Ebay Coins...???

Discussion in 'US Coins Forum' started by CoinVic, Feb 23, 2007.

  1. CoinVic

    CoinVic New Member

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  3. srkjkd

    srkjkd Book before coin

    i have never bought anything from ebay, nor do i know this seller....would anyone give away 90 silver dollars or any measurable amount of gold for $40? are they doing this out of the goodness of thier heart? if it sounds too good to be true......................only imho
     
  4. CoinVic

    CoinVic New Member

    it does not say 90 silver dollars anywhere
     
  5. CoinVic

    CoinVic New Member

    Half a pound of mixed coins unsearched
     
  6. Philly Dog

    Philly Dog Coin Collector

    Old saying If its to good to be true !
    Old coins joke I saw some 2000 sets in pic LOL :desk:
     
  7. spock1k

    spock1k King of Hearts

    is this worth buying it looks like a scam to me?
     
  8. CoinVic

    CoinVic New Member

    Scam ?>??? 1000s of happy custemers......
     
  9. spock1k

    spock1k King of Hearts


    look at what what he does to people who give him a neutral feedback. You can go ahead if you like i think its a ripoff IMHO.
     
  10. acanthite

    acanthite ALIIS DIVES

    His positive feedback is high, but I notice that many of the neutral/negatives concern customers disappointed with the low value and small size of the lots. IMHO anyone using 'liquidators' in their name should be used with great caution.
     
  11. Indianhead65

    Indianhead65 Well-Known Member

    I think you'll find that you wont get much for your money there. Most likely a handful of common junk coins. I wouldnt waste my money on it.
     
  12. CoinVic

    CoinVic New Member

    Ya, Once I got burn on some gems I bought...but the feedback look good, people seem happy one guy continues to buy from them over 23 lots he bought...
     
  13. CoinVic

    CoinVic New Member

    He gaunrantes at least on Morgan for every 3 lots...
     
  14. Indianhead65

    Indianhead65 Well-Known Member

    1 in 3 chances is 33.3%. The odds are 66.6% that you wont.
     
  15. CoinVic

    CoinVic New Member

    how do you explain all the happy cumtomers....people that like the lots over 22 lots they have bought
     
  16. srkjkd

    srkjkd Book before coin

    i was simply referring to some of the other lots they had said had been sold in the ad...i do not know them nor have i ever bought anything off of ebay. perhaps they are selling great wholesale lots for extremely cheap..i am not saying that they aren't doing it. unfortunately, i have much scepticism in me...it is only my own interpretation of the ad they had placed
     
  17. srkjkd

    srkjkd Book before coin

    my apologies i re read the first testimony in the ad....the first person got $90 worth of coins for $38.99...it is possible and i will read it more clearly next time. ..still, if i can't choose which coins i will get, i'm not sure $90 worth of unknown different coins is worth $38.99 to me....only my own opinion.
     
  18. CoinVic

    CoinVic New Member

    Thanks, I too thought it might just be a wast of money, I might jsut buy on to see, and if it's just junck, it wont be the first bad choice I've made
     
  19. CoinVic

    CoinVic New Member

  20. satootoko

    satootoko Retired

    There are several explanations, and the simplest one is the luck of the draw..

    Out of a large group getting coins with a particular one in one-third of the lots, there are going to be a few who beat the odds, just as there will be a few who don't do as well as the odds, so some folks will get their prizes in more than one lot, and others will get no prizes in more than three lots. The big winners will almost always post their testimonials, while the big losers will either post negs, or keep their mouths shut. That skews the feedback to the good side.

    The question each potential purchaser must answer for him/herself is whether the chance of getting more than the purchase price back is worth the risk of getting virtually nothing. Just as there are folks who will risk hundreds of dollars on the millions-to-one chance of hitting the lottery, there are folks who will risk their money on this type of junk. I'm not one of them. ;)
     
  21. CoinVic

    CoinVic New Member

    I don't play the lottery either, with something like that it's always your gain and someone elses lose, not to mention they are just a plain waste of money, you could be saving that money or do something more constructive
     
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