1797 Draped Bust $1 NGC AU-50 . . . Counterfeit or Stolen Coin?

[Toad]

Howdy peeps,

 

This is the Ebay listing:

 

http://cgi.ebay.com/1797-1-Draped-Bust-Dollar-NGC-AU50_W0QQitemZ270392191353

 

The problem with this is it comes to us from a well known scammer "stv2coins" and we (CFE Members) are concerned it's either a stolen coin or a counterfeit, so I figured I'd post it here and hope someone can shed some light on this, since there can't be that many 1797 AU-50 Draped Bust Silver Dollars floating around.

 

Ribbit

[bartlesvilleok]

At first I was wondering who in the heck would bid over $1200 on a coin from a guy with a feed back of ZERO. Then I saw that the feedback on the buyer is only 16. Makes me wonder if they guy is bidding on his own stuff to up the price.

[Toad]

At first I was wondering who in the heck would bid over $1200 on a coin from a guy with a feed back of ZERO. Then I saw that the feedback on the buyer is only 16. Makes me wonder if they guy is bidding on his own stuff to up the price.

 

We've coined a term for peeps like that - Bidiot! We see it all the time. Look at this one:

 

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&ssPageName=STRK:MEWAX:IT&item=200341605572

 

Ebay is full of Bidiots.

 

Ribbit

[123cents]

Horrible photos, zero feedback, and covers up the certification number....If that doesn't spell disaster.... I give up!

[MarkFeld]

It's difficult to get a decent look at the coin, but my (strong) guess is that it's counterfeit.

[Bugmann1974]

Its interesting how they took this picture...

 

It looks like they taped the pink peice of paper onto a computer screen that is showing the picture of the coin!

[Bruceswar]

It's difficult to get a decent look at the coin, but my (strong) guess is that it's counterfeit.

 

But it is almost tempting to put a bid on.

[Bruceswar]

Its interesting how they took this picture...

 

It looks like they taped the pink peice of paper onto a computer screen that is showing the picture of the coin!

 

Now that I look again you are 100% right... hmm

[prudden]

Its interesting how they took this picture...

 

It looks like they taped the pink peice of paper onto a computer screen that is showing the picture of the coin!

 

 

Wow.That's a great piece of detecting!! I'll bet he's selling a coin he doesn't even own.

[Bugmann1974]

Ya think?

[James_OldeTowne]

The image is intentionally out of focus and misleading, yet I get that uneasy gut feel that the coin is fake. It just doesn't look right, even "interpreting" the picture.

[Toad]

Its interesting how they took this picture...

 

It looks like they taped the pink peice of paper onto a computer screen that is showing the picture of the coin!

 

That is interesting and nice catch! (thumbs u The reflection in the upper lefthand corner is of a car. It could be a pic of a computer screen or it could be a pic of a glossy 8X10. But whatever it is, it isn't a pic of the actual coin so this could be a stolen pic situation, rather than a stolen coin.

 

It will still be interesting to watch to see the outcome.

 

Ribbit

[prudden]

Ya think?

 

As opposed to a counterfeit.Yeah.

[BillJones]

I vote counterfeit. The picture is lousy for a reason, and from what I can see of it, I’d say that it has “C” mint mark. That can stand for “Counterfeit” or “Canton” mint. Either way the buyer of this piece of is going to get the shaft.

[Toad]

I vote counterfeit. The picture is lousy for a reason, and from what I can see of it, I’d say that it has “C” mint mark. That can stand for “Counterfeit” or “Canton” mint. Either way the buyer of this piece of is going to get the shaft.

 

Looks like the seller got "forked" instead! Ebay pulled the listing.

 

Ribbit