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Replies: 68 / Views: 5,354 |
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Valued Member
 United States
100 Posts |
I've ordered. 7 things in the past week or so from Auction Kings alone. Not a single item is as described, most"grossly" misrepresented. The two items that were suppose to be sealed were not, with one in terrible shape and both were different years than the pouch, example the coa pouch said 1934 but the coin was a 1922 Ave was not sealed. the other give coins were nothing like described and represented in photos, as we have seen with this 1879. I should return everything.
Edited by Shtiv 12/28/2022 11:19 pm
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Pillar of the Community
 Canada
5395 Posts |
You have to ask yourself at what point do I learn a lesson and stop Buying from these guys ? Seven items !!? There are no home runs in numismatics . No one is going to let you buy an MS63 1879O Morgan (Sells for 325to 600 depending on eye appeal, lustre Toning , degree of PL etc) for what you paid $95.00 or so from what I see! Learn to sharpen your own skills so you don't get burned. Also there are lots and lots of Sellers on ebay who are completely above board !
Edited by Pacificoin 12/29/2022 12:57 am
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Pillar of the Community
 United States
5674 Posts |
The 1879-O pictured in his listing is definitely not the same coin he sent you. You should return the coin with the reason "item not as described", and if you feel that the other coins were also misrepresented, return them as well. At least ebay provides some degree of buyer protection in situations like this. Practice grading coins from photos in the CCF grading forum. You should at least be able to tell when photos are deceptive and how to spot signs of cleaning, because in general you need to rely on the photos more than the description when buying on ebay.
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Pillar of the Community
United States
2282 Posts |
The attitude you have towards our hobby and all of this is actual comedy.
Your comments and mindset isn't logical by any means, don't feed the troll folks.
You realize when you know how to think, it empowers you far beyond those who know only what to think.
-Neil deGrasse Tyson
Edited by NumismaticsFTW 12/29/2022 02:46 am
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Moderator
 United States
56855 Posts |
Shtiv, I recommend that you stop buying coins for now until you have learned how to grade. I have been in the hobby since 1971 and still do not grade very well. Also, when you are buying a coin make sure it says in the ad that the coin pictured is the one you will receive and that there is a return option. John1 
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Moderator
 United States
56855 Posts |
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Valued Member
 United States
100 Posts |
I've been looking for a site like that, do you happen to know how or what its basing the prices on i.e. RedBook, Grey Sheet, ebay or a combintation? thank you for sharing
Edited by Shtiv 12/29/2022 09:56 am
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Pillar of the Community
 United States
735 Posts |
I use ebay quite often due to the lack of shops & shows in my area. I have learned to just stay away from sellers that "doctor" their photos. Its not worth my time to deal with the hassle. I believe there are numerous other morgan / coin dealers on ebay that enhance their photos in post, I would just avoid them completely. The 1879 o does look harshly cleaned.
I've been collecting for a couple years... Favorite Coin's are Standing Liberty quarters, Working on my type set | Coffee, Corvettes, Coins & the CCF what could be better?
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Valued Member
 United States
100 Posts |
It still puzzles me how this and other companies maintain the feedback ratings they have.....
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Pillar of the Community
 United States
735 Posts |
Because they are a large dealer ebay probably helps them remove their negatives. Please note - *Revised Feedback: 344* Most were probably negatives at one point 
I've been collecting for a couple years... Favorite Coin's are Standing Liberty quarters, Working on my type set | Coffee, Corvettes, Coins & the CCF what could be better?
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Valued Member
 United States
100 Posts |
Jake, I have had bad experiences with only buying raw coins so far and have learned quite a bit over the past few weeks. I believe my grading skills are pretty good at this point. Being new at this, I still fall for individual claims that a coin is BU, DMPL, etc., which is why I'm here wondering if I'm missing something. Furthermore, I find the discussions and opinions on here to be educational and fun to read, and I learn a lot with each post I make. I have no plans to stop buying on ebay and from my experience, the main cause of receiving coins not in the condition as described is due to sellers' lack of knowledge (i.e. dad passed away and they sold their collection), some individuals don't know how to take pictures correctly, others, as we have mentioned, grossly misrepresent the coin and/or doctor the photos, as well as giving titles a very flashy and misrepresentative title. And finally, somehow I feel that some individuals how found a system to manipulate their feedback. How they do it I am still trying to understand. Could it be my bad luck.....? I can't imagine as we have seen from this thread and could start five others just like it (still waiting on the seventh coin), I would say that this is the worst case, but the others wouldn't be too far from it.
Edited by Shtiv 12/29/2022 10:19 am
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Moderator
 United States
56855 Posts |
Quote: do you happen to know how or what its basing the prices on I do not. Ignore Red Book prices they are high and outdated soon after release. TPG sites with their values are most time too high. Look at ebay sold values and http://m.numismedia.com/rarecoinprices.htm and average them out for a realistic value. John1 
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Valued Member
 United States
100 Posts |
I have one tab open with "newly listed" auctions (best offer), another with all listings displaying "ending soonest", and a third displaying "sold". When watching I refresh frequently and if I see what feel is a deal I cross reference with the sold items to verify I am getting a deal (or should be). At the moment, I have three albums for Morgans, but I am faced with the question of whether to have everything graded and in slabs or to mix them? The rare stuff slabbed and in albums is the more common and less valuable coins. I still haven't compiled a complete definite plan. Although I am new to grading coins, I do enjoy the "adrenaline rush" of getting a good deal on a raw coin and hoping it grades decently. Again, I learn from it and have fun doing it, and it looks like it brings some laughs here :). This community will see that I am stubborn, I go against the grain and if I buy something I typically like to score a good deal (in some cases I will pay far too much if I just really want a coin for whatever reason).
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Valued Member
 United States
100 Posts |
As a reference guide, I have RedBook prices in a spreadsheet. If I see it is rare or more scarce based on the RedBook then I will then check ebay sold items to see what they sell for to help me determine if I would be scoring a deal on the coin. That's the method to my madness. If you watch ebay, you know there isn't much time to act. There are some scores to be had, but it takes a lot of time and you must be a coin aficionado. I enjoy it a great deal, which is why I watch auctions almost every day for hours.
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Pillar of the Community
 Canada
5395 Posts |
" The attitude you have towards our hobby and all of this is actual comedy.
Your comments and mindset isn't logical by any means"
Completely agree with @ NumismaticsFTW
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Replies: 68 / Views: 5,354 |