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<p>[QUOTE="Dnas, post: 7485727, member: 93707"]I've been looking at the prices of Japanese silver 1 yen coins on ebay. I've noticed that good UNC slabbed and graded coins (PCSG & NGC) have been selling for around $400-$600. (usually MS61-MS64)</p><p><br /></p><p>I've noticed that some sellers in Japan have latched onto this, and are trying to sell genuine slabbed coins for WAY too much(buy now). These sellers sell a variety of goods, including Japanese antiques, etc.</p><p>But clearly, they know nothing about coins. Here are some examples:</p><p>[ATTACH=full]1295011[/ATTACH] </p><p><br /></p><p>[ATTACH=full]1295014[/ATTACH] </p><p><br /></p><p>These two coins are about as common as each other, but the MS61 is over $6000 USD, while the MS63 is $2000. Nobody would buy either. </p><p><br /></p><p><br /></p><p>BUT what is WORSE, is that they appear to have been acquiring good 1 yen coins, and sending them to PCSG, after CLEANING them!!! And yet they don't know that cleaning destroys the value of the coin, just aside from wrecking a good coin. They also don't know that XF is worth a lot less than AU or UNC.</p><p><br /></p><p>$5930 for a cleaned XF:</p><p>[ATTACH=full]1295012[/ATTACH] </p><p><br /></p><p><br /></p><p>Ruined:</p><p>[ATTACH=full]1295013[/ATTACH] </p><p>[ATTACH=full]1295016[/ATTACH] </p><p>[ATTACH=full]1295017[/ATTACH] </p><p>[ATTACH=full]1295018[/ATTACH] </p><p> </p><p>Ruined a rare Yr7 1874.</p><p>[ATTACH=full]1295015[/ATTACH] </p><p><br /></p><p>Somebody needs to tell these guys to stop ruining coins!!![/QUOTE]</p><p><br /></p>
[QUOTE="Dnas, post: 7485727, member: 93707"]I've been looking at the prices of Japanese silver 1 yen coins on ebay. I've noticed that good UNC slabbed and graded coins (PCSG & NGC) have been selling for around $400-$600. (usually MS61-MS64) I've noticed that some sellers in Japan have latched onto this, and are trying to sell genuine slabbed coins for WAY too much(buy now). These sellers sell a variety of goods, including Japanese antiques, etc. But clearly, they know nothing about coins. Here are some examples: [ATTACH=full]1295011[/ATTACH] [ATTACH=full]1295014[/ATTACH] These two coins are about as common as each other, but the MS61 is over $6000 USD, while the MS63 is $2000. Nobody would buy either. BUT what is WORSE, is that they appear to have been acquiring good 1 yen coins, and sending them to PCSG, after CLEANING them!!! And yet they don't know that cleaning destroys the value of the coin, just aside from wrecking a good coin. They also don't know that XF is worth a lot less than AU or UNC. $5930 for a cleaned XF: [ATTACH=full]1295012[/ATTACH] Ruined: [ATTACH=full]1295013[/ATTACH] [ATTACH=full]1295016[/ATTACH] [ATTACH=full]1295017[/ATTACH] [ATTACH=full]1295018[/ATTACH] Ruined a rare Yr7 1874. [ATTACH=full]1295015[/ATTACH] Somebody needs to tell these guys to stop ruining coins!!![/QUOTE]
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