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  • ARCOARCO Posts: 4,431 ✭✭✭✭✭
    edited September 5, 2019 9:20AM

    There are wholesalers / retailers that do this also.

    You can see the same coin on Heritage, NCW and Park Avenue Numismatics all at once.

  • TwoSides2aCoinTwoSides2aCoin Posts: 44,540 ✭✭✭✭✭

    Hungry like a wolf

  • ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭

    Dealers, you may offer my coins on your site if you so wish. It will make your inventory look killer ;) I can drop ship.

    Additional marketing by others for my inventory works for me.

  • This content has been removed.
  • BAJJERFANBAJJERFAN Posts: 31,234 ✭✭✭✭✭

    Shouldn't the non-possesser at least say that the coin is also being offered elsewhere?

    theknowitalltroll;
  • JBKJBK Posts: 16,332 ✭✭✭✭✭

    @BAJJERFAN said:
    Shouldn't the non-possesser at least say that the coin is also being offered elsewhere?

    Yes, or say "subject to prior sale", for example.

  • BillDugan1959BillDugan1959 Posts: 3,821 ✭✭✭✭✭

    I am looking at a modern gold coin being offered by 7 different dealers on eBay, six in France and one in Canada. $90 price spread between high and low. The ads have similar templates and there is a very small mark/nick in the same spot in all photos. My best guess is that some of these folks are blood relatives.

    This is a reasonably common practice between two or three dealers. It is typically nothing new or nefarious. Selling coins is an "eyeballs" game - with enough exposure, the coin will eventually get sold.

    IIRC, this topic was hashed out on this forum earlier this year.

  • BoosibriBoosibri Posts: 12,388 ✭✭✭✭✭

    I had a funny experience with one of these situations. One dealer I had dealt with often had the coin as the owner and it was marketed on a few sites including Park avenue....when I found that the coin was in fact sold by the owner I wanted to see what response I would get from Park avenue...”let me check our vault” it started out and then “oh the guy with the vault key is on lunch”...”oh the coin sold just this morning”. Such nonsense.

  • This guy is the KING of relisting other peoples coins, over 2,000 coin listings that are not his:

    https://ebay.com/sch/dreamtrophy/m.html?_trksid=p3692

  • coinpalicecoinpalice Posts: 2,461 ✭✭✭✭✭

    2251 listings with 21 transactions in the past 12 months. yep, your right. just doesn't add up

  • jmlanzafjmlanzaf Posts: 36,173 ✭✭✭✭✭

    @BAJJERFAN said:
    Shouldn't the non-possesser at least say that the coin is also being offered elsewhere?

    Why?

    If nothing else, that's probably a violation of eBay policy: telling them to look off ebay to complete the sale.

  • U1chicagoU1chicago Posts: 6,462 ✭✭✭✭✭

    @ReadyFireAim said:
    I've seen 6...Not kidding
    The lowest price usually has physical possession.

    One time I bought the same coin from 3 dealers at the same time.
    Think I caused a 7 car pileup in Florida that day. :D

    What type of response did you get from each one?
    Did you get the coin?

  • jmlanzafjmlanzaf Posts: 36,173 ✭✭✭✭✭
    edited September 5, 2019 11:56AM

    @U1chicago said:

    @ReadyFireAim said:
    I've seen 6...Not kidding
    The lowest price usually has physical possession.

    One time I bought the same coin from 3 dealers at the same time.
    Think I caused a 7 car pileup in Florida that day. :D

    What type of response did you get from each one?
    Did you get the coin?

    No. I bought it from the other 3 dealers at the same time. ;)

  • MWallaceMWallace Posts: 4,318 ✭✭✭✭✭

    I am 100% sure that Northeast is in possession of the coin. They are great people.

  • Skrill90Skrill90 Posts: 264 ✭✭✭

    @ErrorsOnCoins said:
    Dealers, you may offer my coins on your site if you so wish. It will make your inventory look killer ;) I can drop ship.

    Additional marketing by others for my inventory works for me.

    hmm interesting. Ill have to reach out to you on this over the weekend

  • ReadyFireAimReadyFireAim Posts: 1,835 ✭✭✭✭✭

    @U1chicago said:
    What type of response did you get from each one?
    Did you get the coin?

    Yep I did.
    Had to pay 3X the price but 2X was returned
    What can i say...I really wanted it.

  • 1630Boston1630Boston Posts: 14,111 ✭✭✭✭✭

    @BillDugan1959 said:

    IIRC, this topic was hashed out on this forum earlier this year.

    many times actually

    2006.........................https://forums.collectors.com/discussion/513704/same-coin-different-dealers-im-confused

    2018........................https://forums.collectors.com/discussion/1009616/same-coin-offered-by-two-dealers
    2018........................https://forums.collectors.com/discussion/999054/same-coin-two-dealers

    Successful transactions with : MICHAELDIXON, Manorcourtman, Bochiman, bolivarshagnasty, AUandAG, onlyroosies, chumley, Weiss, jdimmick, BAJJERFAN, gene1978, TJM965, Smittys, GRANDAM, JTHawaii, mainejoe, softparade, derryb, Ricko

    Bad transactions with : nobody to date

  • 2dueces2dueces Posts: 6,559 ✭✭✭✭✭

    I’ve seen it many times on the card side also.

    W.C.Fields
    "I spent 50% of my money on alcohol, women, and gambling. The other half I wasted.
  • ReadyFireAimReadyFireAim Posts: 1,835 ✭✭✭✭✭
    edited September 6, 2019 12:03PM

    @Boosibri said:
    ”let me check our vault” it started out and then “oh the guy with the vault key is on lunch”...”oh the coin sold just this >morning”. Such nonsense.

    One of the dealers told me that he would have to check with a coworker who had taken the coin to a show.
    Then he said it sold at the show.
    I asked him how it looked and he said he was impressed with the cartwheel luster.

    I didn't bother to tell him that I had a tracking number for it. :D
    Sometimes dealer interactions can be funny.

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