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This PA State ebay auction is really getting out of hand

RYKRYK Posts: 35,798 ✭✭✭✭✭
in U.S. Coin Forum
1839-O $2.50 auction

I posted on this last week. I think someone is going to be sorry!
My Box of 20: https://pcgs.com/setregistry/collectors-showcase/box-20/ryks-gold-box-20/17132

Comments

  • MadMartyMadMarty Posts: 16,697 ✭✭✭
    Those auctions always bring stupid money!
    It is not exactly cheating, I prefer to consider it creative problem solving!!!

  • ksteelheaderksteelheader Posts: 11,777 ✭
    Dang out-of-staters bidding things up!!!!!!!!!! Ken
  • lazeroolazeroo Posts: 296
    in ms64 that coin brings 35000$

    so tell me whats the problem ?
    may the force be with you.



    rob.
  • RYKRYK Posts: 35,798 ✭✭✭✭✭
    Laz,

    Ten bucks says the thing is cleaned.

    RYK
    My Box of 20: https://pcgs.com/setregistry/collectors-showcase/box-20/ryks-gold-box-20/17132
  • PhillyJoePhillyJoe Posts: 2,702 ✭✭✭✭
    High bidder, Steinmetz, is a longtime coin dealer in Lancaster, PA. Need to see that one in person; he sees something worth the chase.

    Joe
    The Philadelphia Mint: making coins since 1792. We make money by making money. Now in our 225th year thanks to no competition. image
  • NumisEdNumisEd Posts: 1,336 ✭
    What if stienmetz is a shill bidder for the state?

    That coin is NOT uncirculated. It is an nice AU coin and that's it. I bet that people will be afraid to return a coin to a goverment agency, especially a state goverment department. The state goverments are often very poorly run in comparison to our federal goverment.
  • RYKRYK Posts: 35,798 ✭✭✭✭✭
    The coin went for $5850!!! Unbelievable. That is better than trends for MS-60! I still cannot get over this.
    My Box of 20: https://pcgs.com/setregistry/collectors-showcase/box-20/ryks-gold-box-20/17132
  • kieferscoinskieferscoins Posts: 10,017 ✭
    At least he won't have "no mo pain"

    Cameron Kiefer
  • NumisEdNumisEd Posts: 1,336 ✭
    This is a scam of some sort. Maybe some coin dealers approached the state with the idea of selling their coins through the government. The state and the dealer(s) would split the profit. That quarter eagle is only worth $1000 (on a good day). Somebody just got royally screwed.
  • MadMartyMadMarty Posts: 16,697 ✭✭✭
    All of there auction bring STUPID money!!!
    It is not exactly cheating, I prefer to consider it creative problem solving!!!

  • critocrito Posts: 1,735 ✭
    They're a government agency, so the rules don't apply to them image Misrepresent, shill bid, outright lie, it's all OK...
  • g097103g097103 Posts: 279
    I would suppose his new handle will be Lotsopain, or Hurtmemore.
    Scott M

    Everything is linear if plotted log-log with a fat magic marker
  • NumisEdNumisEd Posts: 1,336 ✭
    ....or "MoreKY-please"
  • ksteelheaderksteelheader Posts: 11,777 ✭
    This is not a scam!!!!!!!! The articles come from unclaimed estates and safety deposit boxes! Do a little research. I'm from PA. I know..............Thanks, Ken
  • NumisEdNumisEd Posts: 1,336 ✭
    Ken, the only research that I needed to do was to see that someone paid $5850 for a $1000 coin.
  • gmarguligmarguli Posts: 2,225 ✭✭
    If the coin is uncirculated, and I can't tell from the photo, but it very well might be, then the price paid is not that far out of line.
  • Steve27Steve27 Posts: 13,274 ✭✭✭
    "The state goverments are often very poorly run in comparison to our federal goverment."

    That's a very scary thought.
    "It's far easier to fight for principles, than to live up to them." Adlai Stevenson
  • critocrito Posts: 1,735 ✭
    If the coin was any good it would be in a PCGS or NGC slab. Must be cr@p since it's being sold raw. Isn't that what you've all said in the past? What's different this time?
  • vam44vam44 Posts: 291 ✭
    Has anyone bought anything from their ebay auctions? I would like to know if they have a return policy.I see no mention in their auctions.image
    A dealer once asked me if I noticed any three-legged buffalos on the bourse,to which I replied,"...no,but I saw alot of two-legged jackasses..."
  • dwooddwood Posts: 821
    "The state goverments are often very poorly run in comparison to our federal goverment."


    <PLONK>
    dwood

    "France said this week they need more evidence to convince them Saddam is a threat. Yeah, last time France asked for more evidence it came rollin thru Paris with a German Flag on it." -Dave Letterman

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