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 Replies: 38 / Views: 15,181 |
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Valued Member
Australia
112 Posts |
Hi Sweetap, Both Renniks and McDonalds publish valuation guides on Australian currency that is reasonably frequently updated (compared to other sources). You can also find some valuation information on my resource site, under 'currency guides' (the following link): http://www.tdkapdc.com.au/australia...-guides.html'Book Value' is based on RRP from retail outlets, and thus, not what you might expect to pay or receive via auction or from a private seller, where cost of sale, (or obligation after sale), impacts retail value. Hope this helps. Regards, Tim Bowden TDK APDC |
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Pillar of the Community
Australia
852 Posts |
The slabbed coin is a bargain at $250. It looks like either an XF45 or AU50 and at AU50 a slab is at least $500. Also it has a thin leg N, a good variety to have.
The OP coin is totally dodgy, it isn't an altered date and even without looking at the date it is an obvious fake (look at the feet of the lettering,way too thick).
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Valued Member
 Australia
301 Posts |
Hi Neil and thank you for replying. Yes I think I'm going to just buy it. Its marked XF 40 on the other side sorry I should have put that pic up for you.
I don't know much about the grading only what the guys here have shown me, But yes I thought it looked better than what they have it . The guy said he has priced it to sell.
I just hope its not one of the fakes the guys here said were getting around in these slab things.
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Valued Member
Australia
112 Posts |
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Valued Member
Australia
301 Posts |
Forgot to mention its a PCGS slab and its xf40 there is a pic with the coin but for some reason its really small. And Neil the 1930 coin in the OP , is at this location and currently bidding is at $485. That is a lot for a fake I think. http://www.ebay.com/itm/Australia-1...603270530642 |
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Pillar of the Community
Australia
1041 Posts |
this ebay seller is a crook he said in his decription he knows nothing but can buy gold coins ebay 151230960681 |
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Valued Member
Australia
301 Posts |
Hi Shane. Yes not looking good is it for the seller. I have a feeling that might not be gold in that coin. 3 feedbacks I bet he is going to sell heaps of fakes till he gets kicked off. God knows how many people are going to be hurt buy him.
Geez just when you have faith in people they shoot you down again.
I hope someone can stop him its not the buyers fault how can anyone tell from just a photo if its real or not.
He says its cheap how much do they cost normally.
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Valued Member
Australia
301 Posts |
I am so sorry guys, It has been eating at me since I posted it here. I have reported this item as fake to ebay. They actually have a category to select when you make a report that asks was it counterfeit. I couldn't just do nothing I had to try help those poor souls , I know they may well know it is fake but as far as I am concerned he can relist it as what it really is then there's no confusion. I will sleep better tonight. Dishonesty should not be rewarded. Bad me I know but what else is there you can do. |
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Pillar of the Community
Australia
762 Posts |
Quote:Yep - report it to ebay - what will happen? Likely nothing, unless the actual buyer after the auction claims that it is fake. There is nowhere near enough regulation or enforcement of existing laws when it comes to fraud via fake. (IMO). And it is not in ebay's interest to even investigate, let alone remove. Their business model relies on end-value fees to the seller. If they remove the item, they miss out on their 7-8% of total sale fee. I know we all like to hang it on ebay whenever fake coins appear but I tend to think that we are being overly harsh. ebay are not coin experts and with the millions of items being listed every day they can't be expected to vet them all, or if they did, you could expect a large increase in ebay fees. Many fake listings do actually get removed. It's not done straight away but I suspect that they give the seller a right of reply. If they didn't give the seller a chance to state their case then ebay sellers would be open to all sorts of vexatious accusations. In the end the buyer has to take some responsibility in these matters and do their homework before buying an expensive item. |
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Valued Member
Australia
301 Posts |
Yes I agree with you Mob , BUT ebay tends to shy away from it even when told as I have done in this case. Once reported it would not be hard or difficult to asses the situation and realise the coin or any item for that matter is not of originality and there for should be removed and simply relisted in the right manner (with no action on the seller as they also may not be aware), like in description, (I am no coin expert This coin is possibly a copy please do your own checking before purchasing.) Buy doing this it gives the buyer full warning it may not be what it appears to be. And it protects the seller as well in that it is fully disclosed. And it protects ebay from being vindicated in such tripe. Not list it in a manner than portrays a feeling it is the real deal and worth squillions as he has done. The fact that ebay do not enforce this even when alerted as I have done to this particular coin they still allow the auction to continue which begs belief as it is a shore indication they want that large final value fee currently around 70-80 bucks for this item right now and due to end in a few hours. It is this sort of behaviour from them that is giving ebay a bad name not just the crooked sellers. They have no intentions of ending this item and they are fully aware its a fake. They are as bad if not worse than the crooks they allow to do this simply on the fact they continually allow it even though they know. You can not in anyway try to support ebay in decisions of this nature. There promotion of such behaviour via turning a blind eye so to speak says squillions for the type of people in said company or industry. Sorry I can not support such behaviour from anyone never alone a company who should know better. I'm sorry but ebay are fully aware there are a lot of fakes and do turn a blind eye . It took several years for the major clothing companies to get ebay to stop there Chinese copies being sold on there it was not until legal action buy these companies such as Burberry etc before that clamped down on it. I reported this item over 15 hrs ago and nothing has even been done no reply no nothing. Why because there's no corporation complaining just some little single hick they don't give a rats butt about that is why. And it proves my point to a tee. Sorry for the rant but I am a very passionate person when it comes to honesty and integrity. My apologies to anyone it may offend it is not my intentions. Regards sweetap. |
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New Member
Australia
1 Posts |
 hello ,that penny you have there mate is authentic, don't let these people who just don't have the slitest idea of what they are saying, just inexperienced options that can cost you .I myself have 2 penny's 1930 and one of them is the only one with 45° rotated obverse error. Have great day. |
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Pillar of the Community
Australia
1333 Posts |
O.o "Zharn" I'm not sure if new collector and such but I tend to favour the opinions of the old hands (neal and Sel and shanew RIP? ) here even if its just a visual inspection on the coins.  That original post for the 1930 penny is not genuine and is most likely some sort or re strike commemorative version suppose to be use as a jewellery piece is my best guess and therefore can't be sold as a genuine 1930 with original dies stuck in the 1930, and selling it should most definitely be consider fraud (if seller doesn't want to disclose this fact) and at best immoral trying to cheat collector out of their money.   |
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Pillar of the Community
Australia
852 Posts |
Strange that a 7 year old post is resurrected; and by someone doing a first post claiming to have 2x1930 pennies (Hmmm). Looking at the post are a lot of people who have not posted in years, where are they now? They can't all be RIP, so have they stopped being coin collectors or what?
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Pillar of the Community
4628 Posts |
Think this may be a wind up by Zharn.
Darn it Zharn! - why did you have to Farn it! Thats Freedom I guess.
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Pillar of the Community
Australia
1616 Posts |
Me thinks Zharn is a troll, and an illiterate one at that.
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Replies: 38 / Views: 15,181 |
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Posted 03/16/2014 07:07 am
