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<p>[QUOTE="Owle, post: 1473757, member: 22004"]The ad is currently online: <a href="http://chaimgreenberg.com/selllist.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://chaimgreenberg.com/selllist.html" rel="nofollow">http://chaimgreenberg.com/selllist.html</a></p><p><br /></p><p>Mr. Greenberg has made a few changes to the original copy that was run in Coin World for quite a while.</p><p><br /></p><p>An experienced lawyer had this to say about the ad:</p><p><br /></p><p><b><span style="color: #0000ff">"My take on this, is that if 'you all know' he is selling the coins at below market, and he is claiming he has to sell them to get liquidity for his client, then why doesn't he just take them to a reputable dealer and sell them for what he can get? If he were legit, he'd either sell to a dealer and be done with it, or sell at an auction, the problem is that the evaluations he is using wouldn't hold up, and he would get what the collection is really worth.</span></b></p><p><b><span style="color: #0000ff"><br /></span></b></p><p><b><span style="color: #0000ff">"The whole thing reaks of scam as far as I am concerned, and I really have a hard time seeing why, as someone has pointed out, that complaints are not filed with his state AG, and preferably his local DA, and with the magazine for false and misleading advertising. I will further assume from what wasn't said, that there have obviously been a number of people stung on the 25% "cancellation fee" because the coins really aren't what they are advertised as. That is fraud. If someone is selling something and claiming it is in mint condition and charging mint condition prices for it, and the actual item has been worn smooth, that is fraud, any way you look at it. The racket here is in collecting the 25% fee for items that aren't worth what is claimed, and that is fraud as well."</span></b></p><p><b><span style="color: #0000ff"><br /></span></b></p><p><b><span style="color: #0000ff">CU had a thread on similar issues eight years ago that is worth noting:</span></b></p><p><b><span style="color: #0000ff"><br /></span></b></p><p><b><span style="color: #0000ff"><b><span style="color: #0000ff"><a href="http://forums.collectors.com/messageview.cfm?catid=26&threadid=295472&STARTPAGE=2" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://forums.collectors.com/messageview.cfm?catid=26&threadid=295472&STARTPAGE=2" rel="nofollow">http://forums.collectors.com/messageview.cfm?catid=26&threadid=295472&STARTPAGE=2</a></span></b></span></b>[/QUOTE]</p><p><br /></p>
[QUOTE="Owle, post: 1473757, member: 22004"]The ad is currently online: [URL]http://chaimgreenberg.com/selllist.html[/URL] Mr. Greenberg has made a few changes to the original copy that was run in Coin World for quite a while. An experienced lawyer had this to say about the ad: [B][COLOR=#0000ff]"My take on this, is that if 'you all know' he is selling the coins at below market, and he is claiming he has to sell them to get liquidity for his client, then why doesn't he just take them to a reputable dealer and sell them for what he can get? If he were legit, he'd either sell to a dealer and be done with it, or sell at an auction, the problem is that the evaluations he is using wouldn't hold up, and he would get what the collection is really worth. "The whole thing reaks of scam as far as I am concerned, and I really have a hard time seeing why, as someone has pointed out, that complaints are not filed with his state AG, and preferably his local DA, and with the magazine for false and misleading advertising. I will further assume from what wasn't said, that there have obviously been a number of people stung on the 25% "cancellation fee" because the coins really aren't what they are advertised as. That is fraud. If someone is selling something and claiming it is in mint condition and charging mint condition prices for it, and the actual item has been worn smooth, that is fraud, any way you look at it. The racket here is in collecting the 25% fee for items that aren't worth what is claimed, and that is fraud as well." CU had a thread on similar issues eight years ago that is worth noting: [B][COLOR=#0000ff][URL]http://forums.collectors.com/messageview.cfm?catid=26&threadid=295472&STARTPAGE=2[/URL][/COLOR][/B][/COLOR][/B][/QUOTE]
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Coin dealer's ad--Chaim Greenberg
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