That's bad but wait???

Discussion in 'Coin Chat' started by kaosleeroy108, Jul 7, 2022.

  1. kaosleeroy108

    kaosleeroy108 The Mahayana Tea Shop & hobby center

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  3. Santinidollar

    Santinidollar Supporter! Supporter

    I bet he could have taken the coins to a reputable gold dealer and come out just fine. Not putting anyone down, though, but I wonder if someone who would try to sell those on eBay also would be scammable in person.
    spirityoda likes this.
  4. green18

    green18 Unknown member Sweet on Commemorative Coins Supporter

    22 K layered State Quarter coins? Who's scamming who?
  5. Hommer

    Hommer Curator of Semi Precious Coinage Supporter

    The story is confusing and I really wouldn't expect anything less from the media. What I gathered was that Doug dude wanted him to go by a gift card and Doug dude would send the money for the additional 2 coins to that card. That may or may not be correct though. Whatever or however, Doug dudes intensions were not honorable, if it were my parents, Doug dude's life would become a living hell, but judging from them raising a grandchild, that probably would never happen. He could have just returned the coin.

    I want to edit to add this:

    I went back and watched that news clip several times, paused it at moments where the coins and packaging were clear. There was nothing on any of the packaging that indicated the coins were gold, electroplated, partial, or solid. The most telling evidence was the letter from the bank stating that "We sold James Carver 18-19 of the State Quarters 24K Gold Coins for approximately $8.00 each." As I see it now, the bank that sold the coins didn't relay to Mr. Carver that the coins were not solid 24K gold and from their letter, didn't know the difference themselves. Something should have clicked that even in 2002 a solid gold quarter would have been worth way more than $8. Depending on how the listing read, Ebay as well as Doug dude could be justified in their reactions, but the second attempt to gain more coins is clearly an attempt at fraud or is it. Doug may have given $1000 for the coin and hadn't gotten a refund from Ebay. He too should have known the coin wasn't solid gold with a little research.

    Personally, the coins aren't worth $8 to me now, but I would send the guy a gift to help with his living expenses.
    Last edited: Jul 7, 2022
  6. ToughCOINS

    ToughCOINS Dealer Member Moderator

    Seems like a lot of facts have been omitted . . .
  7. Hommer

    Hommer Curator of Semi Precious Coinage Supporter

    Exactly, but facts don't sell news.
  8. ToughCOINS

    ToughCOINS Dealer Member Moderator

    Man, ain’t that the truth . . . Especially nowadays, when the news don’t sell the facts.
    derkerlegand likes this.
  9. Collecting Nut

    Collecting Nut Borderline Hoarder

    We really don’t know what happened or what’s going on. We only know what the news media wanted us to know.
    spirityoda and derkerlegand like this.
  10. Santinidollar

    Santinidollar Supporter! Supporter

    I reread the story. It’s typical for “news reporters” these days. Write around half a dozen obvious questions, then pretend like the story makes any sense.
    Mountain Man likes this.
  11. baseball21

    baseball21 Well-Known Member

    The majority of them are just rewriting stories they saw elsewhere or something they saw. The entire story makes no sense though they did get it right seller deal with the bulk of the problems but pretty much other than that none of that makes any sense or is how any of that really works
  12. John Burgess

    John Burgess Well-Known Member

    I got no damn sympathy for him if he thinks he got solid 24K quarters for $8.00 each in 2002. I got no sympathy if he thinks hes selling those in 2022 for $4K+ each.

    No, just no. it's a freaking plated quarter, and he knows it, and his letter of authenticity is complete nonsense also who does this??? a bank manager? good sell it back to the bank manager for those prices if they are so sure it's "authentic".

    it's an authentic 24K plated quarter.........

    Ok then take the lot of them to the bank and sell them back to the bank for 24K gold prices, not the $8 you paid for it.

    Scammers get scammed. it's total nonsense from start to finish are people REALLY this dumb????? Doug probably waning to see if he could use the loophole where it ships to get him a free gift card and two more plated quarters, that's about getting the gift card though, not the quarters.

    This guy Jim, should know better what he's up to, and if he don't well, then he's probably not competent to make any serious decisions anymore at all.

    I get wishful thinking, but to then convince a bank to write a letter of authenticity affidavit, most likely just to sign it and notarize it right there at the bank.... Nope.

    Again, they all know he paid $8 each for them, what the hell makes him think that's real 24K gold?????
    -jeffB and masterswimmer like this.
  13. masterswimmer

    masterswimmer Well-Known Member

    I've got this beautiful bridge for sale. I think I found the perfect taker. I also have zero sympathy for this Oscar award nominee. The 'water works' doesn't add any credibility to his story.
    John Burgess likes this.
  14. willieboyd2

    willieboyd2 First Class Poster

    Was alcohol involved?

  15. Mountain Man

    Mountain Man Supporter! Supporter

    There are no more credible reporters nowadays. They don't vet the stories and can't write a correct sentence, twisting the facts. It used to be that editors read every story before approving them to be published, but that era is long gone. Garbage in, garbage out.
  16. John Skelton

    John Skelton Morgan man!

    I don't understand. What is there about the article some of you don't get? I think it was pretty straightforward. I do agree there needs be a follow-up, but what is written isn't supposed to be comprehensive. If you want the final word on this little scam, you just might have to wait for it. But see no reason to just start bashing the news media.
  17. masterswimmer

    masterswimmer Well-Known Member

    If the reader knows nothing about coins, specifically gold coins, they're led to believe the seller was being taken advantage of or scammed. If the reader of the article knows anything about coins, specifically gold coins, then they know the seller was actually the scammer or was too ignorant to know his 'gold coins' were not solid gold, but rather gold plated and therefore worth 'pennies'.
  18. John Skelton

    John Skelton Morgan man!

    Okay, I get it. However, the blame was put on the media, when the real problem is the uneducated reader, according to you. The reader should read any follow-up articles if interested, or ignore it. Either way, I don't see the article being at fault.
  19. ziggy9


    the reporter should have done a little research. he would have found out that there is no such thing as a solid gold quarter. if he had he would have written a much different article.
    masterswimmer likes this.
  20. masterswimmer

    masterswimmer Well-Known Member

    The media shouldn't be writing articles or producing broadcast news without vetting the source and info for credibility. This article barely had any legit newsworthy information.
  21. charley

    charley Well-Known Member

    There is one that does?
    Whoo'd a thunk....
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