Someone bit the dust on these deals--buying online uncertified gold

Discussion in 'Coin Chat' started by 1953, Jul 14, 2019.

  1. 1953

    1953 Active Member

    Read the reviews at the bottom of their page

    The sellers profile--
    "I enjoy coin collecting, having them graded and then selling or keeping them.
    I have a 4.0 GPA from North Western University and National Lewis University.
    Received 2 majors, 1 Business Management and 2 Computer Science.
    Have 28 years, Computer Hardware, Systems, Software, and Disaster Recovery.
    Specialized in moving financial companies using Oracle's software with McDonald's Payroll and Accounting Systems, Chase Bank, Bank One, Zurich Insurance, and Protective Insurance to mention a few."

    "I owned an S Corporation but closed it out to work directly with OfficeMax.
    Became ill with a terminal illness and became a full time coin collector in 2010.
    My Dad started me collecting and saving Vintage Coins, when I was 10 yrs old."
    Last edited: Jul 14, 2019
    Johndoe2000$ likes this.
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  3. LA_Geezer

    LA_Geezer Well-Known Member

    I spent less than two minutes at the site and figured that was about 90 seconds too long.
  4. PlanoSteve

    PlanoSteve Well-Known Member

    Well, Donnie is obviously a scammer (did you see the 3fer Columbian Commemoratives?), BUT, the guy (reviewer) thought he was getting those 3 gold coins for $438.25 !!!!!?????!!!!!????? And apparently he did not conform to the rules for this particular seller. I do not condone this seller, but come on now...when are people going to be responsible for their own selfish/devious actions? Those 3 coins for $438.25!!!!!!!!! Sheesh...:banghead::banghead::banghead::(;)
    Stevearino and 1953 like this.
  5. Dillan

    Dillan The sky is the limit ! Supporter

    Regardless of who paid what the seller is a bottom dweller , and should be taken to task for his illegal actions . I know the fellow who bought the coins thought he was getting a good deal , that is not the problem this guy should be charged , and dealt with by the law for selling fakes that is the bottom line !! Dillan
    1953 likes this.
  6. 1953

    1953 Active Member

    Those complaints are over two months old. Why has Etsy not taken that guy's shop off? Or if the complaints against him were false then state so on the claims by this guy who bought the coins.

    Returns & exchanges
    I gladly accept returns and exchanges
    Contact me within: 14 days of delivery
    Ship items back within: 30 days of delivery
  7. ldhair

    ldhair Clean Supporter

    There is not much that can be done with a seller like this. He is just looking for a sucker to buy something.
    philologus_1 and 1953 like this.
  8. 1953

    1953 Active Member

    I agree. Buying gold coins that are not certified by a major TPGS and on top of it from a guy that just opened up a shop is very foolish.
  9. Johndoe2000$

    Johndoe2000$ Well-Known Member

    Love those reviews. Makes you want to break out the old credit card immediately huh. ;)

    Edit: I feel bad for the people that trusted this seller.
    Last edited: Jul 14, 2019
    wood_ster likes this.
  10. calcol

    calcol Supporter! Supporter

    Unfortunately, some older folks don't have the reasoning they used to have and were raised in an era before scammers were as common. It was also an era when scamming was either done in person or via print media, so these folks had little experience with scam attempts when they were younger.

    My wife's late uncle wanted to buy his descendants (males only, mind you!) each a double eagle before he died ... about 20 of them. He was about to do it via a junk mail ad. The coins may have been genuine, but if so, were still overpriced. I was able to have him buy PCGS coins from a dealer I know and at a good price. We've had to deal with a couple of other older relatives who developed dementia. One lost $100k to a scammer before there was intervention.

    Point is that victims shouldn't blamed for being foolish until you know more about them.

    JeffC, markr, philologus_1 and 5 others like this.
  11. Coin buyer

    Coin buyer Member

    Indeed, Dillian is 100% correct with his comments!
    Get rid of the bad individuals, the good will prevail.
  12. Razz

    Razz Critical Thinker

    Sorry to see that the seller has a terminal illness; so maybe he figures he wont be around long enough to have to refund any money or face retribution from the authorities. However, there is the ultimate authority he will be facing.
    Randy Abercrombie likes this.
  13. fretboard

    fretboard Defender of Old Coinage!

    Crazy a$$ prices! That's all I know! :D
  14. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    This echos my feelings. I am an old guy that grew up believing that people were by and large good. Now I am savvy enough to know that whole deal was baited from the start. But reading on line reviews and feedback scores? Not me. I’ll stick with my dealer buddy. My relationship with him is all the feedback that I need...
    calcol likes this.
  15. PlanoSteve

    PlanoSteve Well-Known Member

    No, victims should be blamed until you know more about them. Fortunately, you were there to intercede for your wife's uncle. I understand that those situations exist.

    But that's not what we have in this case, & the majority of people buying, or trying to buy gold coins for 10 cents on the dollar are either just not astute or smart enough to avoid these leeches, or they really think they can "get one over on the man".

    You don't absolve people from being stupid until you find out they are smart. Just like you don't absolve scammers because their victims are dumb/gullible.

    Additionally, venues like etsy, ebay & such are not going to take a proactive stance on eliminating these scammers (& likely don't have the resources or knowledge to do so) because they just don't care!

    And to your point: "It was also an era when scamming was either done in person or via print media, so these folks had little experience with scam attempts when they were younger." There was never, in the history of this planet, an era when this crap did not exist...the delivery system just changed. I was scammed as a little kid & I venture to guess we all were. But most of us outgrow the gullibility & smarten up.

    The problem remains, there will always (ALWAYS) be scammers, & there will always (ALWAYS) be victims.
    Hookman likes this.
  16. Santinidollar

    Santinidollar Supporter! Supporter

    The seller has a terminal illness about as much as he has that education/employment resume. More likely, he has a rap sheet.
  17. Razz

    Razz Critical Thinker

    Yea your are right. Did you see in Coin World that Minnesota dealer named Skog has been sentenced to 30 montha for selling counterfeits? Seems like that guy has a history as well...
  18. 2x2 $averKrazy

    2x2 $averKrazy Hopelessly coined in

    did u say bit or buried ?
  19. 1953

    1953 Active Member

    He is one of those "short term wonders" started up 2019 and hopes to sell this and be gone. Has no other coins. These types pop up all the time on these type sites and fade away after complaints or just no one buys their scam.
    The alleged 4 people that have it in their cart are probably associates that are trying to make it look like it is in real demand.

    1972 Ike for $5,000.00
  20. 1953

    1953 Active Member

  21. 1953

    1953 Active Member

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