Reply to Thread

Message:: [QUOTE="statequarterguy, post: 782020, member: 21782"]Even though we're both pointing out the problem sellers on eBay, I believe there are many good ones there too.  One out of a thousand of my eBay purchases are a problem because I ask the right questions, as it appears you do too.  Over my 40 years in the hobby, I’ve had the biggest problem with dealers that have brick & mortar shops offering me way below what a coin is worth and selling it for a good premium – they have to pay the cost of overhead and you’re the one doing it for them.  And, I’d say most dealers that have shops are also buying and selling on eBay – they have to, to survive these days.  Actually, the first time I made a profit on a coin, by selling it for what it was worth, was on eBay.  Even though, now and then I like to take a coin I’m selling to a dealer and ask what they’d give me for it, just to call them on it – yes, yes, I know, I enjoy confrontation.  I asked another dealer I knew about a story in Coin World about a dealer that offered an unknowing seller $25 for a $10,000 coin and that dealer told me, “That’s what we all dream of, the sucker that walks through the door”.  All that being said, I’m sure there are reputable dealers out there (ha, ha), but my experience is they are few & far between.   Something like the LP1’s & LP2’s can be found on eBay in mint sealed boxes for a good price.[/QUOTE]