what GRADE?

[bigmoneybags-migration]

thanks for the input

[Coindude]

I grade that as "stay away unless you get it for melt". GSC is notorious for selling coins that are way over graded or have problems without being disclosed.

[James_OldeTowne]

AU details, but lightly polished.

 

If it's listed by GSC, assume it's a problem coin.

[Mark T]

At best AU details and most likely cleaned.

http://cgi.ebay.com/1926-2-5-GOLD-Indian-Quarter-Eagle-CH-BU-NEAR-GEM-BU-/280635897610?pt=Coins_US_Individual&hash=item415733f70a

I knew that GSC would list this as a Gem Bu coin. Their grades are meaningless and usually off by at least 3 points. Many of their raw coins have surface issues that are not visible from their juiced up pictures.

I bet you purchased this thinking you would get a MS 63 coin for $ 400.

For the sake of argument that assumes the coin is Au 58 – that puts the value in a certified holder around $300. If it is cleaned it is worth melt.

Chances of you having an MS 62 without surface issues would put the value around $460 certified. Chances of this being a problem free MS 62 coin are very slim. Chances of this coin being better than MS 62 are about the same as me waking up with a full head of hair tomorrow morning, I am bald.

From what I have seen you purchase a lot of raw coins that have issues – why not stick to certified NGC or PCGS coins until you are better are

Grading.

 

 

 

 

http://toolhaus.org/cgi-bin/negs?User=greatsoutherncoin&Dirn=Received+by&ref=home

[Tonto-migration]

 

From what I have seen you purchase a lot of raw coins that have issues – why not stick to certified NGC or PCGS coins until you are better are

Grading.

 

 

 

 

http://toolhaus.org/cgi-bin/negs?User=greatsoutherncoin&Dirn=Received+by&ref=home

 

I agree, when you are buying raw coins on ebay or any auction type website you cannot rely on the photo's to be accurate. Photo's of most of the coins can be easily manipulated to look like a Mint State coin. If you don't remember this, you will get burnt badly. What will happen is you will have a large investment in a bunch of cleaned, polished and problem coins. Not unless you know the dealer personally i would recommend to always buy any raw coin at melt value. And never trust any photo. I only would pay a premium for coins that are slabbed by NGC or PCGS. And only then by a dealer you can trust. If you don't, down the road when you become more experienced you will look back at the raw coins you purchased and be very disappointed..

[busthalf]

From personal exp. stay away

[coinman_23885]

thanks for the input

 

AU55 technical grade with altered surfaces