Good Deal | 1951 Cent PF69

[Guest]

Here's a Coin that is worth collecting with a great value. See the link:

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=320824289774

[RWBILLER]

Yup wish it were mine and in a pcgs holder.
Rog

[liveandievarieties]

I've learned a lot about mint state grading, but I can't really tell the difference between a Proof-69 and a
Proof-66. http://www.teletrade.com/coins/lot.a...=3136&lot=1136

But honestly, I think I'd rather keep the $975 difference.

Out of curiosity Lucien- where is the value in that one?

[copperlover]

Chris I have to agree with you on this. Why pay that much if you are not building a top notch set. The astute collector could buy several other coins with the difference. This is recommended by a few of the professional collectors. Thanks for raising that point.

Lucien

[DoubleYou]

I think you would be able to tell the difference with better pictures. The coin on ebay has 20kb jpeg images in use, and you really can't get that much detail out of 20kb.

[liveandievarieties]

In hand Wendell- the differences between a high grade proof and ultra high grade are almost imperceptible.

[coppercoins]

I honestly don't think so. If you give me a PF66 and a PF69 I could easily tell you the difference.

The real difference in the value - that's a matter of people playing the registry game who have deep pockets.

[Amadauss]

My question is why would the person selling this, post this in his explanation of the coin:

The pictured coin is the exact item you will receive. We strive to take the most accurate photos of our items because we believe grading is very subjective. That is why we leave the final determination of the condition and grade of the coins to you, based on the pictures provided. This coin would make a great addition to any collection.

I am really trying to understand his meaning here. He has a coin slabbed with a PF69 so that should say enough as it were but then he says they take the best photos which is not the case because you really cannot zoom in on the coin, but then says we leave final determination to you of the condition and grade which is telling me he doesn't believe the grade? And you the buyer are going to have to grade it with what you see in these not so great pictures. Sounds like I am reading something a lawyer or politician would write.

[thecentcollector]

Buy the coin, not the slab. He's actually leaving the decision to you to find if it's a fair deal or not. He actually seems half-honest by saying that. Most other guys would just throw it at you as "here it is". At least he's letting you know, "Hey, it's graded PF69, but if you feel it's not, then the opinion is valid".

[coppercoins]

Amadauss - The reason for that wording in the auction description is very likely because they use a template with script for every item, slabbed or not. They disclaim everything no matter what - probably because of complete idiots they've had to deal with in the past. That was the main reason I gave up dealing on eBay - that and the ever-increasing fees.

[copperlover]

I took a look at the reverse of the coin and was not impressed with the strike.

Lucien

[liveandievarieties]

They disclaim everything no matter what - probably because of complete idiots they've had to deal with in the past.

Agreed! Any eBay seller who's been doing it for a while has learned the hard way that they must explain that the occasional roll can have a coin that has spots or some other kind of imperfection. After arguing with an idiot who says he bought a 70-S large S over small S from you, that he doesn't know what RPM #1 means... (true experience). Far too many people fail to educate themselves, expect perfection in what isn't realistic. A roll of cents from 1946 isn't going to look the same as your roll of shield cents.

You have to state that the buyer MUST examine the photos and understand they're getting the exact coin pictured. Recently, I've even changed my return policy to no reuturns on slabbed coins or rolls. More and more often, people are increasingly unreasonable. I'm a small coin dealer, not Walmart.