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What Are These Sellers Up To?

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Valued Member
United States
411 Posts
 Posted 05/24/2016  11:09 am  Show Profile   Bookmark this reply Add cuzzx to your friends list
I noticed some coin prices that were high this past weekend, a ms 70 ike for $93,000
another for $88,000.
today I was looking through my save to watch list and noticed that one seller had a coin for $20.00. it did not sale so he relisted it at $26.00.
Pillar of the Community
United States
3182 Posts
 Posted 05/24/2016  12:38 pm  Show Profile   Bookmark this reply Add srs77 to your friends list


It's the old saying throw something against the wall and see what sticks. It's not costing the seller anything to relist at the higher or lower price so why not?

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United States
937 Posts
 Posted 05/24/2016  4:55 pm  Show Profile   Bookmark this reply Add Tryna to your friends list
I would sugest that those of you who see these listings as bad, wrong or even worth ridicule spend some time looking through the French coin listings on ebay. That 41-s cent is down right affordable compared to some of the listings I see there.

And being an E-bay seller has nothing to do with how one sees this.

The listings may be stupid but that is not against any law or rule last I checked. Laugh and move on.
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54282 Posts
 Posted 05/24/2016  8:11 pm  Show Profile   Check nss-52's eBay Listings Bookmark this reply Add nss-52 to your friends list
I fail to understand why the fact that the French overprice their coins means that these specific listings should not be discussed (or even ridiculed).
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 Posted 05/25/2016  08:04 am  Show Profile   Check nss-52's eBay Listings Bookmark this reply Add nss-52 to your friends list
I sent the first seller a polite question about the "penny collection" that shows a single photo of a 1960-D Lincoln Cent for $2,500.

The seller's response was "The penny is old and its a collection that I have from diffrent years the only one that old that I have is a 1949 pennie."

So, in this case, it appears to be an incredibly naive (as to value of coins) person that does not know how to properly create an ebay listing. If they truly expect someone to pay them $2,500 for a "penny collection" with no photos of the collection and no description of what is in the collection, they are (how can I put this tactfully?) just dreaming.

It is not a "come on" to get an off ebay sale, or they would have responded to my inquiry differently.
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Pillar of the Community
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2815 Posts
 Posted 05/25/2016  08:41 am  Show Profile   Bookmark this reply Add Darth Morgan to your friends list
I agree, nss-52. A seller's "right" to ask what they want is beside the point. These listings aren't scams. They were created out of ignorance, which is the real issue in most of these cases.
Rest in Peace
United States
18456 Posts
 Posted 05/25/2016  09:03 am  Show Profile   Bookmark this reply Add T-BOP to your friends list
So I Can list on e-bay a badly rusted 1943-P WW2 Lincoln Cent, very rare wartime coin ! BIN -$1,000 . And e-bay will let it slide because the seller is not breaking any e-bay rules. and if he should happen to sell that very rare Lincoln for $1,000 e-bay will collect a nice fee .
WOW ,
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 Posted 05/25/2016  09:56 am  Show Profile   Bookmark this reply Add srs77 to your friends list
TBOP - Yep... That's it exactly. No different than someone at a garage sale asking $1000 for a rusted 43 Lincoln Cent. Same difference, not against the law and in America they have the right to ask whatever they want for property they own.

Again, I agree wholeheartedly that these listings are offensive but I keep my blood pressure down by laughing at them and moving on..
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 Posted 05/25/2016  11:15 am  Show Profile   Bookmark this reply Add bobby131313 to your friends list

Quote:
So I Can list on e-bay a badly rusted 1943-P WW2 Lincoln Cent, very rare wartime coin ! BIN -$1,000 . And e-bay will let it slide because the seller is not breaking any e-bay rules.


And I pray ebay never decides to tell sellers how much we are allowed to ask for our stuff. Be careful what you wish for....
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 Posted 05/25/2016  11:27 am  Show Profile   Bookmark this reply Add srs77 to your friends list
Bobby, I think that would be ebay's death knell. But you are absolutely correct, be careful what you wish for.
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 Posted 05/25/2016  11:29 am  Show Profile   Bookmark this reply Add jerseyben to your friends list
Disturbing... but I am glad to see that most of you are reasonable in your approach to this discussion.
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 Posted 05/25/2016  2:29 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list
Understandable !
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 Posted 05/25/2016  6:41 pm  Show Profile   Bookmark this reply Add Joe2007 to your friends list
Sure ebay sellers have the right to price their personal property at whatever levels please them as long as no deception is involved HOWEVER I do feel that members of the numismatic community should be able to freely ridicule their listings. Kind of like the listing a year ago where a seller was "professionally polishing" their coins "to increase eye appeal", it is a free country they can do as they please but we as collectors should be able to openly discuss and perhaps ridicule them.
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 Posted 05/25/2016  7:24 pm  Show Profile   Bookmark this reply Add jasper62 to your friends list
Hope grandma & grandpa don't see these great deals and investments & fall prey to these kinds of listings.They could potentially loose their life's savings.It's just another way to look at it
Edited by jasper62
05/25/2016 7:28 pm
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1795 Posts
 Posted 06/14/2016  09:45 am  Show Profile   Bookmark this reply Add BadToTheBone to your friends list
Profit and greed from the unsuspecting buyer is what I see.
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