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 Replies: 47 / Views: 4,571 |
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Forum Mom
 United States
5877 Posts |
Catman, Please accept my apology. By the problem buyers, I am referring to those who do not take the time to educate themselves, ignore all red flags on an auction, and bid anyway because they feel they are getting an incredible deal because the coin is worth thousands and they can get it for only $100. You know the type I mean. It was never my intention to group any of our members or anyone else who do what they can to protect themselves and take responsibility for their bids. I, myself, have been burned on ebay but I made the conscious decision to bid on the items that I did because it was worth the risk to me. That is not something that should be fully blamed on the seller, but on me for deciding to take the chance. |
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Pillar of the Community
 United States
2724 Posts |
I certainly do not wish to offend anyone either. My whole point is that people need to know their coins and their options. Too often the shortest path is not always the best path. It takes knowledge to succeed.
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Rest in Peace
United States
954 Posts |
Susan & ND,
I know you both too well to ever take offense to what you say. I can't tell you how much respect I have for both of you for who you are and what you do.
I enjoy disagreements because I always learn something new from getting different perspectives.
catman
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Pillar of the Community
United States
7123 Posts |
Hello Everyone I dont buy thru ebay because I like the risk or the prices, I buy thru ebay because my local dealer makes no effort to have my business !! Rick |
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Pillar of the Community
United States
2724 Posts |
Here is the PNG guide to buying on ebay http://www.pngdealers.com/public/eb...otection.cfmNote the section on picking a seller. Feedback of 100 or more with 98% positive and SIX months of selling. That kind of makes it difficult for the new guy being sent blindly with dreams of getting full retail for their small collection. |
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Forum Mom
United States
5877 Posts |
I have to say that, although those are good general guidelines, a feedback rating of 98% is low. It is very rare that I would buy from a seller with a feedback score lower than 99.7% and then only after reading the comments. This includes skimming through the positive feedback as well since many buyers will leave negative comments in a positive feedback to avoid retaliation for a neg.
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Pillar of the Community
United States
7123 Posts |
quote:
Originally posted by Susanlynn9
I have to say that, although those are good general guidelines, a feedback rating of 98% is low. It is very rare that I would buy from a seller with a feedback score lower than 99.7% and then only after reading the comments. This includes skimming through the positive feedback as well since many buyers will leave negative comments in a positive feedback to avoid retaliation for a neg.
Since my feedback score is only 99.2 that means that you wouldnt buy from me , and the only Neg I got was from the very first seller I bought from ,because I emailed him three times to find out where my coins were ,LOL took him three weeks to get my coins to me from denver I could have drove and picked them up in 10 hours . Rick Edited by Metalman
05/18/2005 12:23 pm
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Pillar of the Community
United States
1203 Posts |
quote:
Originally posted by Speedy
A survey is never done...
ebay is good for some folks...bad for others...
Where dealers are talking...its bad...it takes part of their business
Where collectors are talking...its great...I get many great coins off ebay at low prices
Speedy
Speedy, I'm continually amazed at how smart you are. This time I believe you have slightly over stated your position. Good Luck! Maybe this is the reason some one came up with the old saying, "out of the mouths of babes". Only a guess but my honest oppinion. This post was edited by request...Wed. 18, 05 at 4:47:50 PM MSTEdited by OldDan
05/18/2005 5:51 pm
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Forum Mom
United States
5877 Posts |
quote:
Originally posted by Metalman
quote:
Originally posted by Susanlynn9
I have to say that, although those are good general guidelines, a feedback rating of 98% is low. It is very rare that I would buy from a seller with a feedback score lower than 99.7% and then only after reading the comments. This includes skimming through the positive feedback as well since many buyers will leave negative comments in a positive feedback to avoid retaliation for a neg.
Since my feedback score is only 99.2 that means that you wouldnt buy from me , and the only Neg I got was from the very first seller I bought from ,because I emailed him three times to find out where my coins were ,LOL took him three weeks to get my coins to me from denver I could have drove and picked them up in 10 hours .
Rick
Rick, I should have made this clearer. The guideline I stated is just that...a guideline. Obviously, a seller who only has 100 total feedback would suffer much more from a single neg than one with 500. Common sense also needs to be used in determining the safety of a seller. I don't consider buyer feedback when looking to purchase - only seller. And then, I look at the comments to see why they were given. For example, if there was obviously a problem with a buyer who paid late and the buyer followed up with a negative feedback, I disregard that in my calculations. If however, a seller has a total feedback rating of 99.9% and has only received 5 negs but all of them were for items not received and the seller has responded with the old "buyer didn't insure", I will not buy from that seller. Especially since it's the seller's responsibility to insure that the package is delivered to the buyer by federal law, regardless of what the seller states in his auction. There are lots and lots of factors that have to be weighed on an individual basis. I should have taken the time to explain myself. Please accept my apology. (Incidentally, my own feedback score under my buyer ID is 99.2% because of a neg left by a seller who shipped VERY late and then misrepresented a coin that had cleaning residue all over it.)  |
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New Member
United States
15 Posts |
ebay is the largest open market for coins in existence and like any other "market" has both positive and negative points. From my perspecitive, the largest benefit ebay offers to coin collectors around the world is, without a doubt, convenience. Before ebay, purchasing a coin meant traveling to a local or regional coin show, visiting a local shop, or possibly buying from a private individual. At the easiest, it meant purchasing from a mail order catalog or Internet reseller. With ebay, collectors and dealers alike can very easily locate a coin and the purchasing process could not be simpler. ebay also makes it much easier for specialized collectors to locate hard to find coins that they might have otherwise spent a great deal of time looking for - calling dealers, scouring the Internet, etc. I'm not talking high priced rarities here, just uncommon coins that you just don't see everyday in dealer inventories. From a positive or negative standpoint, depending upon your perspective, ebay also fills a roll of "setting the market" for certain coins. You can say prices realized are high or low on ebay, but they reality is that they are the market prices realized on the world's largest coin market. THe Negatives: 1. ebay's and Paypal's rising prices are making it more and more difficult for many dealers to sell their wares on ebay at acceptable profit margins given the high cost of acquiring rarities in today's coin market. 2. Unscrupulous sellers are making it challenging for uneducated consumers to purchase raw coins. 3. ebay's lack of response to the above mentioned sellers only serves to make the problem worse. 4. Collector's inaccurate perception that ebay is the most profitable venue for selling coins is hurting dealer's abilities to acquire inventory. Just some of my thoughts.
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Forum Mom
United States
5877 Posts |
And good thoughts they are. |
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Pillar of the Community
United States
7123 Posts |
Susan Your the last person from whom I would seek an apology for a simple conversation, come on !! I was just adding fodder to the thread for discussion, and also a little bit of retoric, designed to cause a consideration of why ebay calls a 98 a fair score to consider doing business with a seller, I believe it is set at that level for people like me who have dealt with people like that first seller I came in contact with, it took me over a year to get my score back up to where it is now both buying and selling ,, I dont care much what others think of ebay I find sellers I like and I buy from them as the coins I need come up on their auctions its not rocket science and its not detremental to the coin collecting world to have the venue to use, at the worst it is a personal afront to be ripped off and at that point we come to agreement that knowledge is the basis for security on ebay, just as a D in science would pose a threat to grade point those who care will change their study habits to achieve a greater success. Rick |
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Pillar of the Community
United States
4869 Posts |
It bothers me that sellers put "select positive feedback" responses within their auction claiming so and so found this key coin or that key coin. Sometimes I wonder if they just make it all up. Somebody with thousands of feedbacks would take days to go through just to see if the feedbacks are real.
David
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Rest in Peace
United States
2884 Posts |
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Pillar of the Community
United States
2724 Posts |
2. Unscrupulous sellers are making it challenging for uneducated consumers to purchase raw coins. That is exactly what brought me to start this thread. I do not worry about seasoned collectors, as they SHOULD know better. My problem lies with people simply stating matter of factly that some new person who found a coin to go sell it on ebay. That is no better than telling someone to buy from the TV station. When new collectors come to a forum looking for quality advice, they should get quality advice. They should receive better treatment than most I see. |
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Replies: 47 / Views: 4,571 |
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Posted 05/17/2005 5:07 pm
