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Replies: 15 / Views: 1,509 |
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Pillar of the Community
United States
4868 Posts |
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Forum Mom
 United States
5877 Posts |
The seller is new, so I try to give the benefit of the doubt. This is what I sent: Hello. I see that you are new to selling coins on ebay. You probably aren't aware of this, but Buffalo nickels in Good condition are only worth $1 each with dealers usually only willing to pay a fraction of that. The total worth on this lot is probably around $5 max with the included print. I am also curious as to what the image is for. Unless this is a coin that is included in this lot, or the print to which you refer, this is blatant misrepresentation of the coins in your auction and the collectors who buy on ebay get very irate with sellers who do this. If the image is of the print mentioned in the auction, you should state that in order to not be grouped in with the many scam artists who sell coins on ebay. Just trying to be helpful. If you have any questions about any coins that you have for sale, please feel free to email me and I'll help you out or you can check out the Coin Community forum at https://www.coincommunity.com. SusanWe'll see how the seller reacts.
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Pillar of the Community
 United States
4868 Posts |
Good job Susan! I would hate to see the listing fee for that! LOL!!
David
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Forum Mom
 United States
5877 Posts |
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Pillar of the Community
 United States
4868 Posts |
Whoooooa! My goodness! Those better be MS-70 for that price! LOL!!
David
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Forum Mom
 United States
5877 Posts |
Unfortunately, the "S" looks like it barely makes G4. Hard to tell since so many of the grading points are on the reverse (which she didn't bother to picture).
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Pillar of the Community
 United States
4868 Posts |
Edited by TheForce 05/23/2005 9:05 pm
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Valued Member
United States
440 Posts |
if the coins pictured are truly original and not copies or repreos. why arent they in a slab ? Wouldn't a type 1 1917 slq go for alot more than $355.00 in that condition ? that barber is fantastic. and it should be slabbed. am I missing something when he is selling a set of Roosevelt dimes slabbed for more than a type 1 slq.... 
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Forum Mom
 United States
5877 Posts |
Actually, he got a good price (by ebay comparison) for this coin. Many graded examples are going in the high hundreds. Completed Auctions
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Rest in Peace
United States
2884 Posts |
I don't buy the full head desingnation on the 1917 SLQ type 1. I think its a bit flat from what I can see. It's very tough to get a true full head strike, particularly on a type 1. I suspect them all to some degree bcause for a few dollars each they could be certified and command a higher sale price. Again its years of not seeing everthing in a picture that causes these jaded comments by me. Mike  I wonder where the seller that generated this thread got her asking prices from   I hope she didn't get stiffed buying these.  It looks like her first foray into coins......
Edited by Mike 05/24/2005 5:26 pm
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Pillar of the Community
 United States
4868 Posts |
I wanna know who says high grade coins have to be slabbed? They might make them more valuable, but I'm not interested in slabs. I like to keep my collection uniform as possible so I keep my coins in 2x2's.
David
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Forum Mom
 United States
5877 Posts |
The "full head" designation can be assigned based on percentage of detail, however I do not think that this coin has enough detail to warrant the designation. I also see a slight trace of wear on the knee. I see this as an AU coin without a "full head". His Barber should be slabbed (unless he doctored the pics to remove any hits) and the same for the Shield nickel, in my opinion. These two coins would definitely pull more money if TPG graded. Back to the OP: I got responses to my emails to the seller. She has lowered the prices to amounts that are still ridiculously high. The pic of the Buffalo that she put in the one auction was just because she "couldn't get good pictures of the ones in the auction". I explained the difference in value between the coin in the pic and the coins she's describing and also explained why she needs to lower the prices of these two auctions to about .99 (which doesn't even guarantee that they'll sell since the wheats are worth less than that). I guess we'll see. This seller will need to be watched just to see what she does with the info that's been given to her. She said that she is getting her prices from a book, but I don't which and she obviously doesn't understand the grading of coins.
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Pillar of the Community
 United States
4868 Posts |
Looks as if this seller goes by the highest book price listed and not going by the grade. Bad eBayer! lol
David
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Forum Mom
 United States
5877 Posts |
Well, here is the email communication between the seller and me. She obviously has a lot to learn and doesn't appear too interested in learning. Like most email posts, the most recent reply is first, so this should be read from the bottom up. Mine are in maroon and her responses are in blue. Thats good. My father was a banker for over 30 years before he retired and he has way more precious and lots more than any coin collector probably will ever have. The values of coins is dependent on a lot of factors, the most important being the condition of the coin. Grading coins takes years to learn and requires a lot of experience. I strongly advise not providing a picture at all if you can't provide a picture of the actual item in the auction. Coin buyers will leave a negative very quickly for a misrepresented coin. The pic you have for the Buffalo is a very collectible coin because of the toning and condition and would probably sell for over $50 though the coins you describe will sell for under $5. I strongly advise that you learn about the coins you are selling before listing any more. Buy a Red Book Guide to US Coins (available for 14.95 or under at any book store). A Photograde book (cover price 16.95) would help you also as it shows you how to grade coins.
Your starting bids are still way out of line. These coins should start at 99 cents. Even then, they may not sell. These are all common coins in this condition. I am not asking you to lower the price because I want to buy them. I have over 20,000 wheat cents that I am donating to a coin event and about 15 rolls of Buffalo nickels (just to illustrate how common these are.)
SusanNo I was not aware of this, I just got into the coin business like I said before and must have really read the book that I bought very very wrong. I appologize and if you are interrested in these coins I will like to work with you at whatever price you think they are worth. I have many of them and that is not the coin in the picture just the only one that I could find, because my camera would not take very good pictures of them. Thank you!!
Thank you, reaghan19"Hello. I see that you are new to selling coins on ebay. You probably aren't aware of this, but Buffalo nickels in Good condition are only worth $1 each with dealers usually only willing to pay a fraction of that. The total worth on this lot is probably around $5 max with the included print. I am also curious as to what the image is for. Unless this is a coin that is included in this lot, or the print to which you refer, this is blatant misrepresentation of the coins in your auction and the collectors who buy on ebay get very irate with sellers who do this. If the image is of the print mentioned in the auction, you should state that in order to not be grouped in with the many scam artists who sell coins on ebay. Just trying to be helpful. If you have any questions about any coins that you have for sale, please feel free to email me and I'll help you out or you can check out the Coin Community forum at https://www.coincommunity.com. Susan"
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Rest in Peace
United States
2884 Posts |
nds76, no one says high grades have to be slabbed. I have many that are raw because I am not selling them. I have learned that when selling high grade coins you are way better off if they are slabbed. Most auctions will show that. That was all I was saying. I love raw coins for the most part, but for more secure purchasing, particularly off ebay, buying slabbed coins has been working well for me. I've "busted out" many coins over the years that I intended to keep! But, when it comes to selling most end up in "jail" again.[:0] Mike 
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Rest in Peace
United States
2884 Posts |
Is it just me or do a lot of these sellers (not to stereotype) have a problem with ordinary English? Is this a feign? I feel the responses from a lot of these folks are from someone who really did not understand what was being said, or is just being a wise guy!  quote: Originally posted by Susanlynn9
Well, here is the email communication between the seller and me. She obviously has a lot to learn and doesn't appear too interested in learning. Like most email posts, the most recent reply is first, so this should be read from the bottom up. Mine are in maroon and her responses are in blue.
Thats good. My father was a banker for over 30 years before he retired and he has way more precious and lots more than any coin collector probably will ever have.
The values of coins is dependent on a lot of factors, the most important being the condition of the coin. Grading coins takes years to learn and requires a lot of experience. I strongly advise not providing a picture at all if you can't provide a picture of the actual item in the auction. Coin buyers will leave a negative very quickly for a misrepresented coin. The pic you have for the Buffalo is a very collectible coin because of the toning and condition and would probably sell for over $50 though the coins you describe will sell for under $5. I strongly advise that you learn about the coins you are selling before listing any more. Buy a Red Book Guide to US Coins (available for 14.95 or under at any book store). A Photograde book (cover price 16.95) would help you also as it shows you how to grade coins.
Your starting bids are still way out of line. These coins should start at 99 cents. Even then, they may not sell. These are all common coins in this condition. I am not asking you to lower the price because I want to buy them. I have over 20,000 wheat cents that I am donating to a coin event and about 15 rolls of Buffalo nickels (just to illustrate how common these are.)
Susan
No I was not aware of this, I just got into the coin business like I said before and must have really read the book that I bought very very wrong. I appologize and if you are interrested in these coins I will like to work with you at whatever price you think they are worth. I have many of them and that is not the coin in the picture just the only one that I could find, because my camera would not take very good pictures of them. Thank you!!
Thank you, reaghan19
"Hello. I see that you are new to selling coins on ebay. You probably aren't aware of this, but Buffalo nickels in Good condition are only worth $1 each with dealers usually only willing to pay a fraction of that. The total worth on this lot is probably around $5 max with the included print. I am also curious as to what the image is for. Unless this is a coin that is included in this lot, or the print to which you refer, this is blatant misrepresentation of the coins in your auction and the collectors who buy on ebay get very irate with sellers who do this. If the image is of the print mentioned in the auction, you should state that in order to not be grouped in with the many scam artists who sell coins on ebay. Just trying to be helpful. If you have any questions about any coins that you have for sale, please feel free to email me and I'll help you out or you can check out the Coin Community forum at https://www.coincommunity.com. Susan"
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Replies: 15 / Views: 1,509 |
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