This was a great auction win for me. Sometimes I see things listed for way less than they're worth and I bid a small amount just for the heck of it, knowing that I will be outbid. But once in awhile, one slips through. That was the case with this one: http://www.ebay.com/itm/FOUR-AUSTRA...=&orig_cvip=true&rt=nc&_trksid=p2047675.l2557 Note the two silver shillings. I calculate that at more than $10 worth of silver for $2. Maybe it will help to offset the amount I've had to overpay to outbid people on other Australian coins I need for my collection.
It is likely because auction has some red flags people stayed away from it: out focus pictures and no return accepted. Often those are were you can find bargains', risk vs reward ratio i suppose.
True, but it seems hard to see how this could go wrong. It's not a type of coin that is likely to be faked and the price is so low it isn't worth it. Plus the seller didn't seem to really know what the coins were, because he didn't know the denomination on the 1 cent coin. My only worry is that he won't send it because it sold for so little, so we'll see.
Nice lot HD. I prefer the images that were on eBay. There was a sense of the mysterious there. :yes: Now...there just savagely raw.
BTW: Who or what started naming certain coins raw? Also, why do sellers who claim not to be knowledgeable about coins use the term "raw" and where did they get this term from?
I won something similar with Japanese yen. For some reason, the seller sold 3 "100-yen" coins in a lot of "seven Japan coins," but when I looked at them, two were 500-yen pieces. I bid what would have been well over the exchange rate, and ended up winning 1100 yen plus an old mon coin, two one-yen coins and a 50-sen piece for $4.81 + $1.81 shipping.
Raw = ungraded / unslabbed. It's a deceptive marketing term borrowed from the sportscard market, I believe. I think PSA uses the term "raw" for defining all cards submitted prior to grading. It's possible PCGS uses the same terminology.
the rating the guy has probably makes him almost invisable.i do what you do also and it works sometimes.
Raw is deceptive marketing? Really? I prefer it to the TPGs marketing terms of "First Strike", which would suggest to some it's the very first coin struck with the new dies, & "Early Release", which suggests it was released prior to the official release date set by the Mint.
