Would you have bought this?

Look here at this Ebay auction that just went off a few minutes ago. The seller is new.... "0" feedback and sold this , (he says, XF) 1889 CC Morgan. I dont think I would have spent that much with a new seller....what about you?

http://cgi.ebay.com/1889-CC-Very-Fi...yZ139811QQssPageNameZWDVWQQrdZ1QQcmdZViewItem

 

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No, I wouldn't. Without a clear image of the coin...I'd be very skeptical. Personally, even though I'm not a huge fan of TPGs, I'd be hesitant to buy a raw key coin off eBay from such a new seller. I'm not so worried I wouldn't receive a coin, but the authenticity and grade concern me.

 

Assuming the images are of the coins for sale, then they're either higher quality fakes or genuine. I'd be more concerned about not receiving the coin at all.

Then again, if the person is a legit seller who just hasn't listed anything before, then this could be a great chance to pick up some keys.

Are you a gambling man?

 

Im not sold on the images the seller provided. Maybe the seller is legit and he's just listed some silver dollars for sale. If it were me just starting out on Ebay I'd list some common date stuff first then go for the keys. Bidders were'nt too afraid to put up some money though...there were 40 bids on that 1889 CC.

 

Wouldn't touch it....too risky. No feed back,big bucks, however he does take pay-pal. Still, a crap shoot.

 

Generic photo, no feeback, high price=stay away

 

All sorts of red flags:
1. Very Fine 45!!!??? Doesn't know his terminology.
2. No feedback, buying or selling
3. Images are WAY too nice
4. Semi-key that isn't slabbed
5. 1.00!!!??? I've never seen anyone list a Morgan dollar (or ANY dollar) as 1.00
6. Starting a $3000-4000 coin at 1 cent!!!???

I bet the winner thinks (at the moment) he got a GREAT bargain.

 

To respond:
1. A minor mix-up, I've done it myself this time.
2. Big problem, definately.
3. Bingo, thats whats got me.
4. Well, they weren't struck that way. Why is it so surprising?
5. Techinically, thats perfectly correct.
6. This is a very common tactic that many sellers use. Put the starting bid as low as possible and let the market decide.

 

I'd never spend that much for a coin I couldn't see , or wasn't slabbed .
rzage

 

Especially a key or semi-key date thats well known to be counterfieted. I was never a big fan of slabbed coins but I do make exceptions for certain ones. Its too bad that auctions like this are too common on Ebay, but then, uneducated bidders are even more common.

 

especially since his only feedback was for a lottery scam (as a buyer).

 

Wouldn't touch that puppy at all. For someonw that new to ebay with no feedback and pictures that border on insanely professional, I'm saying no.

 

Everyone's looking for a bargain - or the steal of the week.

My wife wanted to sell her car last month. She put an ad in the paper to sell it for $4500 - well the paper did a typo and put $500 instead of $4500. A totally obvious typo based on model and description.

Well, our phone was ringing off the hook. Seriously, we finally were forced to unplug the phone from the wall for two days. You can't imagine the number of bottom-feeders out there looking for the deals.

 

This looks like a nothing more then a quick way to make some feedback... buy it now, and no item to be shipped.

 

The pic scares me, it looks like a stock photo from a coin website.