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Saturday, November 16, 2013

Make Certain You Get All the Information on that Coin!

We started out selling on eBay, and a few years back people revealed as much as they could about a coin listed.  Now, most sellers are selling so many coins they have no time to properly list them.  They assume you simply will know the details of what you are bidding on.  But, there may be ambiguity.

Coins often come in multiple sizes.  One, half, and five Troy ounce coins may use the same image.  If the side with the size is not shown, you really have no clue.  In fact, Disney Snow white coins come in multiple sizes, and even silver plated.  Too many people say silver and when challenged say it was silver in color.  We often buy Coca-Cola 75th Anniversary silver coins for resale in our online store.  These are mostly fine silver, but can be bronze, brass, and even silver filled.  A rather rare bar came up at a decent price, and we were interested, but it was one of the few that also comes silver filled.  How do we know?  we bought the reference book, a necessity in this business.  So, we emailed the seller and asked, and were ignored.  was it an incompetent seller, one who did not know to check the edge, or was the bar merely silver filled with a base metal?  we will never know, since we did not bid, and he sold it well under the value if it was indeed silver.  In another case we found Star Trek the Next Generation coins listed, and they are marked 0.999 fine silver.  what is missing is how much silver that might be.  If the seller would have provided the information, we might be interested in bidding and listing on our website.

So, know when coins have varieties, and make an effort to not just guess.

Visit our website at Black Spaniel Gallery Coins
and if we have a coin we give the details.  Many of our coins are directly from the mint, and if the coin is from the mint, we have all of the specifications.


  

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