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Valued Member
Homer1's Avatar
138 Posts
 Posted 01/12/2008  6:33 pm  Show Profile   Bookmark this reply Add Homer1 to your friends list Get a Link to this Reply
I tend to be sceptical towards the gray sheet and stay away from that trap. But I do view it to see what the crooks are up to. It will take more than a worm to catch me. Actually this statement belongs to the "grey sheet topic"
Edited by Homer1
01/12/2008 6:40 pm
Pillar of the Community
mahgobbi's Avatar
United States
549 Posts
 Posted 01/12/2008  10:57 pm  Show Profile   Bookmark this reply Add mahgobbi to your friends list Get a Link to this Reply
I have to disagree with the first post and agree with the subsequent posts regarding feedback. Don't immediately assume a seller is bad simply because he has a lower feedback rating than you would like. Look for quality...not just a number. And the reverse can also be true...bad sellers could have good ratings. Here's a little more information than you probably want, but I'll offer it anyway...

ALWAYS read the feedback narratives and don't just look at the number. Why?

(1) "Good seller, bad feedback percentage" - Lots of things can happen. The seller might have left negative feedback on a non-paying bidder. In most instances, the deadbeat will return the negative feedback, just for retaliation. Or perhaps the mail carrier lost/damaged the package. It wouldn't be your fault, but the customers will normally leave bad feedback anyway. Maybe the buyer orders the wrong item or just doesn't like it...most buyers seem to expect you'll accept a full return (even if the listing says sales are final), pay for s/h both ways, etc. When you don't give them what they want, they leave negative. And here's the worst case scenario, but sadly it isn't uncommon. Some buyers feel that retaliatory feedback isn't enough, so they REALLY make things bad on the seller...they create numerous fake ebay profiles and use them to overbid on and win listings. Then they leave negative feedback on every listing and the seller is also stuck paying all the listing and FV fees. The fees can be refunded and the item can be relisted for a listing fee credit, but the process to get to that point takes about 2 weeks. So please READ a seller's feedback...it might be clear that he/she is a good seller with some unfortunate experiences.

(2) "Bad seller, good feedback" - Lots of sellers are significantly worse than what is reflected in their feedback rating. Always be sure to check the number of feedbacks withdrawn by mutual agreement. What happens is a buyer gets upset with a poor seller and leaves negative feedback. The seller then leaves retaliatory feedback, knowing that the buyer will be very upset to have a tarnished reputation. The seller then sends the buyer a "mutual agreement to withdraw feedback" offer and, in most cases, the buyer will accept it simply to restore his/her own favorable feedback rating. The narratives will always remain in the seller's feedback profile, so if you see a lot of withdrawn feedback, always check out the original comments.

Sorry that was so long. I'm a full-time eBayer (my only source of income) and I've seen and experienced it all. I've been burned by the fake accounts bidding on my items scam twice. Once was about 2 years ago and once just recently. It's clear this is what happens, but ebay will not take action. The worst part about it is ebay now "restricts" accounts with excessive poor feedback within a 30 day period. They restricted my account in November (right before Christmas season) based on the feedback from this scammer with fake accounts. I finally just gave up on fighting it and gave up my account (which I'd been using since 1998 and completed in excess of 40,000 transactions with). I took over my sister's account which had just 20 feeback and I'm basically back to square one as a seller. I've built up to 140 feedback this month, but already have one negative. The customer didn't like something. I offered her a refund, even though my listing said sales were final. She told me that she didn't want the refund because the rest of the items were too great of a deal, so she just left bad feedback instead.
Edited by mahgobbi
01/12/2008 11:00 pm
Pillar of the Community
okie-colin's Avatar
United States
1083 Posts
 Posted 01/12/2008  11:30 pm  Show Profile   Bookmark this reply Add okie-colin to your friends list Get a Link to this Reply
For any ebay purchases of more expensive coins I always pay with Paypal using my credit card. If the seller fails to deliver and disputes that information, or fails to honor his return policy, I can always have the charges reversed. I have never had to do that however, as I only buy from sellers with ratings at or above 98.6% positive. Bargains can be had if you are knowledgeable. I won an AU 1838 liberty Seated half dime, small stars variety, because the seller didn't know what he had and no one was seriously bidding - $62 for a coin that is easily worth gray sheet $350. Good luck!
Valued Member
blcoinnut's Avatar
United States
189 Posts
 Posted 01/13/2008  06:44 am  Show Profile   Bookmark this reply Add blcoinnut to your friends list Get a Link to this Reply
Don't get cought up in a bidding frenzy.
In the end you will not get the coin you want
and you will pay too much for it.
Pillar of the Community
j_h_s's Avatar
United States
1934 Posts
 Posted 01/13/2008  07:22 am  Show Profile   Bookmark this reply Add j_h_s to your friends list Get a Link to this Reply
1899 said, "...new sellers may have a 96% and still be good because someone left bad feedback not desrved---look into the detail!"

Exactly..the detail describes the positive and negative comments.
Pillar of the Community
m9frank's Avatar
United States
628 Posts
 Posted 01/13/2008  12:06 pm  Show Profile   Bookmark this reply Add m9frank to your friends list Get a Link to this Reply
There are many good alternatives to ebay online.

Smythe online has good deals on mostly high-end coins (google it)

Have to looked at APMEX? They sell raw and slabbed. (www.apmex.com)

A great source for Morgans is pccoin (www.pccoin.com)

Lots of others. Too many to name here.

I search google images and find online dealers I've never heard of. If you are paying with credit card you have a lot of built-in protection.

My Two Cents and apologies to any ebay dealers here.
Bedrock of the Community
United States
20753 Posts
 Posted 01/14/2008  09:04 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
As usual I try to explain things like ebay feedback stuff. I just don't basically like ebay but it is the way of the future. The feedback system is really dumb. My son and others I know just have many others send in feedbacks on supposedly made sales. If you can get a lot of people sending in such bogus feedbacks your ratings are fantastic regardless of any bad ones from real people. My son set me up with an ebay and paypal account so that I could just pretend to buy stuff from hom and send in fantastic feedbacks. I don't but many others do the same. If your a seller and worry about feedbacks, do the same.
As usual I stress coin shows. I really feel sorry for those that have no access to them. There is nothing like seeing the actual coin, no postage/handling,insurances added to the price of the coin.
Many have no admittance fees or parking fees. Naturally there is the advantage of meeting people and you just can't do that on ebay.
Valued Member
United States
136 Posts
 Posted 01/14/2008  12:30 pm  Show Profile   Bookmark this reply Add dahoov2 to your friends list Get a Link to this Reply
Well, I am pretty good at ebay and am foremost an autograph collector; so I have another persepective on this too which might help. Here's a few more things to add to your list to look for.

1) Read full descriptions. A lot of times sellers leave out stuff and you "THINK" something is not a replica etc by the wording, but they are oftentimes very slick with wording. So DOUBLE CHECK and ask the question
2) if they don't answer within 24 hours I'd suggest not buying from them because if something bad happens, the odds of future communication will be worse
3) check all feedback and read all the negative comments; anything hinting at fakes, not getting items etc stay clear from unless it's a real aborration
4) check the seller's past ebay ID's and read the feedback on those if available.
5) if a photo is blurry, and tney can't mail you a clear one, don't buy it

Just a few more tips. I noticed while searching ebay and just perusing the coins, a LOT of the sellers do misleading things by posting several coins in a photo when they are actually selling just one coin (the others are "examples" of the other coins they sell etc or some of the bulk sales show 500 coins in the lots but you are actually bidding on 5 "random" coins from that lot of 500 or stuff like that. BE VERY careful.
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