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Ebay Now Offers Authenticity With Guarantee, Good Or Bad?

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norantyki's Avatar
404 Posts
 Posted 09/10/2020  01:58 am  Show Profile   Bookmark this reply Add norantyki to your friends list Get a Link to this Reply
@swamperbob wholeheartedly agree - ebay is the the swap meet / garage sale of the internet - that is what makes is at once great and tricky. You have to live off of your wits, but alas, snowflakes and greedy idiots are the ones they pander to these days. They will never be an Amazon, and why should they be? They just have to figure that out.
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ryurazu's Avatar
Australia
1333 Posts
 Posted 09/10/2020  05:14 am  Show Profile   Bookmark this reply Add ryurazu to your friends list Get a Link to this Reply
ROFL

hmm smart cookies, well I guess they think they are SART. So what happens when there are hundreds of people try to submit that they have receive fake 100K watches?
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oriole's Avatar
Canada
5246 Posts
 Posted 09/10/2020  06:55 am  Show Profile   Bookmark this reply Add oriole to your friends list Get a Link to this Reply

Quote:
You acknowledge and agree that if the third party authenticator detects fraud or suspects that an item is counterfeit, the item will be confiscated and not recirculated in the marketplace


I would have some serious concerns about the legal aspects of this statement-which appears on the surface to be a waiver of some sort.

I would not send product I thought was genuine to an unknown third party who can decide whether to keep it or not.
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swamperbob's Avatar
United States
5362 Posts
 Posted 09/10/2020  9:11 pm  Show Profile   Bookmark this reply Add swamperbob to your friends list Get a Link to this Reply
ryurazu

Watches and coins are totally different issues.

With watches there are actual interested parties like the makers who want to stop counterfeit sales because it cuts into their business. They hold a copyright. They are protecting their business. If they are going to be the experts doing the authentication - there is no problem they are experts. Let them confiscate all the fakes - FINE.

However that situation is far different from old non-monetary coins from countries that no longer exist. In that case, there is no one with the legal standing to confiscate anything. There is no one competent to complain about the sale of a counterfeit unless the counterfeit is monetary and is intended for use in circulation.

Now FRAUD - that is a Crime.

That is the only thing ebay and/or the coin community should be at all interested in when it comes to coins. Fraud as it relates to coins is a numismatic deception that causes one party to overpay for a coin.

Coins that are over graded, damaged or altered are of course fraudulent. ebay used to care but not now.

According to the ANA the most serious problem is the influx of cheaply made Numismatic Forgeries coming from China and Eastern Europe.

The problem arises when you realize that in International parlance what is Fraud in the US may actually be legal in a place like China, France or Spain. In these cases there is no crime involved in making copies of old coins from other jurisdictions like the US.

This legal problem makes the only option to limit shipment to the US from places where laws are different. This was done with France. But China and Spain both threatened to sue ebay if that solution was applied to them. Hence the "Let the seller beware policy" instituted by ebay legal in 2013.

I wonder what changed between 2013 and now? Did China stop making knock-off watches?

I would hope that ebay chooses which items to authenticate very carefully.
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