getting beat

Discussion in 'Coin Chat' started by cbr9291, Apr 28, 2008.

  1. cbr9291

    cbr9291 New Member

    can everybody share some stories of getting ripped off or some of there buys that werent the best. i bought some coins off of ebay graded by sgs:headbang: some examples are 2006 sac for 1.26 and a 2007 jefferson for .50 shipping 7.00 2003-s kennedy half pr70cam 5.00 shipping 5.53 and a 1971 eisenhower pr 70 3.76 and shipping 5.25 the coins look great but im not a grader you can see scratches on some of the coins.

    I try not to spend to much on a coins from ebay because i am a newbie. So its mostly silver eagles morgans and peace dollars. none over 20 to 30 dollars. So if i do get beat its not for much. The most i spent and it was only once was for a gold 2.5 dollar indian i love that coin i think it was $200 a couple of years ago im sure the grade is not right it looks real to me i dont want to know if isnt and i have the same coin in a ring it looks the same.

    share your stories and you might be able to help some of us newbies thanks
     
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  3. CoinGal07

    CoinGal07 Still Collecting

    Welcome & I believe if you searched 'ebay' on this forum you'd read enough horror stories to keep you busy for a year. By then, it'd be safe enough for you to wade back into Ebay again :)
     
  4. jeankay

    jeankay Coin Hoarder

    I gotta admit that I purchased a few items from SGS. One was a 1935d buffalo nickel which they graded at MS69... I really do not believe the coin is that nice.
    This SGS auctions and coin sales are all over ebay and other places.
    For the most part I think of their auctions as being more Business Uncirculated coins than perfect (MS70)' coins.
    My last batch was the complete 2004 mint uncirculated set of statehood quarters.
    The coins had marks as if they had been living in bags before landing at the SGS
    place.
    This time my feedback was on the 'neutral' side, with my comment being that the coins they are selling are in no way perfect even though they advertise most all of them as being perfect MS70. Not only that, somewhere in the process they decided to use only UPS, and we all know that if is quite expensive.
    It turned out the delivery cost would have been more than the cost of the coins.
    I managed to stick to my guns and had them mail usps priority.

    All we can do is be very cautious when buying coins... and remember which sellers were a bit on the shady side so we don't make the same mistake again and again.

    jeankay
     
  5. De Orc

    De Orc Well-Known Member

    Just recieved some notes from a seller in the US, now I normaly have nothing but praise for American dealers they are freindly and very helpful. This chap unfortunatly sends out notes that do not mach up to his auction info (I can live with that as they are not classed as Unc) but what realy got me, he charged $2.5 for shipping to the UK and coudnt even put a bit of card in the envelope as protection!! actual shipping was 0.90c plus the cost of the envelope, which arrived in a horrible state.
    Now I dont mind someone making a bit of a profit as they have fees to cover but not protecting the notes is a crime!! even a bit of cereal packet would have helped.

    Rant over LOL

    Also recieved this morning pile of notes from Germany, Thailand and 2 other lots from the USA and they were all in perfect condition, one of the American dealers had even replaced a note for me as he had noticed the original had a crease in it, Now that is Service :D
     
  6. asciibaron

    asciibaron /dev/work/null

    i bought a 1922 Lincoln cent that was certified as MS70 by SGS - it only cost me $1500.00!!!!

    just kidding ;)

    -Steve
     
  7. happycobra

    happycobra Senior Member

    When I was a kid:
    *Mail ordered from an ad in coinworld, a few Franklin half proofs that turned out to be cleaned.
    *Mail ordered from an ad in coinworld, a proofs mercury dime that where polished, for full price. :eek:
    *Paid $40 for a 1955 poor man DD at a coin club meeting. What a rip off :(. The guy wasn’t even a member, he was just for a sucker.:headbang:

    Recently, I got an 4rael cob that was a fake. Several fake-cast bronze Follis in an uncleaned lot. At lest the 4rael got returned.
     
  8. asciibaron

    asciibaron /dev/work/null

    this has happened to me as well - simply mailing a note in a regular envelope shows a callous disrespect for the note and the buyer. my arrived in a plastic bag with the remains of the envelope and the upper corner of the note - thank god it only cost $4.00.

    -Steve
     
  9. De Orc

    De Orc Well-Known Member

    Same thoughts here and thankfuly these did not cost a great deal either, yet how much thought would it have taken to add a bit of card after all he knew full well he was sending them to the other side of the Atlantic and not just down the road LOL.
     
  10. jaceravone

    jaceravone Member

    I get beat around so bad that I make the red headed step-child look like the playground bully. Every now and again, I come out ahead.
     
  11. Phoenix21

    Phoenix21 Well-Known Member

    Don't think I ever got ripped, but one time when I first came back into collecting, I bought a PR69-CAM 1961 Washington Quarter, in a PCI slab. I bought the slab, not the coin, and let's just say it was not even close to cameo, nor PR-69 IMHO. Maybe a PR-68, but not a 69. Bought it for $20, sold it for $15, and learned a whole lot more in the process. ;)

    Phoenix :cool:
     
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