Has anyone had any experience with those Fort Knox safes that are being sold on ebay? I am curious about those, It looks like a wheaties scam.
not really a scam... they dont promise anything special - so when you dont get it, you cant complain.
it's a total scam, because the story tries to build interest in something that does not exists - ie a chance to purchase a valuable rare coin by risking 12 buck (plus 6 bucks in shipping), when the reality is that these banks don't really exist. It's the same old story with a different telling... I'd love this guy to get taken down by false advertising when they force him to produce all these 'old safes' that he doesn't have. This is not risk. Risk is defined in terms of probability greater than zero and less than 100. The probability of obtaining a rare valuable coin in this transaction is not greater than zero, therefore it is a scam by false advertising.
What am I missing here? I searched "Fort Knox Safe" on EBay, and all that turned up were some auctions of a toy safe with "Fort Knox" on the front.
Also, they trick you into thinking you are receiving the box, but you don't get it. Stay away. Numismaticbureau or some place like that sells them.
i believe i search fort knox, not fort knox safes.... try here... http://search.ebay.com/search/searc...s/&fkr=1&from=R8&satitle=fort+knox&category0=
These are similar to many of the Auctions for Estate Coins on eBay which are also scams! This same "Safes with Coins" story has been used on eBay for (if my memory serves me correctly) for well over a year with quite a few of these on eBay each and every day. Now, you can't tell me that there were thousands of those Safes hidden in that desk! Some Sellers on eBay also use the story that their' coins came from an Estate Auction when they did not and I discovered a few that purchased a coin or coins from another eBay Seller, then put them up for auction a few months later as Estate Coins. Some Sellers will use any good story to get your interest and then hook you with a big fish tale and it doesn't just happen on eBay! Frank
The safes are not from Fort Knox.....BTW--I know a guy that works in the fort and he has said that there isn't any gold there....its more of a army base for the Air and Ground force.... Speedy
This is the 'ole "coins under the wooden floor of an old mansion" lie or the "trunk full of coins" ruse. The lies are so obvious, it makes you wonder why people go for these things. One drawer contains all these safes??? Metal detecting a desk??? OK, I'll send you $18 and you send me a baggie with some coins in it...come on people!! BTW, has anyone ever ask this guy if he would sell one of those safes? He'd probably say that it was too heavy to ship so you're reply to that should be "Oh, I'll pick it up in person." That would probably be the end of the communications at that point since he wouldn't want you to see his mobile home and kitchen table full of cents.
lol. Thanks guys, I have had business with a seller called ikedollardeals or something like that, I have so far been very happy. I spent 22 dollars, and got a proof set from 1982, a becentenial proof quarter, a 2003 silver dime, and a kennedy 2001 Uncirculated that the seller wrote is worth 10 dollars acoording to the red book. I also got about 6-7 other coins, all proofs.
NEVER EVER go by the Red Book.....the price guide it way off....I can get 2001 Halves in change sometimes....now if it is a high grade coin then maybe a little higher than face but not $10 IMO. Speedy
I don't know much about metal detecting, and I've never done it myself, but is it common to run your metal detector over furniture? That was a heck of a desk - it had at over 80 safes "crammed" into it. I wonder how you "cram" 80 metal toy safes behind one drawer in a desk?
I have been checking out those Fort Knox Safe Auctions for a long time, the same seller also has many similar auctions. You don't even get the safe itself, just a handful of wheaties.
If you have coins to sell that are very common or seriously crap, and you want to get people to pay way more than they are worth, you have to sell hype. If your coins are desirable to collectors, you just have to sell the coins and don't need to go into a bunch of secret hidden safe garbage, or mysterious lost treasure chest nonsense. Take a look at the auction description. If the main thing the seller is talking about is not the coin itself but some backstory, or some wild tale of found treasure, you can be reasonably sure that the coin itself will not bring what the seller wants so he or she is going to try to enchant you with hopes of rare coins for a fraction of their value. I have heard it said that it is very hard to scam an honest man. Meaning that most con-artists will appeal to the, "larceny in your soul," to get you to fall for their crap. One of the oldest and most effective scams is to take some junk, such as fake diamond or counterfiet coins, and go up to someone and tell them that you stole some real diamonds or rare coins from someone, and need to sell them fast for pennies on the dollar. If the person is honest he will tell you to pound sand and maybe report you to the authorities. The con-man is counting on you wanting to partake in some ill begotten gains and then sells you what you think is, say, a $10,000 dollar item for $500. You later find out that the item is worth approximately $2.00. If you were honest, you would have turned him down. Enough people will take him up on this offer to make this a universally profitable approach. The type of auctions discussed in the OP are very close to this type of deal, in that the seller wants you to believe that they don't know what they have, and so you can rip them off by buying it for their asking price and then maybe reselling it. Believe me, they know what they have, and will not let it go for less than full retail value, and usually alot more. You are buying a song and dance, not a coin. Just a thought.
