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1907 high relief $20 gold on Craigslist

Wow, what a coin. I wonder what they're asking for it, anyone have a guess?
https://dallas.craigslist.org/dal/bar/d/rowlett-mcmvii-1907-saint-gaudens-high/7217618391.html

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    ThreeCentSilverFLThreeCentSilverFL Posts: 1,700 ✭✭✭✭✭

    Odd looking rim ding

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    LongarmLongarm Posts: 89 ✭✭

    Is that a wire edge?

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    PerryHallPerryHall Posts: 47,509 ✭✭✭✭✭

    @Longarm said:
    Is that a wire edge?

    Yes.

    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

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    rickoricko Posts: 98,724 ✭✭✭✭✭

    Too many red flags....It would be a pass for me. Cheers, RickO

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    PerryHallPerryHall Posts: 47,509 ✭✭✭✭✭

    @ThreeCentSilverFL said:
    Odd looking rim ding

    That may be due to the wire rim. There's also a scratch on the reverse.

    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

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    ThreeCentSilverFLThreeCentSilverFL Posts: 1,700 ✭✭✭✭✭

    @PerryHall said:

    @ThreeCentSilverFL said:
    Odd looking rim ding

    That may be due to the wire rim. There's also a scratch on the reverse.

    Oh yes I see that. Thanks

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    dcarrdcarr Posts: 10,047 ✭✭✭✭✭

    I think it is ex-jewelry. But it still has some value.

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    LongarmLongarm Posts: 89 ✭✭

    Yeah, probably too pricey for me. The guy has a 1911 S $5 that doesn't look bad, I wonder what he'll take for it.

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    LongarmLongarm Posts: 89 ✭✭

    PCGS price guide has a 1911 S ms60 for a thousand and a au55 for $740, maybe $700?

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    LongarmLongarm Posts: 89 ✭✭

    And as far as Craigslist being bad, why don't you do something about it? I try to scan Craigslist on a regular basis looking for fakes and when I find them I first try to ask the seller if they know if it's fake and if I don't get an answer then I post my own ad letting everyone know that they are fake using the sellers own pictures.

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    TurtleCatTurtleCat Posts: 4,668 ✭✭✭✭✭

    I already have a day job and taking care of two ill family members. I don’t have much time to scan craigslist. They majority of scams and worse seem to originate with them.

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    LongarmLongarm Posts: 89 ✭✭

    Can anyone tell if it's a RPM?

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    Oh well, the guy still hasn't given me a price, guess I will pass on it.

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    291fifth291fifth Posts: 25,169 ✭✭✭✭✭

    I'm surprised you even considered buying it.

    All glory is fleeting.
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    LongarmLongarm Posts: 89 ✭✭

    @TurtleCat said:
    I already have a day job and taking care of two ill family members. I don’t have much time to scan craigslist. They majority of scams and worse seem to originate with them.

    Yeah it sounds like you have your hands full, but I've made some good deals on Craigslist, not all the folks on there are bad.

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    LongarmLongarm Posts: 89 ✭✭

    @291fifth said:
    I'm surprised you even considered buying it.

    A silver stacker buying old pre-33 gold, yeah that's a real shocker. I've got modern gold, but lately I've had my eye on the old gold, I'd love to put a type set together. And who knows, maybe I'll find a real gem.

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    raycycaraycyca Posts: 1,751 ✭✭✭

    If it’s real gold, I’ll give him $2000, a little higher than gold. Then if it’s a fake coin at least I’d get my money back. Anyone ever deal coins on Craig’s list and got a good deal ?

    You only live life once, enjoy it like it's your last day. It just MIGHT be!

    image
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    LongarmLongarm Posts: 89 ✭✭

    @raycyca said:
    Anyone ever deal coins on Craig’s list and got a good deal ?

    Yes.

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    airplanenutairplanenut Posts: 22,702 ✭✭✭✭✭

    I'm very highly suspect that someone with the ability to take a photo of that quality also think Craigslist is the right place to sell that coin.

    JK Coin Photography - eBay Consignments | High Quality Photos | LOW Prices | 20% of Consignment Proceeds Go to Pancreatic Cancer Research
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    jmlanzafjmlanzaf Posts: 41,100 ✭✭✭✭✭

    @Longarm said:
    And as far as Craigslist being bad, why don't you do something about it? I try to scan Craigslist on a regular basis looking for fakes and when I find them I first try to ask the seller if they know if it's fake and if I don't get an answer then I post my own ad letting everyone know that they are fake using the sellers own pictures.

    Doesn't staying off Craigslist and advising others to do the same count as doing something about it? :)

    The Feds investigated a Craigslist scam in the NY, OH, PA area a couple years back. Guy from PA was posting in multiple towns, meeting people in parking lots and selling fake American Eagles. They finally tracked him down and arrested him.

    I met one of his victims at my local dealer's shop. The guy paid cash to acquire the eagle for about $60 or $70 less than he could have paid the dealer. Was it really worth the risk? The guy said he had done it 8 or 10 times before without a problem. But that one mistake wipes out any advantage from the previous 10 times.

    All comments reflect the opinion of the author, even when irrefutably accurate.

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    CatbertCatbert Posts: 8,182 ✭✭✭✭✭

    Welcome back @jmlanzaf

    Seated Half Society member #38

    "She comes out of the sun in a silk dress,
    running like a water color in the rain...."
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    jmlanzafjmlanzaf Posts: 41,100 ✭✭✭✭✭

    @Catbert said:
    Welcome back @jmlanzaf

    thanks.

    All comments reflect the opinion of the author, even when irrefutably accurate.

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    LongarmLongarm Posts: 89 ✭✭

    @jmlanzaf said:

    @Longarm said:
    And as far as Craigslist being bad, why don't you do something about it? I try to scan Craigslist on a regular basis looking for fakes and when I find them I first try to ask the seller if they know if it's fake and if I don't get an answer then I post my own ad letting everyone know that they are fake using the sellers own pictures.

    Doesn't staying off Craigslist and advising others to do the same count as doing something about it? :)

    The Feds investigated a Craigslist scam in the NY, OH, PA area a couple years back. Guy from PA was posting in multiple towns, meeting people in parking lots and selling fake American Eagles. They finally tracked him down and arrested him.

    I met one of his victims at my local dealer's shop. The guy paid cash to acquire the eagle for about $60 or $70 less than he could have paid the dealer. Was it really worth the risk? The guy said he had done it 8 or 10 times before without a problem. But that one mistake wipes out any advantage from the previous 10 times.

    I've done dozens of deals on CL, both selling and buying. I've seen the good and bad and have used that to hone my negotiation skills. Plus, I've met many good folks that I would never had the chance to meet otherwise.

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    jmlanzafjmlanzaf Posts: 41,100 ✭✭✭✭✭

    @Longarm said:

    @jmlanzaf said:

    @Longarm said:
    And as far as Craigslist being bad, why don't you do something about it? I try to scan Craigslist on a regular basis looking for fakes and when I find them I first try to ask the seller if they know if it's fake and if I don't get an answer then I post my own ad letting everyone know that they are fake using the sellers own pictures.

    Doesn't staying off Craigslist and advising others to do the same count as doing something about it? :)

    The Feds investigated a Craigslist scam in the NY, OH, PA area a couple years back. Guy from PA was posting in multiple towns, meeting people in parking lots and selling fake American Eagles. They finally tracked him down and arrested him.

    I met one of his victims at my local dealer's shop. The guy paid cash to acquire the eagle for about $60 or $70 less than he could have paid the dealer. Was it really worth the risk? The guy said he had done it 8 or 10 times before without a problem. But that one mistake wipes out any advantage from the previous 10 times.

    I've done dozens of deals on CL, both selling and buying. I've seen the good and bad and have used that to hone my negotiation skills. Plus, I've met many good folks that I would never had the chance to meet otherwise.

    Of course. There are good and bad people everywhere. But I would hardly criticize someone for not trying to locate fakes on Craigslist.

    All comments reflect the opinion of the author, even when irrefutably accurate.

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    GoldbullyGoldbully Posts: 18,500 ✭✭✭✭✭

    You don't buy rare coins on Craig's List period!!!

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    LongarmLongarm Posts: 89 ✭✭

    @Goldbully said:
    You don't buy rare coins on Craig's List period!!!

    Okay?

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    LongarmLongarm Posts: 89 ✭✭

    @Goldbully said:
    You don't buy rare coins on Craig's List period!!!

    Why? You buy them on Ebay.

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    jmlanzafjmlanzaf Posts: 41,100 ✭✭✭✭✭

    @Longarm said:

    @Goldbully said:
    You don't buy rare coins on Craig's List period!!!

    Why? You buy them on Ebay.

    On eBay, you have protections from both eBay and PayPal. You also don't have to meet a stranger in a parking lot while carrying a pile of cash.

    All comments reflect the opinion of the author, even when irrefutably accurate.

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    PQueuePQueue Posts: 901 ✭✭✭

    That was a short " Goodbye... "

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    matt_dacmatt_dac Posts: 963 ✭✭✭✭✭

    I don't waste time buying non-graded/authenticated gold as I noted above, but I've have good luck with Craigslist buying and selling (pre-Covid that is). I take a lot of precautions including meeting in an indoor public place with video cameras, armed to the teeth, search person online prior to meeting, etc. Suggest meeting at your local police station and see how the other person responds. Never, under any circumstances, meet at your house. I've done repeat business with a few people I met from Craigslist transactions.

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    NapNap Posts: 1,771 ✭✭✭✭✭

    Guy wants to trade for land in Texas. I don’t know Texas property law but presumably it’s a complex process that requires verification and registration of a buyer’s name and information. A crook who wants a quick cash grab wouldn’t want anything like that.

    I suspect it’s a legitimate offering and not an attempt to pull a fast one, but the coin is damaged and still could be a high quality forgery.

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    jmlanzafjmlanzaf Posts: 41,100 ✭✭✭✭✭
    edited November 3, 2020 7:52AM

    @PQueue said:
    That was a short " Goodbye... "

    Really? Two months wasn't long enough for a goodbye?

    I guess you don't say "goodbye" to your wife unless you're going to be gone for at least 3 months.

    I'll file that away in my "unwritten rules of the forum" for future reference. :)

    All comments reflect the opinion of the author, even when irrefutably accurate.

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    After comparing it to MS coins on ebay I> @jmlanzaf said:

    @Longarm said:

    @Goldbully said:
    You don't buy rare coins on Craig's List period!!!

    Why? You buy them on Ebay.

    On eBay, you have protections from both eBay and PayPal. You also don't have to meet a stranger in a parking lot while carrying a pile of cash.

    Sometimes I meet in parking lots, like not too long ago I met a little old lady that was selling her late husband's stuff, just some framed coin sets that wasn't worth much and some 40% Ikes. I gave her a fair price and she sure was happy, she said she didn't know what else to do with it after trying a couple of dealers who offered almost nothing. I prefer to meet at banks, that way I don't have to carry cash and while it's wise to never meet at your home sometimes I set up meetings at my office. It's got cctv and everything's on video and I've got backup.

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