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2007 Washington Dollar Upside Down

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First Page  Showing last 15 replies.
Author Previous TopicReplies: 17 / Views: 3,481Next Topic Page 2 of 2
Pillar of the Community
United States
1523 Posts
 Posted 03/21/2010  11:47 am  Show Profile   Bookmark this reply Add Halfwitty to your friends list
Well. The dude just 150% his dollar investment.I can't believe that ebay has become so big that they can't stop this stupid crap from happening.
Edited by Halfwitty
03/21/2010 11:48 am
Valued Member
United States
312 Posts
 Posted 03/21/2010  12:05 pm  Show Profile   Bookmark this reply Add AMFCook to your friends list
Unfortunately, I didn't see this yesterday because the sale ended 5 minutes after I reported the seller to ebay.
Rest in Peace
United States
1729 Posts
 Posted 03/21/2010  12:50 pm  Show Profile   Bookmark this reply Add pls to your friends list
Three dupes bid on it. Sad.
Locked
822 Posts
 Posted 03/21/2010  1:06 pm  Show Profile   Bookmark this reply Add scubu to your friends list
I don't see the problem here. No where does he say it's an error. It's not listed in errors.


Quote:
I can't believe that ebay has become so big that they can't stop this stupid crap from happening.


You can't possibly be serious. The guy started a BU $1 coin at 99¢ with no lies and the bidders bid it to $2.69. Big whoop. Let's lock the seller up and boycott ebay for allowing this idiocy.

Oh, http://cgi.ebay.com/MINT-2007-GEORG...-A_W0QQitemZ170398617312QQcmdZViewItemQQptZCoins_US_Individual?hash=item27ac8c8ee0
Edited by scubu
03/21/2010 1:08 pm
Valued Member
United States
312 Posts
 Posted 03/21/2010  3:45 pm  Show Profile   Bookmark this reply Add AMFCook to your friends list
He did not come out and say it is an error, but he is being deceptive to people in leading them to think this is an error when in actuality, and according the Mint's website; statistically, it happens at random.
Rest in Peace
United States
1729 Posts
 Posted 03/21/2010  6:58 pm  Show Profile   Bookmark this reply Add pls to your friends list
I don't believe there's any ebay rule that states that a seller cannot accept an amount of money in excess of the value of an item. Neither does he have to provide educational information for the bidders to read. ebay would go out of business if such a rule were in effect, and on the national front, so would HSN. And it would spread! Political candidates would have to tell the truth!

I don't mean to belittle anyone who posted in this thread, but the problem is with stupid ... I'm sorry, IGNORANT ... people who bid on anything based on deceptive copy instead of accurate representations. Stupid isn't illegal, and as P. T. Barnum said ...
Locked
822 Posts
 Posted 03/21/2010  7:23 pm  Show Profile   Bookmark this reply Add scubu to your friends list

Quote:
I don't believe there's any ebay rule that states that a seller cannot accept an amount of money in excess of the value of an item. Neither does he have to provide educational information for the bidders to read. ebay would go out of business if such a rule were in effect, and on the national front, so would HSN. And it would spread! Political candidates would have to tell the truth!

I don't mean to belittle anyone who posted in this thread, but the problem is with stupid ... I'm sorry, IGNORANT ... people who bid on anything based on deceptive copy instead of accurate representations. Stupid isn't illegal, and as P. T. Barnum said ...


You really need to research things before you chastise. Take 15 minutes and look at closed auctions and BINs for these coins. I even pointed out one to you with several sales already. The sale price on this one is 100% in line with what's been the going rate for months. Nobody lied here and no one was ripped off.
Valued Member
United States
312 Posts
 Posted 03/21/2010  7:34 pm  Show Profile   Bookmark this reply Add AMFCook to your friends list

Quote:
Nobody lied here and no one was ripped off.


I'll sell you my PR-70 Silver DAV Comm, price is $600.00 firm.

Locked
822 Posts
 Posted 03/21/2010  7:37 pm  Show Profile   Bookmark this reply Add scubu to your friends list
Nice comeback. I reckon that was supposed to be funny.
Rest in Peace
United States
1729 Posts
 Posted 03/21/2010  8:35 pm  Show Profile   Bookmark this reply Add pls to your friends list
scubu, you completely misread my post; I was agreeing with your comment. My point is that we don't need more rules; we need more people who can read. Educating young people to read and comprehend was my job for 34 years, and since I obviously failed in my post to get you to understand my point, which was the same as yours, I think it's time for me to go to the river now.
Pillar of the Community
United States
1934 Posts
 Posted 03/23/2010  07:48 am  Show Profile   Bookmark this reply Add j_h_s to your friends list
Coin collecting requires research, education, knowledge, and experience.

Some of you are implying that ignorance in/of numismatics is an excuse.

I googled, "side lettering on the Presidential dollar" and got this fourth hit:

http://www.smalldollars.com/dollar/page33.html

The ebayer who posted his coin stated simple facts about the coin...full stop.

I'd say the second seller referred to is misleading because he/she implies that one strike is "normal," when, in fact, the strikes are random.

I'm gonna rush right in and buy any coin without some research?

Sure I am.


Edited by j_h_s
03/23/2010 07:51 am
Valued Member
United States
105 Posts
 Posted 04/12/2010  5:08 pm  Show Profile   Bookmark this reply Add Dhughesz28 to your friends list

Quote:
I don't believe there's any ebay rule that states that a seller cannot accept an amount of money in excess of the value of an item.
..

I totally agree.. and after all isn't this the point of an auction? To get people to bid as high as possible? I know people like to refer to the Red Book, or the blue book, or the whatever book for coin values, and that's fine. But these "official values" should be used as a reference point for auctions, not a set in stone price... If your of the opinion that people should only sell their items for what they are worth, than whats the point of even having auctions? because in the end something is worth whatever people are willing to pay for it..

That being said I also agree with those who say that buyers should be educated and know what they are bidding on because there are alot of con artists out there looking to prey in the uneducated.

However with this particular auction I do not believe the seller has done anything wrong. He did not list the coin as rare, an error or anything like that.. all he did was point out an obvious detail about that particular coin.

On a side note, while I have the floor.. When referring to legitimate auctions...To all the people who complain about these types of situations where someone has overpaid on an auction and are of the opinion that the seller has taken advantage of the buyer... what is the reasoning behind your complaint.. morals? Like its morally wrong for someone to have to pay more than what something is worth? Well let me ask you this.. how many times have you bid on an auction and won and paid LESS than what the auction item is worth? You may feel like you got a good deal right? But did you at any point feel morally obligated to offer full value to the seller even after the end of the auction? Because in a way didn't you just cheat out the seller of some $$? Its funny how morality and honesty is a one way street for some....

Pillar of the Community
United States
968 Posts
 Posted 04/12/2010  9:19 pm  Show Profile   Bookmark this reply Add Saruma to your friends list
Just adding my voice to the chorus of people saying there doesn't seem to be anything wrong with this auction. He told the truth and nothing more. If that auction is upsetting to you then you ought to go after virtually every company that advertises on TV. Fast food places make the burgers look bigger and tastier than they actually are. Car companies make it sound everything they sell is the best car ever made and the deal they have is the cheapest price humanly possible. This is an election year so get ready for some advertising whoppers from every single politician running for office!

All this guy is doing is advertising his product in the best light possible without lying. Nothing wrong with that!
Pillar of the Community
Canada
3692 Posts
 Posted 04/12/2010  9:47 pm  Show Profile   Bookmark this reply Add Libertad to your friends list
..."A sucker's born every minute."
Valued Member
Australia
155 Posts
 Posted 04/12/2010  10:44 pm  Show Profile   Bookmark this reply Add Agosos to your friends list
Would sales on ebay and the like effect prices in the Red Book etc?
I mean,if I got a group of people together,and sold a coin thats worth say,ten dollars,and sold it to each other all year for twenty dollars,(I'm sure eventually people outside the group might start buying at $20)would the price of the coin be set at a higher price in the next publication?
It's just something I've wondered about.
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