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06-27-2009, 12:00 AM
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#16 (permalink)
| | Indian Buffalo Gatherer
Join Date: Feb 2009 Location: San Antonio
Posts: 6,322
My Mood:  | Quote:
Originally Posted by Mark Feld  I think the seller is a legitimate high profile dealer and not a scammer. | Agreed, nothing leads me to believe that this person is a scammer.
And to the OP, thanks for the link, those are some nice coins that, that seller has up for sale
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06-27-2009, 01:05 AM
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#17 (permalink)
| | A closed mind is no mind
Join Date: Feb 2007 Location: Southern tip of that big pond known as Lake Michigan.
Posts: 5,747
| Quote:
Originally Posted by Mark Feld I think the seller is a legitimate high profile dealer and not a scammer. |
You're respected in these parts Mark Feld so can you spill the beans if you know the dealer?
I haven't bid in ages myself but anyone selling such high dollar coins to START on ebay makes me real suspicious.
Unfortunately that is a twist that ebay has taken.
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A closed mind is no mind at all...
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06-27-2009, 08:13 AM
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#18 (permalink)
| | Senior Citizen
Join Date: Aug 2008 Location: New Jersey
Posts: 479
My Mood:  | Quote:
Originally Posted by clembo You're respected in these parts Mark Feld so can you spill the beans if you know the dealer?
I haven't bid in ages myself but anyone selling such high dollar coins to START on ebay makes me real suspicious.
Unfortunately that is a twist that ebay has taken. | Agreed, and the fact is he may well be legimate... but you have to question why a dealer would list 1.5 million worth of coins on eBay as a new seller. I understand everyone has to start somewhere, but if you are a high profile dealer, wouldn't it make sense to state that on your auction page? At least have a "me" page and be ID verified; anything to give the buyer a little confidence. He does have good feedback for some coins over $1000; but that in itself would not be enough for me make an offer. As fas as the OP regarding rarity... is there any history on the sale of these pattern coins?
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Jim
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06-27-2009, 11:27 AM
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#19 (permalink)
| | Indian Buffalo Gatherer
Join Date: Feb 2009 Location: San Antonio
Posts: 6,322
My Mood: | Quote:
Originally Posted by jloring Agreed, and the fact is he may well be legimate... but you have to question why a dealer would list 1.5 million worth of coins on eBay as a new seller. I understand everyone has to start somewhere, but if you are a high profile dealer, wouldn't it make sense to state that on your auction page? At least have a "me" page and be ID verified; anything to give the buyer a little confidence. He does have good feedback for some coins over $1000; but that in itself would not be enough for me make an offer. As fas as the OP regarding rarity... is there any history on the sale of these pattern coins? | Everyone is just speculating here. There is nothing that should lead any of us to believe that he is a bad dealer, or a scam artist.
Tell ya' what, let's keep an eye on this seller, and I'd like to be proven wrong. I honestly just think that this guy is a dealer, with nice coins, and selling some of the things he can't sell on ebay, just to see if anybody will buy them.
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06-27-2009, 11:40 AM
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#20 (permalink)
| | Rare coin dealer
Join Date: Dec 2007 Location: San Diego
Posts: 1,671
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Originally Posted by jloring Agreed, and the fact is he may well be legimate... but you have to question why a dealer would list 1.5 million worth of coins on eBay as a new seller. I understand everyone has to start somewhere, but if you are a high profile dealer, wouldn't it make sense to state that on your auction page? At least have a "me" page and be ID verified; anything to give the buyer a little confidence. He does have good feedback for some coins over $1000; but that in itself would not be enough for me make an offer. As fas as the OP regarding rarity... is there any history on the sale of these pattern coins? | Those are certainly fair points as far as I'm concerned. But the fact that you and I would do things differently doesn't say anything about the seller being a scammer. Based on the seller's location, I have a couple of ideas regarding who it is and am trying to verify it.
By the way, it is not that uncommon for some sellers to list very high value items, not with the intent of actually selling them on Ebay, but rather, in order to elicit inquiries and possibly obtain new clients.
I have viewed a handful of the 1916 pattern Walkers over the years and think they are really cool coins.
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06-27-2009, 12:05 PM
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#21 (permalink)
| | Rare coin dealer
Join Date: Dec 2007 Location: San Diego
Posts: 1,671
|  OK, so I just confirmed who the seller is....
I checked a few of the listings/images and saw the same label on the back of each coin holder. It included the letters "RLHE" and a phone number, which is the number for well known dealer Robert L. Hughes. He was one of the three dealers on my guess list.
Last edited by Mark Feld; 06-27-2009 at 12:14 PM.
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06-27-2009, 12:11 PM
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#22 (permalink)
| | Senior Citizen
Join Date: Aug 2008 Location: New Jersey
Posts: 479
My Mood: |
Well, that settles that!
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Jim
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06-27-2009, 12:18 PM
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#23 (permalink)
| | Senior Member
Join Date: Jun 2009 Location: Charleston, SC
Posts: 422
My Mood:  |
Good to hear that this is actually a well respected dealer. I never said he wasn't, I was just being justifiably cautions and suspicious.
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06-27-2009, 12:22 PM
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#24 (permalink)
| | Rare coin dealer
Join Date: Dec 2007 Location: San Diego
Posts: 1,671
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Originally Posted by physics-fan3.14 Good to hear that this is actually a well respected dealer. I never said he wasn't, I was just being justifiably cautions and suspicious. | I don't blame you in the least. Now, as for the "well respected" part - that depends largely on his cash flow.  | |
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06-27-2009, 12:29 PM
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#25 (permalink)
| | Member
Join Date: Jun 2009
Posts: 52
My Mood:  |
Confirmed Mark's comments.
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06-27-2009, 03:39 PM
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#26 (permalink)
| | Village Idiot
Join Date: Jul 2003 Location: Chicago
Posts: 2,496
My Mood:  | Quote:
Originally Posted by Mark Feld By the way, it is not that uncommon for some sellers to list very high value items, not with the intent of actually selling them on Ebay, but rather, in order to elicit inquiries and possibly obtain new clients. | Or in the case of places like Coin Vault I have seen them in the past list stuff on eBay with ridiculous prices and then make claims on the air that these pieces are listed on eBay for said prices to bolster credibility for their on-air pricing.
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A long term marriage is the process of falling in love with the same person over and over.
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06-27-2009, 08:00 PM
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#27 (permalink)
| | What Goes Around Comes A
Join Date: Apr 2008 Location: Chicago
Posts: 5,447
My Mood:  | Quote:
Originally Posted by mikenoodle Or in the case of places like Coin Vault I have seen them in the past list stuff on eBay with ridiculous prices and then make claims on the air that these pieces are listed on eBay for said prices to bolster credibility for their on-air pricing. | I always wondered where they got those ridiculus prices , guess that's one way .
rzage
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06-28-2009, 01:23 AM
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#28 (permalink)
| | Village Idiot
Join Date: Jul 2003 Location: Chicago
Posts: 2,496
My Mood: |
It appears to me to be twice the regular retail price fairly consistently.
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A long term marriage is the process of falling in love with the same person over and over.
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06-28-2009, 01:01 PM
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#29 (permalink)
| | Dental Student
Join Date: Mar 2006 Location: Oregon
Posts: 5,382
My Mood:  |
I would certainly be cautious with a seller who has low feedback or is a new seller just because they don't have much of a history on eBay. But, I can't imagine buying really high end coins on eBay anyway. I just don't trust eBay enough. I would think if the seller really wanted to sell these coins they would be on HA...which is a much more respected and serious venue for high dollar coins IMHO.
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07-04-2009, 11:06 PM
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#30 (permalink)
| | Senior Member
Join Date: Jul 2009
Posts: 315
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Could the seller be Bobby Hughes?
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