What is your opinion on presale coins on the 'Bay

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mach19
mach19 Posts: 5,049 ✭✭✭✭
in U.S. Coin Forum

Just looking for your opinion

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  • MsMorrisine
    MsMorrisine Posts: 40,040 ✭✭✭✭✭
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    with the rise of the non-numis-flipper, it has gone more into the territory of selling what might not even be able to buy

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • mach19
    mach19 Posts: 5,049 ✭✭✭✭
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    @MsMorrisine said:
    with the rise of the non-numis-flipper, it has gone more into the territory of selling what might not even be able to buy

    That is exactly why I asked !

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  • MasonG
    MasonG Posts: 7,568 ✭✭✭✭✭
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    As long as eBay allows it, if people want to pre-sell or people want to buy from pre-sellers, I don't care.

  • mach19
    mach19 Posts: 5,049 ✭✭✭✭
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    @MasonG said:
    As long as eBay allows it, if people want to pre-sell or people want to buy from pre-sellers, I don't care.

    k

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  • jmlanzaf
    jmlanzaf Posts: 43,044 ✭✭✭✭✭
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    @MasonG said:
    As long as eBay allows it, if people want to pre-sell or people want to buy from pre-sellers, I don't care.

    Agree. There's also zero monetary risk for the buyer.

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

  • mach19
    mach19 Posts: 5,049 ✭✭✭✭
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    @jmlanzaf said:

    @MasonG said:
    As long as eBay allows it, if people want to pre-sell or people want to buy from pre-sellers, I don't care.

    Agree. There's also zero monetary risk for the buyer.

    It just seems like a scam !

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  • MasonG
    MasonG Posts: 7,568 ✭✭✭✭✭
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    @mach19 said:

    @jmlanzaf said:

    @MasonG said:
    As long as eBay allows it, if people want to pre-sell or people want to buy from pre-sellers, I don't care.

    Agree. There's also zero monetary risk for the buyer.

    It just seems like a scam !

    Then don't buy from pre-sale listings.

    Problem solved. :)

  • davewesen
    davewesen Posts: 6,981 ✭✭✭✭✭
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    I do not like how sellers can cancel sale and buyers can not even leave negative feedback (at least it used to be that way)

  • mach19
    mach19 Posts: 5,049 ✭✭✭✭
    edited August 28, 2026 8:25PM
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    /

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  • mach19
    mach19 Posts: 5,049 ✭✭✭✭
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    @MasonG said:

    @mach19 said:

    @jmlanzaf said:

    @MasonG said:
    As long as eBay allows it, if people want to pre-sell or people want to buy from pre-sellers, I don't care.

    Agree. There's also zero monetary risk for the buyer.

    It just seems like a scam !

    Then don't buy from pre-sale listings.

    Problem solved. :)

    ¡ puǝᴉɹɟ ʎɯ dlǝH ɹnoʎ ɹoɟ noʎ ʞuɐɥ┴ ˙˙˙˙ƎWOSƎM∀

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  • Alpha2814
    Alpha2814 Posts: 382 ✭✭✭✭
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    @jmlanzaf said:

    @MasonG said:
    As long as eBay allows it, if people want to pre-sell or people want to buy from pre-sellers, I don't care.

    Agree. There's also zero monetary risk for the buyer.

    I can't think of a case where this is 100% true. I've had pre-orders fall through because the seller couldn't acquire the item as described (or so they claimed). There's also the chance that when the item does come for sale, the current market price is lower (e.g. gold spot drops significantly so the Mint order price follows suit, or as with the DC Superhero coins, the speculator market severely overestimated demand).

  • Nephasth
    Nephasth Posts: 206 ✭✭✭
    edited August 29, 2026 6:52AM
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    If people are willing to buy... so be it.

  • jmlanzaf
    jmlanzaf Posts: 43,044 ✭✭✭✭✭
    edited August 29, 2026 12:02AM
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    @Alpha2814 said:

    @jmlanzaf said:

    @MasonG said:
    As long as eBay allows it, if people want to pre-sell or people want to buy from pre-sellers, I don't care.

    Agree. There's also zero monetary risk for the buyer.

    I can't think of a case where this is 100% true. I've had pre-orders fall through because the seller couldn't acquire the item as described (or so they claimed). There's also the chance that when the item does come for sale, the current market price is lower (e.g. gold spot drops significantly so the Mint order price follows suit, or as with the DC Superhero coins, the speculator market severely overestimated demand).

    And if the seller cancels, you are out a total of $0. There's no monetary risk. The only real financial risk is for the seller if they go out and buy what they need and the price plunges.

    The only risk for the buyer is that they don't get the item.

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

  • jmlanzaf
    jmlanzaf Posts: 43,044 ✭✭✭✭✭
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    @mach19 said:

    @jmlanzaf said:

    @MasonG said:
    As long as eBay allows it, if people want to pre-sell or people want to buy from pre-sellers, I don't care.

    Agree. There's also zero monetary risk for the buyer.

    Qh
    It just seems like a scam !

    It's definitely not a "scam". There's no risk to the buyer other than failure to receive the item. That's the same risk you have in trying to buy directly from the Mint and not being able to place an order. Is that a "scam"? People waaaaay overuse that word.

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

  • johnny9434
    johnny9434 Posts: 34,049 ✭✭✭✭✭
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    Either way to me, its just alot of hype

  • PerryHall
    PerryHall Posts: 47,749 ✭✭✭✭✭
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    @jmlanzaf said:

    @Alpha2814 said:

    @jmlanzaf said:

    @MasonG said:
    As long as eBay allows it, if people want to pre-sell or people want to buy from pre-sellers, I don't care.

    Agree. There's also zero monetary risk for the buyer.

    I can't think of a case where this is 100% true. I've had pre-orders fall through because the seller couldn't acquire the item as described (or so they claimed). There's also the chance that when the item does come for sale, the current market price is lower (e.g. gold spot drops significantly so the Mint order price follows suit, or as with the DC Superhero coins, the speculator market severely overestimated demand).

    And if the seller cancels, you are out a total of $0. There's no monetary risk. The only real financial risk is for the seller if they go out and buy what they need and the price plunges.

    The only risk for the buyer is that they don't get the item.

    The only monetary risk for the buyer is his funds are tied up for a period of time and he may have to pass on other buying opportunities.

    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

  • rec78
    rec78 Posts: 5,963 ✭✭✭✭✭
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    I don't believe in selling what you do not have. I will not purchase or sell anything on pre-sale listings.

    I would be very upset if I ordered something pre-sale and a month later have the seller cancel the sale for whatever reason. Sorry, but this kind of marketing is not for me.

    image
  • jmlanzaf
    jmlanzaf Posts: 43,044 ✭✭✭✭✭
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    @rec78 said:
    I don't believe in selling what you do not have. I will not purchase or sell anything on pre-sale listings.

    I would be very upset if I ordered something pre-sale and a month later have the seller cancel the sale for whatever reason. Sorry, but this kind of marketing is not for me.

    I never do it. But, even the Mint does it.

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

  • Cougar1978
    Cougar1978 Posts: 10,067 ✭✭✭✭✭
    edited August 31, 2026 7:52PM
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    I don’t participate in it. Everybody knows many new issues tank in the aftermarket. I don’t believe in selling something I don’t have either.

    The other thing I am not going to shell out money for something that won’t be shipped to me for months.

    Investor
  • Cougar1978
    Cougar1978 Posts: 10,067 ✭✭✭✭✭
    edited August 29, 2026 8:48PM
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    If after market tanks…..game over

    Investor

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