CollectingBanter

CollectingBanter (http://www.collectingbanter.com/index.php)
-   Coins (http://www.collectingbanter.com/forumdisplay.php?f=6)
-   -   Chalk one up to experience ... "Extreme" roll purchase (http://www.collectingbanter.com/showthread.php?t=130575)

Vector May 24th 05 11:47 PM

Chalk one up to experience ... "Extreme" roll purchase
 
Most likely anyone reading this already knew what I learned the hard
way recently.
I bought a roll of coins on eBay which the seller described in the
item line and in the description as an EXTREME ROLL (yeah, all caps,
that might've been a clue too). In the description, he/she made out
as if these were cherry picked from a much larger group of
uncirculated coins as the very best of the lot.
You don't need to tell me I fell for merchandising hype. I am
painfully aware of that now. I will never again bid on anything with
the "Extreme" descriptor.
The coins are ok. But I've bought better with a more honest
description ... bought some, in fact, that I was pleasantly surprised
with and maybe could've been called "extreme". Not these though.
Most of the coins are AU ... some are low MS.
On the up side, I didn't pay much more than melt value, so I didn't
get ripped off ... just aggravated because I thought I got a real
bargain instead of just a fair deal.
Let the buyer beware and all that, and I've learned a lesson. But,
what kind of feedback would you leave for this?

Edwin Johnston May 25th 05 12:11 AM

Vector wrote:
snip
what kind of feedback would you leave for this?


Positive, but that you found them EXTREMELY mediocre.

Anita May 25th 05 04:01 AM

On Tue, 24 May 2005 17:47:06 -0500, Vector wrote:

Most likely anyone reading this already knew what I learned the hard
way recently.
I bought a roll of coins on eBay which the seller described in the
item line and in the description as an EXTREME ROLL...
Let the buyer beware and all that, and I've learned a lesson. But,
what kind of feedback would you leave for this?


If you were expecting a gem roll based on the seller's description and
received a AU/BU roll, the seller was not being honest. I would either
leave no feedback or a neutral if the price was reasonable, as you
say. The only thing here is that unless it was a BIN, the price could
have gone much higher if people believed it was a cherry-picked roll.
Maybe the seller really meant that all the cherries had been picked
*out* of the roll.

I've been reluctant to buy rolls. Sellers can misrepresent single
coins that have pictures. What might we get with a whole roll of
hidden coins? There are some reputable sellers, but the rolls are so
pricey that there would be a monetary loss if a couple of the coins
did not grade very high. I am hesitant about buying a roll where each
coin cost more than MS64 greysheet :-( Might as well buy single coins
that are already graded -- much cheaper in the end.

Anita

Vector May 25th 05 06:21 AM

On Wed, 25 May 2005 01:12:20 GMT, in (e) said:


tanstaasfl....sorry.


In English, please.

Vector May 25th 05 06:31 AM

On Wed, 25 May 2005 03:01:56 GMT, Anita said:

On Tue, 24 May 2005 17:47:06 -0500, Vector wrote:

Most likely anyone reading this already knew what I learned the hard
way recently.
I bought a roll of coins on eBay which the seller described in the
item line and in the description as an EXTREME ROLL...
Let the buyer beware and all that, and I've learned a lesson. But,
what kind of feedback would you leave for this?


If you were expecting a gem roll based on the seller's description and
received a AU/BU roll, the seller was not being honest. I would either
leave no feedback or a neutral if the price was reasonable, as you
say. The only thing here is that unless it was a BIN, the price could
have gone much higher if people believed it was a cherry-picked roll.
Maybe the seller really meant that all the cherries had been picked
*out* of the roll.

I've been reluctant to buy rolls. Sellers can misrepresent single
coins that have pictures. What might we get with a whole roll of
hidden coins? There are some reputable sellers, but the rolls are so
pricey that there would be a monetary loss if a couple of the coins
did not grade very high. I am hesitant about buying a roll where each
coin cost more than MS64 greysheet :-( Might as well buy single coins
that are already graded -- much cheaper in the end.

Anita


Let me clarify. Up for bid was a roll of 1964 Kennedy Halfs. OK, I
put in a bid, low as I normally do. I periodically buy silver coins
for their bullion value. I lose more than I win, that is my strategy.
Forgive me if you're a seller. But, I think this practice probably
helps the sellers more than anything. I set a bottom line.
Here's the item ... http://tinyurl.com/akwz8
OK, I paid 6x face .. maybe that's not so low. Maybe I was influenced
by the ad. I did expect more than AU/BU though. I am inclined to
leave no feedback, as you suggested.

Bernhard Rich May 25th 05 08:35 AM

Vector while he did say a BU roll I can't believe you actuallly thought
that is what it would be.
High Grade BUs that cheap, aw come on!
It just screams RED FLAG!


Alan Williams May 25th 05 11:30 AM

Vector wrote:

On Wed, 25 May 2005 01:12:20 GMT, in (e) said:


tanstaasfl....sorry.


In English, please.


Familiar to all Robert Heinlein fans as the acronym for 'There Ain't No
Such Thing As A Free Lunch'. ;-)

Alan
'Glory Road'

Vector May 25th 05 01:24 PM

On Wed, 25 May 2005 03:35:51 -0400,
(Bernhard Rich) said:

Vector while he did say a BU roll I can't believe you actuallly thought
that is what it would be.
High Grade BUs that cheap, aw come on!
It just screams RED FLAG!


It was an auction, what do you mean "that cheap" ... I've seen
automobiles start at 0.99

Vector May 25th 05 01:25 PM

On Wed, 25 May 2005 06:30:03 -0400, Alan Williams
said:

Vector wrote:

On Wed, 25 May 2005 01:12:20 GMT, in (e) said:


tanstaasfl....sorry.


In English, please.


Familiar to all Robert Heinlein fans as the acronym for 'There Ain't No
Such Thing As A Free Lunch'. ;-)

Alan
'Glory Road'


Ah, but I wasn't looking for a free lunch.

Aram H. Haroutunian May 27th 05 06:54 AM

On Wed, 25 May 2005 06:30:03 -0400, Alan Williams
wrote:

Vector wrote:

On Wed, 25 May 2005 01:12:20 GMT, in (e) said:


tanstaasfl....sorry.


In English, please.


Familiar to all Robert Heinlein fans as the acronym for 'There Ain't No
Such Thing As A Free Lunch'. ;-)

Alan
'Glory Road'

There ain't no such thing as a stinkin' free lunch?" Is that what the
extra "s" stands for? :-)
Aram.


All times are GMT +1. The time now is 06:37 PM.

Powered by vBulletin® Version 3.6.4
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
CollectingBanter.com