Las Vegas scam??

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Julian
Julian Posts: 3,370 ✭✭✭
in U.S. Coin Forum
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?
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

Comments

  • commoncents05
    commoncents05 Posts: 10,102 ✭✭✭
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    I have seen a couple dealers post about this on CCE. A couple offered to fly out to meet the guy, offered immediate cash once they see the coins, etc. It is definitely a scam.



    -Paul
    Many Quality coins for sale at http://www.CommonCentsRareCoins.com
  • AUandAG
    AUandAG Posts: 25,050 ✭✭✭✭✭
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    I live in Vegas, why does he not want to do business locally?



    Hmmmmmmm, didn't call me and I advertise..



    bobimage
    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
  • TopographicOceans
    TopographicOceans Posts: 6,535 ✭✭✭✭
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    I'm sure he'll find somebody who will send him money, but it would be less aggravation to just throw it out the window instead.
  • MFH
    MFH Posts: 11,720 ✭✭✭✭
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    I'm all the way down here in Naples, Florida, but, I can still smell the BS in Las Vegas.




    Don't do it Julian !!
    .

    Mike Hayes
    ~~~~~~~~~~~~
    Coin collecting is not a hobby, it's an obsession !

    New Barber Purchases
  • jdimmick
    jdimmick Posts: 9,992 ✭✭✭✭✭
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    Julian



    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
  • AUandAG
    AUandAG Posts: 25,050 ✭✭✭✭✭
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    Send me his name and number Julian. I'll tell him I work for you and just happen to be in Vegas on other business. I'll go take a look see for ya.

    Or you could say your business partner is in Vegas and see what he says to that.



    bobimage
    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
  • planonit
    planonit Posts: 525 ✭✭
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    This is odd. Where is this guy calling you from?

    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.



    I have plans....sometimes
  • oih82w8
    oih82w8 Posts: 13,209 ✭✭✭✭✭
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    Definably sounds fishy to me. Time to reel in your bait and try another pond.
    oih82w8 = Oh I Hate To Wait _defectus patientia_aka...Dr. Defecto - Curator of RMO's

    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,...
  • AUandAG
    AUandAG Posts: 25,050 ✭✭✭✭✭
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    PS: I'm 70.
    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
  • TwoSides2aCoin
    TwoSides2aCoin Posts: 45,217 ✭✭✭✭✭
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    Got me for $800 last year with the check scam, after telling me the same story. Now I have his voice recorded. Sounds like a real piece of work the second go 'round. I told him to send me the coins. I'm still out that eight hundy from the first "ordeal"
    … 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.
  • Windycity
    Windycity Posts: 3,603 ✭✭✭✭✭
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    Yep... and he's very good at it... said his mother sold me some coins a few years ago and said she has told him to contact me when he was ready to sell. He wants to send the coins but doesn't have the money to ship so he wants $$$ to pay UPS fees.

    <a target=new class=ftalternatingbarlinklarge href="http://www.mullencoins.com">Mullen Coins Website - Windycity Coin website
  • TommyType
    TommyType Posts: 4,586 ✭✭✭✭✭
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    I want in on that deal!.....as soon as I get my money from that friendly magistrate in Nigeria. Any day now.....
    Easily distracted Type Collector
  • grip
    grip Posts: 9,962 ✭✭✭✭✭
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    Maybe COD?
  • PerryHall
    PerryHall Posts: 47,752 ✭✭✭✭✭
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    Was the guy who had these coins a Nigerian prince by any chance?

    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

  • LanLord
    LanLord Posts: 11,756 ✭✭✭✭✭
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    Man,



    you guys all meet the most interesting people.

    Colour me jealous.
  • Julian
    Julian Posts: 3,370 ✭✭✭
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    He just texted me that he sold the coins for $12,500. Someone really scored!!
    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
  • FredWeinberg
    FredWeinberg Posts: 6,039 ✭✭✭✭✭
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    Why doesn't everyone he contacts just tell him

    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.
    Retired Collector & Dealer in Major Mint Error Coins & Currency since the 1960's.Co-Author of Whitman's "100 Greatest U.S. Mint Error Coins", and the Error Coin Encyclopedia, Vols., III & IV. Retired Authenticator for Major Mint Errors for PCGS. A 50+ Year PNG Member.A full-time numismatist since 1972, retired in 2022.
  • LindeDad
    LindeDad Posts: 18,766 ✭✭✭✭✭
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    Wonder if he reads the forum?
    My Current project....https://www.pcgs.com/setregistry/mysetregistry/album/160794
  • TwoSides2aCoin
    TwoSides2aCoin Posts: 45,217 ✭✭✭✭✭
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    He's committing fraud, nonetheless. Want to see his "signature" on a check ?
  • ebaybuyer
    ebaybuyer Posts: 2,984 ✭✭✭
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    some people have a difficult time recognizing bullsheet, not only do they have to look at it, step in it and smell it but they have to taste it as well
    regardless of how many posts I have, I don't consider myself an "expert" at anything
  • TwoSides2aCoin
    TwoSides2aCoin Posts: 45,217 ✭✭✭✭✭
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    Originally posted by: ebaybuyer
    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.
  • AUandAG
    AUandAG Posts: 25,050 ✭✭✭✭✭
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    He claimed they were in his safe deposit box at a Bank of America across from Palace Station (on Sahara). Of course there is no BofA anywhere near that location.

    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.



    bobimage
    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
  • coindeuce
    coindeuce Posts: 13,527 ✭✭✭✭✭
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    "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. image

    "Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
    http://www.american-legacy-coins.com

  • TwoSides2aCoin
    TwoSides2aCoin Posts: 45,217 ✭✭✭✭✭
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    Is it this voice here ?
  • bigjpst
    bigjpst Posts: 3,236 ✭✭✭✭✭
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    Originally posted by: coindeuce

    "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. image




    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.
    JRobinsonRareCoins.com

    My Ebay Store

  • AUandAG
    AUandAG Posts: 25,050 ✭✭✭✭✭
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    Originally posted by: TwoSides2aCoin

    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).



    bobimage
    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
  • OperationButter
    OperationButter Posts: 1,672 ✭✭✭
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    Originally posted by: AUandAG

    I live in Vegas, why does he not want to do business locally?



    Hmmmmmmm, didn't call me and I advertise..



    bobimage




    You don't collect CC stuff do you Bob image
    Gold is for savings. Fiat is for transactions.



    BST Transactions (as the seller): Collectall, GRANDAM, epcjimi1, wondercoin, jmski52, wheathoarder, jay1187, jdsueu, grote15, airplanenut, bigole
  • OperationButter
    OperationButter Posts: 1,672 ✭✭✭
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    These sellers walk away from the table and deposit the check immediately on a smartphone, then sweep the funds to an unrelated account.




    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
    Gold is for savings. Fiat is for transactions.



    BST Transactions (as the seller): Collectall, GRANDAM, epcjimi1, wondercoin, jmski52, wheathoarder, jay1187, jdsueu, grote15, airplanenut, bigole
  • TopographicOceans
    TopographicOceans Posts: 6,535 ✭✭✭✭
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    Originally posted by: TwoSides2aCoin
    Is it this voice here ?
    It's like he's reading from a script.

    He probably has it memorized by now

  • TwoSides2aCoin
    TwoSides2aCoin Posts: 45,217 ✭✭✭✭✭
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    Our friend Karma is going to get ahold of him.
  • CaptHenway
    CaptHenway Posts: 34,167 ✭✭✭✭✭
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    A few dealers on Coinnet have reported the same scam call.
    Professional Numismatist, Retired. 55 year member ANA. Former ANA Senior Authenticator. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and ANA Lifetime Achievement Award 2020. Winner of the PNG's 2026 Robert Friedberg Award for "The Enigmatic Lincoln Cents of 1922," Available now from Whitman or Amazon.
  • CaptHenway
    CaptHenway Posts: 34,167 ✭✭✭✭✭
    Options
    Originally posted by: coindeuce

    "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. image




    That can also be done at coin shops. Once the check walks out the door, it cannot be cashed for cash.
    Professional Numismatist, Retired. 55 year member ANA. Former ANA Senior Authenticator. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and ANA Lifetime Achievement Award 2020. Winner of the PNG's 2026 Robert Friedberg Award for "The Enigmatic Lincoln Cents of 1922," Available now from Whitman or Amazon.
  • ricko
    ricko Posts: 98,724 ✭✭✭✭✭
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    Wow...scammers all over....Coindeuce, that scheme is downright nasty...I hope that is

    posted on a dealers forum someplace.... Cheers, RickO
  • johnny9434
    johnny9434 Posts: 34,068 ✭✭✭✭✭
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    theres all types out there thats for sure. what a bummer
  • guitarwes
    guitarwes Posts: 9,308 ✭✭✭
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    Give him the number of that shop in the northeast that Fred Weinberg just posted about that stole from him. That'll teach both of the scumbags!



    @ Elite CNC Routing & Woodworks on Facebook. Check out my work.
    Too many positive BST transactions with too many members to list.
  • TommyType
    TommyType Posts: 4,586 ✭✭✭✭✭
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    Originally posted by: coindeuce

    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. image



    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.....
    Easily distracted Type Collector

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