Should You Buy a $75 eBay Coin Grab Bag? See What I Got!
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- เผยแพร่เมื่อ 21 ก.ย. 2024
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What did you get in the penny rolls? Do you like errors?
Silverpicker hehehhehehe yea boi I’m an old coin guy that is worth in good condition I sold one in action the first old one that u die I sold it for in good condition I sold it for $34.674 dollars
Hi
Silverpicker hi
*fun fact* i'm from indonesia 🇮🇩
The fact that they are all individually packaged means they know the exact value
Ya think?
Amazing to think people actually think these ebay sellers are going to sell their stuff at a loss. These grab bag items are mainly for kids to just have fun with them checking out the coins. It isn't suppose to be something where you actually make money from it.
@Psychopath DaveWill done psychopath Dave
@Psychopath Dave Don't you think if he WAS the seller he wouldn't have said "Don't buy this, it seems like a ripoff and you wont make anything off it"? Seems kind of counter productive to trash talk your own ebay store.
@Psychopath Dave And, well, saying how there is a restrike or counterfeit coin in there? Seems kind of stupid that he would be making a video about how he committed a federal crime.
This guy just keeps trying so hard to stay positive and excited about this but you can hear in his voice he's losing more and more hope as he opens more baggies.
He can return them. He lost no money
Ok?
It's great how you put the value of the items as a running counter. So many of these videos act like these are the greatest deals ever you actually look at these unboxings critically.
Yeah this video is much better honestly, but he didnt really count up the value of the foreign coins. Like he counted them all up as $1 however 5 of those coins were valued at £2 per bag (British currency) which alone puts the bags above $2.5 each. I dont know about the other currencies but who knows...
Imagine the thought of getting ripped off on the internet. Lol I have seen illegal drug purchases on TH-cam from the dark web. The success rate and trust rate are pretty much 100% Better business men. Hilarious.
My goodness
I really love it when the seller say, “unsearched”. It always gives me a laugh.
@The Lone Wolf although these may very well be fake too, some of the casino morgan dollar rolls I have seen on ebay look more legit than your average scam
...
Not a coin collector - just watched this out of casual interest. What occurred to me was how similar the two grab bags were. This would suggest that they are not randomly put together out of a haul but the that the coins are specifically collated and selected to go into the bag. Which in turn suggests that you have zero chance of getting a surprise goodie because if they are selecting each coin they will spot it and keep it for themselves.
Buddy u are absolutely rite, I did 2 of them and both of them where the exact same.
Ok? Again...
Literally every single "grab bag" ever is a "scam". They're not going to give you $75 worth of stuff for $75 or they wouldn't make any money.
It's hard to even call it a scam really because you have to have no common sense whatsoever to fall for this "scam".
I believe that's the case with coins but electronics, clothing, well pretty much anything else isn't true.
Not true. Some sellers give one in five or one in ten buyers a super grab bag..
Odds are the seller buys large amounts of these common coins at such a deep discount that even if they did put $75 worth of items in it they'd still be doubling their money.
Did you even watch his last grab bag video?
Grab bags should be at least close this one is really scammy
I had a close friend buy this EXACT product off EBay and was UNABLE to get a refund as the seller had: a. No refund policy and b.TECHNICALLY met their ad by careful wording...you are absolutely right to be angry and it's just not right what some sellers can get away with, as well as how far they push the wording of their items. Thank you for the video and educating everyone so they don't fall victim as well! I always click right away when I see a new video of yours my friend. It's always entertaining, usually educational, and always a good time. Keep it coming!
Beginning of video: I really like this seller.
End of video: this man is a scammer don’t buy from him
haahahahaah :D
No just silver picker sucks at Estimating values
@@ValerieActs412 it's true. His estimations are very low for most of these coins, especially the foreign ones; the two bags selling about for $15-20.
Nandi Collector I know! Lol! Proof sets are around 20$ and/or 45$!
Have a nice rest of your Wednesday!!
@@ValerieActs412 you too my friend! 😊
I KNEW you wouldn't get your money back... As a kid I did a mystery bag of coins out of a magazine. That was 45 years ago and I was 11. Never fell for that shit again.
well that was really rotten?
Too, bad about not getting paid back for your little mishap.
Did that too, I was around the same age, through Littleton Coin Company. The only thing I got in the "random selection" worth anything was a 1964 half dollar. Not only did I learn my lesson about grab bags, I learned my lesson about buying from Littleton.
Ur fifty six?
If u r what the hell r u doing here
Love how the seller cheeses out by using US Postal packaging to pack and pad the parcel. He/she probably goes into the post office and takes all of the free priority shipping materials.
He doesn't even need to go to the PO. They'll deliver you all the free boxes and envelopes you could ever use (I use them for shipping with my company, but I use actual packing material like bubble wrap and bio-peanuts). But, if USPS catches someone using the USPS shipping packages for packing material, they can fine the shipper! All the packaging is marked with, "This packaging is the property of the United States Postal Service and is provided solely for use in sending Priority Mail shipments. Misuse may be a violation of federal law. This packaging is not for resale." One pissed off customer who knows about this rule could get him in barney with the USPS. (although, I doubt it would ever get farther than a warning unless he just continued to do it).
it looks too clinically put together to be "random"
A random collection of junk is still junk.
They are clinically put together by a random house collector agency. There are about 40 of those folks nationwide most of em are relatives of politicians and world travelers... Thieves in their own rights meaning the relatives drop off their currency they never exchanged when they left their vacation business spot. It's been one of the longest running pros and cons scams... These brokers also feed into and help fund those old fashion grave robbers that dig 4 war relics 4 schoolastic reasons. I hope I educated you but the angle is the packs they send y'all really are of an actual honest fractional value that could never actually be determined that I know because all collectors may tell you no collection is exactly the same the reasons they make em grab bags. The actual value is about 40% below what U actually paid. The reason when U a private person present a USA coin U own or found and take it to an appraiser can usually honestly rate a single coin to the current market value. When U mix that foreign fodder and junk in a grab bag renders that honest appraisal gig argument past rational mentality. Most of the coins in cases were mint sets that were sold wholesale by other investment brokers that bought out banks that went under from the 80's on forwards. In my area many banks here had actual show cases that would market mint sets to the banking public. All ya had to do 2 buy 1 was walk in any day of week make a transaction and ask to buy one. Because I have several. In this video the kid is semi correct those mint sets are worth a bit more than 5 bucks each. Some sell at about 10 to 20 bucks especially the complete Bicentenial sets can be worth up to $30 to $50 dollars in stores around here. I bought a couple when they were selling for $15-$20 bucks years ago... now ya can't find complete mint sets in stores around here.. so the mint sets he held were probably a few paltry bucks. So this is kind of a scam and kinda not. The deteriorated coins really could be worth something because if they were cleaned up and given to an investor that did not care to go thru the lots he received there could be a rare coin in the mix of shit. But most people just like the broker could spend an enormous amount of time researching say cache of 50 coins found worth nothing. Getting money back on em selling em to these grab bag folks after cleaning and unclear research could render a real find but not likely. I have 4 Roman era coins I was originally told 30 years ago those coins were novelty pieces worth little to nothing. To date those 4 coins are worth 2K if sold together. They were dug up during the 1940's and sold to a broker. I bought em at a flea market here where I live in the 1970's. They sat in a drawer for years and years. A few years ago I was hurting 4 money so I took em to an appraiser the guy wanted em. I kept the coins because of the way the guy reacted to em. Turns out they worth actual money now days.
I sell grab bags on my eBay but I can honestly say that mine are no scam like these you have been spending your money on. I don’t want to scam anyone. More then anything I would like the people that are buying my bags to want to come back and buy more from me. The few bags you have shown us so far are very disappointing. Thank you for showing them off.
I believe my daughter's piggy bank has more value than that
Thanks for the lecture! It saved me from buying from any of these scammers.
From my experience, these usually have some cool novelty items and that's about all they are, don't expect to make your money back in 95% of cases, the sellers are out to make a profit and usually these bags aren't truly random, they're usually from the junk/leftover bin or selected because of their low value if sold individually. Sure for a lot cheaper you could buy all these items individually, but you probably wouldn't know a lot of them even existed let alone ever buy them on their own, so it's still kind of a cool way to introduce some interesting variety to your collection. Fun to look through but not a good investment in most cases.
Oh my goodness that is a lot of text...
Hate to tell you, but the 1 gram silver bars are likely fake as well.
Really? As in not real silver?? I returned the whole thing, so no loss, but I wish I knew that. Would have done a video on testing them
@@Silverpicker Yes. They look like the bars all over eBay, originally from China for 99 cents each. A seller in Miami has them for $2.
There are several testing videos out there. I don't believe they even passed the most basic testing.
I have to admit that while I expect very poor results from mostly all grab bags/ blind estate lots bought through eBay, I’m intrigued and excited just to see what you’ll get. These grab bag videos you’re doing are fun and entertaining reveals for the community and hopefully cautionary for many as well. Another great video! Thank you!
Really glad you're enjoying them! They take a lot of work, but I'll keep making them if people keep watching them!
Cool
Well put
Well I'm not really sure where your getting your values for these coins but there very different then what I've seen and looked up..
I think I'm just really never about the value of coins in general. Lol
Expose Jeffscoins Ebays grab bags! He’s one of the biggest scammers on ebays with his stuff
Benji Rothman thank you , I’m a victim
This, I haven't bought anything from him but his feed back is terrible
i actually know him very well and he is not a scammer at all. most people are totally satisfied with their purchases from jeff because he always puts them first. most people that have a “bad” experience are people that are just starting out and don’t know what they are really looking at. jeff actually loses money on most of his coin lots
boobam he gives fake gold flakes, had them tested he gives like 25 wheat pennies in a lot , which is worth like 50c
He sells 1lb of wheat pennies for 20$ when you can buy rolls for 3$ on eBay and the 1lb of pennies is 150 wheat pennies , another scam
He sells graded coins “o that’s awesome only 10 bucks wow , you get 3 graded items” generally his graded items are worthless pennies , he also charges way to much for his silver
pretty sure 150 pennies is roughly a pound, mr coin collector. sold by the pound as bullion doesn’t seem like a scam at all.
you haven’t said anything that makes me think he held you upside down and shook your money from your pockets. here’s a nickels worth of free advice.. no one gives someone something for nothing. you have to assume that all the people selling on ebay are doing it for some money. how do you make money selling max slabbed morgan’s in a $30 lot?
does anyone really believe everything in a lot hasn’t been quadruple checked for anything awesome?
you are buying someone’s leftovers when you buy a lot.
and smearing an honest sellers name for giving you exactly what you paid for is just spiteful and the mark of a narcissist. you don’t mess with a mans income.
After getting into this video, I would NEVER buy from a seller like this
I run a coin&jewelry shop in Ohio and your prices of actual value is pretty spot on
I can vouch for Silverpicker, he aint that stupid, I KNOW coz ive tried to scam him many times he never falls for it 😆
Not if all gold & silver on ebay are counterfeits
@@random4969 i scam old people, you should do it too. blackmail is also a good way to make money
Please do more of these, if you get scammed you can always return them and get your money back and get a free video. If you don't get scammed then there you go, you get nice coins and a good video out of it. 🙂
old cars
@Blue collar Gold pockets they're very simple if you're the buyer. All you have to do is say that they sent you an item that wasn't as described and they'll tell the seller to send you a shipping label and you send it back. In my experience, and I'm well experienced, I had my money back in a week. The two times it took longer was when I bought something from China and it took longer to send back.
Always, ALWAYS a scam
I want to thank you for making this. I've been curious about these grab-bags and have considered buying just to see if its worth it. Now I don't have to waste my money. Thank you.
I am not a gambler so I probably wouldn't pick up something like this but I definitely love watching your videos. Since I'm not a coin collector it's cool to see the variety and get to learn the value. Thanks again
Glad you enjoy it! I'll throw my $$ out so you don't have to lol
The good thing here is the feel of excitement opening a surprise. However, I agree there were no chance for real treasures, just some odd items that are hard to sell individually.
Yep, it's a shame that it didn't match the description though. That's what makes it a scam
@@Silverpicker You are in this.
Back in the 60s my cousin made a tidy profit from doing this, the difference was they were truly bulk coins in a big bag and you had to sort them yourself. He said there was generally enough mid-range coins to cover the cost of the bag and a few really nice ones he either kept or sold.
It's sad when the roll of pennies are worth more then the vile of gold.
So true.
@@NandiCollector Totally
Those vials look like they're full of gold leaf and it's literally like four to five millionths of an inch in thickness which is 0.1-0.125 µm (or so). There really isn't hardly any gold in there (by weight) at all.
You shouldn't expect the "product" sent to actually be worth $75; how else would the dealer make a profit on a $75 package.
T.B. Willoughby usually when people do mystery packs, some are worth more and a lot are worth the buy price or less. If you get a pack that’s worth more you win. It’s basically a big gamble
The lot could easily have been given a CATALOG value of over $75, and still return a profit to the vendor. For example, a 1910P Lincoln cent in G4 condition has a catalog value of 36 cents. Will anyone pay that much? No. So throw some more early Lincoln cents into the lot. Maybe a few low-grade Indian cents, which have significant catalog value but don't really sell for that much. Your bulk coins that pile up in tubes are hard to sell, so throw them into the lot You're giving a fair value and getting rid of a bunch of bulk cents that nobody wants to buy from a dealer. No one's saying he has to throw in silver coins or slabbed coins.
I would assume if you read the sellers definition of what he was selling in the bag, you could make a reasonable determination as to whether you wanted to take a chance or not. If you couldn't make that determination comfortably, then don't buy it, maybe?
The seller claimed to have purchased these as a lot so you really don’t know how much they paid for everything. They could very well sell you $75 worth of coins in exchange for $75 and still be making profit. Had they sold the coins individually they would be sitting on stuff for a longer amount of time and would have to pay individual shipping costs and possibly listing fees.
Well, for example, let's say a dealer has a large collection which he paid $4,000 for. He won't want to spend the time sorting thru thousands of items, so he breaks it into 100 randomly sorted/selected grab bags which he sells for $75 each = $3500 profit
It’s a scam, it’s actually a business for the person. People have been doing this for years
christensen623 Right, I remember seeing ads in the back of magazines where they were selling “rare” stamps for .50
It's how coin dealers get rid of stuff they can't sell. They do it at auctions too, put a nice coin in with a bunch of junk they have trouble selling.
50 years of libtards in control doing it wrong ! Don.t make it right ! !951 America lost its choice to pick a real person to represent You . And now we face a communist take over . Dumb libtards are going to cause the next civil war.
@@pockit57d.a.d.68 what😐
I thought the whole point of this was surprise and a treasure hunt, but he tells you exactly what you get...
Yep...and lies about it 😂😂😂
At least there’s a quarter pound of world coins! Not much tho.
@@rishigaming9708 if anyone tries to sell you "quarter pound of world coins unsorted1!!!!!11!!!!" its gonna be the same shit (mexican pesos, euros, and british pounds)
The car wash gave me more valuable coins
I would personally stay away from these type of things. In my experiences with them, it has mainly just been junk. I used to buy these in my earlier days of collecting coins and investing in gold/silver.
Josepch Will the more detailed in the “description” the more lack of detail you notice. I lean towards the junk drawer sales, ones where the pictures are exactly what you get. Usually with those one or two decent items that make the whole lot worth it. I only buy for entertainment
Very good video. Glad to see another channel showing the scams and fraudulent behavior online.
some cool stuff but that sucks....i was thinking of possibly getting one of those grab bags one day,...until i watched this vid...thanks for posting
hey just trying to make a living..moneys gonna circulate anyway..youll prob get your money back if you find a coin on the floor as you walking
Dakota, yea man don’t do it. Who’s going to sell a million dollar coin for 75.00. Not happening.
You are right on the money. You seemed to look at everything wanting to find value but it just wasn't there. Thanks for the education.
I am a lady 75 in Oregon. I love old coins, but sometimes a person gets taken. Lol. I think who ever bought the Estate looks at the items first. I do not think they would really send out things worth $ . I did like the video. Thanks👍
I can answer this. Are you looking to get the value of which you pay, or possibly make money? If so DO NOT BUY
Thank you so much for the video. There are too many of these kinds of people on eBay, thank you for exposing them.
Solid video dude. Was entertaining. The thing about the grab bags (as you said early in the vid) there are tons of these for the respective hobby you're interested. They're around for people to offload their bulks to make money. Great for beginners if the price is right but just like in my world (magic cards) I stay well clear from these ebay lots. Thanks for the video :)
Agreed (P.S. I've been playing Mtg since 1995. I also stay away from those P9 lots)
@@Silverpicker Truth! Those are the worst to look at.
For me, as a beginning coin collector, I thought it was cool. As far as my budget, I could not afford to spend $150 on that. $75 tops. But I would assume, before purchasing, that who ever had the "hoard" already went through everything took the most expensive stuff out. Leaving some cool things, novelty items. In the end you should have known you would break even on the best day. Great video, I agree with your decision. I am new to the channel i will be subscribing. And I already hit like lol
Seller took a 5 gallon jug of change to a Coinstar machine. He took all of the foreign coins and miscellaneous coins that were rejected and sold them as a grab bag
I know nothing of coins, I would have fallen for that reproduction. The seller probably was not expecting you to be so savvy.
Never buy these type of "Trust Me" grab bag items.
How do you think seller makes money after paying high ebay fees?
He bought it with the intent of making a TH-cam video so it was an investment for TH-cam and if it had actually been a profitable purchase that would have been an an added bonus.
The CEO just destroyed Ebay dumb libtard turned it into a GHETTO then quit.
You have more Gold Flakes in that tube then you have in that Grain of Gold. I Think it was a Big Rip Off. Thank You for letting us Know. Great Video.
I'd say, I'm sorry that this was a total bust....but like you said, this is food for thought, and buyer beware ! Thanks for taking one for the team !
Just so you know, 1g of pure silver is worth 50 cents, not $2. Not sure how many other things were overestimated by a factor of 4.
I love it when you open these grab bags!
Thanks for doing this. Now I won't make the mistake of doing it. Congrats on 40k subs!
Thank you!!!
Sorry for your loss mate, great content 👍
You can catch good deals on collectibles on eBay, but not from collectible sellers. Random people selling for friends and family, selling stuff they inherited on and on.
I cannot stop laughing about when you were talking about your knife before using it to cut open the package cushioning lol smh thanks for the video and the great laugh again
Keep exposing the crooks and the crooked. Big help to the community, thank you.
Wouldn't his ebay rating or whatever you call it expose him?
By now, I'm sure it has. Good point.
Definitely would be returning them too idk how they have such positive results
Andrew Boyer “Entertainment value” because their aimed at beginners, people not knowing much about coins and such. My first was when I just started regaining interest it was fun learning but in the end it was only worth it for me because of the learning and excitement.
He removes and blocks negative reviewing customers from his store! Happened to me!
He is a sneak thief. He buys in bulk from chineese dealers. The gold flakes arent even real it is tested as just gold paint chips. He will not return your money ether it's a scam
@@johnathanbusse4679 How the hell do they get away with this nonsense?
@@dontswin because they block all the people that give them negative feedback. Also he will not return your money he will only offer 15 percent off your next purchase wich he still makes out on and the buyer gets robbed yet again if they choose to go that rout
You've been scammed
Well done, appreciate what you did. I have learned over the years of not so good purchases. Nothing major, no big losses on my part. I still like Ebay but, buyer beware, thanks to folks like yourself
I give those "1grain" of gold certificates away as stocking stuffers every Christmas. The kids love them, and you can get them for cheap on ebay. I usually pay $6-$7 with shipping included
Older stuff has mor historical value to me than money and enjoy little things like wheat pennies in my change and treasure them just like my expensive coins
Super Moon same here I’ve got a bunch almost all from late 30’s to early 50’s
Sgtlott 10 I just recently bought a coin book for all mine there was a 100 or so love this wheatys
Super Moon wheat pennies are the best, I once found one and that sparked my whole collection, I love it
What I want to know is the end result with returning the items? Did they offer you a refund/replacement?
Emmjay no you just return them. You won’t get a refund/replacement.
I am in the process of returning it now. Will update later on
by ebay rules he will get a 100% full refund and free shipping
At least you received the item, eBay charged my credit card, never sent my grab bag and refused to answer several emails I sent to them. eBay is nothing but a huge rip-off.
@@hllywd5549 clearly you do not understand how to get a refund? ive never been messed about with ebay if the seller takes over 3 days to respond and you took out action against the seller you would get refunded instantly i hate people who shame ebay as a whole when they just do not know how to use it
This is why I don't sell on ebay anymore (have been a member since 1999)
The seller literally gave you everything he advertised, and went WAYYYY above any beyond packing everything up.
You can't expect to get your money's worth back out of something like this, as nobody would be stupid enough to include a "surprise" that was actually worth something notable.
Complaining about 1 single item out of hundreds, which "may" have been misrepresented but in either case would not have been worth much if anything - just makes you an asshole.
Hey, you asked.
I also sell and ebay and get what you are saying.. but the token was misrepresented though and the main reason he bought it... if I said but this crap and get a bonus item, the bonus item better be what it says or it is false advertising. if correctly advertised then I would agree with you 100%. nobody sells grab bags at a loss.
You just paid $150 for two piles of junk. If you are into junk, then it's a great deal. Not sure what you were expecting to get, but you got exactly what I was expecting.
You convinced me to stay away from ‘grab bags’.
This person got all of those banknotes from AliExpress
"This coin was graded by a total B.S. company". Ha... love it.
Yea they will do trades but no full refunds
Random ebayer unloading a pile of garbage currency on a youtuber = Priceless
I've mentioned it before, but I don't know why these types of dealers can't throw in hard-to-sell coins with significant catalog value. Like a cull early S-mint Lincoln that's dark and corroded. There's no point in keeping them to sell individually because no one will buy them. One could easily provide $200 in catalog value without really giving up even $50, and thereby protect oneself against returns to some extent. Common-date Indian cents and Liberty nickels, in F or VF condition, are hard to sell too. They're common as dirt and could be thrown in to these collections.
Hey! Um, do two grab bags of 100 dollars!
Ugh.. Fine lol
@@Silverpicker better one for 200$
@@Silverpicker woah, chill, what's with the attitude?!
Awesome video, makes me miss coin collecting as a kid :D
I like that 2 cent piece, but yeah that's the bottom of the barrel stuff. I would be disappointed
Those Mongolian notes were really cool, but not $150 cool xD
1864 CIVIL WAR Hellooooo Think of the confederates holding this or the yankess imagine whose hands that coin was in
@@tied2dye1 who cares lol
As a lot of other people have presumed, no seller is going to sell a literal random coin assortment without having valued out every single item in the "grab bag". You would be better off just going to the bank and buying so many dollars worth of nickels, dimes or quarters, and going thru them looking for rarities. You are more likely to find them in that sort of genuine "grab bag" than what a dealer will sell you! Obviously, banks have neither the time nor the inclination to check every coin that passes thru their hands in search of rare pieces.
🤣🤣🤣 this is like what i find inside my car under the seats.
@David Kellemen yea, they look ancient🤣
Sellers are in business to maximize profits. If you get something good to break even, consider yourself fortunate. If they were truthful, they'd write "Sucker" instead of "Grab Bag" on them. The same goes for "unsearched" rolls or penny rolls with silver dimes on the ends. They're ploys, gimmicks to rip ya off.
THAT Ancient coin is only one buck if someone told me it was that date I would pay upwards of 100dollars
I personally own a coin from c. 900-1000 AD and it's worth like $1. If a coin is mass-produced enough, it's too common to be worth anything regardless of age. The thing about coins is, they LAST.
Better to look for "Lot Ancient Coins". You can make a few dollars if cheap enough
While that ebay offer may not be of great monetary value, to someone who’s just interested in a bunch of cool money from around the world, this is cheaper than flying to Mongolia, Venezuela, China, Belarus, etc. etc.
Some of those values are wrong, from the 'full 1/4lb' which you value at $1, I spotted two British 50 pence pieces, which are still current. Those alone are $1.25
some of the foreign coins can give you a surprise over time if you wait. Just look at the Mexican coins they used to include in those grab bags.
Leatherman 'micra'. I've owned one for many years, it came with a leather sleeve/pouch, and lives in my pocket alongside a 'space pen', both still working well after 20 & 30 years respectively.
Tools for life. ☺
At worth value if your correct, you're taking a dive of about $72 Bucks . They'll probably charge you return shipping or restocking fee. Good luck.
9:07 The top 2 are from the Constantine period. Both appear to be of the 'Emperor dragging captive' type. No idea about the 3rd below, but it's probably a Barbarous Radiate (ancient fake) of an antoninianus. Not worth much, I'm afraid.
Just curious if you had any issues returning due to the California gold coin was a “freebie” and everything else was as described? @Silverpicker
Nope. Even though it's a "freebie" it's still part of the listing. It's also what compelled me to buy two grab bags instead of one.
Terry Tibbs will give ya five 'undred forrit
I understand the sellers wanting to make a tidy profit but when the profit margin is so big it's obvious that it's pretty much a scam. Especially when they claim it's unsearched or some other such bs...
If i was the scammer, i would sent the first package worth of more than 75 usd. So people would think it is worth the risk and order a bunch of these packages, then i can send the crappiest coins to their second, third and maybe 50th order.
This dude should read Scam 101
You got shafted. 😄
Sure did
2nd reply
FYI: 1 gram of silver is worth about 50-60 cents
True, but there is a small premium for being an art bar
@@Silverpicker yah. I have about 5 of em. How do you buy larger bars without a huge premium? I am interested in buying a one ounce silver bar and an ounce is now worth $15. I can't find em for under $30
Jon Arbuckle check out modern coin mart, money metals exchange and others you’ll find on google. Mmex has a great first timers pack that isn’t a rip off. All of those exchanges especially if you call them while checking out their web pages will offer great “bargains” to get you in.
I also got into the monthly investment on mmex where I put $100 into a gram of gold and balance silver, if you do that take the option to store in their vault with them sending it to you every three months to save on shipping.
Jon Arbuckle ur best bet is a local coin and silver dealer bc online if u by small quantities you pay extra and as well for debit card and PayPal so try to find a local dealer
@@nsnumismatics4497 OK. Thanks. how much would I be looking at for one ounce? I know the value has just dropped below $15 and ounce
Seems to be a scam as they were individually wrapped, the person must have known the value before mailing it and sad to see a counterfeit token. I hope you get your money back.
Once in awhile if you have a good eye and they have clear pictures on eBay you can get some great deals on coins. I just bought a 1886 o Morgan Dollar for $200. Going to send it off to PCGS I think conservatively it is ms 62. Just got back a 1897 o from NGC that I paid $65 bucks from an eBay auction that was ending at 2am in the morning, came back au58
Scam deal for the uneducated buyer! Great video to shed light this all too common practice from scammers on Ebay. The honest seller would at least bring the value of the items to retail market value. (Give or take some percentage points) Great educational video!
The video has been over for 20+ minutes and I just stopped laughing enough to get up off the floor.
Down by $40 with the first bag - Wow.
I always laugh when I see the Offers for "unsearched" wheat pennies. They are always a rip.
Sneaky ways for a seller to unload his junk. I always want to know up front what my hard earned money is buying. Seller not stupid and not gonna lose money. He's only going to make money and hoping most, if not all, buyers will not want to go through the trouble of disputing the purchase. Thanks very much for sharing and exposing what I believe to be is a scam.
Thank you for checking those out
I didn't think grab bags were supposed to cost 2x the price of the items at retail when sold separately. Like going to Sams and paying 50$ for a 48 pack of cokes.
Go to any coke factory its only 10 cents each right out of their machine in the lobby
These clearly aren't from a private collection. They buy lots and put together grab bags. Probably source from flee markets and inventory clearance from coin shops
A gram of silver isn’t worth $2 it’s worth $0.50
I don't know why people expect great things from grab bags like these. Sellers obviously go through the material to see what's valuable and what's not, keep the good stuff, and sell off the rest.
Not to nit-pick, but today's melt for a silver dime is $2.13... So you did a liiiiitle better than you thought! Enjoyable video!
Very nice video I really like the details you include, to bad you didn’t get your money’s worth
I agree, I was completely shocked with the first box… And about a minute into the second one, I was pissed off and sad for you!! I’m guessing that 99.3% positive seller rating is that high because almost every single person who has bought/purchased those items or grab bags has no clue about coin collecting! And yes I agree, you as well as the Community should list the scammers as well as the F-4 mentioned (Crooks) 💯
I got the same lot couple months ago I sent it all back, totally not worth it
Same
There are people who enjoy buying gold and silver. There are those that enjoy buying gold and silver with little concern to market value, those that have never endeavored to become an entrepreneur. The online auction market is a fast pace, almost predictable set of customers that seek authentic coins which hold numismatic value. We are buyers and sellers, from novice to veteran. It upsets me to see any credibility granted to a grab bag. How do people just have money to blow on these weak valued coins and currency? Also, the currency market is drying up FAST. Don't be deceived. Fiat currency is just paper. It represents a very temporary means to buy and sell. HARD currency I.E. Metals are Gold, Silver, Platnium, Rhodium, Paladium and even Copper, avoid premiums on copper. Long story short, be wise, research, learn the value of numismatic coins, keep up with demand, keep up with spot price and keep informing yourself on acquisitions made by big buyers. Stay one step ahead. It's hard enough to bust your ass out there to make a meager living, then invest poorly by purchasing bogus deals like this with no professional analysis. This guy isn't even questioning the validity and paying retail. Do your homework.
He scammed you right off of the back they are not grab bags they grab boxes
I love your ska-like transition music and your videos are pretty great too