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Cash only or ship if paid for Crypto in his wallet. No Return. Is this a Red Flag to even consider?

ParadisefoundParadisefound Posts: 8,588 ✭✭✭✭✭
edited February 17, 2018 11:46PM in U.S. Coin Forum

firealarmguy213 listed this set on eBay

Cash only for pick up or Crypto in his wallet to ship. No Return.

Comments

  • mkman123mkman123 Posts: 6,849 ✭✭✭✭

    nice sets, are sellers able to request other payment options? I thought it was just paypal only nowadays
    Now if you can meet locally , could be worth it. Anytime I hear crypto and metals.......red flags come up because of so many scams, etc involving cryptos and metals

    Successful Buying and Selling transactions with:

    Many members on this forum that now it cannot fit in my signature. Please ask for entire list.
  • ParadisefoundParadisefound Posts: 8,588 ✭✭✭✭✭
    edited February 18, 2018 12:07AM

    @mkman123 said:
    No Paypal either per/listing; just cash for pick up or will ship for crypto. Asking price is $6800.

  • mkman123mkman123 Posts: 6,849 ✭✭✭✭

    @Paradisefound I think its safe to say that at $6800 you could build your own gold set that looks better and is cheaper

    Successful Buying and Selling transactions with:

    Many members on this forum that now it cannot fit in my signature. Please ask for entire list.
  • PerryHallPerryHall Posts: 46,832 ✭✭✭✭✭

    I would have no problem paying cash for that if I could examine it first and the price is reasonable.

    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

  • ParadisefoundParadisefound Posts: 8,588 ✭✭✭✭✭

    The holder looks dirty as if the seller does not really place much care on them. Better stay away.

  • ParadisefoundParadisefound Posts: 8,588 ✭✭✭✭✭

    @PerryHall said:
    Would be somewhat "scare" to meet stranger for this kind and expensive deal?

  • mvs7mvs7 Posts: 1,662 ✭✭✭✭✭

    Those are not terms I'd agree to meet.

  • PerryHallPerryHall Posts: 46,832 ✭✭✭✭✭

    Any direct cash transaction would have to be in a public place with security cameras such as your local bank or at a police station.

    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

  • 291fifth291fifth Posts: 24,687 ✭✭✭✭✭

    Pass. The terms of sale are unacceptable and you are talking about raw gold. Think of how much slabbing them would cost you, among other things.

    All glory is fleeting.
  • BoosibriBoosibri Posts: 12,400 ✭✭✭✭✭

    Not worth the strange payment requests for basically a commodity

  • blitzdudeblitzdude Posts: 6,554 ✭✭✭✭✭

    At that price you think they would at least wipe the poo off the lower left corner of the holder, geez. Can't really tell grades from those pictures, but nothing stands out as spectacular. I would think you could build a similar set yourself for somewhere around $5000-$5500 based of the conditions I think I see in those pictures.

    As for the terms I don't use these bittcoins but certainly wouldn't attempt to use them via ebay. Pretty sure you wouldn't be covered under their guarantee, getting refunded if there were a problem could be an issue. Cash in person sure if you are in the area but again I think the price is too high. I also don't see any red flag with seller, appears to be just trying to avoid the PP fees. They do accept PP on their other lower priced items.

    The whole worlds off its rocker, buy Gold™.
    BOOMIN!™
    Wooooha! Did someone just say it's officially "TACO™" Tuesday????

  • WoodenJeffersonWoodenJefferson Posts: 6,491 ✭✭✭✭

    ...is that blood? This Capitol Plastic holder has been messed with, notice missing screws and the coin rotations, not many are in alignment. RFR

    Chat Board Lingo

    "Keep your malarkey filter in good operating order" -Walter Breen
  • CoinstartledCoinstartled Posts: 10,135 ✭✭✭✭✭

    @PerryHall said:
    Any direct cash transaction would have to be in a public place with security cameras such as your local bank or at a police station.

    If you have to transact a coin deal at the police station...it is best to pass.

  • mt_mslamt_msla Posts: 815 ✭✭✭✭

    It was probably an inheritance or something. I don't see any obvious, flagrant, "this is a fake" flags ... but I'm not looking at it in-person. And I haven't gone to the ebay listing. IDK if $6800 is serious though lol.

    I wouldn't be so close-minded. I would at least look at the set in-hand and discuss cost / payment. But I wouldn't buy them off the 'bay like this.

    If the coins mean nothing but $$ to the seller, then that may be the reason why the case is scuffed / dirty. They don't really know what to do with it and want it gone. As I said, I didn't go to their listing. I wonder if they have other coins for sale. Don't really care to check though. I'm done typing / opining....

    Insert witicism here. [ xxx ]

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    I would pass on a deal like that.... risky terms... Judging from the pictures, the coins are not choice, and I believe you could do better buying them in person, individually. Raw gold (and that is raw gold in a capitol holder) is always a risk. Plus, in person cash deals... well, go armed with two large buddies... :D;) Cheers, RickO

  • BoosibriBoosibri Posts: 12,400 ✭✭✭✭✭

    Are we clear what the brown smear is on the holder or is that an added surprise?

  • dpooledpoole Posts: 5,940 ✭✭✭✭✭

    Is that the best/only picture he provides you? Awfully hard to tell what he's got there. Can't even read the dates on some of them.

  • ParadisefoundParadisefound Posts: 8,588 ✭✭✭✭✭

    @dpoole said:
    LOL on the "Here's a warning parable for coin collectors..." I laughed so hard early in the morning HST :D

  • OPAOPA Posts: 17,141 ✭✭✭✭✭

    seller reported to ebay...in violation of their payment methods allowed....

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • LeroyLeroy Posts: 186 ✭✭✭

    @blitzdude said:
    At that price you think they would at least wipe the poo off the lower left corner of the holder, geez.

    I'm in this camp -

  • goldengolden Posts: 9,995 ✭✭✭✭✭

    Danger,danger Will Robinson!

  • MilesWaitsMilesWaits Posts: 5,424 ✭✭✭✭✭

    Ha! I get a kick out of how far people will go out of their way in order to make a bad deal.

    Now riding the swell in PM's and surf.
  • bronco2078bronco2078 Posts: 10,425 ✭✭✭✭✭

    @OPA said:
    seller reported to ebay...in violation of their payment methods allowed....

    I don't think so. If you are saying local pickup only you don't want to take paypal at all. Unless you mean wanting to accept crypto is a violation

  • CryptoCrypto Posts: 3,867 ✭✭✭✭✭
  • OPAOPA Posts: 17,141 ✭✭✭✭✭

    eBay must have notified the seller of his violation.....auction cancelled. "no longer available."

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • logger7logger7 Posts: 9,025 ✭✭✭✭✭

    That's a lot for junk gold, worth 99% of melt at Dillon Gage, maybe a small premium for no problem Unc.s and better dates. I looked at a borderline gem yesterday a dealer had for $1320. Also I would never enter into a contract like that.

  • DoubleEagle59DoubleEagle59 Posts: 8,377 ✭✭✭✭✭

    I always stay away from a deal that has cat poo on the holder.

    "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)
  • WoodenJeffersonWoodenJefferson Posts: 6,491 ✭✭✭✭

    @OPA said:
    eBay must have notified the seller of his violation.....auction cancelled. "no longer available."

    Well, it's back up then, same financial obligations.

    Chat Board Lingo

    "Keep your malarkey filter in good operating order" -Walter Breen
  • ChrisH821ChrisH821 Posts: 6,726 ✭✭✭✭✭

    @logger7 said:
    That's a lot for junk gold, worth 99% of melt at Dillon Gage, maybe a small premium for no problem Unc.s and better dates. I looked at a borderline gem yesterday a dealer had for $1320. Also I would never enter into a contract like that.

    What is this place you speak of? I'd be quite interested in a "borderline gem" for $1320, Lib or Saint.

    Collector, occasional seller

  • OPAOPA Posts: 17,141 ✭✭✭✭✭

    @WoodenJefferson said:

    @OPA said:
    eBay must have notified the seller of his violation.....auction cancelled. "no longer available."

    Well, it's back up then, same financial obligations.

    With "make an offer" that wasn't there previously.

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • logger7logger7 Posts: 9,025 ✭✭✭✭✭

    @ChrisH821 said:

    @logger7 said:
    That's a lot for junk gold, worth 99% of melt at Dillon Gage, maybe a small premium for no problem Unc.s and better dates. I looked at a borderline gem yesterday a dealer had for $1320. Also I would never enter into a contract like that.

    What is this place you speak of? I'd be quite interested in a "borderline gem" for $1320, Lib or Saint.

    That's a Connecticut dealer; I looked through a lot of his raw gold coins, the 1926 $20 Saint stood out to me which was a shot gem except for a light reverse scratch which would make it 63-64; it had the typical earmarks of a gem; full strike, minimal marks, orange juice luster. Let me know if you are in the northeast, the guy does weekend shows but does not ship.

  • JimnightJimnight Posts: 10,846 ✭✭✭✭✭

    If anything triggers flags to go off in my head..I pass at that point...with no IF.. ANDS or BUTS !!

  • ChrisH821ChrisH821 Posts: 6,726 ✭✭✭✭✭

    @logger7 said:

    @ChrisH821 said:

    @logger7 said:
    That's a lot for junk gold, worth 99% of melt at Dillon Gage, maybe a small premium for no problem Unc.s and better dates. I looked at a borderline gem yesterday a dealer had for $1320. Also I would never enter into a contract like that.

    What is this place you speak of? I'd be quite interested in a "borderline gem" for $1320, Lib or Saint.

    That's a Connecticut dealer; I looked through a lot of his raw gold coins, the 1926 $20 Saint stood out to me which was a shot gem except for a light reverse scratch which would make it 63-64; it had the typical earmarks of a gem; full strike, minimal marks, orange juice luster. Let me know if you are in the northeast, the guy does weekend shows but does not ship.

    Central IL :neutral:

    Collector, occasional seller

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