<< <i>I guess by a few of you on here, ( and you know who you are), any dealer that makes a profit from a sale just screwed someone...it just depends on how bad the screw job was. >>
I don't think it's as simple as that.
An average Joe posts a coin on eBay at 10 times actual value. The masses laugh. A known dealer posts a coin on eBay at 10 times actual value. The masses get angry.
Why is that? I think it has much to do with the perceived knowledge of the seller in question compared to the perceived knowledge of the average collector.
If average Sam buys average Joe's coin, it's just an idiot getting taken. Shame on him for not learning before buying. If average Sam buys known dealer's coin, he was cheated, and shame on the dealer.
I'm not saying it's right, but I do react that way as well. There's just a gut reaction that can't be easily defined.
<< <i>m sure some people wouldn't complain if they got screwed in addition to buying a coin >>
But some deals can feel more like "prison love"
Anyone can hunt for suckers, that's not the same as trying to screw someone. If you are above board on everything and not fraudulent then an obscene profit is still not a screw job.
I agree that 10K for that coin is too much for me but I know plenty of people that think that 40-50K for an dollar coin is "screwing someone" yet we wouldn't complain to get a gem 93-S for that.
I buy the 1913 Liberty nickel for $4.1 million, and announce it with great pride here on the forum. I wonder what reaction I'd get?
"You idiot! It sold just a few years ago for 3/4 of that! Oh, you're gonna eat that one big time!" "I bet it doesn't even grade 66. I heard it was cleaned years ago!" "Sheesh. With that much dough you could have bought a High Relief, Gobright, a 16-D, 3-legged, and 1955 dd, and had money left over for a party! Bad move!"
On the other hand, a REAL mover and shaker buys it, and it's a good investment.
I, obviously, don't know which story is true, but it's the parties involved that tend to color the analysis more than the known facts.
I put the coin up on eBay for $10,000 with absolutely no intent of it selling for that price. It did, however, attract alot of attention which is exactly what it was supposed to do. If I had it up there for $100,000 would that have made it more clear that we listed it as just a marketing tool? Where do you draw the line? I even stated in the description that we didn't want to sell the coin therefore I listed it at an arbitrary high price. Also, how many of you have actually called us to get a best price for a coin? If you like a coin that we have but not the price it's listed at, please don't hesitate to call and see what can be worked out. I think you'll find the experience to be a pleasant one and I certainly enjoy having a conversation about coins with anybody that calls.
The majority of members here are very nice and enjoyable folks. If you stopped by our table at Long Beach you will know that we try to make everybody happy. We enjoy talking with collectors and showing them nice coins even if they don't have any intent to buy. We had a great time there meeting some very cool members of this forum and just spending several days surrounded by awesome coins. One of the most enjoyable moments at the show was when we were approached by a father with his children and I took out most of the coins in our highlight case (1795 $1 NGC MS62, 1796 25c NGC MS62, 1882 $1 Trade NGC PF66UCAM, and the infamous toned Olympic are just some that ring a bell) and let them pass each one around. After they looked at the coins they thanked me and left. Those moments and other similar ones really made my day.
One of the most enjoyable moments at the show was when we were approached by a father with his children and I took out most of the coins in our highlight case (1795 $1 NGC MS62, 1796 25c NGC MS62, 1882 $1 Trade NGC PF66UCAM, and the infamous toned Olympic are just some that ring a bell) and let them pass each one around. After they looked at the coins they thanked me and left. Those moments and other similar ones really made my day.
Kudos to you. It might have gone over the kids heads but dad will talk about you for a long time.
When will you be in Florida, I'd love to play with some expensive coins . I'll bring a pocket vice so I can get a closer look on the coin, not the plastic.
-Daniel
"It is the mark of an educated mind to be able to entertain a thought without accepting it."
-Aristotle
Dum loquimur fugerit invida aetas. Carpe diem quam minimum credula postero.
Don't get me wrong but I would love to be able to say I own an Anaconda coin, but this price is more than double what its worth. Maybe the listing price is an error. I would love to buy this coin but not anywhere near this price.
Thank you for pointing out this coin. It was not priced in error but did you read my last post about dropping a line before clicking buy it now? Anyway, It's priced that way because it's ultra nice as a simple MS62 with lots of luster and an incredible teal/blue iridescent patina. It's definitely one of those coins that the sheets and auction records for hum drum examples only serve as a partial guide in determining the price. One would obviously have to see it in-hand to appreciate it.
Thank you for pointing out this coin. It was not priced in error but did you read my last post about dropping a line before clicking buy it now? Anyway, It's priced that way because it's ultra nice as a simple MS62 with lots of luster and an incredible teal/blue iridescent patina. It's definitely one of those coins that the sheets and auction records for hum drum examples only serve as a partial guide in determining the price. One would obviously have to see it in-hand to appreciate it. >>
By god no I didn't poorguy. I just saw the thread and responded without reading all the post.
You know how it is...Anaconda Rare Coins trying to screw someone is laughable.
You guys always have the best coins available and I would love to own one, but being a truck driver I can only dream.
I'm VERY sorry. After reading my post I see I was harsh. The "I think you are trying to with this auction" was wrong and I am very sorry for choosing those words. I did not mean that, and should have asked you about it, NOT write something stupid like that. Please forgive me.
<< <i>I put the coin up on eBay for $10,000 with absolutely no intent of it selling for that price. It did, however, attract alot of attention which is exactly what it was supposed to do. If I had it up there for $100,000 would that have made it more clear that we listed it as just a marketing tool? Where do you draw the line? >>
If someone was stupid enough to buy it, would he/she have been screwed? I rest my case.
Actually, I believe Adrian and Brendon are good folks--sometimes it seems as if Snakes gets aroused when he sees a toner.
As far as that modern toned crap is concerned, suffice to say it's not my bag. If it's not AT, it surely was poorly stored and probably should be considered environmentally damaged. To pay big buck$ (or anything, for that matter) for such junk seems to be on the luniatic fringe to me, but that's just one man's opinion. To each his/her own--live & let live.
I beleive Adrian's a glutton for punishment for starting this thread--he brought out many of the flamers too! Could this all be a bit of a spoof started by a wiley snake??
...sometimes it seems as if Snakes gets a boner when he sees a toner
You have posted this before, elsewhere, and I ignored it. Not this time. Why you cannot have a single post without some locker room talk is unfathomable to me.
<< <i>...sometimes it seems as if Snakes gets [bleep] when he sees a toner
You have posted this before, elsewhere, and I ignored it. Not this time. Why you cannot have a single post without some locker room talk is unfathomable to me. >>
There--I edited it just for you as I wouldn't want you to get excited.
The provenance may be worth something to somebody.
Even the better date Bass gold coins hardly sell for a premium. Most of them no longer even have the Bass pedigree on the slab. Despite this, in my calculation of 50% overpriced, I allowed for a 20% premium for the Bass pedigree on this widget.
Yes, I got "screwed" by them! Brandon sold me so many unbelievable commems with "one-of-a-kind" beautiful toning, that I'm having an extremely difficult time finding other commems to add to my collection that even come close to being as nice. Shame on them! Oh... and their service isn't too shabby either.
"My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose, Cardinal.
Maybe 12 years ago, I was visiting Greg Rohan and Jim Halperin and they offered me a 1795 (I think) (small eagle reverse for sure) Silver Dollar, PCGS MS 63, totally white and incredibly lustrous. They offered it to me for 50K and I bought it on the spot.
Brought it home, my wife was not happy that I didn't check with her about buying the coin. Was bemoaning the story to Dave Albanese. He said he wanted the coin, I offered it to him for $55,000, wanting to please the wife by selling it promptly.
Told the wife who said "Why did you sell it so cheap?" (Some people, you just can't please.)
Anyway, I think that coin is probably worth around 150K or better now.
I have bought several coins from Adrian over the years, all toned of course and sold everyone for a profit when I found a better one. So no I have never been screwed.
I bought one coin from Adrian / Brandon. It is a beautifully rim-toned 1905 O Barber Half in PC 5 about four years ago. I was looking for four solid years for an acceptable Barber Half in MS 65 before buying it. I know what he paid for the coin and thought the markup was reasonable.
"Vou invadir o Nordeste, "Seu cabra da peste, "Sou Mangueira......."
I have one coin from Anaconda that I've had for at least 4 years. I never had a problem with either him or Brandon. I wish he could have helped me out though, when Frank VanZandt was being persecuted/prosecuted by the Dept. of the Interior. They managed to put him 6 feet under.
I was an Anaconda customer for a few years and while I wouldn't characterize it as being screwed, I did have a few major problems over that time. The problems were resolved so I hesitate to post what happened in this open forum. Would you prefer that I PM you or just post what happened?
Comments
<< <i>I guess by a few of you on here, ( and you know who you are), any dealer that makes a profit from a sale just screwed someone...it just depends on how bad the screw job was. >>
I don't think it's as simple as that.
An average Joe posts a coin on eBay at 10 times actual value. The masses laugh.
A known dealer posts a coin on eBay at 10 times actual value. The masses get angry.
Why is that? I think it has much to do with the perceived knowledge of the seller in question compared to the perceived knowledge of the average collector.
If average Sam buys average Joe's coin, it's just an idiot getting taken. Shame on him for not learning before buying.
If average Sam buys known dealer's coin, he was cheated, and shame on the dealer.
I'm not saying it's right, but I do react that way as well. There's just a gut reaction that can't be easily defined.
<< <i>m sure some people wouldn't complain if they got screwed in addition to buying a coin >>
But some deals can feel more like "prison love"
Anyone can hunt for suckers, that's not the same as trying to screw someone. If you are above board on everything and not fraudulent then an obscene profit is still not a screw job.
I agree that 10K for that coin is too much for me but I know plenty of people that think that 40-50K for an dollar coin is "screwing someone" yet we wouldn't complain to get a gem 93-S for that.
I buy the 1913 Liberty nickel for $4.1 million, and announce it with great pride here on the forum. I wonder what reaction I'd get?
"You idiot! It sold just a few years ago for 3/4 of that! Oh, you're gonna eat that one big time!"
"I bet it doesn't even grade 66. I heard it was cleaned years ago!"
"Sheesh. With that much dough you could have bought a High Relief, Gobright, a 16-D, 3-legged, and 1955 dd, and had money left over for a party! Bad move!"
On the other hand, a REAL mover and shaker buys it, and it's a good investment.
I, obviously, don't know which story is true, but it's the parties involved that tend to color the analysis more than the known facts.
The majority of members here are very nice and enjoyable folks. If you stopped by our table at Long Beach you will know that we try to make everybody happy. We enjoy talking with collectors and showing them nice coins even if they don't have any intent to buy. We had a great time there meeting some very cool members of this forum and just spending several days surrounded by awesome coins. One of the most enjoyable moments at the show was when we were approached by a father with his children and I took out most of the coins in our highlight case (1795 $1 NGC MS62, 1796 25c NGC MS62, 1882 $1 Trade NGC PF66UCAM, and the infamous toned Olympic are just some that ring a bell) and let them pass each one around. After they looked at the coins they thanked me and left. Those moments and other similar ones really made my day.
Kudos to you. It might have gone over the kids heads but dad will talk about you for a long time.
You sound like a good sport.
-Daniel
-Aristotle
Dum loquimur fugerit invida aetas. Carpe diem quam minimum credula postero.
-Horace
NO, but...
I think you are trying to with this auction.
Don't get me wrong but I would love to be able to say I own an Anaconda coin, but this price is more than double what its worth.
Maybe the listing price is an error. I would love to buy this coin but not anywhere near this price.
Thank you for pointing out this coin. It was not priced in error but did you read my last post about dropping a line before clicking buy it now? Anyway, It's priced that way because it's ultra nice as a simple MS62 with lots of luster and an incredible teal/blue iridescent patina. It's definitely one of those coins that the sheets and auction records for hum drum examples only serve as a partial guide in determining the price. One would obviously have to see it in-hand to appreciate it.
<< <i>Glenn,
Thank you for pointing out this coin. It was not priced in error but did you read my last post about dropping a line before clicking buy it now? Anyway, It's priced that way because it's ultra nice as a simple MS62 with lots of luster and an incredible teal/blue iridescent patina. It's definitely one of those coins that the sheets and auction records for hum drum examples only serve as a partial guide in determining the price. One would obviously have to see it in-hand to appreciate it. >>
By god no I didn't poorguy. I just saw the thread and responded without reading all the post.
You know how it is...Anaconda Rare Coins trying to screw someone is laughable.
You guys always have the best coins available and I would love to own one, but being a truck driver I can only dream.
I found an 1818 Large cent ANACS graded 63 and asked the people here about it crossing over to PCGS (BIG mistake!)
The price skyrocketed!
The "I think you are trying to with this auction" was wrong and I am very sorry for choosing those words.
I did not mean that, and should have asked you about it, NOT write something stupid like that.
Please forgive me.
<< <i>I put the coin up on eBay for $10,000 with absolutely no intent of it selling for that price. It did, however, attract alot of attention which is exactly what it was supposed to do. If I had it up there for $100,000 would that have made it more clear that we listed it as just a marketing tool? Where do you draw the line? >>
If someone was stupid enough to buy it, would he/she have been screwed? I rest my case.
Actually, I believe Adrian and Brendon are good folks--sometimes it seems as if Snakes gets aroused when he sees a toner.
As far as that modern toned crap is concerned, suffice to say it's not my bag. If it's not AT, it surely was poorly stored and probably should be considered environmentally damaged. To pay big buck$ (or anything, for that matter) for such junk seems to be on the luniatic fringe to me, but that's just one man's opinion. To each his/her own--live & let live.
I beleive Adrian's a glutton for punishment for starting this thread--he brought out many of the flamers too! Could this all be a bit of a spoof started by a wiley snake??
No, but I would sure like to hear about it.
You have posted this before, elsewhere, and I ignored it. Not this time. Why you cannot have a single post without some locker room talk is unfathomable to me.
<< <i>...sometimes it seems as if Snakes gets [bleep] when he sees a toner
You have posted this before, elsewhere, and I ignored it. Not this time. Why you cannot have a single post without some locker room talk is unfathomable to me.
There--I edited it just for you as I wouldn't want you to get excited.
And so it this
It was not priced in error but did you read my last post about dropping a line before clicking buy it now?
Would that be soliciting an off ebay sale?
No.
In regards to the items you mentioned, I don't ever recall a phonecall from you either.
I think so...by about 50%.
Even the better date Bass gold coins hardly sell for a premium. Most of them no longer even have the Bass pedigree on the slab. Despite this, in my calculation of 50% overpriced, I allowed for a 20% premium for the Bass pedigree on this widget.
Who got stuck holding the bag (not the sack) on it?
Oh... and their service isn't too shabby either.
Never $crew with attorneys.
You screwed us all by leaving the business!
Welcome back
PCGS Registries
Box of 20
SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
Maybe 12 years ago, I was visiting Greg Rohan and Jim Halperin and they offered me a 1795 (I think) (small eagle reverse for sure) Silver Dollar, PCGS MS 63, totally white and incredibly lustrous. They offered it to me for 50K and I bought it on the spot.
Brought it home, my wife was not happy that I didn't check with her about buying the coin. Was bemoaning the story to Dave Albanese. He said he wanted the coin, I offered it to him for $55,000, wanting to please the wife by selling it promptly.
Told the wife who said "Why did you sell it so cheap?" (Some people, you just can't please.)
Anyway, I think that coin is probably worth around 150K or better now.
Rainbow Stars
I haven't read the whole thread, but what would the twins nubiles in Costa Rica have to say about that ?
"Seu cabra da peste,
"Sou Mangueira......."
I had offered you 4500$ on a Franklin you wanted 6500$ for .... you passed - I was told you wouldn't sell for less then cost
then a year later , a friend of mine buys the coin from you @ 3500$..........
.....( my dollar amounts may not be exact , but there close enough to make my point )
have helped me out though, when Frank VanZandt was being persecuted/prosecuted by the Dept. of the Interior. They managed to put him 6 feet under.
"Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
http://www.american-legacy-coins.com
<< <i>Still waiting....... >>
Adrian,
I was an Anaconda customer for a few years and while I wouldn't characterize it as being screwed, I did have a few major problems over that time. The problems were resolved so I hesitate to post what happened in this open forum. Would you prefer that I PM you or just post what happened?
Paul
Camelot