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If This Isn't A Scam, Whoever Is Selling This As Their First

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Rest in Peace
coinguybrian's Avatar
United States
5375 Posts
 Posted 01/17/2009  3:31 pm Show Profile   Bookmark this topic Add coinguybrian to your friends list Get a Link to this Message Number of Subscribers
sale is really a fool. The coin has a numismedia value of $50000+ and probably won't reach 25K.

http://cgi.ebay.com/RARE-1806-4-2-1...62_W0QQitemZ180320924178QQcmdZViewItemQQptZCoins_US_Individual?hash=item180320924178&_trksid=p3286.c0.m14&_trkparms=72:1205|66:4|65:12|39:1|240:1318|301:1|293:1|294:200

Then again, he probably won't honor the sale....
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KurtS's Avatar
United States
5318 Posts
 Posted 01/17/2009  4:10 pm  Show Profile   Bookmark this reply Add KurtS to your friends list Get a Link to this Reply
If that's legit, I don't understand why it was sold on ebay.
That would get a lot of publicity on a Heritage auction, and a much higher closing methinks.
Still, can't feel bad if a collector got a smokin' deal.
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coinguybrian's Avatar
United States
5375 Posts
 Posted 01/17/2009  4:31 pm  Show Profile   Bookmark this reply Add coinguybrian to your friends list Get a Link to this Reply
Could be inheritance, or something. Still, I talked to the seller over email, and 'she' seemed a bit dodgy, so I have strong doubts about that. I mean, if it was a scam, what could they do, though? It's NGC certified and has a money back guarantee. Fake slab?
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BH1964's Avatar
United States
10982 Posts
 Posted 01/17/2009  4:33 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
The cert number checks out with NGC. The seller just joined ebay 3 days ago though!

Two thoughts: 1) Stolen or 2) Counterfeit slab.

Something about the reverse doesn't look right but it could be the pics.

This auction smells like trouble.
ANA #R3154474
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coinguybrian's Avatar
United States
5375 Posts
 Posted 01/17/2009  4:34 pm  Show Profile   Bookmark this reply Add coinguybrian to your friends list Get a Link to this Reply
Stolen crossed my mind too. When I talked to the seller and explained that they got royally ripped off at that amount, they kept telling me to make an offer, even after I said I couldn't afford it. It might be wise to report the auction.
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KurtS's Avatar
United States
5318 Posts
 Posted 01/17/2009  4:40 pm  Show Profile   Bookmark this reply Add KurtS to your friends list Get a Link to this Reply
Not to get all vigilante or anything, but if a coin like this were stolen, wouldn't ebay be the first place to check?
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vermontensium's Avatar
United States
16679 Posts
 Posted 01/17/2009  5:47 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply

Quote:
It might be wise to report the auction.


Just to be on the safe side.
swcoin.ecrater.com
Locked
822 Posts
 Posted 01/17/2009  6:03 pm  Show Profile   Bookmark this reply Add scubu to your friends list Get a Link to this Reply

Quote:
Not to get all vigilante or anything, but if a coin like this were stolen, wouldn't ebay be the first place to check?


Only the photos need to be stolen.
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coinguybrian's Avatar
United States
5375 Posts
 Posted 01/17/2009  9:09 pm  Show Profile   Bookmark this reply Add coinguybrian to your friends list Get a Link to this Reply
Can someone tell me how to properly contact them? I went into the security center and kept hitting dead ends
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gawd0wns's Avatar
Canada
464 Posts
 Posted 01/18/2009  1:26 pm  Show Profile   Bookmark this reply Add gawd0wns to your friends list Get a Link to this Reply
If it is legit, saying the buyer got a great deal would be an understatment.
Quite a big "If".
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coinguybrian's Avatar
United States
5375 Posts
 Posted 01/19/2009  04:34 am  Show Profile   Bookmark this reply Add coinguybrian to your friends list Get a Link to this Reply
Oh, I can use the CCF link. This is extremely convenient.
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AuldFartte's Avatar
United States
830 Posts
 Posted 01/19/2009  11:00 am  Show Profile   Bookmark this reply Add AuldFartte to your friends list Get a Link to this Reply

Quote:
Only the photos need to be stolen.


Bingo. The seller undoubtedly doesn't even own the coin, or have it in his possession. I've seen this kind of scam on e-bilge for a long time.
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KurtS's Avatar
United States
5318 Posts
 Posted 01/19/2009  11:53 am  Show Profile   Bookmark this reply Add KurtS to your friends list Get a Link to this Reply
Hmmm...valid points raised. Particularly since the seller has a "0" rating.
Say this is outright fraud, and the seller joined ebay to commit just this one transaction.
Given the auction closing price, would it be easy to set up a bogus account for PayPal?
String the buyer along while the money clears, and then goodbye forever?
--not that I usually think along these lines.

On the other hand, the photos of the coin don't appear to be cobbled from Heritage, Bowers, or Stacks--not their usual quality for a coin this high-end.
So do we think it's possible this was sold on ebay before?
Btw, I think it's absolutely crazy to bid $20K on an ebay where the seller has no prior history
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bobby131313's Avatar
United States
24165 Posts
 Posted 01/19/2009  11:58 am  Show Profile   Bookmark this reply Add bobby131313 to your friends list Get a Link to this Reply
Kurt, I think the seller needs to be Paypal verified to receive that much money. That would not be easy to do and get away with.
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KurtS's Avatar
United States
5318 Posts
 Posted 01/19/2009  1:06 pm  Show Profile   Bookmark this reply Add KurtS to your friends list Get a Link to this Reply
Bobby--thanks...I was wondering about that.
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coinguybrian's Avatar
United States
5375 Posts
 Posted 01/22/2009  08:32 am  Show Profile   Bookmark this reply Add coinguybrian to your friends list Get a Link to this Reply
Reported awhile ago, nothing yet.
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