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Someone explain how these people take this risk?

skeeterskeeter Posts: 177
in U.S. Coin Forum
Tell me how someone can buy an item like this and take the risk of it not being cleaned? If it is cleaned, would it not be worth between $700-$1000?







http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&rd=1&item=330219545506&ssPageName=STRK:MEWAimageIC&ih=014imageIC&ih=014">null

Comments

  • direwolf1972direwolf1972 Posts: 2,076 ✭✭✭
    link
    I'll see your bunny with a pancake on his head and raise you a Siamese cat with a miniature pumpkin on his head.

    You wouldn't believe how long it took to get him to sit still for this.


  • LincolnCentManLincolnCentMan Posts: 5,347 ✭✭✭✭
    Some people have more dollars than "cents."

    -David
    Lincolncentman Toned Lincolns
  • 291fifth291fifth Posts: 24,552 ✭✭✭✭✭
    "I am not a coin collector..."

    It's all you need to read.
    All glory is fleeting.
  • MichiganMichigan Posts: 4,942 ✭


    << <i>"I am not a coin collector..."

    It's all you need to read. >>




    Yep, it has that phrase to try and make you think they would never do anything dishonest because they don't know anything
    about coins and then throw in a nice home spun story about a relative and some other collectable stuff to make you think they
    are a simple down home upright person and then a dealer story to try and show a contrast between their honesty and
    what someone else might do. It has all the tricks and elements that some people will fall for.
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    There is a fishing term for this...it is called 'trolling' - when you drag bait, looking for a bite... image Cheers, RickO
  • skeeterskeeter Posts: 177
    Even if it is grandpa's coin and been in the family 60 years, it could still be cleaned.
  • GoldenEyeNumismaticsGoldenEyeNumismatics Posts: 13,187 ✭✭✭
    ms62
  • cinman14cinman14 Posts: 2,489 ✭
    Their E-Bay name says it all Golden Goose=Too much money Too little brain activity image
    they have spent over 20 grand in the last week alone on gold coins
  • dorkbardorkbar Posts: 427 ✭✭✭
    Let's not forget the reasonable $43.50 for shipping.

    For that, I'd expect the coin sent Registered surrounded by 15 pieces of all-white KFC.
  • coindeucecoindeuce Posts: 13,490 ✭✭✭✭✭
    How do you know that the buyer didn't negotiate an escrow transaction? Could very well be the case here. I know that would have been my strategy. NO GUTS, NO GLORY.

    "Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
    http://www.american-legacy-coins.com

  • percybpercyb Posts: 3,333 ✭✭✭✭


    << <i>Let's not forget the reasonable $43.50 for shipping.

    For that, I'd expect the coin sent Registered surrounded by 15 pieces of all-white KFC. >>



    Did the shippin include insurance?? What's it cost to insure a delivery of a piece fo 4k?
    "Poets are the unacknowledged legislators of the world." PBShelley
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,482 ✭✭✭✭✭
    The information superhighway doesn't run through every yard, Boo Boo image
  • clarkbar04clarkbar04 Posts: 4,976 ✭✭✭✭✭
    Doesn't look cleaned to me.
    MS66 taste on an MS63 budget.
  • DJCoinzDJCoinz Posts: 3,856 ✭
    Coin actually looks ok.
    aka Dan
  • marzmarz Posts: 1,601


    << <i>Even if it is grandpa's coin and been in the family 60 years, it could still be cleaned. >>



    mine would never have done that. he was allergic to most cleaning agents!image
    live each day like it's your last but don't count on it!
  • fcfc Posts: 12,793 ✭✭✭


    << <i>Their E-Bay name says it all Golden Goose=Too much money Too little brain activity image
    they have spent over 20 grand in the last week alone on gold coins >>



    yup. i have watched this person bid on some very odd half eagles
    for big money when i would have never ever considered purchasing
    them even if i had the spare cash.

    look for another pcgs submission with 8 coins and 7 BBs.
  • skeeterskeeter Posts: 177
    The one I have on eBay looks o.k. also........but the reverse has been cleaned.
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,482 ✭✭✭✭✭
    I used to live above a restaurant in Kitzingen, Germany called the Golden Goose. (Goldene Ganz).

    Dear diary,

    image
  • skeeterskeeter Posts: 177


    << <i>ms62 >>



    Wonder what percentage of collectors would risk $4000, from just a picture on eBay, to try and get a MS62??
  • BECOKABECOKA Posts: 16,961 ✭✭✭


    << <i>Coin actually looks ok. >>



    One of the sets of photos shows clear signs of cleaning or wipe marks.
  • seatedcoinsseatedcoins Posts: 1,096 ✭
    He might be thinking it is worth the risk to try to get MS62 or MS63 money for it. His fall back plan might be to try to rip someone else on eBay if he cannot get it slabbed somewhere.image
    Trustworthy BST sellers: cucamongacoin
  • skeeterskeeter Posts: 177


    << <i>He might be thinking it is worth the risk to try to get MS62 or MS63 money for it. >>




    I guess if you have deep pockets.......it may be worth the chance.
  • ArtistArtist Posts: 2,012 ✭✭✭
    Looks good to me.

    > 100% postive feed back, 246 transactions, hardly any coins = seller's story could be plausible.
    > Accepts PayPal - no return policy mentioned in auction, but one could have been negotiated privately.
    > A variety of photos that all suggest the coin is original.
    > A very nice strike for a $3 - a hit on the neck of the obverse portrait in some photos, goes away in others, might not be too bad in person.
    > At 58 the coin is worth $2.5K, at 63 $10K+, so at $4K hammer it looks like a good bet, with an acceptable downside.

    image
    >>>My Collection

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