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1956 Lincoln Cent Ebay Seller

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jpsned's Avatar
United States
2205 Posts
 Posted 02/05/2024  6:30 pm  Show Profile   Bookmark this reply Add jpsned to your friends list Get a Link to this Reply

Quote:
"CHECK YOUR CHANGE I sifted through rolls of dimes from the bank & discovered 'mirror-like finish' on 3 coins - now it's worth up to $456k"


I always enjoy seeing ads with the wording "worth up to..." That means it could be worth $1.00. Or $1.15. Or 25 cents.
Valued Member
United States
425 Posts
 Posted 02/07/2024  10:47 am  Show Profile   Bookmark this reply Add Erscolo to your friends list Get a Link to this Reply
Much ado about nothing. The seller can ask any price they want, and if someone buys it, good for the seller. Personal responsibility and education should be common sense.
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Coinfrog's Avatar
United States
94367 Posts
 Posted 02/07/2024  10:51 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
As should ethics for the for the seller, but I sppose that's asking a lot.
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hokiefan_82's Avatar
United States
3649 Posts
 Posted 02/07/2024  9:10 pm  Show Profile   Bookmark this reply Add hokiefan_82 to your friends list Get a Link to this Reply
When my BP is running a bit low, all it takes is browsing some of the coin ads in ebay to raise it back up a bit...
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mrwiskers's Avatar
United States
1780 Posts
 Posted 02/08/2024  04:59 am  Show Profile   Bookmark this reply Add mrwiskers to your friends list Get a Link to this Reply
Edited by mrwiskers
02/08/2024 05:09 am
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mrwiskers's Avatar
United States
1780 Posts
 Posted 02/08/2024  05:08 am  Show Profile   Bookmark this reply Add mrwiskers to your friends list Get a Link to this Reply
...most likely money laundering ... buy the penny, get some drugs, looks ike a legit transaction, dollar amount too small for law enforcement to investigate, ebay gets their fee, customer gets their drugs (or, whatever), no complaints ... done deal ... happens a lot, not just with coins, but with any collectable with arbitrary values ...
...search "RARE COIN", scroll through & you'll se a lot of this occuring. Notice that often, the seller will have little to 0 feedback ...
...By the way, the "Modern Art" world has been used for this purpose since the 1940's ... huge sums of money for something monkeys could do better ...
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ijn1944's Avatar
United States
19155 Posts
 Posted 02/08/2024  07:15 am  Show Profile   Bookmark this reply Add ijn1944 to your friends list Get a Link to this Reply
It's the marketplace--warts and all. As always, buyer beware.
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Dearborn's Avatar
United States
96112 Posts
 Posted 02/08/2024  1:29 pm  Show Profile   Bookmark this reply Add Dearborn to your friends list Get a Link to this Reply

Quote:
I guess the "it's for charity" bit is supposed to make me want to hand over hundreds of dollars

My favorite 'Charity' to donate to is ME!
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Morgans Dad's Avatar
United States
5613 Posts
 Posted 02/08/2024  1:46 pm  Show Profile   Bookmark this reply Add Morgans Dad to your friends list Get a Link to this Reply
After Viewing This EB Sellers Coins, I've decided to Consider throwing away ALL My Uncirculated/Proof Sets.

His coins are " obviously " Very Unique..

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Morgans Dad's Avatar
United States
5613 Posts
 Posted 02/08/2024  1:48 pm  Show Profile   Bookmark this reply Add Morgans Dad to your friends list Get a Link to this Reply
In The Coin Collecting World, My Favorite " Charity " is ME Also !!!!!!!
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BadThad's Avatar
United States
19951 Posts
 Posted 02/08/2024  3:56 pm  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply

Quote:
...most likely money laundering ... buy the penny, get some drugs, looks ike a legit transaction, dollar amount too small for law enforcement to investigate, ebay gets their fee, customer gets their drugs (or, whatever), no complaints ... done deal ... happens a lot, not just with coins, but with any collectable with arbitrary values ...
...search "RARE COIN", scroll through & you'll se a lot of this occuring. Notice that often, the seller will have little to 0 feedback ...
...By the way, the "Modern Art" world has been used for this purpose since the 1940's ... huge sums of money for something monkeys could do better


Interesting take and could be true. Just another way to launder money, taking after Hunter! LOL
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lincolncollector's Avatar
United States
373 Posts
 Posted 02/18/2024  03:53 am  Show Profile   Bookmark this reply Add lincolncollector to your friends list Get a Link to this Reply
For Variety it has "l in Liberty lives on the rim."

I don't see any "I" on any rim anywhere. The seller must have really good vision.
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nss-52's Avatar
United States
54282 Posts
 Posted 02/18/2024  09:18 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:
The seller can ask any price they want
Not on ebay if the coin is not graded by NGC, PCGS, ICG, AMACS or CACG and the starting or buy it now price is over $2,499.

https://www.ebay.com/help/policies/...ent=currency
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nfine's Avatar
United States
3470 Posts
 Posted 02/18/2024  2:28 pm  Show Profile   Bookmark this reply Add nfine to your friends list Get a Link to this Reply

Quote:
Not on ebay if the coin is not graded by NGC, PCGS, ICG, AMACS or CACG and the starting or buy it now price is over $2,499.


ebay has turned compliance over to AI and my experience is that rule is no longer being enforced. I've reported ungraded coins listed as graded, ungraded coins priced well over $2.5K, and coins that are not what they are listed as. In every case AI reports that no violations were found.

I've been reporting a lot of things the last couple of weeks to see what, if anything, is a rule violation. So far, AI hasn't found anything that is a problem.
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NumisRob's Avatar
United Kingdom
17937 Posts
 Posted 02/18/2024  2:45 pm  Show Profile   Check NumisRob's eBay Listings Bookmark this reply Add NumisRob to your friends list Get a Link to this Reply

Quote:
eBay has turned compliance over to AI and my experience is that rule is no longer being enforced. I've reported ungraded coins listed as graded, ungraded coins priced well over $2.5K, and coins that are not what they are listed as. In every case AI reports that no violations were found.


I saw a crumpled current Bank of England £10 note, uncertified, with a slightly fancy serial number, for sale for over £30,000. I reported it and got this reply.
1956-Lincoln-Cent-Ebay-Seller
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