Anybody know where all of the hotel coins are?

Discussion in 'Coin Chat' started by Dimefreak, May 14, 2011.

  1. Dimefreak

    Dimefreak Senior Member

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  3. BUncirculated

    BUncirculated Well-Known Member

  4. CoinKeeper

    CoinKeeper Keeper of Coins

    I don't understand
     
  5. rdwarrior

    rdwarrior Junior Member

  6. KoinJester

    KoinJester Well-Known Member

    This is the Ebay account of the individuals that rent out hotel rooms and buy your gold and silver coins for pennies
     
  7. Dimefreak

    Dimefreak Senior Member

  8. BUncirculated

    BUncirculated Well-Known Member

    I'm sure we understand that.

    What is not making sense is why add them to the blocklist or mess with them?

    Are they engaging in illegal practices? Falsely advertising on eBay? Not good sellers? Don't play poker? Refuse to eat at Subway?
     
  9. jcakcoin

    jcakcoin New Member

    Who has 20 different accounts???
     
  10. rzage

    rzage What Goes Around Comes Around .

    Not my coins , Knowledge is power . But we do have to look out for all the grandmas and noncollectors that fall for these con artists .
     
  11. 10gary22

    10gary22 Junior Member

    Jeeze, everybody does that ! I mean I went to the "Pawn Stars" shop that's shown on TV and I was told the buy price for Silver was 6 times face. When I checked coinflation that same afternoon Silver value was 27.38 Likie these guys say, "This is a business, we're here to make money". LOL

    But, gold and silver buyers aren't any worse than used car dealers. IMHO
     
  12. -jeffB

    -jeffB Greshams LEO Supporter

    Oh, ick.

    I've bought from them.

    Ick, ick, ICK.
     
  13. davidh

    davidh soloist gnomic

    I think the point is that we shouldn't condone their unethical purchase practices by purchasing from them. Buying from them, in effect, makes us complicit in their fraudulent practices.
     
  14. davidh

    davidh soloist gnomic

  15. BUncirculated

    BUncirculated Well-Known Member

    Is there fraud? Are they unethical?

    So far all I hear is conjecture.
     
  16. Merc Crazy

    Merc Crazy Bumbling numismatic fool

  17. jloring

    jloring Senior Citizen

    I hear ya Merc... I read that thread thread also, but I can't understand how, if you're the seller, the buyer can be accused of fraud just because he doesn't offer fair market value. Unethical? Probably... praying on the desperate or uneducated. But if I want to sell a coin (or any item for that matter), and "Joe Buyer" offers me "pennies" on the dollar... well, that's my problem if I sell it for that. No one is twisting my arm. Definitely NOT fraud.
     
  18. conpewter

    conpewter Junior Member

  19. conpewter

    conpewter Junior Member

  20. conpewter

    conpewter Junior Member

  21. conpewter

    conpewter Junior Member

    I think it is fraud. I think that telling someone that their coins are "worth" a value much less than their actual value is deceit. The story linked above mentions that they sometime slip up and use the word "worth" as opposed to "our offer is".

    Collins English Dictionary 10th Edition fraud can be defined as: "deceit, trickery, sharp practice, or breach of confidence, perpetrated for profit or to gain some unfair or dishonest advantage".[1] In the broadest sense, a fraud is an intentional deception made for personal gain or to damage another individual
     
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