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Someone was looking for a raw Saint?

jsfjsf Posts: 1,889
in U.S. Coin Forum
Just the other day here I saw a thread where somebody asked a question about getting some raw Saints.

What does someone look for in this instance, specifically on ebay? the coin, the terms, the seller's rep? What about this one currently out there?

link to ebay auction

Comments

  • PerryHallPerryHall Posts: 46,817 ✭✭✭✭✭
    Buying raw gold coins on eBay is like playing Russian roulette. Not a good idea.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • PrivateCoinCollectorPrivateCoinCollector Posts: 2,415 ✭


    << <i>What does someone look for in this instance, specifically on ebay? >>



    To resist the power of the temptation to buy a widget like that raw instead of from a trusted dealer or at a show for about the same price (maybe even less).
    Morgan HerdTO Gold Mine
  • jsfjsf Posts: 1,889
    yeah, my jaw about hit the floor when I read what the guy said.
  • GoldenEyeNumismaticsGoldenEyeNumismatics Posts: 13,187 ✭✭✭
    The coin has absolutely no Mint frost left on much of Liberty's body, yet the fields are almost entirely devoid of marks.

    Something's wrong with it.
  • notwilightnotwilight Posts: 12,864 ✭✭✭


    << <i>Buying raw gold coins on eBay is like playing Russian roulette. Not a good idea. >>



    I disagree. If you lose, you still get to play again and if you win, you win. I believe I saw an 1839 half posted this morning that looked like a sweet ebay purchase. --Jerry
  • PerryHallPerryHall Posts: 46,817 ✭✭✭✭✭


    << <i>

    << <i>Buying raw gold coins on eBay is like playing Russian roulette. Not a good idea. >>



    I disagree. If you lose, you still get to play again and if you win, you win. I believe I saw an 1839 half posted this morning that looked like a sweet ebay purchase. --Jerry >>



    My point was that you may win a few times but eventually you will lose. Good luck with that raw 1839 half.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • ARCOARCO Posts: 4,431 ✭✭✭✭✭
    You lose, because there exists WAY TOO much upside potential to holder it as opposed to selling it raw. What is the cost to find out if you $20.00 saint is an MS63 or higher? Experienced sellers know this, and you will lose far more than you will win.

    Whatever its grade, I sure like how it looks though.

    Tyler
  • DorkGirlDorkGirl Posts: 9,994 ✭✭✭
    It's a scan.
    Becky
  • GATGAT Posts: 3,146 ✭
    Run, run, run from that seller on raw anything. His slabbed coins are usually lower end and his raw stuff is to be avoided. (from experience)
    USAF vet 1951-59
  • PerryHallPerryHall Posts: 46,817 ✭✭✭✭✭


    << <i>It's a scan. >>



    You misspelled "scam".image

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • roadrunnerroadrunner Posts: 28,313 ✭✭✭✭✭
    Raw saint on ebay? NEVER.

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • MrBearMrBear Posts: 379 ✭✭✭
    Well, you have to give him credit for truth in advertising...he does say it's "bunc" image

    "1907 $20.00 SAINT GAUDENS CHOICE TO GEM BUNC"

    See?? image
    Occasionally successful coin collector.

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