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The Ultimate Sucker Auction

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Author Previous TopicReplies: 8 / Views: 1,418Next Topic  
Valued Member
SPQR's Avatar
United States
327 Posts
 Posted 06/26/2009  10:22 am Show Profile   Bookmark this topic Add SPQR to your friends list Get a Link to this Message Number of Subscribers
Is this even legal per ebay rules? Nowhere in the auction does the seller actually state what it is he's selling!
http://cgi.ebay.com/25-LOT-OF-WHOLE...NG_W0QQitemZ a href= https://www.coincommunity.com/go/link.asp?target=https://www.ebay.com/itm/-/370219555054 target= _blank rel= nofollow 370219555054 /a QQcmdZViewItemQQptZCoins_US_Individual?hash=item5632ce18ee&_trksid=p3286.c0.m14&_trkparms=65:12|66:2|39:1|72:1205|240:1318|301:1|293:1|294:50
Is anyone really stupid enough to bid on a pig in a poke like this?
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GO's Avatar
United States
6563 Posts
 Posted 06/26/2009  10:42 am  Show Profile   Check GO's eBay Listings Bookmark this reply Add GO to your friends list Get a Link to this Reply
Yeah you are doing a blind bid and you "could get lucky" with a few but they are wanting to dump their excess coins

Reported
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collect4fun's Avatar
United States
1151 Posts
 Posted 06/26/2009  8:26 pm  Show Profile   Bookmark this reply Add collect4fun to your friends list Get a Link to this Reply
What the heck does this mean?


Quote:
AG = 50% OF GOOD BID
G = 70% OF GOOD BID
VG = 80% OF VERY GOOD BID
FINE = 90% OF FINE BID
VERY FINE = 95% OF VF BID
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ratman4762's Avatar
United States
2520 Posts
 Posted 06/26/2009  10:06 pm  Show Profile   Bookmark this reply Add ratman4762 to your friends list Get a Link to this Reply

Quote:
What the heck does this mean?



Quote:
AG = 50% OF GOOD BID
G = 70% OF GOOD BID
VG = 80% OF VERY GOOD BID
FINE = 90% OF FINE BID
VERY FINE = 95% OF VF BID

It's pretty obvious that he is selling wholesale lots of coins in increments of $25.00. If you tell him you want coins that grade "very good" you are getting 20% off greysheet bid price ($10.00 coin for $8.00) So for $25.00 you will be getting at least $30.00 worth of coins. You pick the grades of the coins you want, He picks dates...the only thing unclear to me is who picks the denominations. Anytime you purchase any kind of lot on ebay that doesn't show you pics of exactly what you're getting....it's a crapshoot. This auction isn't any worse that those ones that tell you your'e getting a 1'4 pound of coins for $25.00 that may include ..........(lots of stuff you never get...but you do receive alot of 40's & 50'S Lincolns).
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wetglaswegian's Avatar
United States
917 Posts
 Posted 06/26/2009  10:16 pm  Show Profile   Bookmark this reply Add wetglaswegian to your friends list Get a Link to this Reply
Looks perfectly legal and above board , why report it ? Theres far worse out there.
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vermontensium's Avatar
United States
16677 Posts
 Posted 06/26/2009  11:46 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
I don't see any violations. Yeah, you might get lucky but I doubt it. He's figured it out, the dates I mean. You'll get melt or just above at best. It is a roll of the dice. Don't expect any keys.
swcoin.ecrater.com
Valued Member
gmherps13's Avatar
United States
295 Posts
 Posted 06/28/2009  12:08 pm  Show Profile   Bookmark this reply Add gmherps13 to your friends list Get a Link to this Reply
pretty easy as to what he's selling:

"$25 LOT OF WHOLESALE COINS~TRUE WHOLESALE OFFERING~ "
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Electric_Op_Ltd's Avatar
United States
183 Posts
 Posted 06/28/2009  12:19 pm  Show Profile   Bookmark this reply Add Electric_Op_Ltd to your friends list Get a Link to this Reply
Well its true, the listing states clearly what the terms are, and money back if not happy. Feedback looks ok (2 negatives in last year both in this past month) . Honestly, I don't see a problem. And rememeber - anyone can goof up so don't be too surprised if someone comes up with a semi-key or interesting variety. Otherwise, yeah, probably melt or a bit more.

Bruce
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Bryan1315's Avatar
United States
14454 Posts
 Posted 06/28/2009  12:20 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
it says the Denomination and grade is up to you, all they are saying they will do is give the date they choose. The value is what was stated above, so if you bid 25.00 and a VF coin is 5.00 then you would get 5 of that denomination/grade that you chose
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