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Everything posted by markflorida
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As others have said try a better picture or drop into a local coin show or coin dealer in your area and get a second point of view to see if how much the cloak frosting is with curl on neck. It is a wonderful looking coin, well done. If you are miles from a dealer LCGS will determine this for you, its worth sending it to them for verification.
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Not always is the seller an idiot. He could simply be selling off grand dads coins and grandad wrote VF in the book or on the envelope. Not everyone has your knowledge, take it for what it is and the images ignore the grade the seller gives. It is low cost and would make a good filler for you.
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Todays fake seller, he has 9 gold coins all fake. he sold one for over £900 two weeks ago. I reported it and eBay did nothing. Shameful. Now he is thinking he is onto a good thing he is listing more https://www.ebay.co.uk/itm/pcgs-gold-coin-1912-scrap-gold-14-8G/142724483051?hash=item213b0ac7eb:g:hbQAAOSwC81aquAV
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Coin Conservation / Restoration. Is it cleaning?
markflorida replied to markflorida's topic in Free for all
Value wise there is a lot more to say. A cleaned coin will get 40% less than an uncleaned coin. On big ticket such as £12,000 coins thats a lot less value.If we buy a coin in a slab and it does not say anything how does a buyer know if it has been restored or not? It is ruining our industry.- 20 replies
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Coin Conservation / Restoration. Is it cleaning?
markflorida replied to markflorida's topic in Free for all
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The worlds three top grading companies all offer a restoration service. PCGS call is "Restoration service', NGC call it "Conservation", ANACS call it Conservation and strongly deny its a restoration service. They all claim that they remove harmful contaminate from coins to protect the surface. They all state they do not clean the coins they simply remove surface particles including glue, stains, hazing, dip, corrosion and PVC residue. Here is a before and after picture of a US 5 cent shield nickel from NGC I have been in the industry since I was 10 years old and after over 40 years still heed my grandfathers advice "Never clean a coin, you don't own it you are just a caretaker until it is sold onto another generation". I am not sure how I feel about this. All three companies will (Unlike Mickey Mouse graders like ICG or CGS) spot a cleaned coin, I find it hard to explain the difference between cleaning and conservation to my customers when I don't really understand it myself. Worst still, once they are conserved/restored they are then graded with zero mention of this. This does not seem right to me or am I just old fashioned?
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Todays fake offerings. https://www.ebay.co.uk/itm/pcgs-gold-coin-1908/142721858862?hash=item213ae2bd2e:g:VBwAAOSw-NFaqXVk https://www.ebay.co.uk/itm/pcgs-gold-coin-ms63-1910/142721765006?hash=item213ae14e8e:g:29sAAOSwWmNaqVoO https://www.ebay.co.uk/itm/pcgs-gold-coin-ms63-1882/142721771765?hash=item213ae168f5:g:vJAAAOSwTOtaqVuG https://www.ebay.co.uk/itm/pcgs-gold-coin-ms63-1925/142721805943?hash=item213ae1ee77:g:cyIAAOSwWGxaqVzg Ok, everything that seller above has just listed is fake. https://www.ebay.co.uk/itm/1894-PCGS-MS63-one-silver-dollar/112866173987?hash=item1a47592423:g:D8kAAOSwbc5ap53r
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Surely its just a button
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I think you are right. They will reslab for free if it is sent in again, they call it a mechanical error. I suppose thats better than "Oops', We screwed up"
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Reported. We will see if it run the full auction or they take it down
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This is a table I use for my customers and myself. It is not 100% perfect between the grades but as good as I can determine. (Sheldon Scale is the 70 point grading scale that was created by American Bill Sheldon) and is what is used in the United States and around the world now. CGS Numerical Grade Average Raw UK Grade Average Standard USA Sheldon 100 FDC MS70 99 FDC MS70 98 FDC MS70 97 FDC MS70 96 FDC M69+ 95 FDC MS69 94 AFDC MS68+ 93 AFDC MS68 92 AFDC MS67+ 91 AFDC MS67 90 NFDC MS66 88 BU -NFDC MS65+ 85 Choice UNC - BU MS65 82 Choice UNC MS 64+ 80 Choice UNC MS 64 78 UNC MS 63 75 UNC or near so MS 62 70 AU MS62 65 GEF MS61 60 EF AU58 - MS60 55 NEF AU55 50 GVF AU55 45 GVF AU 53 40 VF AU 50 35 NVF XF 45 30 GF XF 40 25 GF XF35 20 F XF30 15 NF XF20 10 VG XF15 8 VG VG10 5 GOOD VG8 4 FAIR G4 3 FAIR G3 2 FAIR G2 1 FAIR G1
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Good spot. Thank you for posting
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You are welcome. I wish people would do research before they buy, why would you buy a coin on eBay with low feedback or in the case zero feedback. Their is enough big sellers on eBay with feedback in the tens of thousands selling coins who are respectable.
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Victoria Penny 1844 Double date
markflorida replied to interNumi's topic in British Coin Related Discussions & Enquiries
Regardless of double strike, it is an amazing looking coin, the tone is pretty awesome -
Hi Paddy. Yes sir, the cert number matches. 1st Red flag it is a Key date Genuine 2nd, A newbie seller with a key date 3rd, The coin is too clean. It has most certainly been cleaned and would only be graded as Genuine or VF details cleaned. 4th, The date numbers are too small and wide. 5th, It would be AU50 at worst, so its down graded so the unsuspecting buyer thinks he is getting a good deal. 6th, The obverse label is too small for the holder and is not stuck down. The image here is a Genuine VF25 Morgan and graded as such, the eBay listing is a better grade and clearly cleaned. This is more than enough red flags. I hope this helps Paddy Fake piece of animal waste on eBay for sale
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If you can use eBay use it. 1000's of collectors and dealers buy from eBay. I often have lists of 'Wanted-Coins' from my customers and search eBay for them. It gives you the chance to get a better price as someone may pay more if they are looking for it. Only use PayPal and stick to the eBay rules dealing and communicating through eBay only and you will come to no harm. If you post out, only use the Paypal address and get a signature. Good luck
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This alone tells me he has no integrity.
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Todays latest fake graded coin https://www.ebay.co.uk/itm/1889-CC-PCGS-VF25-one-silver-dollar/263537115257?hash=item3d5c094079:g:kCIAAOSwUoxaoATU
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https://www.ebay.co.uk/itm/1893-S-PCGS-XF40-one-silver-dollar/112853078913?hash=item1a46915381:g:XdUAAOSwa-VansZj New Fake coin listed today. The cert number is for a Chinese coin, the coin actually looks like a polished coin and would never get graded like this. Sadly because it is a key date someone will bid on it and get ripped off.
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It is not just the ref numbers, look at the up close, they are fake.
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3 x Gold fake coins listed today on eBay. sadly plenty of bidders. I have reported them but sadly eBay have got so slow I doubt they will do anything https://www.ebay.co.uk/sch/moreforyou10/m.html?item=112842342985&hash=item1a45ed8249%3Ag%3Ah2IAAOSwkNpagdp1&rt=nc&_trksid=p2047675.l2562
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I am jumping in now on this discussion as I feel it is relevant. I recently broke out 4 x CGS coins. All graded from 80-96. I submitted them to NGC (Why because I am guaranteed to get more money at auction with NGC or PCGS than CGS or LCGS, I don't apologize for this, I am a dealer as well as collector and need to put food on my table). The CGS 80 came back "AU Details Cleaned". Because of CGS slack grading I lost money on this coin . The others came back between MS63 and MS65. I suspected they 96 was overgrazed by CGS and I was correct. The grading by a world recognized grading company will cove rtes grading costs and the loss I made on the cleaned coin. I am other dealers will always bid more on big ticket auctions for PCGS or NGC graded coins. When I think about it I should not be surprised. LCGS are really just dealers like many others. They have their own grading service and they use it for coins they sell, so it's the police, policing the police. This is why we use grading companies such as PCGS or NGC. They are in the business of grading coins and make money certifying coins and not selling them. LCGS are in the business of selling coins and as a side line offer a grading service. When you consider some coins can jump sometimes tens of thousands for one grade, does LCGS really have the coin collectors best interest at heart? While I like the Sheldon scale, I also see nothing wrong with LCGS 100 scale, but with my hand on my heart can not trust LCGS to do the right thing for a coin collector. One other point, the CGS/LCGS slabs are crap, they don't fit in proper holders, are hard to stack of you like me travel with 50-80 graded coins in my brief case, but its a moot point. If you are a CSG graded coin collector, one day you or your next of kin may wish to sell them. They/you may have to sell them in one go and contact a dealer or place them at a large auction house like Heritage Auction/ Stacks & Bowers. Bidders will not the grading seriously and the final hammer price will be much lower. Knowing this I wonder why people waste money on LCGS service?
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That is a beautiful looking coin.