Can you believe this eBay auction?!!!!

Discussion in 'US Coins Forum' started by kiyardo, Mar 28, 2005.

  1. kiyardo

    kiyardo Senior Member

    Maybe some of you guys can talk some sense into this guy. I can't. If you are interested, I can post my email correspondence.

    http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&category=547&item=3966569250&rd=1

    Here's the first part of the correspondence:

    Me:
    Hello, I know this auction is either a joke or a mistake considering the price. But, are you interested in selling the coin? I may be interested.

    Him:
    Hello! Yes I'm interested in selling this coin! No this is no joke, If you like what you see and read in this auction then you won't be disappointed! Considering the price I think its is reasonable, given the rarity, certification, and historical value of the gold itself! I encourage you to ask any questions you may have! Thank you! =)
     
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  3. satootoko

    satootoko Retired

    It would be a lot easier to knock down Hoover Dam by butting your head against it. :D
     
  4. knowtracks

    knowtracks Senior Member

    No wonder he's got a feedback score of 4, you can't sell many coins at those prices!!!
     
  5. Wow! It would be more believable if it was coming from someone with feedback of 10,000 or something, but 4??? Come on!

    It's not even worth 60,000 pennies! (Not to me anyway) :)
     
  6. NOS

    NOS Former Coin Hoarder

    I'd like to know where he got the coin from. He thinks it is worth a ton because only 3,500 were minted.
     
  7. Tallpaul000

    Tallpaul000 Searcher

  8. lawdogct

    lawdogct Coin Collector

  9. satootoko

    satootoko Retired

    Another example of EBay not enforcing its rules.
    Replicas are supposed to be identified in the heading and the body of the description. In this case, liisting it as "Exonumia - Tokens" successfully conned three people into bidding, and one into buying. :eek:
     
  10. NOS

    NOS Former Coin Hoarder

    Well maybe they know what it is but thought to bid high since it is made of gold???
     
  11. satootoko

    satootoko Retired

    Read the listing NOS. 10mm 8K gold means that there is a plating of 8K gold. 8K is .3333 gold, so the total pure gold on that coin weighs considerably less than 1 gram. The current spot price of gold is approximately $14 per gram.

    Those are facts, not wishful thinking.
     
  12. Golden Pennies

    Golden Pennies New Member

    Oh my lands! that is pretty funny. He probably thinks its so much because its the "Freedom Tower Gold" which supposedly came from wreckage of the Twin Towers. It all turned out to be a scandal so the goverment busted these guys and recalled a bunch of them. Mabey thats why he thinks its worth so much or mabey hes just crazy either way its way to much for that coin.
     
  13. NOS

    NOS Former Coin Hoarder

    I see Satootoko. You'd think people would pay more attention when bidding over $400 for something. I have an account on ebay...perhaps I should ask if he would accept cash...!
     
  14. GDJMSP

    GDJMSP Numismatist Moderator

    I'm not sure where the $400 figure comes from - but that "token" - it's not a coin - isn't worth $20 :rolleyes:
     
  15. MorganFred

    MorganFred New Member

    NYS Attorney General Eliot Spitzer would like to learn of the minting and sale of these "coins". He's already closed down the "silver" coins; now maybe it's time for the "gold".

    http://www.oag.state.ny.us/press/2004/nov/nov9a_04.html
     
  16. SilverDollarMan

    SilverDollarMan Collecting Fool

    Yes he did, hehe. I'd give him a ring! Can anyone say national collectors mint? hehehe :D

    btw I sent him a email about this auction, he didn't waste any time in answering. Here is a c&p:

    You asked:
    "I can see u r new at this. R u serious bout selling this? It is not as rare as u think, cheap, actually. Is this a joke? Thx"

    I'm sorry you feel this way! I am serious about selling this coin! It's not a joke! It is what it is! If you like what you see in this listing, you won't be disappointed! Thank you! Tony
     
  17. kiyardo

    kiyardo Senior Member

    Yep. That's the stock answer he gave me. I can't believe with hours to go on the auction he wouldn't consider changing the price.
     
  18. ndgoflo

    ndgoflo Senior Member

    He must believe that there will be a sniping war at the end. The only thing being sniped is his insertion fees!!!!!!!!!! :eek:
     
  19. NOS

    NOS Former Coin Hoarder

    In regards to the 8K gold fake coin he says what it is in the auction so it may seem unscrupulous but if people are willing to pay that much what it is the over all problem??

    BTW I've emailed the guy who wants 60 grand for that WTC coin asking if he will accept cash. Should be interesting if he says yes!
     
  20. crystalk64

    crystalk64 Knight of the Coin Table

    I think this seller will find out that collectors with an extra $60,000 lying around for their hobby didn't get that extra money being stupid or ignorant. What a waste of good insertion fees!
     
  21. NOS

    NOS Former Coin Hoarder

    Indeed and I messaged him and have received a response of which I post here shortly.
     
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