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Replies: 39 / Views: 5,895 |
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Pillar of the Community
United States
992 Posts |
Yep, how did recently slabbed coins get into the safe?
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Pillar of the Community
United States
7635 Posts |
Quote: Say what you want about this seller, but somehow they acquired a huge hoard of coins, some quite old and rare, They most likely bought rare/scarce slabbed "problem" coins from major auctions, cracked them out, enhanced the photos and then listed them on ebay. Looks like he is trying to raise some semi-untouchable cash by saying his PayPal was "compromised". The whole thing looks and sounds fishier now than it ever has! Buyer beware!
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Moderator
 United States
54283 Posts |
Quote: Yep, how did recently slabbed coins get into the safe? He never says the safe was 200 years old, just that the building was 200 years old. You can buy a brand new safe, put it into a 200 year old building and then put coins in it. You could then say the coins are in the "safe of  200 year old building"
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Valued Member
Canada
314 Posts |
What you guys are missing is the fact this guy didn't happen upon or buy up a huge hoard of coins. He buys raw or slabbed problem-coins from other sites like Stacks and Heritage. He then doctors the coins (hence his name) and deliberately lies about what he believes their grade to be. Ex: "highly uncirculated as per expert opinion." When in reality the coin is low AU Details. Search and you'll see other forums and topics catching him in the act of breaking high-end coins out.
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Pillar of the Community
 United States
3343 Posts |
Thanks eternallogan. It's the nature of the operation that's interesting The idea that these coins continue to pour out of a magic safe is past belief. But why so many 1795 dollars in February? Coins like this aren't readily available. I suppose it could be a mass crack-out of details slabs but it could also be a hoard. Maybe from an estate, or a consignment.
He's back with the usual safe finds. He wasn't gone for long. There are a few slabs now, with steep BIN prices. All are claimed to be undergraded.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
Edited by thq 04/16/2020 7:12 pm
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New Member
United States
18 Posts |
I don't make buys from anyone who has questionable marketing efforts or ethics. That's the standard I've always held to.
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Pillar of the Community
United States
824 Posts |
Did he create a new profile? If he did then here is his new ebay profile is " redwoodbullion", and he has the same types of coins and 99% feedback with a total of 94 with 3 neutrals and 1 negative. No more 200 yr old building with the safe with this acct.
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New Member
United States
48 Posts |
Jeez, just looked at redwoodbullion's listings, and those are the shiniest, whitest coins in existence. It was physically painful scrolling through his coins.
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Pillar of the Community
United States
7375 Posts |
I think redwoodbullion is a different seller. Anyway, when one of these so-called crack out artists appear, there's usually a detective or two that come up with some sold slabbed coins that the "dockter" has cracked. Has anyone seen any of these slabbed coins before they were cracked? Usually pretty easy to trace.
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Replies: 39 / Views: 5,895 |