Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Vancouvers #1 Coin and Paper Money Dealer Join Thousands of Coin, Bullion, & Money Collectors Specializing in Modern Numismatics Royal Estate Auctions - $1 Coin Auctions300,000 items to help build your collection! Coin, Banknote and Medal Collectors's Online Mall Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes.








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

A Silly Question About Ebay Auctions

To participate in the forum you must log in or register.
Author Previous TopicReplies: 5 / Views: 1,645Next Topic  
Pillar of the Community

United States
2724 Posts
 Posted 02/21/2005  10:49 am Show Profile   Bookmark this topic Add national dealer to your friends list Get a Link to this Message Number of Subscribers
This may very well seem silly to some, but why would any seller keep the bidders or auction numbers private? Now this seems to me that it makes for easy "fake" or "shill" bidding. I have just spent about an hour ebay looking through a few sellers that tend to keep their auctions private, and it seems as if they are selling to the same people over and over. Then after a short period of time these "buyers" are never heard from again.

So what are the legitimate reasons for "private" auctions or info?
Forum Mom
Learn More...
Susanlynn9's Avatar
United States
5877 Posts
 Posted 02/21/2005  11:07 am  Show Profile   Bookmark this reply Add Susanlynn9 to your friends list Get a Link to this Reply
There actually is a legitimate reason for private auctions that does not involve scamming. There are certain products that have a very cut-throat competition - DVD's and CD's fall into this category. Sellers have had problems with other sellers contacting the bidders in these auctions while the auction is still live and offering the same items at significantly lower prices. However, I believe that, in the overall scheme of things, this feature is used more for scamming than for the reason stated above.

I still do not feel that private auctions/feedback should be permitted. It does not benefit the buyer in any way. It makes no sense to me to offer this option to a seller to avoid having other sellers breach ebay policy. The policy is in place and should be enforced. The privacy feature only hides the pertinent information that buyers need to bid confidently.

As far as any coin auctions being private - the only reason that I can come up with for using the privacy features is to hide a scam. I haven't seen any private coin auctions that I think would be worth bidding on. Also, if you look, you don't see sellers with 100% positive private feedback.

In my opinion, private auctions/feedback should be avoided like the plague when it comes to buying coins.
Pillar of the Community
United States
2724 Posts
 Posted 02/21/2005  11:27 am  Show Profile   Bookmark this reply Add national dealer to your friends list Get a Link to this Reply
If the need for "private" info is too keep the prices up, how is this good? If a seller is receiving high prices for a particular item, and the someone comes along offering at a substantial discount, I would worry about that discounted item. Is it real? Did it fall off the truck?
It still seems to me that ebay and the other online auction houses cater to the "bargain" hunter. Someone looking for something for nothing. I guess that I just don't get why sellers bother to participate. I hear the same old stories over and over. Sellers claim to get better prices. Buyers claim to get better prices.

Some sellers claim to have an equal playing field with traditional dealers. Yet over and over again, it seems that the majority of people utilizing the service are here today and gone tomorrow mentality. They sell bad products, charge outrageous prices, plain rip-off people, and yet millions still flock to the sites.
The parent companies use the term "providing a site" to protect themselves against having to stand up and do what is right. Instead of choosing to leave such sites, most simply try to avoid the bad sellers. They throw terms around like "Buyer beware". Now if this sign hung at the door of Walmart, how many customers would still enter and shop? Are we at the point that we must put up with the bad to get a deal? In an earlier thread, it was asked what is a deal? Too often it is equated with the price paid. This is exactly how online services take advantage of people. They are offering "good" deals regardless of whom suffers. There are a handful of books on how to take advantage of ebay and their ranking system, yet people still rely on the ranking. They look and see a 98% positive feedback and think this must be a good person. Even when they realize that they are taken advantage of, these same people will not stand up. They do not wish the retaliation of a power seller.

Now do not get me wrong. I have met several good and honest sellers on ebay, and will even recommend them to others if they choose to participate on this service. However, the advice that I give to people when asked is, DO NOT SHOP ebay. They are just short of TV in my opinion. Your odds of getting ripped off are better than not.

Forum Mom
Learn More...
Susanlynn9's Avatar
United States
5877 Posts
 Posted 02/21/2005  11:55 am  Show Profile   Bookmark this reply Add Susanlynn9 to your friends list Get a Link to this Reply
I hate to say this, but I agree with you, ND. ebay can be a very dangerous place. Although I realize and appreciate that I am not included as a seller in that warning, there seem to be precious few honest sellers on ebay, especially when it comes to coins/currency.

Although I provided a "reason" for private auctions/feedback, that does not mean that I endorse the practice. I personally think it's scheming and deceptive and feel that this privacy option should not be available to anyone on ebay. Lying, in my opinion, can be defined two different ways: purposefully telling a variation of the facts that you know to be untrue or not providing all of the facts in a given situation. Private feedback/auctions are examples of the latter. Both have the potential to be equally harmful and both are equally wrong in my book.
Pillar of the Community
United States
2724 Posts
 Posted 02/21/2005  12:06 pm  Show Profile   Bookmark this reply Add national dealer to your friends list Get a Link to this Reply
quote:
Originally posted by Susanlynn9

Although I provided a "reason" for private auctions/feedback, that does not mean that I endorse the practice. I personally think it's scheming and deceptive and feel that this privacy option should not be available to anyone on ebay. Lying, in my opinion, can be defined two different ways: purposefully telling a variation of the facts that you know to be untrue or not providing all of the facts in a given situation. Private feedback/auctions are examples of the latter. Both have the potential to be equally harmful and both are equally wrong in my book.


For all the others reading this thread
It is this reason why I personally recommend Susanlynn9 to anyone considering ebay.
Forum Mom
Learn More...
Susanlynn9's Avatar
United States
5877 Posts
 Posted 02/21/2005  7:02 pm  Show Profile   Bookmark this reply Add Susanlynn9 to your friends list Get a Link to this Reply
Aw shucks....
  Previous TopicReplies: 5 / Views: 1,645Next Topic  

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.24 seconds to rattle this change. Forums