Don't tell me, another scam for a price that was too good to be true. Lots of scams out there going on, I'm in the middle of one right now, but as the seller. What this guy I'm dealing with is doing, or at least I think he's doing at this point is pretty devious, but I've been around the block a time or two. Not going to disclose anything til I see how it ultimately plays out. I hope that you get what you paid for.
To forgive is to free a prisoner, and to discover that prisoner was you.
I don't know about this particular deal but paying for goods with Paypal gift is not only cheating Paypal but leaves little to no protection for the buyer, I know it has been debated a lot on here but rather we agree with there fees or not if we use there services we should pay for it. Saving 10 bucks or so can easily come back as a very bad mistake. just my opinion
I haven't received them yet. However, I receive a PM and email on Saturday that it will be delivered. I wanted to post when I received them. I'm holding my breath !!!
amazing how many "expert" "squezzers" go for deals like this then "squeal" when they get burned...... maybe one should stick to market priced offer by known members and avoid such issues..... hmmmm.
<< <i> Paypal but leaves little to no protection for the buyer
What protection does a seller have accepting regular PP from a buyer whose PP account is funded with a CC? Can you say chargeback? >>
If item purchased with a CC, seller in tough luck position,,,, With Amex CC ,forget it.. buyer is given benefit of doubt .. magic words ... I did not receive item paid for..
Thanks for the clarification bestday but it was more of a rhetorical question
Everyone biches that buyers have no protection using PPG. Well neither do sellers if the payment was funded with a CC. At some point there has to be some level of trust, and if there isn't, or it hasn't been established yet, I will only take PPG or a Postal m.o. Sorry, move on if you can't trust me being here as long as I have with an unblemished sales and payment record. (not you bestday, just in general)
To forgive is to free a prisoner, and to discover that prisoner was you.
Most people want PPG because they want to save money, whats the difference between stealing from paypal or stealing from a member on here? I just think its mostly people defending that practice that want to make a few xtra bucks by stealing it from paypal. Atleast be honest behind the motive. JMO
<< <i>Thanks for the clarification bestday but it was more of a rhetorical question
Everyone biches that buyers have no protection using PPG. Well neither do sellers if the payment was funded with a CC. At some point there has to be some level of trust, and if there isn't, or it hasn't been established yet, I will only take PPG or a Postal m.o. Sorry, move on if you can't trust me being here as long as I have with an unblemished sales and payment record. (not you bestday, just in general) >>
Ok Best ... I must be missing something ... Jan 6 spot was $15.85 per kitco historical chart... $15.85*20=$317. Shipping is what $12-$18 maximum if he buys insurance? So at $350 he's charging $2 over spot? The guy needs a quick sale .. I'll offer free shipping all the time when there's a motivated seller Seems perfectly on the mark to me .. I See ASE for sale all day at $2 over spot on bullion stacker and with a little patience one can buy them from some small local b&m or through CL for just over spot sometimes
<< <i>Ok Best ... I must be missing something ... Jan 6 spot was $15.85 per kitco historical chart... $15.85*20=$317. Shipping is what $12-$18 maximum if he buys insurance? So at $350 he's charging $2 over spot? The guy needs a quick sale .. I'll offer free shipping all the time when there's a motivated seller Seems perfectly on the mark to me .. I See ASE for sale all day at $2 over spot on bullion stacker and with a little patience one can buy them from some small local b&m or through CL for just over spot sometimes >>
Re Read the Ops first sentence in his post...... quote ..... I spent too much money so I need a quick sale.... I saw this offer and passed quickly
Postage is 18.00 with insurance....335.00 .. .total supposed in. . This is the amount he could get selling to a B&M .. will cash in hand He is going to all that trouble to make 10-15 bucks.... LOL
What you are really saying why buy at $2.00 over spot on BST, when you can buy at the same price at a B&M and have in hand
Now Silver at $18.00.... seller needs to pony up at least $420.00 to get coins shipped to BST buyer
Go talk to your local magistrate. You may never get a dime but if you can get a warrant served on him that should make him take notice. It would be on his record and follow him forever and create one hell of a headache for him. Just depends which state he lives in if it can be done.
it's all a moot point .. I agree to disagree .. And I am not taking anyone's side - I have no greyhound .. All I am saying is one never knows what people are thinking or their motivation or thought process when it comes to transacting .. Some people may come here first; some people may never come here .. he may be 50 miles from a B&M without a car - who knows .. Hindsight is 20/20 - Monday morning QB's aplenty ... AND - If it were a scam, all it takes is one fish to bite the hook
As far as paying $23 per ASE with silver at $18, that's worse than the scammer IMO - 27.8% over spot is pretty silly IMHO but to each their own .. I realize there are people who will pay that .. but to use your own logic - why would anyone pay $23 if they can buy singles from APMEX through check or wire at $22 (or $21.60 or less if they buy >20) ...
Answer: Because not everyone shops around or knows all the resources, comfort levels vary, etc.
SAM...I think it's more the being ignored by the buyers requests that were sent thru private messages to find out the status of shipping is what is at the root of suspicion here. The price is the price for what was sold. The seller needs to ANSWER the messages that were sent to him and either fully refund the amount he accepted or overnight the roll. And not in a couple days, NOW!
It's the inaction and non-follow up of the seller is what's the issue, not some kind of mob tactic of "now they're worth this much so you owe me this much now." Would it be the same if the value had gone down? "Uh, burp fart...now you owe me less." No, it's what it was sold for is what it's "worth" between the seller and buyer. They made their own market with their transaction. What happens with Spot after the agreement is a non-issue. jmho from an outside pov.
To forgive is to free a prisoner, and to discover that prisoner was you.
POM- I understand and agree. I only entered the conversation to challenge best day questioning the price being too low as being a suspicious tip off the Gus N/G. That's why I made the Monday morning quarterback reference, because it's easy to see now that he did not return messages that this guys N/G - a suspicion situation. The initial buyer would not have had any way of knowing what was to come and that his messages would be ignored. Thus, if the initial price offering was with in a sensible and reasonable range, there would be no reason for suspicion at the outset of the transaction
That was the only point I was trying to make from the very beginning nothing more nothing less
<< <i>POM- I understand and agree. I only entered the conversation to challenge best day questioning the price being too low as being a suspicious tip off the Gus N/G. That's why I made the Monday morning quarterback reference, because it's easy to see now that he did not return messages that this guys N/G - a suspicion situation. The initial buyer would not have had any way of knowing what was to come and that his messages would be ignored. Thus, if the initial price offering was with in a sensible and reasonable range, there would be no reason for suspicion at the outset of the transaction
That was the only point I was trying to make from the very beginning nothing more nothing less >>
If a price is low compared to the market price as in this case .. there must be a reason.. sorry.. But I have seen several dubious posts like gold under spot here etc.. Like I said.. why post here for metals price when a B&M can give the seller same or higher price?....with cash in hand..
I would anticipate that a seller would sell a coin at or near spot because a local dealer would offer below spot and a company like APMEX would also offer below spot and the seller would still have to deal with mail/delivery and other issues. I assume that is why some sellers require paypal gift- they are offering a coin below market but above what dealers would pay so they want the transaction to be without additional fees and delays. More risky, but some seller on this forum have well established reputations. But perhaps I need to better understand what you are saying, especially your reference to B&M. Thanks!
I would anticipate that a seller would sell a coin at or near spot because a local dealer would offer below spot and a company like APMEX would also offer below spot and the seller would still have to deal with mail/delivery and other issues. I assume that is why some sellers require paypal gift- they are offering a coin below market but above what dealers would pay so they want the transaction to be without additional fees and delays. More risky, but some seller on this forum have well established reputations. But perhaps I need to better understand what you are saying, especially your reference to B&M. Thanks! >>
B&M ??.... Brick and Mortar meaning local coin store .. Silver , Gold Eagles very liquid always a buy/sell price available.. dealers I know offering to buy at spot or +1.00 over .. seems they pay less than spot... for less than BU Eagles Point of my post was to question what the Op said, and the offer to sell at a less than market price giving me a warning flag to avoid ..I avoided biting on the offer ... But if some here don't see no issue , good luck
I would anticipate that a seller would sell a coin at or near spot because a local dealer would offer below spot and a company like APMEX would also offer below spot and the seller would still have to deal with mail/delivery and other issues. I assume that is why some sellers require paypal gift- they are offering a coin below market but above what dealers would pay so they want the transaction to be without additional fees and delays. More risky, but some seller on this forum have well established reputations. But perhaps I need to better understand what you are saying, especially your reference to B&M. Thanks! >>
What local dealers/B&Ms may offer will vary depending on where you live, competition, etc. My local dealer pays about $1.50 over spot for BU ASEs. APMEX has their current buy price for 2014s at $18.40 or about $1.46 over. Of course you'll want to have enough to make it worthwhile for everyone. Short of selling here or to the end user, you're kind of at the mercy of the dealers.
I would anticipate that a seller would sell a coin at or near spot because a local dealer would offer below spot and a company like APMEX would also offer below spot and the seller would still have to deal with mail/delivery and other issues. I assume that is why some sellers require paypal gift- they are offering a coin below market but above what dealers would pay so they want the transaction to be without additional fees and delays. More risky, but some seller on this forum have well established reputations. But perhaps I need to better understand what you are saying, especially your reference to B&M. Thanks! >>
What local dealers/B&Ms may offer will vary depending on where you live, competition, etc. My local dealer pays about $1.50 over spot for BU ASEs. APMEX has their current buy price for 2014s at $18.40 or about $1.46 over. Of course you'll want to have enough to make it worthwhile for everyone. Short of selling here or to the end user, you're kind of at the mercy of the dealers. >>
For sure, BST is a valuable resource ,however those abusing the trust in this forum should be called out along with the facts exposed
Timbuk3---Did silver eagle ever send you your ASE's?
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
Comments
<< <i>Those went lickity split. >>
And well they should have.
<< <i>Those went lickity split. >>
Too bad they haven't been delivered. Yet.
"Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
http://www.americanlegacycoins.com
<< <i>
<< <i>Those went lickity split. >>
Too bad they haven't been delivered. Yet. >>
Lost? Or never sent?
I hope that you get what you paid for.
PSA: Use caution when dealing with this seller. A strong history of taking payment and not delivering the goods.
Too many positive BST transactions with too many members to list.
I don't know anything about him/her.....just wondering.
<< <i>Seems strange for a scammer to offer regular Paypal.....I hope silvereagle is OK.
I don't know anything about him/her.....just wondering. >>
Also he has not logged in here since 01/11 so if anyone has sent him a PM there's pretty good odds that he hasn't read it.
just my opinion
AL
What protection does a seller have accepting regular PP from a buyer whose PP account is funded with a CC? Can you say chargeback?
The OP was logged in here Sunday January 25, so should be aware of the issue of non-delivery.
"Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
http://www.americanlegacycoins.com
email on Saturday that it will be delivered. I wanted to
post when I received them. I'm holding my breath !!!
Thanks
"Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
http://www.americanlegacycoins.com
if it smells too good to be true...... it is...
amazing how many "expert" "squezzers" go for deals like this then "squeal" when they get burned...... maybe one should stick to market priced offer by known members and avoid such issues..... hmmmm.
Even his so called Ebay username does not exist.
<< <i>If it looks like a duck...
Even his so called Ebay username does not exist. >>
wow ouch
<< <i> Paypal but leaves little to no protection for the buyer
What protection does a seller have accepting regular PP from a buyer whose PP account is funded with a CC? Can you say chargeback? >>
If item purchased with a CC, seller in tough luck position,,,, With Amex CC ,forget it.. buyer is given benefit of doubt .. magic words ... I did not receive item paid for..
Everyone biches that buyers have no protection using PPG. Well neither do sellers if the payment was funded with a CC. At some point there has to be some level of trust, and if there isn't, or it hasn't been established yet, I will only take PPG or a Postal m.o.
Sorry, move on if you can't trust me being here as long as I have with an unblemished sales and payment record. (not you bestday, just in general)
<< <i>Hey Best Day - rethink your logic: on Jan 6, spot was just over $16 >>
With free shipping = what ?
<< <i>I will only take PPG or a Postal m.o >>
Be very, very careful with the postal money order. Many fakes unfortunately.
JMO
<< <i>Thanks for the clarification bestday but it was more of a rhetorical question
Everyone biches that buyers have no protection using PPG. Well neither do sellers if the payment was funded with a CC. At some point there has to be some level of trust, and if there isn't, or it hasn't been established yet, I will only take PPG or a Postal m.o.
Sorry, move on if you can't trust me being here as long as I have with an unblemished sales and payment record. (not you bestday, just in general) >>
WHAT HE SAID!
Jan 6 spot was $15.85 per kitco historical chart... $15.85*20=$317. Shipping is what $12-$18 maximum if he buys insurance? So at $350 he's charging $2 over spot? The guy needs a quick sale .. I'll offer free shipping all the time when there's a motivated seller
Seems perfectly on the mark to me .. I See ASE for sale all day at $2 over spot on bullion stacker and with a little patience one can buy them from some small local b&m or through CL for just over spot sometimes
<< <i>Ok Best ... I must be missing something ...
Jan 6 spot was $15.85 per kitco historical chart... $15.85*20=$317. Shipping is what $12-$18 maximum if he buys insurance? So at $350 he's charging $2 over spot? The guy needs a quick sale .. I'll offer free shipping all the time when there's a motivated seller
Seems perfectly on the mark to me .. I See ASE for sale all day at $2 over spot on bullion stacker and with a little patience one can buy them from some small local b&m or through CL for just over spot sometimes >>
Re Read the Ops first sentence in his post...... quote ..... I spent too much money so I need a quick sale.... I saw this offer and passed quickly
Postage is 18.00 with insurance....335.00 .. .total supposed in.
. This is the amount he could get selling to a B&M .. will cash in hand
He is going to all that trouble to make 10-15 bucks.... LOL
What you are really saying why buy at $2.00 over spot on BST, when you can buy at the same price at a B&M and have in hand
Now Silver at $18.00.... seller needs to pony up at least $420.00 to get coins shipped to BST buyer
All I am saying is one never knows what people are thinking or their motivation or thought process when it comes to transacting .. Some people may come here first; some people may never come here .. he may be 50 miles from a B&M without a car - who knows .. Hindsight is 20/20 - Monday morning QB's aplenty ... AND - If it were a scam, all it takes is one fish to bite the hook
As far as paying $23 per ASE with silver at $18, that's worse than the scammer IMO - 27.8% over spot is pretty silly IMHO but to each their own .. I realize there are people who will pay that .. but to use your own logic - why would anyone pay $23 if they can buy singles from APMEX through check or wire at $22 (or $21.60 or less if they buy >20) ...
Answer: Because not everyone shops around or knows all the resources, comfort levels vary, etc.
It's the inaction and non-follow up of the seller is what's the issue, not some kind of mob tactic of "now they're worth this much so you owe me this much now."
Would it be the same if the value had gone down? "Uh, burp fart...now you owe me less." No, it's what it was sold for is what it's "worth" between the seller and buyer. They made their own market with their transaction. What happens with Spot after the agreement is a non-issue.
jmho from an outside pov.
That was the only point I was trying to make from the very beginning nothing more nothing less
<< <i>POM- I understand and agree. I only entered the conversation to challenge best day questioning the price being too low as being a suspicious tip off the Gus N/G. That's why I made the Monday morning quarterback reference, because it's easy to see now that he did not return messages that this guys N/G - a suspicion situation. The initial buyer would not have had any way of knowing what was to come and that his messages would be ignored. Thus, if the initial price offering was with in a sensible and reasonable range, there would be no reason for suspicion at the outset of the transaction
That was the only point I was trying to make from the very beginning nothing more nothing less >>
If a price is low compared to the market price as in this case .. there must be a reason.. sorry.. But I have seen several dubious posts like gold under spot here etc.. Like I said.. why post here for metals price when a B&M can give the seller same or higher price?....with cash in hand..
BestDay-
For my benefit, what is a "B&M"?
I would anticipate that a seller would sell a coin at or near spot because a local dealer would offer below spot and a company like APMEX would also offer below spot and the seller would still have to deal with mail/delivery and other issues. I assume that is why some sellers require paypal gift- they are offering a coin below market but above what dealers would pay so they want the transaction to be without additional fees and delays. More risky, but some seller on this forum have well established reputations. But perhaps I need to better understand what you are saying, especially your reference to B&M. Thanks!
<< <i>BestDay-
For my benefit, what is a "B&M"?
I would anticipate that a seller would sell a coin at or near spot because a local dealer would offer below spot and a company like APMEX would also offer below spot and the seller would still have to deal with mail/delivery and other issues. I assume that is why some sellers require paypal gift- they are offering a coin below market but above what dealers would pay so they want the transaction to be without additional fees and delays. More risky, but some seller on this forum have well established reputations. But perhaps I need to better understand what you are saying, especially your reference to B&M. Thanks! >>
B&M ??.... Brick and Mortar meaning local coin store .. Silver , Gold Eagles very liquid always a buy/sell price available.. dealers I know offering to buy at spot or +1.00 over .. seems they pay less than spot... for less than BU Eagles
Point of my post was to question what the Op said, and the offer to sell at a less than market price giving me a warning flag to avoid ..I avoided biting on the offer ... But if some here don't see no issue , good luck
<< <i>BestDay-
For my benefit, what is a "B&M"?
I would anticipate that a seller would sell a coin at or near spot because a local dealer would offer below spot and a company like APMEX would also offer below spot and the seller would still have to deal with mail/delivery and other issues. I assume that is why some sellers require paypal gift- they are offering a coin below market but above what dealers would pay so they want the transaction to be without additional fees and delays. More risky, but some seller on this forum have well established reputations. But perhaps I need to better understand what you are saying, especially your reference to B&M. Thanks! >>
What local dealers/B&Ms may offer will vary depending on where you live, competition, etc. My local dealer pays about $1.50 over spot for BU ASEs. APMEX has their current buy price for 2014s at $18.40 or about $1.46 over. Of course you'll want to have enough to make it worthwhile for everyone. Short of selling here or to the end user, you're kind of at the mercy of the dealers.
Looking for 1970 MLB Photostamps
- uncut
Positive Transactions - tennesseebanker, Ahmanfan, Donruss, Colebear, CDsNuts, rbdjr1, Downtown1974, yankeeno7, drewsef, mnolan, mrbud60, msassin, RipublicaninMass, AkbarClone, rustywilly, lsutigers1973, julen23 and nam812, plus many others...
<< <i>So does the seller wait until silver goes down more and then deliver? >>
from another thread, he was supposed to ship Monday.
<< <i>
<< <i>BestDay-
For my benefit, what is a "B&M"?
I would anticipate that a seller would sell a coin at or near spot because a local dealer would offer below spot and a company like APMEX would also offer below spot and the seller would still have to deal with mail/delivery and other issues. I assume that is why some sellers require paypal gift- they are offering a coin below market but above what dealers would pay so they want the transaction to be without additional fees and delays. More risky, but some seller on this forum have well established reputations. But perhaps I need to better understand what you are saying, especially your reference to B&M. Thanks! >>
What local dealers/B&Ms may offer will vary depending on where you live, competition, etc. My local dealer pays about $1.50 over spot for BU ASEs. APMEX has their current buy price for 2014s at $18.40 or about $1.46 over. Of course you'll want to have enough to make it worthwhile for everyone. Short of selling here or to the end user, you're kind of at the mercy of the dealers. >>
For sure, BST is a valuable resource ,however those abusing the trust in this forum should be called out along with the facts exposed
contact him today. I will keep this
post updated with current information.
Thanks for asking !!!
<< <i>Nope, nothing yet. I was planning to
contact him today. I will keep this
post updated with current information.
Thanks for asking !!!
you will get them .. my guess when Income tax refunds start coming.. shame on seller ....for selling something he didn't have
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
since this post. No responses.
Oh well !!! :-(
Thanks everyone for your concern
and feedback.