Jim Cavanagh funny 😂 #somethingFishy

+Ken Scialoia There is a risk on ebay of the buyer claiming they received an empty box, however you can overcome this by having evidence to show that it was indeed posted with an item inside. However they can always claim its not genuine or even request a return and send you a fake coin back, there is many scams buyers use on ebay, even on paypal. There is no way to overcome this (I sold 500 items a month on ebay for a few years) ebay will not hear your side or story, they make a ruling, you are unable to speak to anyone who can even tell you why it was made or what to do, and they take the money from you. On higher value items they do ask the buyer a few questions, however if you are unable to provide proof as the seller that it was indeed a different coin they sent back, or not just an empty box, they will take the buyers side. I have taken video evidence of all high value postings, I get the box set up with packing etc, I then start the video before going into the post office, I will place the item in the box with a pre-printed ebay label for proof, I will video the item going inside and being sealed over the top, and handed to the assistant, scanned and receipt given with tracking barcode :- I have never had a problem with the ones I have done this with, and thus I don't know if this would change ebays decsions to someone claiming an empty box or different item) You can however withdraw the money before any problems if its not been made unavailable, and then paypal can't touch it if you stop contact with your bank, however they will try and reclaim the money and shut your accounts down (buyer loses out in this case) Ebay take 10% of the total sale cost, and paypal take 3-5% of the total sale. So on $6000 you get around $5100 (On all big sales like this you can try and say to the buyer you need to speak to them outside of ebay, via email or phone and can split the difference or try and sell outside ebay, beware however if ebay catch this and you word it wrong, they don't like it, however on higher value items in the UK if it saved me £500 for example, then I would tell them ill drive down the next day and can do cash on collection, they can see the item, I get the money, and we cancel the sale on ebay, everyone happy and you save plenty and even take £40 off the item price for them as a hook) Collection of funds is done via paypal which is easy and takes under 1 min with no fees, insurance in the UK comes with the type of shipping, and you can purchase extra, and a loop hole in their definition will allow me to send numismatic coins as jewelry and not have to purchase specialized insurance. If you want complete security, don't use Ebay. If you want a much wider audience and potential higher prices, take a small risk and use Ebay. If you really do have high high value coins however list on free sites with a decent audience and be patient, Ebay is great for moving items fast, but the fees are a killer,

Hi. Can you recommend a similar strategy that might work for Chinese gold pandas?

I feel your pain, me too, I WISH I had known about making BIG bucks like this!!!!! Oh well, hind sight ya know ;)

@GeorgeBonez - If you are an Engineer, you obviously are not dumb. But if you are going to buy something as a hobby or an investment, you've got to know what you are doing. There is an old saying in coin collecting . . . Buy the book, before you buy the coin. There are a fair amount of books on collecting on the web, that will help you acquire the info you need, so that you will lessen the chance of losing money, later on. (and possibly make money later on). This guy sounds like he has been an investor for quite some time, if not decades. He is doing stuff on this video, that possibly took him that long to learn, without losing his shirt. Hope this is encouragement for you.

me 2

Not really because the high value potential of the gold coins helps absorb the grading fees

a lot

Arnold Layne : Don't hold your breath. Last MS70 PL coins were the 2009 St.Gaudens HR. Saw one sell on ebay for over $30,000.00. The coin shown was not a popular one and there are still a lot left at the mint for a lower price than original issue.

You're too kind! I'm just a normal guy.

Yes, of course!

I have a russian gold coin for salw

Sale*

I have a 1901 russian coin for sale

google is your friend; search term "coin collecting"

Coin collecting can also be made by buying directly from mint, doesn't it?

This particular coin sold out within hours of it's release. So if you weren't at work and using your computer to purchase these you were S.O.L.

Johnny S

Don’t understand you won’t get any more for the packaging or design when you come to sell

MowFix Co. High credit card limit

Except after you get them graded you probably can’t return them to the mint? So you may be stuck with A inferior coin and after you paid to have it grade. Also next you will be trying to sell a inferior coin on eBay and pay eBay fees as well.

A lot of times you can’t tell at all without a magnification, other times you can see a tiny dot,smudge, or ding that kept it from getting ms70

They use a 10x magnifier to study the details

it's being judged by 3 people

Buy the slab not the holder? What’s that mean?

Don't use alternatives. NGC and PCGS are the most recognizable in the world. And yes, the coin in PF70 will be worth more.

Because the population reports for a 70-PL are comparatively low compared to a MS69 or even MS70 The PL designation makes this a more rare example The risk, however, especially with modern issues, is that a roll of 70-PLs all of a sudden appear, deflating the value. My suggestion - buy the older classic coins and especially the tougher dates.

jb w I think it’s $1450 now