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 Replies: 31 / Views: 3,331 |
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Valued Member
United States
81 Posts |
Over the last few years Ive noticed the high amount of coins being listed via many online selling platforms that are listed as "Rare" "Rare Error", and so on which are nothing more than damaged coins, and the seller has no research or facts behind their claims. These listings have gotten worse since ebay has done away with the "Per Listing Fee", and now the listings are flooded with new sellers that feel they are numismatics experts after watching 3 YouTube videos, and feel they are soon going to be making a fortune from every damaged (Error) coin they come across. I completely understand, it is the buyers responsibility to do their research before making a purchase, but some of these sellers are purposely listing coins with the intention of making a quick buck from lesser informed people. Many times I have "Reported" ebay listings that were created with the intention of making a quick buck with their ridiculous claims of their ""Extremely Rare Error" coin, only to see no response from reporting the listing. Does anyone have any suggestions of how to get these very obvious misleading and nearly fraudulent listings/sellers taken care of before they swindle another buyer? Below are some screenshots of a seller that has 2 bids over $800 on a very obvious misleading listing for a very obvious damaged coin. And most all of the other coins this seller has listed as "Rare Error" are nothing more than Road Rash and other damaged coins with extremely high BIN values. Can someone please help to get this seller stopped? https://www.ebay.com/itm/1959-D-Lin...384653000603      |
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Moderator
 United States
56855 Posts |
Well,Bobby can help with ebay listings. John1  |
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Valued Member
United States
465 Posts |
I ignore them. They sometimes make for some amusement but there is not much that can be done. You're playing a game of whack a mole with no end in sight. It will drive you mad.
Also focusing on them will reduce the enjoyment you get from the hobby.
Most of these will fade off because they don't get the attention they thought they should have.
That's my 2 cents.
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Pillar of the Community
Canada
3733 Posts |
it's funny the seller is actually a member on here. he has a 1991 apostrophe cent listed for over 1,000$ He has it in one of the forums...He had the opportunity to learn from some of the best. guess that didn't work out so well.
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Valued Member
United States
233 Posts |
First thing I noticed, it's spelled "no one" not "noone"
Second, IT HAS TWO BIDS!
Third, "You have an opportunity to have it graded" because if we sent it in they would laugh at us and say it's a regular cent.
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Bedrock of the Community
United States
17884 Posts |
The only thing that bothers me is the mis-description as an error. Asking an inflated price doesn't bother me. A person can ask anything he wants for something to sell. I aso don't feel too sory for a bidiot who is willing to pay an inflated price for something he knows nothing about. He should learn about what he is buying before he buys it. If he isn't willing to, oh well.
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Pillar of the Community
United States
7273 Posts |
You can't protect every one, if someone wants to buy this let them, it's not my money.
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Bedrock of the Community
United States
19126 Posts |
For real laughs, check out Etsy 'error' coins for sale. All said, it's the marketplace in action--the good and the bad. |
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Bedrock of the Community
United States
20753 Posts |
Way to many like this to worry about it all.
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Valued Member
 United States
81 Posts |
Quote:Well,Bobby can help with ebay listings. I've been told many times about "Bobby" being able to help with ebay listings....but how do I contact him? I'm a newer user and cannot send Direct Messages. |
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Forum Dad
United States
24150 Posts |
I got all his listings removed, he relisted some, working on those now.
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Bedrock of the Community
United Kingdom
17901 Posts |
Thanks Bobby!  Something I don't understand is that surely these sellers realise that the only people likely to pay hundreds or thousands of dollars / pounds on a coin are serious collectors, who are also the people likely to know a coin's true value. I can't imagine any non-collector suddenly buying a coin on ebay for $800, unless it was something like a gold sovereign for a special gift, in which case I am sure they would do their research in advance and find out what a fair price should be. |
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Valued Member
United States
81 Posts |
Quote:
I got all his listings removed, he relisted some, working on those now. Thank you. You are correct, the seller is continuing to relist the same coins and stamps, and has added a little to the description lashing out, blaming others for his listings being removed, and that he/she will continue to relist after being removed. The seller has shown that these listings are nothing more than scams looking to make a quick buck. Especially after asking for opinions of a possible "error coin" here in this forum, and received replies that the coins are PMD or Plating Debris and not errors....later listing the same coins as "Extremely Rare Error" "One of a Kind Error" and so on. I would assume that ebay would get fed up with the defiance of the same items being relisted over and over after being removed. |
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Valued Member
United States
81 Posts |
Quote:Something I don't understand is that surely these sellers realise that the only people likely to pay hundreds or thousands of dollars / pounds on a coin are serious collectors, who are also the people likely to know a coin's true value. I can't imagine any non-collector suddenly buying a coin on ebay for $800, unless it was something like a gold sovereign for a special gift, in which case I am sure they would do their research in advance and find out what a fair price should be. For years my grandparents would give me coins as a gifts a couple time a year. Unfortunately, many times my grandparents would give me what they were believing to be as "Rare" or "One of a Kind Error" that they had spent a good amount of money on. I never had the heart to tell them that roadrash coins are not errors, and dark colored clad coins are likely environmental exposure damaged. With the help of a cousin, we were able to track down some of the sellers and got refunds for these coins that were very over paid and quietly returned the money to our grandparents. When I come across listings such as these, it makes me reflect on the many coins my grandparents had been scammed over..... especially a seller such as this, that has used an online forum to post photos and ask opinions about possible error coins, received replies that the coins are PMD and the seller creates listings for the same coins as "Rare Error" and so on after being told the coins are not errors at all. We can clearly see the intentions of this seller is nothing more than to scam people and make a quick buck. |
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Pillar of the Community
Russian Federation
1557 Posts |
You're missing the most important thing. As you said, there are 2 bets on 800+$ It brings money and the market will exist as long as it brings at least some money. There will be demand and there will be supply. We should hope that the market decides.
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Forum Dad
United States
24150 Posts |
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You are correct, the seller is continuing to relist the same coins and stamps, This is common. One of two things will happen. 1. He will finally give up. 2. ebay will give up and ban him. I'm on him though. As far as stamps, I have no power. Anything in the coin category I can handle pretty quickly. |
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Replies: 31 / Views: 3,331 |
Posted 01/06/2022 10:39 am
