Valuable Morgan Card.....whew

Discussion in 'US Coins Forum' started by Robert, Dec 22, 2004.

  1. Robert

    Robert New Member

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  3. pcrdnadave

    pcrdnadave Senior Member

    And S/H/I of only $6.50. You wouldn't want to send such a valuable piece through the mail with out insurance. :D

    It looks like a newbie or a shill bidder went crazy and then a couple of suckers bid on it without reading ANYTHING. Wow.

    The current high bidder has bought from this "fair trader" before. One would hope that the seller would pull the auction.
     
  4. Ed Zak

    Ed Zak New Member

    Wait tell the buyer receives just the card and finds out that they didn't get a coin with it!
     
  5. GDJMSP

    GDJMSP Numismatist Moderator

    The seller likely knows exactly what he is doing - and I imagine the bidders do too. For with that card - you could take a $200 GSA coin, remove the coin, replace the original GSA coin and place a low grade '79-CC into the GSA holder with the card you just purchased - and then sell it for about double or triple what it all cost you. :eek:
     
  6. cush66

    cush66 New Member

    As long as the new buyer doesnt read the card which say "uncirculated specimen". Im sure most wont which is sad.
     
  7. GDJMSP

    GDJMSP Numismatist Moderator

    The coin could even be Unc - and you'd still double your money. That's what is sad.
     
  8. rbm86

    rbm86 Coin Hoarder

    How would one replace the coin without breaking the GSA holder?
     
  9. National dealer

    National dealer New Member


    It isn't that hard to open a GSA holder. Just another old trick used to fool new dogs.
     
  10. rbm86

    rbm86 Coin Hoarder

    But, I'm speculating that it cannot be done without glueing it back together after switching the coins, and presumably this would be detectable by, say, NGC if you were having the coin graded in the holder.

    Are there any telltale signs to look for in detecting a cracked and re-assembled GSA holder??
     
  11. National dealer

    National dealer New Member

    Like anything, detecting opened cases is just a matter of seeing enough real ones.
     
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