Should I grant an eBay refund for a coin received 21 days ago?

Discussion in 'Coin Chat' started by C-B-D, Mar 21, 2013.

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  1. Danr

    Danr Numismatist

    that attitude is bad for the hobby. Look the ad up- it was not listed as cleaned
     
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  3. Danr

    Danr Numismatist

    he could bring law enforcement in on this one- ebay "policy" is not very relevant
     
  4. Danr

    Danr Numismatist

    that is the way to do business- I conduct my business (coins and other) in that manner.
     
  5. Detecto92

    Detecto92 Well-Known Member

    It should not be up to the obligation of the seller to state if the coin is cleaned or not. That obligation is fulfilled by the buyer.

    When you buy a car, do you inspect it, or just buy it, and find out later it needs thousands in repairs?

    That's why many sellers don't list it that way. They can be held liable for doing so.

    Now if you said "uncleaned", then it may warrant a refund. Even then for the dollar amount, I would want a pic of it in TPG plastic, or the body bag receipt.

    A raw coin is just that, raw, and what may be "cleaned" in the eyes of one TPG may grade in another.
     
  6. Danr

    Danr Numismatist

    coins are different than other items the FTC has guidelines on coins due to this type of fraud
     
  7. Fall Guy

    Fall Guy Active Member

    If he was decent when asking for refund, I would do it. If he was a complete d--k then I wouldn't refund it and take the negative. But that is me and I am not in business for myself.
     
  8. silentnviolent

    silentnviolent accumulator--selling--make an offer I can't refuse

    Who is to say the buyer didn't do any further cleaning before sending it to PCGS?
     
  9. fretboard

    fretboard Defender of Old Coinage!

    Where's the ad located, I can't find it. Anyone?
     
  10. Chiefbullsit

    Chiefbullsit CRAZY HORSE

    He might give you negative feedback EVEN IF you accept return. I'd make sure about fb before taking it back.

    These are the kind of buyers that make selling on Ebay not so fun.

    Refund, block, and move on.
     
  11. RaceBannon

    RaceBannon Member

    If I were to list a coin that's been obviously cleaned. I would call it out in the listing. Thus preventing such misunderstadndings from happening.

    Might I scare some bidders away? Sure. But I could sleep better knowing I've fully represented the product I'm selling. And I'd reduce the chances of finding myself in the situation you're in.

    In this instance, I'd refund his money. My reputation as a seller is worth more to me than $400.
     
  12. RaceBannon

    RaceBannon Member

    Lastly, once I'd refunded the individual, I'd ban the person from bidding on any of my other auctions. You can do that without his knowing with a couple clicks on your seller's page.

    Some bidders are more trouble than the effort is worth. This individual, by bidding on an obviously cleaned coin, submitting it for grading, then demanding a refund outside the 14 day window when it came back as cleaned, fits into that category.
     
  13. Treashunt

    Treashunt The Other Frank

    That is pretty nasty, and it is obvious by his starting this thread that he was not intentionally trying to rip someone.

    You do owe him an apology, since you have no basis for your comment.

    To the OP, pass, and if he negs you, then call eBay and gripe.

    14 days is 14 days.
     
  14. Wow, this is a tough decision.

    1. If you knew the coin was cleaned and omitted that from the listing, then refund OR

    2. If selling on eBay is your main source of income, then refund.

    3. If neither 1 or 2 apply, then do not refund as your policy is 14 days and eBay should stand behind you on this or why even have a return policy.

    Good luck!

    TC
     
  15. C-B-D

    C-B-D Well-Known Member

    Here's what I responded to him today: "The most important things to me as a seller are: Having satisfied customers, selling authentic coins, and keeping a good seller rating/having positive feedback. My only problem in this case is that I'm not 100% sure I can take a $406 hit right this moment. So, by working with me, perhaps we come up with a solution that makes us both satisfied. How about this.... I get positive feedback from you, I refund you $120, and you keep the coin. Would something like this be agreeable to you?"
    (For CoinTalk members, even by refunding $120 I'm not taking a loss). We'll see what he says. We've emailed back and forth one other time before this response by me and he was much more pleasant and reasonable sounding than the initial message. I would take the coin back for a full refund, and I still might. But I'm thinking it'll sell for $125 instead of $406 the second time around.
     
    imrich likes this.
  16. jloring

    jloring Senior Citizen

    Partial refunds are always a good way to go if an agreement can be reached between buyer and seller. I think your offer is fair; however, if the buyer has a stigma against owning a cleaned coin, he may opt for a full refunf.
     
  17. ldhair

    ldhair Clean Supporter

    I'm still trying to find the auction.
     
  18. GDJMSP

    GDJMSP Numismatist Moderator

    C-B-D -

    You'll have to figure out how to solve your present dilemma on your own. But for the future ........

    The best dealers always have a no questions asked return policy. But there are 2 caveats that go along with that policy. It's quite simple and fair to all. 1 - you put a time limit on returns. You can decide whatever you want that limit to be, I feel 14 days from receipt is more than adequate. But I've never seen anyone that goes beyond 30 days. 2 - all returns must be in the original & unopened holder. (usually it's a flip stapled shut)

    Number 2 is important because that means that the buyer can't switch coins or mess with the coin. That if it is returned that it is returned in exactly the same shape as it was when you sent it out.

    This policy is pretty much industry standard for on-line purchases, not all dealers adhere to it but the good ones do. It allows the buyer a chance to examine the coin in hand and decide if he wants to keep it. Everybody deserves a chance to do that.

    But that policy does not mean that buyers have a right to expect any coin they buy will be slabbed by a TPG. If they want a slabbed coin then they should bid on a slabbed coin to start with. Anybody who buys a raw coin takes a chance, and yes that includes dealers.

    To those of you who are saying that C-B-D should just accept the return, consider this. You sell a raw coin or coins to a dealer, the dealer has a chance to examine the coins in hand. You go your way and he goes his. A month or so later that dealer calls you up and says - hey, gimme my money back, the TPGs wouldn't slab those coins, they came back as cleaned. What are you gonna do ? You gonna give him his money back ? I rather doubt it.

    Some are going to say but that's different, the dealer is a pro and he should know better. Well I got news for ya, it isn't different at all. You see, the buyer whether he is a dealer or a collector has his own responsibilities that he has to live up to. As long as the buyer has a chance to examine the coins in hand and he accepts them as being satisfactory, then the deal is done. As the buyer it is your responsibility to know what you are buying. The seller, whether a dealer or a collector, has no obligation to you the buyer that all coins you sell him will be slabbed by the TPGs. You have to know what you are doing when you do it. And if you screw up and buy problem coins, then it's your own dang fault and nobody else's. And you have to accept that. End of story.
     
  19. redwin117

    redwin117 Junior Member

    Do not REFUND his money..14 days Past. Keep the Money. That's all.
     
  20. ddoomm1

    ddoomm1 keep on running

    While I have no buying/selling experience with E-bay, how do we know the buyer is not a member on this forum and reading all of our posts?
     
  21. CamaroDMD

    CamaroDMD [Insert Clever Title]

    I disagree. In no place did it give a grade for the coin and the ad said to judge the grade for yourself with the photo...and the photo was very clear the coin was cleaned. I agree...the ad should have mentioned the coin was cleaned, but it was pretty obvious.
     
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