Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Sometimes ebay isn't all bad...
>
Reply to Thread
Message:
<p>[QUOTE="ranchhand, post: 548199, member: 2622"]I hear lots of "horror stories" about getting ripped off on ebay, thought i would share one on the opposite side.</p><p><br /></p><p> I am a huge fan of U.S. commemorative coins (pre 82) as you can probably deduce form my sig and avatar <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /> I am also keenly interested in the original packaging that a lot of these coins came in. The original holders can be insanely rare, and i am always on the lookout for them.</p><p> Earlier this year I came across a listing for a 1937 Arkansas set in its original packaging, fresh out of an estate safe. Attached is an image form the original auction. The auction had a buy it now of $600 or so, I made a fair offer of $450. The greysheet lists an ms64 set at around $350, so I was making a pretty strong offer. I was really after the case <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /></p><p> They accepted. I received the coins and they where amazingly original, the seller was not lying when they said it was fresh out of a safe. The toning alone told the story; the backs had dark toning in the fields and bright white high surfaces form being in contact with the flocked case, the fronts had color but also very subtle patination form the protective cotton like material that they placed over the coins. the case was in amazing shape, the gold lettering was mostly gone, but i am not sure most of the sets had good lettering to begin with. It also included the stacks paper insert, so it was really complete.</p><p><br /></p><p>I decided to submit the coins to NGC for grading. I have every intention of keeping the set together, along with the packaging and documentation tying the coins with that set for posterity.</p><p><br /></p><p>Imagine my surprise when the set came back ms-66</p><p><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie9" alt=":eek:" unselectable="on" unselectable="on" /></p><p>That's $4400 ask! off the freakin charts!</p><p>to be fair, one coin graded 65, the other 2 at 66. I figure the wholesale cost if i where to turn it over for fast cash is at least $2500 without the packaging. At auction I would guess more around $3500+/- range.</p><p><br /></p><p>So yea... cloud nine here.</p><p><br /></p><p>Also, to add to my incredible string of good luck... on the same submition i sent in a Booker T Washington PDS set that I won in open auction for $120, it also came back as 2 ms-66's and one 65... a full 66 set is $900</p><p><br /></p><p>And also there is anger and frustration; an Albany I purchased in its original packaging, with tab toning and all, body bagged as cleaned. Which is utter nonsense. I will definatly be giving them a call over that one. I pulled it out of its original mailing envelope! <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie5" alt=":confused:" unselectable="on" unselectable="on" /></p><p><br /></p><p>So yea... ebay. Love it or hate it... there is gold in them there hills if you are careful.</p><p>:eat:[/QUOTE]</p><p><br /></p>
[QUOTE="ranchhand, post: 548199, member: 2622"]I hear lots of "horror stories" about getting ripped off on ebay, thought i would share one on the opposite side. I am a huge fan of U.S. commemorative coins (pre 82) as you can probably deduce form my sig and avatar ;) I am also keenly interested in the original packaging that a lot of these coins came in. The original holders can be insanely rare, and i am always on the lookout for them. Earlier this year I came across a listing for a 1937 Arkansas set in its original packaging, fresh out of an estate safe. Attached is an image form the original auction. The auction had a buy it now of $600 or so, I made a fair offer of $450. The greysheet lists an ms64 set at around $350, so I was making a pretty strong offer. I was really after the case ;) They accepted. I received the coins and they where amazingly original, the seller was not lying when they said it was fresh out of a safe. The toning alone told the story; the backs had dark toning in the fields and bright white high surfaces form being in contact with the flocked case, the fronts had color but also very subtle patination form the protective cotton like material that they placed over the coins. the case was in amazing shape, the gold lettering was mostly gone, but i am not sure most of the sets had good lettering to begin with. It also included the stacks paper insert, so it was really complete. I decided to submit the coins to NGC for grading. I have every intention of keeping the set together, along with the packaging and documentation tying the coins with that set for posterity. Imagine my surprise when the set came back ms-66 :eek: That's $4400 ask! off the freakin charts! to be fair, one coin graded 65, the other 2 at 66. I figure the wholesale cost if i where to turn it over for fast cash is at least $2500 without the packaging. At auction I would guess more around $3500+/- range. So yea... cloud nine here. Also, to add to my incredible string of good luck... on the same submition i sent in a Booker T Washington PDS set that I won in open auction for $120, it also came back as 2 ms-66's and one 65... a full 66 set is $900 And also there is anger and frustration; an Albany I purchased in its original packaging, with tab toning and all, body bagged as cleaned. Which is utter nonsense. I will definatly be giving them a call over that one. I pulled it out of its original mailing envelope! :confused: So yea... ebay. Love it or hate it... there is gold in them there hills if you are careful. :eat:[/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
>
Coin Chat
>
Sometimes ebay isn't all bad...
>
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...