Lul owned?

I see it as not the seller's fault...he lists it...he doesn't force a gun to anyone's head to bid...if your not willing to read and learn about what your buying...then how is it a ripoff? I'm tired about hearing how it's usually the seller's fault when people choose to not know what they do...would it also be the driver's fault if you ran out in front of a car on a highway? stupid people do stupid things...stop blaming others for their stupidity...

p.s. there was 7 bids on that auction... so I guess the seller is at fault 7 times too?

 

Log in or Sign up to hide this ad.

I agree the seller is within their right to do what they are doing. However, it is an underhanded tactic preying on peoples' ignorance, and even though it's within the rules I still consider it to be morally bankrupt. The items are deliberately listed at a price that looks like a good deal on a gram. No honest dealer would charge that much for a grain. People get excited and pounce on it thinking they got a steal. I bet this racket pays off well.

 

I think you are agreeing with me though it is hard to tell from your post. I didn't say anybody is getting ripped off. If the buyer reads the description and still buys it then it is their own fault. If they don't read the description, it is still their fault. I don't blame the seller for anything as he is not engaging in any form of deception.

 

I read what you said "

He depends on people not reading or perhaps understanding the description. Buyer beware. Ignorance is as bad as deception."

I don't think ignorance is the same as deception...its all posted in the description there "this is what you get" ​

people are not forced to buy...they are just choosing to throw away money....

​

 

it might be a good deal on a gram of gold...but the picture SAYS 1 grain and the description says 1 grain...maybe the cost of cutting it down to 1 grain makes the premium that high? I mean look at the premiums on 1/10 oz gold eagles. I'm not trying to defend the seller but I just dont like when it's the seller's fault for people bidding on something that is clearly described...people need to learn to read it seems instead of bidding on a whim...
​

 

Another bit of trickery.... doesn't say plated anywhere, but they are

http://www.ebay.com/itm/5-GOLD-Bull..._Individual&hash=item3f13599926#ht_500wt_1141

 

Yeah another gotcha. It does indicate plated, but you have to know that HGE = Heavy Gold Electroplate. Heavy means, I think, a minimum thickness of 100 millionths of an inch. He lists "8-22k HGE". This means the plating solution isn't pure gold but somewhere between 33% - 91% gold. I'd guess it's closer to the 33% end of things. How much? Who knows.

I suspect these coins have far less gold on them than even that 1 grain bar above. It should be noted that even the cash4gold places won't take HGE items.

Ebay really should set some standards for selling gold coins.

 

Ah I didn't know what HGE meant. Yeah, Ebay should have further classification for bullion sales, with regards to the metal content of the piece.

 

Well it's the bidders' faults for not reading carefully. Can't really blame the seller, not on these two anyway. He has no control over what people bid. Granted, I believe the denom should be clearly in the title, but it's not as if he just left it out. If you don't know what a grain is, you shouldn't be bidding on a grain.

 

Actually it does. HGE is an abreviation for a specific type of plating. I can understand not a low of people would know that, but two seconds on Google will get you that info. But yeah, perhaps a tad dishonest.

 

Some people only want to hear what they want to hear, and others only want to read want they want to read. Even after they read, they don't understand what was said. There are several great examples here.

 

A foole & his money,
be soone at debate:
which after with sorow,
repents him to late.

 

Exactly. That's why ignorance is as bad as deception. I didn't say they are the same thing. They're not the same thing at all, but they can each produce identical results.

 

I dont get how anyone can get scammed since they coin always return the item for a refund no matter what the seller says, since paypal will just pull the money back out of the sellers account if needed.

 

Many do not know that.