Ebay...Still a Cherrypickers Paradise 2017'

Discussion in 'Coin Chat' started by Larry Pelf, Feb 9, 2017.

  1. yankee doodle

    yankee doodle Member

    Congrats! If you need the $ to pay off debts, sell it asap. If not, put it in a safe deposit box with lots of moisture absorbers and you will sleep very well. It will be part of a great legacy for your heirs.
     
    Larry Pelf likes this.
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  3. Dougmeister

    Dougmeister Well-Known Member

    Were all proofs made from 1909-1916 "matte"?
     
  4. robec

    robec Junior Member

    Yes, at least in regards to Lincoln's and Buffalo's.
     
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  5. jtlee321

    jtlee321 Well-Known Member

    Oh my God!!! Amazing pick. I can't believe I missed that, I am alway's looking at 1909 Lincoln Cents on eBay. But with it ending right around Christmas, I can see why I missed it. Congratulations and it's not the first time I've heard of GSC getting picked. It is an absolute stunning looking cent, that I know I would have bid on, had I seen it. :)
     
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  6. Dougmeister

    Dougmeister Well-Known Member

    LOL at "Brian Wagner". Kudos to you for not taking his word for it!
     
  7. brokecoinguy

    brokecoinguy I like what I can't afford

    That is absolutely insane, congrats on such a great find! Makes you wonder just how many legitimate matte proofs, even key dates like 1909 VDB, are still floating around out there.
     
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  8. Blissskr

    Blissskr Well-Known Member

    Lol are we sure this isn't just a marketing thread for GSC?
     
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  9. baseball21

    baseball21 Well-Known Member

    It doubles as one if the story is true or people think it is anyway.
     
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  10. Camreno

    Camreno Active Member

    You're telling me you got a 40k coin for 56 bucks?? :bored:o_O
     
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  11. TypeCoin971793

    TypeCoin971793 Just a random guy on the internet

    :wideyed::wideyed::wideyed:

    IMO, not a cherrypick, since you did not buy it knowing what it was. However, it was an incredible stroke of luck and you made the right choice to ask around and send it to PCGS. Very Nice!!!
     
    Paul M. likes this.
  12. Silverhouse

    Silverhouse Well-Known Member

    That is fantastic!
     
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  13. Blissskr

    Blissskr Well-Known Member

    I was thinking the whole new member, first post ever.
     
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  14. baseball21

    baseball21 Well-Known Member

    Were on the same page with that. People almost never would publicize an occurrence like that. Last thing you do when you make money is run out and tell everyone else how to do it
     
  15. lkeigwin

    lkeigwin Well-Known Member

    I wouldn't be so quick to laugh at Brian.
    Lance.
     
  16. ddddd

    ddddd Member

    So the most likely story is that GSC put the coin on auction knowing what it was, put in a large bid at the end to make sure one of their people won the coin, and finally went on CT to post the "find." Perfect strategy to further increase the amount of viewers for their auctions and to have people bid up common coins in hopes of the ultimate pick.

    Or it was all real....I guess we'll never really know.
     
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  17. jwitten

    jwitten Well-Known Member

    But the coin literally sold on ebay. For under $60. Meaning if it is a marking gimmick, they risked someone else outbidding themselves for it.
     
    Larry Pelf likes this.
  18. ddddd

    ddddd Member

    Not if they set up a snipe for a huge amount (say the 40,000 price guide number).
     
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  19. jwitten

    jwitten Well-Known Member

    I doubt they did that, but who knows. Seems like a lot of risk in that strategy. Plus, the poster did not disclose who he got it from, I did. Now they have a $40,000 to try to unload without selling it themselves if that is the case.
     
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  20. -jeffB

    -jeffB Greshams LEO Supporter

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  21. ddddd

    ddddd Member

    I'm not 100% certain that this is fake, but the risk is not huge.
    The snipe at 40k would beat out any other bidder (if not, then they have an over 40k sale) and GSC can then cancel the sale if their own person wins it.

    Also, the picture in the OP looked like a GSC picture and they assumed someone would find the auction on ebay even without stating the seller.

    Finally, getting rid of the coin won't be a problem. This isn't a typical ebay item and it would easily sell in a Stacks or Heritage auction without much info coming out about the ebay sale.

    In general, the whole situation is weird. Either it is one of the greatest picks or an incredibly clever scheme by GSC.
     
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