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This Makes Me Want To Vomit.

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Locked

822 Posts
 Posted 02/10/2008  1:09 pm Show Profile   Bookmark this topic Add scubu to your friends list Get a Link to this Message Number of Subscribers
Edited by scubu
02/10/2008 1:11 pm
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Vaslin's Avatar
United States
914 Posts
 Posted 02/10/2008  2:38 pm  Show Profile   Bookmark this reply Add Vaslin to your friends list Get a Link to this Reply
Except for the new TPG that they're sporting, it doesn't really bother me that much. It's not like someone poked a hole in a proof three-cent nickel
Valued Member
Canada
82 Posts
 Posted 02/10/2008  2:51 pm  Show Profile   Bookmark this reply Add grmike to your friends list Get a Link to this Reply
how do they make money from those sales ? if half of the coins are 90 precent silver it doesn't matter about the grade or rarity that by itself is worth the money.
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KurtS's Avatar
United States
5318 Posts
 Posted 02/10/2008  3:19 pm  Show Profile   Bookmark this reply Add KurtS to your friends list Get a Link to this Reply
Hmm...if they weren't making money, I'd doubt you'd see all those multiple auctions: why not sell individually if there's a better margin? They're simply playing into buyer's hopes that they're getting something for nothing--not going to happen, imo.
Locked
822 Posts
 Posted 02/10/2008  3:38 pm  Show Profile   Bookmark this reply Add scubu to your friends list Get a Link to this Reply
quote:
if half of the coins are 90 precent silver it doesn't matter about the grade or rarity that by itself is worth the money.


Well, what leads you to believe that they're half silver? There's nothing in there that even remotely suggests that you're guaranteed to even get one silver coin.

How could you know it's worth the money when they're not even over yet?

quote:
They're simply playing into buyer's hopes that they're getting something for nothing--not going to happen, imo.


Exactly, and all one day private listings to avoid any kind of warning or detection. Very deliberate, shady tactics in my opinion and a lot of others I'm sure.
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Lucky_13's Avatar
United States
749 Posts
 Posted 02/10/2008  3:54 pm  Show Profile   Bookmark this reply Add Lucky_13 to your friends list Get a Link to this Reply
IMO..I would pass on these
New Member
wbryan09's Avatar
United States
32 Posts
 Posted 02/10/2008  5:23 pm  Show Profile   Bookmark this reply Add wbryan09 to your friends list Get a Link to this Reply
I saw one of these listings a few days ago, it was the first time I had heard of GCGS. I'm sure the uninitiated will assume they've found the mother load with this deal! Nothing in the listing implies that there's any certainty of silver! I'm not sure who they are selling to, but they have surprisingly good feedback. But with GCGS on the slabs I wouldn't expect any true 69/70 coins. I expect they're competing for bottom tier status like SGS and other self slabbers on ebay.

EDIT: I just went back and looked at theses again. They've mixed a couple of what look like First Strike logos into the treasure pile! What are the odds that you would even find ONE coin graded by a known TPG. LOL
Edited by wbryan09
02/10/2008 5:29 pm
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Vaslin's Avatar
United States
914 Posts
 Posted 02/10/2008  11:04 pm  Show Profile   Bookmark this reply Add Vaslin to your friends list Get a Link to this Reply
quote:
Exactly, and all one day private listings to avoid any kind of warning or detection.


Actually, they're all 7 day listings.
Locked
822 Posts
 Posted 02/10/2008  11:34 pm  Show Profile   Bookmark this reply Add scubu to your friends list Get a Link to this Reply
The first 5 or 6 when I first posted were all 1 day that started on the 9th and ended on the 10th... a few hours ago. I didn't go past those.
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justabeginner's Avatar
Australia
1014 Posts
 Posted 02/11/2008  12:06 am  Show Profile   Bookmark this reply Add justabeginner to your friends list Get a Link to this Reply
Seems dodgy, but the sellers feedback is alright I guess....
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halfabustisbetter's Avatar
United States
1984 Posts
 Posted 02/13/2008  12:48 pm  Show Profile   Bookmark this reply Add halfabustisbetter to your friends list Get a Link to this Reply
That's the kind of auction ebay should be killing instantly. You're going to get about $3.00 worth of coins--maybe.

ebay is getting so sad.
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jcook54's Avatar
United States
533 Posts
 Posted 02/14/2008  9:55 pm  Show Profile   Bookmark this reply Add jcook54 to your friends list Get a Link to this Reply
Maybe the folks trying to win the auctions are chasing a dream. i.e. "MS63 1893CC Morgan dollar found at yard sale... Perhaps they are just hoping they are going to be one of the lucky one's. I would never go that route but it's just a thought.
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