Overpricing at its finest

Discussion in 'Coin Chat' started by Matthew G., Nov 5, 2019.

  1. Matthew G.

    Matthew G. Member

    Hello cointalk!
    I looked up “1965 quarter” to see what people were selling. (Side note: I know almost all 1965 quarters are worth 0.25) Anyways, I stumbled upon this listing on Etsy.com. I have seen several other listings on Etsy that are all just like this. This person is selling a very beat up 1965 quarter claiming that it is a double die variety. I looked at the photos and compared them to a real double die quarter. If it was anything at all it was machine doubling. Here is the listing for a very beat up quarter worth around 25 cents going for $25,000. It’s pretty crazy that someone marked it up by 100,000 times the face value. 53791E14-EE2B-4EBB-8987-4B434C06D216.jpeg
     
    Spark1951 likes this.
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  3. Heavymetal

    Heavymetal Well-Known Member

    Unbridled capitalism can be ugly. It’s a jungle out there
     
    Chuck_A, Matthew G. and DEA like this.
  4. thomas mozzillo

    thomas mozzillo Well-Known Member

    ETSY is known for it's outrageous prices and false claims. You can't report them unless you join them.
     
  5. PlanoSteve

    PlanoSteve Well-Known Member

    Virtually no actual numismatist (or even semi-knowledgeable coin collector) will buy coins on Etsy. That's what these sellers are counting on...imagine if/when some ignorant person buys it, thinking "It must be, otherwise why would someone go through the trouble of listing it?"...people actually do this & it only takes one!
     
  6. Collecting Nut

    Collecting Nut Borderline Hoarder

    They are a great website for all outrageous items, unfortunately coins are also there.
     
    Matthew G. and Brina like this.
  7. Two Dogs

    Two Dogs Well-Known Member

    Not even free shipping!
     
  8. wxcoin

    wxcoin Getting no respect since I was a baby

    It probably has a pedigree; Elvis had it in his pocket at all of his performances.
     
  9. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    Oh come on!! Can't you guys read?? It is "Super Rare"! The listing even says so!
     
    Matthew G., DEA, Two Dogs and 2 others like this.
  10. Mithril

    Mithril Member

    Check out an eBay listing by a seller called highrating_lowprice. He seems to be a high volume seller but I can't understand why as his entire stock Is priced at approx 10x the real value.
     
    Matthew G. and Paul M. like this.
  11. Brina

    Brina Well-Known Member

    ETSY is the WORST for coins... :(
     
  12. johnmilton

    johnmilton Well-Known Member

    All it takes one sucker who makes a counteroffer at $15,000. :jimlad: Do you think that the seller woudl be dumb enough to pass on it? :wacky:
     
    Matthew G., Paul M. and wxcoin like this.
  13. juris klavins

    juris klavins Well-Known Member

    no sales tax, though :rolleyes:
     
  14. What....walking down a city street checking prices on say, cloth gloves being sold at various stores...pricing ranges from $1.99 to $7.99/pair for essentially the same damn thing down the street in each and every store...depending upon the GREED of the store operator and owner's....some take what's fair and a decent price...while others look to "dress up what they own too..and try to make it appear much more valuable than what it truly is....somebody actually trying to "GET OVER ON...YOU?"...and here's your choice....do you let them do THAT to...YOU?"
     
  15. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    Look, lets not make an unconscionable sales offer like the one above an attack on business. Have you ever stopped at the convenience store and paid four bucks for a loaf of bread that you could buy at the supermarket for two bucks? Or bought a hot dog for six bucks in the shopping mall when a sidewalk vendor has the same hot dog for a buck? Shop keepers have different levels of overhead that they have to account for when they make a sale and that does not in any way equate to a person with absolutely zero personal accountability offering a common quarter for 25k.
     
  16. Corn Man

    Corn Man Well-Known Member

    My grand parents got scammed by one of these etsy sales they knew I collected coins so they bought a 1000$ 1968 RARE UNCIRCULATED DOUBLE STRIKE and they sent it to me was just a scratched up 1968. Still its funny some people fall for it.
     
  17. thomas mozzillo

    thomas mozzillo Well-Known Member

    That's sad! Is there any way they can get a refund? Report the fraud to the Attorney General's Office in the State where the seller lives.
     
  18. Corn Man

    Corn Man Well-Known Member

    It happened a couple years ago and my grand parants just told there credit card company that someone stole there number
     
  19. okbustchaser

    okbustchaser I may be old but I still appreciate a pretty bust Supporter

    In other words, they committed credit card fraud in order to steal the property of the seller. Other than the amount stolen, how is this any different than what the seller did?
     
  20. Corn Man

    Corn Man Well-Known Member

    They sent the quarter back to the seller in the end so kinda like a refund
     
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