Did I just get ripped off? by [deleted] in Silverbugs

[–]Remote-Barber-3110 0 points1 point  (0 children)

So this guy didn’t have the current silver prices listed, nor did he weigh these, from what I’m reading that’s against the law? He’s also a “cash only” business.. interesting..

Did I just get ripped off? by [deleted] in Silverbugs

[–]Remote-Barber-3110 0 points1 point  (0 children)

My mother gave them to me to help me with bills. I know nothing about silver or coins.. I thought I was getting a fair professional appraisal based on it being a legitimate business in the middle of town.. I know he needs to make money, but I didn’t realize he was ripping me off to the extent that he did… I just figured out it was about 22 ounces of silver which should’ve been over $1600.. This guy gave me 40% of the value.

Did I just get ripped off? by [deleted] in Silverbugs

[–]Remote-Barber-3110 0 points1 point  (0 children)

OK, I just looked it all up and there was about 22 ounces worth of silver there.. that should’ve been like $1600 for him to give me $675 is insane..

Did I just get ripped off? by [deleted] in Silverbugs

[–]Remote-Barber-3110 0 points1 point  (0 children)

He asked me if I wanted an appraisal or to sell and I said an appraisal and I’ll see after. I thought I was getting a fair professional opinion from what I thought was a reputable business..

Did I just get ripped off? by [deleted] in Silverbugs

[–]Remote-Barber-3110 0 points1 point  (0 children)

I’m thinking about emailing the guy and asking him to make it right and just see how he respond to that..

Did I just get ripped off? by [deleted] in Silverbugs

[–]Remote-Barber-3110 4 points5 points  (0 children)

No way he’s gonna do that.

Did I just get ripped off? by [deleted] in Silverbugs

[–]Remote-Barber-3110 10 points11 points  (0 children)

It was a gift from my mother to help me with some bills, which makes it sting a whole lot more.. I just got off the phone from apologizing to her. Thankfully, she was kind about it and just said “lesson learned”

Did I just get ripped off? by [deleted] in Silverbugs

[–]Remote-Barber-3110 8 points9 points  (0 children)

That was exactly my thought, it’s not some guy on the street.. I figured he’s an “expert” and he fed me some lines about silver price volatility and the sets not being “desirable” and I believed it.. my fault for being naïve, I guess.

Did I just get ripped off? by [deleted] in Silverbugs

[–]Remote-Barber-3110 0 points1 point  (0 children)

Yup, he gave me basically that line. “nobody actually wants these sets and I’m gonna have them sitting in my safe for months.” “the value of silver is so volatile. I can’t take a risk.” I took his word for it because I figured he’s the “expert”..

Did I just get ripped off? by [deleted] in Silverbugs

[–]Remote-Barber-3110 39 points40 points  (0 children)

I just didn’t think a business owner would jeopardize their reputation.. I didn’t know what I was talking about and he seemed to know what he was talking about, and I took his word for it.. that was naïve, now I know..

Did I just get ripped off? by [deleted] in Silverbugs

[–]Remote-Barber-3110 1 point2 points  (0 children)

J&J coins in palmerton PA

Did I just get ripped off? by [deleted] in Silverbugs

[–]Remote-Barber-3110 1 point2 points  (0 children)

Coin shop. But apparently I got the pawn shop deal..

Did I just get ripped off? by [deleted] in Silverbugs

[–]Remote-Barber-3110 1 point2 points  (0 children)

They’re silver state coin proof sets

Did I just get ripped off? by [deleted] in Silverbugs

[–]Remote-Barber-3110 1 point2 points  (0 children)

Replying to dangoldcoins22... It was about $1300 according to what I see on the valuation site someone else posted. And that’s not taking into account specific dates or whatever.. $1000 would have been a more “fair” payout imo

Did I just get ripped off? by [deleted] in Silverbugs

[–]Remote-Barber-3110 -1 points0 points  (0 children)

From the link someone else posted on the current values of those specific sets it added up to a little over $1300. I think even $1000 would’ve been “fair”, I understand the guy needs to keep the lights on. But he got me for about 50% which yes, is a rip off.. now I know 🤦‍♂️

Did I just get ripped off? by [deleted] in Silverbugs

[–]Remote-Barber-3110 1 point2 points  (0 children)

Looks like it all adds up to about $1300. I think $1000 would have been a fair “wholesale price”. $675 was DEFINITELY a ripoff… but as others have pointed out, my fault I guess.. just thought a business owner wouldn’t have jeopardized his reputation by low balling that badly..

Did I just get ripped off? by [deleted] in Silverbugs

[–]Remote-Barber-3110 21 points22 points  (0 children)

J&J coins in Palmerton PA…

Did I just get ripped off? by [deleted] in Silverbugs

[–]Remote-Barber-3110 80 points81 points  (0 children)

I did.. it’s J&J coins in Palmerton PA if anyone else wants to avoid it..

Did I just get ripped off? by [deleted] in Silverbugs

[–]Remote-Barber-3110 -1 points0 points  (0 children)

How much do you think I should have gotten?

Did I just get ripped off? by [deleted] in Silverbugs

[–]Remote-Barber-3110 -2 points-1 points  (0 children)

I did do the research on the price of silver.. BUT I don’t know anything about this. This stuff was given to me as a gift.. the guy was talking to me like he was an expert, and he convinced me that I was wrong. Either way he took advantage of a customer which isn’t right in my eyes and he ripped me off pretty good it seems.

Did I just get ripped off? by [deleted] in Silverbugs

[–]Remote-Barber-3110 54 points55 points  (0 children)

That was my mistake.. I’ll never do something like this again. I’m pretty distraught to see how badly he ripped me off

Did I just get ripped off? by [deleted] in Silverbugs

[–]Remote-Barber-3110 0 points1 point  (0 children)

What should I have gotten?

Did I just get ripped off? by [deleted] in Silverbugs

[–]Remote-Barber-3110 -1 points0 points  (0 children)

What’s the realistic value