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Replies: 26 / Views: 4,692 |
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Valued Member
Canada
457 Posts |
I have a few coins for sale on ebay and I had an offer made on one for $700.00 The price is what I was looking for but the buyer only has a feedback of 18 He has been on ebay since April 2008 He has never bought a coin before. I have a friend that lives in the same town as him and asked him if he would meet my fried at a local coin shop to make the sale and he is refusing. What do you think, should run from this deal!
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Valued Member
United States
161 Posts |
I worry more about a sellers feedback than a buyers. I am usually not concerned about buyers feedback when I sell coins on the Bay. As long as they pay right away I am content. If he doesn't pay then you can just re-list.
Why are you asking him to meet you at a coin shop? If I were asked to do this as a buyer I would refuse as well as it is very out of the norm and would make me question the motives of the seller. I see where you are coming from but non paying bidders are just par for the course on the Bay.
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Bedrock of the Community
United States
20753 Posts |
As to run with this. Yes but run away. For that amount of cash, I'd be rather concerned. If a person will not meet in public, something is wrong.
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Pillar of the Community
Australia
3831 Posts |
Wait, you need to see this from a different point of view.
If I am a buyer and I am going to pay a fair amount of money, I would be more cautious of possible setup. I would be thinking that you might have a few "friends" to mug me and run away with the goods.
My question is why can't you ship it? As long as he pays and you hold up your end (and ensure shipping is insured, registered, etc), what is the problem?
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Pillar of the Community
 United States
1949 Posts |
If I was a buyer I would not do that... You should have no issue shipping whatsoever if you follow eBay/paypal requirements
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Pillar of the Community
Canada
2632 Posts |
No need to run if your happy with the offer accept it and see if he pays, if not move on. IMO
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Rest in Peace
United States
7075 Posts |
Ship the coin or choose a better place for the exchange.
At a coin shop I would assume that I was the only one there unarmed.
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Forum Dad
 United States
24150 Posts |
Quote: If a person will not meet in public, something is wrong. If a seller on ebay told me I had to drop what I'm doing and meet someone to buy a coin I'd tell them to get lost so fast his head would spin. I would NEVER do it. My time is too valuable.
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Forum Dad
 United States
24150 Posts |
Quote: The price is what I was looking for but the buyer only has a feedback of 18 Where did ebay let you start? 
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Pillar of the Community
United States
1911 Posts |
Like it has been said, as a buyer I would be wary of meeting someone with that kind of money on me. Also a feedback of 18 is better than a feedback of 0. Also in my experience ebay has been pretty good to me in terms of protection and getting my money/stuff back. Up to you in the end, but I think it would be ok.
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Pillar of the Community
 United States
4589 Posts |
He figures YOU are running a scam, trying to go around ebay's protections and leaving him without recourse. By rights he should have reported YOU to ebay who may now be looking through your history for similar cases of a high value listing cancelled after messages between buyer and seller. Every email I receive through ebay clearly says do not do this and to report it.
-----Burton 50+ year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club Owned by three cats and a wife of 40+ years (joined 1983) Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/
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Valued Member
United States
185 Posts |
As a buyer low feedback shouldn't be to much of a problem. I have sold to a lot of people with feedback under 10 with no problems at all. I've had more problems with people who have feedbacks between 100 - 200 for some reason (not saying all are like that). I would sell to him & apologize for for the mistrust. My Two Cents worth.
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Pillar of the Community
1325 Posts |
Quote:If a seller on ebay told me I had to drop what I'm doing and meet someone to buy a Quote: as a buyer I would be wary of meeting someone with that kind of money on me ebay sells cars, washing machine, refrigerators and various other things that cannot be shipped and the buyer is often required to pick it up. This just requires the same kind of mentality. Ask for a Post Office Money Order (They are good up to $700). I would be weary of the buyer if they want to buy a coin for $700 and don't want to meet at a local coin shop. They should know the local coin shops in their area. I am really unsure what the problem is other than the feedback, whether the coin could get stolen from the mail a so many seem to have been. The postal Money order means you get your money. they cannot cancel payment or chargeback it or whatever. when you get the money, you just send the coin. ebay has really gotten weird in the years since I stopped using it and frankly I trust neither buyer nor seller on it, thus why I stopped using it, but it is because ebay itself that I don't trust it, not any buyer or seller. They might have cleaned up their act long ago but "once bitten, twice shy". Just explain your concerns and that they aren't personal, just that you are a nervous buyer trying to make both you and your seller safe and happy about the purchase.
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Valued Member
United States
397 Posts |
I don't see what the big deal is. Unless the buyer has a feedback of history of leaving negatives to sellers I would sell the coin no problem. And as a buyer, I certainly could understand refusing a meetup with a friend of the seller. That is a main point of ebay, you don't have to meet up with anyone; just pay and get the coin shipped to your house.
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Valued Member
Canada
158 Posts |
I'm with the buyer on this one. If I won a coin, regardless of the value, and all of a sudden terms of the agreement have been changed, I'd walk away from it. Sell it to him. As long as he pays and you ship as per eBay/paypal policies you will be covered. Feedback doesn't matter. When I started, my feedback was zero. I was at 18 feedback at one point. Now I'm almost 800. Everyone starts at the bottom. Oddly enough, the buyers that have tried to scam me in the past had high feedbacks. They have the experience to know how to abuse the system, they've had time to work at it and perfect it. For a $700 coin I would expect you will be shipping it registered and requiring a signature for your own protection as much as the buyers, so you have nothing to worry about. If you are paranoid about it do like I have done in the past and still do when I buy high value items. Film the packaging and labelling. It's saved my butt in the past. Video evidence doesn't lie :)
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Pillar of the Community
United States
2589 Posts |
With paypal seller protection, there is little to worry about so long as you follow their rules. I always ship expensive coins with signature tracking, that way I'm covered if someone tries to reverse the payment and steal the coin. Twice in the past two years I have had individuals purchase gold coins from me that ended up being front accounts set up using stolen credit cards. Both times I was protected by ebay / paypal seller protection.
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Replies: 26 / Views: 4,692 |