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Replies: 23 / Views: 5,392 |
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Pillar of the Community
United States
6130 Posts |
If you spend any amount of time on ebay, you know exactly what I mean--those huge spreads of coins on a table with seemingly no rhyme or reason, that contain everything from mint sets to piles of wheats to baseball cards and vials of gold flakes. I have never personally taken the plunge, but maybe someone on here has? Do they ever have anything good?
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Rest in Peace
United States
18456 Posts |
All that is about estate sales is nothing but putting nice fresh bait into their listings . maybe 1 or 2 might be legit but in most cases it's nothing but a con game they put out for Newbie's . 
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Rest in Peace
United States
17900 Posts |
It is the old trick of making the walls of the cave look like they are shining with gold.
Once you scoop into the dirt - that's all you get - dirt.
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Moderator
 United States
188403 Posts |
I might if I were into flipping coins, but have avoided them since I just care about filling holes.  I would love to hear some stories though. 
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Bedrock of the Community
United States
94367 Posts |
I have stumbled across some great coins at in-person estate sales over a long life, but I would have no interest in anything advertised as such on ebay. Just too cynical, I guess.
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Pillar of the Community
United States
1314 Posts |
About as reliable as unsearched rolls.
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Pillar of the Community
United States
2910 Posts |
Just say NO.
CRH Nickeloholic. 1,600,000 nickels searched in eight years! Have found FOUR complete Jefferson sets!
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Pillar of the Community
Norway
1358 Posts |
I just see it as just another twist on the general ebay coin market scamming. There's a reason why I don't buy coins over ebay: this contributes to the reason why.
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Valued Member
Germany
303 Posts |
Yeah, I always buy them but only when the lot is described as 'unsearched'! :D
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Pillar of the Community
United States
946 Posts |
There was actually a kid I believe on here about a year ago,spent 6k of daddies money on one of those lots and I think he eventually ended up returning it all because " he couldn't make a profit" if I remember correctly. Stay away,stay far away/
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New Member
United States
36 Posts |
I'm fine buying graded coins off of ebay but I draw the line there. Pretty much anything else is ASKING for trouble. Estate sale, unsearched rolls, unopened GSA Morgan's - all for suckers with money to blow. Stay far far away!
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Bedrock of the Community
United States
11951 Posts |
Some of the one's I have seen, were bid up high by bidders that don't Know what coins are worth.
Some that say make offer . Don't take a good offer ....
Best thing is to not buy ..if you don't know what is there.
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Pillar of the Community
 United States
6130 Posts |
To be clear, I am not thinking about buying one; just curious as to what might actually come in one. I have seen some ebay stores that do legitimately buy and liquidate estate sales... I have bid on a few, but always get beaten by the high rollers.
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Pillar of the Community
United States
2661 Posts |
If I see the word "Estate" in the header I keep right on scrolling past the listing.
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Pillar of the Community
United States
7375 Posts |
You are better off bidding on an Auctionzip site. There are a few auctioneers that do actually get coins at estate sales, and sell them, but their pics are usually poor, and the buyers premiums and shipping can run up the price.
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Valued Member
United States
467 Posts |
I have never actually bought one that I can remember.
But I do sometimes stop and scan all the pictures for fun to see if there might be something they missed that is a gem.
It is no different than going through a bargain bin hoping for a cool find.
A virtual bargain bin!
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Replies: 23 / Views: 5,392 |