Won the 1921-D Walking Liberty.. Deeper Analysis

You'd be surprised...

 

Log in or Sign up to hide this ad.

I'm going through the feedback now. Let's see what happens.

 

If you want to see some of the bad ones, just go to toolhaus.org
It will take a while to load all those negs.

 

Yeah I know, I have toolhaus favorited. Thanks

 

Sorry but Doug and other members are guilty of telling the truth.
The buyer and the seller are also guilty of not knowing how to grade this coin.
PCGS would probably bump the grade to VG because of the date but It's really just a good in my mind. Buy the coin, send it in and lets see where it lands.

 

BNB I think that you will find that I am neither rude nor do I profess to know it all. I think I am very considerate in my posts. Admittedly at times Doug can sound cold and harsh, this is not as much his true intent as it is the fact that he merely has his own way of stating his mind and he certainly doesn't sugar-coat anything.

That said, you asked for our thoughts and we gave them. You then took them personally because you disagreed with what we said.

In the overall picture, you paid a small premium over what the coin would sell for IMHO. G-6 1921-D walkers go for around $250 or a bit more. If the coin is as it appears in the picture, and not worse, then you did ok.

But do yourself a favor and familiarize yourself with the grading standards before you buy a coin. The standard is very clear on this coin. It needs complete rims for VG. End of story. Had this coin been a choice Fine then you would have quite a coup on your hands as you would have purchased it for about $200 less than it's general price in the marketplace.

From a grading standpoint had this coin been a Fine, on the reverse it would have more wing detail, and on the obverse the body would be rounded not flat and the breast would be more detailed.

I hope that this helps and that you receive what we say here as the knowledge of experience. We have no dog in this fight, we are merely sharing our opinions as you asked us to do.

I will also give you this bit of wisdom from someone who specializes in 20th century key date coins: Many key date coins will grade a little bit looser than non-keys. This merely influences what the slab will say, it generally will not influence what a dealer will pay. As I said in my original post, "It is what it is".

 

BNB

I understand your thought that 99.8% positive feedback should mean something but it doesn't because most EBay buyers that are purchasing raw coins will hesitate to give negative feedback. It is really the 0.2 % negatives you should look at. Run them through Toolhaus and check out the negatives in the last month alone. Some might be unreasonable buyers but the comments would make me wary.

In my opinion, Great Southern is a high volume seller with grades and photos that you should be very skeptical about. I think the Dutchman's assessment is spot-on although that is JMO.

You may end up with a good coin when it comes (I think it is between a G4 and VG8) but check it over closely before sending it to a TPG.

Good luck. People around here are trying to help.

 

Here's the Negative feedback: Negative/Neutral Feedback received by greatsoutherncoin seems they have been accused a few times for over grading, plus one counterfeit.

 

My friend...do not take that the wrong way...I have been here a very long time and Doug shoots straight from the hip..even if you dont wear a Big Hat and Dark Glasses..
He is truly an expert.... I bet he reads this and gets back at me...

Best of Luck and welcome to the forum by the way!! I dont get to coins as much anymore...LOL


RickieB

 

BnB I did a search for NGC graded coins and couldn't find any graded VG10 that had missing rim. One I found that barely had a rim that went VG8 but it did touch the letters in LIBERTY.

If you can you might want to cancel the purchase as i don't think you will be happy with the grade you get. You seem to be expecting Fine but I have to honestly said I could see it going ether VG8 because it is a nice coin or even one lower G6 due to the rim.

If it goes G6 those sell for $220 graded which would not be even close to what you want so is it worth that risk?. VG8 I see $280 to $340 which is still under what you paid.

You did pick a nice clean coin though, so you get credit for that it is just a deceptive coin as the rims are worse than the surface wear shows perhaps. BTW if that dealer you bought it from thinks it is a Fine then ask him to show you an NGC or PCGS graded coin that looks like that. That seems to be a fair question.

http://www.teletrade.com/coins/lot.asp?auction=2756&lot=1818&imagetype=j2

I just don't see the grading fee, shipping costs, and all the rest being worth it over this coin unfortunately.

 

But you originally said you liked it...

Now you don't? Or was that somebody else. Do you have someone who has a similar username as you? Centdime?

Ugh, I buy based on a lot of your recommendations.. Next time please, we need certainty because this is costing me $350 and it was because I "listened" like some of you say I don't do here, to one of your most respected forum members, Centdime I believe(If it was someone with a name like yours I stand corrected).

Man am I so angry that I am even considering contacting my lawyer over this because I don't think GSC should be in business if a lot of you believe they are here to deceive. With the volume they do, they should be ashamed of themselves for misstating grades. It's baloney. They could doctor, shine, photoshop, whatever their coin photos to make them look like something they are not.

Because of this, I would like to consider filing a suit (with anyone else who is interested) against GSC. Am I wrong to do this?

This company shouldn't even be doing business if this is what they are getting away with. Complete and utter bollocks!

 

Doug I don't think you are picking on me but I love when people give me pro's and con's not just con's. Our world is too negative, too much doom and gloom out there and I came to CT(stumbled upon CT) and found so many nice people who were so beautiful in the way they spoke. If I tell you your coin is a "x" and I'm as good as you are, I will also tell you good things about the coin too just so you don't think I'm crapping on it.

I'll take a look and I am one to apologize when necessary so I will give this a good night's look and I'll get back to you either here or PM next week when the coin actually comes.

 

He's the main pro in your story, you plaid less than VG money for a coin that is less than vg in quality, so your price is in line with the value of the coin more or less.

 

Thanks , please check your PM. Urgent. Thanks

 

Are you being serious? So you see a coin that is beaten up, cleaned, and basically ripped to shreds, and then what do you say "Oh well at least you got a good price"

C'mon now! Opinions are opinions, if I say your coins looks terrible, I'm not going to go out of my way to give you PRO on your coin, unless I know and the owner of the coin knows, it is meant to be funny.
You can have opinions on coins, you don't have to make everybody happy. I get a CON on my coin from one person, okay whatever, I don't expect a PRO from them, and you shouldn't either.
Say what you mean and mean what you say, no need to make everybody like you just because you went against what you really thought about their coin, and said it was nice, even though it looked terrible and they overpaid.

 

Thats what I like about you Doug...never a dull moment!

To see that glaring eye at 100x just might be the scariest thing I ever did see!!

RickieB