Does Ian @Great Collections know that this coin has a twin?

Bodin

Same MS63 BN 1803 1/2c

Great Collections
US Asset Forfeiture & Seizures Inc

keyman64

Yikes. Great Collections only sells/auctions coins that they have possession of so I guess we know which sale/auction is bogus.

lostincoins

Interesting

garrynot

It may just be a case of forgetfulness. I purchased a civil war token from a dealer over a year ago and it is still listed on his website today.

ianrussell

<< <i>Same MS63 BN 1803 1/2c

Great Collections
US Asset Forfeiture & Seizures Inc >>



I definitely have this coin. We will be contacting the auction house to ask for an explanation. There are many of our listings/images being used.

Thank you for bringing it to my attention.

- Ian

EXOJUNKIE

<< <i>It may just be a case of forgetfulness. I purchased a civil war token from a dealer over a year ago and it is still listed on his website today. >>



Same here. I bought a couple of tokens about 4 months ago from S/B that are still listed for sale on eBay. I guess the seller forgot that he consigned them to S/B!

bigjpst

<< <i>

<< <i>It may just be a case of forgetfulness. I purchased a civil war token from a dealer over a year ago and it is still listed on his website today. >>



Same here. I bought a couple of tokens about 4 months ago from S/B that are still listed for sale on eBay. I guess the seller forgot that he consigned them to S/B! >>



You should buy one and see what they say. This happens quite a bit to people who sell at multiple locations like ebay, shows, here on the BST. I bought a coin from a dealer at the CSNA show in OCT, and went to list it on ebay and my website. Sure enough it was still in his store a week later.

blu62vette

Forgetfulness would be one thing but it looks like they are using the GreatCollections image. Very shady.

Ian has been a big promoter that he always has the coin and guarantees the transaction so it looks like the other firm is trying to piggyback on his auction and not tell anyone.

messydesk

Pretty clever racket. Charge 18.5% buyer's fee, pass actual bids through to GC, if one of your bidders wins, you net 8.5%. If the GC bids are higher, show them as current bids.

Come down on them hard, Ian.

MGLICKER

My mind is getting boggled from this type of deceptiveness.

claychaser

It's starting at $3000 + juice on the scam site, but opens at $6000 on GC. So if I were to win this at $3 or $4K, want to bet if I would actually get the coin? Fat chance!

I hope that there is legal recourse that GC can take against this.

ScarsdaleCoin

I agree with MessyDesk... looks like they have figured a way to tie to other auction houses.... just guessing... if you bid 3k and win they would say it did not meet reserve or they tie to the GC bids and it just jumps so you dont win..... great to hear the update I always love a mystery




ABOUT US

Invaluable (formerly Artfact) is the world’s largest online auction marketplace of fine and decorative arts, antiques, collectibles, and estate sales. Across all three of our properties, invaluable.com, invaluable.co.uk, and auctionzip.com, more than 30 million bidders per year arrive in the virtual salerooms of the world’s premier auction houses. Collectors have unprecedented access to the items they are most passionate about. Invaluable’s live online bidding platform allows collectors to bid in real-time on auctions held around the world.

Bidders can search and buy from over 160,000 auctions annually with a combined value of over $25 billion. Invaluable’s best in class price database includes more than 57 million complete auction results totaling more than $204 billion in value, including information on more than 500,000 international artists.

As the world’s leading provider of SaaS technology and marketing services to the $40 billion live auctions market, Invaluable provides auctioneers with marketing and e-commerce solutions including auction listings, online bidding, websites, and auction management software (RFC Systems) reaching over 25,000 estate and art auctioneers around the globe.

Founded in 1989 in Boston, with offices in Pennsylvania and the United Kingdom, Invaluable currently has over 80 employees.

lostincoins

It is interesting as they are also listing it as a live auction.1986-2015 Invaluable, LLC. and participating auction houses.
Ian might be able to do something about the image but not a piggyback auction especially if it gets a high final bid would you argue so much about that? The site is just basically preselling it and making their profit just like any other dealer or auction house would.

DaveWcoins

B...b...but the name of the company is US Asset Forfeiture & Seizures Inc., right?



S...s...s...so I assume all the coins in their auctions are seized from unfortunate individuals and from criminals and are being sold at fire sale prices.


Gee whiz -- maybe they are an arm of the Federal Government, as the name of the company sounds so official.

lostincoins

Hum gets more interesting with some lookn round, to answer no they are not any part of the GOV. This part is also interesting (We are also ANA members, RCN members, have a staff that includes a Graduate Gemologist, NGC grading service & PMG members.)

US Asset Forfeiture & Seizures Inc
26910 92nd Ave.
NW STE.c-5 #209
Stanwood , Washington
USA 98292

Telephone : 877-552-3746
Website : http://www.afsauctions.us/
Email : info@afsauctions.us

US Asset Forfeiture & Seizures Inc

We specialize in US ASSET Forfeiture & Seizure INC. Auctions.
We conduct Numbered SALES, Private Sales, Consignment Sales, Bankruptcy goods in Sales and Special tangible
asset sales for investment or collecting. We offer a wide range of Investment Grade Assets for the discerning buyer.
We typically sell these assets at a reduced price from retail. The wisest of all investors diversifies their holdings.
The wealthy remain so, by shielding their investments with tangible asset procurements, such as Gold & Silver,
Coins, Artwork, Jewelry & Gems, Real Estate and Land, Classic Autos, Diamonds and More. We are a Pacific
Northwest Auction site featuring: U.S. Asset Forfeiture & Seizure INC. Items, Overstock purchases, Numbered
Sales, Liquidations of Inventory and Private Upper End Consignments. We feel that world
events will cause the price of precious metals and certified rare coins to continue to increase or decrease, sometimes
without warning, so use common sense when investing. Please view the contact info page for any affiliations.
With US ASSET FORFEITURE & SEIZURES Inc. AUCTIONS, WE HAVE DONE ALL THE HARD WORK FOR
YOU. YOU SIMPLY MUST MEET OUR SIMPLE REGISTRATION GUIDELINES, PROVIDE ADEQUATE
IDENTIFICATION AND FUNDING RESOURCES AND YOU MAY BID ON HIGH END ITEMS SUCH AS REAL
ESTATE, GOLD & US TYPE COINS, JEWELRY, DIAMONDS, ARTWORK, CLASSIC AUTOS AND SCULPTURE.
WE ARE US ASSET FORFEITURE & SEIZURES INC. We are not affiliated with any Governmental Agencies, we acquire
some of the goods we sell from these sources. We supply the bidder a place to buy goods such as those sold by
Governmental Agencies.

davewesen

that Stanwood address is a UPS store. I watched my nephew play a football game a couple blocks from there a couple months ago, and had dinner in a Mexican restaurant on the corner of that block.

http://stanwood-wa-4798.theupsstorelocal.com/


They (wherever/whoever they are) will just shill the auction until it is high enough so they could buy Ians or be the winner themselves and forget about it. Awful shady, but no lot viewing so items could be anywhere in the world.

ianrussell

A very interesting and unique business model, that accepts "virtual" consignments from individuals who supply titles and images.

At this stage the listings have been removed by the other "auction" house.

- Ian

Unknown

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