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Does Anybody Look Before Leaping On Ebay?

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Author Previous TopicReplies: 13 / Views: 1,583Next Topic  
Pillar of the Community

861 Posts
 Posted 02/14/2013  04:01 am Show Profile   Bookmark this topic Add g048406 to your friends list Get a Link to this Message Number of Subscribers
I was looking at and thinking about bidding on the following 1871-cc $10 Liberty:
http://www.ebay.com/itm/1871-CC-Eag...121064427379

Than I looked at his 80% feedback:
http://feedback.ebay.com/ws/eBayISA...backAsSeller

Are you kidding me! 25 sales 5 negatives and 2 neutrals and he has never sold a coin in his life.....a fool and his money.
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westcoin's Avatar
United States
9792 Posts
 Posted 02/14/2013  05:10 am  Show Profile   Bookmark this reply Add westcoin to your friends list Get a Link to this Reply
Good call, it is in a slab however, that is a lot of money and there are bound to be better ones from well known trusted coin dealers out there, keep looking you'll know when you find the right one. I pull the trigger all the time without really checking stuff out, but never for more than $20.00 on ebay, anything more deserves a closer look.
"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
Valued Member
peterplanchet's Avatar
United States
98 Posts
 Posted 02/14/2013  11:48 pm  Show Profile   Bookmark this reply Add peterplanchet to your friends list Get a Link to this Reply
If you purchase on ebay (and also if you pay with a credit card) you should have some protection if you receive no item.
In this case, since it is a graded coin, we should trust that the coin itself is legitimate.
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buddy16cat's Avatar
United States
1536 Posts
 Posted 02/15/2013  05:48 am  Show Profile   Bookmark this reply Add buddy16cat to your friends list Get a Link to this Reply
Yes, if you pay with a credit card, you will be doubly protected. You will have ebay Buyer Protection and credit card protection. I think that these protections definitely help the buyer and the seller. People are willing to give people a second chance to make things right.
Bedrock of the Community
sel_69l's Avatar
Australia
21788 Posts
 Posted 02/15/2013  06:29 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Nice coin, provided that the certification can be proven.
I can't comment on value for money if genuine, because I don't collect at this level of investment.

You can't check the coin 'in hand', unless you break the slab.
Edited by sel_69l
02/15/2013 06:30 am
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upstate's Avatar
United States
3283 Posts
 Posted 02/16/2013  07:48 am  Show Profile   Bookmark this reply Add upstate to your friends list Get a Link to this Reply
I always look at the seller before buying on ebay, feedback etc.
Then I look at all the other coins they have for sale to see if any are misrepresented.
worn coins call uncirculated, cleaned coins called BU, stuff like that, if so- good bye.
Not to be confused with good buy
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GoldenChest's Avatar
United States
814 Posts
 Posted 02/16/2013  09:50 am  Show Profile   Bookmark this reply Add GoldenChest to your friends list Get a Link to this Reply
It sold for $5,463.65. Is that a fair price for that coin? Not a gold collector......yet. Probally going to be awhile at those prices. Lol

When I buy on ebay, I generally have the same opinion as westcoins, I generally dont check feedback on smaller purchases.
Valued Member
judd1552's Avatar
United States
156 Posts
 Posted 02/17/2013  10:00 am  Show Profile   Bookmark this reply Add judd1552 to your friends list Get a Link to this Reply
The seller has some major TPG certified Ancients for sale presently, which makes it more believable that they are now an outlet for coin collectors. On a listing for a coin of the value that the OP questioned, I would have been in contact by telephone to the seller to afford myself a better profile of them and the origin of the coin. Appearances can be deceiving both ways, positive and negative. At the very least, I would strongly suggest an escrow transaction to the seller as an added layer of protection, offering to split the escrow fee.
Edited by judd1552
02/17/2013 11:28 am
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 02/17/2013  3:32 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:

It sold for $5,463.65. Is that a fair price for that coin? Not a gold collector......yet. Probally going to be awhile at those prices. Lol


That's a tough coin, and I don't think the price was out of line. Were the surfaces original, it would have gone for over $10k.

But with that feedback, I'd have never touched it.
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icollectyoubuy's Avatar
United States
213 Posts
 Posted 02/17/2013  3:49 pm  Show Profile   Bookmark this reply Add icollectyoubuy to your friends list Get a Link to this Reply
There is a huge flaw in the ebay feedback system that I think everyone should know about. Sellers can't leave buyers bad feedback. I had someone purchase an item, and because I'd be busy I went ahead and shipped it. He never paid and all I could do was open a case with ebay, which did nothing.
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thestew's Avatar
United States
202 Posts
 Posted 02/26/2013  2:54 pm  Show Profile   Bookmark this reply Add thestew to your friends list Get a Link to this Reply
ebay allows sellers to respond to feedback though, don't they?
Valued Member
United States
82 Posts
 Posted 02/26/2013  3:23 pm  Show Profile   Bookmark this reply Add Amcarmar to your friends list Get a Link to this Reply
I do a fair amount of business on ebay but I am very cautious. I think people tend to over pay too. I try to go slow, a good thing about this hobby is there is no rush or deadline and you can put it down and walk away for a little while, sometimes the wise thing to do. I have had some buyers remorse and said why did I buy this?
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stringboogie's Avatar
United States
169 Posts
 Posted 02/26/2013  5:49 pm  Show Profile   Bookmark this reply Add stringboogie to your friends list Get a Link to this Reply
if there's any question at all I do a little feedback research
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Tbone's Avatar
United States
1839 Posts
 Posted 02/27/2013  11:37 pm  Show Profile   Bookmark this reply Add Tbone to your friends list Get a Link to this Reply
I'll admit my post is kind of to show off a new coin I just bought but it's relevant to this thread. I'd heard some bad things about the seller eternitycoin here and a couple of other places. Then sure enough I came across a coin that I really liked on ebay but it was from that seller. I started checking as many ways I could to make sure it wasn't a scam and in the end felt comfortable bidding. The main things that made me feel safe to bid where that it was in a PCGS slab rather than one of the "other" TPGs they frequently sell. The other was that the coin was one of the ones featured in PCGS coinfacts so I had the picture to rely on. Frequently that's not the case but my point is that even so called scammers likely mix in the real thing to keep from being too obvious and getting booted from ebay.

Anyway, here's the coin I bought. I received it today and it's a beauty.

http://www.ebay.com/itm/20089954561....m1439.l2649

http://www.pcgs.com/Cert/14720522/

http://img35.imageshack.us/img35/92...27203230.jpg
Edited by Tbone
02/27/2013 11:37 pm
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