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Saw this ahead of time and didnt bid
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<p>[QUOTE="Player11, post: 1226275, member: 26725"]Assuming this is legit Seller is an idiot. He could got a lot more taking it to a coin shop or selling it in smaller lots setting opening bid about 90-95% of melt. I sell bullion related material all the time on the Bay - no way I would start an auction at anything less than 90-95% of melt. With their sellers fees, you may probably do better shopping it around at a shop or on the bourse.</p><p><br /></p><p>Second of all anyone who would even do a consider a $20K coin deal mail order is a big risk taker and looking to get ripped. I would be curious if the buyer on this deal gets his coins LOL. If you have that kinda money, you can afford the travel cost to go to a show. I have seen at least two horror stories on these boards about buyers who got ripped on buy or sell mail order deals for $10 K or more. </p><p><br /></p><p>One needs to set their own risk limit regardless of feedback, protection, etc. I advise my customers if a mail order deal is over an acceptable risk limit like $300, its better to go to a show or shop and do it sight seen and you get your cash or coins right then. Its just common sense and a lot of coin people don't have it.</p><p><br /></p><p>Believe me, there is no greater hassle than a lost big ticket shipment. What happens is a lot of bay buyers want to be a cheap a and save a few bucks and then end up getting ripped. There is one constant in Numismatics - your gonna get what you pay for.[/QUOTE]</p><p><br /></p>
[QUOTE="Player11, post: 1226275, member: 26725"]Assuming this is legit Seller is an idiot. He could got a lot more taking it to a coin shop or selling it in smaller lots setting opening bid about 90-95% of melt. I sell bullion related material all the time on the Bay - no way I would start an auction at anything less than 90-95% of melt. With their sellers fees, you may probably do better shopping it around at a shop or on the bourse. Second of all anyone who would even do a consider a $20K coin deal mail order is a big risk taker and looking to get ripped. I would be curious if the buyer on this deal gets his coins LOL. If you have that kinda money, you can afford the travel cost to go to a show. I have seen at least two horror stories on these boards about buyers who got ripped on buy or sell mail order deals for $10 K or more. One needs to set their own risk limit regardless of feedback, protection, etc. I advise my customers if a mail order deal is over an acceptable risk limit like $300, its better to go to a show or shop and do it sight seen and you get your cash or coins right then. Its just common sense and a lot of coin people don't have it. Believe me, there is no greater hassle than a lost big ticket shipment. What happens is a lot of bay buyers want to be a cheap a and save a few bucks and then end up getting ripped. There is one constant in Numismatics - your gonna get what you pay for.[/QUOTE]
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Saw this ahead of time and didnt bid
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