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$20 Double Eagle, What Do You Think About It's Authenticity From Photos? (1924)

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Coinfrog's Avatar
United States
94367 Posts
 Posted 11/26/2022  2:23 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
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thecoinguy1964's Avatar
United States
1309 Posts
 Posted 11/26/2022  4:09 pm  Show Profile   Bookmark this reply Add thecoinguy1964 to your friends list Get a Link to this Reply
Bought & sold, dare not say what I sold it for.....
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Keith67's Avatar
United States
6554 Posts
 Posted 11/26/2022  4:38 pm  Show Profile   Bookmark this reply Add Keith67 to your friends list Get a Link to this Reply

Quote:
Bought & sold, dare not say what I sold it for.....

Are you saying you sold a coin without seeing it?
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CarrsCoins's Avatar
United States
756 Posts
 Posted 11/26/2022  4:39 pm  Show Profile   Bookmark this reply Add CarrsCoins to your friends list Get a Link to this Reply
we have very different morals
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Coinfrog's Avatar
United States
94367 Posts
 Posted 11/26/2022  6:13 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Apparently.
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BH1964's Avatar
United States
10982 Posts
 Posted 11/26/2022  6:44 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply

Quote:
I was not trying to rip the guy off with a $1,500 offer, that's 10% below melt.


I understand. You can certainly offer any amount. Someone who accepts that offer would be sending a red flag that it might be counterfeit, stolen, etc. Some other people might have a genuine $20 Saint with no idea what it was worth and be thrilled with $1500 for it.

Years ago a guy I knew owned a small, LCS and routinely offered well back of melt buying silver and gold. An elderly woman I knew took him about $200 in gold and walked out with $80 and was happy as a clam. True story.
ANA #R3154474
Valued Member
United States
480 Posts
 Posted 11/26/2022  6:47 pm  Show Profile   Bookmark this reply Add Jerry Picker to your friends list Get a Link to this Reply
All I can say is WOW, now I see what the 10% is for
Edited by Jerry Picker
11/26/2022 6:54 pm
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wallyb's Avatar
Canada
557 Posts
 Posted 11/26/2022  6:57 pm  Show Profile   Bookmark this reply Add wallyb to your friends list Get a Link to this Reply
Not sure where the morale dilemma comes from here. As long as the item for sale is what it's purported to be and the buyer doesn't attempt to mislead the seller, the sale is kosher. When's the last time a LCS paid premium prices for any coin, or sold the same coin for fair market value?
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jimbucks's Avatar
United States
4692 Posts
 Posted 11/26/2022  7:04 pm  Show Profile   Bookmark this reply Add jimbucks to your friends list Get a Link to this Reply
IF it's fake, a legal can of worms has been opened. Someone will lose.
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Keith67's Avatar
United States
6554 Posts
 Posted 11/26/2022  7:19 pm  Show Profile   Bookmark this reply Add Keith67 to your friends list Get a Link to this Reply

Quote:
IF it's fake, a legal can of worms has been opened. Someone will lose.

Thats why I ask
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52Raymo's Avatar
United States
8516 Posts
 Posted 11/26/2022  11:39 pm  Show Profile   Check 52Raymo's eBay Listings Bookmark this reply Add 52Raymo to your friends list Get a Link to this Reply
I don't see the moral dilemma here. We all try and find a bargain.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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thecoinguy1964's Avatar
United States
1309 Posts
 Posted 11/27/2022  08:49 am  Show Profile   Bookmark this reply Add thecoinguy1964 to your friends list Get a Link to this Reply
I'm a bit taken back by some of the negative comments on here, and you know who you are. I've been called a "rip off artist", and accused of not having any morals, with none of you knowing the particulars or anything about me. I can't beleive the moderators would allow such. I do appreciate a couple of you stepping up & defending me, 52Raymo & wallyb. Have a nice day.
Edited by thecoinguy1964
11/27/2022 4:16 pm
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twslisa's Avatar
United States
790 Posts
 Posted 11/27/2022  09:05 am  Show Profile   Bookmark this reply Add twslisa to your friends list Get a Link to this Reply
I can't say anything about the coin, but if he takes you up on the $1,500, it seems to me this might support some of the doubts about authenticity, if melt value for the real thing is $1,700.

I don't see your offer as a rip-off, though—people make lowball offers on coins all the time. Nobody says he has to take it.
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kbbpll's Avatar
United States
4233 Posts
 Posted 11/27/2022  09:34 am  Show Profile   Bookmark this reply Add kbbpll to your friends list Get a Link to this Reply
I think it's the part where you start by questioning its authenticity and then flip it in under three hours that raises some concerns.
Valued Member
United States
480 Posts
 Posted 11/27/2022  09:41 am  Show Profile   Bookmark this reply Add Jerry Picker to your friends list Get a Link to this Reply
The OP posted here to see if he could confirm it was real. He didn't get a definitive answer, so he offers 10% below melt and gets the coin. Then he finds a buyer for the coin without even having the coin in hand. The fact that he gets it below melt and then sells it without knowing if it is genuine doesn't seem to be too concerning to a few people here. I for one would never sell something I didn't have in hand. I was in no way supporting you. My WOW was meant to say "I can't believe what you did" @4:45 PM I see the OP removed my name from his list of assenters.
Edited by Jerry Picker
11/27/2022 4:45 pm
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