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<p>[QUOTE=&quot;WingedLiberty, post: 1190597, member: 26030&quot;]OK I took the plunge and bought this.&nbsp; The price was $1,375.&nbsp; There&#039;s a full 7-day money back return policy, so at least I get to examine the coin in hand before deciding if it&#039;s a keeper.&nbsp; I think I will drive it up to my local coin dealer and have them look it over when I get it in the mail (they&#039;ve been in the business for 40 years and I trust them).</p><p><br /></p><p>[ATTACH]124955.vB[/ATTACH]</p><p><br /></p><p>I know this is a bit of a risk, but honestly I thought the coin looked really nice (very clean) and I loved the brick red-brown color.&nbsp; I actually thought it looked TOO GOOD, which is why I thought it might be artificially toned.&nbsp;&nbsp; If it is re-toned, whoever did it did a nice job.&nbsp; If it comes back from PCGS as &quot;Genuine, Not Gradable&quot;, I probably have maybe $700 of potential downside.&nbsp; But could have some good upside if PCGS grades it.&nbsp; </p><p><br /></p><p>This was the original ad for the coin:</p><p><br /></p><p>[ATTACH]124888.vB[/ATTACH]</p><p><br /></p><p>I am hoping for a grade of PF65RB with this (I think it has a shot), but have to keep the possibility of a Genuine details grade in mind. I asked the seller why it wasnt graded, and this is what the seller said:</p><p><br /></p><p><span style="color: royalblue">&quot;Thanks for your interest in my coins, and for asking all of these questions in advance.&nbsp; To help make sure I address every one of them, I&#039;ll answer them in order.</span></p><p>&nbsp; </p><ul> <li><span style="color: royalblue">I haven&#039;t sent this coin in for grading just because I&nbsp; &nbsp; &nbsp; don&#039;t feel like dealing with the headache.&nbsp; Every time I send a group&nbsp; &nbsp; &nbsp; of Lincolns in, it seems like I put out $300 and only a few of the coins&nbsp; &nbsp; &nbsp; grade out correctly.&nbsp; Then I have to send the rest back in again with&nbsp; &nbsp; &nbsp; another group to see PCGS grade them differently a second time around,&nbsp; &nbsp; &nbsp; still with at least half of the group having ridiculous results that often&nbsp; &nbsp; &nbsp; contradict the first opinion and make no sense to me.&nbsp; So a few years&nbsp; &nbsp; &nbsp; ago I just said the heck with it and decided to focus on mostly raw coins.&nbsp; &nbsp; &nbsp;&nbsp; I figure I can sell them for less than certified coins and let&nbsp; &nbsp; &nbsp; someone deal with getting them graded.<br /> </span></li> <li><span style="color: royalblue">One reason matte proof collectors like to buy them&nbsp; &nbsp; &nbsp; certified is because they want to make sure they are getting a matte proof&nbsp; &nbsp; &nbsp; and not a $50-$100 business strike.&nbsp; Many people cannot tell the&nbsp; &nbsp; &nbsp; difference themselves, and like to have the guarantee from a grading&nbsp; &nbsp; &nbsp; service.&nbsp; I happen to be one of the few dealers out there who&nbsp; &nbsp; &nbsp; actually use the microscopic diagnostics to identify matte proofs, rather&nbsp; &nbsp; &nbsp; than simply making the claim that &quot;it must be one.&quot;&nbsp; These&nbsp; &nbsp; &nbsp; diagnostics--small areas of die polish and other mint-made&nbsp; &nbsp; &nbsp; imperfections--identify the proof dies and are definite evidence of a&nbsp; &nbsp; &nbsp; matte proof.&nbsp; These are the same diagnostics the people hired by&nbsp; &nbsp; &nbsp; grading services are taught to look for, and anyone can see them with&nbsp; &nbsp; &nbsp; proper magnification and lighting.&nbsp; </span></li> <li><span style="color: royalblue">If you bought the coin and submitted it to PCGS or any&nbsp; &nbsp; &nbsp; other grading service and it came back as a genuine matte proof, you are&nbsp; &nbsp; &nbsp; correct that it would not be returnable based on the grade or lack of a&nbsp; &nbsp; &nbsp; grade not meeting your expectations.&nbsp; I have no way of predicting or&nbsp; &nbsp; &nbsp; guaranteeing what PCGS will grade a given coin on a given day, and chances are it will&nbsp; &nbsp; &nbsp; grade 3 different ways if submitted 3 different times.&nbsp; </span></li> <li><span style="color: royalblue">I sell mostly raw coins.&nbsp; I usually have a slabbed&nbsp; &nbsp; &nbsp; coin or two in the mix.&nbsp; These are coins I received slabbed, since I&nbsp; &nbsp; &nbsp; don&#039;t deal with that process myself anymore.</span></li> <li><span style="color: royalblue">I have had this coin for about a year.&nbsp; I actually&nbsp; &nbsp; &nbsp; bought it from a gentleman from whom I bought one other 1912 matte proof.&nbsp; &nbsp; &nbsp;&nbsp; He was selling off coins that had been collected back in the 1940&#039;s and&nbsp; &nbsp; &nbsp; 1950&#039;s.&nbsp; The other 1912 was a rainbow toned one&nbsp; &nbsp; &nbsp; that ended up grading out as MS63 RB for my customer. It had a few spots&nbsp; &nbsp; &nbsp; and a large grainy area on the coin, and actually graded out about right.&nbsp; &nbsp; &nbsp;&nbsp; That shouldn&#039;t make for any guarantee that this one will also, but&nbsp; &nbsp; &nbsp; it should be nice to know.&nbsp;&nbsp; </span></li> <li><span style="color: royalblue">I&#039;ll also let you know that I personally think this&nbsp; &nbsp; &nbsp; coin is original.&nbsp; If I did not, I&#039;d gladly mention it, as I did for&nbsp; &nbsp; &nbsp; the other 1912 MPL I have up for sale on my website.&nbsp; I don&#039;t like&nbsp; &nbsp; &nbsp; the idea of overgrading or hiding problems I am aware of. I want to have&nbsp; &nbsp; &nbsp; happy customers who come back and refer their friends, rather than trying&nbsp; &nbsp; &nbsp; to make a little more from one time sales.&nbsp; &quot;<br /> </span></li> </ul><p>This stuff sure makes for an interesting drama!&nbsp; Thanks for all the feedback from coinguy and lkeigwin on this. I will let you all know what happens.&nbsp; Hopefully after all the false starts, this will be my first MPL.[/QUOTE]</p><p><br /></p>

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