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<p>[QUOTE=&quot;kardinal825, post: 2951891, member: 87321&quot;]The 1909 S VDB Lincoln Cent</p><p><br /></p><p>It was my significant other&#039;s idea on a day we were supposed to just go shopping for other things.</p><p><br /></p><p>There is a coin I&#039;ve been looking at for a few months now, the 1909 S VDB Lincoln Cent. On eBay it appeared to be going for over $800 easily for a VF coin graded. </p><p><br /></p><p>It is a very reputable store, been around for decades. It probably has well over a couple of million dollars of merchandise, coins, gold and silver bullion, and other things, for sale. This was only the second time I had been there in the last couple of years. </p><p><br /></p><p>The young man I spoke with when I first entered was very nice. When I told him what I was interested in he told me the store had a few. There was at least one on display that was graded, but I don&#039;t remember what the price or grade was, probably over $800. He then asked me if I wanted one graded or ungraded and immediately I told him I would like one ungraded. At some point we also discussed putting the coin on hold with a deposit. </p><p><br /></p><p>He went to another part of the store and came back with a tray of coins and my eye caught one for $595. He gave me a loop to look at it and kindly reminded me how to use it properly. </p><p><br /></p><p>Remember, going to this store was all on the fly, and I really wasn&#039;t prepared to do any of this. However, we got this far and I figured I could maybe do something now. </p><p><br /></p><p>I looked at the coin closely, not really knowing what to look for, but it appeared to have all the proper characteristics for the coin. The date and mintmark were clear, and I remember the VDB on the reverse being clear, but I don&#039;t recall whether I could read the periods next to each letter. </p><p><br /></p><p>The low price and condition were the selling points for the coin, and the clerk really didn&#039;t try to push it on me in any way. </p><p><br /></p><p>Now comes the tricky parts of the transaction. </p><p><br /></p><p>I agreed to put $200 down with the hope of paying off the balance 6 months down the road. He told me right away that it was too long a time to hold something of this nature. He wasn&#039;t sure how long they could hold it for and called his manager over to get a date. She agreed it was too long and said that the balance would have to be paid off by 30 days or I would lose my deposit. I have lost money on deposits before but that was a long time ago.</p><p><br /></p><p>I knew this made sense from the store&#039;s point of view but still wasn&#039;t comfortable with it. Still I committed to the deal since I really wanted this coin and I have a feeling they are going to be much harder to find in the future. </p><p><br /></p><p>Of course when I got home I had to do more research on the coin. And of course one of the first things that came to me on the internet about this coin were counterfeits. I didn&#039;t have a clue about this when I was in the store and now I am more anxious about the transaction. I could now go back to the store with my new knowledge about the coin (different mintmarks and a proper V.D.B. stamp) and re-evaluate my situation, and I&#039;m sure they would be willing to work with me to make sure I get what I want, but I still don&#039;t like that I put myself into this situation.</p><p><br /></p><p>No, I don&#039;t blame my significant other. </p><p><br /></p><p>So, I&#039;m asking for any information anyone might want to offer (don&#039;t buy on impulse, do your research, how to make big purchases easier, should I start with smaller purchases at any coin store, reputable or not). </p><p><br /></p><p>Also, when it came time to exchange money, the young man said the store would only accept cash. This kind of threw me as an unusual store policy, even for a coin store (I wanted to pay with a debit card). A part of me knew this would be the time to get out of the deal if I really wanted but I also knew that I could cover the cost, so I did. </p><p><br /></p><p>That was 6 days ago. I&#039;m sure that when I follow up with completing this transaction that all will be well in the end. I will have a legitimate coin that I want in my collection and I will return to this store for future purchases. </p><p><br /></p><p>Just wanted to share my experience and solicit for any advise I may be able to use in the future. </p><p><br /></p><p>thanks.[/QUOTE]</p><p><br /></p>

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