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This is a pretty bold attempt at a flip

seanqseanq Posts: 8,842 ✭✭✭✭✭
in U.S. Coin Forum
Monday Teletrade auction, coin sells for $150 + juice.

Tuesday morning it's on eBay with a $375 Buy It Now.

The eBay auction uses Teletrade's pictures, which makes sense because the seller won't have the coin in hand for at least 10 days. I'm thinking about sending an offer for the exact closing price plus fees just to see the reaction, though I'm guessing it will be rejected immediately and automatically.


Sean Reynolds
Incomplete planchets wanted, especially Lincoln Cents & type coins.

"Keep in mind that most of what passes as numismatic information is no more than tested opinion at best, and marketing blather at worst. However, I try to choose my words carefully, since I know that you guys are always watching." - Joe O'Connor

Comments

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    CoinspongeCoinsponge Posts: 3,927 ✭✭✭
    Juice is pretty expensive these days.
    Gold and silver are valuable but wisdom is priceless.
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    SenexSenex Posts: 483 ✭
    So the seller is trying to flip the coin. So what?
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    DoubleEagle59DoubleEagle59 Posts: 8,433 ✭✭✭✭✭
    Maybe it was his in the first place as it didn't sell on TT.

    Good luck! (I won't be bidding).
    "Gold is money, and nothing else" (JP Morgan, 1912)

    "“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)

    "I only golf on days that end in 'Y'" (DE59)
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    jmcu12jmcu12 Posts: 2,452 ✭✭✭
    Incomplete clips on this series are scarce aren't they? This is only the second one I have seen.
    Awarded latest "YOU SUCK!": June 11, 2014
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    braddickbraddick Posts: 25,203 ✭✭✭✭✭


    << <i>Maybe it was his in the first place as it didn't sell on TT.

    Good luck! (I won't be bidding). >>



    No, it sold or there wouldn't have been a closing price.
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    TJM965TJM965 Posts: 446 ✭✭✭


    At least he didn't break it out of the holder and try to sell it problem free. He can ask what ever he thinks it's worth.
    Will he get it? Probably not.
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    commoncents05commoncents05 Posts: 10,102 ✭✭✭


    << <i>So the seller is trying to flip the coin. So what? >>



    I agree. He must have thought it sold for less than it's true value.

    -Paul
    Many Quality coins for sale at http://www.CommonCentsRareCoins.com
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    astroratastrorat Posts: 9,221 ✭✭✭✭✭
    Nice ... not $375 nice, but still a neat coin.
    Numismatist Ordinaire
    See http://www.doubledimes.com for a free online reference for US twenty-cent pieces
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    fastfreddiefastfreddie Posts: 2,978 ✭✭✭✭✭
    At least he kept it in the holder!

    This is the same guy I went off on a rant when I was a newbie here.

    I give him credit he didn't crack it first.

    He even used the words very-lightly-cleaned twice!

    Hope Teltrade doesn't mess up on shipping before it may sell on the bay.
    It is not that life is short, but that you are dead for so very long.
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    MilkmanDanMilkmanDan Posts: 3,768 ✭✭✭✭✭
    Uh, now it says it sold for over $800.
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    renomedphysrenomedphys Posts: 4,028 ✭✭✭✭✭
    No, it was removed by the seller (after he for some reason raised the price to $875).

    Empty Nest Collection

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    NotSureNotSure Posts: 3,069 ✭✭✭


    << <i>Uh, now it says it sold for over $800. >>



    It ENDED at $875..... 'the item is no longer available', so the seller 'shut it down' himself....did the seller get an offer on it and sell it, or did he pull it for another reason? I never saw it at $375, I opened this thread and the seller had already ended it at $875, so I don't know if he raised the price, it got bids (if it wasn't a BIN) or what....was it a BIN or auction style listing??
    I'll come up with something.
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    fastfreddiefastfreddie Posts: 2,978 ✭✭✭✭✭


    << <i>

    << <i>Uh, now it says it sold for over $800. >>



    It ENDED at $875..... 'the item is no longer available', so the seller 'shut it down' himself....did the seller get an offer on it and sell it, or did he pull it for another reason? I never saw it at $375, I opened this thread and the seller had already ended it at $875, so I don't know if he raised the price, it got bids (if it wasn't a BIN) or what....was it a BIN or auction style listing?? >>



    BIN with a best offer option. Was originally at $375BIN with a best offer option. He probably saw a bunch of watchers and raised the price then ended if someone made an offer offline - just speculation on my part. Seller seems to sell only as best offers latlely.

    It is not that life is short, but that you are dead for so very long.
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    johnny9434johnny9434 Posts: 34,464 ✭✭✭✭✭
    it says $875. with the auction ended for what ever reason. im glad i dont deal with ebay anymore when i see stuff like this
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    goldengolden Posts: 10,553 ✭✭✭✭✭


    << <i>Juice is pretty expensive these days. >>

    image
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    habaracahabaraca Posts: 2,123 ✭✭✭✭✭
    Isn't it against Rules to list something on ebay that you don't have in hand?

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    habaracahabaraca Posts: 2,123 ✭✭✭✭✭
    She actually sold for

    $1,174.95 under auction 360542444340...

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    BryceMBryceM Posts: 11,941 ✭✭✭✭✭
    Lets see....... Buying things for one price and selling them for a higher price......

    Isn't that was most forms of business in this country are based on?
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    SNMANSNMAN Posts: 1,423 ✭✭✭
    LINK
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    ebaybuyerebaybuyer Posts: 2,984 ✭✭✭
    i for one prefer the guy make his money flipping coins rather than robbing banks or scamming retired folks, i know the bleeding hearts here will say hes trying to rip someone off, if only there was a way to protect people from spending thier money any way they see fit. i say let the guy make a profit, maybe he will maybe he wont. but in all honestly, who does it hurt either way ?
    regardless of how many posts I have, I don't consider myself an "expert" at anything
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    fastfreddiefastfreddie Posts: 2,978 ✭✭✭✭✭
    Since it was listed and shown it it's problem holder I have no problem with the auction unless ebay says you have to have ownership control.

    By the way how does a coin start with a BIN or best at $375 (ID#251202070761) then sell at $875 then get sold under another (ID#360542444340) for $1175.

    Must have been listed multiple times for sale.

    Luze...plz splane dis to me.

    It is not that life is short, but that you are dead for so very long.
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    FaberCastellFaberCastell Posts: 153 ✭✭


    << <i>i for one prefer the guy make his money flipping coins rather than robbing banks or scamming retired folks, i know the bleeding hearts here will say hes trying to rip someone off, if only there was a way to protect people from spending thier money any way they see fit. i say let the guy make a profit, maybe he will maybe he wont. but in all honestly, who does it hurt either way ? >>




    image
    Robert
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    g048406g048406 Posts: 247


    << <i>At least he didn't break it out of the holder and try to sell it problem free. He can ask what ever he thinks it's worth. >>



    Exactly.

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