Good or Bad Deal?

Discussion in 'Coin Chat' started by yakpoo, Oct 7, 2012.

  1. yakpoo

    yakpoo Member

    I haven't collected Seated Liberty halves, yet and don't know anything about them. As I'm cruising eBay (while watching the Nats :D), I came across this auction.

    My first thought is that this coin looks way too good to be real (looks like a David Carr fantasy piece)...but if it's not, then this auction is a blatant fraud. It's a raw coin with blurry pictures and no returns accepted (all red flags). However, the Seller has 100% feedback and it's covered by eBay buyer protection. If the coin is real it would be a tremendous buy.

    Bottom-line: I'm not bidding on it, but was interested to know what the rest of you think. :thumb:

    http://www.ebay.com/itm/1889-SEATED-LIBERTY-HALF-DOLLAR-PROOF-/110960571807?pt=Coins_US_Individual&hash=item19d5c3f59f
     
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. yakpoo

    yakpoo Member

  4. easj3699

    easj3699 Well-Known Member

    it is kinda odd how all of his other listings have better photos but yet this one doesnt. it has several days left so see where it goes
     
  5. mikem2000

    mikem2000 Lost Cause

    From the pictures it is impossible to say real or not, but I would think genuine.

    As for it being a good deal, again, it is impossible to say from the pictures, but My guess would be it is not. Coin, is probably not in a slab for a reason, and I think $750 is too high for a "problem" '89 Proof. With no return policy, no slab, and blurry pics, it is a no-brainer to stay away.
     
  6. yakpoo

    yakpoo Member

    If it's a real coin, it looks like a $4000 coin...for $750? :scratch:

    I don't understand why someone wouldn't have a coin like this graded before trying to sell it.
     
  7. mikem2000

    mikem2000 Lost Cause

    The most likley reason, it is not in a slab is because it will not grade cleanly.

    Here is an example of a similar coin in a "details" slab. Not exactly a $4000 coin.


    http://coins.ha.com/c/item.zx?saleNo=1171&lotNo=8946

    Buy a coin like that for $550, crack it out, a little dippity doo, some blurry pics, and there you go.
     
  8. buddy16cat

    buddy16cat Well-Known Member

    I am wondering, what are those lines going across the obverse that looks like lines of dust? What about the other smudges? Since it is proof, it was originally minted for collectors and not for circulation. Numismedia has this coin listed at $540 and their prices are high. I don't know why you would list slabbed prices like NGCs on the ad.
     
  9. Tom B

    Tom B TomB Everywhere Else

    I think that this dipped Seated half dollar with odd looking residual lines across the obverse would grade in the low PR range as a PR61 or PR62 and would be a tough sell to net much money on in a holder. The Capped Bust half dollar is simply a horrific, dipped out AU. These are not nice coins.
     
  10. thecoin

    thecoin New Member

  11. yakpoo

    yakpoo Member

    I have a personal rule..."Never bid on anything I don't understand"...and I don't know anything about early halves or the tricks folks use to cheat unsuspecting collectors. The auction didn't pass the "smell test", but I didn't know why...thanks!
     
  12. mark_h

    mark_h Somewhere over the rainbow

    Heck - I don't even have to study the coins - bad pictures bad deals. My rule if not nice clear pictures steer away from them. Just my opinion.
     
  13. yakpoo

    yakpoo Member

    I've bought some very nice coins from sellers that don't know how to photograph or present coins. The few times I received misrepresented coins, eBay's Buyer Protection backed me up.
     
Draft saved Draft deleted

Share This Page