<< <i>I cant believe the responses here. IMO the auction was clearly set up to lure buyers who did not read the description. Surely none of you believe that FMV of the box is $500 - $650!!! While I am certainly in the minority of the responses here, I certainly believe that I am in the MORAL majority who would believe this auction was misleading and unfair. I know that none of the responders here and the members of this Board would post an auction like this. I mean no offense to any other opinions. While technically reading the auction completely might lead to a conclusion that in its entirety the auction was fair, I simply do not believe that should be the test of the fairness of the auction. I think the intent and the effect are important as well. >>
In the auction title is "Box" in the sub title "Empty Box". I really do not see the "Lure".
READ MY POST ABOVE...if these coins are eligible to be placed in an IRA (which I believe is true), then I can absolutely understand someone paying $650 for the OGP. It's worth that much to some people.
Picture this, someone bought this coin in a PCGS 68 slab for a great price (probably with BING cashback!). Now they want it in their IRA. Must. Have. Government Package.
I'm not saying I'd every pay that much for it, but it's not out of the question.
<< <i>READ MY POST ABOVE...if these coins are eligible to be placed in an IRA (which I believe is true), then I can absolutely understand someone paying $650 for the OGP. It's worth that much to some people.
Picture this, someone bought this coin in a PCGS 68 slab for a great price (probably with BING cashback!). Now they want it in their IRA. Must. Have. Government Package.
I'm not saying I'd every pay that much for it, but it's not out of the question. >>
I don't believe the IRA bullion vaults want all that mint packaging taking up space. An individual cannot submit coins for his IRA, they have to be purchased through and submitted by an authorized dealer that participates in supplying IRA bullion to the IRA custodian.
"A car is a tool that takes you from one place to another. Everything beyond that is a payment for other people's perception of you."
I do not believe the original packaging is a requirement for putting it in an IRA.
New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.
Sorry, but I don't see the problem. While the title might not be perfectly clear, the description certainly is; at least to me. -Preussen
WELCOME TO THIS VERY RARE ITEM.....THIS IS A EMPTY BOX NO COIN!!! NO COIN, THIS IS A EMPTY BOX!!! 2008W $50 UNC BOX, COA, JUST AS YOU SEE IN THE PHOTOS! IF YOU ARE ONE OF THE SMART ONES THAT PURCHASED THE 08 W $50 GOLD BUFFALOS FOR A HUGE INVESTMENT!!!!!! GRADED AND DON'T HAVE THE ORIGINAL PACKAGING, THIS IS MAYBE WHAT YOU WANT. TIME IS RUNNING OUT, THEY ONLY DID JUST OVER 3K SINGLE 1 OUNCE 08 W BUFFALOS. THIS BOX IS 100% CLEAN, NONE SMOKING HOME, ALWAYS SEALED IN PLASTIC, !!!!! USA SALES ONLY!!!!! AGAIN THIS IS A EMPTY BOX WITH NO COIN. THE PHOTOS YOU SEE IS THE ITEM YOU GET.
"Illegitimis non carborundum" -General Joseph Stilwell. See my auctions
<< <i>Well advised is the man who chooses his battles with wisdom. Windmill tilting is so Don Quixote >>
Good advice.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Check out how Judge Judy views a similar listing on ebay.
Similar? Are you kidding? Those two auctions have absolutely nothing in common, as already pointed out. It's ridiculous to even compare the two.
I'd be willing to bet that the buyer of this box knows exactly what he/she is getting, and it is also rather presumptuous to assume otherwise with no evidence.
Lots of people think paying thousands of dollars more for an MS-66 over an MS-65 coin is absurd. And though I personally believe that paying $600 for an empty box and Mint packaging is crazy, who are we to tell someone otherwise if said person is willing to pay that price.
Again, the seller clearly and REPEATEDLY in BOLD CAPS stated that the box is EMPTY. There was no deception here at all on his part.
Edit: spelling
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
After looking at the auction I see NO WAY anyone that can read could not understand what they were buying, over and over it is described as an empty box. we all must be atleast a little bit responsible for our decisions. AL
The subtitle states "EMPTY BOX". The auction picture shows EMPTY Mint packaging - no coin in the photos whatsoever. The "Item Specifics" section says it 3 times: "BOX ONLY", "NO COIN", and "EMPTY BOX". The description repeats "EMPTY BOX" and "NO COIN" in 3 different sentences.
The only thing the seller could have done better in this case, would have been to write a better title. E.g., instead of writing "2008 W $50 Gold Buffalo/2008 W $50 UNC Gold Buffalo/BOX" he should have written something like "2008 W $50 Gold Buffalo/2008 W $50 UNC (EMPTY BOX ONLY)". This way, he could use the same number of characters, without sacrificing any keywords. His repetition of the phrase "Gold Buffalo" was superfluous, so negating the second instance wouldn't have had any adverse affect on keyword searches.
Instead of filing a complaint with eBay, perhaps a more civil approach would have been simply to contact this seller directly, and offer him some friendly advice on how to make better use of eBay's maximum allowance of 55 characters per title.
I cannot imagine paying that kind of money for $10 worth of packaging so close to the issue date. I don't think the auction is misleading at all - the buyer will get exactly what was described.
One can still hope that the sellers shill ended up winning the empty box.......
“In matters of style, swim with the current; in matters of principle, stand like a rock." - Thomas Jefferson
<< <i>I cant believe the responses here. IMO the auction was clearly set up to lure buyers who did not read the description. Surely none of you believe that FMV of the box is $500 - $650!!! While I am certainly in the minority of the responses here, I certainly believe that I am in the MORAL majority who would believe this auction was misleading and unfair. I know that none of the responders here and the members of this Board would post an auction like this. I mean no offense to any other opinions. While technically reading the auction completely might lead to a conclusion that in its entirety the auction was fair, I simply do not believe that should be the test of the fairness of the auction. I think the intent and the effect are important as well. >>
The people here should be ashamed of themselves. Advertising that is a "gotcha" where if you didn't read it carefully, you only get a box rather than the item in the box is clearly misleading. Ebay does not allow the sale of empty boxes for modern items for the very reason that these would encourage a trade in filling them with counterfeit product and selling it into the marketplace as genuine.
This should seem so immediately obvious here with the problems of fake "sealed" proof sets and "original" mint sets using reused or reproduction boxes and envelopes.
Frank Provasek - PCGS Authorized Dealer, Life Member ANA, Member TNA. www.frankcoins.com
<< <i>I cant believe the responses here. IMO the auction was clearly set up to lure buyers who did not read the description. Surely none of you believe that FMV of the box is $500 - $650!!! While I am certainly in the minority of the responses here, I certainly believe that I am in the MORAL majority who would believe this auction was misleading and unfair. I know that none of the responders here and the members of this Board would post an auction like this. I mean no offense to any other opinions. While technically reading the auction completely might lead to a conclusion that in its entirety the auction was fair, I simply do not believe that should be the test of the fairness of the auction. I think the intent and the effect are important as well. >>
The people here should be ashamed of themselves. Advertising that is a "gotcha" where if you didn't read it carefully, you only get a box rather than the item in the box is clearly misleading. Ebay does not allow the sale of empty boxes for modern items for the very reason that these would encourage a trade in filling them with counterfeit product and selling it into the marketplace as genuine.
This should seem so immediately obvious here with the problems of fake "sealed" proof sets and "original" mint sets using reused or reproduction boxes and envelopes. >>
I see at least three more of these for sale on ebay at a similar price point. Here's another that sold for $499.
Perhaps you should get out of old DVDs and into Mint boxes, where the real money is.
Frank...IMO....you are wrong...just recently the Lincoln Set sold for good money on E-bay.Why...??..Because of the packaging..!!! If some one is willing to spend big bucks more than some one else to out-bid others just to get the package ...why is that wrong....?!?!!?
Frank, just out of curiosity, where you the buyer and did you think you were getting a 1 ounce coin for $650. Or, are you just upset on behalf of a buyer who more than likely read the description and is happy with his purchase.
"A car is a tool that takes you from one place to another. Everything beyond that is a payment for other people's perception of you."
Seller says "Empty Box" or "No Coin" 7 times. While I agree the title should state such, the buyers need to take some responsibility for this.
I used to be somebody, now I'm just a coin collector. Recipient of the coveted "You Suck" award, April 2009 for cherrypicking a 1833 CBHD LM-5, and April 2022 for a 1835 LM-12, and again in Aug 2012 for picking off a 1952 FS-902.
Is it only the 1 oz. packaging that commands a high price at this time? Just askin'
After reading the auction and the subsequent posts, the only issue I might have here is that auctions for boxes in this category are annoying but not misleading.
Q: Are You Printing Money? Bernanke: Not Literally
<< <i>Is it only the 1 oz. packaging that commands a high price at this time? Just askin'
After reading the auction and the subsequent posts, the only issue I might have here is that auctions for boxes in this category are annoying but not misleading. >>
Comments
<< <i>I cant believe the responses here. IMO the auction was clearly set up to lure buyers who did not read the description. Surely none of you believe that FMV of the box is $500 - $650!!! While I am certainly in the minority of the responses here, I certainly believe that I am in the MORAL majority who would believe this auction was misleading and unfair. I know that none of the responders here and the members of this Board would post an auction like this. I mean no offense to any other opinions. While technically reading the auction completely might lead to a conclusion that in its entirety the auction was fair, I simply do not believe that should be the test of the fairness of the auction. I think the intent and the effect are important as well. >>
In the auction title is "Box" in the sub title "Empty Box". I really do not see the "Lure".
then I can absolutely understand someone paying $650 for the OGP. It's worth that much to some people.
Picture this, someone bought this coin in a PCGS 68 slab for a great price (probably with BING cashback!).
Now they want it in their IRA. Must. Have. Government Package.
I'm not saying I'd every pay that much for it, but it's not out of the question.
commoncents123, JrGMan2004, Coll3ctor (2), Dabigkahuna, BAJJERFAN, Boom, GRANDAM, newsman, cohodk, kklambo, seateddime, ajia, mirabela, Weather11am, keepdachange, gsa1fan, cone10
-------------------------
<< <i>READ MY POST ABOVE...if these coins are eligible to be placed in an IRA (which I believe is true),
then I can absolutely understand someone paying $650 for the OGP. It's worth that much to some people.
Picture this, someone bought this coin in a PCGS 68 slab for a great price (probably with BING cashback!).
Now they want it in their IRA. Must. Have. Government Package.
I'm not saying I'd every pay that much for it, but it's not out of the question. >>
I don't believe the IRA bullion vaults want all that mint packaging taking up space. An individual cannot submit coins for his IRA, they have to be purchased through and submitted by an authorized dealer that participates in supplying IRA bullion to the IRA custodian.
"A car is a tool that takes you from one place to another. Everything beyond that is a payment for other people's perception of you."
New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.
WELCOME TO THIS VERY RARE ITEM.....THIS IS A EMPTY BOX NO COIN!!! NO COIN, THIS IS A EMPTY BOX!!! 2008W $50 UNC BOX, COA, JUST AS YOU SEE IN THE PHOTOS! IF YOU ARE ONE OF THE SMART ONES THAT PURCHASED THE 08 W $50 GOLD BUFFALOS FOR A HUGE INVESTMENT!!!!!! GRADED AND DON'T HAVE THE ORIGINAL PACKAGING, THIS IS MAYBE WHAT YOU WANT. TIME IS RUNNING OUT, THEY ONLY DID JUST OVER 3K SINGLE 1 OUNCE 08 W BUFFALOS. THIS BOX IS 100% CLEAN, NONE SMOKING HOME, ALWAYS SEALED IN PLASTIC, !!!!! USA SALES ONLY!!!!! AGAIN THIS IS A EMPTY BOX WITH NO COIN. THE PHOTOS YOU SEE IS THE ITEM YOU GET.
1/2 Cents
U.S. Revenue Stamps
<< <i>I don't how it could be any clearer. Although I would be interested to see the buyer's reaction when he opens the package. >>
Given that in all likelihood, he knew exactly what he was purchasing when he bid, probably a smile.
1/2 Cents
U.S. Revenue Stamps
Check out my current listings: https://ebay.com/sch/khunt/m.html?_ipg=200&_sop=12&_rdc=1
<< <i>Well advised is the man who chooses his battles with wisdom. Windmill tilting is so Don Quixote >>
Good advice.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
OGP is worth strong money these days. Maybe not $650 to me but it certainly could be to somebody else and apparently was.
The believe the buyer knew what they were getting. If they didn't, then they didn't look at an auction they bid on.
Similar? Are you kidding? Those two auctions have absolutely nothing in common, as already pointed out. It's ridiculous to even compare the two.
I'd be willing to bet that the buyer of this box knows exactly what he/she is getting, and it is also rather presumptuous to assume otherwise with no evidence.
Lots of people think paying thousands of dollars more for an MS-66 over an MS-65 coin is absurd. And though I personally believe that paying $600 for an empty box and Mint packaging is crazy, who are we to tell someone otherwise if said person is willing to pay that price.
Again, the seller clearly and REPEATEDLY in BOLD CAPS stated that the box is EMPTY. There was no deception here at all on his part.
Edit: spelling
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
<< <i>There is no prohibition on selling boxes. >>
Now I know how to make my fortune.
60 years into this hobby and I'm still working on my Lincoln set!
Many members on this forum that now it cannot fit in my signature. Please ask for entire list.
AL
The subtitle states "EMPTY BOX".
The auction picture shows EMPTY Mint packaging - no coin in the photos whatsoever.
The "Item Specifics" section says it 3 times: "BOX ONLY", "NO COIN", and "EMPTY BOX".
The description repeats "EMPTY BOX" and "NO COIN" in 3 different sentences.
The only thing the seller could have done better in this case, would have been to write a better title. E.g., instead of writing "2008 W $50 Gold Buffalo/2008 W $50 UNC Gold Buffalo/BOX" he should have written something like "2008 W $50 Gold Buffalo/2008 W $50 UNC (EMPTY BOX ONLY)". This way, he could use the same number of characters, without sacrificing any keywords. His repetition of the phrase "Gold Buffalo" was superfluous, so negating the second instance wouldn't have had any adverse affect on keyword searches.
Instead of filing a complaint with eBay, perhaps a more civil approach would have been simply to contact this seller directly, and offer him some friendly advice on how to make better use of eBay's maximum allowance of 55 characters per title.
<< <i>I think listing replica and copy coins in the same area as the real coins is much worse than this, at least the person here got a real box.
I could not agree with you more on that one.
(And I disagree with Frank's opinion on the auction being misleading.)
One can still hope that the sellers shill ended up winning the empty box.......
“In matters of style, swim with the current; in matters of principle, stand like a rock." - Thomas Jefferson
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<< <i>I cant believe the responses here. IMO the auction was clearly set up to lure buyers who did not read the description. Surely none of you believe that FMV of the box is $500 - $650!!! While I am certainly in the minority of the responses here, I certainly believe that I am in the MORAL majority who would believe this auction was misleading and unfair. I know that none of the responders here and the members of this Board would post an auction like this. I mean no offense to any other opinions. While technically reading the auction completely might lead to a conclusion that in its entirety the auction was fair, I simply do not believe that should be the test of the fairness of the auction. I think the intent and the effect are important as well. >>
The people here should be ashamed of themselves. Advertising that is a "gotcha" where if you didn't read it carefully, you only get a box rather than the item in the box is clearly misleading. Ebay does not allow the sale of empty boxes for modern items for the very reason that these would encourage a trade in filling them with counterfeit product and selling it into the marketplace as genuine.
This should seem so immediately obvious here with the problems of fake "sealed" proof sets and "original" mint sets using reused or reproduction boxes and envelopes.
<< <i>
<< <i>I cant believe the responses here. IMO the auction was clearly set up to lure buyers who did not read the description. Surely none of you believe that FMV of the box is $500 - $650!!! While I am certainly in the minority of the responses here, I certainly believe that I am in the MORAL majority who would believe this auction was misleading and unfair. I know that none of the responders here and the members of this Board would post an auction like this. I mean no offense to any other opinions. While technically reading the auction completely might lead to a conclusion that in its entirety the auction was fair, I simply do not believe that should be the test of the fairness of the auction. I think the intent and the effect are important as well. >>
The people here should be ashamed of themselves. Advertising that is a "gotcha" where if you didn't read it carefully, you only get a box rather than the item in the box is clearly misleading. Ebay does not allow the sale of empty boxes for modern items for the very reason that these would encourage a trade in filling them with counterfeit product and selling it into the marketplace as genuine.
This should seem so immediately obvious here with the problems of fake "sealed" proof sets and "original" mint sets using reused or reproduction boxes and envelopes. >>
I see at least three more of these for sale on ebay at a similar price point. Here's another that sold for $499.
Perhaps you should get out of old DVDs and into Mint boxes, where the real money is.
If some one is willing to spend big bucks more than some one else to out-bid others just to get the package ...why is that wrong....?!?!!?
The buyers are happy, but Frank is not.
Edit: Look at the questions. There is a lot of interest in these boxes!
"A car is a tool that takes you from one place to another. Everything beyond that is a payment for other people's perception of you."
Recipient of the coveted "You Suck" award, April 2009 for cherrypicking a 1833 CBHD LM-5, and April 2022 for a 1835 LM-12, and again in Aug 2012 for picking off a 1952 FS-902.
After reading the auction and the subsequent posts, the only issue I might have here is that auctions for boxes in this category are annoying but not misleading.
I knew it would happen.
<< <i>Is it only the 1 oz. packaging that commands a high price at this time? Just askin'
After reading the auction and the subsequent posts, the only issue I might have here is that auctions for boxes in this category are annoying but not misleading. >>
ebay "gold coin no box" sold
"A car is a tool that takes you from one place to another. Everything beyond that is a payment for other people's perception of you."