I have started buying pre decimals and come across this
http://www.ebay.com.au/itm/171325690735?ru=http%3A%2F%2Fwww.ebay.com.au%2Fsch%2Fi.html%3F_sacat%3D0%26_from%3DR40%26_nkw%3D171325690735%26_rdc%3D1
Now I am not sure why you would list a coin at a starting price of $60 and have a buy now price of $4000.
Is this coin a lemon and what is it really worth?
I wouldn't risk selling a 4K item and have it go for a very very low amount?
So what am I missing?
Harshly cleaned.
If I found it in scrap I'd sell if for several dollars. I would not pay above bullion for it.
To me it would seem very overpriced, no matter what option you take.
Unless I'm missing something it just appears to be a circulated and cleaned common-date penny.
It appears harshly cleaned (possibly a coke dip) so to me it is a lemon.
The $4000 is probably to trick someone into thinking that $60 is a good price.
Realistically, I wouldn't go near it. One of the others might be able to help out with a value.
I don't think its rare enough to have value after that sort of cleaning.
you are missing the 'con' possum!
all the coins are harshly cleaned and reminiscent of a bulk lot that the buyer probably picked up for a few dollars
? what is that stuff called - is it 'tarn off'?
bulk lots are often full of 1922, 1935 and 1919 pennies
he/she has then given them a sparkle clean - taken poor light etc photos added ridiculous buy-it-now prices so that new comers think they are getting a bargain
no worn old King George penny with a worn down design has lustre or brilliance
tho - the 1927 indian and the 1933/32 overdate look right to me but the prices are crazy even for those coins and too boot, that have been so terribly doctored
take your time with the pre-decs or you will get burned
I figured as much given it had been relisted for about 2 months
I wouldn't want the coin even if it was given to me as it has no value