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Ebay Conundrum

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Bing's Avatar
United States
4253 Posts
 Posted 07/25/2011  08:59 am Show Profile   Bookmark this topic Add Bing to your friends list Get a Link to this Message Number of Subscribers
I have been burned by unscrupulous sellers in the past and I have had some very good deals, both on ebay. Now I find I am fearful of any deal made on ebay, but I look anyway hoping to find something I want at a decent price (no big auction house/dealer commissions). I'm not looking to buy anything with a price too good to be true, just a fair price. How can one know who to trust and what deals are legitimate? How do the rest of you handle this riddle?
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macmercury's Avatar
United States
5832 Posts
 Posted 07/25/2011  09:15 am  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
A few of the larger dealers advertised in Coin World are also selling on ebay, they back up what they sell and you can negotiate the price if they have best offer. They also have auctions ones in a while.

Or, put a want list here and see what other CCF members have for you to buy and trade, but you don't have 250 post yet to sell.
Edited by macmercury
07/25/2011 09:16 am
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Sidekick-CA's Avatar
United States
509 Posts
 Posted 07/25/2011  09:18 am  Show Profile   Bookmark this reply Add Sidekick-CA to your friends list Get a Link to this Reply
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Bing's Avatar
United States
4253 Posts
 Posted 07/25/2011  1:39 pm  Show Profile   Bookmark this reply Add Bing to your friends list Get a Link to this Reply
Sidekick-CA I have been to the links you provided many times, but still there are sellers who change identity or legitimate sellers selling fakes they don't know are fakes. I'm just so afraid of ebay any more that I just stay away. I know there must be honest brokers on ebay. In fact I have purchased some very nice (and genuine) coins through ebay. Now, however, I have mixed feelings about this.
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echizento's Avatar
United States
23731 Posts
 Posted 07/25/2011  5:32 pm  Show Profile   Bookmark this reply Add echizento to your friends list Get a Link to this Reply
I look for sellers that deal with only ancient coins and have a high positive back. Over the years I have bought lots of coins and so far (knock wood) I have not had a bad deal.
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Bing's Avatar
United States
4253 Posts
 Posted 07/25/2011  7:48 pm  Show Profile   Bookmark this reply Add Bing to your friends list Get a Link to this Reply
Echizento, even the worst fakers sometimes have good feedback. I know a few of the sellers from which I have received very nice genuine coins so I guess I will stick with those. I just have to slap myself when I think about a coin from a seller I don't know.
Pillar of the Community
United States
1315 Posts
 Posted 07/25/2011  9:12 pm  Show Profile   Bookmark this reply Add Doucet to your friends list Get a Link to this Reply
When buying ancient coins on on ebay or anywhere for that matter there is always a risk that a fake may slip through.
IMO you have two protections.

1 your own knowledge...if your buying a commonly faked type the risk is going to greater. Know your type and research who all is selling those types and for how much. What the fakes look like and what real coins look like how much they cost.

2. The sellers return policy.
This is important, any seller who knowingly sells a fake is not likely to want it back and return your money. But even if they're running a scam where they would take it back to make themselves look good at least your not stuck with the fake coin.

You can always copy the photo of a coin you would like to buy off the web page, post it with questions, not mentioning where it is or who owns it, and get opinions before you buy. You could also ask the seller for a better photo through email if the web photo isn't good enough to make a judgement. If they won't send a better photo find another seller.

Even after you buy, you could post a photo, get opinions and if the consensus is fake and the seller has a return policy, you could always return it. One place has a guarantee for eternity.

But also remember even when asking for opinions from experts on coin forums where they have to make a judgement from a photograph it's not 100% and nobody would claim it is. And as you've seen there are differing opinions.

Bottom line.....do all the research you can, try to find and get to know good dealers, trust your instincts.

As for for now I'm lucky in this respect.....the only ancient coin type I'm buying nobody else cares much for and it isn't faked very often because they're not worth much.
I'm waiting for one now to show up that I got from a seller with a "no-return" policy, I won it on ebay for $1.25.(It might be an error type to match one that I sent to Not in RIC).
Can't blame the seller for not wanting it back. He had a return policy on his nicer coins though.

Regards



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Bing's Avatar
United States
4253 Posts
 Posted 07/25/2011  9:47 pm  Show Profile   Bookmark this reply Add Bing to your friends list Get a Link to this Reply
If I may Doucet, what coins are you collecting that no one would fake? Perhaps I can point you in the direction of some of these. Who knows.

As for you suggestions, I try to stick with known sellers, but I get tempted when I see something I really want for my collection. I just need to get the devil behind me so to speak. Your suggestions are good and I strive to keep to the straight and narrow. Thanks
Pillar of the Community
United States
1315 Posts
 Posted 07/25/2011  10:24 pm  Show Profile   Bookmark this reply Add Doucet to your friends list Get a Link to this Reply
Ah yes! Temptation is always with me too. I've bought coins I didn't really need, duplicates of coins I already had, coins I thought looked cool but turned out to be junk...and so on. Sometimes I just don't think.

Right now I'm collecting Constantinopolis Victory on Prow coins... one from each mint and officina in VF-EF. I'm a little over half way there. But lately finding the remaining mints has slowed down considerably, just as someone here on the forum said would be likely to happen.

Anyway I enjoy the hunt. I've only seen a few fakes posted on the web and they are pretty nasty looking coins. I wouldn't even consider them if they were real.
But never say never I could have a fake and not even know it. I hope not though. If I do I'll keep it as such and find another that's real.

If you know where any of the hard to find mints and officinae are let me know.

Regards
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Bing's Avatar
United States
4253 Posts
 Posted 07/25/2011  10:48 pm  Show Profile   Bookmark this reply Add Bing to your friends list Get a Link to this Reply
I own two, but I'm afraid they are from the more available mints: Constantinople and Thessalonica. These are coins I cleaned myself so I'm pretty sure they are not fakes.

Its good to hear there are others out there with the same impulses. As the saying goes: Misery loves company.
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bobbyhelmet's Avatar
United Kingdom
2838 Posts
 Posted 07/25/2011  11:13 pm  Show Profile   Bookmark this reply Add bobbyhelmet to your friends list Get a Link to this Reply
Its a shame ebay has become like it is and people doubt authenticity - I still use it more than any other medium to find coins but its not as good as it used to be.

We could talk forever about ebay so all I'll say is I preferred it when it was a community of amateurs selling unwanted and unneeded items. Today, to me it feels that the amateurs have been forced out and all that remains are semi-professionals and full timers.

Like Doucet I collect pretty low value stuff and have had no problem with fakes though like everybody I've been burned a couple of times. Were all only learning, nobody will ever be an expert - except maybe SAP

Your collection must be impressive JW, you seem to have a lot of early high value stuff, unfortunately this is what the fakers like to produce, this is why you have had so many problems. I mainly collect 3rd and 4th century stuff so the number of fakes are massively reduced as the coins are pretty cheap.

As far as keeping yourself safe on ebay every seller needs to be looked at on their own merits - your right that some fakers have good feedback and high volumes.

Like everyone else I look at the feedback and feedback score of a seller but I'm usually more interested in looking at the other coins the person is selling, it can help you decide if the seller is pushing fakes. Read the item description carefully, often fakers dont know what they are selling and the descriptions are strange to read.

I'm not xenophobic but stear clear of Eastern Europe (anything East of Germany and Austria) and Africa. I feel sorry for genuine sellers in these counties but I've had nothing but trouble both buying from and posting to these countries.

ebay is still a good place to pick up a bargain but you need to know what you are buying and either have the knowledge or do the research.
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bobbyhelmet's Avatar
United Kingdom
2838 Posts
 Posted 07/25/2011  11:48 pm  Show Profile   Bookmark this reply Add bobbyhelmet to your friends list Get a Link to this Reply
Forgot to mention - Fake sellers often use 'shill' bidding to up the final prices of their items.

Check the bidders on the sellers coins to see if some of them have high activity with the seller - if you dont know how to do this I can try to explain.
Valued Member
Wei Fun's Avatar
United States
244 Posts
 Posted 07/26/2011  01:33 am  Show Profile   Bookmark this reply Add Wei Fun to your friends list Get a Link to this Reply
I offer two suggestions. The first is to stick with well-known, highly reputable dealers. By that I don't mean ebay feedback, I mean real bricks-and-mortar dealers with rock-solid reputations in the hobby who also sell on ebay. In those cases, though you're not necessarily going to get better prices than you would at their store. But, if you're looking for high-value stuff, it's the safest bet.

Or, try buying a couple small things first, see how it goes. Maybe return something if it's not exactly what was expected, which lets you see how returns are handled. If everything is on the up-and-up, try some medium-value items. If everything is still legit, then you can have confidence that they'll be legit with the big ticket coins as well.
Valued Member
aboarman's Avatar
United States
132 Posts
 Posted 07/27/2011  12:24 am  Show Profile   Bookmark this reply Add aboarman to your friends list Get a Link to this Reply
Try eBid - their fees are so much lower than ebay, so sellers generally sell cheaper.
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