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Have Blow Torch ... Got Coin?

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Member

United States
703 Posts
 Posted 06/30/2007  01:37 am Show Profile   Bookmark this topic Add Errorcoins to your friends list Get a Link to this Message Number of Subscribers
It is my opinion that this is Wrong and fraudulent to sell these coins as ERRORS....

http://cgi.ebay.com/1986-LINCOLN-ME...OR_W0QQitemZ330139876190QQihZ014QQcategoryZ524QQssPageNameZWDVWQQrdZ1QQcmdZViewItem

http://cgi.ebay.com/2004-LINCOLN-ME...OR_W0QQitemZ330139872159QQihZ014QQcategoryZ524QQssPageNameZWDVWQQrdZ1QQcmdZViewItem

http://cgi.ebay.com/2000-LINCOLN-ME...-K_W0QQitemZ330139874037QQihZ014QQcategoryZ524QQssPageNameZWDVWQQrdZ1QQcmdZViewItem

and makes this auction suspect:

http://cgi.ebay.com/RARE-SINTERED-B...LL_W0QQitemZ330139869065QQihZ014QQcategoryZ524QQssPageNameZWDVWQQrdZ1QQcmdZViewItem


errrororororor


Edited by Errorcoins
06/30/2007 01:38 am
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GO's Avatar
United States
6563 Posts
 Posted 06/30/2007  01:41 am  Show Profile   Check GO's eBay Listings Bookmark this reply Add GO to your friends list Get a Link to this Reply
I'm both upset and intrigued. He must have polished the heck out of them after he melted em. I'd pay a buck for it strictly for the uniqueness but can't believe one is going for $26.

Dang it why am I such an honest person? I could be getting paid to destroy stuff!
Member
United States
703 Posts
 Posted 06/30/2007  01:45 am  Show Profile   Bookmark this reply Add Errorcoins to your friends list Get a Link to this Reply
Ya the cents are quite odd.. I collect a type set of error type cents and this has never come up, so I looked at his other auctions and he has two more with diff dates. lol. what a "rare: coincidence, NOT!

And then I saw the "sintered" roll (and the price of it) and the low feedback and the someone who buys the roll is gunna be upset.

errrror
Edited by Errorcoins
06/30/2007 01:46 am
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GO's Avatar
United States
6563 Posts
 Posted 06/30/2007  01:49 am  Show Profile   Check GO's eBay Listings Bookmark this reply Add GO to your friends list Get a Link to this Reply
Now THIS makes me sick that he made this much money off of someone.

http://cgi.ebay.com/ws/eBayISAPI.dl...330133365110
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valutarick's Avatar
Netherlands
376 Posts
 Posted 06/30/2007  07:34 am  Show Profile   Bookmark this reply Add valutarick to your friends list Get a Link to this Reply
This is the reason I do not or ever will buy something of E-Bay, there are other sites...
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Spider5689's Avatar
United States
2269 Posts
 Posted 06/30/2007  07:54 am  Show Profile   Bookmark this reply Add Spider5689 to your friends list Get a Link to this Reply
He is a crook. It was definately done with a blow torch then polished. Someone like this should be thrown off ebay
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tights24's Avatar
United States
2254 Posts
 Posted 06/30/2007  09:04 am  Show Profile   Bookmark this reply Add tights24 to your friends list Get a Link to this Reply
I just sent him this:


Are you aware of this? Sure would be a bummer if someone took one of your "errors" to the proper authoirities huh? The fine has increased since 1994 also. I think it's now discretionary to the courts. Have a great time selling....

United States Code
TITLE 18
PART I
CHAPTER 17
§ 331. Mutilation, diminution, and falsification of coins
"Whoever fraudulently alters, defaces, mutilates, impairs, diminishes,
falsifies, scales, or lightens any of the coins coined at the mints of
the United States, or any foreign coins which are by law made current
or are in actual use or circulation as money within the United States;
or whoever fraudulently possesses, passes, utters, publishes, or
sells, or attempts to pass, utter, publish, or sell, or brings into
the United States, any such coin, knowing the same to be altered,
defaced, mutilated, impaired, diminished, falsified, scaled, or
lightened— Shall be fined under this title or imprisoned not more than
five years, or both."

Member
United States
703 Posts
 Posted 06/30/2007  10:20 am  Show Profile   Bookmark this reply Add Errorcoins to your friends list Get a Link to this Reply
valutarick, ebay is not the problem, the seller is.

That's Why ebay has feedback. This guys score was very low imo. ebay did not fail here.

I buy everthing from ebay, you just have to know what you are buying and whom (feedback) you aare buying from.


errrror
Pillar of the Community
United States
2600 Posts
 Posted 06/30/2007  11:15 am  Show Profile   Bookmark this reply Add Jim1953 to your friends list Get a Link to this Reply
Not that I agree with what is being done, but out of curiosity, what is the difference between this and me taking a cent and flattening it out in one of these elongated cent machines?
Jim
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NumisMattyUk's Avatar
United Kingdom
2217 Posts
 Posted 06/30/2007  11:34 am  Show Profile   Bookmark this reply Add NumisMattyUk to your friends list Get a Link to this Reply
It's not just opinion, you are blatantly right!

If I were to go and put coins on the railway tracks and have them flattened and sell them as 'errors' it would be just as bad.
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GO's Avatar
United States
6563 Posts
 Posted 06/30/2007  11:38 am  Show Profile   Check GO's eBay Listings Bookmark this reply Add GO to your friends list Get a Link to this Reply
Very true

However If I got a penny pincher cent and sold it on ebay as "Rare government flattened cent L@@K"

That is were the line is drawn IMO. He is purposely deceiving people into thinking they are getting something which makes it worse.
Member
United States
703 Posts
 Posted 06/30/2007  11:46 am  Show Profile   Bookmark this reply Add Errorcoins to your friends list Get a Link to this Reply
A U S Mint Error Coin is just that, an "error" coin.

To list a coin as an error if you are doing it fraudulently, is fraud.

Say you found the coin in change and sold it on ebay not knowing what it is and said it was an "error" then, probably no fraud, just misrepresentation.

But this gut has more than one, and more than one "sintered" Washington dollar so he didn't find it in change, He did it himself, FRAUD, imo.

errror
Valued Member
neuron's Avatar
United States
254 Posts
 Posted 06/30/2007  12:00 pm  Show Profile   Bookmark this reply Add neuron to your friends list Get a Link to this Reply
He has also sold a lot of toned modern quarters and dollars- look at this one:

http://cgi.ebay.com/ws/eBayISAPI.dl...330114799406

$75 for an intentionally toned 2007 dollar!!!
Member
United States
703 Posts
 Posted 06/30/2007  12:21 pm  Show Profile   Bookmark this reply Add Errorcoins to your friends list Get a Link to this Reply
neuyon, I see NO Fraud in the rainbow toned dollar coin. He does not claim it to be an error.

He claims it to be rainbow toned, which it is. He started the auction for a buck. The bidders drove this one up , it is the bidder fault on this one for not being educated as to what this coin is.


errror
Valued Member
United States
459 Posts
 Posted 06/30/2007  12:25 pm  Show Profile   Bookmark this reply Add Benji to your friends list Get a Link to this Reply
I think rather than debating what is or is NOT fraud, it would be much more constructive to explain how these "error coins" can be identified and how they are manufactured. Same can be said with toning, counterfeits, and other marketing tactics. These sellers have little fear in regards to the legal ramifications(basically none). Searching for and weeding out these sellers is not in the best interest of ebay. Their only legal obligations are fiduciary towards their share holders. This kind of "fraud" rarely ever registers on local, state, or federal radars. While working on contract with the a USPS forensic lab, I can confirm that only sellers clearing 7 figures are pursued. Those who were defrauded usually see no restitution b/c the accused are pursued for tax evasion rather than fraud.
Edited by Benji
06/30/2007 12:26 pm
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tights24's Avatar
United States
2254 Posts
 Posted 06/30/2007  12:59 pm  Show Profile   Bookmark this reply Add tights24 to your friends list Get a Link to this Reply
quote:
I can confirm that only sellers clearing 7 figures are pursued. Those who were defrauded usually see no restitution b/c the accused are pursued for tax evasion rather than fraud.


I agree with you there Benji, but with what this person is making on cents, he could be at 7 figures in no time.

As for fraud, if you read the United States Code that I posted, you will see that this person is violating the law. How many people have actually gone to jail for it, I cannot say, nor do I want to venture a guess or start an ongoing debate. I just posted to show the folks here and to potentially post the reply I receive. Which should be more interesting if I do receive one.

Jim, I do agree with your question/thought, however, you are also not attempting to turn around and sell as an error per say. I guess in all reality in reading the section, putting a coin on train tracks is against the law, but I doubt it would be taken that literally......JMO
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