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Somehow I just knew the seller would cancel this auction today.

RussRuss Posts: 48,514 ✭✭✭
This coin was bid only up to $155 with a couple hours to go.

Normal market value is $400 plus for it. I've been watching the coin since he listed it a week ago and knew that with those crappy images it wasn't going to go anywhere. I also knew that if it didn't, this seller would weasel out and cancel. Sure enough, he did.

Russ, NCNE

Comments

  • Sorry Russ I guess he outsniped you. imageimage

    Pennies make dollars, and dollars make slabs!

    ....inflation must be kicking in again this dollar says spend by Dec. 31 2004!

    Erik
  • photos make or break the sale
  • krankykranky Posts: 8,709 ✭✭✭
    Hey, I think the seller made a mistake. His description said "coins without bids are subject to prior sales and may be closed early at seller 's discretion". He didn't say a thing about coins with bids! image

    New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.

  • RussRuss Posts: 48,514 ✭✭✭
    Kranky,

    The second mistake he made was selecting "error in the listing" as the reason, instead of "item no longer available".

    Russ, NCNE
  • MadMartyMadMarty Posts: 16,697 ✭✭✭
    Just what you really needed another AH Kennedy!image
    It is not exactly cheating, I prefer to consider it creative problem solving!!!

  • RussRuss Posts: 48,514 ✭✭✭
    Did I say I was going to bid on it?image

    Russ, NCNE
  • RussRuss Posts: 48,514 ✭✭✭
    You know, I really hate liars. He cancelled the listing claiming it was "because of an error in the minimum bid or Reserve amount", and than turns around and relists it with the same minimum bid, and no reserve.

    Russ, NCNE
  • WingsruleWingsrule Posts: 3,021 ✭✭✭✭
    Look for him/her to cancel this one, too.

    I had this coin on auction but ended it early because another e-Bayer e-mailed me to tell me that according to PCGS this coin is valued at $800.00. I will start the bidding at 599.95 and see where it goes.

    Current bid is $56.00 - maybe it's a reverse auction?image
  • RussRuss Posts: 48,514 ✭✭✭
    If that's true, I'd like to strangle the guy that eMailed him.image

    Russ, NCNE
  • PhillyJoePhillyJoe Posts: 2,702 ✭✭✭✭
    Russ, you pick the tree, Marty and I will bring the rope.

    I find it hard to believe that someone took the time to say "You know that coin is worth $800 and you're selling it with no reserve?" First, I don't think he'll "get" $800 for it based on that picture (or any picture). Second, I would have to think more than a few coins on ebay are priced under PCGS price list and have no reserve. Does this guy think it's his duty to alert everyone on those, too? I'm completely unbiased on this one but he shouldn't be messin' with "my" coin. image

    Joe
    The Philadelphia Mint: making coins since 1792. We make money by making money. Now in our 225th year thanks to no competition. image

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