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Let's Make A Post On How To Spot A Bad Ebay Seller...

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Author Previous TopicReplies: 12 / Views: 1,983Next Topic  
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ratio411's Avatar
United States
1208 Posts
 Posted 05/16/2008  06:49 am Show Profile   Bookmark this topic Add ratio411 to your friends list Get a Link to this Message Number of Subscribers
I didn't post this in the ebay section for
a few reasons. One, new members and independent
ebay'ers wouldn't necessarily ever be in that
forum. Two, this isn't really in respect to
any one particular auction. This is info anyone
might like to know when buying anything on ebay.
I won't list checking feedback! This one is obvious.

I will post some ways I investigate sellers, and
hope you will add tells and investigation
techniques you have perfected!


*Ask questions. Direct interaction through email with
the seller will tell you much that their 'canned' auction
cannot. I don't want to call them 'trick questions', but
unfortunately that is exactly what they are. You want to
not only ask honest questions you do not know the answer
to, but you should always ask one (or more) questions that
you do know the answer to. Well thought out questions
that will draw out some sort of 'tell' that you can look for.

*Do they take PayPal? If not, they still might be
honest. However, I have seen a great deal of crooked sellers
stop taking PayPal because they get their schemes skrewed up
when PayPal takes the buyer's side. PayPal makes a great deal
of promises to protect the buyer, and does so very aggressively.
This makes the PayPal option very unfavorable to the unsavory
seller. I won't deal without PayPal for the simple fact that
I get my money instantly when selling, and can pay instantly
when buying. This alone is worth it... then add to that the
fact that PayPal offers protection from scoundrels...
You get the idea.

*Look at completed listings by the seller. Chrsb made
a great find in another thread. He found a seller of "bank rolled"
and "unsearched" wheat pennies had just bought a great deal of
wheat pennies (cheap ones). Not only that, but he also just
bought a "bank rolling" setup for pennies! Pretty clear right
there if you are a perspective buyer... This guy is selling
the culls from his wheatie bag, and portraying them as something
that he just got out of the bank vault and is generously passing
on to you! This might just be a bit of a stretch, but do you
want to spend your dough to give this guy "benefit of doubt"?

I am out of time for now.
Please, post your tells and lets compile them into an informative
thread that makes us buyers even more cunning than the crooks!

Thanks!
Dave

*** Moved to Auction Site Forum by Forum Dad ***
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SeatedNut's Avatar
United States
2797 Posts
 Posted 05/16/2008  08:23 am  Show Profile   Bookmark this reply Add SeatedNut to your friends list Get a Link to this Reply
Another clue ... outrageous shipping charges notably for common, well-worn bullion pieces. I consider anything over $4.00 (single coin) high. The seller is hedging against loss by recouping $ via shipping charges.

Bad photos or no photos with glowing comments on the quality of the coin. If you can't see it for yourself ... pass!

More later.
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Spedward's Avatar
Australia
839 Posts
 Posted 05/16/2008  08:26 am  Show Profile   Bookmark this reply Add Spedward to your friends list Get a Link to this Reply
What if someone hacked paypal? everyone dies.
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CoinHunter53562's Avatar
United States
2049 Posts
 Posted 05/16/2008  08:37 am  Show Profile   Bookmark this reply Add CoinHunter53562 to your friends list Get a Link to this Reply

Quote:
*Do they take PayPal? If not, they still might be
honest. However, I have seen a great deal of crooked sellers
stop taking PayPal because they get their schemes skrewed up
when PayPal takes the buyer's side. PayPal makes a great deal
of promises to protect the buyer, and does so very aggressively.
This makes the PayPal option very unfavorable to the unsavory
seller. I won't deal without PayPal for the simple fact that
I get my money instantly when selling, and can pay instantly
when buying. This alone is worth it... then add to that the
fact that PayPal offers protection from scoundrels...
You get the idea.


One thing I might mention is that if someone doesn't take Paypal, it might be due to the Paypal fees. Coin dealers and bullion dealers work alot of times with low spreads/margins. If you add up the ebay fees with the Paypal fees, this can be enough to make the margins minimal or sometimes even negative for the honest sellers. I am referring to the honest dealers that give fair deals for their coin purchases. There are some shady ones who of course only care about profit and pay minimal amounts for coins and take much larger profits, so those are the ones to be weary of because those are the ones probably more likely to misrepresent coins. They dont accept Paypal knowing that the buyer has no recourse if paid by check or money order so they are in a win-win situation.
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Snooba's Avatar
Australia
1360 Posts
 Posted 05/16/2008  08:39 am  Show Profile   Bookmark this reply Add Snooba to your friends list Get a Link to this Reply

Two things I always do when considering making a purchase on ebay are:

1) Check their negative and neutral feed-back here:
. . http://www.toolhaus.org/cgi-bin/neg...=Received+by

2) Thoroughly read their returns policy and conditions:
. . An honest seller will allow returns. Any seller who says "what you see is what you get and you can't return it,
. . all purchases are final, bad luck" is not (in my opinion) a seller you want to be dealing with.

Edited by Snooba
05/16/2008 08:51 am
Valued Member
119 Posts
 Posted 05/16/2008  08:50 am  Show Profile   Bookmark this reply Add thesandpit to your friends list Get a Link to this Reply
I don't take paypal
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Snooba's Avatar
Australia
1360 Posts
 Posted 05/16/2008  08:55 am  Show Profile   Bookmark this reply Add Snooba to your friends list Get a Link to this Reply

Quote:
Originally posted by thesandpit

I don't take paypal


I must say that lots and lots of Australian ebay sellers don't accept Pay-Pal. And it is NOT a reflection of their honesty (or lack thereof) it is simply not as widely accepted in Australia. Look through the ebay Australia web site to see what I mean.

I have purchased from several ebay sellers who don't accept Pay-Pal ("thesandpit" included) and they have been reputable and honest and have terrific return policies. You need to take many more things than simply Pay-Pal (or no Pay-Pal) into consideration.

Edited by Snooba
05/16/2008 09:03 am
Rest in Peace
coinguybrian's Avatar
United States
5375 Posts
 Posted 05/16/2008  09:22 am  Show Profile   Bookmark this reply Add coinguybrian to your friends list Get a Link to this Reply
Check their SELLER feedback, I think ebay finally got rid of this, but if they've left a lot of unjustified negative seller feedbacks, they're trying to blackmail people into removing their negative ratings of them.
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Prethen's Avatar
United States
3234 Posts
 Posted 05/16/2008  09:26 am  Show Profile   Bookmark this reply Add Prethen to your friends list Get a Link to this Reply
Expensive coin with out-of-focus pictures. This is a major pet peeve of mine and a very big indicator that the seller has some marbles loose and/or crooked.
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halfabustisbetter's Avatar
United States
1984 Posts
 Posted 05/16/2008  10:07 am  Show Profile   Bookmark this reply Add halfabustisbetter to your friends list Get a Link to this Reply
Don't forget to enter any examples you find in my contest and win $1 face silver coins (runs until May 26th).

While I know it's important to know how to grade your own coins, I never bid on items from sellers who try to upgrade their coin's shabby appearance by calling it AU/BU or VF/XF. Even if the coin is a VG selling for the price of a G I'd rather pass and buy from an honest seller.
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SeatedNut's Avatar
United States
2797 Posts
 Posted 05/16/2008  11:52 am  Show Profile   Bookmark this reply Add SeatedNut to your friends list Get a Link to this Reply

Quote:
While I know it's important to know how to grade your own coins, I never bid on items from sellers who try to upgrade their coin's shabby appearance by calling it AU/BU or VF/XF. Even if the coin is a VG selling for the price of a G I'd rather pass and buy from an honest seller.


Lately I've been seeing listings with a catch-all grade range ... VG/AU and the pic is so small and fuzzy it could be any of them.
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KurtS's Avatar
United States
5318 Posts
 Posted 05/16/2008  1:25 pm  Show Profile   Bookmark this reply Add KurtS to your friends list Get a Link to this Reply
What a great thread so far!

On the subject of auction legitimacy, here are a few things I've seen in auctions that raise my red flags:

Blurry pics on a coin/series that is rampantly counterfeited.

Seller who asserts they're not "coin expert", yet they may have sold hundreds of coins. Translation: they don't stand behind what they sell.

Wording somewhere in auction indicates the seller is defensive about anyone questioning authenticity of coin; it often involves a long-winded monologue about their expertise--or the threat to come after anybody who questions the same.

Seller's auctions all have bidder IDs "protected".

Seller feedback has a large amount of repeats from just a few buyers, where all the feedback is identical or very similar.

Seller claims coin came from "grandfather, estate sale, attic hoard, forgotten safe, etc. Basically anything that suggests an unverifiable origin years ago is especially suspect for commonly forged coins.

--just a few I've seen.

Edited by KurtS
05/16/2008 3:03 pm
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snowman's Avatar
United States
1840 Posts
 Posted 05/16/2008  4:20 pm  Show Profile   Bookmark this reply Add snowman to your friends list Get a Link to this Reply
Maybe I'm quirky, but I never bid on an auction that contains the pseudoword "L@@K".
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