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<p>[QUOTE="Owle, post: 1412321, member: 22004"]I spoke with an elderly gentleman who had bought an uncertified 1795 Flowing Hair dollar at an auction for $4000. He sent it to NGC, it came back VF details, scratched. I told him maybe he should try it at PCGS. The two scratches were old, and the humbling experience left him saying he just wanted to get his $4000 back on the auction purchase....I doubt he will be so lucky. No doubt the auctioneer knew what he was doing selling the coin raw.[/QUOTE]</p><p><br /></p>
[QUOTE="Owle, post: 1412321, member: 22004"]I spoke with an elderly gentleman who had bought an uncertified 1795 Flowing Hair dollar at an auction for $4000. He sent it to NGC, it came back VF details, scratched. I told him maybe he should try it at PCGS. The two scratches were old, and the humbling experience left him saying he just wanted to get his $4000 back on the auction purchase....I doubt he will be so lucky. No doubt the auctioneer knew what he was doing selling the coin raw.[/QUOTE]
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Over paying at coin auctions
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