+ Reply to Thread
Page 1 of 2 1 2 LastLast
Results 1 to 15 of 17
  1. #1
    Senior Member sweet wheatz's Avatar
    Join Date
    Apr 2009
    Location
    cardington, ohio
    Posts
    1,183

    Rules for selling coins

    If you could set specific rules for selling coins online either in store format or auction format, what rules would you have?

  2. #2
    TC TopcatCoin's Avatar
    Join Date
    Jan 2010
    Location
    New England
    Posts
    1,246
    My Mood
    Happy
    All coins must have a clear picture of obverse and reverse. All shipping/handling/fees must be clearly stated, as well as their return policy. TC

  3. #3
    In Odd we Trust DoK U Mint's Avatar
    Join Date
    May 2009
    Location
    Bluegrass
    Posts
    1,359
    My Mood
    Curmudgeon
    Barter.

    You got fiat? I got "fill in the blank".

    Wanna trade?

    "We're all ignorant, just on Different Subjects." Will Rogers


  4. #4
    Cessna 152 Jockey jallengomez's Avatar
    Join Date
    Jul 2009
    Location
    Duluth, Ga
    Posts
    1,450
    There shall be no fraud. Other than that it's buyer and seller have at it.

  5. #5
    Senior Member sweet wheatz's Avatar
    Join Date
    Apr 2009
    Location
    cardington, ohio
    Posts
    1,183
    Quote Originally Posted by jallengomez View Post
    There shall be no fraud. Other than that it's buyer and seller have at it.
    Fraud is a general term. please elaborate

  6. #6
    doggone it people like me 900fine's Avatar
    Join Date
    Jul 2006
    Posts
    4,730
    My Mood
    Cheerful
    The best rule has always been the Golden Rule :

    "Do for others what you would have them do for you."

    In the context of coin selling, what would that be ?
    • Full Disclosure - Photos which accurately depict the coin coupled with a verbal description summarizing both the good and the bad.
    • Fair Pricing - 'nuff said.
    • Promptness - 'nuff said.
    • Courtesy - 'nuff said.
    • Returns - 100% satisfaction guaranteed with a "no questions asked" return policy.
    • Know your coins - a knowledgeable seller is a happy seller with happy customers.
    I think you will have a very, very high batting average.


  7. #7
    Senior Member sweet wheatz's Avatar
    Join Date
    Apr 2009
    Location
    cardington, ohio
    Posts
    1,183
    The reason I asked this is because I have been working (through email) with a CEO of an online company where people can buy and sell things. Have been helping to moderate the listings. Thought it would be nice to give him a good set of rules when it comes to coins.

  8. #8
    Cessna 152 Jockey jallengomez's Avatar
    Join Date
    Jul 2009
    Location
    Duluth, Ga
    Posts
    1,450
    Quote Originally Posted by sweet wheatz View Post
    Fraud is a general term. please elaborate
    When it comes to selling, deliberate deception and/or misrepresentation.

  9. #9
    Supporter! imrich's Avatar
    Join Date
    Dec 2009
    Location
    Above a white water river in a private fenced/gated/wooded/secluded ~350000 sq.ft. preserve in rural Minnesota
    Posts
    149
    My Mood
    Tolerant

    Successful Rules

    Quote Originally Posted by sweet wheatz View Post
    If you could set specific rules for selling coins online either in store format or auction format, what rules would you have?
    I believe you'll find that generally, you need only have one rule, that being the "Golden Rule". It helps to remember simple rules, such as the customer is always right, patience is the greatest of all virtues, what doesn't kill you makes you stronger, there's no free lunch, and again, the customer is always right. I've been very successful in applying the "rules", and have been rewarded. I don't believe you'll find any simpler consistent rules, but many less successful have tried. Just an old mans' observations, worth at least the amount paid.

  10. #10
    In Odd we Trust DoK U Mint's Avatar
    Join Date
    May 2009
    Location
    Bluegrass
    Posts
    1,359
    My Mood
    Curmudgeon

    Two sides to fraud

    Quote Originally Posted by jallengomez View Post
    When it comes to selling, deliberate deception and/or misrepresentation.
    Two sides to fraud (And now three with folks fixing coinage edges)

    "I'll gladly pay you Tuesday for a Hamburger today" comes to mind.

    I know. Whimpy answer, but few here will know the origin.

    Fraud, to me, is Knowing you are doing the self serving thing with no regard to damage done to another.

    So BUYING below true worth is also fraud.

    So I think "WORTH" is an operative factor and that varies with time.

    Bottled water quite often costs more per unit than gasoline!

    Lack of which one gets you out of your current situation faster?

    Depends.

    "We're all ignorant, just on Different Subjects." Will Rogers


  11. #11
    Cessna 152 Jockey jallengomez's Avatar
    Join Date
    Jul 2009
    Location
    Duluth, Ga
    Posts
    1,450
    Quote Originally Posted by DoK U Mint View Post
    So BUYING below true worth is also fraud.
    I would agree with this only if you deliberately deceive someone into thinking something is worth less than actual market value in order to buy it from them at a ridiculously low price.

  12. #12
    Senior Member sweet wheatz's Avatar
    Join Date
    Apr 2009
    Location
    cardington, ohio
    Posts
    1,183
    Quote Originally Posted by jallengomez View Post
    I would agree with this only if you deliberately deceive someone into thinking something is worth less than actual market value in order to buy it from them at a ridiculously low price.
    How could that be written in rules format?

  13. #13
    In Odd we Trust DoK U Mint's Avatar
    Join Date
    May 2009
    Location
    Bluegrass
    Posts
    1,359
    My Mood
    Curmudgeon
    Runway behind ya.
    Altitude above ya
    and fuel on the ground.

    "We're all ignorant, just on Different Subjects." Will Rogers


  14. #14
    Cessna 152 Jockey jallengomez's Avatar
    Join Date
    Jul 2009
    Location
    Duluth, Ga
    Posts
    1,450
    Quote Originally Posted by sweet wheatz View Post
    How could that be written in rules format?
    Sounds like you probably will not have need for that stipulation, as the buyers will not be suggesting the value or selling price to the sellers.

  15. #15
    Cessna 152 Jockey jallengomez's Avatar
    Join Date
    Jul 2009
    Location
    Duluth, Ga
    Posts
    1,450
    Quote Originally Posted by DoK U Mint View Post
    Runway behind ya.
    Altitude above ya
    and fuel on the ground.
    Is the Hudson River up ahead?

Similar Threads

  1. Coin Grading/Authentication Services
    By Reid Goldsborough in forum Coin Chat
    Replies: 70
    Last Post: 07-02-2010, 09:27 AM
  2. Weapons On Coins I
    By Clinker in forum Coin Chat
    Replies: 40
    Last Post: 06-14-2010, 12:56 PM
  3. Trivia: Millennium Coins Part 5/ So. America
    By Clinker in forum Coin Chat
    Replies: 2
    Last Post: 02-25-2009, 04:44 PM
  4. Trivia: Millennium Coins Part 4
    By Clinker in forum Coin Chat
    Replies: 0
    Last Post: 02-18-2008, 12:05 PM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts

» Support CoinTalk!

Supporters get more features and less ads!

Click here to sign up!

» The Radio Show