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Why Would A Png Dealer Waste Their Time.....

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Valued Member

United States
319 Posts
 Posted 10/19/2015  5:15 pm Show Profile   Bookmark this topic Add PawnS to your friends list Get a Link to this Message Number of Subscribers
Selling this garbage. I don't get it.
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jbuck's Avatar
United States
187496 Posts
 Posted 10/19/2015  5:20 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
They probably got stuck with them and now they are trying to stick them with someone else.

Maybe it is better than crack and spend, which gives even more false hope to neophyte numismatists.
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Buddy's Avatar
United States
7075 Posts
 Posted 10/19/2015  5:37 pm  Show Profile   Bookmark this reply Add Buddy to your friends list Get a Link to this Reply
Sheesh! Even the holders are all scratched up.

Great way to ruin your reputation.
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bobby131313's Avatar
United States
24147 Posts
 Posted 10/19/2015  5:38 pm  Show Profile   Bookmark this reply Add bobby131313 to your friends list Get a Link to this Reply
Does seem a little beneath them.
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CoinCollector2012's Avatar
United States
8137 Posts
 Posted 10/19/2015  5:54 pm  Show Profile   Bookmark this reply Add CoinCollector2012 to your friends list Get a Link to this Reply
Those prices also seem a bit excessive. I know my LCS sometimes gives those out in change.
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SilverStackerKid's Avatar
United States
6478 Posts
 Posted 10/19/2015  6:00 pm  Show Profile   Bookmark this reply Add SilverStackerKid to your friends list Get a Link to this Reply
I'm sure anyone would try to get rid of them. I'm just wondering, why does PNG have these?
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ChildOfTheWheat's Avatar
United States
5828 Posts
 Posted 10/19/2015  6:09 pm  Show Profile   Bookmark this reply Add ChildOfTheWheat to your friends list Get a Link to this Reply
Hey! That's one of my favorite Omaha Coin Dealers!

Looks like most of the marks are not on the coin... The dealer probably got screwed when he purchased a collection. It does seem a bit odd that they would sell these, the company is BY FAR the largest coin store in Omaha and it has 2 locations in the city...
Edited by ChildOfTheWheat
10/19/2015 6:11 pm
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BStrauss3's Avatar
United States
4587 Posts
 Posted 10/19/2015  7:13 pm  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
When a dealer makes a bid on "the whole hoard", it's all or nothing. So there were 2 unattributed 22plains and he based his bid on that. He'll take this junk as part of that every day, and sell it for 10c or whatever he can get.
-----Burton
50+ year / Life / Emeritus ANA member (joined 12/1/1973)
Life member: Numismatics International, CONECA
Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club
Owned by three cats and a wife of 40+ years (joined 1983)

Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/
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ChildOfTheWheat's Avatar
United States
5828 Posts
 Posted 10/19/2015  8:22 pm  Show Profile   Bookmark this reply Add ChildOfTheWheat to your friends list Get a Link to this Reply
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JFH's Avatar
United States
115 Posts
 Posted 10/19/2015  8:41 pm  Show Profile   Bookmark this reply Add JFH to your friends list Get a Link to this Reply
Just another thought, maybe he is trying to sell them for someone less fortunate and since he has more connections, they might sell. So, this could be a very kind thing that he is trying to do for someone, without thinking of what others may suggest.
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ChildOfTheWheat's Avatar
United States
5828 Posts
 Posted 10/19/2015  8:47 pm  Show Profile   Bookmark this reply Add ChildOfTheWheat to your friends list Get a Link to this Reply
Maybe, but then again why doesn't he just buy them from him? He would lose money, but DSS Coin & Bullion is raking in cash by the truck load and $20 isn't very much for them. I once went there and asked to see their early wheats, and half a 500 coin box was consumed by unslabbed 1914 D LWC's.
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CelticKnot's Avatar
United States
12804 Posts
 Posted 10/19/2015  10:49 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
In the description (at least, of the one I clicked on), it said bidding would start at $0.99 (as opposed to the $9.99 they are listed for). $0.99 seems much more reasonable, but still too much IMO (pretty much $0.25 is what I'd pay).
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AES's Avatar
United States
450 Posts
 Posted 10/19/2015  11:19 pm  Show Profile   Bookmark this reply Add AES to your friends list Get a Link to this Reply
I'll venture a guess that someone working for him listed these to try and get rid of them.
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Numisma's Avatar
United States
4963 Posts
 Posted 10/20/2015  01:41 am  Show Profile   Bookmark this reply Add Numisma to your friends list Get a Link to this Reply
Seriously? Gold plated quarters?
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srs77's Avatar
United States
3056 Posts
 Posted 10/20/2015  08:17 am  Show Profile   Bookmark this reply Add srs77 to your friends list Get a Link to this Reply
This sellers feedback makes me wary as well. The reasons for the negatives are what concern me. Places coins up for auction and then sells the coins at shows and elsewhere with the excuse that he's running a business and he can sell them anywhere.. Well, that's correct but on ebay you are causing hassles for anyone who wins and pays for your auctions and then you cancel the sale. Bad practice. Not a place I'd shop for sure.
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BStrauss3's Avatar
United States
4587 Posts
 Posted 10/20/2015  10:44 am  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
That's really not fair, they are running a business and a big one at that. I've bought from them both on ebay and f2f.

What would you have them do? Have a completely separate inventory on ebay and then on the show floor? So the coin you want you can't see in hand because "it's only on ebay".

The only problem is that it takes them a day or so to take the listing down from ebay, and that's in part because they have a dedicated online staff. One of my dealer friends has a Wi-Fi access point and he'll take down a listing at the next time the shows slows down - that's preferable, but hard to do in a big organization.

And of course if you met them in a show and they were busy typing on the tablet to take down the listing for what they had just sold somebody here would be complaining that "I went to the show and they were too busy playing on their tablet to take care of me".



-----Burton
50+ year / Life / Emeritus ANA member (joined 12/1/1973)
Life member: Numismatics International, CONECA
Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club
Owned by three cats and a wife of 40+ years (joined 1983)

Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/
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