Home› U.S. Coin Forum

What?!

MesquiteMesquite Posts: 4,075 ✭✭✭
in U.S. Coin Forum
I have been watching this auction - thinking about a commem. for the 7070. Last night the bidding stood at ~$26. It is now over $300. Look at the bidding activity - something is very wrong here. If this were to happen to one of your auctions what would you do/what could you do about it?

Auction
There are two ways to conquer and enslave a nation. One is by the sword. The other is by debt.
–John Adams, 1826

Comments

  • RYKRYK Posts: 35,800 ✭✭✭✭✭
    It looks like "0***0( 8 )" inchwormed up "s***i( 7 )'s" bids. At any rate, I would not be interested on bidding on that coin, nor with that seller.
    My Box of 20: https://pcgs.com/setregistry/collectors-showcase/box-20/ryks-gold-box-20/17132
  • mommam17mommam17 Posts: 971 ✭✭✭
    I don`t understand that auction. Someone will pay 65 money for a circulated coin!
  • fcloudfcloud Posts: 12,133 ✭✭✭✭
    Maybe they are somehow involved with the charity that 10% goes to?

    President, Racine Numismatic Society 2013-2014; Variety Resource Dimes; See 6/8/12 CDN for my article on Winged Liberty Dimes; Ebay

  • MesquiteMesquite Posts: 4,075 ✭✭✭
    Be that as it may, I saw this and concluded that some insomniac is playing games. Clearly that auction sould not be anywhere near $300, not with those photos and not with that coin. As the seller I would be very concerned that somebody is playing with my auction. I don't imagine that the seller expected that coin to go for $330. So, you think that s***7 bid moon money and 0***0 simply ran it up on him? Does s***7 have any recourse should he decide that he really does not want the coin at that level? Could he cancel his bid leaving 0***0 with the winning bid. Do you think the seller will actually be paid as the auction currently stands?

    I ask because, as an infrequent seller, I would at this point in the game have serious concerns about my auction.
    There are two ways to conquer and enslave a nation. One is by the sword. The other is by debt.
    –John Adams, 1826
  • jsfjsf Posts: 1,889
    bidiots?
  • ModernCrapNutModernCrapNut Posts: 2,086 ✭
    Looks like 2 beginners, both with fewer than 10 feedback. If the winner gets buyer's remorse, there's not much to lose just not paying and creating a new ID. Either way, one of them is goingg to take a good loss if he/she completes the transaction.


    image
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    0***0 put in a large bid..likely because he would be away at closing.... and thinking no one would bid that high for the coin. s***i, being a beginner... was looking for the top... well, he found it.. and is now stuck with it. Cheers, RickO

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Format
SpoilerCodeQuote
Heading 2Heading 1
Emoji
:):D:(;):/:o:s:p:'(:|B):#:*<3o:)>:)
Url
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file
Home • U.S. Coin ForumComment As ...