Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
At least he waited a couple months
>
Reply to Thread
Message:
<p>[QUOTE="Hookman, post: 8440632, member: 99642"]Similar things have happened to me.</p><p><br /></p><p>A seller puts a coin he knows nothing about on eBay. As it slowly moves up, the seller becomes aware that the coin may actually have much more value than he thought. It's too late to just raise the starting bid. What does he do?</p><p>This is where greed turns an otherwise honest person into a bald-faced liar.</p><p>The excuses are myriad :</p><p>I lost it.</p><p>It actually belongs to my mother, brother, sister, aunt, uncle, or some other relative and they've decided not to sell it.</p><p>My (see above) likes it so much, I decided to give it to them.</p><p>I just realized that I need it for my collection.</p><p>and my favorite :</p><p>The coin looks so bad in person that my conscience wouldn't let me sell it to you.</p><p><br /></p><p>On an opposite note, I once bid on a Peace Dollar with a hole in it. I placed my bid but found out the next day that some one else won it for just $0.50 more than I bid.</p><p>I subsequently forgot about the coin until a few weeks later when it showed up on the eBay sell page of a guy I bought from frequently. I was surprised to find he had won that coin. He started the bidding at $1.00 less than he paid for it. At first I offered to buy it outright at $1.00 more than he paid for it. He refused saying that because he knew these coins and was such a good judge of value, he was sure the coin would go for at least $4.00 more than he paid and maybe more.</p><p>I placed the opening amount as a bid and waited.</p><p>Long story short, the coin never advanced and I got it for less than I had offered him, less than he paid, and even less than my original first bid on the coin when he outbid me.</p><p>I felt so bad about how much he lost on the deal, that I almost sent him some extra money.</p><p>Almost.[/QUOTE]</p><p><br /></p>
[QUOTE="Hookman, post: 8440632, member: 99642"]Similar things have happened to me. A seller puts a coin he knows nothing about on eBay. As it slowly moves up, the seller becomes aware that the coin may actually have much more value than he thought. It's too late to just raise the starting bid. What does he do? This is where greed turns an otherwise honest person into a bald-faced liar. The excuses are myriad : I lost it. It actually belongs to my mother, brother, sister, aunt, uncle, or some other relative and they've decided not to sell it. My (see above) likes it so much, I decided to give it to them. I just realized that I need it for my collection. and my favorite : The coin looks so bad in person that my conscience wouldn't let me sell it to you. On an opposite note, I once bid on a Peace Dollar with a hole in it. I placed my bid but found out the next day that some one else won it for just $0.50 more than I bid. I subsequently forgot about the coin until a few weeks later when it showed up on the eBay sell page of a guy I bought from frequently. I was surprised to find he had won that coin. He started the bidding at $1.00 less than he paid for it. At first I offered to buy it outright at $1.00 more than he paid for it. He refused saying that because he knew these coins and was such a good judge of value, he was sure the coin would go for at least $4.00 more than he paid and maybe more. I placed the opening amount as a bid and waited. Long story short, the coin never advanced and I got it for less than I had offered him, less than he paid, and even less than my original first bid on the coin when he outbid me. I felt so bad about how much he lost on the deal, that I almost sent him some extra money. Almost.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
At least he waited a couple months
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...