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Replies: 20 / Views: 2,129 |
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Forum Mom
 United States
5877 Posts |
I think the edge-lettering was yet another way for the Mint to try to get people interested in their new program. Sorry, but I cannot bring myself to support this endeavor at all. It's all personal preference. Let's keep in mind the incredible number of "errors" that have surfaced with the State Quarters. I think we've only seen the tip of the iceberg where the Presidential dollars are concerned... 
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Pillar of the Community
United States
7123 Posts |
I have to put my agreement with Bobby and Dave ,, There is a huge difference between selling rolls for what they will bring, and playing on the ignorance of the new and unknowledgeable collectors by making bogus claims about the coins.
Integrity is everything !!
Metalman
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Member
 United States
703 Posts |
When they start coming out with auctions and they will, stating that they have two varieties of the dollar coin, I would be ok with that.
But to claim it is an error when it is CLEARLY not, is a lie.
error
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Valued Member
United States
470 Posts |
Has anyone bothered to email the seller to enlighten him? He may not be a collector. He may not read Coin World or NN. He may not read forums like this. He may not know that the edge lettering orientation is random. He may think that he has something special. If he doesn't know he is lying then he isn't lying...is he? If he knows and lies on purpose shame on him and shame on the uniformed folks who buy anything and everything that any tom dick harry list. Caveat Emptor.
Edited by Andrew289 02/18/2007 4:09 pm
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Forum Dad
 United States
24180 Posts |
Quote: Has anyone bothered to email the seller to enlighten him? I emailed every single one of them that was running yesterday morning. Not one of them has posted a clarification or withdrawn an auction.
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Valued Member
United States
470 Posts |
You can't ask anyone to do more than that. People take advantage of people daily in this hobby. I've been on the short end more than I will admit so I have little sympathy for the husksters out there. Unscrupulous dealers are wide spread. It only goes to figure that they would do it openly on ebay. That's the only thing I don't like about this hobby. It's all a opinionated con but the only way to combat it is with knowledge and a resolve to not be taken advantage of again. Until you get that resolve ...you are easy pickins and ebay is like shooting fish in a barrel for some. Is overgrading when selling and undergrading when buying ..a form of lying? Where is the integrity in that?
Edited by Andrew289 02/18/2007 6:32 pm
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Pillar of the Community
United States
7123 Posts |
Andrew in my opinion they are not different ,, overgrading or undergrading with the intent to decieve is no better.
however there are honest grading differences since it is a subjective aspect of the coin.
However knowledge and self confidence can over come both of these senarios.
Metalman
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Valued Member
United States
138 Posts |
The mint website talks about different positioning of the edge lettering but there are lots of coins on ebay that exhibit the edge lettering that is upside down. I also noticed ebay 230093055064 doesn't have any edge lettering at all! I'm getting popcorn, this will be fun to watch. Nick
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Forum Dad
 United States
24180 Posts |
Quote: The planchets are then fed into a press that applies over 80 metric tons of pressure, firing like a car engine to turn out as many as 750 coins a minute. The freshly minted dollars are carted to another machine where the edge lettering is pressed into them (right side up or upside down, at random) before being weighed, counted and poured into large Kevlar bags ready for shipping. From the New York Times
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Pillar of the Community
United States
1952 Posts |
I emailed the seller myself and what he said would make you sick lol I deleted it so I don't have it to show you all but he said he knew they are not errors but wanted his share of the bootie! he also said that the guy with the PC that had not lettering on the edge was a fake and that the guy polished it. I had already figured that out so that meant nothing. but I'm with you on this one Mark they are all scum Gary
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Valued Member
United States
138 Posts |
Have a look at ths one, just out of the chute :) 300083104782That should aggravate some of the hype sellers. Nick
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Pillar of the Community
United States
2254 Posts |
I actually feel like selling these like the last seller has them posted, paying the extra for a "feature listing" and having in bold letters all of the current ripoff scams going on. Plus, try and do something like a 28 day auction so that it stays there!!!!
Hmmm, I would have to wait until Friday though since I don't have any coins in hand...
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Valued Member
United States
376 Posts |
QUOTE "They are just trying to make a buck ..just like the guys selling rolls for almost double face."
Check the price for rolls from the mint. $35.95 per roll $4.95 shipping which comes out to $1.636 per coin.
Selling them at double face makes the seller $.364 per coin and the mint makes $.438 per coin.
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Member
 United States
703 Posts |
ooops ...i shouldn't have mentioned it...
Now I see tons of auctions for varieties ....LOL...........
I think they are correct in saying an up variety and a down variety.
JUST DON"T CALL IT AN ERROR!!!!!!!!!!
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Moderator
 United States
23522 Posts |
Quote: Have a look at ths one, just out of the chute :) 300083104782That should aggravate some of the hype sellers. Nick My hat's off to that seller.
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