Did one of you bid on this?

But the description says....

 

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I've been holding out for one similar but a PCGS MS66. I need it with more holes in it.

There's 3 bidders ... one with a feedback of 0, 5 and 16.
The 0 & 5 bidders are both bidding on an error coin, and dress shoes. Shillers ..

 

You know, it's probably a money laundering scheme..... (google it, it's not just this coin)

 

No it doesn't, if someone is going to foolish enough to bid than much without learning what they are bidding on they deserve what they get.

OK, I actually looked at the auction and I can see a reason for reporting it......for keyword spamming. It has nothing to do with PCGS.

 

Look at the bidders. I don't think there's too much to worry about.
I do think that reporting this is a good thing, but this is just one of very many. I personally gave up reporting them due to the sheer volume.

 

Looks like Abe got shot again

 

I wonder if someone is messing with the seller and will cancel the bid or SNAD it.

 

They all look like shill bids, if you
check the bidders %'s, etc. bidding
with that seller.

 

Say, isn't that the ultra rare Boston mint mark on that coin?

Edit: Auction closed by seller.

 

A walking dead error coin! I need one!

 

If it were on Etsy, I could understand it, but eBay? The seller needs to hurry and dump it before the coins actually disappears from rot. It's already been pointed out the neither the seller or the bidders have any sell/buys. "One born every minute" and now they are all bidding on this piece of junk. LOL

 

Just in the length of time I responded and the item has been pulled by seller. Thanks @Santinidollar

 

caveat emptor

 

I've found lots of coins like that--in the middle of streets with lots of traffic!

 

Wow you can become a millionaire

 

I looked up an article on money laundering and eBay. Most interesting.

 

I have to think that anyone interested in money laundering would come up with the most innocuous and easily-overlooked auctions, rather than breaking several selling rules (keyword spamming, numeric grade for unslabbed coin, violating PCGS trademarks). After all, you don't need to attract buyers; your "buyer" and "seller" are setting everything up behind the scenes.

 

No worries. You can bid on his used alligator shoes.

 

Aren't those Crocks?

 

someone mentioned laundering. Start of an insurance fraud? The possibilities are endless. You think theyd pick a better coin for such BS.

About 5 years ago my brother was looking for his first house. The lender wanted to see the facts of his down payment which was like $30k. The broker told him they needed to see that the money was his that he had indeed saved. One suggestion to get around this was to barrow the money or get a "gift" from anyone like a family member or whatever and then state he had a "coin" in his possession he could sell at anytime to gain the value. Basically, I have an asset worth $10k I can sell at anytime....even though its just a penny. Its totally fraudulent but the broker suggested it. Of course he never did it. Whos to say if he didnt have a rare penny he sold to his brother for $10,000? Brokers will do anything!