Greedy POS rips off active military member ATS.

relicsncoins

Unbelievable, and then to brag about it. I sure hope this is a joke.

Link.

WTF

Here is the text in case he decides he shouldn't post about his unethical behavior and edits or deletes his post.

"Right place at the right time..

Was paying off a loan for a recent Roof Replacement on my home last week at my wife's Credit Union when leaving I heard this weird clinking/clanging and noticed a young Military Pilot trying to cash in his bags of coins in the coin counter.

The machine for some reason wouldn't take his coins.. I told him did he have any Half dollars and he told me yes, also Silver dollars.

Well, I then asked him how much did he think he had and I would buy them from him since it was near closing and this dude seemed peed off because the machine wouldn't take them and we agreed. I took a chance without seeing what he had and took his word on the amount.

What happened next was very fulfilling with joy.. I hit the Morgan, Peace dollar jackpot. I will only offer this. 5 figure book values and upper 4 figure Silver Melt value.

Also, had many Walkers and Franklins with numerous Silver% Kens.

Rare CC Morgans and Peace dollars in Vf/Au condition, along with a bunch of Slider Walkers and Franklins. I also had many Silver Canadian quarters in the hooch..

Investment was $349.. New coins/Silver to my collection.. PRICELESS!!!!.

Lastly, I never knew that Military credit unions were fee free on coin machines and didn't know the machines don't take anything larger than Quarters.

I hope he didn't cash in his grand dads coin collection.. I am still shocked that a educated Aviator didn't understand the value of these coins and am sick that I didn't have a chance at the other bags of coins he did get through the coin counter."

TexasNationals

He said he didn't look in the bag and took a chance, if that is true how did he rip anyone off? Would it have been better for the pilot to take them to the counter and change them at face? I am not sure I believe any of the story but I also don't see any malicious intent?

DAM

How anyone could be so stupid to sell that at face value. You would have to be from another planet not to know there was numistmatic value there. If not that, then at least the silver value.

Makes me wonder about the legitimacy of the story.

commoncents05

<< <i>He said he didn't look in the bag and took a chance, if that is true how did he rip anyone off? Would it have been better for the pilot to take them to the counter and change them at face? I am not sure I believe any of the story but I also don't see any malicious intent? >>



I agree. He was sitting at a CoinStar machine exchanging them for face value. I certainly wouldn't call it a rip off, or the guy a POS.

-Paul

MercCrazy

Didn't take advantage of him. Just because you're a service member doesn't excuse you for being an idiot.

relicsncoins

<< <i>He said he didn't look in the bag and took a chance, if that is true how did he rip anyone off? Would it have been better for the pilot to take them to the counter and change them at face? I am not sure I believe any of the story but I also don't see any malicious intent? >>



C'mon, are you that niave? He didn't looke in the bag? But heard the wierd sound of large silver clanking and clinking in the coin counter?

GoldenEyeNumismatics

Knowledge is power.

While I don't necessarily support what that guy did, the military guy was no worse off than if he had just run the money through the counter. I'd rather have at least one private individual benefit from that find rather than the bank. If he had offered the military guy $5,000 for the silver he probably would have been spooked and left.

TexasNationals

I am going off what the story says, if you want to assume or have me make sh*t up I can do that too, just don't expect it to be accurate. How about this, "the service member laughed that he only paid 30c per dollar to make a 70% profit, I ripped a ripper!"

relicsncoins

I would've let the guy know what he had and then offered him a fair price. That is the honest thing to do.

Cakes

<< <i>Didn't take advantage of him. Just because you're a service member doesn't excuse you for being an idiot. >>



I agree, my kid is a Marine and I still can't get behind the OP on this one.

Goldbully

That is the same yaha that used to post on this forum!!!

We had several PM's up until 2009.

I'm ashamed he is so vindictive!!!

epcjimi1

I hate reading these rip-off stories. I gotta stop. I'm not going to read them anymore. From the guy who emptied the vacuum cleaner at the bank, to the little old lady who sells for 10% of what it's worth or the buyer in the local motel on the weekend, it's just a big huge bummer that people treat others like that and is a sore filled with pus that will never heal.

Ugh.

Pokermandude

Seems he bought the bag sight unseen, trusting the guy's estimation of how much was in there. He easily could have ended up paying $350 for <$350 worth of clad coins, or even fake morgans/etc. He took a risk and it paid off. Assuming the coins are genuine that is.

derryb

Devil's advocate on this one:

I'm just curious as to what the opinion of this buyer would be if he hadn't purchased from a military member? Is it really much different than buying silver at face from the bank because some unknowing poor soul just deposited it at face and the teller has to sell it at face? While I don't agree with the poster's actions I think he was bragging on the "find" and not on the taking advantage of someone. Is it possible that the "find" is the same thing as taking advantage of someone? We all are proud of our "finds" and because the seller was a military member in this case are we to think of it differently? If buyer had found the same deal at a flea market would he be guilty of taking advantage of someone? I'm not here to defend his actions, it just brings up the routine moral delima in collectible buying - "where does one draw the line between scoring a good deal and taking advantage of someone?" Is it the amount paid vs. real value or is a matter of who the seller is?

TheCoinGeezer

I fail to see where the purchaser is either greedy or a POS, based on the story posted.
I agree with the poster that said that being a serviceman doesn't excuse you for being an idiot.
But I have strong doubts about the veracity of the story in the first place.
And what does "ATS" mean?

mrcoin3

I sure hope you guys aren't naive enough to believe that story.

TexasNationals

ATS= Across The Street = NGC

I have met some real mook pilots in my day, Anglico Kids come to mind when they dropped a J-DAM 30 yards from me, only 270 yards off the target. F=18 Super Hornet+slow pilot+technology=disaster and shrapnel in my back and neck.

19Lyds

<< <i>

<< <i>He said he didn't look in the bag and took a chance, if that is true how did he rip anyone off? Would it have been better for the pilot to take them to the counter and change them at face? I am not sure I believe any of the story but I also don't see any malicious intent? >>



C'mon, are you that niave? He didn't looke in the bag? But heard the wierd sound of large silver clanking and clinking in the coin counter? >>

He did not say anything about "large silver clanking and clinging" but said " I heard this weird clinking/clanging".

If the young man was changing them in at face value anyway, whats the problem?

PerryHall

Total B.S. Sounds like a troll trying to stir up some controversy.

ColonialCoinUnion

<< <i>Total B.S. Sounds like a troll trying to stir up some controversy. >>



That's how it reads to me.

derryb

If a seller gets what he wanted and it is a matter of him wanting too little, then he took advantage of himself.

TwoKopeiki

I once bought a $1,000 variety from a dealer for $100 because he was ignorant of it - am I a scumbag?

19Lyds

<< <i>Total B.S. Sounds like a troll trying to stir up some controversy. >>

Sounds like a distinct possibility to me.

I recently purchased a large bag of Kennedy's from the bank at face value that yeilded 10 full rolls of silver coins. When I asked the teller, she stated that she had advised the depositor to pull out the silver since it had value but the depositor didn;t really care. She just wanted to get rid of the coins.

I've read on these forums of folks getting full rolls of Morgan Dollars at the Bank at face value, deposited by folks who either didn't know or didn't care. They just wanted to get rid of the coins.

Some people are just like that.

scottgardener

My opinion is as follows:

Lay persons should be informed of what they have. You can offer less than it is worth, but they should realize that this is so. The guys on Pawn Stars may be offering cheap, but they are honest about it.

Active military deserve better treatment than average for reasons that are self-evident.

Coin dealers are professionals with an obligation to know their facts. Still, I will not take advantage of blatent errors such as adding up totals wrong or coins that obviously were put in the wrong bucket. Cherry-picking obscure varieties is fair game, as long as doing so is not blocking other people from being able to give the dealer business.

stman

So we have this story, then we had the guy on here a while back that bragged he was a man of means so nobody suspected him of anything when
he went through the vacuum cleaner bag at the bank. (That thread I believe got deleted)

Edit to add, I don't believe this new "story" for a second. Now the "man of means" and the vacuum cleaner business I do believe.

Swampboy

George is having a good laugh on everyone.
This is total fiction.

Bubblehead

<< <i>

<< <i>Total B.S. Sounds like a troll trying to stir up some controversy. >>



That's how it reads to me. >>





Me Three!

TexasNationals

It wasn't him who went through the vacuum cleaner, he is still here and made it right.

TheCoinGeezer

<< <i>The guys on Pawn Stars may be offering cheap, but they are honest about it. >>



The Pawn Stars guys start low but then negotiate upwards with a knowledgeable seller.
The real slime ball is the guy in Detroit on Hard Core Pawn.
Not only does he pay pennies on the dollar and take cruel advantage of desperate, uninformed sellers but then brags about it afterward.

stman

<< <i>It wasn't him who went through the vacuum cleaner, he is still here and made it right. >>



I never said it was.

TexasNationals

stman, I read it wrong, sorry.

bulldozer

To me its ok. I strongly believe in "what goes around comes around"...The author will get his one day.

WTCG

<< <i>

<< <i>Total B.S. Sounds like a troll trying to stir up some controversy. >>



That's how it reads to me. >>



I agree. Story doesn't really add up.

WoodenJefferson

I think a title change in this case would help....Greedy POS claims to rip off active military member as reported ATS.

DuPapa

True story or false, either way.... sad tale that reflects poorly on the authors character....

WillieBoyd2

Last week he ripped off the "Little Old Lady":

http://forums.collectors.com/messageview.cfm?catid=6&threadid=827224

(Another Urban Legend)

NotSure

<< <i>My opinion is as follows:

Lay persons should be informed of what they have. You can offer less than it is worth, but they should realize that this is so. The guys on Pawn Stars may be offering cheap, but they are honest about it.

Active military deserve better treatment than average for reasons that are self-evident.


Coin dealers are professionals with an obligation to know their facts. Still, I will not take advantage of blatent errors such as adding up totals wrong or coins that obviously were put in the wrong bucket. Cherry-picking obscure varieties is fair game, as long as doing so is not blocking other people from being able to give the dealer business. >>



I had a long rant that I'll forgo, and just agree with the bold part in scottgardener's statement. I do hope the story is BS, but for some reason, I doubt it is.

NotSure

<< <i>True story or false, either way.... sad tale that reflects poorly on the authors character.... >>



Well put.

TwoSides2aCoin

You know what was really in the bag, right ?

Broadstruck

Sounds like it was totally fabricated.

MsMorrisine

yaha does like to yank chains

GrumpyEd

<< <i><< Total B.S. Sounds like a troll trying to stir up some controversy. >> >>

leothelyon

Came across an ad on a billboard for silver dollars years back when silver was $7-8. The people were a few blocks away so I went there to take a look. An elderly lady had a cigar box and she wanted $450 (can't remember) but when she opened the box, they were all circulated Ike dollars. She had about 200 of them. I don't think she believed me when I informed her the coins were not made of silver.

KeyLargoRareCoins

<< <i>How anyone could be so stupid to sell that at face value. You would have to be from another planet not to know there was numistmatic value there. If not that, then at least the silver value.

. >>



You could not be any more incorrect with your earlier statement.

I am the owner/operator of Key Largo Rare Coins, Recently there was a full page article written in the local paper about my buisness. After the article was printed it then made front page of another paper. Since the article came out I get dozens of phone calls from people all over my area wanting to know the value of old coins they have. Most of the people have no idea of value and most also do not know anything about silver coins and the silver value. I talk to dozens of people who dont even know what the price of silver is let alone that certian coins contain silver. Ive also done several appraisals on coin collections since the article and appraised collections any where from 1000.00 to over 500,000 all from people who had no idea what they had an had know idea there was any real value. Most people outside of the numismatic community have simply no idea that single coins have sold in excess of one million dollars, and that there can be some real money in coins. Its not that people are stupid, there are simply people out there that are not a part of the numismatic community and do not know other people involved in the community.

Blackhawk

This is obviously a story designed to make the local coin dealers mad at themselves for offering the guy less than face value (Sorry, I don't pay a lot for coins that old) when he stopped at their shops before hitting the coin machine.

JustPlainAl

I call BS on this internet story.

Don't believe everything you hear from a 12 yr old kid in www-land.

Bochiman

Not sure why some folks are trying to make excuses for him or call it fake....

If he didn't do it, then, just as before, his postings are full of crap and he doesn't understand how to relate to normal, intelligent, people.
If it is true, and he went into it expecting a bonanza, which is how I read his own words, then he is not only mentally lacking, but also morally bankrupt; imho.

Frankcoins

<< <i>yaha does like to yank chains >>



Here he really really respects military people.

ibzman350

<< <i>I am going off what the story says, if you want to assume or have me make sh*t up I can do that too, just don't expect it to be accurate. How about this, "the service member laughed that he only paid 30c per dollar to make a 70% profit, I ripped a ripper!" >>



I was a Ripper back in the 70s................we never got ripped, we did the ripping.







Herb

19Lyds

<< <i>

<< <i>yaha does like to yank chains >>



Here he really really respects military people. >>

Hmmmm. Someone plagiarized me in the rec.collecting thread.

johnny9434

<< <i>Didn't take advantage of him. Just because you're a service member doesn't excuse you for being an idiot. >>



i agree. it does make me wonder why the person is enlisted thou?