I think the buyer is going to be disappointed when it doesn't show up....

streeter · February 16, 2006 9:57AM

such a deal on ebay---about 10-20k thousand short

Barndog · February 16, 2006 10:18AM

PT Barnum's maxim proves true again, and again, and again, and again ...

Gemini · February 16, 2006 10:44AM

Would the owner of this coin who no doubt would have to be an advanced collector/specialist really choose to sell a great rarity like this on e-bay and also without a reserve?

coinguy1 · February 16, 2006 10:57AM

I hope it goes for less than $28,000

szavori · February 17, 2006 2:22AM

Winning bidder's ID kept private.....good bet there was shill bidding going on.

BECOKA · February 17, 2006 2:27AM

If they would have accepted pay-pal you can get your funds back. Since they did not offer this the winning bidder is hosed.

coinguy1 · February 17, 2006 2:49AM

<< If they would have accepted pay-pal you can get your funds back. Since they did not offer this the winning bidder is hosed. >>

No I'm not "hosed". I was dead serious when I posted "I hope it goes for less than $28,000", as that was my maximum bid.

szavori · February 17, 2006 3:05AM

Wow, let us know how it turns out.

kiyote · February 17, 2006 3:14AM

The biggest score I saw for a buyer was a 2004 4-piece proof platinum set that went for $1600.00-- well below mint issue price. The seller was a Canadian kid with no feedback. A week and a half later, the buyer gave him an A+ feedback comment. o.O

Regulated · February 17, 2006 3:42AM

A great deal at that level. At $28,000, you ought to have your head examined, IMHO.

johnsonbiglittle · February 17, 2006 3:45AM

wow that is awesome! that coin is worth the price!...if only i had 28,000 lying around

coinguy1 · February 17, 2006 3:49AM

<< A great deal at that level. At $28,000, you ought to have your head examined, IMHO. >>

David, I bid that so that no one would get taken by the Ebay seller. And, there is no "great deal" involved. I'm very confident that the seller has no such coin to deliver.

jayboxx · February 17, 2006 3:52AM

Mark, what do you do when the auction is over to confirm that it is not a real coin?

relayer · February 17, 2006 3:52AM

<< 

<< If they would have accepted pay-pal you can get your funds back. Since they did not offer this the winning bidder is hosed. >>

No I'm not "hosed". I was dead serious when I posted "I hope it goes for less than $28,000", as that was my maximum bid.

>>

streeter · February 17, 2006 4:23AM

CG1

It's only proper that you compensate me handsomely with a substantial finders fee. With this in mind...may I suggest $2,000.

I'l just wait by the mailbox.

coinguy1 · February 17, 2006 4:33AM

<<CG1

It's only proper that you compensate me handsomely with a substantial finders fee. With this in mind...may I suggest $2,000.

I'l just wait by the mailbox.

>>

Sounds like a great plan. However, I suggest that you bring lots of food, a sleeping bag, reading material, a port-a-potty and other necessities.

streeter · February 17, 2006 4:43AM

So .......

You agree with the 2k. I also accept tips

Regulated · February 17, 2006 5:39AM

Mark - how do you deal with these things without having feedback issues?

coinguy1 · February 17, 2006 5:43AM

David, I handle it a number of different ways, which I prefer not to reveal here. Thus far, my account has not received any negatives. Eventually I will probably receive one or more.

jayboxx · February 17, 2006 5:49AM

Mark won't mention it, but besides dealing in coins he is a part time FBI and FTC investigator

streeter · February 17, 2006 6:04AM

<<David, I handle it a number of different ways, which I prefer not to reveal here. Thus far, my account has not received any negatives. Eventually I will probably receive one or more.>>

translation: CG1 knows people in high places.

but about the mailbox thingy....it's supposed to rain so...could you hurry it up...the dog needs to eat.

coinguy1 · February 18, 2006 7:32AM

I have corresponded with the scammer (and left negative feedback, which I will explain later). Here is ihis first message to me:

Hello.
You have won 1849 Norris, Grieg and Norris $5 Half Eagle AU-55 PCGS
(8384455759).
Your total is $5231.
I'll ship via insured shipping. I represent a company and will accept bank
transfer to company bank account. We insure shipping and give you moneyback
warranty.
Please, do bank to bank transfer to CGS Dealers Inc. company bank account
and e-mail me after with your shipping address.
Here are bank details to do the transfer to:
Account name: CGS Dealers Inc.
Account holder's address: 14 Washington str., New York NY, 10286
Account Number : 890-0514-841
bank Name: Bank of New York
bank address: One Wall str.,8 th Floor New York NY, 10286 USA
Routing No.: 021000018
bank Swift Code: IRVTUS3N
WITH Payment details: "4652051400305302, Semynin Konstantin Eduardovich"
Please strongly send wire transfer with above payment details note or I
won't get your payment. E-mail me after with payment confirmation and
confirm your shipping address.
Thank you

I wrote back asking for a name and address to send my check to, since that form of payment was included as an option in the listing. He then sent this:

Hello.
We will not accept checks now, our antifraud department is investignating
one deal now (fake check was used).
I'll ship via UPS insured shipping. I represent a company and will accept
bank transfer to company bank account. We insure shipping and give you
moneyback warranty.
Please, do bank to bank transfer to CGS Dealers Inc. company bank account
and e-mail me after with your shipping address.
Here are bank details to do the transfer to:
Account name: CGS Dealers Inc.
Account holder's address: 14 Washington str., New York NY, 10286
Account Number : 890-0514-841
bank Name: Bank of New York
bank address: One Wall str.,8 th Floor New York NY, 10286 USA
Routing No.: 021000018
bank Swift Code: IRVTUS3N
WITH Payment details: "4652051400305302, Semynin Konstantin Eduardovich"
Please strongly send wire transfer with above payment details note or I
won't get your payment. E-mail me after with payment confirmation and
confirm your shipping address.
Thank you

I then used Ebay's "Find Contact Information" option and got the name and phone number of the seller whose account the item was sold under. I called him, and much to my shock (NOT), the gentleman had not used his account in a couple of years. I filled him in and asked that he contact Ebay to let them know what had happened. As I had received confirmation of my presumption that the account had been compromised/hijacked by a scammer, I immediately left negative feedback

Edited to add: Streeter, the bad news is that there will be no finder's fee. The good news is that now you can stop camping out next to your mailbox.

RYK · February 18, 2006 7:47AM

I am going to block "i-like-rare-coins" from my auctions. He seems to leave quite a bit of negative feedback.

Gemini · February 18, 2006 7:55AM

Negative feedback isn't enough......he should be hung by the culhones

coinguy1 · February 18, 2006 10:37AM

Well, maybe my second warning got through to Ebay:

"The following is a notice from eBay Trust & Safety regarding:

Item Number - 8384455759

Item Title - 1849 Norris, Grieg and Norris $5 Half Eagle AU-55 PCGS

Our records show that you placed a bid on this item. We removed this item from the Site and cancelled your bid because it appears that the seller's account has been compromised and used by an unauthorized third party...."

PhillyJoe · February 18, 2006 11:00AM

Nice job, Mark.

I was ready to go to NY and pick it up in person for you. THAT would have surprised our little scammer!

Joe

streeter · February 18, 2006 11:04AM

coinguy

I don't know what to say...I was counting on your tip

Seriously...

Mark...if things are real slow and you are interested...I can find a few

good items to .....ahem....bid on.

lordmarcovan · February 18, 2006 11:33AM

joefro · February 19, 2006 4:17AM

<<

>>

This forum rules

I think the buyer is going to be disappointed when it doesn't show up....

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