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Worst Misleading Ebay Ad? I Feel Bad For The Bidders

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Pillar of the Community
United States
2624 Posts
 Posted 05/12/2013  08:26 am  Show Profile   Bookmark this reply Add DrDon to your friends list

Quote:

This sale is for (1) of the HOT new 2013 D Lincoln Cent Anomaly. Some collectors call these worthless errors. Some call it a die adjustment strike, Die Deterioration, plate buckling..some say it may be the "poor mans doubled Die" for 2013..They are indeed Unique for this year.. It is BU and was taken from (OBW) Original Bank Wrapped roll. These rolls were taken directly from a brick of 2500 pennies. The person we received it from was fortunate to get the first 2013 D Shield Lincoln cents released this year..The Pictures are for illustration only. You will receive 1 coin with very similar Doubling..like the ones in the photo. The coin will have a double like '3' and double like 'D'. We appreciate your business.


This seller is slightly more up front about the coin admitting "Some collectors call these worthless ". Unfortunately the seller also calls it "Unique for this year".
Valued Member
United States
289 Posts
 Posted 05/12/2013  09:49 am  Show Profile   Bookmark this reply Add grancap74 to your friends list
This thread has been very helpful to me as similar ones have been. Anytime that sellers on ebay can be brought out by their "questionable" practices from the members here. I've bought off ebay before as many here have done and while my budget keeps me out of many items I would love to have, I have been taken before with seemingly no recourse on my part.
As to these Lincolns, it seems they are angling toward what some collectors "think" are errors. I may have looked at these in the past but I have gained knowledge from threads HERE about Machine Doubling and the like. I save them out of the roll searching I've done but if NGC doesn't even feel the need to comment on it on a graded coin than it's clear to me where this seller is angling. It's very much the same as the sellers on TV screaming about how "stupid" their pricing is and you would be "foolish" to not buy whatever item their selling.
The misleading descriptions, vague or enhanced photography and other sales tools have put me off so much that is the reason why I'll try to use our local stores as much as possible. I know that my main store has seen business drop so much because of ebay that is the reason he set up his own store there. Thanks for all the knowledge here!!
Pillar of the Community
United States
8521 Posts
 Posted 05/12/2013  10:59 am  Show Profile   Check 52Raymo's eBay Listings Bookmark this reply Add 52Raymo to your friends list
Dude knows exactly what he's selling and he doesn't care as long as he makes a buck. I put him in the same category as the guys that sell 1 ounce silver clad bars.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
Valued Member
United States
207 Posts
 Posted 05/12/2013  11:14 am  Show Profile   Bookmark this reply Add coinaki to your friends list
Guys, could it also be that many buyers know exactly what it is but still want to have something that's unique. I mean, does it not look unique for the year?
The dictionary defines "unique" as:
1) "Limited in occurrence to a given class, situation, or area."
2) "not typical; unusual."
Edited by coinaki
05/12/2013 11:15 am
Pillar of the Community
United States
1915 Posts
 Posted 05/12/2013  11:26 am  Show Profile   Bookmark this reply Add seal006 to your friends list
It is not unique. It happens every year. It is not an error. It is a natural ocourrence.
Pillar of the Community
United States
2624 Posts
 Posted 05/12/2013  11:29 am  Show Profile   Bookmark this reply Add DrDon to your friends list
It's not unique.
"given class" it can occur on any denomination.
"situation" does not really apply since we are talking about one process; minting coins.
"area" could be Phili or Denver. It can occur on any area on the coin.
"not typical" All depends on how you apply typical. It's not on all coins but it is a typical problem.
"unusual" it's not unusual for this to happen to a die.
Edited by DrDon
05/12/2013 11:30 am
Pillar of the Community
United States
1915 Posts
 Posted 05/12/2013  11:36 am  Show Profile   Bookmark this reply Add seal006 to your friends list
It is not unique. It happens every year. It is not an error. It is a natural ocourrence.
Pillar of the Community
United States
1915 Posts
 Posted 05/12/2013  11:37 am  Show Profile   Bookmark this reply Add seal006 to your friends list
Coinaki you are the perfect buyer. You think you know something about the coin when in fact you know nothing about it. This coin is so unique that there have been about 200 sold in the past 2 months.
Valued Member
United States
207 Posts
 Posted 05/12/2013  1:38 pm  Show Profile   Bookmark this reply Add coinaki to your friends list

Quote:
Coinaki you are the perfect buyer. You think you know something about the coin when in fact you know nothing about it. This coin is so unique that there have been about 200 sold in the past 2 months.

What I have been saying is, there are many "perfect buyer" types:
* someone who doesn't know what it really is,
* or someone who knows but still wants to have 1 or 2 because the coin looks "cool",
* or someone who is planning to buy them low & sell them higher.

The point is, let's not assume the majority of the buyers are victims here.


And 200 out of 3 Billion is certainly unique... natural occurrence or not. Besides, how many 2009 "Formative Years" DDRs have been found so far out of only 370M?


Look folks, as long as there is no outright fraud involved, I am not condoning or condemning either the sellers or the buyers here. What we are really arguing about in this thread is free-market forces...In this age of instant & extensive information on the web, both buyers and sellers have just about all the necessary tools to learn.
Pillar of the Community
United States
1915 Posts
 Posted 05/12/2013  2:15 pm  Show Profile   Bookmark this reply Add seal006 to your friends list
You have completely missed my point. In a post earlier in the thread I said there was another seller who was selling the same crap coins for a ton of money. What made this second seller a fraud is that he s a member here on CCF. He participates in threads about variety coins. He knows EXACTLY what he is selling is not a variety; or an error. He knows that they are not rare and not worth more than a cent each. He is lying to buyers by omission of what he is telling them. Now if any of these buyers piece together as I did, that he is a CCF member, it will make this site appear to be a band of idiots.
Pillar of the Community
United States
1699 Posts
 Posted 05/12/2013  5:10 pm  Show Profile   Bookmark this reply Add ErrorCoins222 to your friends list
Not that I want to use my high school English, but maybe we're stuck in a paradigm. Since we've all been members here at coincommunity, we've all been "taught" from those that were here before us, that Die Deterioration (or Machine Doubling, whatever we're now calling it for use in this thread) is not worth anything and should not be collected. Perhaps there are those out there, who may not visit coin forums such as this, that now view Die Deterioration as a collectible and who are willing to pay a premium for such a coin. I think it's safe to say that we all save a few die cracks, die chips, or large gas bubbles that we've collected as curiosities - without regard to value. Value is often determined by the buyer, so who is to say that these coins are worthless?
The hobby has become much more specific, or nyched. The things on coins that make them collectible are becoming smaller and smaller. Perhaps what we're viewing as insignificant, is actually significant to niche collectors.
Personally, I would not buy nor collect what this seller has listed, but others might. I think that even if the seller described the coins he's selling as " Die Deterioration" he might still get good prices for them.
Pillar of the Community
United States
2624 Posts
 Posted 05/12/2013  5:29 pm  Show Profile   Bookmark this reply Add DrDon to your friends list

Quote:
ErrorCoins222: I think that even if the seller described the coins he's selling as " Die Deterioration" he might still get good prices for them.


I sold a nickle with more extreme Die Deterioration,I said in the ad I was told it was Die Deterioration. I got one dollar plus one dollar for shipping.I thought it was a great price for that coin. It is the implication that this is an "error" that is driving the prices up. At the very least the sellers are being "misleading".
Pillar of the Community
United States
1915 Posts
 Posted 05/12/2013  6:39 pm  Show Profile   Bookmark this reply Add seal006 to your friends list

Quote:
I think that even if the seller described the coins he's selling as " Die Deterioration" he might still get good prices for them.


but the fact is he didn't. I sell examples of extreme Machine Doubling, but ALWAYS state in the listing that it is NOT the highly sought after doubled die variety.

Those usually sell for $10 plus. Being honest does not mean less sales to me.
Pillar of the Community
United States
2624 Posts
 Posted 05/12/2013  7:46 pm  Show Profile   Bookmark this reply Add DrDon to your friends list
In fact seal006 goes even further by stating clearly that it is not a doubled die. edit:oops sorry didn't mean to be an echo.

Update on the first seller, he has rewritten his ad:


"I've heard it called a die adjustment strike, Die Deterioration, plate buckling,

plating error, worn/over used dies,

and

also some say it is similar to the Poor Mans Doubled Die"

I guess that is better.
Edited by DrDon
05/12/2013 7:48 pm
Pillar of the Community
United States
2189 Posts
 Posted 05/12/2013  10:18 pm  Show Profile   Bookmark this reply Add jasper62 to your friends list
with DrDon .A much more accurate description
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