ebay has gone downhill for YEARS. Started with taking NO checks or Money-Orders(Buyer Protection..or...forced allocation into Paypal? Duh on that one)..Then, stopped having the BUYER buy Insurance. Selling a big ticket item, and, it burns up in a rear-ender....guess who's fault it is..The SELLER! Big Duh#2. Huge Duh #3..Sellers no longer allowed to leave negatives. It's a "Buy on Approval" now system...Period.(I just sold a 1913-S $5 Indian Head RAW(I had a BAD feeling about this)...2 days ago, a message "I've returned the coin..let me know when it arrives"...Guess it wouldn't grade the way HE wanted it(buyer="teletradecoins", with 100% positive feedback(of course!), and, 1856 of them!..
Let's see, what else...FEE's on shipping rates, always sweet to have more profits taken away, and, now, loss of top-rated seller status, cause many buyers had problems PAYING via Paypal, and, cancelled their orders in frustration.
So...tag me as when it's time to unload my investment coins I have had secure slabbed via PCGS,
ebay won't get a dime.
3 years ago, selling a friends' sterling flatware, I was hit by a PRO..he said my order was 2 ounces underweight, and, wanted a partial refund. I stood my ground, did some research, and, discovered he had done the same thing to 7 other sellers, and, destroyed them all, including sending back some flatware BENT, in retribution. I left the word NEGATIVE in the feedback back, and, 1 day, awoke to a "account suspended" icon...after numerous calls to
ebay, all to no avail, they banned me for LIFE....yep. True story. 9 years of good sales, 100% feedback rating, over 12,000 feedbacks(25,000 actual), less than 1/10th of 1% return rate, all gone in a micro-second. Buyers BEHAVED back then, otherwise, THEY would get a negative feedback, and, that kept them in line, for the most part.
The scammer got cash, free flatware, and is still active under a new name. I am MORE than open to hear of any sites that sell coins where the playing field is level, if anybody has any ideas, shoot them my way.
I decided last year to invest in slabbing ALL my raw gold, and, more expensive coins with PCGS Secure labels, so, when I go to sell, I won't be hit by people sending back fake coins, and, getting refunds. It's pretty hard to crack open a slab, and not make some kind of damage, so, I am hopeful this investment will be secure. Probably take everything to a coin show, once spot price gets where I would want it, but, that may be 3-5 years, depending on what happens on a lot of different platforms. Heck, it might be easier to just take to a local coin shop and dump...IF spot is so high(gold over 3k/Oz, Silver above 75/Oz--Hey..I can dream, can't I?)...the lower price I would get would be close to what I would get selling on
ebay, after the 14% loss from them, and Paypal fees, and, NO returns or hassles....walk in--sell--go to dinner at fine steakhouse!
I AM curious if anybody has sold via Great Collections, and, how they felt about the entire transaction and final results..good--bad--nuetral?
Cheers
Calvin