Littleton SCAM alert!

The line here is fuzzy, I think. There are lots and lots of people out there who think it's "unfair" for a dealer to offer $80 for a coin when an identical one is on display with a price tag of $100.

Asking $40 for a coin that sells for $174 is an extreme spread -- BUT: Littleton is taking more than the usual gamble when they buy, especially sight-unseen, and they have more than the usual expenses due to their business model. I don't consider their offer and ask prices "unethical"; I wouldn't choose to buy or sell there, but I've paid more attention to buy and sell prices than most people, and I'm not in any hurry to either buy or sell anything.

I'm betting that Littleton's buy prices are stronger than any of my local pawn shops. Don't even get me started there.

 

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I'll give you this....you stick with it no matter what. Just keep yanking that chain and sooner or later it will flush.

In the mean time (and I emphasize 'mean') you have a gripe. Suggestion: play Cronauer and write a strongly worded letter to the CEO copying your Congressman and the Mint.


Much more importantly, RIP Adrian. The Troops can never repay you in kind. Very fond and respectful memories will always be there.

 

Johnny Walker.....good stuff.

 

I remember the days of companies selling stamps "on approval". They would entice you to get a load of postage stamps for a penny plus postage if you participated in their program. I remember this because at a young age I was a collector. Even then, I knew better than that. They banked on you forgetting to inspect your monthly shipment, forget to send them back, etc and charge you for them at twice the value.
I did not participate. But I will probably go to hell for doing this with Columbia Record Club. 13 free albums or 8 tracks for a penny if you participate in buying their "selection of the month" at a jacked up rate. Bows head, raises hand. Several times myself and friends raked them over the coals. Just wrote return to sender until they wised up. lol They've been out of business for about 40 years, wonder why?

 

yup, I did the Columbia records thing too… CDs in my case though. How do you think I knew to avoid Littleton? Lol

 

Most of these conflicts are due ( in my mind and experience) that beginners want to come in as experts to all, and yet does not know much, or anything at all in coin grading and how to look for "problems" in the coin fitting of value and grade level as
they may see it. So if they do not get a lot of WOWS !!!!, and pats, all must be trying to deceive them. and take their money wrongly. Beginners want to be seen as experts and blow up when it becomes obvious. It takes time and practice like riding a skateboard. IMO, Jim

 

@desertgem so you’re saying I may still get the skateboard figured out? Lol

 

Its like coins! You have to fall on your butt many times before people accept you as an expert, IMO, Jim

 

100% genuine reproduction . . . .

Z

 

I do agree that the line is fuzzy. The point I come from, mostly, is that they claim that their "wholesale prices" are a mere fraction of the Greysheet, which is world-renowned as a wholesale price guide (or the CPG minus 20-30%, which is what I do). With their coins on approval, there are likely people who keep the coins, and I don't believe they would have the time to charge someone's credit card for the coins.

Also, after watching a video on YouTube from Silver Seeker about him selling silver to pawn shops, I wouldn't sell it to them either. I would go to an LCS, especially one about 35 miles south of me.

I hope you got some good albums, Barney! I know that some of the ones I listen to, while not connecting directly to numismatics, definitely fit the tune for different days and times, such as the Saturday night before a coin club meeting.

I don't know if you're addressing me in particular, but I try not to be an expert on everything. I can grade coins decently, mainly cents, nickels, and coins like Morgan dollars that have the fancy rims (would reeded rims be the right word?). I know very little about grading gold coins, and any info about them is greatly appreciated if you have some that you can grade.

I've unfortunately done that on some coins before. Not only that, but once, I fell flat into the pond at my local canning facility (not literally, but you would want to prepare your nose if you're within 3 miles of it) by buying a 1959 Argentina peso as a dollar coin at the bank, thinking it was silver, and it was not at all. Even if someone accepted me as an expert, I wouldn't want to be known as that, due to the fact that you can never learn everything in numismatics.
Another thing is buying Buffalo nickels for 60-75 cents at a flea market, until I discovered an LCS up north who's selling them for 33 cents each. It took me a long time to find that I was paying more than I could, but I'm glad I got the experience.

 

As you watch new members come on board, many want to show they know most of every oddity, I understand they want to be considered highly knowledgeable of almost ever thing. I have seen this when I was a college teacher and chair for for Science and Art division, but it is hard to fool someone who really knows their Genetics class very well, With coins it is similar. I do not think we would have such knowledgeable membership if no one ever questioned others. Some take comments about their posts as evil and out to damage their reputation, but that is close to zero. When I was a moderator on here, I had to correct many people on their comments but after a few years I realized people have to correct themselves.All of the moderators on the forum are doing excellent jobs, I just hope that we don't have another severe crash of membership as happened 4 years ago.

 

Huh? Haven't you been to college? LOL.

 

I was looking for a Gordian III double denarius on ebay and found a really nice one in a Littleton display type card, with information on Gordian III. Bought it for the value of the coin, not the holder. I left it in the display because it is quite attractive and to show to someone not versed in Roman coins quite informative. So, Littleton must put out some interesting stuff, but I wouldn't pay Littleton's price for it!

 

It doesn't do any good to block the calls. They have software that blocks their caller ID and uses a random number... valid or not.

 

You are correct about this now that I think about it. They will spoof your area code and you'll think it is a local call when it is not.

 

For me they all come from random numbers in Texas wanting to buy my house in Texas. I've never owned property in TX or ever lived there. My cell # used to be assigned to someone in TX, like 4 people and many many years ago. One time I actually talked to a live person and told them how stupid they are.

 

You can have 80 proof, which is 40% alcohol, or 80 percent alcohol, which would be 160 proof. But not "80% proof".

Yeah, I went to college, too.

 

I keep getting offers on my apartment building on Sutton Place in NYC. I've told them many times I don't own the building.

Last time I said I would give them a quit-claim deed for $150M.

They actually took it to the client who told them it wasn't worth that much.

They haven't called me in a few weeks.

 

Please don't talk about college and 180 proof please. I had a really hairy experience with hunch punch and Golden Grain alcohol.

 

I used to mess with these vermin give, them a price 10x the value. But after a while, even I got bored trolling them. And I can be very good on the troll.