Anyone see something suspicious about this seller's ebay page?

Discussion in 'Coin Chat' started by okbustchaser, Jan 24, 2021.

  1. okbustchaser

    okbustchaser I may be old but I still appreciate a pretty bust Supporter

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  3. -jeffB

    -jeffB Greshams LEO Supporter

    He seems to have a solid track record of selling four-figure coins, stretching back a good ways. Maybe he's handling the estate of someone who tried to corner the market. ;)
     
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  4. tommyc03

    tommyc03 Senior Member

    WOWZER! What a collection. That one for $40K says it's been off the market for over a decade so Jeff's idea may be correct.
     
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  5. NSP

    NSP Well-Known Member

    33 1815/2 half dollars! I don’t know how accurate PCGS’s survival estimates are, but they claim there are about 800 of them in existence, which means this one seller has over 4% of them in his inventory. I guess that’s possible, since some people hoard rare dates (the hoard of 1794 half dollars that was sold a couple of years ago comes to mind).
     
  6. Jeffjay

    Jeffjay Well-Known Member

    He looks 100% legitimate to me. I only wish I could afford some of the coins in his inventory. His is one of those pages I go to to dream.
     
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  7. physics-fan3.14

    physics-fan3.14 You got any more of them.... prooflikes? Supporter

    While I admit that many 1815s are *highly* unusual, I also don't see anything suspicious. The seller seems reputable, and the coins seem legit. In fact, many of those coins appear quite attractive.

    I've definitely seen collectors who hoard a specific date. Either they like the rarity of it, they have a connection to the coin, or something like that. Perhaps this collector was attempting build a grading set of 1815 halves? I mean, if you have the money, why not.
     
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  8. okbustchaser

    okbustchaser I may be old but I still appreciate a pretty bust Supporter

    Cool...just seemed weird that if someone were going to release a hoard at one time he wouldn't use a specialty dealer.

    Like I said, I wasn't trying to cast doubt on this seller---his feedback/history looks great. I was actually more worried about his account security.
     
  9. physics-fan3.14

    physics-fan3.14 You got any more of them.... prooflikes? Supporter

    The dealer might have been his local shop? Or someone in his club?

    I'll admit - if I had a hoard of 1815s, I might trickle them out and not just dump them. That many 1815s has to affect the market.

    While it would take longer, I'd probably send 2 or 3 to each of the major auction houses a couple of times a year... that hoard should take 2 or 3 years to properly disperse and maximize profits.
     
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  10. MIGuy

    MIGuy Supporter! Supporter

    When did they stop using those old ANACS white holders? The first one checks out on ANACS site - LO1508 matches up with the coin. You should email him! There might be an interesting story.
     
  11. physics-fan3.14

    physics-fan3.14 You got any more of them.... prooflikes? Supporter

    Those slabs are at least 20 years old.

    I just shot the guy an email asking if there's a story.
     
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  12. physics-fan3.14

    physics-fan3.14 You got any more of them.... prooflikes? Supporter

    I just got a response back from the seller:

     
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  13. okbustchaser

    okbustchaser I may be old but I still appreciate a pretty bust Supporter

    upload_2021-1-24_19-54-33.png upload_2021-1-24_19-54-33.png upload_2021-1-24_19-54-34.png
     
  14. RonSanderson

    RonSanderson Supporter! Supporter

    This is the dealer from whom I got a decent deal on this NGC graded 1909-S VDB. I am pretty happy with this dealer. I am hoping to use them again.

    01c 1909-S VDB full 11.gif
     
  15. baseball21

    baseball21 Well-Known Member

    Plenty of people have absolutely no idea on how to sell what they have. Just look at how many auctions you can find that have multiples of things that should have gotten better treatment and crashes the price for all of them
     
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