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$9m Estate W Coins On Ebay $500k Reserve

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New Member

Canada
7 Posts
 Posted 07/19/2009  1:22 pm Show Profile   Bookmark this topic Add Toronto Missy to your friends list Get a Link to this Message Number of Subscribers
For anyone interested

http://cgi.ebay.com/ws/eBayISAPI.dl...270423870972

I will let this link stand but please review
the RULES concerning posting links
for new members
-GO
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Napoleon31ft's Avatar
United States
528 Posts
 Posted 07/19/2009  1:42 pm  Show Profile   Bookmark this reply Add Napoleon31ft to your friends list Get a Link to this Reply
I dont even know what to say about that.
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wd1040's Avatar
United States
3098 Posts
 Posted 07/19/2009  2:07 pm  Show Profile   Bookmark this reply Add wd1040 to your friends list Get a Link to this Reply
Maybe "Can you please sell the coins in a separate lot? I don't have that much to pay for the artwork!"

Well, at least this guy has free shipping.
New Member
Canada
7 Posts
 Posted 07/19/2009  2:17 pm  Show Profile   Bookmark this reply Add Toronto Missy to your friends list Get a Link to this Reply
*laffing* this is not my collection, and yes what can you say about putting out $500k for something sight unseen?!?!
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Tim Stroud's Avatar
United States
2661 Posts
 Posted 07/19/2009  5:52 pm  Show Profile   Bookmark this reply Add Tim Stroud to your friends list Get a Link to this Reply
Forget the coins for just one minute and think about this. 20 Picasso's, 6 works from Degas, 1 Van Gogh and a Monet. We are expected to believe that such works are to be sold on the bay for a micro fraction of what they would bring at real auction house such as Lloyd's or Sotheby's I don't think so. But then again I may be wrong.
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Peter THOMAS's Avatar
Australia
2830 Posts
 Posted 07/19/2009  7:01 pm  Show Profile   Bookmark this reply Add Peter THOMAS to your friends list Get a Link to this Reply
four hours to go: 55 bids; upto $236k.
The header describes it as "Estate Lot", but the text states that the Consignor is still alive.
If the auction were in Oz, I'd be worried about the claw-back provisions of the Bankruptcy Act.
Maybe I'm just old-fashioned, but I can't imagine any sane person handing over that sort of money without a close physical inspection.
Peter
Temp: 22.5°C at 8.32am
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United States
1231 Posts
 Posted 07/19/2009  7:43 pm  Show Profile   Bookmark this reply Add onejinx to your friends list Get a Link to this Reply
Well my collection of coins is worth that much as long as I tell everyone they are all PRF & MS70 coins.
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vermontensium's Avatar
United States
16677 Posts
 Posted 07/19/2009  9:49 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:
Maybe I'm just old-fashioned, but I can't imagine any sane person handing over that sort of money without a close physical inspection

No kidding. I can't understand why anyone would put up this kind of money for something they haven't seen for themselves first (and with several experts to confirm their authenticity) or some person on ebay they haven't even met. Our economy will tell you everything you need to know.
swcoin.ecrater.com
Rest in Peace
coinguybrian's Avatar
United States
5375 Posts
 Posted 07/19/2009  10:22 pm  Show Profile   Bookmark this reply Add coinguybrian to your friends list Get a Link to this Reply
It looks like he is buying tons of stuff on ebay, and I'm sure if I checked them all out, it would add up to one huge scam. Someone should bust this guy.
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chequer's Avatar
Canada
4227 Posts
 Posted 07/19/2009  10:41 pm  Show Profile   Bookmark this reply Add chequer to your friends list Get a Link to this Reply
That is just really odd . These should clearly be at Sotheby's or some place other than ebay...
Rest in Peace
pls's Avatar
United States
1729 Posts
 Posted 07/19/2009  11:28 pm  Show Profile   Bookmark this reply Add pls to your friends list Get a Link to this Reply
I want to be the winning bidder's new best friend!
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Amazon99's Avatar
United States
2443 Posts
 Posted 07/20/2009  8:21 pm  Show Profile   Bookmark this reply Add Amazon99 to your friends list Get a Link to this Reply
I don't understand why someone would take all of this and lump it together and put it for sale on ebay?

I'm pretty sure that if he sold those paintings at 75% off of there value, he would probably find some buyers easily. Though the thing I don't understand is that with all of those gold coins, why doesn't the seller just go to a coin shop and sell them? He would get more money these two ways than by going through ebay.



If it's too good to be true...
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Morgans Dad's Avatar
United States
5604 Posts
 Posted 07/20/2009  8:47 pm  Show Profile   Bookmark this reply Add Morgans Dad to your friends list Get a Link to this Reply
It is things like this that feed the cynical side of my life, 9 million estimated value and must sell, and the winner walks off with all the stated artwork, coins, figurines, etc, all for less than $300K?
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mycrob's Avatar
United States
2602 Posts
 Posted 07/21/2009  4:56 pm  Show Profile   Bookmark this reply Add mycrob to your friends list Get a Link to this Reply
I saw this auction before I saw this thread. This seller has been doing these large estate auctions for the last year or two, most of them ending between 25K and 100K. I've watched a few of them, but not interested because it is sight unseen and have no idea if stuff is authentic. However, buyer feedbacks have been uniformly positive on prior lots.

I am still very skeptical of the art being authentic. But if everything in there is authentic, that buyer just get a great deal.
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wd1040's Avatar
United States
3098 Posts
 Posted 07/30/2009  04:16 am  Show Profile   Bookmark this reply Add wd1040 to your friends list Get a Link to this Reply
Thanks for bumping this! I can't believe someone bought it for $240k!
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thekidcollector's Avatar
Kuwait
1523 Posts
 Posted 07/30/2009  04:27 am  Show Profile   Bookmark this reply Add thekidcollector to your friends list Get a Link to this Reply
In this hobby, if you have money, you can buy what you want.
IF you don't you look at the people spending over hundred K's on coins and artifacts.
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