Facebook sales

PaleElf

Anyone ever buy or sell coins through Facebook? Just curious how your experience was.

LindeDad

all I saw were fakes.

COINS MAKE CENTS

Lots of fakes. I've been to shows and other dealers wanted me to join groups where you buy and sell and trade I got on there number one alot of fakes number two the prices people want are normally rediculas and number three the people who I know that sell say that people commit to buy but never send payment

TwoSides2aCoin

Rumors are the only things people buy from me there.

ElmerFusterpuck

It's mostly the fake, fake west out there. Lots of junk too and people thinking their bicentennial quarters are worth a fortune.



That being said, seeing this post gave me a flashback to the years 2011-12 where a place called Yardsellr existed on Facebook to sell coins. The vast majority was overpriced junk and pure nonsense, but I did get two nice prizes from there. One was a nice raw MS 1996 silver eagle for melt value and the other was a raw set of beautifully toned MS war nickels for $65. Eventually submitted the nickels for grading and managed to get a MS-67, quite a bit of 66's, a couple 65's and one with a minor scrape graded as MS with damage.

PaleElf

Thanks for the update. Guess I don't need a Facebook account yet.

ms70

Originally posted by: LindeDad

all I saw were fakes.

What about the coins?

Walkerfan

With all of the social drama, gossip,etc. one would think that it would be a breeding ground for con-artists, crooks, counterfeiters & other ne'er-do-wells....but what do I know??

ricko

Just a cyber yardsale/flea market..... and like the real ones, mostly junk, overpriced and not worth the time. Cheers, RickO

Ablinky

I disagree with the "fakes" comments, the Facebook groups I'm a part of deals nearly exclusively in PCGS/NGC coins, and the admins are very diligent at banning scammers and removing fraudulent items.

pitboss

Where do you go to see these things on Facebook?

LindeDad

Originally posted by: pitboss

Where do you go to see these things on Facebook?

In the Marketplace area. I do follow certain reputable sellers on there, but only on their own pages.

ShadyDave

Originally posted by: pitboss

Where do you go to see these things on Facebook?

There are "groups" you can join. Some are "private" and others are open to everyone on FB. If you google "facebook coin groups" or "facebook silverbugs" then you can find some of the groups. Try searching in the FB search bar as well.





I don't personally use FB to do anything PM/coin related, since I don't really want to associate my name/face to friends/acquaintances/neighbors/co-workers to this particular hobby I participate in for privacy/security reasons.



I do see several people on the other forum I frequent (www.reddit.com/silverbugs) talk about the FB groups and they buy/sell/trade there with mixed results.

TwoSides2aCoin

I go to Facebook and look at the stars. I come here to find heroes.

CoinZip

Fakebook is more treacherous than fleebay....