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<p>[QUOTE="jerryb, post: 539838, member: 16838"]From my oldtimers personal experience. Back in the 80's and 90's I had a retail shop and was on the worldwide Facts Coin Teletype network as A50. I dealt with all the dealers mentioned in the Skyline thread. Another dealer, here in Saginaw, MI, (who also was on Facts used to "laugh in discust" at the daily pounding of buy messages over the teletype by these named dealers. What were they in the urgent need for???</p><p> </p><p>You may have guessed it already. Messages like this:</p><p> </p><p>BUYING BUYING BUYING --- Need up to 3000 Choice Gem AU slider Morgan Dollars. Under 1000 pieces just ship. Paying $xx per coin. Also need up to 5000 Choice AU slider Walkers. Paying $xx per coin. Will COC to knowns.</p><p> </p><p>(COC) means "Check on Confirmation". Coins and Check pass in the mail.</p><p> </p><p>THEN..............Coin World ad of theirs is selling "Choice Select BU Morgan Dollars" and "Gem UNCIRCULATED Walking Liberty Halves".</p><p> </p><p>Hmmmmmmmmmmmmmm</p><p> </p><p>Saw this happen on a daily basis for several years.</p><p> </p><p>I also, as a dealer, bought accross the counter 20 Original Bank Wrapped rolls of Walkers dating from 35 to 47. Superb rolls, 2 end coins toned, etc. etc. I offered them to several of those dealers on Facts and they were not interested. :-((</p><p> </p><p>Anyway.....buyer beware.[/QUOTE]</p><p><br /></p>
[QUOTE="jerryb, post: 539838, member: 16838"]From my oldtimers personal experience. Back in the 80's and 90's I had a retail shop and was on the worldwide Facts Coin Teletype network as A50. I dealt with all the dealers mentioned in the Skyline thread. Another dealer, here in Saginaw, MI, (who also was on Facts used to "laugh in discust" at the daily pounding of buy messages over the teletype by these named dealers. What were they in the urgent need for??? You may have guessed it already. Messages like this: BUYING BUYING BUYING --- Need up to 3000 Choice Gem AU slider Morgan Dollars. Under 1000 pieces just ship. Paying $xx per coin. Also need up to 5000 Choice AU slider Walkers. Paying $xx per coin. Will COC to knowns. (COC) means "Check on Confirmation". Coins and Check pass in the mail. THEN..............Coin World ad of theirs is selling "Choice Select BU Morgan Dollars" and "Gem UNCIRCULATED Walking Liberty Halves". Hmmmmmmmmmmmmmm Saw this happen on a daily basis for several years. I also, as a dealer, bought accross the counter 20 Original Bank Wrapped rolls of Walkers dating from 35 to 47. Superb rolls, 2 end coins toned, etc. etc. I offered them to several of those dealers on Facts and they were not interested. :-(( Anyway.....buyer beware.[/QUOTE]
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