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Disturbing Bidding Up On Morgans

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Pillar of the Community
tkbslc's Avatar
United States
1158 Posts
 Posted 08/11/2014  11:34 am  Show Profile   Bookmark this reply Add tkbslc to your friends list Get a Link to this Reply
This happens with lower value coins all the time too. My first coin I bought on ebay (just a few months ago) came in a coin flip with "GEM BU" written on it. It was a fantastic probably MS-64 WLH. Assuming this was the norm, I bid and won a Franklin half labelled "GEM GEM BU++" and "Key Date" on the 2x2. It turned out to be a XF coin at best that may have been cleaned. Looking at the sellers other auctions, I saw EVERY coin they listed, said "GEM BU++" and "KEY DATE". Fortunately that was only a $10 mistake to teach me to look CLOSELY at the coin. But I'm sure a lot of rookies have to get taken advantage of a time or two before they realize ebay is full of people with no conscience. Fortunately there are a lot of good dealers on ebay, too, but you have to be careful.
Valued Member
emat12001's Avatar
United States
70 Posts
 Posted 08/11/2014  4:18 pm  Show Profile   Bookmark this reply Add emat12001 to your friends list Get a Link to this Reply
Allot of ebay sellers have people that bid-up their product, shill bidders.
Pillar of the Community
968 Posts
 Posted 08/11/2014  4:26 pm  Show Profile   Bookmark this reply Add chasingtailbar to your friends list Get a Link to this Reply
As an ebay seller who prides himself on honesty in listing and selling practices, it irritates me to no end that shilling is quasi-allowed, and that you can write whatever you want for grades on raw material. I am always tempted to just join the pack and start ripping people off, but my moral compass prevents me from doing so. I won't stoop that low for money.
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Bababooey's Avatar
United States
374 Posts
 Posted 08/12/2014  12:43 am  Show Profile   Bookmark this reply Add Bababooey to your friends list Get a Link to this Reply
I think some of the bigger ebay sellers are going towards where they don't state a grade unless the coin is certified. Probably because it reduces negative feedbacks
Edited by Bababooey
08/12/2014 12:54 am
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