I just had to post this auction. I couldn't believe this when it was forwarded to me in an email, so I checked it out, and sure enough. http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=2995003036&category=1469 I hope no one from this forum is bidding on this item.
That's a pretty good one. But at least the seller isn't risking a Federal prison sentance. Check this one out: Counterfeiting Equipment
Hey National Dealer, that coin looked pretty niffty. If it had more luster I might have given it a bite. Keep me posted on the e-bay bargins. Thanks. Hey Jody, after I make me some 1815 coins, I think I'll make me some license plates. It always feels nice to give something back to the community. Keep me posted on my job options. Thanks.
I tried to sell some slugs on ebay once...they came with a pile of foreign coins that I purchased. I started the bidding at $1 for the lot...about 25 of them as I recall. No bids. Sigh... Maybe next time.
Check this one You think an ordinary penny is bad? Check out my auction for this novelty piece. http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=3905392876&category=529 Ya gotta love ebay. Proof people will buy anything. (or sell in my case) Edited by GDJMSP 3/27/04 Ordinarily a link to one's own auction is not permitted except in the Auction Forum or Open Forum and then only by members who have met the Coin Talk requirements for doing so. But in this case I think this more of an illustration along the lines of the other posts in this trhead so I am permitting it to stay.
Let me first welcome you to the forum. Are you sure those aren't West Virginian quarters? no offense to West Virginians. I don't mind Ebay as a whole. As long as the sellers are honest I welcome them. I just don't like the collector who ends up paying way too much for junk real dealers wouldn't give away.
I have found e-bay as being pretty good for buying fine to very fine french gold coins that are listed as being almost uncirculated or more. The key is to pay the fine to very fine price when bidding. However, I found the Zuid Afrik Republic krug silver shillings listed as what they were and the winnning bid prices fell where they should have at the time. I guess the key, as is preached here, is to know your prices before you bid and to know your coin and your seller(dealer). As Adam Smith stated, "Let the buyer beware" As for deals, they can be had just like a buyer could be had but one has to expect the honest seller to be able to make a profit or there wouldn't be any. I don't buy at e-bay to often but it is fun when I do.
I agree, Andy. A very savy collector can find enough good deals on eBay to make it worth his/her time. However, for the novice who doesn't know exactly what he's doing, or the greedy person that thinks he can get something for nothing, well, the sharks are waiting.
There is an interesting saying in poker, that if you can't spot the sucker at the table, then it is you. This same line of thinking can be used in coins. Many people who have a handful of coins call themselves dealers and set up on ebay. These are not stupid people by any means. They prey on the deal seekers who think that they can make a killing in coins. They see these MS-65 coins for well under retail price and jump on it. It is after a little education that they find themselves on the short end of the stick. There are never deals too good to be true. Yes there is profit in coins if you know what you are looking at, and how to sell it. The ability to grade coins, and spot above average strikes is the easiest way to get great deals. When you decide to make money in coins, you have turned it into a business, and with any business, you must know the ends and outs of it. Dealers buy thousands of coins a year. We work more on volume than profit margin. It is far easier to make a few dollars on many coins than it is to make thousands on one coin.
Even money the person selling this cent does not get paid. I hope he does but here lately a lot of legitimate auctions are not being paid. I have had 4 in the past month, mostly bidders without feedback, however, one had a feedback of 14. I have found turning them in to ebay does not do a lot of good. A2J Jess
