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great southern coins ?

jayPemjayPem Posts: 4,091 ✭✭✭✭✭
As I'm sure everyone here knows, these guys have some great looking coins on ebay and get alot of bids on higher grade raw coins. Solid feedback, good return policy.
It's contrary to my normal practice, buying raw coins over say $100 on ebay....but
Has anybody here bought an "expensive" raw coin from them ? How'd it go ?

Comments

  • highly deceiving pictures imo
  • dohdoh Posts: 6,457 ✭✭✭


    << <i>highly deceiving pictures imo >>


    Yep. Do a search for them on here...they're known for their deceiving pictures and possible use of shills.
    Positive BST transactions with: too many names to list! 36 at last count.
  • DennisHDennisH Posts: 14,040 ✭✭✭✭✭
    I purposely buy only certified coins from them. Do a search of previous threads here and you'll find out why; they been discussed many times.
    When in doubt, don't.
  • mbogomanmbogoman Posts: 5,314 ✭✭✭✭✭
    Only coin I ever bought from them was on it's way back before the day was over. Juiced, deceiving pics to say the least...
  • lkeigwinlkeigwin Posts: 16,895 ✭✭✭✭✭
    Avoid their raw coins, or at least ignore their deceptive photos. They are always enhanced.
    Lance.
  • HighReliefHighRelief Posts: 3,728 ✭✭✭✭✭
    You have to ask yourself, why are these expensive "raw" coins not in a slab?

  • coinnutcoinnut Posts: 1,434 ✭✭✭✭✭
    I bought a raw coin from them several years ago (under $200.00). It was on it's way back to them the same day. It didn't resemble the coin pictured at all. I had no problem getting my refund and they even refunded my shipping but who needs the hassle.
  • CoinyCoiny Posts: 711 ✭✭
    Let's give them the credit they deserve. They are GREAT marketers!

    Outstanding uniformed pictures professionally imaged.
    When you image your coins for sale, don't you want them to look as good as you can without changing the picture?
    They provide very little description on purpose as they stand behind every claim they make about the coin.
    All the coins I purchased looked like the pictures with the same small ticks on the coins I got.

    Case in point;
    They accepted my return even after sending into to PCGS for grading three months later.
    The coin I purchased as a upper MS coin graded AU.

    This was one of many coins I purchased from them. That said, I take them with a grain of salt. I now buy only Southern Coins under $100.
    Several graded out as I expected. None graded better than expected.

    As far a using shills, Although the quantity of bids make them appear that way, this is unproven supposition, which is not fair.
    Not supporting Southern, but they are Great at marketing coins and making a viable business out of it that has quite a large following!

    Just providing another POV.




    Coiny
  • Billet7Billet7 Posts: 4,923 ✭✭✭
    Never purchased from them, mostly because their pics are clearly altered. Most of the coins I see are cleaned as well.
  • joebb21joebb21 Posts: 4,806 ✭✭✭✭✭
    here we go again
    may the fonz be with you...always...
  • dohdoh Posts: 6,457 ✭✭✭


    << <i>As far a using shills, Although the quantity of bids make them appear that way, this is unproven supposition, which is not fair. >>



    Perhaps take a look at this thread about their shills.
    Positive BST transactions with: too many names to list! 36 at last count.
  • kimber45ACPkimber45ACP Posts: 2,399 ✭✭✭
    Never bought from them.
    I did, however, send an e-mail in regards to a coin they had for sale
    that I suspected might have been cleaned. I never got a response, so I
    will never buy from them.
  • BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭
    Coins might be fine if viewed after a large consumption of...

    imageimageimage
    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
  • EagleEyeEagleEye Posts: 7,677 ✭✭✭✭✭
    Obviously, they don't want to have "True" auctions, and need to shill their sales to remain profitable. It is not ethical, in my opinion, because they are not disclosing their methods. It's like a "Country" auction house - they have shills too. You think you are going to get a bargain, but then you get bumped up.

    I think they are using the buyers greed factor as a marketing tool. It is so enticing to think you'll get something cheap. Take away your desire to get something for nothing (or cheaper than normal) and you wouldn't bid there.
    Rick Snow, Eagle Eye Rare Coins, Inc.Check out my new web site:
  • johnny9434johnny9434 Posts: 32,026 ✭✭✭✭✭
    never brought from them
  • koynekwestkoynekwest Posts: 10,048 ✭✭✭✭✭


    << <i>You have to ask yourself, why are these expensive "raw" coins not in a slab? >>



    Precisely.

    And very large majority of their so called Uncirculated coins are in actuality cleaned AU at best. Most of the rest have problems. They are very good at disguising this in their photos. I would (and do) avoid this seller unless I can cherrypick him for a variety.
  • LindeDadLindeDad Posts: 18,766 ✭✭✭✭✭
    One of the few dealers that I have my spam filters set to block.

  • I have not bought any raw coins but the slabed coins I have bought where so much
    nicer when I got them and I was very pleased. I bid what I want to pay and nothing
    more so if I get shilled no problem it will cost them notme.

    Far as I am concerned I will continue to bid on their coins but not raw ones.

    There is another dealer that sells a ton of raw high price coins and once I bought two
    and there was no problem in sending them back. Yea sure ya got to pay the return
    postage but you might get a good deal but I leave that up to the gamblers, I'm a poker player.

  • I can never get past there photos and lack of description.
    I see there stuff daily and never bid on anything they offer.
    Give the laziest man the toughest job and he will find the easiest way to get it done.
  • 09sVDB09sVDB Posts: 2,420 ✭✭✭
    Only bought one certified F15 Morgan. I was graded as described. Would not buy raw.
  • coolestcoolest Posts: 2,281 ✭✭✭
    I wonder how they find so many sliders?
  • ambro51ambro51 Posts: 14,336 ✭✭✭✭✭
    I bought a raw 1861 gold dollar from them soon after I became interested in the series. It was graded by them simply as UNC.

    I submitted it to pcgs and it graded AU55.

    So, my experience with them is satisfactory.
  • Anyone link to their items for sale? I can't seem to find a proper to way to search for them.


  • << <i>As I'm sure everyone here knows, these guys have some great looking coins on ebay and get alot of bids on higher grade raw coins. Solid feedback, good return policy.
    It's contrary to my normal practice, buying raw coins over say $100 on ebay....but
    Has anybody here bought an "expensive" raw coin from them ? How'd it go ? >>



    They put about 30 IHC on ebay about 7 or 8 years ago. All were RED! I placed starter bids on all of them and had each one in a separate window as they were closing
    about 2 or 3 minutes apart. I won't say their grades were all accurate but they WERE red. I was all ready to do battle for them but didn't have to.
    NOBODY was bidding against me. I won them all for my starter bids (their opening bids) even though I had placed higher bids on them.
    The same thing happened a week later for the rest of the dates with the same results. I think this was during vacation time.
    I now have a set of full red IHC collection for about a tenth of PCGS prices!! You just can't beat that. Fortunately, there was no reserve on any of them.
    I still think this was the greatest thing since fried mushrooms.

    I don't know if that says anything good or bad about GSC but they made my year.

    JT
    It is health that is real wealth, not pieces of gold and silver. Gandhi.

    I collect all 20th century series except gold including those series that ended there.
  • EagleEyeEagleEye Posts: 7,677 ✭✭✭✭✭
    Maybe they take consignments too. Those are probably not shilled.
    Rick Snow, Eagle Eye Rare Coins, Inc.Check out my new web site:
  • RYKRYK Posts: 35,800 ✭✭✭✭✭
    There's been about a gazillion threads about them, and I cannot remember anyone saying anything particularly nice.
  • keyman64keyman64 Posts: 15,650 ✭✭✭✭✭
    Based on what I have read here on the forums...don't buy raw from them. I understand they are good with returns but if you buy raw, pay ms65 money, get the coin, maybe are not too knowledgeable then send the coin to PCGS and it comes back as a 62 or 63 you will be pissssed...then too much time will have passed and it will not be in the original gsc packaging and you will not be able to return it. Lots of risk.

    I have bought one pcgs slabbed coin from them and was very pleased with the transaction....and I would be willing to do this over and over again.
    "If it's not fun, it's not worth it." - KeyMan64
    Not really looking for much these days but if I were, it might be a toner. :smile:
  • keyman64keyman64 Posts: 15,650 ✭✭✭✭✭
    In regards to the shills...it did not happen to me. Pcgs retail on a coin I bought was $160 - 1944-D MS67FB - this coin always sells between $120 and $140 on eBay by all sellers. I got mine for $96!!!! Huge Win. No shilling took place with my transaction.
    "If it's not fun, it's not worth it." - KeyMan64
    Not really looking for much these days but if I were, it might be a toner. :smile:
  • TwoSides2aCoinTwoSides2aCoin Posts: 45,001 ✭✭✭✭✭


    << <i>There's been about a gazillion threads about them, and I cannot remember anyone saying anything particularly nice. >>



    How about the "best juiced photos online" ?
  • WoodenJeffersonWoodenJefferson Posts: 6,491 ✭✭✭✭
    imageimage
    Chat Board Lingo

    "Keep your malarkey filter in good operating order" -Walter Breen
  • Hey!, that second orange is a keeper! Nice score!
    "Wars are really ugly! They're dirty
    and they're cold.
    I don't want nobody to shoot me in the foxhole."
    Mary






    Best Franklin Website
  • crazyhounddogcrazyhounddog Posts: 14,207 ✭✭✭✭✭
    DON'T DO IT!!!!!!
    The bitterness of "Poor Quality" is remembered long after the sweetness of low price is forgotten.
  • jayPemjayPem Posts: 4,091 ✭✭✭✭✭
    Thanks, the coin I was considering has edged past the AU price I might of paid, not quite ready to bite on the NEAR GEM BU ++/ GEM BU claim.
    My original thought was been repeated here...if these coins are so spectacular, then why aren't they in slabs already....?
    Sorry to reopen old wounds, maybe I'll try out the search feature next time.
  • Run away, Fast!!!!
  • determineddetermined Posts: 771 ✭✭✭


    << <i>Let's give them the credit they deserve. They are GREAT marketers!

    Outstanding uniformed pictures professionally imaged. >>



    There's a reason their coins have a "uniform" look. They apply the same "hide the flaws" glare technique to every coin. Why do you think their surfaces all have the same look? Now if you look at the coins from a reputable seller they all look different.




    << <i>When you image your coins for sale, don't you want them to look as good as you can without changing the picture? >>



    Yes! But they do "change the picture". They intentionally hide flaws. And the only reason they have a good Return Policy is not because they're an honest caring seller, but it is to prevent the inevitable negative feedback. That is how even unscrupulous sellers retain a good feedback rating.


    jayPem I'm glad you got the true picture of this seller before you spent your money.
    I collect history in the form of coins.
  • CoinyCoiny Posts: 711 ✭✭
    You know, boards like this where we can all express our POV is what makes America so great!
    Think about it.

    Unless a company like SC (who has both detractors and advocates) violates the US or EB law,
    you have the ability to buy or not buy from them.

    Many EB consumers purchase their coins from SC everyday and are satisfied.
    Many CU members have negative experiences and some positive.

    Although I have not seen examples like the clever Oranges pictures from SC, I will now will watch them closer as a result of this forum.
    Thanks to all for sharing.

    Coiny
  • sbeverlysbeverly Posts: 964 ✭✭✭
    I was considering bidding on a Commem once. It looked very nice in the photo, and I wondered why it wasn't in plastic.

    I went to some of their other autions and saw that every one of their raw coins had the same overall look.
    I reasoned that the odds of that happening were close to 0.

    I passed...

    Positive transactions with Cladiator, Meltdown, ajbauman, LeeG, route66,DennisH,Hmann,FilamCoins,mgoodm3,terburn88,MrOrganic, weg,dcarr,guitarwes,Zubie,Barndog,wondercoin,braddick,etc...
  • jayPemjayPem Posts: 4,091 ✭✭✭✭✭
    Now if only the buyer who pulled the trigger on that 1837 half (near gem bu+++/gem bu)...($4000/$16,000+/-)...(sold for about $1000), last night would come forward and post some pictures of their own, along with some grading results, we can put this tired post to bed.
    image
  • TwoSides2aCoinTwoSides2aCoin Posts: 45,001 ✭✭✭✭✭
    A dealer doesn't always have "perfect" coins. But in reality, when you're lookin' for a coin, this particular one seems to have an abundance. I see no reason to write off this seller, completely. As a dealer, I need other dealers. So whatsa guy gonna do ? He puts his feelers out and "buys the coin" for his customer. Sometimes he has to pay up. But personally, I do not buy the picture, the story, the b.s., and we cannot grade the coin until it's in hand. (and most of us can't do it consistently). My point is this : Who needs a chat board to protect us from ourselves ?

    Let your protection from eBay give assurance enough that if the coin doesn't meet your criteria, you can be made whole. Each to their own. I'd do a lot better if I just sent Great Southern Coins my stuff to sell, and they would, too.


    The buyer bears some responsibility. Caveat Emptor. I'll just leave it at that.

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