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Introducing Modern Coin Wholesale

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  • wondercoinwondercoin Posts: 16,997 ✭✭✭✭✭
    "To ColonelJessup Jeez, folks, all he was doing was saying "hello"

    The OP directly asked on the second page get some honest feedback on the website

    I think most people did provide the honest feedback he asked for ...."


    Yes, this was the key. Obviously, I do not make it a point here on the boards to "rain on the parade" of anyone ... dealer or collector. But, MCW did not just say "hello" and leave it at that. MCW asked for honest feedback about the site.

    I, in fact, went to the site for the purpose of buying a 1996 Silver Eagle in PCGS-MS69. Dealer high bid on the CCE network is $83 right now (other than the $102 bid I personally placed to become high bidder now). I missed buying a couple coins on ebay, because I did not want to compete in the $120-$125 range (where the coins sold). In fact, one just sold at under $125 and I was the underbidder. So, I was hoping to make my first purchase over at MCW after reading this thread. Instead, I saw an asking price of $159.95 on the coin. And, hence my comment. I tried to make the comment as "honest" as possible. I believe this was the "honest feedback" MCW was looking for.

    One day, if and when Justin "takes over" my website and launches an aggressive selling campaign on line (as MCW is doing here), I will probably INSIST that he introduce the website here (just as MCW did), ask for honest feedback on his work (just as MCW did) and LISTEN to everything reasonable that is suggested and make changes that are warranted.

    Wondercoin
    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
  • mariner67mariner67 Posts: 2,746 ✭✭✭


    << <i>To ColonelJessup Jeez, folks, all he was doing was saying "hello"

    The OP directly asked on the second page get some honest feedback on the website

    I think most people did provide the honest feedback he asked for .... >>



    image

    He did not just say hi, he asked for feedback and got it.
    Successful trades/buys/sells with gdavis70, adriana, wondercoin, Weiss, nibanny, IrishMike, commoncents05, pf70collector, kyleknap, barefootjuan, coindeuce, WhiteTornado, Nefprollc, ajw, JamesM, PCcoins, slinc, coindudeonebay,beernuts, and many more
  • SenexSenex Posts: 483


    << <i>

    << <i>

    << <i>

    Ron's been a pain in the butt to other dealers for quite a while. image Because he knows his stuff image

    He's very knowledgeable in more areas than I could mention. I can only guess at how many billions of dollars of coins he graded at NGC.

    I find it repugnant that his pricing on any speciific item is being discussed here. If I were him I'd not dignify any such comments with a response.

    I know nothing about the pricing of Moderns or bullion. Whatever his pricing paradigm, he's been around long enough to adjust it to "what the market will bear". In both directions.

    Best part of his first post on this thread: family involvement. Not just parenting, but mentoring. I get the same good feeling from wondercoin's posts relating to the same subject.image

    Jeez, folks, all he was doing was saying "hello" >>




    And plenty are genuinely saying hi back, too. There seem to be some valid questions raised about Retail+ pricing on a site using the name Wholesale....a fair critique, no? Likely a response that would be given to any member...new or old. >>


    I completely agree. If the company were called, Modern Coin Marketplace, the issue would never have been raised. Calling it Modern Coin Wholesaler changes the expectations. It gets the potential buyer to think price, first. It makes me think that there will be wholesale pricing. In this case, I do not think that the name is suitable for the retailer. >>



    image
    The OP asked for feedback and he got it.
    Nothing vicious but honest feedback.
    As I always say: if you don't want to hear the answer, don't ask the question.
  • SwampboySwampboy Posts: 13,100 ✭✭✭✭✭


    << <i>

    << <i>

    Ron's been a pain in the butt to other dealers for quite a while. image Because he knows his stuff image

    He's very knowledgeable in more areas than I could mention. I can only guess at how many billions of dollars of coins he graded at NGC.

    I find it repugnant that his pricing on any speciific item is being discussed here. If I were him I'd not dignify any such comments with a response.

    I know nothing about the pricing of Moderns or bullion. Whatever his pricing paradigm, he's been around long enough to adjust it to "what the market will bear". In both directions.

    Best part of his first post on this thread: family involvement. Not just parenting, but mentoring. I get the same good feeling from wondercoin's posts relating to the same subject.image

    Jeez, folks, all he was doing was saying "hello" >>




    And plenty are genuinely saying hi back, too. There seem to be some valid questions raised about Retail+ pricing on a site using the name Wholesale....a fair critique, no? Likely a response that would be given to any member...new or old. >>



    I bought a generic gold eagle from a member with "Rare" in their company name and never thought about roasting them on the forum.
    I suppose I shouldn't let opportunities like that go by. Life's too short isn't it?

    "Inspiration exists, but it has to find you working" Pablo Picasso

  • RYKRYK Posts: 35,799 ✭✭✭✭✭
    I bought a generic gold eagle from a member with "Rare" in their company name and never thought about roasting them on the forum....

    The definition of "rare coin" is debatable and "rare coin" often used interchangeably for collectible coin. The definition of "wholesale" (see below) is not.

    Verb
    Sell (goods) in large quantities at low prices to be retailed by others.

    Noun
    The selling of goods in large quantities to be retailed by others.
  • cladkingcladking Posts: 28,723 ✭✭✭✭✭


    << <i>Hi All, thanks for the welcome and understanding. I wanted to break the ice, get our story out, and get some honest feedback on the website.
    Its great to hear about other businesses in the industry with sons and daughters too.
    We have already sold thousands of PCGS modern coins and are looking forward to offering more PCGS world coins... as well as expanding the modern coin market in general, competition aside.
    What kind of PCGS graded world coins do you think will be the most in demand this year?
    As for our prices, they reflect what we can retail coins for, as we also buy sell and trade in other retail avenues. Plus as a former coin grader and finalizer I hand select coins and make sure they meet my criteria to be on the website, so there is an extra added confidence when buying from our website.
    >>



    I went later and looked at the site and selection. You probably already have the sorts
    of coins that will be the best sellers, especially in this country. A few older ones might
    sell abroad. Of course your primary focus has to be what sells but as a collector my pri-
    mary focus is the circulating coinage made since WW II. While the demand is too small
    to make a market, or even any money probably, in these markets I believe it will be the
    circulation issues that define the market in the longer term.

    I'll keep an eye on your site in any case though.
    tempus fugit extra philosophiam.
  • bidaskbidask Posts: 14,022 ✭✭✭✭✭


    << <i>Hi All, thanks for the welcome and understanding. I wanted to break the ice, get our story out, and get some honest feedback on the website.
    Its great to hear about other businesses in the industry with sons and daughters too.
    We have already sold thousands of PCGS modern coins and are looking forward to offering more PCGS world coins... as well as expanding the modern coin market in general, competition aside.
    What kind of PCGS graded world coins do you think will be the most in demand this year?
    As for our prices, they reflect what we can retail coins for, as we also buy sell and trade in other retail avenues. Plus as a former coin grader and finalizer I hand select coins and make sure they meet my criteria to be on the website, so there is an extra added confidence when buying from our website.
    - Ron >>

    i would be interested in buying any world silver crowns
    1940 to 1970 high grade.
    I manage money. I earn money. I save money .
    I give away money. I collect money.
    I don’t love money . I do love the Lord God.




  • hammer1hammer1 Posts: 3,874 ✭✭✭✭✭
    I get the impression some posters have an ax to grind with OP.
  • MsMorrisineMsMorrisine Posts: 35,731 ✭✭✭✭✭


    << <i>I get the impression some posters have an ax to grind with OP. >>




    think it's about grades? image
    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • ColonelJessupColonelJessup Posts: 6,442 ✭✭✭✭✭


    << <i>"To ColonelJessup Jeez, folks, all he was doing was saying "hello"

    The OP directly asked on the second page get some honest feedback on the website

    I think most people did provide the honest feedback he asked for ...." >>



    Quite true. He asked for it.

    I'm sure he's catching on already as to the virtues and vices of our Forum, how it operates, and what contributions he might make as he runs the gauntlet required for possible admission to the "circle of trust".

    Should he so wish.

    I'm sure more people will want to do business with Ron at his prices than with me at mineimageimage
    "People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf." - Geo. Orwell
  • RYKRYK Posts: 35,799 ✭✭✭✭✭


    << <i>

    << <i>"To ColonelJessup Jeez, folks, all he was doing was saying "hello"

    The OP directly asked on the second page get some honest feedback on the website

    I think most people did provide the honest feedback he asked for ...." >>



    Quite true. He asked for it.

    I'm sure he's catching on already as to the virtues and vices of our Forum, how it operates, and what contributions he might make as he runs the gauntlet required for possible admission to the "circle of trust".

    Should he so wish.

    I'm sure more people will want to do business with Ron at his prices than with me at mineimageimage >>


    IIRC, years ago, John Maben came here to introduce himself and his services, and he received the same, er, ... welcome. Fast forward to today, and everything seemed to work out fine for him. In other words, I predict good things for the OP, and it has little to do with the very mild hazing he has received here. image


  • << <i>Are open adverts like this allowed here? >>

    Seriously, knock it off this is just petty. It is a nice post and I wish the original poster well.
    coolbreeze
  • ConstantineConstantine Posts: 2,369 ✭✭✭
    Welcome to the forum! I didn't think at all there was an issue when I first read your post. Surprised to then read all the posts about spam and this and that. Good luck with your site.
  • DHeathDHeath Posts: 8,472 ✭✭✭
    Recently, my wife has been watching Frazier re-runs. I believe Niles' might have snarked to this thread. image
    Developing theory is what we are meant to do as academic researchers
    and it sets us apart from practitioners and consultants. Gregor
  • drei3reedrei3ree Posts: 3,430 ✭✭✭✭
    The site does look a lot like MCM+1 (which I assume is the intent), but the competition will be good for the market and the consumer will benefit.

    Good luck MCW!
  • RYKRYK Posts: 35,799 ✭✭✭✭✭
    In the technical website concern department, the site navigation is somewhat clunky on the iPad. I did manage to get an order in for a silver bar. There is indeed free shipping, and this alone will push the competitors to match it. Lord knows that everyone loves free shipping. image
  • wondercoinwondercoin Posts: 16,997 ✭✭✭✭✭
    So, how do you define AMAZING customer service...

    The CEO (Ron) called me this morning (Sunday morning) to discuss his $159.95 asking price on the 1996 Silver Eagle in PCGS-MS69 that I had previously discussed in a few of my posts here and I am looking to purchase for my personal "Top 100 PCGS Moderns" set. He essentially told me that he knows I will be fair with him, so he will be sending me the coin on a blank Invoice next week (hand-picked by him) for me to fill in the price and pay whatever I think is fair (and he will be happy with whatever I pay). He also discussed the logic behind the $159.95 pricing on his site and it made perfect sense to me.

    We discussed a variety of other issues and it became obvious to me that Ron and his team over at MCW have a potentially very bright future ahead of them. The Modern coin market is HUGE (despite what you read here at times) and there is plenty of room for MCW as well as any and all other companies that plan to run their businesses with high integrity.

    Thanks Ron for the amazing customer service and assisting me with adding the 83rd coin to my "Top 100 Moderns" set. By chance, do you know where I can find a 1964-D Peace Dollar? image

    Wondercoin

    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
  • dbcoindbcoin Posts: 2,200 ✭✭
    I noticed your banner here today. Nice to see someone pay up for the banner rather than shamelessly plug through their signature line

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