Am I going to hell for only paying $280 for this?
FEC
Posts: 592
A lady calls and says she has a 1986 Gold Eagle to sell and asks what we pay. I told her $280 if its in good condition. She said it was "Still in its holder".
Here is what she brought in. I think I am gonna sell it on ebay and split whatever over $280 it brings. It may be bad business, but I bet she will bring me all her future business.
Here is what she brought in. I think I am gonna sell it on ebay and split whatever over $280 it brings. It may be bad business, but I bet she will bring me all her future business.
0
Comments
<< <i>I told her $280 if its in good cond >>
So since you offered 280 in good condition and when she brought it in it was far beyond that why did you not pay her the going price then and there for the slabbed coin?
I assume you're a retail establishment and you only gave her $280?
Why wouldn't you pay more?
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<< <i>
<< <i>I told her $280 if its in good cond >>
So since you offered 280 in good condition and when she brought it in it was far beyond that why did you not pay her the going price then and there for the slabbed coin? >>
I figured it was worth a small premium being a 70, I am allowed to make a profit. but didnt realize until afterwards it was a HUGE premium. So now I feel bad.
<< <i>You're likely going anyway, this is just one more nail! >>
I case you get lost...
In honor of the memory of Cpl. Michael E. Thompson
I have seen far too many people completely fleeced by Coin Shop's when selling their gold -
<< <i>I realize the PCGS price guide lists this at $1,500 in PCGS MS70, but what is the true value of this? It is an NGC MS70, not a PCGS MS70, and the market appears to make quite a distinction between services at this grade level. The last two NGC MS70 pieces to sell via Heritage sold in late 2006 for $207 and $345 (average $276) when gold was trading at $625 or thereabouts. So, is this a $400 coin? Is it a $700 coin? >>
you make an excellent point. not enough information to decide if
we should crucify the OP or not
but in my world.. where i think slabbed modern gold is a bunch of
bull... i would pay melt with a slight premium. 69 or 70? who cares...
they are all the same to me.
Authorized dealer for PCGS, PCGS Currency, NGC, NCS, PMG, CAC. Member of the PNG, ANA. Member dealer of CoinPlex and CCE/FACTS as "CH5"
You should be ashamed of yourself.
eBay completed listings for NGC MS70 1/4oz GAE are as low as $350 recently.
Don't know if the 1986 is worth much more but that coin's not worth over $400 to me.
I don't know, but sell the coin before you get there. My understanding is that there's an ample supply of moderns in hell. In fact, the only coins they have there are moderns.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
"Keep your malarkey filter in good operating order" -Walter Breen
15 months ago
you probably will go to h@ll for implying that ANACS
doesn't know a proof trade dollar even when the submitter told them it was
<< <i>I wouldn't pay much more and I think I'm a strong buyer of moderns. NGC 70s sell for not much more than raw. That is a brand new NGC slab too BTW so it isn't like it's been in the family long. Are you sure it isn't hot? --Jerry >>
Well she doesnt look like a person who would steal it, but you never know. Per state law we record ID's of all customers who sell us anything and turn it in to the state.
<< <i>
<< <i>I wouldn't pay much more and I think I'm a strong buyer of moderns. NGC 70s sell for not much more than raw. That is a brand new NGC slab too BTW so it isn't like it's been in the family long. Are you sure it isn't hot? --Jerry >>
Well she doesnt look like a person who would steal it, but you never know. Per state law we record ID's of all customers who sell us anything and turn it in to the state. >>
So you've got it under control. Just kindo strange to have a newly graded coin and not know what you have. --Jerry
HE>I
<< <i>wonder where she got it since its in a new ngc holder. And she was unaware of what type of "holder" its in..... >>
Maybe hot ???
Or :
<< <i>
<< <i>wonder where she got it since its in a new ngc holder. And she was unaware of what type of "holder" its in..... >>
Maybe hot ??? >>
Sometimes various clubs chance this stuff off. My Mom won a roll of 1964 Kennedy halves at the VFW that her and my Dad belonged to. She also won Morgan, and Peace dollars from time to time.
<< <i>
<< <i>wonder where she got it since its in a new ngc holder. And she was unaware of what type of "holder" its in..... >>
Maybe hot ??? >>
probably hot, I'd contact local police and see if it's on their list of stolen goods before I put it on ebay. Hate to see you posting from the pokey.
"How many times can a man turn his head and pretend he just doesn’t see?” - Bob Dylan
<< <i>A lady calls and says she has a 1986 Gold Eagle to sell and asks what we pay. I told her $280 if its in good condition. She said it was "Still in its holder".
Here is what she brought in. I think I am gonna sell it on ebay and split whatever over $280 it brings. It may be bad business, but I bet she will bring me all her future business.
>>
Scummy
I would hope that if it were me, I would have been exited for them and told them they have something special and that I would be more than happy to help them sell it. It ALWAYS feels better to give than receive.
<< <i>Some people expect to be treated fairly and put a lot of faith in those they seek for help. >>
... at least by reputable dealers.
1/2 Cents
U.S. Revenue Stamps
<< <i>
<< <i>Some people expect to be treated fairly and put a lot of faith in those they seek for help. >>
... at least by reputable dealers. >>
fletcher... you may want to read the posts before posting yourself
because there was nothing scummy about the deal.
No, not really. NGC-70 on a 1986 1/4 ozer? Not a big deal. Not a rarity and essentially the same grade as a PCGS MS-69.
This is one deal that I don't begrudge the dealer.
I knew it would happen.
Odd comment. Typical, I suppose if you can't stand the fact that people actually collect Modern Bullion.
Just think of "all that money" that isn't going into "classic coins".
Alienate more of us, feel free.
I knew it would happen.
<< <i>Scummy
No, not really. NGC-70 on a 1986 1/4 ozer? Not a big deal. Not a rarity and essentially the same grade as a PCGS MS-69.
This is one deal that I don't begrudge the dealer. >>
I agree. To me, an NGC-70 is not worth much north of raw.