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From blurry pics to in-hand - wrong denomination, but I'm happy!
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<p>[QUOTE="gxseries, post: 3087808, member: 4373"]There is one coin that came in a junk Russian copper lot. I probably retold this story so many times in other thread.</p><p><br /></p><p>This was when Russian coin prices started to skyrocket maybe around 2007 ish. For some reason I decided to join the frenzy. Believe the lot was a kilo of Imperial Russian coins. The photos were quite accurate to describe how bad they were - bent, corroded, holed, damaged, low grade etc. The seller also did kindly mention that it was stored in a damp environment. Against all wisdom, the lot ended up higher than 100 dollars. For melt value, that's certainly too high.</p><p><br /></p><p>When I received it, I couldn't hide my disappointment. In fact I thought I blew it. In the next two weeks, I was trying to identify them and sell the duplicates to minimize loss. There were some that were completely gone. </p><p><br /></p><p>There were a couple of rotated error coins that I identified as I was photographing them to be sold. It was another two weeks that it took me to get my heads around a really low grade coin as I tried to put a year to it. It was this one coin that made the difference and it is quite scarce in any condition. Price wise, who knows what it may sell for but in better condition it seems to command a strong four figure in previous auction records. So far I haven't seen one for offer.</p><p><br /></p><p>Sometimes its only one coin that can make a difference <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="gxseries, post: 3087808, member: 4373"]There is one coin that came in a junk Russian copper lot. I probably retold this story so many times in other thread. This was when Russian coin prices started to skyrocket maybe around 2007 ish. For some reason I decided to join the frenzy. Believe the lot was a kilo of Imperial Russian coins. The photos were quite accurate to describe how bad they were - bent, corroded, holed, damaged, low grade etc. The seller also did kindly mention that it was stored in a damp environment. Against all wisdom, the lot ended up higher than 100 dollars. For melt value, that's certainly too high. When I received it, I couldn't hide my disappointment. In fact I thought I blew it. In the next two weeks, I was trying to identify them and sell the duplicates to minimize loss. There were some that were completely gone. There were a couple of rotated error coins that I identified as I was photographing them to be sold. It was another two weeks that it took me to get my heads around a really low grade coin as I tried to put a year to it. It was this one coin that made the difference and it is quite scarce in any condition. Price wise, who knows what it may sell for but in better condition it seems to command a strong four figure in previous auction records. So far I haven't seen one for offer. Sometimes its only one coin that can make a difference :)[/QUOTE]
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From blurry pics to in-hand - wrong denomination, but I'm happy!
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