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Ebay Estate Lots (Yay Or Nay?)

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 Posted 03/04/2021  01:14 am Show Profile   Bookmark this topic Add IsThisAnything to your friends list Get a Link to this Message
Everything about these screams "do not buy" to me, but they also sound really exciting. Am I just too jaded by eBay? Is there a way to find legit lots to go hunting through? Is there a better place to go online?

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 Posted 03/04/2021  03:11 am  Show Profile   Bookmark this reply Add norantyki to your friends list Get a Link to this Reply
Generally, these days, steer clear of any lots marketed as 'junk drawer' or 'estate' or 'unsorted / unsearched' on Ebay. They are all searched to within an inch of their lives, and almost certainly represent the absolute dregs. This being said, back in the day, there were some genuine unsorted / estate lots - I even got my 1952 Rolex Tudor Oysterprince out of one.

With COVID restrictions, it is tough to find anywhere to buy these days, and the auction / ebay prices have gone nuts, even for junk lots. When things begin to open up again, I would recommend going to actual estate sales / LCSs / garage sales / flea markets - thats where I tend to have most luck under normal circumstances.
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 Posted 03/04/2021  07:24 am  Show Profile   Check nss-52's eBay Listings Bookmark this reply Add nss-52 to your friends list Get a Link to this Reply

Quote:
but they also sound really exciting


If they sound exciting, then it is most likely because the seller is mentioning things that MIGHT be included, and not what is actually included.

Can you provide the listing number for one or more "exciting" estate lots?
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 Posted 03/04/2021  09:21 am  Show Profile   Bookmark this reply Add oriole to your friends list Get a Link to this Reply
https://www.ebay.ca/itm/Gold-and-Si...121698594926


Here is a good one:


12 silver and gold items are promised for $75, but they display quite a few silver dollars and 1 gram gold ingots.

Most of the items are worth quite a bit less than $6 each, silver dimes, 1 gram silver ingots and vials of gold flake. What are the odds of you getting mostly cheap items?
Edited by oriole
03/04/2021 09:24 am
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 Posted 03/04/2021  09:30 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Nay, nay, stay away.
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 Posted 03/04/2021  10:57 am  Show Profile   Bookmark this reply Add Lembafc to your friends list Get a Link to this Reply
Stay away like its the plague. As mentioned above, these "estate" lots are 99.99% of the time not estate lots and are a trap.
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 Posted 03/04/2021  11:26 am  Show Profile   Bookmark this reply Add IsThisAnything to your friends list Get a Link to this Reply
Thanks guys! I've been doing some price comparing in ebay, so of course that's all I'm seeing there now. I immediately distrust anything with big flashy letters and stars, but always think "I wish that were true..."
I'm not looking for that million dollar find, but I love catching a few well preserved coins to add to my collection, specifically WWII coins (this is why searched doesn't always bother me, a lot of my joy comes from pretty low value finds).

Oriole that's one that came up! How appropriate matched!
Edited by IsThisAnything
03/04/2021 11:30 am
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 Posted 03/04/2021  11:42 am  Show Profile   Check chafemasterj's eBay Listings Bookmark this reply Add chafemasterj to your friends list Get a Link to this Reply
Coinfrog and Lembafc couldn't have said it better. Unsearched my butt.
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 Posted 03/04/2021  1:09 pm  Show Profile   Bookmark this reply Add Rothery to your friends list Get a Link to this Reply
If the lots are unsearched then how do they know what's in it?
Everything can change in just one day.........

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 Posted 03/04/2021  1:45 pm  Show Profile   Bookmark this reply Add IsThisAnything to your friends list Get a Link to this Reply
Rothery is having none of their bologna
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 Posted 03/04/2021  1:54 pm  Show Profile   Bookmark this reply Add Numisma to your friends list Get a Link to this Reply
I agree with all that's been said. All you need to consider is that the only reason for them not to tell you exactly what you're getting is that they stand to gain from it. There's no such thing as a free lunch and there's no such thing as an unsearched lot.
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 Posted 03/04/2021  9:43 pm  Show Profile   Bookmark this reply Add tdziemia to your friends list Get a Link to this Reply
DO YOUR RESEARCH!!

The listing posted by @oriole for example, you can drill down into the seller's neutral and negative feedback, and see that almost every dissatisfied customer bought something with "estate" in the title.

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 Posted 03/05/2021  08:24 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
As so many have already said, NO, NO, NO, NO
just carl
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 Posted 03/05/2021  11:38 am  Show Profile   Bookmark this reply Add PlumCrazy814 to your friends list Get a Link to this Reply
It's MUCH more fun going to a coin show and looking through dealer junk boxes - and, to me, more satisfying. You can see exactly what you are getting.
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 Posted 03/15/2021  2:28 pm  Show Profile   Bookmark this reply Add TimNH to your friends list Get a Link to this Reply
Every collector's dream is to find a giant unsearched collection in a yard sale or estate, with rare treasures at a bargain price. No such thing exists, yet eBay sellers play on these hopes to bring out the bids. Avoid like the plague.
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 Posted 03/15/2021  3:21 pm  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
Need to go to larger shows to get into the junk bins, and everyone is right to steer clear away from these estate lot.

Edit: I notice all these estate lots said gold, and watching YouTube channels tells people these gold flakes in the tube aren't gold, isn't that consider fraud?

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Edited by macmercury
03/15/2021 3:26 pm
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