Ebay store; mygrandfatherstreasurestash is a Scam. Indian Cent Rolls

Is it all original Not rigged in anyway? No I open the roll to find only that they all are 1940s and 1950s with a regular penny. And the only good part is the cleaned coin on the end. He lied through his teeth and stole all my money. Check out the negative feedback

http://myworld.ebay.com/mygrandfatherstreasurestash

http://www.ebay.com/usr/mygrandfatherstreasurestash?_trksid=p2047675.l2559

 

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One of the oldest tricks in the book... "unsearched rolls".

Sorry you had to learn the hard way. Welcome to CoinTalk... ;-)

 

You have to wonder. Why would someone NOT want to search the 'unsearched' rolls that they are selling. It just doesn't make any sense.

 

Deceptive, yes. Illegal? No. The whole presentation should be an immediate red flag, and anyone doing the due diligence of checking the Feedback of a seller they hadn't dealt with before would know what was coming. I am very sorry you had to learn this painful lesson in this fashion.

 

This happened to a buddy of mine. He called Ebay to report this seller for false claims and Ebay pressed the seller to refund the money.

Luckily, this mistake was $70 and luckily he was refunded.

Some tips;

- Try to avoid spending a lot of money that you might never get back on Ebay for un-certified or factory sealed items. If something seems to good to be true or you get that weird gut feeling.... there is something not right.
- Ebay has a money back guarantee from some big sellers. Even if you have to pay more, you still know that Ebay will refund you.
- You can try to call your credit card company to deny charges to this person.
- Also, make sure the description says "sealed" or the item you see in the picture is the one you'll get. You can always ask the seller a question before you buy as well to cut the BS.

 

Only if you want to be committing credit card fraud

 

So the eBay store is even named after one of the oldest lies/scams on eBay and you still bought?

These "mystery rolls" NEVER benefit the buyer, despite the false hope that may appear in print articles. At least you didn't roll the dice with $3000 Morgan dollar rolls, like some idiots do.

 

Oddly, when I was young (under 10, late 60s early 70s) I used to put all my pennies from change into rolls. I would sort them by year or decade. I still have those rolls, and a few jars. I haven't "searched" them. I'm not a penny person. I have no desire to search them until maybe sometime after I'm retired (but I doubt it). So at some point my kids are going to dispose of all those rolls, which are clearly "unsearched" by some definition.
So it *can* happen.

Though if someone is selling stuff from a storage locker that no one checked for 36 years seems really odd. You think they would have stopped paying for the storage locker and cleared it all out of just let it default.

 

I don't see a link to the actual sale so I can't say if he lied or not, or if you made assumptions that weren't supported. These "unsearched" rolls sales tend to be troublesome for both reasons.

I looked at several of the rolls he has up for sale and the only thing he gurantees is that the cents will date between 1909 and 1958. You show a roll with and indian head on the end and you say that all the other coins were 40's and 50's. Sounds like you got exactly what was promised. (everyone always seem to forget that 90% of all the wheat cents were struck in the 40's and 50's, and then they are shocked when a random roll of wheats in mostly 40's and 50's)

I read through the negatives and looked at some of those items. Looks like they got what was promised, but not what they were dreaming to find, Personally I think the negs are unjustified.

 

Whenever you buy from an ebay vendor you need to do your homework beforehand. You need to see what types of feedback the vendor has an if its negative after negative you need to steer clear. I suggest though that you file a complaint with ebay customer service and demand your money back. As per ebay policy the customer is always right! The merchant is required to pay for return shipping. Suggest you call ebay's customer service department today and get the ball rolling. Remember if the offer looks too Good To Be True then you know its TOO GOOD TO BE TRUE!!! That vendor needs to be blackballed & tarred an feathered!!

 

I selected option A on your poll, but don't feel too bad, this obviously happens very often or this sort of listing wouldn't exist. Welcome to CT.

 

Aw YES! the ole unsearched roll trick...

 

I voted for "Consider it a lesson learned" and don't beat yourself up about it. Welcome to CT.

 

Huh, I'd a thunkt they would seed a new customer's first roll with something marginally better to create a repeat customer...

 

Another bit of advice (if I may...) beware of any listings such as "Estate Find" or "from my Grand(insert clever relationship here)s collection".

 

"I read through the negatives and looked at some of those items. Looks like they got what was promised, but not what they were dreaming to find, Personally I think the negs are unjustified.".........



I buy tens of thousands of truly unsearched wheat cents from the general public (I pay ¢ and retail them for 4¢ after I search them)

Almost as a rule they are all 1940's and 1950's. very, very rarely, I run across some that were saved long, long ago and they have earlier dates.

Only once, almost 20 years ago, did I score with a 1922 no "D".

 

WADR, that's because you are a dealer...I only dream of making 300% mark up on the product I sell.

 

The guy got what he paid for and didn't get lucky and get rich like we all knew he wouldn't, why do people keep suggest that he engages in fraudulent claims to get his money back?

 

I got truly curious one day about a seller with 90% of listings stated "estate find" So i spent about a week hunting thru listings for a few coins in my wheelhouse. I won't name the seller, but they are located in Texas... I found three varieties (all unlabeled in tpgs) of nominal interest and bought them a la "buy it now". Of the three, he swapped out the most well known (a '55 Franklin) for a plain Jane of the same date, different slab. He took the return no questions asked. (.. which would have been hard to dispute unless I somehow magically purchased a coin he had listed elsewhere.. but I digress)

At any rate, when making a purchase on ebay you also become privy to more private information of the seller. Thus, I did a little tracking and found out the owner had purchased an entire coin business from an estate relatively not too long ago. I guess, in a slightly angled manner, he isn't lying when stating just about every listing as an "estate find".