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Franklin Over-Priced?

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Pillar of the Community
United States
1302 Posts
 Posted 11/19/2012  6:41 pm  Show Profile   Bookmark this reply Add cc99999 to your friends list
the thread began with the discussion of the price of a particular ebay auction. The sellers told me it was a listing error. Perhaps they wanted $80? They told me they were going to fix it.
Pillar of the Community
United States
5861 Posts
 Posted 11/19/2012  7:01 pm  Show Profile   Bookmark this reply Add barryg to your friends list
A listing error? Funny how it exactly matches the green sticker on the slab that says "800"...
Valued Member
United States
243 Posts
 Posted 11/19/2012  7:48 pm  Show Profile   Bookmark this reply Add tomtom777 to your friends list
I was going to email them but as barryg pointed out the sticker on the back said 800 so I figured that was really the price they were asking.
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 Posted 11/19/2012  8:17 pm  Show Profile   Bookmark this reply Add Gyrene7483 to your friends list
There is not a single coin or set of coins that are sold by nay of the shopping networks on TV that is not grossly overpriced. With the exception of slabbed coins virtually all of the coins sold on TV have been cleaned and / or polished. There is no good deal on coins on TV.

Ed
ANA LM-3175
Valued Member
United States
243 Posts
 Posted 11/20/2012  12:50 pm  Show Profile   Bookmark this reply Add tomtom777 to your friends list
@ cc99999 - I just received the below info from the seller, not sure what happened here but this is his price.



Franklin-Over-Priced?
Pillar of the Community
United States
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 Posted 11/20/2012  1:48 pm  Show Profile   Bookmark this reply Add cc99999 to your friends list
That's a shame. Well, I inquired about the issue with the PNG. If I find out anything, I'll let you know.
Valued Member
United States
243 Posts
 Posted 11/20/2012  1:49 pm  Show Profile   Bookmark this reply Add tomtom777 to your friends list
Sounds good. That is too bad, I was hoping it would change after you brought it up to their attention.
Bedrock of the Community
United States
14454 Posts
 Posted 11/20/2012  11:57 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list

Quote:
The sellers told me it was a listing error.


Quote:
I just received the below info from the seller

cc99999, so did the seller tell you the price was a listing error and he was going to fix it or not? I am lost with your responses you made. The first one said he said it was a typo and then the second response you made said it was about something else? was it about the price or what was it about that you contacted the seller about?
Pillar of the Community
United States
1302 Posts
 Posted 11/21/2012  07:10 am  Show Profile   Bookmark this reply Add cc99999 to your friends list

Franklin-Over-Priced?


this screen shot is the extent of my interaction with them. I contacted PNG to lodge a complaint because the discrepancy in responses to me and tomtom777, led me to believe they are in violation of PNG's bylaws.
Edited by cc99999
11/21/2012 07:11 am
Valued Member
United States
243 Posts
 Posted 11/21/2012  11:40 am  Show Profile   Bookmark this reply Add tomtom777 to your friends list
That's too bad they just flat out lied to us, giving the two different answers.
Pillar of the Community
United States
3755 Posts
 Posted 11/21/2012  12:01 pm  Show Profile   Bookmark this reply Add smokeriderdon to your friends list

Quote:
There is not a single coin or set of coins that are sold by nay of the shopping networks on TV that is not grossly overpriced. With the exception of slabbed coins virtually all of the coins sold on TV have been cleaned and / or polished. There is no good deal on coins on TV.


You are just plain flat out wrong there dude. I have purchased coins from one of the shows on several occasions and they are just fine. Not to mention I am really unsure as to how one cleans a mint set while still in the packaging...

Regardless of that, it will be interesting to see how this works out.
Pillar of the Community
United States
1302 Posts
 Posted 11/30/2012  8:11 pm  Show Profile   Bookmark this reply Add cc99999 to your friends list
Ah, the 1959 proof Franklin.

I just got a call back from the PNG, who contacted the seller Kedzie Koins. Kedzie stands by their price as it stands saying that the coin has cameo "tendencies" which aren't visible in the scan of the coin. They say that the coin is priced fairly as 1959 cameos sell for significant amounts of money. They do not state any of this in their their item description but they do offer a 14 day money back return policy.

So there you have it. A sloppy listing. A little bit of wishful thinking based on the scan. And an inconsistent message to two different customers. Happy bidding.
Valued Member
United States
243 Posts
 Posted 11/30/2012  9:21 pm  Show Profile   Bookmark this reply Add tomtom777 to your friends list
Thank you for keeping up on this and getting back to us cc99999. They should have mentioned that in the ad and I would have understood the price a little better however I still think it is a bit high for the amount of cameo it may have. Hopefully they will be better about communication both in email and their auctions in the future.
Bedrock of the Community
13014 Posts
 Posted 12/01/2012  04:01 am  Show Profile   Bookmark this reply Add basebal21 to your friends list

Quote:
I just got a call back from the PNG, who contacted the seller Kedzie Koins. Kedzie stands by their price as it stands saying that the coin has cameo "tendencies" which aren't visible in the scan of the coin. They say that the coin is priced fairly as 1959 cameos sell for significant amounts of money.




So even if we say that NGC got it wrong and it is cameo its still listed for about double the numismedia listing price.
Pillar of the Community
United States
1302 Posts
 Posted 12/01/2012  08:08 am  Show Profile   Bookmark this reply Add cc99999 to your friends list
well, I don't buy it either. At least the PNG called me back.
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