financially upholds an authenticity guarantee in this case. I'm pretty sure PCGS can tell the difference between a real coin and a fake. Maybe they're not so great at variety attribution for large cents, but there are only 2 varieties for 1799 anyway.

 

How do i get the value for 1972 s double die