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Wow, do the math on this one.

PostPosted: Sun Aug 28, 2011 10:48 am
by JerrySpringer
By my calculations, you can piecemeal buy these coins for about $25:

http://www.ebay.com/itm/COLLECTION-OLD- ... 483af54261

Re: Wow, do the math on this one.

PostPosted: Sun Aug 28, 2011 11:40 am
by NDFarmer
You are going to pay $44.50 for about $20.00 worth of common date coins.

Re: Wow, do the math on this one.

PostPosted: Sun Aug 28, 2011 11:57 am
by slickeast
The seller has sold 141 of these "Deals"

I just realized that the seller lives about 25 miles from me.

Re: Wow, do the math on this one.

PostPosted: Sun Aug 28, 2011 1:16 pm
by JerrySpringer
NDFarmer wrote:You are going to pay $44.50 for about $20.00 worth of common date coins.


I can only point out these auctions. I am holding back saying how much craftiness I think some sellers can go to. The net result is I think you can sell common-date coins rather easily if you have a good story to tell.

Re: Wow, do the math on this one.

PostPosted: Sun Aug 28, 2011 2:47 pm
by NDFarmer
Yes that has always been the case on feebay the better story you can come up with the higher your stuff sells for. What I don't understand is after the buyer gets the items and they find out they have been taken they very seldom leave negative feedback. If more people would leave negative feedback you wouldn't see so much of this story telling going on.

Re: Wow, do the math on this one.

PostPosted: Sun Aug 28, 2011 9:36 pm
by warthog
While I agree with your sentiment - I guess I don't know that the buyers all really feel like they've been taken. Sure any one of *us could assemble this set for around $20, I can promise you that if I sent my mom who knows nothing of this hobby with the instructions to assemble something similar, she would end up going to a LCD and paying that much (or more) buying coins at retail dealer prices. This guy isn't marketing to real collectors who know down to the penny exactly what things are valued at, he's selling circulated coins to casual buyers maybe trying to fill some holes in a Whitman folder. Also, considering what you see some people trying to pull... he may be fleecing a few sheep, but he's not exactly skinning them.

I don't mean to sound like I'm defending this guys business practices here.. I'm not... just saying to a certain kind of buyer this might seem like a good deal.