And, Coinmovers brings you yet another chance to buy a $200,000 coin cheap...

Russ · June 11, 2004 4:24AM

..as he continues to pull "auction asset values" out his ass.

The coin is worth about $30, tops.

Russ, NCNE

Dennis88 · June 11, 2004 4:26AM

Now that's the coin were I've been waiting for!!!!

I really hate these auctions...

Dennis

100proof1957 · June 11, 2004 4:35AM

If its a proof in a PCI holder its "DEEP CAMEO"
has to be ! says so right on the holder !
the coin in ? would not make even CAM @ SEGS or NTC let alone the big 3 !
wanna see my 1957 Lincoln Proof 67 DCAM in the PCI holder ?
while its a nice coin and maybe PR67 or 8,it aint no cam and these are common as dirt.
2.00 coin i paid 40 bucks for,my fault and now i know better !
cant give this POS away !

Proof

keets · June 11, 2004 4:36AM

.........dial-up is my saving grace with this seller----the listing takes so long to load that i always jump back a page and don't have to get upset!!!!

hopefully, i'll be well trained by the time i move up to DSL.

al h.

Conder101 · June 11, 2004 4:37AM

Does the "Deep Cameo" part come in another holder?

XpipedreamR · June 11, 2004 4:38AM

Dude...that cameo is DEEP!!!

Steve27 · June 11, 2004 4:39AM

Already saw this one, had a good laugh.

ElectricEye · June 11, 2004 4:40AM

kranky · June 11, 2004 4:43AM

Well, the seller explicitly states that they "do their best to assign a value that indicates the potential asset value of the coin measured within the proximal relationship of existing price guide dynamics."

So all we can hope for is that some Ph.D. comes along to explain that sentence to us, and maybe we'll all understand better.

100proof1957 · June 11, 2004 4:45AM

"Dimple in a can"

ROFLMAO

relayer · June 11, 2004 4:46AM

The only way to sell a $20 coin for $100 is to explain that it is really a $200,000 coin

Russ · June 11, 2004 4:56AM

<< "do their best to assign a value that indicates the potential asset value of the coin measured within the proximal relationship of existing price guide dynamics."

So all we can hope for is that some Ph.D. comes along to explain that sentence to us, and maybe we'll all understand better. >>

Even using his convoluted double-speak formula, the value of a real PR70DCAM Accented Hair comes to about $36,000. Thus, he piles one fraudulent representation, (his assigned value of $200,000), upon another fraudulent representation, (his ridiculous formula based on the price guide for correctly graded PCGS material).

Russ, NCNE

dollardude · June 11, 2004 4:58AM

This seller needs his ass kicked for three reasons:

1. Overvaluing the auction,
2. Taking WAY too long to load the damn page, and
3. Making the listing WAY too long.

ScarsdaleCoin · June 11, 2004 5:01AM

what I really like about his about me page...is his products are PCI and another unknow brand....yet he refers his values based on collectors universe.....what a joke.....someone should just bid $200,000 just for fun

smprfi · June 11, 2004 5:02AM

I think this guy works for the HSN.

PhillyJoe · June 11, 2004 5:17AM

If the coins were worth 10% of the mythical "assigned" (there's a hidden clue in 'assigned') value they would be worth a small fortune.

Deciding between his beautiful selection of Trugrade and PCI coins is like asking someone if they prefer stepping in dogsh!t or horsesh!t.

Joe

ARCO · June 11, 2004 5:50AM

You think the seller would dump Ebay if he had $100,00- $200,000 coins but consistently got $50-$100 dollars for them. It is weird that the seller is satisfied selling a $200,000 coin for $100. That is why this hobby rules. There are sellers willing to give up so much profit and personal wealth to share with the little collector.

Tyler

Cameonut · June 11, 2004 5:57AM

OK - I give up.
What is ROFLMAO?

Cameonut

coingame2000 · June 11, 2004 5:59AM

Russ,

I just sent Coinmovers the following email:

Question from eBay Member: 1964 ACCENTED HAIR KENNEDY~PR70 DEEP CAMEO~$200,000 (Item # 3916527883)

Dear coinmovers,

Just curious -- does the Coin Universe price guide value a PCI PR70 DEEP CAMEO 1964 ACCENTED HAIR KENNEDY half dollar at anywhere near the $200,000 figure so prominently mentioned in your eBay auction? Gee, my knowledge of pricing may be somewhat askew so please help me out -- I don't wish to remain in the dark ages. Thank you...

To view the item, go to: http://cgi.ebay.com/ws/ebayISAPI.dll?ViewItem&item=3916527883

Thank you,
coingame2003

I'll eagerly await his response -- and should I receive one I'll share it here.

Mike

K6AZ · June 11, 2004 6:11AM

<< OK - I give up.
What is ROFLMAO?

Cameonut >>

Rolling on floor laughing my a** off.

Russ · June 11, 2004 6:29AM

<< is weird that the seller is satisfied selling a $200,000 coin for $100. >>

Arco,

This auction just started. He frequently gets $400 to $500 for these $20 to $30 coins.

Mike,

I'll be very interested to see his response, if he responds at all. He's a member of these forums and lurks frequently.

Russ, NCNE

TAP444 · June 11, 2004 6:44AM

maybe this is one to point out to David Hall
where the seller has linked the price guide
Tim

Numismanic · June 11, 2004 6:48AM

Ooooh! Look at the frost just dripping off that coin.

MICHAELDIXON · June 11, 2004 6:50AM

Russ,
You're going to get that new attorney started again! Can anybody find the old post?

jeffnpcb · June 11, 2004 7:03AM

Did he just jack the price up from the previous auction?

Another reason PCGS should drop it's price guide!

bearcave · June 11, 2004 7:04AM

I'm sending my coins to the wrong grading service.

If I can get that kind of money for overgraded coins, why not!

Myqqy · June 11, 2004 7:36AM

Deciding between his beautiful selection of Trugrade and PCI coins is like asking someone if they prefer stepping in dogsh!t or horsesh!t.

I'm thinking that going with the dogsh!t is better?....

Does anybody remember coinmovers id for this message board? I'm drawing a blank......

Conder101 · June 11, 2004 11:56PM

Actually if you have the choice take the horse.

The horse is dryer, more solid, doesn't smell as bad, and tends not to stick to your shoes anywhere near as much as dog.

mozeppa · June 12, 2004 1:38AM

condor...are you a expert?

wildjag · June 12, 2004 2:09AM

<< Actually if you have the choice take the horse.

The horse is dryer, more solid, doesn't smell as bad, and tends not to stick to your shoes anywhere near as much as dog. >>

I agree with conder101 on this, except that the horse takes a bigger dump, thus more to step in

XpipedreamR · June 12, 2004 2:20AM

Russ, do you have any idea why he regularly sells coins worth many, many thousands of dollars...up to a quarter of a million dollars, for a teensy fraction of their true value?

Is it altruism? Insanity? Smoething else?

roadrunner · June 12, 2004 2:27AM

Coinmovers buys his coins right and just passes the savings on to all of us. He is a genuinely great guy who is happy to make his fair % like most dealers.

Where can I get some of that ACG frost in a can?

roadrunner

XpipedreamR · June 12, 2004 2:29AM

I see...probabaly loses $$ on every sale but makes it up in quantity

wjd283 · June 12, 2004 2:35AM

PRISTINE!!???Who trained this guy Robert Chambers?I believe you'd probably get a better deal from Robert.

coinmovers=supracoin.I believe.

Russ · June 15, 2004 11:40AM

Now up to $510 for this $30 (at most) coin.

Russ, NCNE

Android · June 15, 2004 11:53AM

<< I'll be very interested to see his response, if he responds at all. He's a member of these forums and lurks frequently.

Russ, NCNE >>

OK Russ, fess up! Who is it?

Weiss · June 15, 2004 11:59AM

I'm torn:
Is it bad form to contact the high bidders here? Is it against eBay policy? It may be too late to retract their bid, but at least they'll have learned their lesson.

And then again, if you honestly think you've found the deal of a lifetime by bidding $500 for a coin that the seller claims is worth $200,000, don't you deserve what you get? Especially from a seller whose previous sales are easily accessible and that have similarly absurd values but that sold for a fraction of them?

It's not like you've done your homework and have discovered some unrecorded, ultra-rare variety or even a mistake in the listing that only you know about. He's actually directing the bidders to CU's price guide. They know that he knows what the "value" is, yet they still think they're pulling one over on HIM. Don't they need to take responsibility for their own actions?

Russ · June 15, 2004 11:59AM

Android,

Surprisingly, he did respond to Mike and he IS lurking here. He linked this thread in a novel length, 90% canned response. It was clear reading it that he has it prepared and ready to go for what are no doubt numerous eMails about his fabricated values.

As wjd283 noted above, his forum handle is supracoin.

Russ, NCNE

Russ · June 15, 2004 12:02PM

<< Is it bad form to contact the high bidders here? Is it against eBay policy? >>

It is against eBay's auction interference policy and doing so can get you booted.

Russ, NCNE

Android · June 15, 2004 12:02PM

Don't know him , but thanks for the info. It's my hope that this is the kind of tripe the ANA and Ebay are discussing.

Russ · June 15, 2004 12:07PM

<< It's my hope that this is the kind of tripe the ANA and Ebay are discussing. >>

This one is clear criminal fraud. Those cases that have been successfully prosecuted in the past were always based on gross and deliberate value misrepresentation. This seller has skinned the unwary for many many thousands of dollars. Sooner or later, he'll end up in court - unless he skips first. But, his victims have to realize they've been taken, and that will take some time.

Russ, NCNE

ss350camaro · June 15, 2004 12:51PM

Is it still considered auction interference to contact winning bidders with "questions" and "comments" after the auction ends ?

ss350camaro · June 15, 2004 1:16PM

Is it still considered auction interference to contact winning bidders with "questions" and "comments" after the auction ends ?

Mikey · June 15, 2004 1:25PM

On first glance, I was impressed with their layout and details. Once you start reading the fine print, it's obviously a very amatuer job of writing, and marketing. Here are two excerpts that cracked me up.

<< While some investments may mature immediately, most often take time. Since the coin market thinly capitalized,... >>

and

<< The CoinMovers team is committed to the highest standards of integrity and quality service. We take allot of pride in what we do and view it as our privilege that you would give us the opportunity to do business with you. >>

Nice.

Russ · June 17, 2004 11:12AM

Closed at $810. I don't know how this seller can sleep at night.

Russ, NCNE

K6AZ · June 17, 2004 11:23AM

<< Is it still considered auction interference to contact winning bidders with "questions" and "comments" after the auction ends ? >>

eBay Policy

Members are not allowed to interfere with another member's transaction.

Members may not contact a seller and offer to purchase a listed item outside of eBay.

Members are not permitted to email buyers in an open or completed transaction to warn them away from a seller or item. If you have a problem with a transaction, please use the feedback forum and review our Fraud Protection Program.

Transaction Interference

ss350camaro · June 17, 2004 12:19PM

Thanks for the info Eric.

And, Coinmovers brings you yet another chance to buy a $200,000 coin cheap...

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