Peter Wallace Junk Coin

Thats the question we've all been asking. ebay wont do anything about this scumbag. Its not worth wasting your time even reporting it.

Well I reported him, Should I hold my breath to see what action is taken? Or am I a for thinking that maybe they are concerned about their brand.

The more people buy what is sold, the more $$$$ is made by ebay.

It is ludicrous. I remember reading a report that there are about 68 billion dollars of stuff on ebay in the year of 2011 or 2012. Guess who makes the 10% off all of that?

Hi All,
HE'S STILL AT IT.
I was just ripped off on ebay by Peter Wallace.
Back on 24th December I noticed a 1931 Penny in VF+ (#321615399596) being offered on ebay by Wallace. It had some rim nicks and was "Buy Now" at $20.00. I offered $15.00 for it and this was immediately snapped up and I paid for it.
The interesting thing was that I was able to identify it as an Indian Die (a reasonably scarce coin but you have to be looking for it). I had magnified the image, counted the denticles and checked out the other necessary requirements and was quite happy that I had noted it.
HOWEVER apparently Wallace wondered why I had offered for the item (I have over 2000 good feedbacks) and must have had a better look at it.
I received A coin - in slightly better condition - but not the one pictured. (A "common" 1931 penny)
I complained to him and asked for the coin pictured and that I had paid for. He replied that he had over 200 1931s and intimated that how could he be expected to know which one I had bought. I pointed out that his offer specifically mentions to check the photo so that you can assure yourself of the condition of what you were getting. He then advised that the original coin had some rim nicks so he decided to send me a better coin. I told him that obviously we both knew that the coin was an Indian die but it was the coin that I paid for and the coin that I wanted. He then attacked me saying that first I said I had not received the coin then I want a refund PLUS keep the coin (which apparently I had not received) Plus an extra 1931 Indian die penny, and called ME greedy. About this time I realised that I was pushing the proverbial uphill and am putting in a complaint to ebay but, looking at the previous notes, am wondering what they will do.
He is still as dishonest as ever - watch out.
All the best,
Col

With the sheer number of different people this dealer has ripped off it is absolutely NO wonder his name keeps cropping up.
If dishonesty can be proved then "Naming and Shaming" is Not only appropriate, it should be Mandatory

Naming and shaming is a valid response to dodgy sellers. The more potential bidders that are warned off means the sellers end up with lower bids and thus punished in their pockets. Setting up dummy accounts to bid,win and then not pay is however unethical behaviour.