Just came across this video on YouTube and although it was entertaining, it made me cringe multiple times. Some of the coins the person was calling really really nice were obviously cleaned. Several coins had obvious large scratches. He did score on a couple of them with a 63 and 64 grade. I guess that’s what happens when you have more money than sense.
Where is he buying this stuff? How can you buy problem raw gold and still land on your feet with a profit after the grading fees? It’s like he’s buying some coin collector widow’s collection at cheap prices. Most of the close-up photos were overexposed which hid the problems. The vertical hairlines from cleaning on the $2.50 Liberty were plainly obvious as was the obverse scratch on the $2.50 Indian and the reverse scratches on the 2.50 Liberty. He gives a totally false impression when he buys coins, pays the grading and shipping fees, gets back half the coins in “details” holders, and still makes a couple thousand bucks! If only this business were that easy!
Melt on the quarter eagles is $226. I don’t see those damaged ones selling for $450, especially the harshly cleaned and severely scratched one.
I believe this SilverPicker used to post on the CoinTalk forum. I called him out on his supposedly “$1,400 type set” consisting of common date, heavily circulated or damaged coins in which his legions of ignorant fans defended him against my criticism. I don’t see any Trade dollars, Seated Liberty dollars, 20 cents, or gold pieces so there’s no way his Dansco album is worth $1,400
everyone wants their 15 mins of fame and there are people who thinks these types of people are good for the hobby
