Log in or Sign up
Coin Talk
Home
Forums
>
CoinTalk
>
What's it Worth
>
Help grading/appraising a 1897-O morgan dollar
>
Reply to Thread
Message:
<p>[QUOTE="BooksB4Coins, post: 1819517, member: 36230"]Again, ebay is full of positive feedback left on bad buys, so this means nothing and in no way justifies this coin as a solid purchase for whoever bought it. If this buyer truly believes the coin worth whatever premium he paid, yet tried to resell to someone who knows what they are doing, they will be in for an unfortunate surprise.</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>No, you're still making an assumption as this is not fact; you can say “IN GENERAL” all you wish and/or believe whatever you want, but this does not make it a reality. Also, perhaps you could better explain your position as it seems that you’re not including the people that have “<i>little to no idea what they have</i>” with those who sell to a cash4gold establishment. If you believe that someone who pays only 75% of spot is taking advantage of the person selling, there are no exceptions and same goes for a cash4gold which, more often than not are a black eye on this business.</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>Okay, so the guys you know play the angle of baiting people. It is highly doubtful that they openly tell prospective sellers that they pay well for silver so they can hopefully (depending on form) screw them on gold, and the simple fact that they offer 70% on gold should tell you that <i>everyone</i> does not go all over “<i>trying to get the most</i>”. With that said, I do not doubt that what you’re saying is true, but there is still the contradiction.</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>You've received value opinions above and beyond the foolish "<i>$0.99</i>" post and BU's $12, so I am not sure what point you're trying to make by disregarding the others. Also, I do not believe anyone is questioning that this coin did not allow you a reasonable return on your money, but again, just because you say someone paid a premium above and beyond the one you did, this does not automatically mean it was a <i>great</i> buy for you, and certainly not for the person you sold it to.</p><p><br /></p><p>There are all sorts of junk out there that one can profit from, and even a cursory scan of ebay listings should show that a fact. Please understand that I am not saying there is anything morally wrong with throwing a coin to the bidiots as long as it’s reasonable represented, but if you wish to be an “<i>honest modest dealer</i>”, ask yourself what is more important to you: taking the easy route and feeding said bidiots, or offering something of actual and solid value to your customers. In another recent thread you spoke of how some “<i>old timers”</i> do not like computers, don't do ebay/craigslist, and implied that they are missing out on great opportunity, but did you consider the fact that not everyone, for a variety of reasons, wishes to squeeze every cent possible out of a coin? Ebay is what it is, but please understand that for some of us, it simply is not worth the time and effort to sell <i>low dollar material</i> and chance having to deal with the nonsense, so it may be easier to sell it to someone, perhaps like you, who is willing, while craigslist is a whole different ballgame. There is no right or wrong about it, but just different ways of doing business. My point is only that this business may not be as cut and dry as you may think.[/QUOTE]</p><p><br /></p>
[QUOTE="BooksB4Coins, post: 1819517, member: 36230"]Again, ebay is full of positive feedback left on bad buys, so this means nothing and in no way justifies this coin as a solid purchase for whoever bought it. If this buyer truly believes the coin worth whatever premium he paid, yet tried to resell to someone who knows what they are doing, they will be in for an unfortunate surprise. No, you're still making an assumption as this is not fact; you can say “IN GENERAL” all you wish and/or believe whatever you want, but this does not make it a reality. Also, perhaps you could better explain your position as it seems that you’re not including the people that have “[I]little to no idea what they have[/I]” with those who sell to a cash4gold establishment. If you believe that someone who pays only 75% of spot is taking advantage of the person selling, there are no exceptions and same goes for a cash4gold which, more often than not are a black eye on this business. Okay, so the guys you know play the angle of baiting people. It is highly doubtful that they openly tell prospective sellers that they pay well for silver so they can hopefully (depending on form) screw them on gold, and the simple fact that they offer 70% on gold should tell you that [I]everyone[/I] does not go all over “[I]trying to get the most[/I]”. With that said, I do not doubt that what you’re saying is true, but there is still the contradiction. You've received value opinions above and beyond the foolish "[I]$0.99[/I]" post and BU's $12, so I am not sure what point you're trying to make by disregarding the others. Also, I do not believe anyone is questioning that this coin did not allow you a reasonable return on your money, but again, just because you say someone paid a premium above and beyond the one you did, this does not automatically mean it was a [I]great[/I] buy for you, and certainly not for the person you sold it to. There are all sorts of junk out there that one can profit from, and even a cursory scan of ebay listings should show that a fact. Please understand that I am not saying there is anything morally wrong with throwing a coin to the bidiots as long as it’s reasonable represented, but if you wish to be an “[I]honest modest dealer[/I]”, ask yourself what is more important to you: taking the easy route and feeding said bidiots, or offering something of actual and solid value to your customers. In another recent thread you spoke of how some “[I]old timers”[/I] do not like computers, don't do ebay/craigslist, and implied that they are missing out on great opportunity, but did you consider the fact that not everyone, for a variety of reasons, wishes to squeeze every cent possible out of a coin? Ebay is what it is, but please understand that for some of us, it simply is not worth the time and effort to sell [I]low dollar material[/I] and chance having to deal with the nonsense, so it may be easier to sell it to someone, perhaps like you, who is willing, while craigslist is a whole different ballgame. There is no right or wrong about it, but just different ways of doing business. My point is only that this business may not be as cut and dry as you may think.[/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
>
CoinTalk
>
What's it Worth
>
Help grading/appraising a 1897-O morgan dollar
>
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...