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 Replies: 22 / Views: 4,746 |
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Pillar of the Community
United States
1215 Posts |
I recently bid on this item 232102753335 on ebay and bid the winning bid of $114 for this problematic 1914D Penny. Shortly after, and before I was even able to pay, the seller informed me of the following: Quote:
This is Austin, the seller of the 1914-D Cent. I cancelled this order because of impending circumstances of loss of value. Basically, the final value of $114 was not the amount I was willing to let this cent go for. I invested double on this cent so I cannot sell it at this time unless if it is at least $300 because it is in AU grade, not G or F so am just being practical. I cannot lose when I did invest and expect more in return. Hope you understand.
Obviously, I am quite incensed by his unwillingness to follow up on his sale. Thus, right after I received this notice, I paid for this coin (the payment link was still active despite the order being cancelled). I pointed to the fact that he should've used a reserve and besides, this practice is against ebay terms. It turns out that this seller has had three more occasions in which he did not follow up on winning auctions. At this point, I continued along to work with this seller. However, he brought attention to something else. This penny, whose depictions are not clear by the seller, apparently has a D over S mint mark, according to the description by the seller. Not to play sour grapes here, but knowing that this coin is so often counterfitted, and most counterfeits tend to be high detail coins, this coin in question is very well consistent with a counterfeit. In this case, I will obviously not buy the coin, but will still have to reprimand this seller. What complicates this matter more is that since his PayPal account is unverified, my money that I paid to him is actually processing and will be "in limbo" for at least a week. Thus, he is not physically able to refund me the money for this time, and also has yet another excuse to not send me the coin, even though I have obviously paid. Thus, I ask your advice on: 1) What's your opinion as to the authenticity of this coin given the very blurry pictures? (I will update this post should I receive new pictures, but is there a way to enhance/merge together multiple pictures to get a higher quality one? Or maybe there is an obvious die marker that will testify to the coin's authenticity or lack thereof) 2) How would I proceed with this to either get my coin for close to the winning bid or get my money back and levy as much penalty to this dishonest seller as possible? Perhaps a path to get his account closed? *** Moved by Staff to a more appropriate forum. *** |
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Pillar of the Community
Canada
3733 Posts |
while sellers can and do sometimes cancel transactions, not getting enough money is not one of the allowed reasons, especially when he openly disclosed that to you. I would report him to ebay, with that being said I do not believe ebay can make him send you the coin, even though he cancelled for the wrong reason..once you get your money back, leave a negative feedback saying dishonest seller.. |
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Moderator
 United States
54280 Posts |
1) Genuine or fake. 2) Mint mark D over S. 3) You paid when the seller said they would not send the coin. 4) What to do now. 1)  This is a damaged coin with a poor photo. Since we only have the photos that the seller provides, then opinions as to the authenticity can only be made based on those photos. The seller has no one to blame but themselves if a coin is deemed counterfeit based on the photos they put in a listing. This photo shows a coin with a mint mark not in any of the known genuine positions. This mint mark "leans" to the left more than any known genuine mint mark for this date. This mint mark is larger than known genuine mint marks for this date. My opinion based on this photo - not genuine. I often wonder if key dates with damage like this one were damaged by someone in the past upon discovering the coin was a fake. 2) Seller states "There is a possible S underneath the D to possibly establish an error variety that is unknown!" With the photos provided in the listing, this claim has to be completely disregarded. Technically, this is an ebay policy violation because you can not state what might or possibly be included. It either is or is not a D/S. My opinion - it is NOT. 3) The seller said they weren't sending you the coin for the bid you made. You paid anyway. ebay will NOT force the seller to send you the coin, but they do have a mechanism for getting your money back. But you will have to go through the process and wait the necessary time. My opinion - you should have just let it go. The seller gets a defect for canceling a sale. This could negatively affect their selling ability. 4) See #3. Show your financial support of the Coin Community Family (click here)See my topic on Mexican Numismatic Medals (click here) |
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Pillar of the Community
 United States
5666 Posts |
The pictures are terrible, but I don't believe it's authentic. If the payment shows as pending in PayPal due to his unverified account, you might be able to cancel the payment from your PayPal account. That would be the safest approach.
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Moderator
United States
54280 Posts |
Quote:
leave a negative feedback saying dishonest seller.. If you are able to leave feedback make a clear, factual, and concise statement. Put a statement that will be useful to others reading it. Examples - NOT TO USE (too vague): - Buyers BEWARE! - Dishonest seller. - Tells lies! Be careful to word it in accordance with ebay policy, or the seller can get it removed. Examples - NOT TO USE (seller can get removed): - Had to get ebay to investigate to get my money back. Possible suggestion (similar to a comment already received by this seller): - Seller said auction ending price was too low, so they canceled and didn't send it. Show your financial support of the Coin Community Family (click here)See my topic on Mexican Numismatic Medals (click here) |
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Pillar of the Community
United States
757 Posts |
I think you dodged a bullet. That coin based on the provided pictures is not a genuine 1914D in my opinion. Just let paypal get you the money back and leave an honest feedback about the seller not going through with the sale. I know many people don't like TPG's, but when it comes to key date coins you better know what you are buying or have good quality photos (if buying online) before you buy any raw key date coin. There are many, many fakes out there and sometimes they even fool long time dealers. The TPG at least gives you a sense of authenticity. |
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Bedrock of the Community
United States
19942 Posts |
Seller openly violated ebay's selling terms. The dummy should have just said he lost the coin and he wouldn't be in trouble with ebay.....perhaps unless he relisted it. The pictures are beyond horrible, I can't see anything. The coin is obviously damaged and worth <$100 IMO. There are a TON of fakes out there, Chinese website openly sell them by the hundreds. Personally, there's no way I'd bid on a coin with pictures that bad of a key date coin. I don't care how good of deal it may seem like, in the end it's probably going to be nothing but a headache. Lincoln Cent Lover!VERDI-CARE™ INVENTOR https://verdi.care/
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Bedrock of the Community
United States
94367 Posts |
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Pillar of the Community
United States
3278 Posts |
You're lucky he is cancelling the deal. You would have eventually regretted buying a damaged coin if by some miracle it is original. I've never heard of a D over S variety for this coin; has anyone here? A lot of red flags.
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Bedrock of the Community
United States
94367 Posts |
 Picture quality alone says "pass". |
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Bedrock of the Community
United States
12057 Posts |
I wouldn't have spent $1.14 on it, much less $114, based on seller's feedback and pictures alone, and that's without doing any research at all.
Member ANA - EAC - TNA - SSDC - CCT #890 "Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis |
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Pillar of the Community
United States
2200 Posts |
I think the divots are from when the soldering iron slipped.
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Pillar of the Community
United States
6370 Posts |
A 1914 D/S cent doesn't exist.
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Pillar of the Community
United States
2910 Posts |
Not to change the topic, but why would anyone bid on a coin with such horrible pictures of it in the first place -especially a key date coin such as a 1914-D?
CRH Nickeloholic. 1,600,000 nickels searched in eight years! Have found FOUR complete Jefferson sets!
Edited by John77
10/17/2016 12:56 am
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Pillar of the Community
United States
624 Posts |
Key Date on ebay with bad photos is a huge red flag for me. Also, with that damage how can he claim it AU+? Doesn't that negate the high grading? I don't think I would have paid anyways but I would have been upset had it been the real deal, and I agree that you should follow up with ebay, and give him a strike if possible. |
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Pillar of the Community
United States
5205 Posts |
If the seller was peddling a fake he would jump at your $114 bid vs his 2 cent investment.
Since he renigged definitely leave negative feedback.
When paying for a questionable transaction specially when you think you have the upper hand pay through Paypal with a credit card. That way you have 2 courses of action to dispute the transaction.
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Replies: 22 / Views: 4,746 |
Posted 10/12/2016 07:49 am
