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<p>[QUOTE="Vess1, post: 831087, member: 13650"]Me neither. </p><p><br /></p><p> Lets look at this. 29.95 plus $5.99 shipping. For this, you're at least guaranteed $6.36 worth of silver. Ok, that's great. But that's probably all <b>circulated silver coins that, (oh by the way) they have to manually sort through in order to throw each one in the bag!!!</b> Then you get a steel cent which is about worthless if not in premium condition. Then you get an IHC and a buffalo nickel worth maybe $2 a piece? Plus, most likely 100 wheats worth face value because most people aren't going to take the time to sell each one on ebay, take the fees hit and ship each one for 0.30,....... <b>and maybe not even break even!!</b></p><p><br /></p><p> <b>Ok, lets add it up...... 6.36 worth of silver + $4 + $1.00 = $11.36 Which is all the auction promises AT BEST. It cost you $35.94. </b> After paypal fees, ebay fees and shipping, he's left with around $26 clear after each sale. <b>If the average bag contains $11 worth of coins (which we know he doesn't have $11 invested in them buying wholesale!!) as promised, then he's got at minimum $15 profit left after EVERY SALE. </b> He has currently sold 144 of them during this current auction. <b>That realistically leaves $2,160 worth of profit so far for him to play with. </b> </p><p> He may as well pocket a grand for his work and re-invest the $1160 into semi-keys from the coin shop and sprinkle them in! So he can sell more.</p><p><br /></p><p> Kind of like the lottery. The only problem is, it takes a lot of losers for somebody to be a winner. People like gambling. So, this auction works well and he's making however much profit he wants. He's already got enough feedback to where he wouldn't have to invest much back into it anymore now. </p><p><br /></p><p> And call me cynical, but I'd bet $100 it was HIS idea to put the kids in the picture in order to give you a warm, fuzzy, innocent feeling about the auction. </p><p><br /></p><p> Sorry. I'll take a single coin for $29.95 any day. Cool picture though. Have to give him credit for the amount of promotion that went into that page. Certainly, the most I've ever seen.[/QUOTE]</p><p><br /></p>
[QUOTE="Vess1, post: 831087, member: 13650"]Me neither. Lets look at this. 29.95 plus $5.99 shipping. For this, you're at least guaranteed $6.36 worth of silver. Ok, that's great. But that's probably all [B]circulated silver coins that, (oh by the way) they have to manually sort through in order to throw each one in the bag!!![/B] Then you get a steel cent which is about worthless if not in premium condition. Then you get an IHC and a buffalo nickel worth maybe $2 a piece? Plus, most likely 100 wheats worth face value because most people aren't going to take the time to sell each one on ebay, take the fees hit and ship each one for 0.30,....... [B]and maybe not even break even!![/B] [B]Ok, lets add it up...... 6.36 worth of silver + $4 + $1.00 = $11.36 Which is all the auction promises AT BEST. It cost you $35.94. [/B] After paypal fees, ebay fees and shipping, he's left with around $26 clear after each sale. [B]If the average bag contains $11 worth of coins (which we know he doesn't have $11 invested in them buying wholesale!!) as promised, then he's got at minimum $15 profit left after EVERY SALE. [/B] He has currently sold 144 of them during this current auction. [B]That realistically leaves $2,160 worth of profit so far for him to play with. [/B] He may as well pocket a grand for his work and re-invest the $1160 into semi-keys from the coin shop and sprinkle them in! So he can sell more. Kind of like the lottery. The only problem is, it takes a lot of losers for somebody to be a winner. People like gambling. So, this auction works well and he's making however much profit he wants. He's already got enough feedback to where he wouldn't have to invest much back into it anymore now. And call me cynical, but I'd bet $100 it was HIS idea to put the kids in the picture in order to give you a warm, fuzzy, innocent feeling about the auction. Sorry. I'll take a single coin for $29.95 any day. Cool picture though. Have to give him credit for the amount of promotion that went into that page. Certainly, the most I've ever seen.[/QUOTE]
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Now THIS is a hoard...
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