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 Replies: 17 / Views: 2,694 |
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Bedrock of the Community
 United States
25156 Posts |
Image for posterity:  Inordinately fascinated by bits of metal with strange markings and figures
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Moderator
United States
34407 Posts |
"If you climb a good tree, you get a push."
-----Ghanaian proverb
"The danger we all now face is distinguishing between what is authentic and what is performed."
-----King Adz
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Bedrock of the Community
United States
74078 Posts |
Such a shame.  The person bidding on it will be getting ripped off, once they find out it's fake. Errers and Varietys.
Edited by Errers and Varietys
08/19/2025 01:09 am
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Pillar of the Community
United States
878 Posts |
This dealer is actually worse than you think. This coin sold on 8/7. They have a "dealer" account ( ebay feedback of 7306) place a max bid and then the scam account ( ebay feedback of 8462) bids it up over a period of time up until auction end hoping to sucker someone in. On the 8/7 auction, they almost caught a fish that dropped a bid of $1,578 with a little over a minute left before auction end. 8462 placed another bid 12 seconds later but with a minute left hoping to draw a few more dollars out of the fish, but they didn't go for it. Scammer took the coin for $1,603. The next day, 8/8, the coin was then put up for a 10 day auction again following the same drill. This time the dealer had feedback of 56,919, max bid of $1,500 and again scammer 8462 bid it up but no fish jumped in. Auction closed at $1,508. Below are screenshots of the bid action near the end of each auction.   |
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Pillar of the Community
 United States
2362 Posts |
He turns every coin into gold!   Member ANA and EAC "You got to lose to know how to win". Dream On by Aerosmith |
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Pillar of the Community
United States
878 Posts |
Round three, will Coins & Cards find a sucker on ebay. Same scam bidder 8466, so now just waiting for another dueling "dealer" bidder working in concert to try and create interest and draw in the fish.  |
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Moderator
United States
188213 Posts |
Oh brother.  |
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Pillar of the Community
 United States
1613 Posts |
Wow. You guys opened my eyes to so many things I've not considered. First, while I have seen this seller's listings in the past I had not paid attention to what was actually listed or the frequency, especially the key and semi-key dates. The second take away was the obvious use of dealer participants (most likely paid for their service) driving up the price. Just glad that I have not bought from them, nor would I ever. Not worth the risk for sure. So much thanks for this enlightenment!
On a final note, I looked at a 1912s PCGS AU50 for $1,400 at last Fall's PAN show but opted for the '12d in AU58 instead. So it's incredible to me seeing what people are throwing at raw key dates hoping for the best.
ANA member - PAN Member - BCCS Member There are no problems only solutions - the late, great John Lennon
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Pillar of the Community
United States
1613 Posts |
A follow up. I checked out his feedback and saw at least a dozen 1932s Washington quarters sold, all in mint state. Or so they appear from the images. Who has that many of a key date? ANA member - PAN Member - BCCS Member There are no problems only solutions - the late, great John Lennon
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Bedrock of the Community
Canada
21606 Posts |
Quote:
Who has that many of a key date? Counterfeiters |
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Moderator
United States
188213 Posts |
Quote:Quote:
Who has that many of a key date? Counterfeiters |
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Pillar of the Community
United States
878 Posts |
So, this coin is now on its sixth listing. I decided to send a rather extensive report to ebay, they may do nothing, but this dealer is trash. They employ shill bidding on nearly all of their listing. At least their rating has taken a hit recently. As I understand it, shill bidding, where the seller conducting the auction uses fake bidders, is illegal. Not to mention the fake mint mark. Here are the pics I included in the report. And yes, I had nothing better to do tonight, and the wife is out of town!   |
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Moderator
United States
188213 Posts |
Oh my! |
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Moderator
United States
95787 Posts |
how many times is going to sell that coin.. |
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Valued Member
United States
461 Posts |
A while back on ebay, I paid $50 for a PCGS MS65+ CAC 1912S Liberty nickel from a Chinese seller. I knew it was a counterfeit, but had heard that some counterfeiters even counterfeit slabs. Out of curiosity, I wanted to see how the counterfeit slab and CAC sticker looked. Turns out that $50 doesn't buy you a counterfeit slab, much less a CAC sticker. The "coin" arrived loose in a tin box like one for breath mints. I didn't bother to learn and check the diagnostics. The item itself looked like a genuinely struck coin with gem consistent surfaces. It would probably look legit in a Dansco or Whitman album, absent careful examination. I have been told that you should look at where the item is coming from and be very skeptical if from outside the U.S. I have had bad experiences buying raw coins on ebay, all genuine. Photos, lighting and other factors can be misleading. This can also be true of slabbed coins. I find it difficult to get a good sense of toning color, except from a few trustworthy dealers. A few times I have bought coins I thought were naturally toned and received white coins that looked dipped. PCGS TRUE VIEW photos often exaggerate the extent of toning. Even Heritage Auctions has sent me white coins when the photographs appeared to show toning colors Accordingly, I usually limit my purchases to CAC approved coins unless I have established trust with the dealer. So, caveat emptor on mail order coins from new sources, and for heaven's sake, don't bid in a raw coin auction for a coin coming from China. |
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Replies: 17 / Views: 2,694 |
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First Page
Posted 08/18/2025 8:22 pm
