thread disappeared? re: paul sims

dorkkarl

i thought there was a thread regarding paul sims about a week ago. did it disappear?

K S

gmarguli

I can't seem to find it either. Maybe you could contact Carol and find out if she deleted it for some reason. However, the older Paul Sims is a scumbag threads are still there,

Russ

Here's a thread from the Wayback Machine.

Russ, NCNE

mr1931S

i think Paul Sims has the same problem most dealers have...there's no way you're going to please all the people all of the time...

as far as his ebay business goes,as long as he offers full refunds if the customer is unhappy for any reason with the coins which he sells,like everyone else,by the images and his descriptions,what's the problem?

i recall meeting him once at a Denver show a few years...a very personable,reasonable man...

why shoot,i once bought a coin that i needed to complete a collection from a dealer (whose name i will not mention but he is a legend in the coin business) that,in my opinion, was 20 points off in the grade that he had assigned to it on the 2x2...i paid him kind of a stiff price for the coin because i wanted it and it was the last coin (not a key either) i needed to complete the set...i sold the collection later minus this coin which i still have...it resides in my collection and is labelled,"ex *********"...

come to think of it,he's a very personable,reasonable man as well...

SportsModerator2

I didn't do it.

gmarguli

mr1874, I'm not talking about these dealers, but most con men and professional screwers are very personable people. The ones that aren't are not successful at conning and screwing people.

As for Paul Sims eBay business, you think it is OK to do anything as long as you offer a return privilege?

Not saying that Sims does this, but could I sell counterfeit coins as long as I offer a return privilege? What about cleaned/polished/tooled coins without mention of the problems? Basically any one who doesn't know gets screwed and those that do know get a refund.

mr1931S

>>mr1874, I'm not talking about these dealers, but most con men and professional screwers are very personable people. The ones that aren't are not successful at conning and screwing people.As for Paul Sims eBay business, you think it is OK to do anything as long as you offer a return privilege?

well,i've seen many an ebay coin auction where the seller doesn't offer a return privelege...to me that's a red flag and i simply will not bid on such auctions...no,it's not okay to do anything...

>>Not saying that Sims does this, but could I sell counterfeit coins as long as I offer a return privilege? What about cleaned/polished/tooled coins without mention of the problems? Basically any one who doesn't know gets screwed and those that do know get a refund.

i submit that if one "doesn't know" and trys to play "the coin game,"and all that it entails,"getting screwed" on occasion is inevitable...take the coin you receive from Paul Sims or any other on-line dealer for that matter and show it to someone who you think "does know"...i mean,if you are then told you are "getting screwed" return the coin...hell,return the coin if you think you got screwed by paying too much for it...just don't say that's the real reason...

i usually use "ask the seller a question" before i will bid...the response to the question(s) is now documented...no response to my question(s)?...no bid from me...if i bid and win the coin i decide on viewing the coin if the answers to the question(s) jive with my impressions about the coin...i'll return the coin if unhappy...all i'm out is some shipping costs...it's part of the "coin game" as i see it...

MacCoin

I buy from Sims sometimes and sometimes they are a little pricey but no one twisted my arm to buy. I've alway been happy with what I gotten.

danglen

I have bought quite a few coins from Sims. He does tend to overgrade, and sells a lot of coins he describes as PQ BU that turn out to be cleaned XFs. But I have never had a problem returning merchandise, and have never been questioned as to why the coins are being returned. So if you don't mind eating the shipping charges, Sims is ok. Sometimes you even get some good deals

dorkkarl

couldnt' find the old thread. i remember i said something like "sims has so danged many cleaned coins he could probably keep ajax in business by himself". did a search on "ajax" - nothing=. oh well.... maybe sims cleaned that thead right off'n the forum!

K S

mdwoods

Basically any one who doesn't know gets screwed

I got burnt bad by Paul Sims a few years ago by trusting him at his word. Bought a Premium BU set of Washington quarters for 2495.00. About a year later, I showed them to someone who knew the series and they proceeded to show me the coins that were not unc. Needless to say, it was too late to return them. Same thing with a Franklin set, and a Rosey set, although those were much cheaper losses. I sold the Quarter set at about a 1700 dollar loss. mdwoods

Dimetime

Early on I bought quite a few coins from him. When I finally decided to have them graded, every single one came back several grades lower than he stated. Many, like the PQ BU silver dollars came back AU-55/58 at best. Many were cleaned and body bagged. I'll say one thing, the price I paid is about what the true value is graded. So I think they do way overstate the grade, but sell at about what its worth.

BillJones

I have purchased from Paul Sims once. At the time I was a pure collector, and I was working on a set of Canadian silver dollars. I was not building a world class set. Just a set of very pleasant coins in AU-58 to MS-64 in which all the pieces had nice luster and were not chopped to hamburger with bag marks.

I had purchased a partial set that another collector who had given up on it because he could not afford to buy the "four bears," the three 1947 varieties and the 1948. Sims ran an ad in Coin World for the coins in "Choice BU" at prices that reflected strong AU money. I ordered the three 1947 coins. Two of the three, the maple leaf and the pointed 7, were really attractive "super sliders." They were exactly what I wanted at the price I wanted to pay. The third was no better than AU-50 with poor luster. That one went back, and I got speedy refund.

I can't complain, but I also went into the transaction with my eyes open.

And as Forest Gump would say, "That's about there is say about that."

python

Here it is. Text

gmarguli

That's odd. I can't find that thread by doing a search using key words in the text.

MrKelso

I purchased Some Silver bullion from Paul Years ago. Treated me ok but then again it was spot plus a few cents in those days plus a few cents shipping. I think i did purchase a few Franklin Halfs from him advertised as Gem/BU. This is going back maybe 15 to 18 years ago and if i recall the grades seemed ok then. I have heard that there were a lot of poeple that said they were not happy with his grades recently, but my past dealings with him were ok.

presleyh

Greg, i agree with you opposing the idea that a money back guarantee makes anything ok. I found that out many years ago when i challenged a television commercial. The tv station and the local better business bureau both stated that as long as money back is offered there is no wrong doing. That is endemic in advertising everything from hair restorer to weight loss products. The idea is most people wont return the item anyway so why not sell crap that doesnt work? Bad marketing tool.

wingedliberty

I have no respect for Paul Sims due to his horrid reputation within the hobby for overgrading.
I agree that a return policy does not excuse this practice. I have never purchased from him, but trusted
friends have and all were unhappy.


Best regards,
Brian.

au58

A return policy is just a small part of the business model. It only becomes a factor in the business model, however, when an informed collector receives the product. Targeting unknowledgeable collectors as consumers of overgraded coins the heart of the business model. The potential for the target marget exercising the return policy represents minimal risk.

Nic

michael

most people who buy from the major front page advertisers like the man mentioned in this thread do not know or understand what they are buying and usually 90% of the people keep what they get from these hmmmmmmmmmmmmm snakes.

and human nature being what it is

when these same buyers go to sell do they go back to the sellers that originally sold these coins.............no!!.........lol

they go to other legit dealers and are offered 20 to 40 cents on the dollar for their overgraded/cleaned/damaged morgan dollar sets/ key date coins numismatically rare/collectible type, etc. etc.
and the morgan sets for example that were bought as bu and are at best au cleaned xf coins and they get mad at the
dealers making the offers on the coins.......lol not at the original sellers but at the end dealers making legit offers on thier overgraded/cleaned crap

human nature is a funny thing

i have seen this happen like hundreds of times and the same scenerio it never ceases to amaze me these front page coin world advertisers!
they make a small fortune! and many collectors/buyers keep coming back and if you see these front page advertising guys at any shows they are the ones with all the available cash to buy.........lol i mean they are usually one of the few that have loads of cash for buying......lol

it makes me sick but such is the coin game!

human nature never ceases to amaze me!..........lol

for fun i once called one of these large advettisers and asked them what the early unslabbed 36 37 proof sets they were selling would grade if sent to pcgs and i got such a nasty run of comments like i was threatening their very lives.....lol

sincerely michael

Nic

How was the post deleted. Carol???? K

Dave99B

Paul Sims sucks. Boy, I hope he doesn't sue me.

Dave