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Replies: 11 / Views: 1,804 |
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Locked
822 Posts |
Edited by scubu 02/10/2008 1:11 pm
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Pillar of the Community
United States
914 Posts |
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
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Valued Member
Canada
82 Posts |
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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Pillar of the Community
United States
5318 Posts |
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.
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Locked
 822 Posts |
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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Pillar of the Community
United States
749 Posts |
IMO..I would pass on these
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New Member
United States
32 Posts |
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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Pillar of the Community
United States
914 Posts |
quote: Exactly, and all one day private listings to avoid any kind of warning or detection.
Actually, they're all 7 day listings.
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Locked
 822 Posts |
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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Pillar of the Community
Australia
1014 Posts |
Seems dodgy, but the sellers feedback is alright I guess.... 
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Pillar of the Community
United States
1984 Posts |
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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Pillar of the Community
United States
533 Posts |
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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Replies: 11 / Views: 1,804 |
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