1913 Liberty Nickel

Discussion in 'US Coins Forum' started by rolltide, Aug 19, 2004.

  1. rolltide

    rolltide New Member

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  3. jody526

    jody526 New Member

    Sorry, I can't buy a $10,000.00 nickel from someone who can't spell "nickel".
  4. satootoko

    satootoko Retired

    Oh ye of little faith - doubting the word of a zero feedback seller with no pictures to post of his $10K "1883-1913 EXCELLENT CONDITION" coin. :) :D ;)
    From his description it could just as easily be a 1912 Philly. :mad:
  5. jody526

    jody526 New Member

    Yes, satootoko, my faith in my fellow man could use a lot of improvement. lol
  6. Pennycase

    Pennycase Coin Dealer

    How ignorant can someone be...I wonder if they honestly think someone is going to place a bid on that..You know what though, I don't see anything as far as coins, selling on e-bay for over 10 thousand, no matter what it is. I personally don't believe that the richer people in life are gonna go to e-bay to spend that kind of cash, but, I could be wrong.
  7. National dealer

    National dealer Coin Dealer

    Haven't any of you heard of the missing 6th 1913 Liberty Nickel? :D Okay, so all the information states that only 5 were made. But with the credentials of this seller, obviously a 6th coin must have been minted, hidden from public knowledge for 91 years only to surface on Ebay. Luckily, this seller isn't greedy like the other 3 owners. They are asking 2 to 5 million respectively for their coins. At 10 grand, such a bargain shouldn't be passed up :D
    Now if I could only find my checkbook.................

    Okay, a serious note. Many of you know that my firm does not use Ebay, and sometimes it may seem that I bash it a bit. Of course, sellers like TRADERNICK, stand out in that group. This is one of many reasons that keep me from even considering using such a site. Now some will say, that this particular auction has no chance of fooling a collector, and you are right, but how many do get fooled by cheap prices?
    Anybody ever hear the saying that "If are not with me, you are against me"? Does Ebay help or hurt the hobby? I know that it allows many good things, and allows many people to buy and sell coins. Maybe I am just too critical. I don't claim that all dealers are good for the hobby either.
    In my very humble opinion, any avenue that allows customers to be blatantly ripped off, is one to avoid.
    The ANA is working this weekend to provide some answers and tips about Ebay and is trying to implement their rules of conduct. While I hope for the best, Ebay has a good reputation for not getting involved.
    Here is one parting thought.

    Everyone I know that uses Ebay as buyer or seller uses the same quote:

    BUYER BEWARE

    Might just be some wisdom in those words :D
  8. spypondac

    spypondac Member

    Comment for "National Dealer"
    Your quote "BUYER BEWARE" in reference to Ebay should also be
    used used for several large advertisers in a major national coin
    magazine (not tne ANA Numismatist).
  9. susanlynn9

    susanlynn9 WINS Member

    You're so right. I just had a run-in with one of those last week. I won't mention names, but I got ripped off worse from this guy than I ever have on eBay. :(
  10. rbm86

    rbm86 Coin Hoarder

    There are a few Morgans selling for tens of thousands of dollars, and more! Take a look . . .
    http://search.ebay.com/Morgan-Dolla...ZR10QQsosortorderZ2QQsosortpropertyZ3QQsotrZ2
  11. GDJMSP

    GDJMSP Numismatist Moderator

    Ebay has had individual sales completed that went over $1 million dollars.
  12. Pennycase

    Pennycase Coin Dealer

    RBM, I don't see anybody bidding on any of those coins that are over 5 thousand dollars...I wasn't trying to say that no one with a budget over 10 thousand dollars would ever be on there, it's a slim chance that anyone with that kind of cash would actually buy something off off e-bay that is over 10 thousand, if you had 10 thousand dollars, would you spend it all at e-bay, instead of going to an actual shop, or show? Where you actually see the product. My personal opinion, I think it's ignorant to spend over a thousand on e-bay, there are too many possibilities that could go wrong.
  13. rolltide

    rolltide New Member

    Well....most likely...people that have a million dollars to spend on a coin have enough money to gamble on ebay. And if they're ripped off.....it's just pocket change.
  14. National dealer

    National dealer Coin Dealer

    Pennycase, the only exception that I can see is having a relationship with that particular seller, or that seller happens to be a recognized dealer.
  15. GDJMSP

    GDJMSP Numismatist Moderator

    Or the coin happens to be graded & slabbed by a reputable company and is being offered by a seller with a good reputation as well.

    If there was a $10,000 coin on ebay that I wanted that met the above criteria - and I could afford it at the time - I'd buy it in a New York second ;)
  16. Vlad

    Vlad Senior Member

    i saw someone selling Constantine rouble(rarest russian coin) for 200k with 0 feedback.
    last time it was for sale, in 30-ies, it was bought for 50k.

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