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 Replies: 72 / Views: 6,501 |
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Valued Member
United States
96 Posts |
I'm no expert on gold and it's surely worth what you say...BUT the auction is not over yet....still 7 days +
:)
Edited by fasteddie
04/27/2008 1:03 pm
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Pillar of the Community
United States
5318 Posts |
Well...you don't want to authenticate the coin by the seller ratings, but by the coin itself.
People also think as long as the coin is in a "trusted slab", it's good too--until the slab gets forged.
Mind you, I'm not casting any doubts on this particular coin because I'm unfamiliar with this series and can't say.
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Valued Member
United States
96 Posts |
I respect your opinion on this matter BUT (if I were more familiar with this coin) WOULD be willing to bid on this item based on what I see in this sellers history.!
I mean I think this thread has had a bit of a kneejerk reaction to so many coins, you don't want to have faith in anyone anymore.
BTW my 1899 Morgan that was in question, has been authenticated by PCGS!
Edited by fasteddie
04/27/2008 1:08 pm
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Valued Member
United States
199 Posts |
You know,a couple months ago I would have jumped on this coin,If I collected type 1's.I have several type 2's,San Francisco mint...I just have become so paranoid after reading some of the horror stories here....I had no idea how bad it is out there now as I haven't bought any coins for about 3 years.
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Valued Member
United States
96 Posts |
ebay is really pretty good about getting rid of the bad ones out there..it's in their best interest to keep the site free from thieves and they do a pretty good job as I said. With the coin community very conscious of this issue, coins that are suspect are reported to ebay rather quickly these days and where appropriate ebay WILL remove the seller..I've seen it many times. It is not 100% fail safe as ebay is HUGE but they do a pretty good job and if you do get a fake they stand behind their $2,000 guarantee! I was ripped for an 1889 CC the seller never shipped...I was reimbursed within a month and the seller is GONE in the wind....
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Pillar of the Community
United States
860 Posts |
I agree with FastEddie on ebay's/Paypal's action and reactions to bad deals. It is similar to credit card companies offering little or no liability to internet purchases. Their overall income based on "secure feelings of cardholders" is tremendous compared to their bad debt loss. The ebay coin groups are very quick to react to suspected fraud. I have reported several also. Jim |
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Pillar of the Community
United States
1208 Posts |
quote:
I highly doubt it...
High FEEDBACK over 9,000 at 100% US SELLER,
been on ebay 4 years now...
7 days money back...
Pay Pal accepted..
Not the signs of a counterfeiter.
I don't have an opinion on the double eagle... However, I do think that even a seller like this could unknowingly pass a high quality counterfeit. So you can't really go by the seller's pedigree. |
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Pillar of the Community
United States
5318 Posts |
"...I think this thread has had a bit of a kneejerk reaction to so many coins" Well, perhaps. But-- there are so many fakes on eBay that I cannot possibly see how they could police every auction. I respect your opinion too Fasteddie, but I've seen far too much fraud to trust anything at face value. A few years ago, I was involved in a sting against Tag-Heuer watch fakes on ebay. Before Tag's lawyers got involved, approx 30% of watch auctions of that brand were fakes, ie ebay wasn't policing things (how could they?) Now, with better forgeries coming out, I suspect the same trend is happening to coins. It can never hurt to be careful. |
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Valued Member
United States
96 Posts |
I agree one 'well intentioned seller" could unknowingly sell counterfeits so I suppose it's our duty when in doubt to pay and have it authenticated..
If found not to be authentic a refund should be no problem at all..if authentic well it just cost you more money.
What a sad sad state of the world we live in :(
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Pillar of the Community
United States
543 Posts |
Those chinese wont be giving up soon
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Bedrock of the Community
United States
17884 Posts |
quote:
However, I do think that even a seller
like this could unknowingly pass a
high quality counterfeit.
So you can't really go by the seller's pedigree.
True, he could be fooled, but with an excellent record like that you can probably feel fairly safe they he will reimburse you when it turns out the coin is fake. |
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Valued Member
United States
169 Posts |
I had a friend show me a counterfeit of an early 1800's dollar. 1803, I think. I was fooled. He took it to a dealer who told him it was a fake the moment he saw it. The weight is apparently the key to identifying the counterfeits. Oh well, at least they're not made of lead!
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Replies: 72 / Views: 6,501 |
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Posted 04/27/2008 1:02 pm
