It is pretty easy to flush out the rats if one is soliciting coins for approval.
OTOH, if they have some combination of ebay store, a B&M, several referrals from BST, IG or other social media or forum footprint... then I would have no problem sending a coin.
For decades coin dealers operated this way thru mail order/Coin World ads...
BST: KindaNewish (3/21/21), WQuarterFreddie (3/30/21), Meltdown (4/6/21), DBSTrader2 (5/5/21) AKA- unclemonkey on Blow Out
If the Buyer pays you by PayPal Friends & Family, they can use a Credit Card and can also file a chargeback! It seems that some Forum Members mistakenly believe PPFF is safer than standard PP...
If you do that (use a credit card) doesn't the buyer pay the 3% fee? I thought that PPFF was used to avoid the 3% transaction fee.
Yes, PPFF lets the buyer use a CC and buyer pays the 3%.
@AlanSki said:
Let's see if I can waste their time by saying I sent the money to western union in grenada mississippi. Make them waste time and gas driving there.
Google maps shows around 10 in the general area. Such highspots as the Walgreens and the Dollar General store.
-----Burton ANA 50 year/Life Member (now "Emeritus")
@AlanSki said:
Let's see if I can waste their time by saying I sent the money to western union in grenada mississippi. Make them waste time and gas driving there.
Google maps shows around 10 in the general area. Such highspots as the Walgreens and the Dollar General store.
He isn't happy with my sudden change of plans in sending money to a western union. I would have thought a scammer would have noticed that play but nope, not this tool. He was zelle or cash app now.
100% positive transactions with SurfinxHI, bigole, 1madman, collectorcoins, proofmorgan, Luke Marshall, silver pop, golden egg, point five zero,coin22lover, alohagary, blaircountycoin,joebb21
Late to the thread as usual, but this guy wrote to me about the used PCCB plastic slab shells that I am looking to buy.
He said Cortez had a few. Only wanted $6 each for them. I told him that was to rich for my blood, that I can order them new from China for $1.29 each. He asked how much I was willing to pay. He got really quiet when I told him 25 cents each.
@ZoidMeister said:
Late to the thread as usual, but this guy wrote to me about the used PCCB plastic slab shells that I am looking to buy.
He said Cortez had a few. Only wanted $6 each for them. I told him that was to rich for my blood, that I can order them new from China for $1.29 each. He asked how much I was willing to pay. He got really quiet when I told him 25 cents each.
Z
I'm still not convinced that he isn't just trying to make money by buying from eBay and filling want lists on BST. Has he ever quoted a price lower than the coin was available on eBay?
@ZoidMeister said:
Late to the thread as usual, but this guy wrote to me about the used PCCB plastic slab shells that I am looking to buy.
He said Cortez had a few. Only wanted $6 each for them. I told him that was to rich for my blood, that I can order them new from China for $1.29 each. He asked how much I was willing to pay. He got really quiet when I told him 25 cents each.
Z
I'm still not convinced that he isn't just trying to make money by buying from eBay and filling want lists on BST. Has he ever quoted a price lower than the coin was available on eBay?
Yes. He was going to do $200 for a Dan Carr 1964 Peace Dollar. Down from his original $750. Complete scam.
Seriously, you would entertain sending a coin before payment was made? I highly doubt it.
And anyone who asked me to do it would immediately be suspected as a thief. As I said, the payment can be insured and recovered if necessary. The coin cannot be recalled.
I have to disagree with you on this one. I recently completed a deal on our BST with @wondercoin. I sent him a coin that he offered to buy on the BST and a couple of days after he received the coin he sent the money. This is pretty common.
@coinhack said:
I have to disagree with you on this one. I recently completed a deal on our BST with @wondercoin. I sent him a coin that he offered to buy on the BST and a couple of days after he received the coin he sent the money. This is pretty common.
Is it common to send coins to people who are not known (like a new member, maybe) before receiving payment? I am highly doubtful.
Seriously, you would entertain sending a coin before payment was made? I highly doubt it.
And anyone who asked me to do it would immediately be suspected as a thief. As I said, the payment can be insured and recovered if necessary. The coin cannot be recalled.
I have to disagree with you on this one. I recently completed a deal on our BST with @wondercoin. I sent him a coin that he offered to buy on the BST and a couple of days after he received the coin he sent the money. This is pretty common.
That is really the reverse, isn't it? Wondercoin is a major dealer and not at all the situation that was represented here.
@coinhack said:
I have to disagree with you on this one. I recently completed a deal on our BST with @wondercoin. I sent him a coin that he offered to buy on the BST and a couple of days after he received the coin he sent the money. This is pretty common.
Is it common to send coins to people who are not known (like a new member, maybe) before receiving payment? I am highly doubtful.
It's amazing to me that a forum full of people who seem to see a scam behind every eBay sale and who just uncovered one on the BST are constantly sending coins to strangers without money.
The scenario presented was not sending coins to Heritage or Legends or Wondercoin. It was an old forum member and a newbie.
@coinhack said:
I have to disagree with you on this one. I recently completed a deal on our BST with @wondercoin. I sent him a coin that he offered to buy on the BST and a couple of days after he received the coin he sent the money. This is pretty common.
Is it common to send coins to people who are not known (like a new member, maybe) before receiving payment? I am highly doubtful.
Agreed. I would not send a coin to a new member. That was the point I was trying to make. Someone has to send something first. If a new member is buying a coin from an established member who has references from other members then the new member sends cash first. And if that established member offers to buy a coin on the BST then the new member sends the coin before receiving payment.
Seriously, you would entertain sending a coin before payment was made? I highly doubt it.
And anyone who asked me to do it would immediately be suspected as a thief. As I said, the payment can be insured and recovered if necessary. The coin cannot be recalled.
I have to disagree with you on this one. I recently completed a deal on our BST with @wondercoin. I sent him a coin that he offered to buy on the BST and a couple of days after he received the coin he sent the money. This is pretty common.
That is really the reverse, isn't it? Wondercoin is a major dealer and not at all the situation that was represented here.
I don't think so. In the post above that I replied to @MasonG , I tried to explain my thinking. I view an established member as being akin to an established dealer and a new member as being a collector. A dealer is not going to send a coin or money first.
I am not new here. I have been a member since 2012 but I don't post a lot and I don't know anyone here personally. I have only bought a couple of coins on the BST and sold the one I mentioned. Without a history on the BST, I sent the money and the coin first. If I was a regular buyer and seller on the BST, I would expect that would change some over time.
If the Buyer pays you by PayPal Friends & Family, they can use a Credit Card and can also file a chargeback! It seems that some Forum Members mistakenly believe PPFF is safer than standard PP...
If you do that (use a credit card) doesn't the buyer pay the 3% fee? I thought that PPFF was used to avoid the 3% transaction fee.
Yes, PPFF lets the buyer use a CC and buyer pays the 3%.
And what is the point of that? Getting to use PPFF, still paying the 3%, and receiving no protection?
Dead Cat Waltz Exonumia
"Coin collecting for outcasts..."
If the Buyer pays you by PayPal Friends & Family, they can use a Credit Card and can also file a chargeback! It seems that some Forum Members mistakenly believe PPFF is safer than standard PP...
If you do that (use a credit card) doesn't the buyer pay the 3% fee? I thought that PPFF was used to avoid the 3% transaction fee.
Yes, PPFF lets the buyer use a CC and buyer pays the 3%.
And what is the point of that? Getting to use PPFF, still paying the 3%, and receiving no protection?
You would have the protection of the Credit Card. This allows the buyer to eat the 3% fee to save the seller having to pay for it. It is essentially the buyer paying 3% for insurance. Personally, I usually add 3% and use regular PayPal because then I get 2 layers of protection.
Seriously, you would entertain sending a coin before payment was made? I highly doubt it.
And anyone who asked me to do it would immediately be suspected as a thief. As I said, the payment can be insured and recovered if necessary. The coin cannot be recalled.
I have to disagree with you on this one. I recently completed a deal on our BST with @wondercoin. I sent him a coin that he offered to buy on the BST and a couple of days after he received the coin he sent the money. This is pretty common.
That is really the reverse, isn't it? Wondercoin is a major dealer and not at all the situation that was represented here.
I don't think so. In the post above that I replied to @MasonG , I tried to explain my thinking. I view an established member as being akin to an established dealer and a new member as being a collector. A dealer is not going to send a coin or money first.
I am not new here. I have been a member since 2012 but I don't post a lot and I don't know anyone here personally. I have only bought a couple of coins on the BST and sold the one I mentioned. Without a history on the BST, I sent the money and the coin first. If I was a regular buyer and seller on the BST, I would expect that would change some over time.
I would still never do it. It's not even just the question of who might be scamming whom. But what happens if a coin gets lost or the package arrives empty. You are suddenly going to be embroiled in a he said/she said argument. If you've paid in advance, you can file a charge back if it comes to that and there will be a 3rd party arbiter. The other way, a coin hits the mail stream and if there is a problem there is an unresolvable argument as there is no way to arbitrate it, especially if you are in different states.
I've had a few very honorable transactions on the BST every time it was like this: The buyer sent payment by paypal and the seller shipped the coin. Never a bad transaction. I've been on both ends of these deals. There was never any need for a third person to "broker the deal", so to speak. @HashTag seriously LOL!!
Comments
Careful. You don't ever want to be on my side of a discussion.
I asked if he had any Faberge eggs available and he asked, "light or dark chocolate"?
peacockcoins
I too was contacted about a gold Indian $10 on a Pm
Simple due diligence.
It is pretty easy to flush out the rats if one is soliciting coins for approval.
OTOH, if they have some combination of ebay store, a B&M, several referrals from BST, IG or other social media or forum footprint... then I would have no problem sending a coin.
For decades coin dealers operated this way thru mail order/Coin World ads...
BST: KindaNewish (3/21/21), WQuarterFreddie (3/30/21), Meltdown (4/6/21), DBSTrader2 (5/5/21) AKA- unclemonkey on Blow Out
Let's see if I can waste their time by saying I sent the money to western union in grenada mississippi. Make them waste time and gas driving there.
Weird. I thought Cortes was in Texas.
Nothing is as expensive as free money.
Yes, PPFF lets the buyer use a CC and buyer pays the 3%.
He never made it to Texas, Hernán Cortés de Monroy y Pizarro Altamirano was the conqueror of the Aztec empire in what is now Mexico.
ANA 50 year/Life Member (now "Emeritus")
Google maps shows around 10 in the general area. Such highspots as the Walgreens and the Dollar General store.
ANA 50 year/Life Member (now "Emeritus")
I don't see where that is a valid address in the property tax records for Grenada County, MS
He isn't happy with my sudden change of plans in sending money to a western union. I would have thought a scammer would have noticed that play but nope, not this tool. He was zelle or cash app now.
ask them for help registering for one of these transaction services that you are not registered for.
https://www.whitepages.com/name/Tasha-F-Holmes/Grenada-MS/PN92EYk62r8
Awesome!
100% positive transactions with SurfinxHI, bigole, 1madman, collectorcoins, proofmorgan, Luke Marshall, silver pop, golden egg, point five zero,coin22lover, alohagary, blaircountycoin,joebb21
boy, sorry to hear of your disappointment that they only deal in peace dollars. that 1964 morgan over struck dollar would pair perfectly with it.
Someone should offer to do the deal in person and see what they say.
Late to the thread as usual, but this guy wrote to me about the used PCCB plastic slab shells that I am looking to buy.
He said Cortez had a few. Only wanted $6 each for them. I told him that was to rich for my blood, that I can order them new from China for $1.29 each. He asked how much I was willing to pay. He got really quiet when I told him 25 cents each.
Z
Busy chasing Carr's . . . . . woof!
Successful BST transactions with: Bullsitter, Downtown1974, P0CKETCHANGE, Twobitcollector, AKbeez, DCW, Illini420, ProofCollection, DCarr, Cazkaboom, RichieURich, LukeMarshall, carew4me, BustDMs, coinsarefun, PreTurb, felinfoal, jwitten, GoldenEgg, pruebas, lazybones, COCollector, CuKevin, MWallace, USMC_6115, NamVet69, zippcity, . . . . who'd I forget?
I'm still not convinced that he isn't just trying to make money by buying from eBay and filling want lists on BST. Has he ever quoted a price lower than the coin was available on eBay?
Yes. He was going to do $200 for a Dan Carr 1964 Peace Dollar. Down from his original $750. Complete scam.
The real Tasha may know Pearlie Mae Brown and Walter Louis Gray.
perhaps having "Tahsa" call to the landlines above with a request to speak to the above 2 people might be a final task to close any deal.
Kinda sounds medical...
I have to disagree with you on this one. I recently completed a deal on our BST with @wondercoin. I sent him a coin that he offered to buy on the BST and a couple of days after he received the coin he sent the money. This is pretty common.
Is it common to send coins to people who are not known (like a new member, maybe) before receiving payment? I am highly doubtful.
That is really the reverse, isn't it? Wondercoin is a major dealer and not at all the situation that was represented here.
It's amazing to me that a forum full of people who seem to see a scam behind every eBay sale and who just uncovered one on the BST are constantly sending coins to strangers without money.
The scenario presented was not sending coins to Heritage or Legends or Wondercoin. It was an old forum member and a newbie.
Agreed. I would not send a coin to a new member. That was the point I was trying to make. Someone has to send something first. If a new member is buying a coin from an established member who has references from other members then the new member sends cash first. And if that established member offers to buy a coin on the BST then the new member sends the coin before receiving payment.
I don't think so. In the post above that I replied to @MasonG , I tried to explain my thinking. I view an established member as being akin to an established dealer and a new member as being a collector. A dealer is not going to send a coin or money first.
I am not new here. I have been a member since 2012 but I don't post a lot and I don't know anyone here personally. I have only bought a couple of coins on the BST and sold the one I mentioned. Without a history on the BST, I sent the money and the coin first. If I was a regular buyer and seller on the BST, I would expect that would change some over time.
And what is the point of that? Getting to use PPFF, still paying the 3%, and receiving no protection?
Dead Cat Waltz Exonumia
"Coin collecting for outcasts..."
You would have the protection of the Credit Card. This allows the buyer to eat the 3% fee to save the seller having to pay for it. It is essentially the buyer paying 3% for insurance. Personally, I usually add 3% and use regular PayPal because then I get 2 layers of protection.
I would still never do it. It's not even just the question of who might be scamming whom. But what happens if a coin gets lost or the package arrives empty. You are suddenly going to be embroiled in a he said/she said argument. If you've paid in advance, you can file a charge back if it comes to that and there will be a 3rd party arbiter. The other way, a coin hits the mail stream and if there is a problem there is an unresolvable argument as there is no way to arbitrate it, especially if you are in different states.
FYI, I recieved the same SCAM message:
Jonasm sent you a message
Kindly contact cortes in texas,he has a vintage silver bars for sale in good condition
Here’s his email cortesshasta@aol.com
Cashback from Mr. Rebates
My policy (albeit lame) is never buy a coin from someone/somewhere I can’t drive to and choke the 💩 out of; if the need becomes necessary.
https://www.pcgs.com/setregistry/collectors-showcase/date-sets/hashtags-prefect-coin-grading-service-1879/album/7621
I've had a few very honorable transactions on the BST every time it was like this: The buyer sent payment by paypal and the seller shipped the coin. Never a bad transaction. I've been on both ends of these deals. There was never any need for a third person to "broker the deal", so to speak. @HashTag seriously LOL!!