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Ebay Sale: Guess What Happened Here?

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Rest in Peace
johnny54321's Avatar
United States
4849 Posts
 Posted 09/03/2009  02:04 am Show Profile   Bookmark this topic Add johnny54321 to your friends list Get a Link to this Message Number of Subscribers
http://cgi.ebay.com/ws/eBayISAPI.dl...TRK:MEWNX:IT

This was a buy it now from a reputable type coin dealer(Jerry typecoin) on ebay that I committed to a few days ago.

What is interesting about this sale?
What really happened?
What was the end result?

have at it...
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GO's Avatar
United States
6563 Posts
 Posted 09/03/2009  02:14 am  Show Profile   Check GO's eBay Listings Bookmark this reply Add GO to your friends list Get a Link to this Reply
I don't get it
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copper nickel daddy's Avatar
United States
2224 Posts
 Posted 09/03/2009  02:19 am  Show Profile   Bookmark this reply Add copper nickel daddy to your friends list Get a Link to this Reply
For one thing, I would be thrilled to buy certified AU Bust Half Dollars for $55 all day long!
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RFB's Avatar
United States
532 Posts
 Posted 09/03/2009  02:34 am  Show Profile   Bookmark this reply Add RFB to your friends list Get a Link to this Reply
I am curious to hear about this. I will keep my yap closed until I hear more however I already have my suspicions.
Rest in Peace
johnny54321's Avatar
United States
4849 Posts
 Posted 09/03/2009  02:41 am  Show Profile   Bookmark this reply Add johnny54321 to your friends list Get a Link to this Reply

Quote:
For one thing, I would be thrilled to buy certified AU Bust Half Dollars for $55 all day long!


that's exactly what I was thinking! especially when it's one of only several coins I need to upgrade in my type set. too good to be true?


Quote:
I am curious to hear about this. I will keep my yap closed until I hear more however I already have my suspicions.


feel free to yap away. there is no foul play. I'm just curious to see how people would react to this listing and how they think it would have played out on the sellers end.
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GO's Avatar
United States
6563 Posts
 Posted 09/03/2009  02:43 am  Show Profile   Check GO's eBay Listings Bookmark this reply Add GO to your friends list Get a Link to this Reply
After checking Completed Listings this is marked as Sold w/Best Offer. I see nothing wrong with this auction and ebay didn't pull if because we can still see it. The only thing I can think of is either a mistake on the sellers part for accidentally accepting a Low offer or a possible shill/feedback booster scam


Quote:
Please Note: All coins listed are subject to prior sale. We attend many coin shows during the year, and there is always a chance that the coin you have ordered may have been sold. Although we try to update the store listings as soon as possible, there may be a slight delay while I return and remove the listings for the coins sold at the show.
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garylcsr's Avatar
United States
1952 Posts
 Posted 09/03/2009  03:01 am  Show Profile   Bookmark this reply Add garylcsr to your friends list Get a Link to this Reply
I would take a guess that you will not receive this coin. or the slab and coin is fake. I know absolutely nothing about the older dollars so the fake part could be wrong. but $55.00 for a $400.00 coin sounds like the screw is in there somewhere.
good luck with it though
how cool would that be? to get the coin as all is above the table
Edited by garylcsr
09/03/2009 03:08 am
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Moe145's Avatar
United States
8904 Posts
 Posted 09/03/2009  08:17 am  Show Profile   Bookmark this reply Add Moe145 to your friends list Get a Link to this Reply
It looks like the seller cancelled the auction before it finished. (It ought to read "This auction has ended", however. Maybe we captured the page before it was fully processed by ebay?))
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mrwisker's Avatar
United States
581 Posts
 Posted 09/03/2009  08:21 am  Show Profile   Bookmark this reply Add mrwisker to your friends list Get a Link to this Reply
I'll take a guess at this one.
From what I see, it could unfold one of two ways

#1 Given the auction terms of prior sales, this particular coin, coincidentally sold at one of the many shows they attend. Therefore, you will not be getting this coin.
I don't know about this scenario though. If this would be a common place activity for this seller, He would have more negative feedback. Some sellers are obsessed with feedback (I find it a flawed system)

#2 While reading further down in the auction, the seller asks if this coin upgrades your collection, and makes the offer to purchase the unwanted hole filler from your collection.
You then sent in a picture of your replaced hole filler. They (the seller) bought your coin for just as much, if not more than what you paid for the better coin purchased in this auction.
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wwhitman's Avatar
United States
1415 Posts
 Posted 09/03/2009  08:21 am  Show Profile   Bookmark this reply Add wwhitman to your friends list Get a Link to this Reply
Well Johnny - what happened?


Quote:

Please Note: All coins listed are subject to prior sale. We attend many coin shows during the year, and there is always a chance that the coin you have ordered may have been sold. Although we try to update the store listings as soon as possible, there may be a slight delay while I return and remove the listings for the coins sold at the show.


Does this enter the picture?
Inquiring minds want to know!
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trdhrdr007's Avatar
United States
2335 Posts
 Posted 09/03/2009  08:48 am  Show Profile   Bookmark this reply Add trdhrdr007 to your friends list Get a Link to this Reply
I'll throw in my 2 cents worth......they meant to post the coin at $550 but left off a 0, & you were the first one to notice & jump on it. Inquiring minds want to now how it ended.
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Jaobler's Avatar
United States
6381 Posts
 Posted 09/03/2009  10:20 am  Show Profile   Bookmark this reply Add Jaobler to your friends list Get a Link to this Reply
Gotta be a pricing error by the dealer and he won't sell the coin for that price. For what it's worth, the coin looks genuine (it is a perfect match for my ICG-certified 1837) and the PCGS certificate number is correct.
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TreasHunt's Avatar
United States
2540 Posts
 Posted 09/03/2009  10:30 am  Show Profile   Bookmark this reply Add TreasHunt to your friends list Get a Link to this Reply
It is a pricing error, and you notified them.

Well, did they respond?

Rest in Peace
johnny54321's Avatar
United States
4849 Posts
 Posted 09/03/2009  11:41 am  Show Profile   Bookmark this reply Add johnny54321 to your friends list Get a Link to this Reply
trdhrdr007 got it right!
The coin was in Typecoin's stash for a Buy it Now at $55. Jerry is a reputable and knowlegable dealer, so I didn't expect any funny business. I figured that something was up, but I decided to go ahead and with the 'Buy it Now'; but not initially pay for it. I figured he either a) was being really nice and offering a great deal(not very likely) or b) he made a listing error(much more likely).

I wanted to give him a chance to respond if it were a listing error. I did not want to hold him to the contract if it was in fact a listing error, and the fact that I committed to it would get it off of ebay in case someone purchased it that WOULD try to hold him to it.

The next day I received an email from him explaining basically tbat the item was listed for $600, and he just lowered it to $550; BUT he left out the last 0! OOOOOOOOOPPS! As a result he would cancel the sale, but he offered to give me 5% off and free shipping for anything in his shop to make it up. So, I went along and agreed to cancel the sale. -sigh-. I figured if I were to try to hold him to it, it would turn out in a long drawn out nasty mess. I couldn't do that in good conscience to a listing error anyways, and I know that would have been a decent hit on his income. I'm all about good deals on ebay, but not for a listing error of that magnitude. Now if it went that cheap in an actual auction; it would be another story and I would be fighting tooth and nail.
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jbuck's Avatar
United States
187702 Posts
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mycrob's Avatar
United States
2602 Posts
 Posted 09/03/2009  1:58 pm  Show Profile   Bookmark this reply Add mycrob to your friends list Get a Link to this Reply
Very interesting story!
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