More grading lunacy

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rjd65
Posts: 28
Joined: Sat Sep 20, 2014 1:09 am

More grading lunacy

Postby rjd65 » Thu Aug 18, 2016 8:28 am

http://www.ebay.com/itm/1894-50C-VICTOR ... SwHoFXtP5U

Remark: I chose this coin since it is a key date and as such is ripe for abuse. This coin is not VF. It is a Fine. Even with ZIRP/negative interest rates and the resulting obscene asset price appreciation (except coins) over the last few years, the seller will be waiting quite some time to attain 2 Very Large in US $ - when/if the time value of money catches up or the US $ collapses. A collapse of the asset bubble will drive down a reasonable price for this coin (plus every other coin) even lower. Cheers, RD

SousNoir
Posts: 18
Joined: Tue Jun 07, 2016 3:13 pm
Location: Montréal, Québec

Re: More grading lunacy

Postby SousNoir » Sat Sep 24, 2016 12:09 pm

Hi,

I agree this coin is of grade F-12. There is too much wear to even make it a F-15.

Dan
An unidentified coin is a piece of metal. An identified coin is a piece of history.


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