Re: Anyone seen any unopened GSA Morgans on eBay?
oly
> I ask because I was doing a search and couldn't find any. I seem to recall
> there always seemed to be at least a few running. Don't know if my search
> skills are lacking or if ebay shut 'em down.
My general impression is that a lot of good stuff has gone off the e-
bay market in all areas.
It could be e-bay's fee greed, but it could be people are just waiting
for higher prices.
Some of my routine searchs just haven't been very productive lately.
I doubt that it is your "search skills".
oly
Beanie
"Bryan" <carsoncityc...@yahoo.com> wrote in message
news:imha3j$2ok$1...@speranza.aioe.org...
>I ask because I was doing a search and couldn't find any. I seem to recall
> there always seemed to be at least a few running. Don't know if my search
> skills are lacking or if ebay shut 'em down.
Speaking of GSA dollars, Coin Vault on cable TV is currently peddling some of
the ugliest GSA CC dollars I've ever seen.
Heavily bag marked and generally beat to shit, they are the ones the GSA was
selling as damaged in that long ago sale.
But the gonifs at Coin Vault are pricing them as if they were MS65.
Frank Provasek
> "Bryan" <carsoncitycollectib...@yahoo.com> wrote in message
The Coin Vault coins are clearly labeled Uncirculated, so they are NOT
the ones
sold as "damaged."
https://www.thecoinvault.com/Store/catalog/GSA-Hoard,124.htm
Wholesale on MS60 common beat up GSA CC Morgans is $175, Coin Vault is
selling them for $259 Nowhere near MS65 prices. Considering they
have
to buy the time on satellite and cable systems, pay for a television
studio
and talent and engineering, operators standing by...I am surprised
they
are able to sell these as cheaply as they do.
Beanie
"Frank Provasek" <fr...@frankcoins.com> wrote in message
news:9f5b21a0-806c-4b1d...@f18g2000yqd.googlegroups.com...
https://www.thecoinvault.com/Store/catalog/GSA-Hoard,124.htm
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The Coin Vault's expenses notwithstanding, their prices in general are
ludicrously high.
The GSA CC's they are selling are the ones that the GSA sold at the lowest
price.
The coins are ugly and bag marked and would be lucky to grade MS60
Bremick
"Frank Provasek" <fr...@frankcoins.com> wrote in message
news:9f5b21a0-806c-4b1d...@f18g2000yqd.googlegroups.com...
https://www.thecoinvault.com/Store/catalog/GSA-Hoard,124.htm
_________________
So they should be able justify pricing coins at highly inflated levels
simply because of their unique overhead? I'm more surprised at the number
of people who won't bother to become informed and continue to get sucked
into paying those TV prices. Or maybe not.
oly
>
> - Show quoted text -
I believe that ultimately the comparison that is made is being made
NOT to justify Coin Vault's prices, so much as to indirectly suggest
what a great low overhead dealer fellow you could be dealing with if
you'd just start writing regular checks to a certain P.O. Box down in
Tarrant County, Tejas.
That's the point of that great fellow's posting on this forum.
Well, that and his desire to display his obviously superior intellect
and obviously vast knowledge of coins. Obviously.
oly
Bremick
"Frank Provasek" <fr...@frankcoins.com> wrote in message
news:9f5b21a0-806c-4b1d...@f18g2000yqd.googlegroups.com...
https://www.thecoinvault.com/Store/catalog/GSA-Hoard,124.htm
________________
Imagine what prices they would ask if they were hyping their stuff on prime
time network TV.
Beanie
"oly" <oly...@aol.com> wrote in message
news:bc988bb2-b91a-438b...@y31g2000prd.googlegroups.com...
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Not to mention the great deals on public domain DVDs and Goo-Gone!
oly
> "oly" <oly2...@aol.com> wrote in message
>
> - Show quoted text -
Of course, not to mention those other "profit centers".
oly
Jerry Dennis
That's where we, as experienced collectors and dealers come in. If
I'm at anyone's house and see one of those plated proofs offered on TV
(like the currently offered $50 Union "Proof"), I pretty much
instinctively murmur,"What a rip-off." That opens a discussion about
buying and "investing" in rare coins, copies and duplicates.
On a side note, a few short years ago a commercial popped up for those
World Trade Center "commems" that contained silver from one of the
Twin Towers' vaults. When I said, "Boy, they lie about anything on
TV, don't they?", my customer asked about it. We got into a
discussion about coins, and he offered he'd just inherited his late-
father's collection and was interested in selling it. He let me bring
it home where I graded and priced them for him. He was thrilled. He
asked if there was anything from the collection I'd like as a "fee."
Even though there were some nice coins (including, if memory serves,
an 1882 GSA Morgan), I opted for the 1965 SMS as my wife's birth year
set.
Jerry
Frank Provasek
is a chance that a very valuable coin might be sold for a fraction of
its true value? Such sales
are almost always frauds, sometimes with rocks, washers, or fakes in
the box, but more typically the items have somehow been opened and
resealed (all types of "mint" boxes, envelopes, tape, labels, old
paper stock, old roll paper are available) OR in the rare case of
actual unsearched sealed items (such as proof sets) , a sample number
have been opened and found either to be ordinary or ugly, and the
seller thinks they can make more money by hawking the possibilities of
DCAMS galore or rare varieties.
----
Frank Provasek Rare Coins www.frankcoins.com
http://shop.ebay.com/merchant/frankcoins Texas Auction License
11259, Board member of Texas Coin Dealers Association,
Member TNA, ANA, PCGS, NGC, ICTA - Full Time Since 1991
Beanie
> Who in their right mind would sell unopened boxes or rolls when there
> is a chance that a very valuable coin might be sold for a fraction of
> its true value? Such sales
> are almost always frauds, sometimes with rocks, washers, or fakes in
> the box, but more typically the items have somehow been opened and
> resealed (all types of "mint" boxes, envelopes, tape, labels, old
> paper stock, old roll paper are available) OR in the rare case of
> actual unsearched sealed items (such as proof sets) , a sample number
> have been opened and found either to be ordinary or ugly, and the
> seller thinks they can make more money by hawking the possibilities of
> DCAMS galore or rare varieties.
So everyone better shop with you, right Frank?
Frank Provasek
I made no mention of that, but rather I am making a general warning
about
scams that have been around at least 50 years, according to Scott
Travers: