Run Away As Fast As You Can....

I did a post previously about getting snookered by this outfit. And I keep bringing them up to save my friends from making the same mistake as me. They got me as Gold Standard Auctions, but I have seen their handiwork show up under various names..... Closely circulated is not a numismatic term so they use it like a Venus fly trap to lure you in. When you see these gobbledygook descriptions used on a coin.... Run!

 

Log in or Sign up to hide this ad.

I have dealt with them in person a number of times.

A very shady outfit, no doubt.

They intentionally hit shows and take the most bottom of the barrel coins including harshly cleaned VF coins to sell as "closely uncirculated".

At my last job, I saw a woman who was conned out of $60,000 from them. When she came to sell, she got less than $5,000....

I'll leave it at that.

I would never compromise my morals for a quick buck

 

Never heard of them. Never heard of Closely Circulated either. If I’ve never heard of a coin term it makes me question them and the use of that term. It’s either circulated or not. There are obvious degrees of circulation but closely is not one of them.

 

But are they circumcised?

 

No, just curculated.

 

I'm guessing at least some of them are

 

Wonder how many levels of Closely Circulated there are. Something like CC-1 thru CC-10 maybe.

Bruce