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Is This Outright Fraud Or What

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Author Previous TopicReplies: 21 / Views: 3,807Next Topic Page 2 of 2
Pillar of the Community
Canada
1354 Posts
 Posted 09/17/2013  11:49 pm  Show Profile   Bookmark this reply Add Coin Chick to your friends list
They are real coins. Not the right pureness. I don't think it's his fault if someone pays the price. They should research before they buy with other auctions. Then they would know he's out to lunch. ebay can't tell him to lower his price.
Pillar of the Community
Canada
2632 Posts
 Posted 09/18/2013  12:12 am  Show Profile   Bookmark this reply Add Alexer to your friends list
"Pure .999 Silver Coin. Newly minted and in pristine, mint condition."

That line is straight from his ad. The coins are not .999 silver thats a lie
Whats a reseller supposed to do charge $600. or more and also state that theyre .999 silver?
Pillar of the Community
Canada
1354 Posts
 Posted 09/18/2013  01:01 am  Show Profile   Bookmark this reply Add Coin Chick to your friends list
He got sloppy with his ad. It's a copy and paste from his other auctions. I'm sure an email to the seller to correct the info is all it would take. As for the asking price.... That's his business.
Pillar of the Community
Canada
1502 Posts
 Posted 09/18/2013  03:33 am  Show Profile   Bookmark this reply Add poboxw to your friends list
^^ agree
Just another ebay seller fishing for suckers.
Pillar of the Community
Canada
3167 Posts
 Posted 09/18/2013  09:57 am  Show Profile   Bookmark this reply Add noahs-numismatics to your friends list
That.... or we could all be optimistic and that is just her/his way of doing a long-term auction until he/she gets the price they want.

I don't now if it is his/her goal to rip people off with that price, but there is a possibility that (s)he is just looking for offers.

I don't think I have a problem with that.
Pillar of the Community
United States
1211 Posts
 Posted 09/18/2013  10:02 am  Show Profile   Bookmark this reply Add jerseyben to your friends list
The only real issue here is the .999 statement and "newly minted".
Valued Member
Canada
480 Posts
 Posted 09/18/2013  10:39 am  Show Profile   Bookmark this reply Add chubbycheeks to your friends list
I highly doubt anyone will pay even remotely close to that asking price. And If they do then, well it's their own fault. Investing so much money in something without a little research before hand is just plain silly.
New Member
Canada
35 Posts
 Posted 09/18/2013  10:39 am  Show Profile   Bookmark this reply Add forumguy to your friends list
If some idiot wants to pay that much, let him.
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United States
1949 Posts
 Posted 09/18/2013  11:09 am  Show Profile   Bookmark this reply Add jdmern to your friends list
I agree with jerseyben, the only real issue is the .999 statement... If someone wants to list something for 10x what it's worth, they can. Doesn't mean we have to buy it.
Pillar of the Community
Canada
2632 Posts
 Posted 09/18/2013  11:32 am  Show Profile   Bookmark this reply Add Alexer to your friends list
I dont care if some one pays $1000 for a set, the point is he's lieing about the purity. And muddying the waters of ebay for others. Its also not a great investment for re-sellers, if you buy something believing its .999 pure your going to also sell it as .999 pure and the lie goes on and on making the the whole thing insane for good buyers and sellers. Thats why I reported him.
Pillar of the Community
Canada
3167 Posts
 Posted 09/18/2013  11:36 am  Show Profile   Bookmark this reply Add noahs-numismatics to your friends list
The statement of "good investment" is almost always a matter of opinion. Nobody can see into the future.

Chances are, like someone else said, its probably just a mistake in the listing. if somebody contacted the seller and corrected them, I'm sure he/she would gladly change it.

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United States
1949 Posts
 Posted 09/18/2013  11:50 am  Show Profile   Bookmark this reply Add jdmern to your friends list
I think arguing about something being a good investment is pointless- That's a completely subjective idea. There are many things that everyone thought were basically worthless that have ended up being "good investments". I agree that at that price, it's a terrible investment in my opinion, but to call that 'fraud' seems a bit heavy handed to me.
Pillar of the Community
Canada
2632 Posts
 Posted 09/18/2013  11:59 am  Show Profile   Bookmark this reply Add Alexer to your friends list
We all make mistakes, if it is a mistake, fine, I have no problem with that. But if its not then its fraud.
As far a future investments go, if the item isn't what you where told it was, then good luck.
Pillar of the Community
Canada
1354 Posts
 Posted 09/18/2013  12:44 pm  Show Profile   Bookmark this reply Add Coin Chick to your friends list
Like I said before. His description is for his other products.... His little silver coins he sells. He cannot change the description unless he's aware there is an issue.

Even if the coins were .999 it still isn't a good price. People know this.
Pillar of the Community
Canada
3690 Posts
 Posted 09/18/2013  1:40 pm  Show Profile   Bookmark this reply Add CC-Ottawa to your friends list
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