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Somebody Is Selling Their Whole Collection On Ebay - Trends Value 110000$

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MoneyPenney's Avatar
Canada
2984 Posts
 Posted 12/15/2016  01:46 am  Show Profile   Bookmark this reply Add MoneyPenney to your friends list Get a Link to this Reply

Quote:
I messaged the guy and asked...poor guy got stung with $500 ebay fee for ending the listing.


Did he say why he ended the listing?

I suppose it is better to lose $500 than to lose $100,000.
Edited by MoneyPenney
12/15/2016 01:47 am
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Canada
1505 Posts
 Posted 12/15/2016  01:51 am  Show Profile   Bookmark this reply Add purelywasted to your friends list Get a Link to this Reply
ouch, I didn't know they hit you with that kind of fee for cancelling an auction. It would be interesting if he could reinstate the auction instead of paying the fee? But he might be better off just paying and moving on, given the sentiment on the board relative to expected prices.

It's a good thing the auction was not above 20k, a 10% fee would be getting ridiculous.
Edited by purelywasted
12/15/2016 01:52 am
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spru's Avatar
United States
12477 Posts
 Posted 12/15/2016  03:15 am  Show Profile   Check spru's eBay Listings Bookmark this reply Add spru to your friends list Get a Link to this Reply
After looking into it a bit, he's not some bloke trying to dump a collection because of hard times. He's most likely a dealer in coins and collectibles and possibly jewelry.

With a quick search I couldn't find the person but I was suspicious of the poor English on the listing and that the seller has listings shipping from different locations (albeit very close to one another). Those are turn-offs for me as a buyer.
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thedollarman's Avatar
Canada
4911 Posts
 Posted 12/15/2016  03:26 am  Show Profile   Check thedollarman's eBay Listings Bookmark this reply Add thedollarman to your friends list Get a Link to this Reply
He mentioned in the listing that he speaks French too, and some words in his listing had French accent by accident..also I messaged with him a bit, I think he is french Canadian and English is his second language.
Feel free to call me Will.
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silverwolf's Avatar
Canada
3733 Posts
 Posted 12/15/2016  07:07 am  Show Profile   Bookmark this reply Add silverwolf to your friends list Get a Link to this Reply
he has listed a bunch of singles, some nice halfs as well.
Pillar of the Community
Canada
1505 Posts
 Posted 12/15/2016  07:45 am  Show Profile   Bookmark this reply Add purelywasted to your friends list Get a Link to this Reply
Not seeing many quick sales there, but I now understand where the $110k came from.
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doubleeagle59's Avatar
Canada
2495 Posts
 Posted 12/15/2016  08:33 am  Show Profile   Bookmark this reply Add doubleeagle59 to your friends list Get a Link to this Reply
Not a chance he's even going to sell them individually at those prices (about 75% of trends).

Especially without an option to 'make an offer'

Also, looks like he probably had his entire collection very recently graded by ICCS.

Big cost there too, as most of his certs have the three letter designation and a lot of these have 'XHD' which were done in Sept. 2016.

I hope his coin knowledge is better than his marketing knowledge.
Edited by doubleeagle59
12/15/2016 08:34 am
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bobby131313's Avatar
United States
24180 Posts
 Posted 12/15/2016  08:51 am  Show Profile   Bookmark this reply Add bobby131313 to your friends list Get a Link to this Reply

Quote:
poor guy got stung with $500 ebay fee for ending the listing


No he didn't. He ended it early with no winner.
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Apitrix's Avatar
Canada
581 Posts
 Posted 12/15/2016  09:05 am  Show Profile   Bookmark this reply Add Apitrix to your friends list Get a Link to this Reply
I am now leery about this dealer. If you are going to post something and let it go for as long as it did, and then remove it in order to relist as separate coins... I mean, I was genuinely interested in the lot, and was going into it with another person, but now I don't even want to buy a single coin. I feel like that was a waste of all of our time whomever was bidding, and a very shady way of publicizing the estate
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oriole's Avatar
Canada
5253 Posts
 Posted 12/15/2016  09:15 am  Show Profile   Bookmark this reply Add oriole to your friends list Get a Link to this Reply
At any rate, the individual listings of graded coins are about 2/3 of trends, which seems reasonable.

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doubleeagle59's Avatar
Canada
2495 Posts
 Posted 12/15/2016  09:50 am  Show Profile   Bookmark this reply Add doubleeagle59 to your friends list Get a Link to this Reply
Oriole...

2/3 of trends in today's market is at the very, very TOP of 'reasonable'.
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BigSilver's Avatar
United States
2843 Posts
 Posted 12/15/2016  09:55 am  Show Profile   Bookmark this reply Add BigSilver to your friends list Get a Link to this Reply
BTW I was the highest bidder on that lot with a max bid of CAN$4,800. I didn't actually think that I was going to win, nor that he would actually deliver the entire collection if I did.
You ask- why then was I bidding. FOMO and a cheap way of giving myself a right to dream.
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thedollarman's Avatar
Canada
4911 Posts
 Posted 12/15/2016  10:10 am  Show Profile   Check thedollarman's eBay Listings Bookmark this reply Add thedollarman to your friends list Get a Link to this Reply
i was going in on a small part with Apitrix...somewhat disappointed in all honesty but I can't blame him, if you have tens of thousands of dollars in coins for sale and a day or so to go and it's only at a few thousand..

sniping and major raises of bids would happen near the end but it still would've been far off what he wants.
Feel free to call me Will.
Edited by thedollarman
12/15/2016 10:12 am
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papeldog's Avatar
Canada
1923 Posts
 Posted 12/15/2016  10:46 am  Show Profile   Bookmark this reply Add papeldog to your friends list Get a Link to this Reply
If the seller was looking for a better price than they received by ending the auction early then they should have set a buy it now price on what they were looking for and a higher start price.
Scammer in my eyes someone I wouldn't trust even if I was high bidder
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John77's Avatar
United States
2917 Posts
 Posted 12/15/2016  10:48 am  Show Profile   Check John77's eBay Listings Bookmark this reply Add John77 to your friends list Get a Link to this Reply

Quote:
BTW I was the highest bidder on that lot with a max bid of CAN$4,800.


SO he's going to get billed a $480 early termination fee by ebay. What a doofus he was!
CRH Nickeloholic. 1,600,000 nickels searched in eight years! Have found FOUR complete Jefferson sets!
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