From time to time, I come across an ad for my area that just makes me want to pull the guy's chain. This time, someone claiming that he is a "collector" stated that no collection was too big and he pays CASH! So, I decided to send him an e-mail: "I have 133 certified Morgan dollars - 71 NGC, 45 PCGS & 17 ANACS (old white holders.) There are quite a few nice toners, VAM's & DMPL's, and I would like $20K OBO." Needless to say, I haven't received a response. Is the price more than he can afford? Did I sound like I knew too much? So much for Craigslist! Chris
Come to my CraigsList. Just a couple days ago I could have bought three circulated 1964 Kennedys for just $100.
I say it sounds like you knew too much. I have tried to post ads in the Minneapolis one offering to pay fair prices, and appraise collections for people. The ads get flagged immediately by others who wish to have a monopoly there and screw over non-collectors. Its sad that such blatant flagging of honest competition is allowed, but that is the nature of CL.
Usually. Maybe some people have coin fetishes though, the shinier the better. I used to be on Craiglist, but couldn't handle it after a week. Apparently everything is a code for something more perverse. I learned a lot in that week.
I got both cats and my puppy from ads on CraigsList, and I check it every day for job postings as most of the small businesses put their ads there. We only have one newspaper and they charge a fortune for classified ads.
Those people are basically thieves. I've found that if you post anything coin-related that mentions how much silver coins are actually worth, they flag it for removal within an hour. I've also had two people contact me over the graded coins I've been selling from my collection. Retail value was around $13,000 when I started...one guy told me most of it was worthless and the best he could do was $1,000. I laughed. I packed up my stuff. Then I sold over $4k in the next month for some reason - of the stuff he said was essentially worthless and would never sell.
I also had another guy want to know exactly where I live...when I replied that the city name was close enough (it's not my real city, but it's close) he stopped responding...especially when I asked him, "Are you just trying to find out where I live?" I also really love the people who look at the ad, don't read it, then ask stupid questions like: How do I get to where you're at? (You're telling me that you know how to get on the Internet and search Craigslist, but you are unable to open Google Maps?) How much are you asking? (Prices are ALWAYS listed.) What kind of coin is that? (Umm...if you don't know what a 1914 D Lincoln Cent is, you probably shouldn't be buying one.)
Disappointed with craigslist with silver coins. A year ago and previous from a year ago. Silver was at around $34 per oz and handful of legitimate people who selling silver coins. Now, it's full of people who want to buy silver coins at very dirty cheap. I have hard time to find people who sell them. Also, I noticed that some sellers' posts got flagged. It's look like a war between sellers in Craigslist over silver coins. Geez!
I have to wonder that the area I live in is not good for coins, or antiques for that matter - I look at CL from time to time and tend to see the same re-trodden stuff over and over again.
I attempted to sell monster boxes on CL once. The only responses I received were from a known scammer and one of his friends. Both offered me $1 under spot for eagles. At the time, I was asking $1.75 over spot. When spot exceeded the previous asking price (a full 6 weeks after the fact), the scammer said he'd buy all of my inventory. When I stated the new price (still $1.75 over spot), he called me a bunch of names and said karma gets you. All of 20 min later, he sent me some garbage about borrowing the money he needed to buy the coins from his grandfather. I told him that the offer came off the table the moment he got out of line. He then called me more colorful names and said "what goes around comes around." I responded "You're absolutely right. The reason I'm firm on my price is I don't feel a desire to sell to someone who tells young mothers that he'll pay $2 over spot, then when they show up, claims the coins are damaged, the offers $5 under spot." I added him to my spam filter. The reason I messaged him was he did that exact thing. A young mother here had inherited coins from her grandfather. I made her what I thought was a fair offer. She emailed me apologizing that she received a better offer. I thanked her for her time and said to call me if it fell through. Two weeks later, she called me up asking if my offer was still good. Silver had gone down in price, which I explained, but I kept to my word, since I told her I would honor it. When I met with her, she also happened to have a horse blanket, a fractional currency note (severely damaged, but the first one I'd ever come to own) and some liberty nickels. I made fair offers on the "extras" (as she called them), but she said she brought them to give to me because she just found them. Beyond that, the guy doesn't remember, but a month before he started buying silver, he solicited me for gold bullion. After agreeing to a price, transaction date and location, he calls me up the day before we're supposed to meet, claiming that his truck broke down, and he could no longer complete the purchase. The next day (the original day we were supposed to meet), he contacted me again (apparently he had forgotten the first time) offering to buy my gold proof set (gold dropped 8% or something from when we agreed to the transaction and when he canceled) at spot. I told him that I thought he had to fix his truck, and he hung up the phone on me.
