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Beware of people selling coins at flea markets. Lots of counterfeits.
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<p>[QUOTE="cremebrule, post: 1341877, member: 35227"]This happened to me once. There was some old people sitting out on their front lawn with a bunch of tables set up. I was passing by and happened to see a few old coins which were worth "quite a lot". I asked how much they were and the guy said "$20 apiece". I decided to buy two of them and thinking I had made a pretty good deal gaining what I thought was a $1000+ profit. Got home, did some research online...what do you know? THEY'RE COUNTERFEIT. Went back to them they next day and tried to return them, and they basically stared me down and said with a smile "Sorry, no refunds". Later I found out that they rented the house that they did their lawn sale on. So when their sale is done, they pack up and move out so you can't track them. They're a bunch of smooth customers alright.</p><p><br /></p><p>Yeah, it was their fault for selling counterfeit coins and swindling me out of $40. Then again, it's MY FAULT even more for trying to swindle THEM out of what I thought to be really rare, old coins. I still have both coins today as a reminder of what mindless greed can do to me.</p><p><br /></p><p>And honestly, do you really think old people are that stupid (to be blunt)? I remember when I was a kid, my mother told me stories of how her father owned a supermarket. She would work there as a cashier, and would always pick out the Mercury dimes and old coins that were in the change that people gave her. Even today, she raves about how a lot of stuff will become "collectors items". These people know what they're doing. Like others have said, people set up a section with real coins that cost a bundle, and another section of supposedly "rare" coins that cost $5 a pop.</p><p><br /></p><p>Moral of story: Do your research; chances are in that one hour you spend at home researching the coin(s) you want to buy, no one is going to buy it. Even if someone does, you're not out of any money.[/QUOTE]</p><p><br /></p>
[QUOTE="cremebrule, post: 1341877, member: 35227"]This happened to me once. There was some old people sitting out on their front lawn with a bunch of tables set up. I was passing by and happened to see a few old coins which were worth "quite a lot". I asked how much they were and the guy said "$20 apiece". I decided to buy two of them and thinking I had made a pretty good deal gaining what I thought was a $1000+ profit. Got home, did some research online...what do you know? THEY'RE COUNTERFEIT. Went back to them they next day and tried to return them, and they basically stared me down and said with a smile "Sorry, no refunds". Later I found out that they rented the house that they did their lawn sale on. So when their sale is done, they pack up and move out so you can't track them. They're a bunch of smooth customers alright. Yeah, it was their fault for selling counterfeit coins and swindling me out of $40. Then again, it's MY FAULT even more for trying to swindle THEM out of what I thought to be really rare, old coins. I still have both coins today as a reminder of what mindless greed can do to me. And honestly, do you really think old people are that stupid (to be blunt)? I remember when I was a kid, my mother told me stories of how her father owned a supermarket. She would work there as a cashier, and would always pick out the Mercury dimes and old coins that were in the change that people gave her. Even today, she raves about how a lot of stuff will become "collectors items". These people know what they're doing. Like others have said, people set up a section with real coins that cost a bundle, and another section of supposedly "rare" coins that cost $5 a pop. Moral of story: Do your research; chances are in that one hour you spend at home researching the coin(s) you want to buy, no one is going to buy it. Even if someone does, you're not out of any money.[/QUOTE]
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Beware of people selling coins at flea markets. Lots of counterfeits.
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