2007 Washington Dollar Upside Down

I see these things all over craigslist also

Unfortunately, I didn't see this yesterday because the sale ended 5 minutes after I reported the seller to ebay.

I don't see the problem here. No where does he say it's an error. It's not listed in errors.




You can't possibly be serious. The guy started a BU $1 coin at 99¢ with no lies and the bidders bid it to $2.69. Big whoop. Let's lock the seller up and boycott ebay for allowing this idiocy.

Oh, http://cgi.ebay.com/MINT-2007-GEORG...-A_W0QQitemZ170398617312QQcmdZViewItemQQptZCoins_US_Individual?hash=item27ac8c8ee0

I don't believe there's any ebay rule that states that a seller cannot accept an amount of money in excess of the value of an item. Neither does he have to provide educational information for the bidders to read. ebay would go out of business if such a rule were in effect, and on the national front, so would HSN. And it would spread! Political candidates would have to tell the truth!

I don't mean to belittle anyone who posted in this thread, but the problem is with stupid ... I'm sorry, IGNORANT ... people who bid on anything based on deceptive copy instead of accurate representations. Stupid isn't illegal, and as P. T. Barnum said ...

I'll sell you my PR-70 Silver DAV Comm, price is $600.00 firm.

scubu, you completely misread my post; I was agreeing with your comment. My point is that we don't need more rules; we need more people who can read. Educating young people to read and comprehend was my job for 34 years, and since I obviously failed in my post to get you to understand my point, which was the same as yours, I think it's time for me to go to the river now.

..

I totally agree.. and after all isn't this the point of an auction? To get people to bid as high as possible? I know people like to refer to the Red Book, or the blue book, or the whatever book for coin values, and that's fine. But these "official values" should be used as a reference point for auctions, not a set in stone price... If your of the opinion that people should only sell their items for what they are worth, than whats the point of even having auctions? because in the end something is worth whatever people are willing to pay for it..

That being said I also agree with those who say that buyers should be educated and know what they are bidding on because there are alot of con artists out there looking to prey in the uneducated.

However with this particular auction I do not believe the seller has done anything wrong. He did not list the coin as rare, an error or anything like that.. all he did was point out an obvious detail about that particular coin.

On a side note, while I have the floor.. When referring to legitimate auctions...To all the people who complain about these types of situations where someone has overpaid on an auction and are of the opinion that the seller has taken advantage of the buyer... what is the reasoning behind your complaint.. morals? Like its morally wrong for someone to have to pay more than what something is worth? Well let me ask you this.. how many times have you bid on an auction and won and paid LESS than what the auction item is worth? You may feel like you got a good deal right? But did you at any point feel morally obligated to offer full value to the seller even after the end of the auction? Because in a way didn't you just cheat out the seller of some $$? Its funny how morality and honesty is a one way street for some....