Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Paper Money
>
Currency dealer I would stay away from
>
Reply to Thread
Message:
<p>[QUOTE="Steve Shupe, post: 8276901, member: 114551"]I fully agree. I have no problem with people trying to make some money from selling items, but they should be priced fairly and not be designed to take advantage of an inexperienced buyer. It's like the fly by night ads on TV for numismatic products. Most are priced 3-5x what their real value is, or even more. Especially the ads where the coin or paper money is Layered in 24K gold or silver. In this case he is taking advantage of people that have heard that star notes are valuable. Sure, some are, and yes, many decades from now they may have a slight premium over face, but the current buyer will not be doing anything other than throwing their money down the drain. He is not selling CU notes, and his prices are higher in most cases than what an CU note would go for. Let's see, what value the Bank Note Reporter gives this note. Huh, not listed, (not old enough or rare enough). Okay let's see what a similar note that is listed, goes for. How about an FW 2003* in VF is listed at $10. Yup, that is about 25x less that his asking price. Caveat Emptor.[/QUOTE]</p><p><br /></p>
[QUOTE="Steve Shupe, post: 8276901, member: 114551"]I fully agree. I have no problem with people trying to make some money from selling items, but they should be priced fairly and not be designed to take advantage of an inexperienced buyer. It's like the fly by night ads on TV for numismatic products. Most are priced 3-5x what their real value is, or even more. Especially the ads where the coin or paper money is Layered in 24K gold or silver. In this case he is taking advantage of people that have heard that star notes are valuable. Sure, some are, and yes, many decades from now they may have a slight premium over face, but the current buyer will not be doing anything other than throwing their money down the drain. He is not selling CU notes, and his prices are higher in most cases than what an CU note would go for. Let's see, what value the Bank Note Reporter gives this note. Huh, not listed, (not old enough or rare enough). Okay let's see what a similar note that is listed, goes for. How about an FW 2003* in VF is listed at $10. Yup, that is about 25x less that his asking price. Caveat Emptor.[/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
>
Paper Money
>
Currency dealer I would stay away from
>
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...