Anyone have buying experience with Early American Auctions??

Lakesammman · February 11, 2003 8:56PM

Previewed a interesting pattern from these folks last week. I was hesitant to bid with a company that I don't know very well (some auction houses I would NEVER leave an absentee bid). Have you had any dealings with them, pos. or neg.??

Typo edit.

dorkkarl · February 11, 2003 9:05PM

dude, don't even bother.

K S

cointagious · February 11, 2003 9:25PM

dana linnett and early american auctions are the only ones to have successfully rip me off in over 20 years of dealing/collecting. i admit i did not go after them with any zeal

Lakesammman · February 11, 2003 11:00PM

Not exactly glowing responses so far - anyone else have experience they could share??

wondercoin · February 11, 2003 11:05PM

Lakes: I believe Rick Kay recently informed me that he just won a raw pattern coin or two for me out of their sale, subject to my approval. Perhaps Rick can comment on this.

Wondercoin.

RKKay · February 11, 2003 11:10PM

I can't comment upon any other transactions other people have had, but I bought three patterns out of this latest auction, and saw them in person beforehand. They are all very rare, and I am happy with the coins.

Singapore · February 11, 2003 11:11PM

Without any doubt whatsover, Early American is the worst, most offensive over-grader of raw coins I have ever seen.

Run, don't walk, the other way.

wondercoin · February 11, 2003 11:14PM

Singapore: I'm glad I didn't say "DONE DEAL" with Rick

Wondercoin

RKKay · February 11, 2003 11:16PM

You DID.

coinut1799 · February 12, 2003 12:02AM

Singapore is right. They have a long reputation for substantially overgrading coins. They have nice stuff frequently, but don't buy unless you have seen the item first.

baccaruda · February 12, 2003 12:07AM

coinut? shouldn't that name be retired here?

abuell · February 12, 2003 1:23AM

The ACG of auction houses.

gmarguli · February 12, 2003 2:02AM

I asked about them a while back. The responses were a landslide in favor of NOT doing any business with them.

greghansen · February 12, 2003 2:03AM

Have not bought any raw coins from them, which seems to be where many have a problem with them. I have on two occasions bought slabbed materials from them. Nothing major. A couple of items, each under $500. I had no problems either with their post auction service or with the coins once I received them. I have no idea whether they engage in 'funny stuff' relative to running your bid up. I don't remember whether the items I purchased came in below my max bid or not.

banknote1 · February 12, 2003 2:43AM

I have won several national bank notes from them. Their service was fast, and the notes graded correctly. I may of overpaid for the notes, I don't know if they play fast and loose with my bids or not. Yes, I know this is dark side stuff...
I have been ripped badly by Stacks and lately by Superior!! I purchased a raw MS65PL Columbian, from Superior. Boy did they see me comming, I sent the coin to NCG came back MS63, no PL. OUCH!

RKKay · February 12, 2003 2:48AM

That hurts, Banknote. Sorry to hear the bad experiences.

gmarguli · February 12, 2003 2:54AM

banknote1, Superior is owned by TAGZ. If you don't know about them, do a little search on these forums.

Regardless of how they grade coins, they are a company to be avoided just because of their customer disservice policies.

Lakesammman · February 12, 2003 3:00AM

Thanks for the tips - just like elsewhere, best to buy sight-seen.

Guess I should have done a thread search before posting - thanks for the reminder.

banknote1 · February 12, 2003 3:21AM

Greg; I found out about TAGZ a little to late!!

Anyone have buying experience with Early American Auctions??

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