plonker The last seller claims to be located in Texas but his English wording says differently.
jdmern You ask a good question.
The current
ebay policy is a legal one that will not be revised until considerable outside pressure is brought to bear. Remember the effort just terminated was in place with the support of both
ebay and the
ANA for over 7 years and the problem of fraud was not eliminated.
Asking
ebay to police listings is likely the wrong way to go. The volunteer method that was employed was only partially effective because there simply are not enough people will to work for nothing to do this job right. All auctions would have to be screened and approved before they are allowed to be posted. The costs of this effort by paid staff could be very steep and the buyer ends up paying for it in the long run.
Petitioning
ebay to make it easier to warn buyers that a coin might be a fake is likely an easier route. Sellers might not like it but comments by certain approved expert commentators would be worth a try. Most people simply do not know they are buying fakes until it is too late.
The TPGs are one solution if they can do a better job of eliminating fakes. I know they are trying but even in their case profit and the need to produce more at less cost is a driving force.
In the long run, I think that some new collectors will be turned off to the hobby others will learn how to authenticate for themselves. The second alternative is by far the better way to go.
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Posted 11/30/2014 9:51 pm
