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I Should Buy It And Flip It, But If You Don't Mind Toning...

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BuffalosRock's Avatar
United States
500 Posts
 Posted 05/16/2013  4:12 pm Show Profile   Bookmark this topic Add BuffalosRock to your friends list Get a Link to this Message Number of Subscribers
I'm just not into flipping coins for profit - so I'd rather let someone here get a good deal on something they might want/need.

There is a great deal on a PCGS 1946-D MS65 Walker at bobpaulrarecoins.com site listed at $68. The reverse has a fair amount of toning but since the retail is $140 at PCGS, $123 at NGC/numismedia and grey sheet is $110 I don't think you can beat that price. I picked up a blast white one for $100 a few weeks back and thought that was a very fair deal.

I'm looking for a blast white PCGS 47D MS66 walker at a decent price - if anyone knows of one. The ones on ebay and Collector's Corner are either toned or ridiculously priced.

GL2ALL
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basebal21's Avatar
13014 Posts
 Posted 05/16/2013  4:23 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
Describes NGC while showing a PCGS coin?
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BuffalosRock's Avatar
United States
500 Posts
 Posted 05/16/2013  4:32 pm  Show Profile   Bookmark this reply Add BuffalosRock to your friends list Get a Link to this Reply
I wouldn't worry about that 21, I think they just copied the description from their NGC one and forgot to change it. I've bought from them w/o problems before - and good deals too.
Edited by BuffalosRock
05/16/2013 4:32 pm
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basebal21's Avatar
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 Posted 05/16/2013  4:37 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
Im not worried about them being a rip off or anything just wondering if the NGC one is real ugly if thats the one its for.
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BuffalosRock's Avatar
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500 Posts
 Posted 05/16/2013  5:04 pm  Show Profile   Bookmark this reply Add BuffalosRock to your friends list Get a Link to this Reply
The cert # is from the NGC one listed below it, so the description was copied is all. The pics show the PCGS cert.
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basebal21's Avatar
13014 Posts
 Posted 05/16/2013  5:26 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
Right but which one is it? Do you get the pictured coin or the NGC one described is the question
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BuffalosRock's Avatar
United States
500 Posts
 Posted 05/17/2013  2:51 pm  Show Profile   Bookmark this reply Add BuffalosRock to your friends list Get a Link to this Reply
Pic one; but either for that pricepoint is a steal
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buddy16cat's Avatar
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1536 Posts
 Posted 05/17/2013  2:52 pm  Show Profile   Bookmark this reply Add buddy16cat to your friends list Get a Link to this Reply
RedBook on that coin is $60. How much does being slabbed at the value of a common coin? I see on ebay that coin has gone for mostly around $90-$100.
Edited by buddy16cat
05/17/2013 3:01 pm
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BamaBlue's Avatar
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624 Posts
 Posted 05/17/2013  4:12 pm  Show Profile   Bookmark this reply Add BamaBlue to your friends list Get a Link to this Reply
Why would he be selling that coin that far below retail price? His prices are not outrageous, but they're definetly in the mid/high retail range. There has to be more to the story...

I like that coin!
Edited by BamaBlue
05/17/2013 4:47 pm
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BamaBlue's Avatar
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624 Posts
 Posted 05/20/2013  08:00 am  Show Profile   Bookmark this reply Add BamaBlue to your friends list Get a Link to this Reply
Wow... what an interesting turn of events. I decided to order this coin on Friday. Today (Monday) I got an email from Ron at Bob Paul Rare Coins...


Quote:
"Unfortunatly the coin was listed at the wrong price. It should have been $130. We would be willing to sell it to you for $100 since we made the mistake. Sorry for the mistake and I can assure it is not a bate [sic] and switch situation. I guess that's what happens when you're up listing items after 2AM. Should you not want the coin for the $100 price I will refund your PayPal payment to you promptly apon [sic] hearing from you.

Sorry Again.
Bob Paul Rare Coins
Ron


Technically, I have paid for the coin and this is a completed transaction. Without any other information, I assume (and it makes sense) that this was an honest mistake. It's amazing that this mistake didn't get caught until after my order was placed and I had paid for it...
Edited by BamaBlue
05/20/2013 1:28 pm
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Doug58s's Avatar
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899 Posts
 Posted 05/20/2013  10:15 am  Show Profile   Bookmark this reply Add Doug58s to your friends list Get a Link to this Reply
So the ole "bait and switch" is alive and well on ebay is it...
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BamaBlue's Avatar
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624 Posts
 Posted 05/20/2013  10:19 am  Show Profile   Bookmark this reply Add BamaBlue to your friends list Get a Link to this Reply

Quote:
So the ole "bait and switch" is alive and well on ebay is it...


No... this was through a coin dealer "Bob Paul Rare Coins." This coin was priced below fair market value and it sure looked like a mistake. I would almost bet that's what he paid for the coin (sale price was $68)... I could easily make a case for a completed transaction, but I think that would be a crappy way to handle a simple mistake.
Edited by BamaBlue
05/20/2013 10:21 am
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basebal21's Avatar
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 Posted 05/20/2013  1:00 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
I could easily make a case for a completed transaction, but I think that would be a crappy way to handle a simple mistake.


It would be but him offering the coin at a higher price than he had it listed for is a crappy way to handle it as well. He should have asked you if you would mind canceling not tell you oh sorry I need another 32 bucks, really he should have just eaten the few dollars off his mistake.

It probably was an honest mistake but knowing that hed just change prices at any point in time even when the sale is complete I wont ever be buying from him
Edited by basebal21
05/20/2013 1:58 pm
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Doug58s's Avatar
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899 Posts
 Posted 05/20/2013  1:39 pm  Show Profile   Bookmark this reply Add Doug58s to your friends list Get a Link to this Reply
That's kind of my take on it basebal... it was his mistake for listing it at that price. I'm not sure I understand his listing it - then selling it - and then going ooops...my bad can you pay me $32 more? I've seen any number of items sell on ebay for less than they should have - but - does the seller then get a do over after the fact because they didn't get the price they wanted?

I had a seller recently (and it too was a large seller) list a coin - I bought it and 2 days later they said...um we don't actually have the coin in the picture... we can send you a different one tho... bait and switch is alive.
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basebal21's Avatar
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 Posted 05/20/2013  2:04 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
Doug completely agree. I messed up one time and really underestimated shipping for some old hockey shin guards that just ended up being so bulky the price added up fast it actually cost me a couple bucks to sell it from the mistake but still shipped them. Needless to say I learned my lesson to check shipping on odd items first.

I had someone lose a coin they sold me too, though about a week and a half later they emailed me and asked if I still wanted it because they found it. I understand things do happen.

In this case if hed been in the store before paying and the seller said something thatd be fine by me. But once its online and someone has paid the sale is done as far as I'm concerned. Asking the buyer is one thing but doing it like that rubs me the wrong way especially over a few bucks, had he listed a 2k coin for 200 Id cut him some slack since that would be a large hit to take. 32 dollars shouldnt make or break any store
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BamaBlue's Avatar
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624 Posts
 Posted 05/20/2013  3:47 pm  Show Profile   Bookmark this reply Add BamaBlue to your friends list Get a Link to this Reply
Basebal... what you're talking about is 'good will'. Sometimes a little good will pays off with happy customers who share their experience. In my opinion, this was an opportunity to earn some future business from coin hounds like all of us. That owner probably knows nothing about this thread or this discussion, but he should recognize an opportunity to extend good will. I'm sure as a result of seeing this thread, many people who would not otherwise go to his website did go there to check it out (I know I did). Instead of adding some more business and traffic through good will, Bob Paul Rare Coins will probably lose a lot more than the few bucks on this transaction.

I'm not saying that this business, or any other business should exist to sell their products below value, but there should be some committment to their customers after the deal is done.
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