Author Topic: looking to buy one order of 4 coins from todays mint  (Read 34206 times)

Offline pfscoins

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Re: looking to buy one order of 4 coins from todays mint
« Reply #40 on: August 24, 2016, 01:26:18 AM »
It has been a long couple days.  Goodnight

Offline mbelsky

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Re: looking to buy one order of 4 coins from todays mint
« Reply #41 on: August 24, 2016, 01:32:54 AM »
guar·an·tee
ˌɡerənˈtē/
noun
1.
a formal promise or assurance (typically in writing) that certain conditions will be fulfilled, especially that a product will be repaired or replaced if not of a specified quality and durability.

It's true I didn't go to law school,  but I'm still not sure  what can of worms I opened and why I can't guarantee things.

To be frank, they are questioning what you would do if the price crashed and your buyers backed out and you went bankrupt? If you are making a personal guarantee, that would usually involve putting secured collateral (property/cash) as a financial guarantee to cover potential losses. This guarantee you are speaking of would probably be bound to the corporation/LLC that you are running your business under and would limit your personal liability. If you are not big enough, there is risk to the coin buyers that you will go bankrupt.

The guarantee that Dan made, people found acceptable because they assumed he would rather cover the cost of the losses and continue his business than close shop. I guess they were also assuming Dan is big enough to absorb such a hit and trusting that he would keep his word to make that decision if the time came.


« Last Edit: August 24, 2016, 01:38:53 AM by mbelsky »

Offline JTZ

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Re: looking to buy one order of 4 coins from todays mint
« Reply #42 on: August 24, 2016, 02:34:54 AM »
It's true I didn't go to law school,  but I'm still not sure  what can of worms I opened and why I can't guarantee things.
I didn't go to law school either so lets make this simple. Do you personally have the funds to back every order if things go bad.

You did an excellent job of explaining the difference in your price and eBay. When you claim your price is guaranteed that is stretching it. You every see the movie Tommy Boy? Paging Freddie.  :)

Either way I am done. Best of luck.
"LESS IS MORE" It is the cumulative effect that kills deals!!! How many times do I have to say this?  >:(

Offline pfscoins

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Re: looking to buy one order of 4 coins from todays mint
« Reply #43 on: August 24, 2016, 12:19:44 PM »
I didn't go to law school either so lets make this simple. Do you personally have the funds to back every order if things go bad.

You did an excellent job of explaining the difference in your price and eBay. When you claim your price is guaranteed that is stretching it. You every see the movie Tommy Boy? Paging Freddie.  :)

Either way I am done. Best of luck.

Yes, I do have the funds to back every order - even if every single opt in was able to purchase the coins.
This deal total was less than $150k fwiw. B"H I have done deals >10x this in the past.
I am done with this convo as well.

Offline shmoe joe

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Re: looking to buy one order of 4 coins from todays mint
« Reply #44 on: August 24, 2016, 01:50:40 PM »
That's all good but you now claim this is guaranteed. Are you aware one of the largest coin dealers in the world went bankrupt a couple of year ago and left everyone hanging? You will need a little more proof to back up your guarantee claim or it might just be better to retract that part.
well I've gotten to know mr. Pfs coin he'll go in debt to pay off his " guarantees"!
give some love (likes) to a brother!

Offline JTZ

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Re: looking to buy one order of 4 coins from todays mint
« Reply #45 on: August 24, 2016, 02:03:53 PM »
well I've gotten to know mr. Pfs coin he'll go in debt to pay off his " guarantees"!
Tommy Boy:
"LESS IS MORE" It is the cumulative effect that kills deals!!! How many times do I have to say this?  >:(

Offline deltastubs

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Re: looking to buy one order of 4 coins from todays mint
« Reply #46 on: August 24, 2016, 08:28:50 PM »
Sorry to get back on topic, but anyone still selling?

Offline pfscoins

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Re: looking to buy one order of 4 coins from todays mint
« Reply #47 on: August 25, 2016, 01:42:01 AM »

Offline JTZ

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Re: looking to buy one order of 4 coins from todays mint
« Reply #48 on: August 25, 2016, 06:27:13 AM »
"LESS IS MORE" It is the cumulative effect that kills deals!!! How many times do I have to say this?  >:(

Offline smile100

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Re: looking to buy one order of 4 coins from todays mint
« Reply #49 on: August 25, 2016, 08:25:58 AM »
Still buying coins if anyone's interested please p.m.

Offline grodnoking

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Re: looking to buy one order of 4 coins from todays mint
« Reply #50 on: August 25, 2016, 08:31:16 AM »
Sorry to get back on topic, but anyone still selling?

"White Sox ballpark changing name to Guarantee Rate Field"
http://www.foxbusiness.com/markets/2016/08/24/white-sox-ballpark-changing-name-to-guarantee-rate-field.html

LMAO
Pfs' s attempt to keep it off topic
I'm not who you think I am.

Offline nobiggy

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Re: looking to buy one order of 4 coins from todays mint
« Reply #51 on: August 25, 2016, 01:03:40 PM »
Paying 370 a set.(Only need a few sets) Pm me.
I don't need anymore.
Thanks all!

Offline smile100

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Re: looking to buy one order of 4 coins from todays mint
« Reply #52 on: August 25, 2016, 01:17:40 PM »
For those who still have coins I am still buying serious inquiries only PM

Offline deltastubs

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Re: looking to buy one order of 4 coins from todays mint
« Reply #53 on: August 25, 2016, 09:10:15 PM »
Looks like everyone is out

If you are not out, then PM me now and you will be out~

Offline sddd

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Re: looking to buy one order of 4 coins from todays mint
« Reply #54 on: August 25, 2016, 10:25:05 PM »
Looking to buy very limited amount for $375. PM me.

Offline deal boy

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Re: looking to buy one order of 4 coins from todays mint
« Reply #55 on: August 25, 2016, 10:29:20 PM »
Looking to buy very limited amount for $375. PM me.
I think we know everyone wants to buy ../

Offline AsherO

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Re: looking to buy one order of 4 coins from todays mint
« Reply #56 on: August 25, 2016, 10:39:01 PM »
For those who still have coins I am still buying serious inquiries only PM

At?
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Offline sddd

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Re: looking to buy one order of 4 coins from todays mint
« Reply #57 on: August 26, 2016, 10:23:20 AM »
Looking to buy very limited amount for $375. PM me.

Need a coupe of more today. Can pay $450.
« Last Edit: August 26, 2016, 12:51:54 PM by sddd »

Offline AsherO

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Re: looking to buy one order of 4 coins from todays mint
« Reply #58 on: August 26, 2016, 02:20:38 PM »
At?

As a moderator, I'm reminding you you must make an offer or your post will be deleted.

I'm not buying, no need to PM me.
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Offline nobiggy

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Re: looking to buy one order of 4 coins from todays mint
« Reply #59 on: August 27, 2016, 10:42:34 PM »
Buying a few sets of 4 for around $370 each.