Ludicrous eBay Listing - Sold.. the buyer will regret it big time!

Hello everyone,
We were following this obvious altered Cent on @JCro57 Facebook page on Mint Errors. Some members and even I messaged the seller to inform them that the item in question was not a mint error of any kind.. it sold earlier today for over $400.00
.. 21 Bids

It's a vise job!
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Edit* It was not an item for sale by Joseph Cronin. Someone misunderstood my post.

 

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It's a crying shame.

 

Let's hope it was a knowledgeable "buyer" who will set the seller straight.

 

Wow.

 

Looking up the listing I see nine people dodged a bullet and canceled their bids during the auction. Four or five lined up to jump off the cliff

 

What's sad is I occasionally try to inform ebay of misleading items like this and they almost never take them down. I even go into detail about what exactly the issue is, hoping to save someone somewhere from getting ripped off and they don't care! This is disgusting behavior on ebay's part. Money over honesty is what ebay is about I guess.

 

Ebay does give 30 days for the recipient to decide about the coin after it is received
and they can return it for full refund,

I have done this for several coins over $300. I think they do not want the responsibility to decide and leave it up to the buyer to research and decide. It is not their coin , they are just the middle man,

 

It's very possible that a shill bid won it. See if he relists it at a later date. I see this type of thing very frequently with 3rd Gen Trans Am GTAs and the parts for them on ebay. Shill bid is placed in hopes that someone will outbid. When it doesn't happen, POOF, the item is relisted again at a later date.

 

To a collector it’s an obvious fake. But how many new members to we have that ask “What’s it worth”?

 

I wonder what the percentage is between the amount of people who are trying to cheat someone as opposed to those who honestly may actually think they have something valuable.

 

I know. It really makes you wonder.