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Online Coin Shopping

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Bedrock of the Community
United States
20753 Posts
 Posted 07/04/2018  09:01 am  Show Profile   Bookmark this reply Add just carl to your friends list


Not sure about a place with no address shown.
As to Littleton. Way to many complaints about that place with sending you stuff whether you like it or not. And way over priced.
I hate ebay. Always hear about great deals but people just don't talk about all the failures on that site. And there are lots of those. As to on line coin dealers I just never really found a great one. I like coin shows where you can see the real coin your buying.
Valued Member
United States
50 Posts
 Posted 07/04/2018  10:00 am  Show Profile   Bookmark this reply Add Krazy Kermit to your friends list
Thanks just carl!

That is the trouble I am hearing is its very hard to trust someone online. You definitely have to be careful!
Bedrock of the Community
United States
10284 Posts
 Posted 07/04/2018  10:57 am  Show Profile   Bookmark this reply Add TNG to your friends list
Experience will teach you the red flags of online shopping. So it is best to start out with inexpensive items at first. The crooks usually are crooked with the more expensive stuff anyway.
This CCF site is excellent for questions on fakes too. If something sounds too good to be true, it probably is.
But not always You can get lucky.
As far as trust goes, people have to earn my trust or at least have a good reputation of being trustworthy.
I might loan my bicycle to somebody before I'd loan them my car.
Bedrock of the Community
United States
10284 Posts
 Posted 07/04/2018  11:01 am  Show Profile   Bookmark this reply Add TNG to your friends list
According to this, If Littleton sends you stuff on approval and you did not agree to have such sent, you don't have to pay for it. You don't have to return it, but they may threaten you with collections.
They are breaking the law. You may need to contact your credit card company if you get such threats to keep your credit rating from being harmed.
https://www.consumer.ftc.gov/articl...-merchandise
Edited by TNG
07/04/2018 11:04 am
Bedrock of the Community
13014 Posts
 Posted 07/04/2018  12:21 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list

Quote:
I hate ebay. Always hear about great deals but people just don't talk about all the failures on that site. And there are lots of those.


Its a small percentage of transactions. It's no different than dealers that rip people off in a local store or at a coin show, the only difference is other people can see it on ebay and on ebay the buyer can return the items. In a store or coin show once they're ripped off or scammed they have no recourse.

No venue is safer for a buyer to purchase from than ebay is with it's overly protective policies in favor of buyers
Bedrock of the Community
United States
17884 Posts
 Posted 07/04/2018  12:56 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list

Quote:
According to this, If Littleton sends you stuff on approval and you did not agree to have such sent, you don't have to pay for it. You don't have to return it, but they may threaten you with collections.
They are breaking the law. You may need to contact your credit card company if you get such threats to keep your credit rating from being harmed.
https://www.consumer.ftc.gov/articl...-merchandise

But if you answer an ad or offer from Littleton you will find somewhere in the small print in the ad thatthey will send you approvals. By answering the ad you agree to receiving the approval service. Of course they have to allow you to stop at any time by requesting the approvals stop. Best to do that via a letter that has to be signed for, otherwise they can claiM they didn't receive it. Once they receive the letter any further approvals sent may be considered a "gift" (except for any shipment that may have been in the mail before they received you letter. Since they usually won't send one shipment until the previous one is returned or paid for include the letter in the return/payment for the previous one and get that signature.)
Pillar of the Community
United States
1901 Posts
 Posted 07/04/2018  1:33 pm  Show Profile   Bookmark this reply Add Mrzllewellyn to your friends list
When you hit 50 posts send me a pm I might have a few Bu coins I can start you out with
Valued Member
United States
50 Posts
 Posted 07/04/2018  2:27 pm  Show Profile   Bookmark this reply Add Krazy Kermit to your friends list
Thanks TNG & Conder101!

If I decide to try Littleton I will keep my eye out. My father collected through them a long time ago before he passed and never had issues from what my mother remembers.
Valued Member
United States
50 Posts
 Posted 07/04/2018  2:28 pm  Show Profile   Bookmark this reply Add Krazy Kermit to your friends list
I kind of agree with basebal21. I feel though every way has its pros and cons and may tend to be coin buyer specific. But all good advice to keep in mind.
Valued Member
United States
50 Posts
 Posted 07/04/2018  2:30 pm  Show Profile   Bookmark this reply Add Krazy Kermit to your friends list
WOW!! Thanks so much Mrzllewellyn! I will definitely do that, one thing I heard though is that 50 posts is not necessarily 50 posts in the eyes of the admin. Because things like Thanks or something doesn't count, I read somewhere so I am not sure when I will officially hit 50 posts to not cause trouble. Anyone have thoughts on that?
Pillar of the Community
United States
2205 Posts
 Posted 07/04/2018  2:57 pm  Show Profile   Bookmark this reply Add jpsned to your friends list
I say, just go with your gut. The large majority of dealers are honest. They want your business, and they want you to be happy so you'll buy again.

I've never had a problem with any online dealers. Red flags you should watch for include deals that are too good to be true, lousy photos, and detailed explanations and descriptions of the coins meaning to obfuscate its basic characteristics.
Valued Member
United States
50 Posts
 Posted 07/04/2018  3:00 pm  Show Profile   Bookmark this reply Add Krazy Kermit to your friends list
Thanks jpsned!

Honestly the only place to buy them I have heard anything bad about is Littleton, I've heard too expensive and its get you placed in their auto-coin mailing list where they send you coins to buy or not.

Other than that nothing but good words for all!
Bedrock of the Community
United States
17884 Posts
 Posted 07/05/2018  11:19 am  Show Profile   Bookmark this reply Add Conder101 to your friends list

Quote:
Not sure about a place with no address shown.

Just Carl, if you click on Contact Us you will find their address, Jakes used to have a Brick and Mortar location but eventually went to just online sales.


Quote:
If I decide to try Littleton I will keep my eye out. My father collected through them a long time ago before he passed and never had issues from what my mother remembers.

I started out with Littleton as well, mostly with foreign coins. I'm one of the few people that have dealt with them that was NOT impressed with their quality. They have a reputation for not selling problem coins or overgrading but that was not my experience with them at least on their approvals. Cleaned coins were not uncommon, and on the US approvals I received grades were inflated about two grades. It's bad enough when you get a Fine coin that is actually a Fine that they want VF money for, but when that Fine is a VG and they want VF money no thanks.
Valued Member
United States
363 Posts
 Posted 07/05/2018  11:38 am  Show Profile   Bookmark this reply Add Buckwill311 to your friends list
I like using ebay because there are so many options to choose from. I usually set a filter based on the price range I'm willing to spend on a coin and go from there. Like everyone said there are some dates that are best to purchase graded by a TPG and there are others that don't. Eventually you get a feel for what you're looking for. And remember, just have fun!!
Valued Member
United States
475 Posts
 Posted 07/06/2018  4:55 pm  Show Profile   Bookmark this reply Add txgolfer56 to your friends list
The best thing to do is learn how to grade the coins you want to collect and as others have stated, go with slabbed coins for the key dates. You can also look for local coin shows and attend those. The plus on coin shows is seeing the coins in person and getting to meet and know dealers that attend the shows. Once you better understand grading of the coins you want to collect, you will be able to judge for yourself whether a dealer is accurately grading his raw coins or not. I attended a recent coin show here in Texas and one dealer had a good selection of dates for the coins I was interested in. But, virtually every coin was over graded and priced according to what he graded it. I moved on.
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