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Amazon Dealer Prices Legit?

 
 
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13 Posts
 Posted 07/14/2019  07:57 am Show Profile   Bookmark this topic Add MarkCoin to your friends list Get a Link to this Message
While looking at prices of Uncirculated and Proof sets on Amazon, I noticed that some dealers are selling the same thing the US Mint sells, but at a lower price. Are these legitimate? I assume they're getting dealer volume pricing. I did notice the 2019 W penny wasn't included, but is that really worth $8 at this point? They're in OGP and with a CoA.
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 Posted 07/14/2019  08:16 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
Interesting. I never even thought of Amazon as selling coins.
just carl
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 Posted 07/14/2019  08:33 am  Show Profile   Check chafemasterj's eBay Listings Bookmark this reply Add chafemasterj to your friends list Get a Link to this Reply
Me either justcarl. Amazon is taking over!
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 Posted 07/14/2019  08:44 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
Oh yes...Amazon has been a marketplace for coins for several years now. Got a link to the item? It is surprising that they'd be selling for less than retail for a set that's still available direct from the source, but it could certainly have something to do with bulk purchasing power, as you suggest.
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 Posted 07/14/2019  08:46 am  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
Where have you guys been ? Amazon has been selling coins and coin collecting supplies for many years .
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 Posted 07/14/2019  09:21 am  Show Profile   Bookmark this reply Add MarkCoin to your friends list Get a Link to this Reply
This is the one that caught my eye: https://www.amazon.com/2019-Coin-Cl.../B07P6YL876/ The only thing jumping at me is no W penny.
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 Posted 07/14/2019  09:50 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Is there anything Amazon DOESN'T sell?
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 Posted 07/14/2019  10:12 am  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
Generally, Amazon coin prices are much higher than eBay sold. However, their supplies and BOOKS are often the best prices around.
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 Posted 07/14/2019  11:30 am  Show Profile   Bookmark this reply Add Big-Kingdom to your friends list Get a Link to this Reply
I did a little research on this. The Amazon seller has a websit and sells the 2019W cents slabbed and graded. He's selling the leftover part of the set at a dicount without the cent at just under $20.

So he sell the rest of the set for like $20, and on his website or at his store he's asking about $100+ for the graded w cent.

He's making his money. Could probably care less asking out the sale price of the rest of the set just recover something from it.
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 Posted 07/14/2019  12:16 pm  Show Profile   Bookmark this reply Add keith12 to your friends list Get a Link to this Reply
With Big Kingdom
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 Posted 07/14/2019  3:00 pm  Show Profile   Bookmark this reply Add MarkCoin to your friends list Get a Link to this Reply
Thanks Big Kingdom, I appreciate you seeing that.
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 Posted 07/14/2019  6:46 pm  Show Profile   Check 52Raymo's eBay Listings Bookmark this reply Add 52Raymo to your friends list Get a Link to this Reply
Walmart sells coins too.
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 Posted 07/14/2019  6:50 pm  Show Profile   Bookmark this reply Add bobby131313 to your friends list Get a Link to this Reply
Walmart allows third party sellers on their site, so likely not really Walmart.
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 Posted 07/15/2019  9:47 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
Walmart allows third party sellers on their site, so likely not really Walmart.

Amazon is doing the same thing, except in some cases the seller turns the material over to Amazon and they handle the fulfillment (shipping) for them. In other cases you order through Amazon and the seller handles the shipping. Just like Walmart.
Gary Schmidt
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 Posted 07/16/2019  02:04 am  Show Profile   Bookmark this reply Add Gincoin43 to your friends list Get a Link to this Reply
Selling cost on Amazon are prohibitive in my mind. Anyone selling coins on Amazon had to get approval from them, and since they don't show the rate they charge probably has a negotiable fee. It's possible those sets are legitimate but the seller would have had to do a lot of work to make them profitable.
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