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 Replies: 18 / Views: 2,753 |
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Pillar of the Community
Australia
1091 Posts |
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Pillar of the Community
United States
756 Posts |
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Forum Mom
 United States
5877 Posts |
"PLEASE TAKE A MOMENT TO LOOK AT OUR FEEDBACK AND BID WITH CONFIDENCE." Well, I looked at the feedback. Neg/Neutral FeedbackSorry, don't feel confident enough to bid.  I can't believe that this has been bid up to $17,000 with a feedback rating of 99%. Lots of FB has been mutually withdrawn too. If any of this stuff was real, the seller would be breaking it up and selling in smaller lots. The prints with the stated copyright dates are probably modern copies (that doesn't change the copyright date). I don't even want to discuss the coin issues involved with this auction.  |
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Pillar of the Community
United States
2724 Posts |
Wouldn't touch this with a 10 foot pole.
I wouldn't even buy this with your money. I sure hope that the winner refuses to pay.
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Pillar of the Community
 Australia
1091 Posts |
I know my faults. I'm a gullible person. It's interesting that the people in the know recognise the flaws in this auction. For me it's a "wow, wide eye sucker look". LOL. Still my heart made a pitta patta at the look at 70,000 coins, even though they looked worn and the collections looked in "good" condition. I don't have a clue about the baseball card value or their condition. But I did wonder, just for a second, Why they put that stupid looking clown picture/painting in the listing. Is it famous or does it just look stupid? LOL. I'll take your advice and not touch it with a ten foot pole. $17,000+ is too much to spend on ebay sight unseen. I wonder if the secret chest has a bunch of old clothes in it. LOL or maybe it's full of GOLD. LOL. I must not bid, I must not bid, I must not bid, I must not bid. |
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Pillar of the Community
Belgium
2078 Posts |
I had my fill after the first pic only (and I am on ADSL )
With the neg feedback I would not even risk 100 dollar on anything
he has to sell even if it were the Uk crownjewels
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Rest in Peace
United States
2884 Posts |
Hello Crew!!!! I find myself drawn back to this auction again and again, adding up what I can see, speculating about what I can't see and wondering how much money the "winner" is going to make off this stuff! And there lies the bait! I have no idea what the boat is worth, but it is kind of cool. If this hoard were mine, I would parcel it out. If it is even 75% as described, 20K sounds cheap. Oh well, out of my league, but whoever gets it, if it is all that is described, will have a ball going through it all. See, I'm suckered in, I just can't afford it!!! Maybe the final hitch will be a 20K shipping charge!AAAAAHHHHHHH Mike [:p]  |
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Pillar of the Community
United States
2724 Posts |
Lets look at what is possible:
15,000 TO 20,000 SILVER COINS ALONE
A very wide number and quite a difference in value.
Gemstones, stamps, baseball cards? Anyone ever tried selling this stuff? Can be quite frustrating.
Stock certificates also fall into this. Post cards?
ALL SALES ARE FINAL AND THERE ARE NO RETURNS
While selling any large lot is tough enough, this just adds fuel to the fire. You have NO IDEA what you will get until the box is opened with NO recourse.
I would not touch this one at all. Way too much to go wrong.
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Pillar of the Community
United States
7123 Posts |
There are a lot of coins in this auction, but if you want to know the quality of the sets ,,just take a look at the keys? 16-D merc looks to be AG ,, the 32-D washington G-4 and so on down the list!! no way would this be worth 30,000 to me, and I have my doubts it will be to the winning bidder either, My favorite line!!!! no time to sell in smaller lots !!! This person does ebay for a living !! Rick |
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Pillar of the Community
United States
2724 Posts |
quote:
Originally posted by Metalman
My favorite line!!!! no time to sell in smaller lots !!!
This person does ebay for a living !!
Yeah that makes sense to me also. I guess that if this person were to break the set down, their profit margin would also fall through the floor. I have debated for years about putting together a large "hoard" just to see how many fools are willing to part with their money. I could take a photo of the coins set aside for CoinFest and post them under an auction title: Disclaimer: This is not an actual auction. All names and places have been changed to protect the innocent  400,000 coins found! Bid with confidence as I see many semi key dates. Includes hard to find Indian cents, wheat cents, Mercury dimes, large cents, Half Dimes, silver quarters, halves, dollars, never searched through. Old collection found hidden in basement for who knows how long. Start your own coin dealing business with this large hoard. Winning bidder will also receive completely unsearched 2004-D Jefferson nickels. Look for your own DDO. Become rich overnight. Who knows what could be included. 1909-S VDB, 1914-D, 1922 Plain, 1955 DDO, 1916-D Mercury? As this lot as not seen the light of day in who knows how long, who knows what treasures are waiting to be found.
Now I know nothing about coins, but all seem to grade good through brilliant uncirculated. Also see a few proof coins mixed in with this lot. Don't let this one pass you by. |
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Pillar of the Community
 United States
5953 Posts |
ND Be carefull!! I almost got taken in and wanted to bid on your auction and its not even off the forum and onto ebay yet. About 4 years ago I did get taken in and bought a collection for $1000. Most of it I did not have the heart to pass on to other people but the stuff that was worth reselling was very low end. I Got back less than $400 for what I did sell. I keep the other coins in my lessons learnt bag which became a box after that mistake. |
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Pillar of the Community
United States
2724 Posts |
I have about 100,000 wheat cents sitting here in boxes waiting for next weekends event along with so many various coins from around the world, that I know would overwhelm most. All said and done, there is probably $1000 wrapped up in these coins. The pile looks amazing and of course I will supply event photos here on the forum so that everyone can see what 400,000 coins looks like. With all the hype on ebay I wonder if I could fetch a few grand in an unsearched hoard. |
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Valued Member
United States
421 Posts |
quote:
Originally posted by national dealer
I have about 100,000 wheat cents sitting here in boxes waiting for next weekends event along with so many various coins from around the world, that I know would overwhelm most. All said and done, there is probably $1000 wrapped up in these coins.
Probably about $1000 wrapped up in about 100,000 wheat cents. ;) quote:
Originally posted by national dealer
The pile looks amazing and of course I will supply event photos here on the forum so that everyone can see what 400,000 coins looks like. With all the hype on ebay I wonder if I could fetch a few grand in an unsearched hoard.
You surely could. It has been a long while since I inquired about wheat cents but the local dealers were trying to sell them for 3-4 cents each in bulk. And that was 1999. 100,000 cents would probably cost me $5000 at a local dealer these days. Edited to add, I don't know what the local dealers here are hawking common world coins by the pound for but I suspect that they would want a bit of $$ for 300,000 of them. At least $5000, I bet. As just Joe-Blow collector walking in off the street and not as a dealer with well established connections, if I walked into a local dealer and he could fill the order, a mix of 300,000 world coins and 100,000 wheat cents would cost me a minimun of 10 grand, I bet. Probably more. Edited by Stujoe
07/30/2005 5:44 pm
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Pillar of the Community
United States
2724 Posts |
Wheat bags 5000 cost me about 135 today. Sometimes as high as 145 if the mix is good. I in turn wholesale them out at 165 a bag and 195 if the mix is good. Foriegn coins if I somehow get a bump on the head and actually pay any money for them are at 1 to 2 cents per coin and then given away to kids.
Most of the 400,000 coins are regular run of the mill Lincoln memorial cents purchased at face value.
Almost 200,000 of these coins were donated through collectors, dealers, and event sponsors.
If someone were to walk in with this pile I would pay roughly a grand for it all.
However, looking at the massive pile would inspire many to dreams of key dates and riches.
For the kids attending next weekend, I hope that this is the beginning of something more special.
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Valued Member
United States
421 Posts |
quote:
Originally posted by national dealer
Wheat bags 5000 cost me about 135 today. Sometimes as high as 145 if the mix is good. I in turn wholesale them out at 165 a bag and 195 if the mix is good. Foriegn coins if I somehow get a bump on the head and actually pay any money for them are at 1 to 2 cents per coin and then given away to kids.
Most of the 400,000 coins are regular run of the mill Lincoln memorial cents purchased at face value.
Almost 200,000 of these coins were donated through collectors, dealers, and event sponsors.
If someone were to walk in with this pile I would pay roughly a grand for it all.
Is that price just because of the hassle of handling it and turning it? Unless my calcs are off, that is like 1/4 of a cent per coin. I think I'd pay that much for any 400,000 coins if I could but everyone knows I have had one too many bumps to the head. Of course, the wife would kill me when I got out the wheelbarrow and brought them into the house.  quote:
Originally posted by national dealer
However, looking at the massive pile would inspire many to dreams of key dates and riches.
For the kids attending next weekend, I hope that this is the beginning of something more special.
I am sure it will be very cool to them. Heck, it would be very cool to me. Edited by Stujoe
07/31/2005 07:08 am
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Pillar of the Community
United States
2724 Posts |
Given the overall amount of the coins, anyone would be hard pressed to determine how many were what. There are far more memorial cents than anything else, so the best way to determine value would be to take a sample and base the price paid on this. So if you took a small group and determined that memorials outweighed the wheats by say 5 to 1, would you honestly offer a premium? Circulated Memorial Cents have no numismatic value to speak of, so it is a time related expense.
Unloading wheats are pretty easy, but picking through several hundred thousand coins to find them?
Finally you have to think about the overall time involved.
There is an honest 3 to 4 thousand in Wheat Cents. However it would literally take you many, many hours to seperate. So for my time, the buy price would fall through the floor.
I won't say that it is correct, but it is honest.
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Replies: 18 / Views: 2,753 |
Posted 07/26/2005 09:34 am
