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Throwing Numbers Around Without Thinking.....

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Locked

822 Posts
 Posted 11/08/2010  11:45 am Show Profile   Bookmark this topic Add scubu to your friends list Get a Link to this Message Number of Subscribers
I was just reading elsewhere about this listing. Someone questioned the seller about whether or not the listing was deceptive, by showing three coins in all the pictures but the price is only for one. The sellers response was, in a nutshell, "I've sold a million silver dollars since 1989 so I know what I'm doing."

OK fine, lets do some simple arithmetic. 1989 was 21 years ago.

1,000,000 / 21 = 47,619 per year.
47,619 / 12 = 3,968 per month
3,968 / 30 = 132 per day
132 / 24 = 5 per hour

Is anyone else buying that this guy averaged selling 5 silver dollars per hour (24 hours a day) for 21 years?

Moral of the story: Be careful spewing random numbers while being cocky, some idiot might actually do the math.
Valued Member
TenSense's Avatar
United States
364 Posts
 Posted 11/08/2010  12:00 pm  Show Profile   Bookmark this reply Add TenSense to your friends list Get a Link to this Reply
I HATE listings where ten coins or something are shown and then the fine print says "One(1) coin from this lot".

It's deceptive and crooked. The seller knows it, and ebay knows it. So of course they do nothing.
Pillar of the Community
Libertad's Avatar
Canada
3692 Posts
 Posted 11/08/2010  1:28 pm  Show Profile   Bookmark this reply Add Libertad to your friends list Get a Link to this Reply
A million is just an arbitrary number, you can't take that LITERALLY! Most people can't even count to a million so I disregard what most people say.
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chris12018's Avatar
United States
2130 Posts
 Posted 11/08/2010  1:40 pm  Show Profile   Bookmark this reply Add chris12018 to your friends list Get a Link to this Reply
I copied your math problem and sent it to the seller.
Let's wait to see what his reply is.
Pillar of the Community
timsumrall's Avatar
United States
1256 Posts
 Posted 11/08/2010  2:35 pm  Show Profile   Bookmark this reply Add timsumrall to your friends list Get a Link to this Reply
Business Kontact info seems a bit Konvoluted. I would have a hard time buying from this Daniel where ever he's from.
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mycrob's Avatar
United States
2602 Posts
 Posted 11/08/2010  4:11 pm  Show Profile   Bookmark this reply Add mycrob to your friends list Get a Link to this Reply
Wow, that listing is really confusing. I immediately thought I was getting all three and then you realize there is 1-3 you could buy, and even then I'm wondering oh he must have 3 lots of 3. I don't think he explicitly says anywhere you are getting only one of the three.
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chris12018's Avatar
United States
2130 Posts
 Posted 11/08/2010  4:34 pm  Show Profile   Bookmark this reply Add chris12018 to your friends list Get a Link to this Reply
Here is his reply;


Quote:
Dear chris12018,

I worked for a large modern coin company for 12 years and the numbers are true.


- icoinbiz
Valued Member
RealPeso's Avatar
United States
426 Posts
 Posted 11/08/2010  10:43 pm  Show Profile   Bookmark this reply Add RealPeso to your friends list Get a Link to this Reply
I hate listings like that too!


Quote:
Dear chris12018,

I worked for a large modern coin company for 12 years and the numbers are true.


- icoinbiz


Maybe he worked for good ol' HSN ha ha ha
Edited by RealPeso
11/08/2010 10:47 pm
Valued Member
Sprucansailor's Avatar
United States
188 Posts
 Posted 11/08/2010  11:05 pm  Show Profile   Bookmark this reply Add Sprucansailor to your friends list Get a Link to this Reply
Hmmm, I do not understand much German but I like his location: Bevery Hills, Kalifornia, Germany

Is this the part that says one?:
Wir garantieren fuer die Echtheir der von uns verkauften Muenzen


Locked
822 Posts
 Posted 11/09/2010  1:18 pm  Show Profile   Bookmark this reply Add scubu to your friends list Get a Link to this Reply

Quote:
A million is just an arbitrary number, you can't take that LITERALLY!


Oh no, he was dead serious.
Bedrock of the Community
Conder101's Avatar
United States
17884 Posts
 Posted 11/09/2010  2:11 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
So you are talking an average of one bag of dollars a week. Sure I could believe that.
Locked
822 Posts
 Posted 11/09/2010  2:19 pm  Show Profile   Bookmark this reply Add scubu to your friends list Get a Link to this Reply

Quote:
So you are talking an average of one bag of dollars a week. Sure I could believe that.


A thousand a week for 21 straight years? Sorry, I'm not. I'd bet a dollar Heritage doesn't average a thousand silver dollars a week.
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vermontensium's Avatar
United States
16679 Posts
 Posted 11/10/2010  06:09 am  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
That's great scubu!
Just another storyteller with a head the size of a hot air balloon.
A large modern coin company huh?
swcoin.ecrater.com
Valued Member
slash112's Avatar
United States
368 Posts
 Posted 11/10/2010  10:39 am  Show Profile   Bookmark this reply Add slash112 to your friends list Get a Link to this Reply
funny but if you don't want something I was told to just move on and not say a word
funny that everyone says something different
Valued Member
slash112's Avatar
United States
368 Posts
 Posted 11/10/2010  10:39 am  Show Profile   Bookmark this reply Add slash112 to your friends list Get a Link to this Reply
oh yeah for the record I am all about calling people out
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