Las Vegas scam??
Julian
Posts: 3,370 ✭✭✭
Received a phone call from a person in LV with an incredible group of coins. 100+ CC $, a few $20 CC's, a few other gold coins. Said to be from his Great great grandfather who worked at the CC mint. Said his mother sold me some coins years ago and was very pleased. She has since passed away.
His life has been a financial tragedy since and he has to sell these coins. She had given him absurdly low prices that he could expect to receive. Told him that they were worth much, much more. Ended up he wanted me to send him money for me to send the coins. Would not let me send a prepaid label.
Anyone else receive any similar inquiries?
His life has been a financial tragedy since and he has to sell these coins. She had given him absurdly low prices that he could expect to receive. Told him that they were worth much, much more. Ended up he wanted me to send him money for me to send the coins. Would not let me send a prepaid label.
Anyone else receive any similar inquiries?
PNG member, numismatic dealer since 1965. Operates a retail store, also has exhibited at over 1000 shows.
I firmly believe in numismatics as the world's greatest hobby, but recognize that this is a luxury and without collectors, we can all spend/melt our collections/inventories.
eBaystore
I firmly believe in numismatics as the world's greatest hobby, but recognize that this is a luxury and without collectors, we can all spend/melt our collections/inventories.
eBaystore
0
Comments
-Paul
Hmmmmmmm, didn't call me and I advertise..
bob
Don't do it Julian !!
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~~~~~~~~~~~~
Coin collecting is not a hobby, it's an obsession !
New Barber Purchases
def scam, had the same call a few months back. Guy called and said his mother died left him a pile of silver $ , but the local shop in there area was only willing to pay 8.00,
(his mother used to deal with me when she lived in my area)
I told him min Id be at $16+ even-much more. he wanted me to send out money ahead of time. I told him to ship the coins I pay for the shipping, and imeadiately send him back the funds,
wasn't interested. Felt fishy, then I get a call from another dealer friend of mine next town who got same call with similar story , just modified a little
jim
Or you could say your business partner is in Vegas and see what he says to that.
bob
I had a guy in Vegas who was a male stripper (I am not joking) who sold some fake 1893-s Morgans to a guy in Oklahoma in which I had to be the bearer of bad news and explain to him that he was scammed.
Then like last Fall the same guy (same phone number) posted a fake 1811 Half Cent and 1893-s in Phoenix craigslist which I of course posted ads stating it was a flag.
BST transactions: dbldie55, jayPem, 78saen, UltraHighRelief, nibanny, liefgold, FallGuy, lkeigwin, mbogoman, Sandman70gt, keets, joeykoins, ianrussell (@GC), EagleEye, ThePennyLady, GRANDAM, Ilikecolor, Gluggo, okiedude, Voyageur, LJenkins11, fastfreddie, ms70, pursuitofliberty, ZoidMeister,Coin Finder, GotTheBug, edwardjulio, Coinnmore, Nickpatton, Namvet69,...
… Thanks for reporting Juian. I had no clue how to move forward on this guy or if I even would. I've got the last known shipping address and telephone number, but… I believe in the system we have to take care of such.
``https://ebay.us/m/KxolR5
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
you guys all meet the most interesting people.
Colour me jealous.
I firmly believe in numismatics as the world's greatest hobby, but recognize that this is a luxury and without collectors, we can all spend/melt our collections/inventories.
eBaystore
that they're sending him $500 or $1,000 in
advance, "just to hold the deal for me".
I can see him now, waiting with baited breath,
standing in front of his mailbox every day.
``https://ebay.us/m/KxolR5
some people have a difficult time recognizing bull sheet, not only do they have to look at it, step in it and smell it but they have to taste it as well
Currently uploading his "message" to YouTube ™ to help others recognize the voice.
``https://ebay.us/m/KxolR5
Nobody scored Julian, it was bogus all along just as you thought.
I'm sure he's out there peddling them again.
His name is Richard and he sounds like he's in his 80's.
bob
Any chance that his surname is Hedd ?
Here's a heads up on a more insidious scam:
A ring of sellers was offering coins at the Baltimore Expo recently. They would come to an agreement with tabled dealers, and request a business check in settlement, allegedly for security reasons. These sellers walk away from the table and deposit the check immediately on a smartphone, then sweep the funds to an unrelated account. Then walk back to the table with the excuse that they've changed their mind and want to exchange the check for cash, allegedly for a purchase at the show that is time sensitive. So some dealers fell for the ruse and took the check back in exchange for cash. Dealer pays twice for the coin(s) and doesn't find out until checking their bank checking account summary later. And the sellers were smooth enough that none of the dealers asked for ID to make a legitimate invoice/statement of the transaction.
"Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
http://www.american-legacy-coins.com
``https://ebay.us/m/KxolR5
"His name is Richard and he sounds like he's in his 80's."
Any chance that his surname is Hedd ?
Here's a heads up on a more insidious scam:
A ring of sellers was offering coins at the Baltimore Expo recently. They would come to an agreement with tabled dealers, and request a business check in settlement, allegedly for security reasons. These sellers walk away from the table and deposit the check immediately on a smartphone, then sweep the funds to an unrelated account. Then walk back to the table with the excuse that they've changed their mind and want to exchange the check for cash, allegedly for a purchase at the show that is time sensitive. So some dealers fell for the ruse and took the check back in exchange for cash. Dealer pays twice for the coin(s) and doesn't find out until checking their bank checking account summary later. And the sellers were smooth enough that none of the dealers asked for ID to make a legitimate invoice/statement of the transaction.
I thought I remember hearing about the same thing last year. I use the mobile check deposit on my phone all the time, and it requires that I write "For ********deposit only" on the check and endorse it. Not sure how smart the software is if that is omitted, but I'm sure if the check photo wasn't endorsed, the dealer would have some ground to get their money back even if it was swept to another account.
My Ebay Store
Is it this voice here ?
Very similar voice....your recording is the right speed of speech, tone and pitch. Just not quite as gravely as I heard today. But, perhaps he has a head cold at the moment!
Sure wish I could have seen what kind of rocks he's selling (box of rocks instead of coins).
bob
I live in Vegas, why does he not want to do business locally?
Hmmmmmmm, didn't call me and I advertise..
bob
You don't collect CC stuff do you Bob
BST Transactions (as the seller): Collectall, GRANDAM, epcjimi1, wondercoin, jmski52, wheathoarder, jay1187, jdsueu, grote15, airplanenut, bigole
I must not be a big fish at my bank as it takes them 2 days to credit my account when i mobile deposit a check. Boo
BST Transactions (as the seller): Collectall, GRANDAM, epcjimi1, wondercoin, jmski52, wheathoarder, jay1187, jdsueu, grote15, airplanenut, bigole
Is it this voice here ?
He probably has it memorized by now
``https://ebay.us/m/KxolR5
"His name is Richard and he sounds like he's in his 80's."
Any chance that his surname is Hedd ?
Here's a heads up on a more insidious scam:
A ring of sellers was offering coins at the Baltimore Expo recently. They would come to an agreement with tabled dealers, and request a business check in settlement, allegedly for security reasons. These sellers walk away from the table and deposit the check immediately on a smartphone, then sweep the funds to an unrelated account. Then walk back to the table with the excuse that they've changed their mind and want to exchange the check for cash, allegedly for a purchase at the show that is time sensitive. So some dealers fell for the ruse and took the check back in exchange for cash. Dealer pays twice for the coin(s) and doesn't find out until checking their bank checking account summary later. And the sellers were smooth enough that none of the dealers asked for ID to make a legitimate invoice/statement of the transaction.
That can also be done at coin shops. Once the check walks out the door, it cannot be cashed for cash.
posted on a dealers forum someplace.... Cheers, RickO
Too many positive BST transactions with too many members to list.
Here's a heads up on a more insidious scam:
A ring of sellers was offering coins at the Baltimore Expo recently. They would come to an agreement with tabled dealers, and request a business check in settlement, allegedly for security reasons. These sellers walk away from the table and deposit the check immediately on a smartphone, then sweep the funds to an unrelated account. Then walk back to the table with the excuse that they've changed their mind and want to exchange the check for cash, allegedly for a purchase at the show that is time sensitive. So some dealers fell for the ruse and took the check back in exchange for cash. Dealer pays twice for the coin(s) and doesn't find out until checking their bank checking account summary later. And the sellers were smooth enough that none of the dealers asked for ID to make a legitimate invoice/statement of the transaction.
I always wondered if those "photo deposit" mobile apps were a good idea! The check is deposited, yet you hold in your hand a perfectly good-looking check, with no indication that it was ever handled by a bank.
Technology and "good ideas" are outpacing good sense and logical business practices.....