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Ebay Joke Of The Day. (1884-O Morgan Dollar)

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Wideglide's Avatar
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646 Posts
 Posted 05/27/2020  6:46 pm Show Profile   Bookmark this topic Add Wideglide to your friends list Get a Link to this Message Number of Subscribers
Is this guy nuts?!? Should offer the $40 it's worth.

https://www.ebay.com/itm/1884-O-GSA...201763690706
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westernsky's Avatar
United States
7618 Posts
 Posted 05/27/2020  6:56 pm  Show Profile   Bookmark this reply Add westernsky to your friends list Get a Link to this Reply
I don't know if he's nuts, but most likely he won't pay you any where near triple digits if you were to walk in to his shop with one just like it you'd like to sell!

I always thought his coins were over-graded and over-priced.

Looks like things haven't changed much.
Edited by westernsky
05/27/2020 7:39 pm
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kanga's Avatar
United States
5825 Posts
 Posted 05/27/2020  7:03 pm  Show Profile   Bookmark this reply Add kanga to your friends list Get a Link to this Reply
IMO NGC was generous on its grading which would make your $40 offer a bit generous also.
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mtuma3's Avatar
United States
744 Posts
 Posted 05/27/2020  7:17 pm  Show Profile   Bookmark this reply Add mtuma3 to your friends list Get a Link to this Reply
I've seen GSA soft packs go for $450 or so. There are rarer than the boxed ones nowadays...
Mark
ANA Member

My7070
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matthewvincent's Avatar
United States
3486 Posts
 Posted 05/27/2020  7:17 pm  Show Profile   Bookmark this reply Add matthewvincent to your friends list Get a Link to this Reply
I looked over his offer of Barber dimes.
Many were "improperly cleaned."
Overpriced to boot.
He is not to be dealt with.

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GrapeCollects's Avatar
United States
8938 Posts
 Posted 05/27/2020  7:45 pm  Show Profile   Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply
Hey guys.

I actually know the seller in question, actually, I work for him.

I'm not denying he overprices things, especially when it comes to cleaned coins. I will note however this listing is 8 years old, and the price hasn't been changed during that time. Usually in these situations Julian can be amenable. I'll send him a text and ask for a price revision.
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suipakpaikungfu's Avatar
United States
992 Posts
 Posted 05/27/2020  9:02 pm  Show Profile   Bookmark this reply Add suipakpaikungfu to your friends list Get a Link to this Reply
Good to know!
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jbuck's Avatar
United States
188213 Posts
 Posted 05/28/2020  12:33 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
I'll send him a text and ask for a price revision.
He is wise to keep you employed.
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ratman4762's Avatar
United States
2520 Posts
 Posted 05/28/2020  1:06 pm  Show Profile   Bookmark this reply Add ratman4762 to your friends list Get a Link to this Reply

Quote:
I will note however this listing is 8 years old, and the price hasn't been changed during that time.


I dunno about that.....Ebay listing shows price revisions on:

Feb 22, 2020
02:32:58 PM PST
Buy It Now Price

Apr 10, 2020
07:55:13 PM PDT
Buy It Now Price

Apr 14, 2020
05:46:14 PM PDT
Buy It Now Price

I'm just saying.....
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trdhrdr007's Avatar
United States
2335 Posts
 Posted 05/28/2020  1:44 pm  Show Profile   Bookmark this reply Add trdhrdr007 to your friends list Get a Link to this Reply
GSA soft packs on ebay generally run a minimum of $75 and go up from there. This one seems way over priced.
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Wideglide's Avatar
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646 Posts
 Posted 05/28/2020  3:10 pm  Show Profile   Bookmark this reply Add Wideglide to your friends list Get a Link to this Reply

Quote:
GSA soft packs on ebay generally run a minimum of $75 and go up from there


That's still overpriced. The GSA moniker really means nothing. An AU-58 Morgan is an AU-58 Morgan. But you do get that cool beer chip, though...
Edited by Wideglide
05/28/2020 3:14 pm
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ksammut's Avatar
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1003 Posts
 Posted 05/28/2020  3:54 pm  Show Profile   Bookmark this reply Add ksammut to your friends list Get a Link to this Reply
Looks like I'll have to save up
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Wideglide's Avatar
United States
646 Posts
 Posted 05/28/2020  9:34 pm  Show Profile   Bookmark this reply Add Wideglide to your friends list Get a Link to this Reply
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Heymikep's Avatar
United States
824 Posts
 Posted 05/28/2020  10:24 pm  Show Profile   Bookmark this reply Add Heymikep to your friends list Get a Link to this Reply

Quote:
I will note however this listing is 8 years old
,
Ok, I do not understand this? If it has been for sale for 8 years at this price then it sounds like he doesn't want to sell it. If he doesn't want to sell it then why keep posting it? I have seen many sellers on ebay that keep reposting the same coins at the same price for months if not years. My question is WHY? Are they waiting for gullible buyers? Are they waiting for the price to eventually rise to the value for what they are trying to sell it for? Can someone please explain this to me?
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fortcollins's Avatar
United States
3642 Posts
 Posted 05/28/2020  11:22 pm  Show Profile   Bookmark this reply Add fortcollins to your friends list Get a Link to this Reply
GSA Soft Packs are a niche collectible. It isn't about the coin. It's about the history of the GSA sale and its importance to coin collecting. I've been at this 45 years now, and IIRC, I've only handled two or three soft packs in that time. They weren't popular at the time, and many were opened on the spot. They are scarce today.
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GrapeCollects's Avatar
United States
8938 Posts
 Posted 05/28/2020  11:56 pm  Show Profile   Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply

Quote:
dunno about that.....Ebay listing shows price revisions on:


According to the description it was listed by Martin who left our company 8 years ago.


Quote:
Ok, I do not understand this? If it has been for sale for 8 years at this price then it sounds like he doesn't want to sell it. If he doesn't want to sell it then why keep posting it? I have seen many sellers on ebay that keep reposting the same coins at the same price for months if not years. My question is WHY? Are they waiting for gullible buyers? Are they waiting for the price to eventually rise to the value for what they are trying to sell it for? Can someone please explain this to me?


Trust me, he does want to sell it. He's a serious old timer who doesn't like to admit prices have gone down over the years. Basically sometimes we just wait for the right buyer. A few months ago somebody bought something he'd had for sale since 1986. Granted it wasn't on ebay till the mid 2000's but it sold in November after a few decades at near full asking price.


Quote:
Jeez, here's another one.


Sorry, but this one falls on you. That's a fair price. Look at the label. It's VAM 14.6, which is quite rare. Not trying to sound snide, but with some series you need to be well informed on them before making statements on prices. Large cents and Half Cents are another great example of this.
http://ec2-13-58-222-16.us-east-2.c...-P_VAM-14.16
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