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Message:: [QUOTE="illini420, post: 664731, member: 19423"]Alright, here’s another one of my "eBay Gambles" an NGC MS64 1857 Flying Eagle Cent. Here are the seller's pics of the slab and their attempt at a close up shot: <img src="http://i294.photobucket.com/albums/mm111/illini420/1857fullslab.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /><img src="http://i294.photobucket.com/albums/mm111/illini420/1857slab.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /> The coin was listed as a Buy it Now for $1000 (and the going rate at the time for a certified MS64 was $1300 to $1400) so I jumped on it soon after it was listed and took the gamble based on the grade assigned by NGC Here are my pictures of the coin when I got it: <img src="http://i294.photobucket.com/albums/mm111/illini420/1857obv.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /><img src="http://i294.photobucket.com/albums/mm111/illini420/1857rev.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /> Under different lighting:<img src="http://i294.photobucket.com/albums/mm111/illini420/1857fems64obv.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /> All of the scratches of note were on the holder, had trouble imaging this one as it was tilted in the slab. Definitely was not a huge fan of the few spots on the obverse and some of them were so large they looked like snow capped mountains under a loupe.  This coin appeared to be an example of if the price is too good to be true, it probably is! However, the story didn’t really end there and ultimately didn’t end up all bad. After owning the coin a little while and deciding that I didn’t want the coin, I tried to sell it. Most dealers were not interested and several suggested getting NGC to take it under their grade guarantee ("appearance review"). A handful of other dealers were willing to buy it, but the best offer I got was I think $500. For reference, at the PCGS guide listed an MS64 at $1650 and the greysheet bid/ask on it was $1050-$1150. Ouch!! I eventually sent the coin to NGC for appearance review and had a wonderful experience with their customer service. Upon receipt, they were confident they would be able to conserve this coin and then have NGC regrade it. So, for the cost of shipping to NGC and a 2-3 week wait, they had NCS conserve it and NGC regraded it an MS64… Here’s what the coin looked like post conservation. <img src="http://i294.photobucket.com/albums/mm111/illini420/1857newslab.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /> <img src="http://i294.photobucket.com/albums/mm111/illini420/1857obv03.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /><img src="http://i294.photobucket.com/albums/mm111/illini420/1857rev01.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /> Before pic:<img src="http://i294.photobucket.com/albums/mm111/illini420/1857fems64obv.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /> After pic:<img src="http://i294.photobucket.com/albums/mm111/illini420/1857obv03.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" />  In summary, I was pleased that NCS/NGC were able to save me from losing big on this “gamble” since at the next show I had no trouble getting my money back out of this coin and actually made a small profit on the coin. Since this coin, however, I’ve really pulled back on my eBay gambling!![/QUOTE]

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