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Rare 1921-CC Morgan Dollar On The Bay!

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New Member
United States
2 Posts
 Posted 06/29/2016  12:17 pm  Show Profile   Bookmark this reply Add Workhard36 to your friends list Get a Link to this Reply
Whoever bid on the coin it had a reserve so you can bet 10 times on a item if the reserve is not met it won't sell.. and the person was tying to when the piece and you have to bid on a item intil the reserve is met and one's its met it's yours.
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MontCollector's Avatar
United States
2403 Posts
 Posted 06/29/2016  2:45 pm  Show Profile   Bookmark this reply Add MontCollector to your friends list Get a Link to this Reply
The fact that the seller let it sell for $200 tells me that he knows it is a fake and just scammed someone.

If Seller was confident it was real(unless he/she is an idiot) the reverse would've been MASSIVE!
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Coinfrog's Avatar
United States
94367 Posts
 Posted 06/29/2016  4:55 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
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dave700x's Avatar
United States
10625 Posts
 Posted 06/29/2016  5:13 pm  Show Profile   Bookmark this reply Add dave700x to your friends list Get a Link to this Reply

Quote:
Something odd about the bidding on that piece. When the eventual winning bidder placed his first bid of $127.50 at 20:42:29 he became the high bidder. No one else bid against him after that point, but he placed 5 more bids over the next nine minutes. That should have increased his hidden max bid, but should not have increased the current high bid. Since no one else bid against him he should have won the auction at $127.50 not $200.


Could it have possibly been a reserve set at $200?
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TypeCoin971793's Avatar
United States
6370 Posts
 Posted 06/29/2016  5:20 pm  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list Get a Link to this Reply


I was thinking the same thing.
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MontCollector's Avatar
United States
2403 Posts
 Posted 06/29/2016  6:38 pm  Show Profile   Bookmark this reply Add MontCollector to your friends list Get a Link to this Reply
When you look at the bids. On the top of screen it says who won and price. in same area it also says "Reserve Met" so yes I believe the reserve was set at $200 and this is the reason for the odd bidding pattern.
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jgfindring's Avatar
United States
1380 Posts
 Posted 06/29/2016  10:11 pm  Show Profile   Bookmark this reply Add jgfindring to your friends list Get a Link to this Reply
Myself, I am willing to bet (only a small amount though) that whomever won it for $200 knew it was a fake and has no intention of paying for it, and if hit with a nonpaying buyer claim will explain that it is a fake and get out of it, thus aggravating the seller and in theory making them remove it, but this seller is so convinced it is real that I'm sure they will just relist it.
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Cascade's Avatar
United States
7390 Posts
 Posted 06/30/2016  12:45 am  Show Profile   Bookmark this reply Add Cascade to your friends list Get a Link to this Reply
Yup, it was a reserve and the bidders high bid was at or over $200 so he won the coin
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United States
1450 Posts
 Posted 06/30/2016  09:12 am  Show Profile   Bookmark this reply Add terry8835 to your friends list Get a Link to this Reply
If the seller said that he was selling a fake 1922 Morgan CC that would be OK, but to pretend it is real is fraud and ebay should screen this stuff. I don't think they screen anything. You could attempt to sell an anti-gravity device on ebay and claim you got it from aliens and it would go up for bid, and somebody would bid on it. I used to sell stuff I found at yard sales on ebay. I was not making any money as in profit, but when I hung it up I got emails asking why I was not selling anymore. Really funny since I had to explain to people that their were costs to buying and selling on ebay, especially the cost of S&H for an individual that had to hump things down to USPS and mail them off. They thought shipping cost should only be postage. This is not possible for a lone individual who must wrap, pack and mail larger items. Even sending coins cost money for S&H, but I hate paying those costs as well.
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bobby131313's Avatar
United States
24170 Posts
 Posted 06/30/2016  09:50 am  Show Profile   Bookmark this reply Add bobby131313 to your friends list Get a Link to this Reply

Quote:
If the seller said that he was selling a fake 1922 Morgan CC that would be OK


Nope, not ok.
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Bnmakr1's Avatar
United States
70 Posts
 Posted 06/30/2016  09:57 am  Show Profile   Bookmark this reply Add Bnmakr1 to your friends list Get a Link to this Reply
http://www.ebay.com/itm/1921-Mistak...3?nav=SEARCH

I guess his shill bidder didn't pay.
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ChildOfTheWheat's Avatar
United States
5828 Posts
 Posted 06/30/2016  10:01 am  Show Profile   Bookmark this reply Add ChildOfTheWheat to your friends list Get a Link to this Reply
Reported the new listing
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JJuliano's Avatar
United States
705 Posts
 Posted 06/30/2016  10:05 am  Show Profile   Bookmark this reply Add JJuliano to your friends list Get a Link to this Reply
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bobby131313's Avatar
United States
24170 Posts
 Posted 06/30/2016  10:20 am  Show Profile   Bookmark this reply Add bobby131313 to your friends list Get a Link to this Reply
Oi... I'll take care of it.
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CalzoneManiac's Avatar
United States
2233 Posts
 Posted 06/30/2016  10:27 am  Show Profile   Bookmark this reply Add CalzoneManiac to your friends list Get a Link to this Reply
CC - Chinese Counterfeit
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