Coin for Coin

[MimeFish3]

I have a very rare 2008 South African Mandela coin that I want to trade for btc....feel welcome to bid, strating bid 0.5 btc

http://www.sacoin.co.za/wcr_april2012_2.html

If finalized, 80% of winning bid will go into escrow untill coin is delivered

Thank you kindly.

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[1714501889]

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[1714501889]

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[Rmcdermott927]

If finalized, 80% of winning bid will go into escrow untill coin is delivered

And where does the other 20% go?  The buyer holds it?

[MimeFish3]

[/quote]

And where does the other 20% go?  The buyer holds it?
[/quote]

I will post pictures a little later today.

No, I will receive the other 20%....unless the bid is high. Then 90% can go into escrow.

The coin has not been graded. I have two of them and one other rare R5 coin, but I dont want them "on the radar".

[Rmcdermott927]

And where does the other 20% go?  The buyer holds it?
[/quote]

I will post pictures a little later today.

No, I will receive the other 20%....unless the bid is high. Then 90% can go into escrow.

The coin has not been graded. I have two of them and one other rare R5 coin, but I dont want them "on the radar".
[/quote]

That makes 0 sense and defeats the whole point of using escrow.  If you decided to disappear, the buyer is still out 10-20% of the auction price.  I have never heard of such a thing and honestly it sounds a bit suspicious.  

EDIT:

Never mind.  I just google the coin, they can be bought on eBay for about $20, so you're about $2300 off of a realistic price.