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This makes me sick...look at all these newbies getting taken...

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  • that same bartender sold them one of her hoards a few months ago too. I have been watching those guys a little. You would think they could come up with something other than the bartender story.
  • RussRuss Posts: 48,514 ✭✭✭
    For a "lot" seller, they have surprisingly good feedback.

    Russ, NCNE
  • How much is a half pound of coins? 200?
    When I was a child, I caught a fleeting glimpse
  • RussRuss Posts: 48,514 ✭✭✭
    Mikey,

    Not nearly that many. For pennies, it would be about 75 or so. With silver in the mix, it would be less.

    Russ, NCNE
  • OuthaulOuthaul Posts: 7,440 ✭✭✭✭✭
    "TOTALLY UNSEARCHED!"

    ...but he can tell you what's in it...another liar.
  • I'd be leery of a deal like this, but the guys got nearly 1500 positives and no negatives. He must be giving at least fair value for the money.

    Ray
  • Look at one the feedbacks left for him and his response:


    **"Praise : Wow!I found a 1885 CC in great condition.Please find more stashes like this one.

    **Response by suncoins@swbell.net - Congratulations, Cool find. Should be worth a few hundred! "


    YEAH RIGHT
  • gripgrip Posts: 9,962 ✭✭✭✭✭
    There are appox 3 rolls to a pound on penneys.$1.50.Russ is correct.image,Al
  • PushkinPushkin Posts: 2,029 ✭✭✭
    Sellers who use words and phrases like hoard, estate, unsearched (sure - within the last30 minutes), little old lady, secret find, ... and show those pictures of barrels (with false bottoms), baskets, jars, trunks and stuffed elephants full of coins are all playing on emotions to pull money out of your pocket - add to that an interesting and plausible good story and the old combination or "thrill of the find", greed, mystery, and discovery just grab the emotions , and you have acombination that would make P. T. Barnum proud. Get people excited and they will part with their money by buying any song and dance - the Las Vegas casinos do much the same, but your odds are better, and you know what they are.

    Excuse me, got to go search through the 100 heavily encrusted, don't smell too good, ancient coins that are part of the fabulous but secret Roman Palatine Hill Zeus's Sacramental Latrine Hoard recently discovered in the estate of a little old lady whose departed husband was an archeologist that lived in Rome for 63 years and was recently purchased secretely by a dealer in Sunset Park, Florida , but there were just too many coins to search because he was busy selling real estate and taking care of the kids; that I just bought on eBay for $99.99 plus 9.95 S/H - 17 buyers, all from Palm City Park, Florida with feedbacks of 3 and those need sunglasses each claim they found several gold and silver pieces and will buy again from this well respected seller with 1635 positives, 137 neutrals, and 193 negatives. image

    Almost forgot, the picture on eBay showed what looked like a bathtub, but only about 3 1/2 ft X 1 1/2 ft, full of crusty, old coins.image
  • IrishMikeIrishMike Posts: 7,737 ✭✭✭
    I see thirty bids so far, come on guys admit it, some of us would love to dive into that pile of coins and cherrypick. I can remember as a kid the banker, the grocerer etc. letting me go through their coins. I was known as "that kid" who was always looking at everyone else's change. So someone blows $25 bucks, no big deal. Let them be kids again.
  • I fell for a couple of these over the years. One seller was selling of the inventory of a retired dealer in Kentucky in 100 coin lots. What I got was a box of junk in brand new 2x2's. Fortunately someone else was really pissed off about it, contacted all the buyers and threatened the seller with legal action.

    He promptly refunded everyone's money, no questions asked. I still have the coins image
    When I was a child, I caught a fleeting glimpse
  • PushkinPushkin Posts: 2,029 ✭✭✭

    I've got 20 ancient roman coins that I got suckered in on from one of those auctions , almost all small than a Three Cent Silver coin. I kept them in olive oil for 6 months, then finally got frustrated and hit them with Brasso and lemon juice - every one was junk - no detail.

    Then, I found out I could buy 5 or 6 really nice Roman coins for the same price I paid for those dogs (at the Baltimore show). Yep, there is a thrill alright, but that thrill is inevitably followed buy disappointment and the knowledge that you've been suckered, and that now, you always will be suckered.image

    I used to get rolls of neat coins from my bank as a kid, and that was great fun - because once in a while you actually found something and it didn't cost you anything but the time to buy and look. Really miss those days in the collecting hobby.image
  • gripgrip Posts: 9,962 ✭✭✭✭✭
    Evereyone should get burned/taking once in awhile,just to keep you in check with realaty,and it will make you a better collector.Get screwed a few times for a few grand,and believe me if you have a half of brain you will learn real quick.Al
  • PushkinPushkin Posts: 2,029 ✭✭✭


    << <i>Evereyone should get burned/taking once in awhile,just to keep you in check with realaty,and it will make you a better collector.Get screwed a few times for a few grand,and believe me if you have a half of brain you will learn real quick >>



    Good thought - but better to get taken for a few dollars than a few thousand. For the few dollars most of us will learn, for the few thousand - the therepy bills or equivalent will just make it more expensive and more painful - maybe?image
  • gripgrip Posts: 9,962 ✭✭✭✭✭
    Pushkin
    Believe me,you will learn much quicker when you lose a few grand ,more so than a few dollars,most people dont care about a few$.My anology was ,the bigger the loss the quicker you will learn.I have been thereimage.Al
  • PushkinPushkin Posts: 2,029 ✭✭✭

    Grip,
    I agree with your analogy. I too was there on one coin (thank God only one), but, for me anyway, the big loss was also big pain. I would have preferred to have learned a little more gently - but I don't disagree with you. Maybe the trick is to get kicked in the head without getting killed?image
  • danglendanglen Posts: 1,674 ✭✭✭
    I bought a hundred kilos (220 pounds) of world coins from a guy in England last year. The cost to ship them to the States was more than I paid for the coins, but that's another story. I sold them by the pound on eBay, and generally speaking, there were usually about 100 coins to a pound. Based on this seller's feedback, I don't think folks are getting scammed. He admits to selling other material from this same source in the past, and it's hard to argue with his record. As jaded as I have become, I do beleive there are some decent deals to be had on eBay. You just have to do your homework. image
    danglen

    My Website

    "Everything I have is for sale except for my wife and my dog....and I'm not sure about one of them."
  • dorkkarldorkkarl Posts: 12,691 ✭✭✭
    rather presumptious to say newbies are getting taken, unless you have some kind of evidence to back up your claim. have you bought some of this person's coins? a few months back, the "antique bureau of pennies" lady got slammed, so i did go & win 1 of the lots. nothing spectacular, but i would have considered it solid value for any newbie.

    please get some facts, make some kind of attempt to support your assertion.

    K S
  • gripgrip Posts: 9,962 ✭✭✭✭✭
    dorkkarl
    I dont believe it was meant as a blanket statment,dont read to deepimage.Al
  • dorkkarldorkkarl Posts: 12,691 ✭✭✭
    OK (sorry)

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