2 Famous Errors seen at the Market

I wish we had flea markets like that around here. Nice.

 

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I live in NYC.. I go to different Flea Markets on the weekends and can tell you there are 2 types. The first one specializes in antiques and quality items such as vintage clothing, jewelry, coins and paper currency. The other type of flea market has pure crap! But every once in a while you might find something good.

 

I just read through this whole thread and got quite a kick out of it. I love the way some of you can "stand corrected" and just steam on. Once again, I get to learn more about coins on here.

 

Although I too have to disagree with the stated probability, I wholeheartedly agree with the premise behind the post. Even if flea markets are a fairly common venue for fakes/counterfeits/copies, the blanket assumption that it's likely counterfeit/altered, at least without further details and/or a specific example, simply doesn't hold water. All the venue is truly suggestive of is that one had better know what they're doing, even more so than if/when using certain others, but this can also offer opportunity for those genuinely capable.

At least without further clarification (such as asking vs. completed), this is bad.... why? Considering that a rather large number of buyers use it as a valuation tool, many of which are more than happy to pull the "but eBay" card, I see nothing wrong with a seller doing the same, especially when there are other so-called pricing options available that have little to no basis in reality.

 

Well I will stand my ground" not corrected "as the 37 D buffalo to my eye is not genuine. Just because a TPG has encased a coin with a grade ,and attribution doesn't mean I agree with either.
That said we have seen many times counterfeit slabs,as well fake coins!
I know several dealers whom set up at flea markets ,as well shows. The venue isn't what scares me it's what my eye interprets. That said from that image I wouldn't touch that coin for any amount.

 

I think that better photos would have changed some of the thoughts in this thread.

 

Not this one's! Lipstick on a pig....is still a pig!

 

You have a true point, But, with the beers and an elevation of 5280+, A court date that I shouldn't even be involved in, 4 hrs ago.

Paddy, I never said I totally agree. It is very ugly! And, I have seen some in slabs lately that I questioned, and they were from the top 2. Therefore, I have no reason to dis on this one.

 

Let's say the slabs are faked. (Just playing a game)
The guy who bought them got them for a song, and he's trying to flip them.
But he doesn't know the coins and slabs are fakes.
He sells the coins. The buyer cracks them out and sends them in and they come back fakes. He goes back to the guy and says you sold me fakes, I want my money.
The seller then says: They aren't in the original slabs. How do I know you didn't swap them for these fakes, and are trying to scam me? It's a flea market, cash business no returns.

I've actually gotten a few good deals at flea markets on coins. A nice condition old Roman, an IHP that was mislabeled, and a couple others.
But I would only get something this valuable from an impeccable credible source that allowed returns.

 

If you were to use the 'rare stamps surprise reveal scene' from the film "Charade" as your template for typical flea market opportunity, then sure, those bazaars might be just positively brimming with the possibilities of discovering some long lost treasure; that being said, wouldn't it behoove one to at the very least begin to err increasingly so on the side of caution as the given stakes start to rise ever further on the personal expense-o-meter.

 

I forgot to include this "show and tell" illustration with my comment about the astounding stamp discovery at the Parisian flea market in "Charade."

 

That may be true for eBay sold auction prices, but not for eBay asking prices. Otherwise, you should price all your chewed-up-in-a-parking-lot Zincolns at $50 and up, "rare errors" that they are.

 

I agree with Paddy, Even though it is in an ANACs slab, I wouldn't buy it. Below photo is from my thread years ago ( url above) with comparisons of several of my 3-L coins, mostly PCGS. They all had identical ( allowing for diff. in wear ) areas in the missing leg. Notice above the hoof, there is a segment of the metal that one could imagine being "human foot shaped", and then above it, level metal to the depression, whereas in the photo from post #1 ( bottom), there is an elongated area of raised metal that is almost touching the "Heel" of the foot shaped part rather than removed by grinding . It is close, but I believe an excellent replica. There are also some variation in the "pee" drops, but that seems to be more variable due to stage of the die. IMO. No offense to ANACS or owner. Jim

 

Not too long ago I had my cataracts removed and corrective lenses implanted, but if I keep staring at details this fine I can see myself going back for a retro-fit.

 

Indeed, as is why I specifically mentioned "At least without further clarification (such as asking vs. completed)". Believe it or not, there is method to my madness...

On the other hand, clarify you did. It never ceases to amaze me that we even need to point out that asking and sold prices are two totally different things, but I suppose it comes with the territory. Go figure.

 

Considering your familiarity with the variety, could you please take a look at the mintmark and share your thoughts? I'm sure you see where I'm going with this.....

 

Which brings to mind a thought, to wit, "You can always ask...it doesn't mean you're going to get."

 

If you are talking about the slanting mint mark on the OP rev. photo , Yes.
( I am sorry for the delay, but photobucket is holding some of mine hostage ( won't download to my computer, and this was the best one of each side of the coin I had in reserve. If the OP gets a photo of the obverse, it will be interesting, as it is also very distinctive when compared. If I go to a show and a there is a 37D in a case , I can usually tell by the obverse if it will be a possible 3L . You have a good eye. I was busy when the thread went up, so I just offered the url for the original.

 

Very nice photos; were they taken with your Samsung setup?

The apparent slant as well as position, yes, but I've thus far only viewed this using an iPhone, and for this reason can't help but to question what I think I'm seeing. Your input is most appreciated; no apologies necessary, my friend.

That said, I don't recall anything noteworthy regarding the obverse of the variety, so hopefully the OP will/can post photos. I'll hold off on looking until he's had ample time to respond, but if he doesn't, I'd still very much appreciate the education (if willing, of course).

 

Yes a shot of the obv. Would be of value....but the rear leg on the op coin is another clue in this case I'm not seeing to sway my opinion on a positive note.
Since the 37 D 3 legger has a history of fraud , given the details on the op's image posted coin again I would search out another specimen that all pups were in line 100 %.
The 37 D 3L isn't that rare that inventory of a mid grade coin wouldn't be obtainable for a doable price, and 100% legitimate.