Coin Community Family of Web Sites
Rare coin news, video, and resources.SELECTED Modern WORLD Coins with LOW MintageAustralia's certified coin marketplaceModern Coin WholesaleCoinSniper.com is the numismatic penny auction.Vancouvers #1 Coin and Paper Money Dealer
Search Coin Community
Navigation
Coin Forum Stamp Forum Mints Glossary Numismatic Search Engine Spot Prices Numismatic Articles Coin Community Video Numismatic Event Calendar RSS / Email Subscriptions Coin Consignment Coin Community Apparel Numismatic Toolbar Contact Us
US Coins & Currency
US Coin Facts US Coin History US Commemorative History US Paper Money Facts
Australian Coins
Perth Mint NCLT Mintages Perth Mint Coin Programs Perth Mint Latest Releases
Canadian Coins
Canadian Coin Facts
Be a Site Supporter
Make a Coin Community donation with your PayPal balance or any major credit card!
eBay Coin Shopping
Search 229 CCF Members
eBay Coin Search Engine eBay / CCF Member List eBay / CCF Member Sales Popular Items Error Coins US Cheap Coins US Hot Coins US Most Watched Coins Aussie Cheap Coins Aussie Hot Coins Aussie Most Watched Coins Canadian Cheap Coins Canadian Hot Coins Canadian Most Watched Coins Ancient Cheap Coins Ancient Hot Coins Ancient Most Watched Coins World Cheap Coins World Hot Coins World Most Watched Coins eBay Coins By Type eBay Coins By Year Coin Auction Help
Active Users
There are currently 2540 users on this website.
Stuff for Members
Member Photo Galleries
New CCF Auctions
View All Auctions $12.05 in 90% US silver w/ 2 peace dollars 1887 V Nickel-- Lower Grade (ID: 18876_37) 1887 V Nickel with Full "LIBERTY"--Dark (ID: 18773_37) 1852 Large Cent Franklin and Kennedy Half Dollar Type Set, 1961, 1964, 1970 1909 VDB MS65 RED Indian Head Cents 4 American Silver Eagles All PCGS 70 First Strike June 1983 SILVER Canada Prince & Princess of Wales Medallion Medal Canadian 5 Silver Maples and 1 Slabbed ASE
Coin Community Forum
Username:
 Password:
Save Password
Forgot your Password?

Member CCF Sales Member eBay Sales Active Unanswered Search Tutorials FAQ Rules
Welcome Guest! Need help? Got a question? Inherit some coins?
Our coin forum is completely free! Register Now!
 All Forums
 On Line Coin Auction Discussion Forums
 Auction | eBay, eCrater, Heritage, Paypal, etc.		 Share this topic!
  
 New Topic New Poll New Poll  Topic Locked  Printer Friendly

New Breed of eBay Hucksters
Author Previous Topic Topic Next Topic  
SeatedNut
Pillar Of The Community
United States
2541 Posts
 Posted 06/23/2008  11:39 am Show Profile Check SeatedNut's eBay Listings Bookmark this topic Add SeatedNut to your friends list Get a Link to this Message

In my recent searches for Morgan VAMs I've noticed more and more sellers hocking their wares for exhorbitant prices. I am at work so I can't provide a link, but as an example ... an 1878-S Morgan, in a PCGS64 slab ... nothing remarkable about the coin, with an opening bid of $495 and BIN of $525.

Do these people really think someone will pay that much for a $60~$80 coin? There's another seller who constantly has a 500% mark-up over current value for his coins. These are not single-coin sellers. They have many coins listed and have completed thousands of transactions.

I have seen these types of listings in the past, but they were few and far between. Now I see several on every page. Is this happening elsewhere besides Morgans?

So many coins, so little time ...
GO
Moderator
Coin Community SupporterSupporter!
United States
6561 Posts
 Posted 06/23/2008  11:42 am  Show Profile Bookmark this reply Add GO to your friends list Get a Link to this Reply

Quote:
Is this happening elsewhere besides Morgans?


It's always been there but I do agree that it is getting worse. Some sellers are desperate and all it takes are a few clueless buyers to get suckered into what they think is a great deal for them to make a killer of a profit.

Poor me can't even buy Marshall Island $50 coins anymore near melt like I used to. Everyone starts the bids from between $25-$45
bobby131313
Forum Dad
Coin Community SupporterSupporter!
United States
5172 Posts
 Posted 06/23/2008  11:53 am  Show Profile Check bobby131313's eBay Listings Bookmark this reply Add bobby131313 to your friends list Get a Link to this Reply
Well this is one case where the buyer needs to be educated and the seller can't really be blamed as long as the listing isn't lying about anything.

I once sold some things for an old timer with a little antique shop. There was a lady with a big antique shop a few miles away. I asked George one day, "How does this lady get the prices she does for this stuff?" His answer was very simple and to the point, just like most old-timers answers...



"She asks for it."
Buying? Let's keep it in the family!
Member CCF Auction / Pocket it Now Sales | Member eBay Sales

Try our new eBay Coin Search, more powerful than eBay's!
murty
Pillar Of The Community
United States
860 Posts
 Posted 06/23/2008  12:51 pm  Show Profile Check murty's eBay Listings Bookmark this reply Add murty to your friends list Get a Link to this Reply
Bobby131313 is right on the money.
Do these people really think someone will pay that much for a $60~$80 coin? They will!!
W.C.Fields "There is a sucker born every minute"
  Previous Topic Topic Next Topic  
How can I help support Coin Community?
 New Topic New Poll New Poll  Topic Locked  Printer Friendly

Popular Collector Coins

American Silver Eagle 25th Anniversary Set ASE 25th
Anniv.
Set
America the Beautiful Quarter Nat. Park
5 OZ Silver
Quarters
America the Beautiful Quarter America the
Beautiful
Quarters
Boy Scouts Commemorative Boy
Scouts
Comm.
Lincoln Chronicles Set Disabled
Veterans
Comm.
Lincoln Chronicles Set Lincoln
Silver
Comm.

Lincoln Shield Cent Lincoln
Shield
Cents
Lincoln Chronicles Set Lincoln
Chronicles
Set
American Silver Eagle American
Silver
Eagle
American Gold Eagle American
Gold
Eagle
American Platinum Eagle American
Platinum
Eagle
Gold Buffalo American
Gold
Buffalo

Check out the newest releases from the Perth MintCoinSniper.com is the numismatic penny auction.Check out the newest releases from the Perth MintRare coin news, video, and resources.Huge Variety of Australian Coins
New Forum Topics Recently Active Forum Topics CCF Member eBay Coin Sales
Buying? Check out our member's listing on eBay first. The following links will only contain listings from our members.
All Listings
Ending Soon Newly Listed Lowest Price Highest Price Certified Coins
Categories
US Coins World Coins Australian Coins Canadian Coins Exonumia Bullion
Popular Searches
Morgan Dollars Certified Vams Certified Errors



Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2013 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use
Coin Community Forum © 2005 - 2013 Coin Community Forums Go To Top Of Page
It took 0.22 seconds to rattle this change. Powered By: Snitz Forums 2000 Version 3.4.05