Which coin should I buy? [solved]

11 posts

» Quick access to the last post

The time has come to add Belgian Congo 1936 5 Francs lion coin to my collection.
But I'm stuck now - which coin should I buy? This
https://www.delcampe.net/de/sammlerobjekte/muenzen-banknoten/muenzen-sonstige-afrika/5-francs-leopold-iii-5-francos-leopoldo-iii-belgian-congo-1936-xf-ebc-427963604.html#tab-terms
or this
http://www.ebay.co.uk/itm/B0072-Belgian-Congo-1936-5-Francs-lion-combine-shipping-/182425904172?_trksid=p2141725.m3641.l6368
Which is better grade? Why the difference in color? The coin on eBay looks battered but clean(?).
Or maybe I just have to call it a night...
Thank you
Seems like both are priced above catalog value, but I don't know if the catalog value is realistic.
https://www.ngccoin.com/price-guide/world/belgian-congo-5-francs-km-24-1936-1937-cuid-33660-duid-98214
Items with a fixed price are rarely attractively priced, because if they were someone will buy them quite quickly. The first coin is advertised as XF+ which is grossly overstated. Stay away from such sellers, unless you really know what you're doing and can catch them mispricing something.

It's also well possible that NGC undervalues these coins, I've seen it with many African coins.

So the truth is probably somewhere on the middle. Be patient and wait for the right opportunity.
Neither, they're both overpriced. It's a common coin, so I would wait for a true auction. I see it selling for $8-25 on US ebay:
http://www.ebay.com/sch/Coins-Paper-Money/11116/i.html?_from=R40&_nkw=congo+1936&_in_kw=1&_ex_kw=&_sacat=11116&LH_Sold=1&_udlo=&_udhi=&_samilow=&_samihi=&_sadis=15&_stpos=11801-4505&_sargn=-1%26saslc%3D1&_salic=1&_sop=1&_dmd=1&_ipg=100&LH_Complete=1
Yeah, I'd pass on both because of the overpricing.

Personally I'd pass on anything offered by the DelCampe seller. A person who is prepared to misrepresent such a heavily worn, scratched coin as "EF" is clearly not someone I'd want to be handing money to. What other chicanery and skullduggery is he up to? OK, he's far from the worst offender but if he really believes that's an EF coin, then he's in the wrong business. You can be sure it wasn't "EF" when he was lowballing the widow selling her late husband's collection or whoever he bought it from.

You hit the nail right on the head when asking about the color difference. Same coin, same composition, just different lighting. I am very far from a skilled photographer but even with my modest skills I could darken the tone to conceal harsh cleaning or even blur the image to conceal excessive wear, scratches or even pin holes.

I avoid dealers who use such terms as "grading is subjective so please refer to photos for grade". Nah, it isn't and it's YOUR responsibility as a dealer to provide me as a buyer with accurate information. Not tell me to work it out myself from blurry, doctored photos! Would you buy a car from a dealer who wouldn't tell you the mileage?

I've never bought into this "grading is subjective blah blah blah" myth. It invariably prefaces a widely overgraded coin. If there was any merit to the argument then wouldn't we see an equal number of under graded coins resulting from these guys simply doing their honest best?

Coin flippers (they don't deserve the title of "dealer") are crooks. There are plenty of honest traders, find them and stick with them and you will have twice the collection at half the cost.
Non illegitimis carborundum est.  Excellent advice for all coins.
Make Numismatics Great Again!  
I'd pass on both because of the condition. ^^
HoH
Thank you all for your thoughts/opinions.

I knew it! I knew a followed search on eBay doesn't return all listings! And the list on Steve27 link proves it. I haven't seen any of these coins for auction on my email alerts, otherwise sold prices would be different... :°

As for seller for the coin from eBay he replayed - "we don't provide grading for raw coins as different countries have their own grading standard." Are they really so different?

What do you think about this
http://www.ebay.com/itm/5-FRANCS-LEOPOLD-III-5-FRANCOS-LEOPOLDO-III-BELGIAN-CONGO-1936-XF-EBC-/282351841910?hash=item41bd7b3276:g:i-kAAOSwUKxYmB1n
and this
http://www.ebay.co.uk/itm/322294429167?_trksid=p2055119.m1438.l2649&ssPageName=STRK%3AMEBIDX%3AIT

Thank you
Quote: "latiina"​Thank you all for your thoughts/opinions.

​I knew it! I knew a followed search on eBay doesn't return all listings! And the list on Steve27 link proves it. I haven't seen any of these coins for auction on my email alerts, otherwise sold prices would be different... :°

​As for seller for the coin from eBay he replayed - "we don't provide grading for raw coins as different countries have their own grading standard." Are they really so different?

​What do you think about this
http://www.ebay.com/itm/5-FRANCS-LEOPOLD-III-5-FRANCOS-LEOPOLDO-III-BELGIAN-CONGO-1936-XF-EBC-/282351841910?hash=item41bd7b3276:g:i-kAAOSwUKxYmB1n
​and this
http://www.ebay.co.uk/itm/322294429167?_trksid=p2055119.m1438.l2649&ssPageName=STRK%3AMEBIDX%3AIT

​Thank you
​They both look damaged to me, I wouldn't pay over $10 for the first one and even less for the second.
The one in the first link is the same coin as the Delcampe offering.
Non illegitimis carborundum est.  Excellent advice for all coins.
Make Numismatics Great Again!  
It really is!!!! Thank you! Have to put on my glasses... or do searching during normal hours...
If the offers were a good deal a Numista member would have bought them by now

» Forum policy

Used time zone is UTC+2:00.
Current time is 19:33.