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 Replies: 13 / Views: 1,899 |
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Valued Member
United States
407 Posts |
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Pillar of the Community
United States
968 Posts |
That's weird. I see auctions like that all the time on ebay and I haven't seen such a big run up in price before. I guess to be honest I don't watch as the auctions end so maybe they do get this kind of run up regularly. I'm pretty sure that it violates ebay's rules. At the very least that person is risking getting negatives. I wouldn't want to risk that on an account with 1100 feedbacks and a 100% rating. |
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Valued Member
Canada
272 Posts |
In Canadian coins an ounce works out to = 1 silver dollar 1 silver half dollar 1 silver quarter Pre 1968 80% silver coinage, if anyone is interested that is.  |
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Bedrock of the Community
United States
10045 Posts |
This auction is pretty confusing...what does "ONE HALF OUNCE+" exactly mean--you get just one of those halves? Pretty steep bids.  What we have here...is a failure to communicate.  |
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Valued Member
 United States
407 Posts |
One half ounce means one half ounce of coins! That equates to 1 half dollar and 1 dime. Together they weigh one half ounce (which means LESS THAN one half ounce of silver). There are other combinations (like 2 quarters and 1 dime) but it all comes out the same. There are many auctions like this and many people don't have difficulty understanding that you are not going to get ALL the coins pictured, just on half ounce of coins FROM the coins pictured.
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Rest in Peace
United States
5375 Posts |
Deceptive wording, though bidders should be more careful.
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Pillar of the Community
United States
968 Posts |
In looking at the bidding it appears that it was only two people that didn't understand what was for sale. The last bid that wasn't one of those two bidders was $14, which is reasonable for what he is actually offering.
Edited by Saruma
11/01/2011 2:00 pm
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Pillar of the Community
United States
1659 Posts |
Sold for $101.00...Unbelievable! |
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Pillar of the Community
United States
9792 Posts |
Looking at their previous feedback I wonder if they will explain it, seems like they sold a few lots like this before - all were legitimate priced and sold for weight. They seem to have a good reputation on ebay's feedback, I think I've even bought from her before. That said not exactly a kosher ad, it's a bit deceptive in the way it's worded, kind of like the Sony Playstation 2 (photo) that sold a few years ago, people were bidding $400.00 for a photo of a PS2 - if it's too good to be true then it probably isn't a good deal. "Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector. See my want page: http://goccf.com/t/140440 |
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Pillar of the Community
United States
5853 Posts |
Quote:
If it's too good to be true then it probably isn't a good deal. While generally true, I don't think it really applies auctions like this. If the seller had a Buy It Now price of $5, I'd suspect something was up. But most auctions these days start at $0.99, so there's really no correlation between the starting price and what the item is actually "worth." In my mind, the auction in question is flat out deceptive. It showed a large pile of coins and the text included a "+" sign that indicated that more than one ounce was being sold. Yes, most people probably figured out what was really being sold, but some people obviously just looked at the picture and glanced at the text. Sure, everybody should read the text carefully, including the fine print, but that doesn't excuse a seller who purposely attempts to mislead those who aren't careful. I really think ebay should ban auctions like this where the photo shows a large amount of something and the seller promises to give you one or some of the items in the pile for your bid. The photo should at all times depict exactly what you are bidding on, period. Of course, I also think ebay should ban that one seller who keeps advertising "treasure boxes" of coins found in a "hidden room" that all mysteriously end up containing the exact same collection of low end junk and copy coins, but that's just me... |
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Pillar of the Community
United States
548 Posts |
Every time I search ebay for junk silver, I see those ads. I shake my head at the silliness of the ad's description and move off to the next one, which I can figure out what they're selling. But then I'm surprised when those ads work. Then I wonder who's more silly, the seller or the buyer. |
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Pillar of the Community
United States
548 Posts |
Quote:Of course, I also think ebay should ban that one seller who keeps advertising "treasure boxes" of coins found in a "hidden room" that all mysteriously end up containing the exact same collection of low end junk and copy coins, but that's just me... Hey! That's a good idea! I'll need to try that next time.  |
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Moderator
 United States
14463 Posts |
This wasn't on ebay, but I watched an auction yesterday that a 1 ounce bar of silver went for $103.00 + shipping. It was a standard silver bar, nothing different from the other 100's up for auction. I understand wanting something and willing to pay for it, but that was three times spot price  Edited by Fuzzy317
12/05/2011 2:32 pm
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Pillar of the Community
Canada
981 Posts |
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Replies: 13 / Views: 1,899 |
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Posted 10/31/2011 11:38 am
