Another Internet Gold Seller Under Investigation - BlueMoon Coins

SaorAlba · March 14, 2014 7:05AM

Kenny Vilkins and Blue Moon Coins under investigation.

Rampage · March 14, 2014 7:07AM

I was thinking about this dealer a week or so ago. My thoughts were that we had not had a post about him in quite some time and I have not run across any of his eBay auctions in a while...not that I've looked terribly hard.

Wolf359 · March 14, 2014 7:07AM

I'm surprised. I've never had an issue with them.

Wolf359 · March 14, 2014 7:08AM

Whoops, should have read this first:

We purchased a large amount of Gold and Silver that has not yet been delivered to us, and it has highly impacted our cash flow and ability to fulfill our orders.

In other words, there is a shortage...

astrorat · March 14, 2014 8:04AM

Is this the same company where the owner (presumably) was pictured in eBay listings in thoughtful repose while looking at a book that was reportedly upside down?

LindeDad · March 14, 2014 8:15AM

Used to have some good looking help IIRC.

davewesen · March 14, 2014 8:23AM

Could be collateral damage from buying at Tulving, or similar seller. What was the big seller in FL that went under with $25 million in undelivereds?

clawbacks could be brutal as well with Tulving mess.

EXOJUNKIE · March 14, 2014 8:34AM

<< Is this the same company where the owner (presumably) was pictured in eBay listings in thoughtful repose while looking at a book that was reportedly upside down? >>

Haha, yeah I remember that. That always cracked me up!

pennyannie · March 14, 2014 10:02AM

Call me stupid but I am not mailing someone 168k for gold and silver. I will pick mine up in person or have it shipped and then I pay.

Once these companies rip a few people then they get to greedy and rip to many. Fail to deliver on a few orders and business as usual, fail to deliver to enough in a short time and get a knock on the door.

MGLICKER · March 14, 2014 10:07AM

Forum is often ready to judge before hearing the whole story.

Folks do though send amazing amounts of money to dealers though on trust and reputation. Always best to try to limit risk.

Moldnut · March 14, 2014 10:15AM

All I want to know is, where's Cristy? Maybe she could shed some light on this.

ScarsdaleCoin · March 14, 2014 10:26AM

Mentions about a change in ownership...maybe that has something to do with it???

pennyannie · March 14, 2014 10:27AM

<< Forum is often ready to judge before hearing the whole story.

Folks do though send amazing amounts of money to dealers though on trust and reputation. Always best to try to limit risk. >>

You are correct!! Most every business is going to have a few unhappy campers, mine included, but when more than a few start going to the police it means no solution was reached between the parties. I never send more money than I am willing to lose, so my level is under 10k.

coindeuce · March 14, 2014 11:26AM

Mwahahaha! The House of Cards built by Hannes is not only crumbling, but it is having a domino effect . . .

DanielBoone · March 14, 2014 11:45AM

Could be collateral damage from buying at Tulving, or similar seller. What was the big seller in FL that went under with $25 million in undelivereds?

clawbacks could be brutal as well with Tulving mess.Text

National Gold Exchange of Tampa filed for bankruptcy in 2009.

michiganboy · March 14, 2014 11:51AM

This is the same seller accused of having a shady buying aspect to them in the past. Don't have the link but someone accused them of tacking advantage of the elderly and ripping a large collection for a very low price compared to the actual value. BTW not stating as a fact, just stating this is not the first time bad things have been said about bluemoon.

TwoSides2aCoin · March 14, 2014 11:56AM

I got a negative feedback for a token that cost the customer a dollar, online. I even gave her the money back including shipping. I didn't lose it. But the pen is mightier than the person using it.

lcoopie · March 14, 2014 12:06PM

<< Forum is often ready to judge before hearing the whole story.

Folks do though send amazing amounts of money to dealers though on trust and reputation. Always best to try to limit risk. >>

we don't need the whole story

because we good

Cougar1978 · March 14, 2014 12:13PM

<< Call me stupid but I am not mailing someone 168k for gold and silver. I will pick mine up in person or have it shipped and then I pay.

Once these companies rip a few people then they get to greedy and rip to many. Fail to deliver on a few orders and business as usual, fail to deliver to enough in a short time and get a knock on the door. >>

I would toatally agree - I would be in a knapsack at a coin show.

bronco2078 · March 14, 2014 12:29PM

bluemoon coins is the seller that was sandblasting those ASE's and selling them as reverse proofs I think. Doing it to peace dollars too that was a few years back

mrpotatoheadd · March 14, 2014 12:38PM

I heard that the old guy with the book kidnapped the Lindbergh baby.

braddick · March 14, 2014 12:44PM

It'll all blow over as a simple misunderstanding.

GRANDAM · March 14, 2014 1:15PM

<< Used to have some good looking help IIRC.

>>

-------------------------------------------------------------

Yes, only the important things,,,,,,

WHERE IS CHRISTY!!!!!

GrandAm

Bullsitter · March 14, 2014 11:05PM

If he didn't have the coins he shouldn't have took their money.

MsMorrisine · March 14, 2014 11:13PM

silver on allocation is readily believable (although could stand for verification)

has gold ever gone on allocation? Is it on now?

lordmarcovan · March 14, 2014 11:15PM

<< Is this the same company where the owner (presumably) was pictured in eBay listings in thoughtful repose while looking at a book that was reportedly upside down? >>

Yes, and no.

The book, at least, was right-side-up.

( Though I'm sure it got Photoshopped plenty of times, as widely parodied as that picture was. )

LanLord · March 14, 2014 11:41PM

This thread is useless without pics!

didn't bluemoon coins used to have ads with a bunch of cuties in a photo?

TwoSides2aCoin · March 14, 2014 11:57PM

<< 

<< Forum is often ready to judge before hearing the whole story.

Folks do though send amazing amounts of money to dealers though on trust and reputation. Always best to try to limit risk. >>

we don't need the whole story

because we good

>>

Hilarious… I hope people who are sane can appreciate the depth of this humor, sarcasm or fact.

RickMilauskas · March 15, 2014 12:45AM

<< Is this the same company where the owner (presumably) was pictured in eBay listings in thoughtful repose while looking at a book that was reportedly upside down? >>

Hmmmm...never saw that pic.

numisma · March 15, 2014 5:16AM

If you read the article, it does not mention Kenny Vilkins anywhere. It is possible that he sold the company and the new owner is the one in hot water?

OPA · March 15, 2014 5:39AM

<< All I want to know is, where's Cristy? Maybe she could shed some light on this. >>

Here she be

joebb21 · March 15, 2014 10:36AM

Blue moon changed their name on ebay some months (at least) ago. I think its something like "coinssince1992" or something.
I have bought from them many times through ebay and never had a problem

MGLICKER · March 15, 2014 10:48AM

<< Blue moon changed their name on ebay some months (at least) ago. I think its something like "coinssince1992" or something.
I have bought from them many times through ebay and never had a problem >>

No problems here either. Prices could be a bit rich, but they often would negotiate to a market clearing price.

derryb · March 15, 2014 11:10AM

Found Big Ken, now "coinssince1994"

Type2 · March 15, 2014 12:23PM

<< 

<< Used to have some good looking help IIRC.

>>

-------------------------------------------------------------

Yes, only the important things,,,,,,

WHERE IS CHRISTY!!!!!

GrandAm

>>

19Lyds · March 15, 2014 3:49PM

Here's Christie:

And all the other Shawna's:

Hey, wasn't there a song about this??

Blue Moon,
You left me standing alone,
Without some gold of my own,
You left me standing alone.

s4ny · March 16, 2014 8:04AM

I didn't realize that Blue Moon had changed its name. They had 100% positive feedback score of over 20,000.
My dealings with them were always excellent.

I got an email from "Mandy at Coins" a month ago with the same smiling guy holding 2 gold bars.
I didn't realize it was a new company.
They had my email address because I had communicated with them before. It seems they were
trying to do some biz away from eBay.

Blue Moon was one of my saved sellers, and they disappeared from my list.

They must have disintegrated rapidly on eBay to scrap such a successful name.

I stopped buying and selling on eBay over a year ago and only transact business at shows.
Cash and carry.

slimedog · March 16, 2014 8:57AM

neither article that I read locally mentioned Kenny V so I suspect this may have something to do with the new owners. Also, the address where I have dealt with Kenny is not listed in the articles, which also makes me think this is a new owner.

I've only had two deals with him. Sold him a few thousand wheat cents I had accumulated from bags @ a fair price. Later, I took in a Lafayette $ that I had gotten as part of a lot at an antique auction. It was slabbed, but I don't recall by which TPG. When he saw it, his first action was to reach for a Blue Book to find a price. I told him if he was going to use Blue Book for pricing we couldn't reach a deal. We did eventually work out a fair price for the $. Since that episode I found other folks to deal with.

derryb · March 16, 2014 9:02AM

ANY high volume bullion seller is subject to failure if it's business model does not consider fluctuating metal prices. Those that work under the "it can only go up" concept, learn the hard way. Failure is also guaranteed when today's buyer is supplied with tomorrow's purchases.

Another Internet Gold Seller Under Investigation - BlueMoon Coins

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