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braddick
Posts: 23,965 ✭✭✭✭✭
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peacockcoins
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It is either the same coin or the same pic.!!!!
Nice markup though
Hell, I don't need to exercise.....I get enough just pushing my luck.
Jerry
Tom
Coin's for sale/trade.
Tom Pilitowski
US Rare Coin Investments
800-624-1870
<< <i>Make about 10 of them a year and sell them for 25K a piece and spend the rest of the time watching DVDs and posting to some esoteric out of the way message board. >>
From $72.00 to $3800.00 now that's a nice profit. Well okay, so I don't know how much Bryan sold it for, but I doubt it was $3000.00
Michael
<< <i>Shipping and handing is $450 and $450 for insurance >>
Maybe that is why it cost so much!
Haha Yeah the Color may Fall off.....
Toned Coins for sale @ tonedcointrader.com
<< <i>It seems like two board members are in cahoots to pull some very shady deals. >>
That does not look good at all.....
As obvious as this appears to be, and before we all jump to conclusions don't you think we should let both of these board members try to explain this, (if it can be explained), before we condem them before hearing what they have to say? Are or we just going to lynch them now without a trial?
Then again they might, or could, just tell us all to go screw ourselves.
<< <i>It seems like two board members are in cahoots to pull some very shady deals. >>
I for one am very very troubled to see this! Very troubled
Mike
idocoins
Ken
The markup is not a problem at all. If I "ripped" a coin for $100 that was really worth $5,000, I would sell if for $5,000. However, coins should be described accurately and completely. If you think it is AT, just say it is AT. If that means less of a profit, then deal with it.
Our eBay auctions - TRUE auctions: start at $0.01, no reserve, 30 day unconditional return privilege & free shipping!
<< <i>Not quite the ridiculous markup, but respected DLRC has a 20-s Lincoln for $3150 that just sold for $1550 in auction. >>
I don't think it's quite the same!
Mike
idocoins
SHeeeeeeeT!! If he's so "pretty" sure it isn't AT submit it before throwing it at the public.
Jim
I need to do some more checking on the subject because I vaguely remember TBT saying that the coin wasnt AT...
He didnt admit that he sold the coin to Adrian, but he very well might have bought it raw...and sold it to Adrian the next day raw...where it remains raw today.
Adrian has always been very straight in our dealings.
siliconvalleycoins.com
Tbig
TBT seems to turn a profit selling to Anaconda - but Anaconda hasn't made anything since he still has it on offer. Just because he is asking $3,800 doesn't mean it will ever sell for that.
Toned coins are like a work of art and each toned coin is pretty much unique. If it's worth $3,800 to someone, then they can buy it for that (though I would think either they weren't quite right in the head, or had a very hard time spending their money).
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Say a 41-S Walker in 66 then upgraded to a 67.
Would be a pretty nice profit. Is that a scam???
I think not, so if the market will bear the price, go for it.
I have toned coins that I bought years ago for $1-2 each, that I would sell now for $300.
Let's let these guys go!
Ike Specialist
Finest Toned Ike I've Ever Seen, been looking since 1986
Anacs slabbed one coin as AT and now being sold as NT. Not just because it is being sold as NT but because full disclosure of its slabbed history is hidden whether intentional or not.
As RYK mentioned the murkiness of it--that is what is troubling the most.
Joe
I don't think that anaconda, nor TBT, is "scamming" anyone. They are just buying and selling coins and trying to make a profit, as all dealers do. I know that TBT is well respected by many dealers and I have never heard anything negative about their company. Same for anaconda. My earlier comments stemmed from the fact that I think the anaconda listing could have included more information about the coin and less info about "how to invest in rare coins". I think that we should just let anaconda explain. I am sure that there's an excellent explanation. A mob mentality is rarely a good thing.
Our eBay auctions - TRUE auctions: start at $0.01, no reserve, 30 day unconditional return privilege & free shipping!
<< <i>The problem (IMHO) as I see it is not the profit potentially being made but the circumstances surrounding the coins. AT or NT
Anacs slabbed one coin as AT and now being sold as NT. Not just because it is being sold as NT but because full disclosure of its slabbed history is hidden whether intentional or not.
As RYK mentioned the murkiness of it--that is what is troubling the most.
Joe >>
Segoja That's what is wrong here, not the profit!
Mike
idocoins
<< <i>It seems like two board members are in cahoots to pull some very shady deals. >>
Either that or someone knows what its really worth
“It ain't what you don't know that gets you into trouble. It's what you know for sure that just ain't so.” Mark Twain
Newmismatist
Different standards as usual here.
Ken
I would say that just like any other people, they should be given their chance to speak...
siliconvalleycoins.com
<< <i>I would say that just like any other people, they should be given their chance to speak... >>
Agreed...
The toned coin market is a very complicated market. Those who understand what certain “looks” can command for a premium have a specific eye, not unlike those who understand the “look” of high grade moderns.
I don’t find any fault in either of these parties, regardless of the prices realized at any time. I don’t understand the pricing dynamics of either well enough so I stay away from both.
<< <i>I would say that just like any other people, they should be given their chance to speak... >>
I agree...... I think this might be something that is being blown out of proportion... Let me ask any and all of you. How many times have we seen, and watched Adrians Ebay auctions? Of all of those high priced coins he has listed how many of them have you seen sell? Not many I would think, because he for the most part has them priced off the charts in my opinion, and of all of the time that Adrians been a member of Ebay I have seen few people sell there that will openly give you their phone number and tell you to call them with questions.
I am not here trying to defend Adrian for trying to sell a coin on Ebay, because I am not a lawyer and he is, so I doubt he needs defending from me. But since I have never had any coin dealings whatsoever with Adrian, I still think the guy is a straight shooter and before you all lynch him I think you might want to look at this scenario a little bit more and stop trying to hang someone without a trial. Also who's to say what this coin is worth? Hell I've seen and paid alot more than $3800.00 for a gorgeously toned coin, and what about the buyer that post here that paid close to $70K for a Oregon Trail..... Who's to say he is, or was a fool? Not me..... With the way the coin market is right now who knows what that 1884 Morgan is really worth to someone.
BUT, the coin IS NT & WAS NT all along. He's laughing now seeing some of you all beleive the "original" sellers questionable (questioning of NT) description MORE than him
Edited to add: It's late (11:15pm here in Dallas) , I'm tired, & I just can't remeber how to correctly spell BEELEAVE & I'm too lazy to enter it in Word to do a spell check
It is good to see that you arent a conspiracy theorist....
John
siliconvalleycoins.com
<< <i>RB,
It is good to see that you arent a conspiracy theorist....
John >>
When we are planning for posterity, we ought to remember that virtue is not hereditary.
Thomas Paine
<< <i>There's nothing shady here. There's some stupid people out there paying huge premiums for pretty colors. These guys are just fishing for sucker money. He probably believes its NT and it might be. But anyone dumb enough to pay 3800 for a common date ms64 Morgan is throwing thier money away anyway. >>
What if your Grandmother bought this coin. Would it be shady then ? Ethics does enter in. Preying on the unsuspecting is just plain not cool. Preying on the stupid is a different story. Slab the thing atleast and then probably the tone would be good.
Ken
<< <i>C'mon guys. Are you really that gullible. Adrian set the whole thing up. He got the first guy to sell it & question its NTness. Then he got the 2nd guy to buy it. Then he got you to believe he bought it from the 2nd guy (thus preserving his plausible deniability as to the questionable NTness).
<STRONG>BUT</STRONG>, the coin IS <STRONG>NT</STRONG> & WAS <STRONG>NT</STRONG> all along. He's laughing now seeing some of you all beleive the "original" sellers questionable (questioning of NT) description MORE than him
<STRONG>Edited to add:</STRONG> It's late (11:15pm here in Dallas) , I'm tired, & I just can't remeber how to correctly spell BEELEAVE & I'm too lazy to enter it in Word to do a spell check >>
Hi Adrian! What gives???
<< <i>Before any more is said here about this matter maybe you all should take a look here at this thread posted by Braddick "two" years ago, and especially the last page..... Very interesting to say the least. Looks like there might be more dogs in this hunt than previously thought >>
I was wise back then also
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<< <i>What if your Grandmother bought this coin. Would it be shady then ? Ethics does enter in. Preying on the unsuspecting is just plain not cool. Preying on the stupid is a different story. Slab the thing atleast and then probably the tone would be good. >>
I hope my grandmother wouldnt pay 50 times a coins value because it had pretty colors. Just my opinion of course but If you want to pay 3800 for a 40 buck coin with pretty colors then this ones for you ....why does it matter if it got that way in 50 years or in 5 weeks, if is AT or NT. Thats fools money either way.
There are a lot of them going into sulfur sacks as we speak which will be ready for sale in a few years.