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Ebay Pet Peeve

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Pillar of the Community
TheForce's Avatar
United States
4867 Posts
 Posted 05/07/2005  3:06 pm Show Profile   Bookmark this topic Add TheForce to your friends list Get a Link to this Message Number of Subscribers
I wish eBayers who sell those Wheat penny lots would use the number of coins instead of all this half pound lots or pound lots. I don't have time to do the math to figure it out and it would seem if they wanted to sell their product they would be more upfront on the exact details of the auctions.

David
Pillar of the Community
SFDukie's Avatar
United States
980 Posts
 Posted 05/07/2005  5:24 pm  Show Profile   Bookmark this reply Add SFDukie to your friends list Get a Link to this Reply
David,
Your suggestion makes sense to me. In some sales, they may list weight becuse a pound sounds more impressive than 150. Or, they'd rather weigh than count. BTW, there are about 150 cents/pound. (454g per pound, pre 1982 cents were 3.11gm when minted)
Don
Edited by SFDukie
05/07/2005 5:26 pm
Valued Member
bromac's Avatar
Canada
195 Posts
 Posted 05/07/2005  6:19 pm  Show Profile   Bookmark this reply Add bromac to your friends list Get a Link to this Reply
Another possibility is that these coins are frequently sold as "unsearched" and to the uninitiated this would seem more likely if they were scooped out on to a scale rather than counted out. Just a thought.

Bill
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Susanlynn9's Avatar
United States
5877 Posts
 Posted 05/07/2005  6:50 pm  Show Profile   Bookmark this reply Add Susanlynn9 to your friends list Get a Link to this Reply
I think Bromac hit it on the head. To sell by weight creates the impression that these coins are not searched. If a lot states the number of coins and/or dates, then they must have been searched (though I have seen auctions like that that stated that they weren't - don't how that is possible).

Just an observation - I have noticed that more and more of these "estate find" and "unknown coin" auctions are bringing as much and sometimes more money on ebay than a coin that is accurately described and pictured. I find this very disturbing as it could cause some of the honest ebay sellers to change to a more dishonest format.
Rest in Peace
Morgan Fred's Avatar
United States
2684 Posts
 Posted 05/07/2005  7:24 pm  Show Profile   Bookmark this reply Add Morgan Fred to your friends list Get a Link to this Reply
quote:
Originally posted by Susanlynn9

I think Bromac hit it on the head. To sell by weight creates the impression that these coins are not searched. If a lot states the number of coins and/or dates, then they must have been searched (though I have seen auctions like that that stated that they weren't - don't how that is possible).

Just an observation - I have noticed that more and more of these "estate find" and "unknown coin" auctions are bringing as much and sometimes more money on ebay than a coin that is accurately described and pictured. I find this very disturbing as it could cause some of the honest ebay sellers to change to a more dishonest format.



It all goes to the psychology behind sales to unsuspecting people. As long as potential buyers think they're gonna get something for little invested, they're gonna go after it. ebay has always had (and rightly so) the image as a location where bargains may be found. As the national and worldwide economies, particularly with regard to investments, remain in the toilet, people will continue to attempt to expand their limited dollars through speculation (read: gambling). ebay coins have a high attractant value for these speculators and sellers are going to take advantage of this. All we ourselves can do as sellers is maintain our own high ethical standards and not lower ourselves to these less-than-honest levels of which we are seeing more and more.
Rest in Peace
Mike's Avatar
United States
2884 Posts
 Posted 05/07/2005  8:52 pm  Show Profile   Bookmark this reply Add Mike to your friends list Get a Link to this Reply
Hello Everyone!
Happy Mothers day to all the Moms, Mom's to be, and Grandmothers out there, we love you all!....Remember that almost all "Estate Sales" are "seeded" particularly if there are no high profile genuine articles for sale. Sadly, antiques and our hobby are both rampant with fraud and deception. Any personal "Sale" can be called an "Estate Auction". As most of you know, again, the wording creates the "illusion" that these coins and collectibles have been "hidden" away from the market and that is supposed to increase your odds of finding that one in a million "deal" . I call it the "Antiques Roadshow Syndrome"!Mike
Edited by Mike
05/07/2005 9:25 pm
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