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Ebay Seller Is "A Whiz At Spotting Errors"

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Pillar of the Community
United States
863 Posts
 Posted 08/06/2012  3:01 pm  Show Profile   Bookmark this reply Add silvercoinrn to your friends list
I wish I had the guts to sell stuff like this. Id be a millionaire. I'm gonna go make a grilled cheese with the virgin Mary in it now.
Valued Member
United States
397 Posts
 Posted 08/06/2012  3:11 pm  Show Profile   Bookmark this reply Add MadMortician to your friends list
Next week he starts drilling holes in pennies and selling them as mint damaged coins...
New Member
United States
36 Posts
 Posted 08/06/2012  4:00 pm  Show Profile   Bookmark this reply Add baristaben to your friends list
I'll start selling some zinc-rot coins as "experimental alloy failures" or something like that. It's brilliant. I'm a whiz.
Rest in Peace
United States
3039 Posts
 Posted 08/06/2012  4:25 pm  Show Profile   Bookmark this reply Add numismo to your friends list
"reverse large Cud spot"
Pillar of the Community
United States
5838 Posts
 Posted 08/06/2012  5:06 pm  Show Profile   Bookmark this reply Add macmercury to your friends list

Quote:
zinc-rot coins as "experimental alloy failures"


Patent that! So only you can sell it.
Pillar of the Community
Russian Federation
5178 Posts
 Posted 08/06/2012  6:23 pm  Show Profile   Bookmark this reply Add january1may to your friends list
If I did anything similar to that, I'd at least be honest
As in, imagine a listing like this: "Russian 10 copeck coins Die Clash error! Each coin in this listing is a Russian coin of the 10 copeck denomination, dated 2006 or later, with guaranteed visible signs of the so-called Die Clash error. Starting bid $0.99 each. Hurry, this could be your only opportunity to get an error coin that cheap!"

...Well, something like that anyway. And it would be all geniune die-clashed 10 copecks (dated 2006 or later of course). So what is the rip-off, you say?
Well, the rip-off here is that die-clashed 10 copecks (plated-steel ones at least) are actually disturbingly common (I haven't done really major checks, but it seems to be on the order of 8-12%). This and their incredibly tiny face value (300 per $1) means that if coins are obtained at, say, three times face (and it's likely very possible to be much less than that), then checked for die clashes and the remainder just left as is (and it could easily be sold in separate unrelated listings), one would only need 15% of their die clashes to sell at $0.99 each to already get a profit! (Well, a profit ignoring ebay fees anyway... I'm not sure how much, even approximately, they would amount to in such a case.) And I'm sure that there are plenty of "fools" on ebay that would gladly pay even more than $0.99 for a geniune Russian error coin (which these are... heck, if you ever get to Moscow, I should show you my stash, I already have like 200 of these).
Pillar of the Community
United States
2651 Posts
 Posted 08/06/2012  7:30 pm  Show Profile   Bookmark this reply Add Jayman931 to your friends list
Think I'm gonna start selling Russian Coins with the Hammer/Sickle Clash...very rare
Pillar of the Community
United States
1807 Posts
 Posted 08/06/2012  9:58 pm  Show Profile   Bookmark this reply Add rockdude to your friends list
ebay is full of sellers making up errors and making it soud like they are pro's.

http://www.ebay.com/itm/ws/eBayISAP...torid=229466
Bedrock of the Community
United States
17884 Posts
 Posted 08/07/2012  1:37 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list
Interesting, your link goes to the ended auction and when you try to view the original listing you find that ebay has pulled the listing. but on the ended auction page it shows he has relisted it. So it is still there but they pulled the ended auction.
Valued Member
United States
461 Posts
 Posted 08/07/2012  3:37 pm  Show Profile   Bookmark this reply Add Zimmy to your friends list
What amazes me more is that there are people out there that will spend their hard earned money on this junk that tends to perpetuate these listing practices. Buy the book first and educate yourself people. Sure, we all get fooled once in awhile. That is how we learn. But there is no excuse for much of this stuff selling on ebay as real mint errors.
Pillar of the Community
United States
3640 Posts
 Posted 08/07/2012  9:54 pm  Show Profile   Bookmark this reply Add Indian1 to your friends list
Some basic math here. If he get's one .99 bid then
after all of the ebay/paypal fee's and a stamp and envelope etc.
A 19.5 cents profit per coin. Not a bad business.
I gotta go scrape up some more spare change from the ground at McD's
drive up window. Could be Rogue Mint Clash's, or was that Road Mint Rashes ?
Pillar of the Community
United States
2624 Posts
 Posted 08/07/2012  10:18 pm  Show Profile   Bookmark this reply Add DrDon to your friends list
I sold a nickle that had extensive Die Deterioration.I was up front with it and it went for $1. No need too BS people.
Pillar of the Community
United States
1193 Posts
 Posted 08/09/2012  5:27 pm  Show Profile   Bookmark this reply Add joeturbo26 to your friends list
Wait the funniest thing to me is--and no one mentioned it yet..... his ebay name is : GOOFamatoofa

Edited by joeturbo26
08/09/2012 7:40 pm
Pillar of the Community
United States
808 Posts
 Posted 08/09/2012  7:30 pm  Show Profile   Bookmark this reply Add papatony to your friends list
Only you Joe!

Edited by papatony
08/09/2012 7:55 pm
New Member
United States
17 Posts
 Posted 08/15/2012  2:34 pm  Show Profile   Bookmark this reply Add Muzie to your friends list
If I had a penny for every "genuine" mint error being sold on ebay, especially a double strike, being advertised as a real deal DDO I'd have enough $ for that 1969 S DDO I have always wanted, which BTW, seem to be fairly common there!
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