Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Paper Money
>
Pawn Stars Honest Profit Or...........
>
Reply to Thread
Message:
<p>[QUOTE="Owle, post: 928484, member: 22004"]I remember the self-congratulatory ads that Littleton Coin Company ran for a while.</p><p> </p><p>A family had a group of rare notes. They went to coin shop A that offered a thousand or so, they then went to shop B that offered twice that amount. Finally they sent the notes, including a rare 1862 $20 note, to Littleton, not a company that is known for offering top dollar by any means. They realized they could not make a low-ball offer without consequences, so they sent the rare notes to auction. The 1862 note sold for around a quarter million.</p><p> </p><p>If someone holds themselves out as certified appraisers they can be liable for rip-offs. Not every seller is knowledgeable. Trust is a big word when you are dealing with family heirlooms. If I were selling items in the thousands, I would try my best to get top dollar. Many people are just glad to get the cash. We see the ads with cash being dispensed to the seller. Some deals are more than fair. Some are not. Educating buyers and sellers is a public service.[/QUOTE]</p><p><br /></p>
[QUOTE="Owle, post: 928484, member: 22004"]I remember the self-congratulatory ads that Littleton Coin Company ran for a while. A family had a group of rare notes. They went to coin shop A that offered a thousand or so, they then went to shop B that offered twice that amount. Finally they sent the notes, including a rare 1862 $20 note, to Littleton, not a company that is known for offering top dollar by any means. They realized they could not make a low-ball offer without consequences, so they sent the rare notes to auction. The 1862 note sold for around a quarter million. If someone holds themselves out as certified appraisers they can be liable for rip-offs. Not every seller is knowledgeable. Trust is a big word when you are dealing with family heirlooms. If I were selling items in the thousands, I would try my best to get top dollar. Many people are just glad to get the cash. We see the ads with cash being dispensed to the seller. Some deals are more than fair. Some are not. Educating buyers and sellers is a public service.[/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
>
Coin Forums
>
Paper Money
>
Pawn Stars Honest Profit Or...........
>
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...