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1880- CC Uncirculated (But What Happened?)

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Slider23's Avatar
United States
4469 Posts
 Posted 04/03/2021  7:33 pm  Show Profile   Bookmark this reply Add Slider23 to your friends list Get a Link to this Reply
A couple thing on insurance when buying and selling on ebay. The Seller is responsible for the coin until it is delivered in or at the mailbox. Insurance mostly protects the seller. Tracking helps the seller prove the coin was delivered. Once the coin is delivered with tracking ebay will back the seller if the buyer claims it was not received. Without tracking the buyer can claim the coin was not delivered, and the seller is on the hook for the coin.

The best way a buyer can protect themselves is with signature conformation, but post COVID the postal carriers sign for the package, so there is some exposure for the buyer.

Collecting on insurance claims can be extremely difficult if you are trying to get the money out of the Post Office.
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thq's Avatar
United States
3343 Posts
 Posted 04/03/2021  9:56 pm  Show Profile   Bookmark this reply Add thq to your friends list Get a Link to this Reply
Slider, ebay told me to file a police report on my undelivered-but-tracked coin. Once I submitted that the seller refunded my money.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
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NumisEd's Avatar
United States
5191 Posts
 Posted 04/03/2021  10:08 pm  Show Profile   Bookmark this reply Add NumisEd to your friends list Get a Link to this Reply

Quote:
Paid $500


For that amount of money I would insist on getting a graded (slabbed) coin.
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Coinfrog's Avatar
United States
94367 Posts
 Posted 04/03/2021  10:15 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Are you going to return this coin?
Valued Member
United States
115 Posts
 Posted 04/04/2021  07:20 am  Show Profile   Bookmark this reply Add SuperPoacher74 to your friends list Get a Link to this Reply
Coinfrog, yes!
I have already put in for the refund & ebay said that return shipping is free & sent me the return shipping label already.
I'm sending it back Monday...My biggest gripe is the deception... I have no problem spending $500 on a raw coin if its exactly as described.
I've purchased raw coins sent them in for grading and they've come back much better than I had expected.. It's just when people do stuff like this, it makes me realize how terrible our society is becoming..
We should be able to make a gentlemans deal, Without fear of getting screwed all the time...

My biggest beef
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Winesteven's Avatar
United States
697 Posts
 Posted 04/04/2021  5:31 pm  Show Profile   Bookmark this reply Add Winesteven to your friends list Get a Link to this Reply

Quote:
For that amount of money I would insist on getting a graded (slabbed) coin.


I fully agree with @NumisEd. Spending $500 on a coin in my BIASED opinion should be for a slabbed coin for several reasons:
1. Much smaller chance of getting a coin that has been improperly cleaned.
2. Much smaller chance of getting a counterfeit coin.
3. When the time comes to sell, whether by you or by your heirs, much better chance of receiving fair value. With a coin graded by a reputable TPG, it's more difficult for the buyer to claim the coin was improperly cleaned or is a much lower grade, compared to selling a raw coin. To sell, just send it to GC for only a 10% hit plus $5.
4. The holder provides some environmental protection, and also allows you to handle it without causing damage (admittedly, not the same pleasure as handling a coin that's not in a holder).
A day without fine wine and working on your coin collection is like a day without sunshine!

My collecting "Pride & Joy" is my PCGS Registry Dansco 7070 Set:
https://www.PCGS.com/setregistry/ty...edset/213996
Edited by Winesteven
04/04/2021 5:33 pm
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Ballyhoo's Avatar
United States
1613 Posts
 Posted 04/05/2021  9:21 pm  Show Profile   Bookmark this reply Add Ballyhoo to your friends list Get a Link to this Reply
Personally, I've bought from the guy on several occasions and had no issues. However, I've passed on many more. As a guy that prefers circulated raw coins, other that key/semi-key and known to be counterfeited, I'd like to think I'm somewhat educated through research as to what I'm looking at. Which seems to have worked fine over the years. As for the Morgan in question, I would have passed since it's un-certified. But that's me.
ANA member - PAN Member - BCCS Member
There are no problems only solutions - the late, great John Lennon
Edited by Ballyhoo
04/05/2021 9:24 pm
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