Australian-Coins Forum

Numismatic Discussion => Coin and Banknote Grading => Topic started by: frenc11 on January 31, 2017, 01:46:24 AM

Title: why do people think their mistakes are worth anything
Post by: frenc11 on January 31, 2017, 01:46:24 AM
i am sick of seeing mistakes from uneducated graders trying to sell their 1964 half pennies in MS 63 BN and the like on ebay at unrealistic buy it now prices of like anything over $5 dollars  , suck it up people and just throw them away as they are worthless
Title: RE: why do people think their mistakes are worth anything
Post by: trout on January 31, 2017, 02:22:03 AM
When I am looking at a coin on eBay I completely ignore the sellers grade or assessment and for that matter the grade that is on the slab if it is a TPG graded coin.
I just look at the coin and make my own call and I suggest that you do the same.
There will always be overgraded and cleaned or otherwise problem coins that are spruiked up for sale not only on eBay but pretty much everywhere that coins are sold and it will drive you nuts if you worry about every one of these you come across.
Just ignore the "Junk" and go for the true Gems that are hidden amongst all the "Wannabee's" :good::)
Title: RE: why do people think their mistakes are worth anything
Post by: nealeffendi on January 31, 2017, 09:33:23 AM
Quote from: 'frenc11' pid='104640' dateline='1485789384'i am sick of seeing mistakes from uneducated graders trying to sell their 1964 half pennies in MS 63 BN and the like on ebay at unrealistic buy it now prices of like anything over $5 dollars  , suck it up people and just throw them away as they are worthless

Not worthless and still a nice coin at MS63. I've purchased a couple of coins that are not front row coins for low prices (like a '59 florin in AU58 for $10 with free post) just to have samples of what to look for to grade my own coins against. I can look at that florin and realise that at about $35 a pop I'd better be selective in what I include in my potential slabber albums.
But yes, I do see delusional sellers wanting prices that will recoup their $35 when for the same price their are really decent higher grade coins out there.
Title: RE: why do people think their mistakes are worth anything
Post by: robbiegal on January 31, 2017, 10:57:52 AM
Quote from: 'frenc11' pid='104640' dateline='1485789384'i am sick of seeing mistakes from uneducated graders trying to sell their 1964 half pennies in MS 63 BN and the like on ebay at unrealistic buy it now prices of like anything over $5 dollars  , suck it up people and just throw them away as they are worthless


ouch!!!! that's nasty
Title: RE: why do people think their mistakes are worth anything
Post by: kchan1111 on January 31, 2017, 01:17:27 PM
Quote from: 'robbiegal' pid='104651' dateline='1485822472'
Quote from: 'frenc11' pid='104640' dateline='1485789384'i am sick of seeing mistakes from uneducated graders trying to sell their 1964 half pennies in MS 63 BN and the like on ebay at unrealistic buy it now prices of like anything over $5 dollars  , suck it up people and just throw them away as they are worthless


ouch!!!! that's nasty

I agree. Don't know why you would find that offensive. Just don't buy it if you don't think price is realistic. May be they have recently upgraded and now looking to sell duplicates.
Title: RE: why do people think their mistakes are worth anything
Post by: Fulvio on January 31, 2017, 03:51:25 PM
You do realise that prices are fluid, I hope? ANYTHING is worth whatever people are prepared to pay for it. Just because something is rubbish today does not mean it won't be worth a fortune tomorrow. And vice versa.

If you think its overpriced, don't buy it. Like, you know, I don't buy anything from the mints.
Title: RE: why do people think their mistakes are worth anything
Post by: r9453 on February 01, 2017, 07:46:44 PM
I have this one for sale on Ebay for $4.50. After three months no-one is interested:

(http://i.imgur.com/elUDlAd.jpg)