Old US Gold Authentic?

Discussion in 'US Coins Forum' started by ilmcoins, Sep 1, 2018.

  1. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    You are 100% correct. I regret my previous post.
     
    LA_Geezer and Kentucky like this.
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  3. Santinidollar

    Santinidollar Supporter! Supporter

    Why would anyone even contemplate buying coins like those from an unknown seller? There are plenty of reliable dealers to go to.
     
    britannia40 and LA_Geezer like this.
  4. Santinidollar

    Santinidollar Supporter! Supporter

    eBay no longer cares. Period.
     
  5. Kentucky

    Kentucky Supporter! Supporter

    Yup, I've lost count of the times I have reported Papas_Pouch, Know-Z-Ark and similar variations.
     
    LA_Geezer likes this.
  6. Michael K

    Michael K Well-Known Member

    Even I can see those coins are bogus. And I don't know anything.
     
  7. Kentucky

    Kentucky Supporter! Supporter

    If you know nothing, how do you know they are fake, especially if the pictures were taken from slabbed specimens...
     
  8. charlottedude

    charlottedude Novice Collector

    Those coins look absolutely genuine. There's nothing wrong with the portraits or the "look" of the coins. Whether the seller actually has them in his/her possession is a completely different issue. They look like they were cut & cropped from other images of holdered coins. Here are examples from my group of girls of the same dates to compare. The 1804 HE is the "Small Date" variety whereas mine is the "Large Date over Small Date" variety:
    1798 HE.jpg
    1804 HE1.jpg
    1806 HE Rd6 BC1.jpg
    1809:8 HE1.jpg
    1811 HE.jpg

    'dude
     
  9. Michael K

    Michael K Well-Known Member

    Seemed like way too much good detail on all of them,
    to be the actual coins this person was selling.
    It wasn't nec. the coins that were bad, but the authenticity of ownership.
     
  10. ToughCOINS

    ToughCOINS Dealer Member Moderator

    I will go on the record as stating this seller is hazardous to one's financial health. I had a run-in with him on eBay over a decade ago (he had 3 different eBay accounts at that time, and has long since worn out many different member IDs), and suffered one of my most serious losses. I won't give away much detail, as the guy still owes me a lot of money.

    Suffice it to say, if you give your money to him, all you'll get back is a box of air.
     
    TypeCoin971793 likes this.
  11. Mkman123

    Mkman123 Well-Known Member

  12. ToughCOINS

    ToughCOINS Dealer Member Moderator

    I tried pursuing him through the legal system and was told that, because of jurisdictional issues, he was essentially out of reach.

    He bounces between a few different regions in France, uses multiple selling accounts, only accepts wire transfers, and pirates the images of other seller's coins to represent what he purportedly will deliver.
     
    Mkman123 likes this.
  13. Santinidollar

    Santinidollar Supporter! Supporter

    The modus operandi certainly fits this listing. Thanks for the warning, Mike.
     
    1916D10C likes this.
  14. Mkman123

    Mkman123 Well-Known Member

    @ToughCOINS oh darn, what a piece of crap this guy is! I hope you and others keep flagging everything he sells, frigging crook!
     
    1916D10C likes this.
  15. 1916D10C

    1916D10C Key Date Mercs are Life! 1916-D/1921-D/1921

    Maybe Ed Wood is selling his coins!!
     
  16. 1916D10C

    1916D10C Key Date Mercs are Life! 1916-D/1921-D/1921

    That’s an online coin buyer’s nightmare. I’m sorry to hear you went through that, man. It seems akin to the Nigerian phone scams, albeit, a bit more targeted......
     
  17. ToughCOINS

    ToughCOINS Dealer Member Moderator

    He's pretty darned crafty.

    My spidey-senses went off when I read that he would only accept a wire transfer, but I desperately wanted to own the coins. Curiously, I now cannot remember exactly what they were, but they were very scarce.

    Because he was in Europe, and because there would be no protection from eBay / PayPal / AMEX, I wanted to know he really had them, so I asked him to shoot and send me a new photo of the coins held together with a different background of my specification - something I was sure could not be effectively photo-shopped. The next day he produced the requested photo.

    Convinced, I wired him the money.

    I turns out he had contacted the true owners of the coins and asked them to do exactly the same for him. They did, and he sent me the photo they sent to him.

    I know this because I eventually found those coins advertised in the inventory of a prominent US coin dealer. Same coins, holders, grades and serial numbers. I contacted them, and sure enough, they'd been asked for that photo.

    This guy is devious, and will stop at nothing to steal your hard-earned money.
     
  18. C-B-D

    C-B-D Well-Known Member

    Special place in Hell for soulless thieves like that... That is downright dirty!
     
    Mkman123 likes this.
  19. ToughCOINS

    ToughCOINS Dealer Member Moderator

    That 9/8 is an awesome coin!
     
    Pickin and Grinin likes this.
  20. 1916D10C

    1916D10C Key Date Mercs are Life! 1916-D/1921-D/1921

    If he would instead use his time and ingenuity he is spending for deceptive activities on doing business the correct way, he could be making good, clean money. That’s just outrageous. What goes around, comes around. He’ll get his, man. That still really stings, I can only imagine your pain. :shifty::banghead:
     
  21. -jeffB

    -jeffB Greshams LEO Supporter

    I'm sorry to hear of your loss.

    I try to pay attention to discussions like this, partly to make sure my own strategies are still likely to protect me. In this case, like I said, refusal to accept a payment method that supports Buyer Protection was an immediate hard stop.

    I'm just a dilettante, though, and you've been making a living at this. Do you find that there is good stuff on eBay (or similar venues) that requires accepting this kind of risk? For me, it's really easy to walk away from a listing; I've essentially got nothing at stake when I do so. If I needed to maintain throughput to make a living, I'd need to think (and look) a lot harder, and I might need to change some of my strategies...
     
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