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Coinmart62 Doing Everything To Sell Their Inventory......

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doubleeagle59's Avatar
Canada
2495 Posts
 Posted 07/02/2012  3:04 pm Show Profile   Bookmark this topic Add doubleeagle59 to your friends list Get a Link to this Message Number of Subscribers
Check out 'coinmart62' on ebay with their pseudo 'look-alike' ICCS holders.

I guess they're trying something new in order to get rid of their stock.

I wish them all the luck in the world...they're going to need it.

They must have a ton of inventory just sitting around.
Edited by doubleeagle59
07/02/2012 3:30 pm
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IndianGoldEagle's Avatar
United States
36844 Posts
 Posted 07/02/2012  3:07 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
Have you got a link to any of their listing?
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doubleeagle59's Avatar
Canada
2495 Posts
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dialog_gvf's Avatar
Canada
1581 Posts
 Posted 07/02/2012  4:43 pm  Show Profile   Bookmark this reply Add dialog_gvf to your friends list Get a Link to this Reply

"Tampering with this holder invalidates this opinion"

Failing, of course, to mention the massive conflict of interest due to being both the grader and seller of the item in the first place.













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glenzy1's Avatar
Canada
1554 Posts
 Posted 07/02/2012  5:13 pm  Show Profile   Bookmark this reply Add glenzy1 to your friends list Get a Link to this Reply
I often wonder how Dave Hunt (owner) survives on E-bay with the largest inventory of Canadian coins available. He does not appear to sell many above the $100.00 range and you always see the same high end coins year after year being listed?

Glenn
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chris12018's Avatar
United States
2130 Posts
 Posted 07/02/2012  5:52 pm  Show Profile   Bookmark this reply Add chris12018 to your friends list Get a Link to this Reply
He doesn't even "guarantee" it to be genuine.

His holder says," In our opinion this is genuine original item."

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Wade's Avatar
Canada
2781 Posts
 Posted 07/02/2012  9:34 pm  Show Profile   Bookmark this reply Add Wade to your friends list Get a Link to this Reply

Quote:
His holder says," In our opinion this is genuine original item."


same wording as ICCS...

frankly it doesn't matter who's holder it is in, it is the BUYER'S opinion that matters.

but like ANY TPG it is just an opinion, at least with his there isn't $8-$12 added on to the cost of the item. (no one is going to pay a TPG for a grade and slab on coins like that anyways, I dont think he is trying to fool anyone)

he writes: " We now have the ability to offer Quality Raw Coins, that are usually too expensive to certify, at low prices. "

i dont see a problem if it helps him sell some stock and buyers get a free opinion and free holder (you get what you pay for), ultimately buyers should grade for themselves regardless of who's holder its in.

hats off to him for trying to improve the way he is presenting his stuff (its his business so who really cares in the first place)

although I prefer 2x2 flips it does look a little more professional than a 2x2 with some scribble handwriting on it
Edited by Wade
07/02/2012 9:43 pm
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doubleeagle59's Avatar
Canada
2495 Posts
 Posted 07/02/2012  11:06 pm  Show Profile   Bookmark this reply Add doubleeagle59 to your friends list Get a Link to this Reply
sorry Wade, I disagree.

If it's not a true ICCS certed coin, then I would rather have a 2x2 from a dealer instead of one of their own 'knockoff' certed coins, as I'm buying it raw anyways, so why not purchase it like we used to back in the day....
Edited by doubleeagle59
07/02/2012 11:07 pm
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Pokermandude's Avatar
Canada
1192 Posts
 Posted 07/02/2012  11:15 pm  Show Profile   Bookmark this reply Add Pokermandude to your friends list Get a Link to this Reply
Took a quick look through and the grading seems to be decent at least. No obvious problem coins or massive over grading with their holdered coins.

I don't like that they are copying ICCS' "guarantee". It could lead a newbie buyer to believe that Coinmart will buy their coin back at a ~retail price so long as it stays in their "slab".

I'd still prefer mine raw, in 2x2s or unsealed pvc free flips.

My 2 cents.
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kuh_85's Avatar
Canada
2366 Posts
 Posted 07/03/2012  12:16 am  Show Profile   Bookmark this reply Add kuh_85 to your friends list Get a Link to this Reply
I lean towards Wade on this one. I have actually bought a couple of these and the grading seems fine (not that I'm any expert but I can tell the difference between an AG3 and a VF20 9 times out of 10 ). Didn't seem to be any additional cost compared to comparable raw coins I buy so I don't see any downside to it. If you don't like the holder just cut the coin out and put it in your own holder. It hasn't cost you anything.
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SPP-Ottawa's Avatar
Canada
10460 Posts
 Posted 07/03/2012  02:51 am  Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this reply Add SPP-Ottawa to your friends list Get a Link to this Reply
Most grading for Coin Mart is done by Roman Tam. Roman has a good eye, and I think most of their coins are graded fairly accurately. Note that the best deals with Coin Mart are at coin shows, on the last day. The less they have to fly home with, the happier they are...
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert Oppenheimer

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cdcoinman's Avatar
Canada
372 Posts
 Posted 07/03/2012  09:20 am  Show Profile   Bookmark this reply Add cdcoinman to your friends list Get a Link to this Reply
All of their coins are offered as BUY IT NOW but accept BEST OFFER.If they are open to fair deals they should be able to lower their inventory
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kuh_85's Avatar
Canada
2366 Posts
 Posted 07/03/2012  2:27 pm  Show Profile   Bookmark this reply Add kuh_85 to your friends list Get a Link to this Reply
In my (albeit limited) experience they have been quite open to best offers.
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Canada
504 Posts
 Posted 07/03/2012  5:10 pm  Show Profile   Bookmark this reply Add doctorman1941 to your friends list Get a Link to this Reply
Kuh85 I have a 1858 cent you might be interested in that is trading ect.
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kuh_85's Avatar
Canada
2366 Posts
 Posted 07/03/2012  11:38 pm  Show Profile   Bookmark this reply Add kuh_85 to your friends list Get a Link to this Reply
Thanks. Looks like you have sending email to you disabled in your profile though?
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