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I love it... a "$27,500" unslabbed coin auction with no reserve
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<p>[QUOTE="fiddlehead, post: 2076733, member: 31286"]Interesting auction piece. It was actually sold twice already. The selling price came down $1000 from the first sale ($5900 ish) to the second one ($4800 ish). It will be interesting to see what he gets this time! Two non-payers? Wow! I have an 1870 CC seated dollar that has environmental damage (It has lots of dark tarnish), but ironically, I am assuming that it hasn't been cleaned and is pretty likely as found. I bought it in an ebay auction for about $1000. The seller was selling it raw, but thought to include the NGC cert number from when it was slabbed as Env Damage - and it is indeed the same coin. So it makes me think that since the seller of this coin admits it was cleaned but doesn't include any previous certification information that perhaps it hasn't been certified in any way that can be easily traced, so it is kind of hard to tell if it's genuine. In the case of my coin, the pattern of the tarnish and light marks leave no doubt that it's the same coin - the advantage of that is that you know a TPG has at least vouched for it's veracity. These CC seated dollars are so scarce that details grade coins are still worth pretty good money. I thought environmental damage was a pretty cool grade for a coin like that, i.e., not perfect but not tampered with either. You have to be interested in spending rare gold double eagle money or more to get one that doesn't have a details grade.[/QUOTE]</p><p><br /></p>
[QUOTE="fiddlehead, post: 2076733, member: 31286"]Interesting auction piece. It was actually sold twice already. The selling price came down $1000 from the first sale ($5900 ish) to the second one ($4800 ish). It will be interesting to see what he gets this time! Two non-payers? Wow! I have an 1870 CC seated dollar that has environmental damage (It has lots of dark tarnish), but ironically, I am assuming that it hasn't been cleaned and is pretty likely as found. I bought it in an ebay auction for about $1000. The seller was selling it raw, but thought to include the NGC cert number from when it was slabbed as Env Damage - and it is indeed the same coin. So it makes me think that since the seller of this coin admits it was cleaned but doesn't include any previous certification information that perhaps it hasn't been certified in any way that can be easily traced, so it is kind of hard to tell if it's genuine. In the case of my coin, the pattern of the tarnish and light marks leave no doubt that it's the same coin - the advantage of that is that you know a TPG has at least vouched for it's veracity. These CC seated dollars are so scarce that details grade coins are still worth pretty good money. I thought environmental damage was a pretty cool grade for a coin like that, i.e., not perfect but not tampered with either. You have to be interested in spending rare gold double eagle money or more to get one that doesn't have a details grade.[/QUOTE]
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I love it... a "$27,500" unslabbed coin auction with no reserve
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