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Very Rare 1952-2002-P Canadian Golden Jubilee Collectible Kg Small Penny

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Author Previous TopicReplies: 7 / Views: 881Next Topic  
Pillar of the Community

Canada
504 Posts
 Posted 10/21/2025  5:35 pm Show Profile   Bookmark this topic Add doctorman1941 to your friends list Get a Link to this Message Number of Subscribers
Is there something I am missing here with this coin worth 800 bucks? https://www.ebay.com/itm/3577127886...+collections
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JimmyD's Avatar
Canada
21584 Posts
 Posted 10/21/2025  6:32 pm  Show Profile   Bookmark this reply Add JimmyD to your friends list Get a Link to this Reply
Not missing anything. Just some seller asking a ridiculous
price for something that is worth a couple of cents. Look
at his other listings, asking $17,000 for a Canadian nickel.
See this quite often on ebay where someone is hoping their is an
uninformed buyer out there. It only takes one to make his day.
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1960NYGiants's Avatar
United States
666 Posts
 Posted 10/21/2025  6:34 pm  Show Profile   Check 1960NYGiants's eBay Listings Bookmark this reply Add 1960NYGiants to your friends list Get a Link to this Reply
It's a scam. (IMHO)
LM of RCNA
Member of CATC
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Marv65's Avatar
United States
10478 Posts
 Posted 10/21/2025  9:15 pm  Show Profile   Bookmark this reply Add Marv65 to your friends list Get a Link to this Reply
People can ask any amount they want - obviously they will never get it though. The best way to see the going prices of coins is to look at the "Sold Items" section.
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Sap's Avatar
Australia
16806 Posts
 Posted 10/21/2025  9:56 pm  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
Feel free to report the $17,000 item, it's in violation of ebay's "no raw coins to be listed over US$2500" policy.

I've always assumed most of these offerings - especially the ones you actually see in the "sold items" sort - are drug deals, or some such criminal money-laundering attempts. It's the perfect cover: you buy $800 worth of drugs (or stolen goods or whatnot), and pay for it by "buying" this coin on ebay: once the payment goes through, they send you the goods. And now, both people have on their books "$800 paid for sale of rare coin", all above board and legal if any cops or tax agents come snooping. The only people who know that that coin isn't really worth $800 are actual coin collectors, who are smart enough to simply ignore the listing.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Marv65's Avatar
United States
10478 Posts
 Posted 10/21/2025  9:59 pm  Show Profile   Bookmark this reply Add Marv65 to your friends list Get a Link to this Reply

Quote:
: once the payment goes through, they send you the goods. And now, both people have on their books "$800 paid for sale of rare coin"

Interesting - thanks for the tip!
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Errers and Varietys's Avatar
United States
73644 Posts
 Posted 10/21/2025  11:35 pm  Show Profile   Bookmark this reply Add Errers and Varietys to your friends list Get a Link to this Reply
There's also a fingerprint on the obverse to boot.
Errers and Varietys.
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jbuck's Avatar
United States
187662 Posts
 Posted 10/22/2025  10:47 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
People can ask any amount they want - obviously they will never get it though. The best way to see the going prices of coins is to look at the "Sold Items" section.


Quote:
Feel free to report the $17,000 item, it's in violation of ebay's "no raw coins to be listed over US$2500" policy.
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