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<p>[QUOTE="jb10000lakes, post: 25238226, member: 102967"]Perusing the auction houses, I came across this listing: <a href="https://hibid.com/lot/186548664/2016-gold-mercury-and-standing-liberty-empty-boxes?ref=lot-list" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://hibid.com/lot/186548664/2016-gold-mercury-and-standing-liberty-empty-boxes?ref=lot-list" rel="nofollow">https://hibid.com/lot/186548664/2016-gold-mercury-and-standing-liberty-empty-boxes?ref=lot-list</a></p><p>I just don't see how this isn't essentially selling a pre-made "scam in a box" just add fake coin. I wrote to the auction house and they were all offended at my accusation (I didn't accuse them of anything, just stated that I wouldn't want to have anything to do with selling them). I then got a laundry list of reasons why someone might need to buy new packaging:</p><p> </p><p><i>"There are very valid reasons why empty packaging is sold. If you go to eBay, there are plenty of sellers of these boxes, in addition to empty boxes for Proof Silver Eagles, Commemorative Proof coins, etc.</i></p><p><i><br /></i></p><p><i>The main reason is because many people have the coin or bought the coin in a 3rd party holder, such as NGC, PCGS, ANACS or ICG, and wish to have the original packaging, which makes the coin "complete". Some people remove the coin from the 3rd party hodler and place it back into the packaging.</i></p><p><i><br /></i></p><p><i>Also, and this applies to Gold and Silver Proof Eagles, which some people wish o put into their IRA's. Yes, bullion can be placed into an IRA account. For the proof coins, they cannot be placed in the IRA unless they are in original mint packaging, so someone who has a PR-69 Gold Eagle and wishes to place it in their IRA, will buy the empty box so the coin meets the requirements for IRA.</i></p><p><i><br /></i></p><p><i>Another reason is that some people, like me, who live on the coast of Florida, were ravaged by Hurricane Ian September 2022 and although the coins were not damaged, the packaging was, as cardboard and water do not mix!"</i></p><p><br /></p><p>I don't know, I just know I wouldn't be comfortable selling them, especially with the CoAs. I guess I wanted to know if there's a general consensus on this topic or am I just naive?[/QUOTE]</p><p><br /></p>
[QUOTE="jb10000lakes, post: 25238226, member: 102967"]Perusing the auction houses, I came across this listing: [URL]https://hibid.com/lot/186548664/2016-gold-mercury-and-standing-liberty-empty-boxes?ref=lot-list[/URL] I just don't see how this isn't essentially selling a pre-made "scam in a box" just add fake coin. I wrote to the auction house and they were all offended at my accusation (I didn't accuse them of anything, just stated that I wouldn't want to have anything to do with selling them). I then got a laundry list of reasons why someone might need to buy new packaging: [I]"There are very valid reasons why empty packaging is sold. If you go to eBay, there are plenty of sellers of these boxes, in addition to empty boxes for Proof Silver Eagles, Commemorative Proof coins, etc. The main reason is because many people have the coin or bought the coin in a 3rd party holder, such as NGC, PCGS, ANACS or ICG, and wish to have the original packaging, which makes the coin "complete". Some people remove the coin from the 3rd party hodler and place it back into the packaging. Also, and this applies to Gold and Silver Proof Eagles, which some people wish o put into their IRA's. Yes, bullion can be placed into an IRA account. For the proof coins, they cannot be placed in the IRA unless they are in original mint packaging, so someone who has a PR-69 Gold Eagle and wishes to place it in their IRA, will buy the empty box so the coin meets the requirements for IRA. Another reason is that some people, like me, who live on the coast of Florida, were ravaged by Hurricane Ian September 2022 and although the coins were not damaged, the packaging was, as cardboard and water do not mix!"[/I] I don't know, I just know I wouldn't be comfortable selling them, especially with the CoAs. I guess I wanted to know if there's a general consensus on this topic or am I just naive?[/QUOTE]
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