Anyone buy from these auctions?

Comments

• daOnlyBG Posts: 1,060 ✭✭

  May 3, 2013 5:30AM

  I've looked into a lot of those auctions- both online and in person. As surprising as it may seem, a lot of them aren't padded- people actually bid & pay way over retail for coins. Probably explains why so many non-numismatic-specialized retailers charge $50 for a corroded common date Morgan...

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• ebaybuyer Posts: 2,984 ✭✭✭

  May 3, 2013 10:27AM

  dont forget to add the buyers premium.... on many of these sites, the sellers dont pay all the fees, the buyers pay thier share. and shipping is usually rediculous

  regardless of how many posts I have, I don't consider myself an "expert" at anything

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• LanceNewmanOCC Posts: 19,999 ✭✭✭✭✭

  May 3, 2013 11:07AM

  
  
  << <i>Anyone buy from these auctions? >>
  
  
  i tried for a while and they do have some cool stuff to bid on but i was simply not even close to winning anything i bid on. it is like the people bidding and winning there think it is the only place to buy coins ?
  since you bring it up, i may try again but i doubt it will go anywhere.
  .

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• Unknown

  May 3, 2013 11:26AM

  This content has been removed.
• LochNESS Posts: 4,829 ✭✭✭

  May 3, 2013 11:33AM

  Just looked at the Musical Instruments category for comparison; it's full of low-end imports.
  
  How is this any different from eBay and Bay-wannabes? Looks a little sketchy like one of those QVC companies ...
  
  It says it's the "official website" but right underneath, "A PRIVATE CORPORATION"
  
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  All those margin ads don't help instill confidence, either.

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• AMRC Posts: 4,280 ✭✭✭✭✭

  May 3, 2013 12:50PM

  I am pretty convinced there is something not right. If they could get these prices, they could charge more than eBay for sellers and everyone would be ahead.

  MLAeBayNumismatics: "The greatest hobby in the world!"

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• s4ny Posts: 1,573 ✭✭✭

  May 3, 2013 9:58PM

  
  
  << <i>I would not be surprised if they have shill bidders to bring the coins up to retail levels. >>
  
  
  
  Agree, a few shill sales would make other buyers think they are getting a good deal.

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