New World Rarieties---BEWARE

rjsriv

I was going to send them a coin--They have a AD in the back of the greysheet but something told me to call first before sending the coin. I spoke to them and they said "Oh the bid went down this week and we can only pay $40 dollars less than advertised"

<< <i>If something is too good to be true, it probably is >>

Russ

There's a bit of lead time for print advertising. It's quite possible they were telling the truth.

Russ, NCNE

ER

<< <i>There's a bit of lead time for print advertising. It's quite possible they were telling the truth.

Russ, NCNE >>

ScarsdaleCoin

I would give them the benefit of the doubt....I know Brian and Chris for many years and dont think they are trying to trick anyone....as mentioned the print ads do have a long lead time....take a look at gold prices ....most show a spot basis.... if you look at some of the ads this past week ....the spot basis published in several ads is $420's and we all know what gold is at now....

ER

<< <i>I was going to send them a coin--They have a AD in the back of the greysheet but something told me to call first before sending the coin. I spoke to them and they said "Oh the bid went down this week and we can only pay $40 dollars less than advertised"

<< <i>If something is too good to be true, it probably is >>

>>



BTW, you were going to send somebody your coin without talking first?

DUIGUY

I have sold them two coins in the past, no problem. However, since then they do seem on the reluctant side to trade coin for coin. On a brighter side the 82cc GSA MS65 DPL I just got from them is absolutely out of this world. I could'nt be more pleased.

DMWJR

yes, what is this coin you wish to sell?

Tonelover

Markets change and it sounds like they were upfront with you. What's the problem?

rjsriv

The coin is a 1941 PROOF WALKER in PCGS Pr65--It is Clean, Bright and Flashy. The only reason Im getting rid of it was I got a 66. I just felt that If you advertise a price and a few days latter you are lowballed, It seems fishy to me.

Rampage

<< <i>The coin is a 1941 PROOF WALKER in PCGS Pr65--It is Clean, Bright and Flashy. The only reason Im getting rid of it was I got a 66. I just felt that If you advertise a price and a few days latter you are lowballed, It seems fishy to me. >>



Put yourself in their shoes. If you advertised to buy a coin for say $500.00, and a week later someone offers to sell you one for that price, but the coin is actually only bidding a $460.00, would you still buy it?

stimmy

I purchased some coins from them and have been satisfied with both the coins and transaction. One of the few dealers I would recommend.

BillJones

I have bought and sold coins with New World Rarities and have had good experiences.

I can't blame a dealer for not paying more than "bid" from a print ad. In the old days coin prices often moved very slowly. Today prices change from day to day.

The one thing I will say is that in this market, any coin or series that is going down in this market, with the exception of some selected modern issues (e.g. modern Proof sets) must be stone cold. It seems like the prices for everything are on the move.

librtyhead

New world is alright I bought a few coins from them years ago all af them were nice coins they had a deal a few years ago 10 dif morgans bu for 100.00 it was a good deal last year they were calling me to try to got me to buy some gold I probly should have listened.