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 Replies: 19 / Views: 4,660 |
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New Member
United States
31 Posts |
So I thought I would try something different and a buddy suggested IOFFER.com. He referred me to a seller named DIRECTDVDS. The guy has 12 different lot options from a supposed $1000000 estate buy. My buddy has purchased a few lots and has had decent luck. So I bought a $40 "grab bag" style lot which arrived today. SELF-SLABBED coins with a label that read NIC. I can make a guess as to the referenced acronym. In short, I got about 9 "graded" MS-70 modern coins and a bag of junk nickels and pennies. He was kind enough to include a 1903 IHC in F and a 1916 Wheatie in AG, but on the whole, it was a joke. I am so disappointed not because I am out the $40, but because my dad who has just started collecting also bought a $50 lot which he has not received yet. He took my suggestion based on my buddy's feedback. I feel terrible and if I was in FL where the coins came from, I would be making a trip!  So buyers beware and do not make the same mistake I made. STAY AWAY FROM SITES WHICH HAVE NO COURSE OF ACTION FOR FRAUD! Grrrr!  |
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Pillar of the Community
United States
1151 Posts |
Thanks for letting us know! I have always wondered about websites like that..
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Pillar of the Community
United States
564 Posts |
Grab bags are always a scam!
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New Member
 United States
31 Posts |
I am beginning to see that but I wish I could believe that everyone is as honest as I am.
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Pillar of the Community
Australia
7096 Posts |
No matter which online service you use, those grab bags are hardly ever worth getting. It is a way of some sellers to get rid of their junk coins after sorting them out, The buyer only gets the junk coins. I have to admit I have bought a couple of these type lots and have been dissapointed every time   |
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New Member
United States
31 Posts |
Disappointed in a grab bag is one thing...misleading buyers with a fake grading company fo Lord knows how much money is another level of deciet in my opinion. Personally I sell unsearched lots of world coins on ebay. I buy poundage from dealers who have lots and dont want to search it, pounds from individuals on craigslist, and lots from garage sales. I *NEVER* search the lots. They are truly unsearched and I am sure people have scored some great coins from my lots (people have thanked me and listed their finds). The point is, I have advertised exactly what the lot is, and I deliver. I pass on the same joy to buyers that I get when I buy something and search and score. Thats the majesty of the hobby, but the same lure that the sharks use to rip people off. It sickens me that people are so crooked now-a-days. But I WILL continue to provide my customers with awesome lots nomatter! |
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Pillar of the Community
United States
1151 Posts |
It's like buying "Unsearched Wheat Cents" Not really unsearched to them but to you, it is.
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Pillar of the Community
United States
3592 Posts |
So, what did your buddy get that sold you on this to begin with ?
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Pillar of the Community
1028 Posts |
Yeah, those garb big things are always a scam. Anything unsearched is also a scam. Somebody somewhere along the way searched it. I am amazed when I see people on ebay still pay premiums for unsearched rolls or bags of whatever. The other day I saw a lot of SEVEN coins with "unsearched" in the listing. Really? You are a seasoned coin dealer based off looking at your other listings and you didn't take 2 seconds to look at those seven coins? Every buyer has to learn at some point. |
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Moderator
 United States
16677 Posts |
I sometimes see those at shows for $5.
I walk by trying not to laugh. Sorry that happened to you.
Live and learn...we have all made crappy purchases at one time.
swcoin.ecrater.com
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Moderator
United States
23522 Posts |
See, this is all your fault, jeremy. If you weren't an experienced and honest seller yourself, this ripoff wouldn't have bothered you.  |
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Pillar of the Community
United States
842 Posts |
I got scammed on ioffer.com as well. I don't want to talk about it because it still makes me hot.
I suggest that no one use it. Ever.
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Pillar of the Community
Canada
981 Posts |
Thanks for info I will stay away for sure.
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Bedrock of the Community
United States
14454 Posts |
I used to buy my daughter a few "lots" of coins when she was around 3-5 years old and knew there was no way to get anything of any value but she loved just seeing the coins and looking through them so for me the 10 bucks I was spending was worth it to me e3ven though I probably only got about 5-7 bucks worth of coins. Of course now all the pre-64 dimes and quarters that was sent to her 6-8 years ago is worth allot more than I paid at that time and her collection probably has allot more coins in it than mine does, but of course mine is allot more focused and worth quite a bit more
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Bedrock of the Community
United States
10045 Posts |
Sorry this happened to you, especially around the holidays. If you stick around here, you'll meet a lot of good people to trade or buy from.   |
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Pillar of the Community
Canada
3692 Posts |
Go tell your "buddy". That's the source. If he doesn't have a story similar to yours then he might be in on the whole thing.
Also lol @ $1,000,000 - people will believe anything with a big clean number like that.
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Replies: 19 / Views: 4,660 |
Posted 12/23/2011 7:38 pm
