Tonight's eBay WTH...

You do realize that 9 out of 10 people are hesitant to give feedback when the transaction really does go BAD, right? People are so worried about the controversy that most will avoid giving a negative, even under the worst circumstances!

The rest don't know they were scammed, are too ashamed to admit it, are fake, or, many times, are cheap little $1 items sold to pad the number. Feedback is only valuable 'to a point'.

 

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The 1798 coin looks like it's in much too good condition to be real.

 

yes, the most important thing to look at when evaluating feedback, whether you're buying or selling, is the feedback left for others. That will speak louder about a person's character than the feedback that others have left for them. If a seller has been using feedback extortion, regardless of the severity, or if at least five to ten percent of the ebay users they've done business with, based on the feedback left for others, are no longer registered users, than that should raise a major red flag regardless of what the seller is selling.

I also don't let anyone buy from me on ebay if the only time they've ever taken the time to leave feedback as a buyer was to leave negative feedback, or if they leave negative or neutral feedback over something silly.

 

The good ones are obvious fakes. Probably a few, no-premium-over-melt ones are real. It's a common tactic.

 

I agree the 1798 is definitely a common cast counterfeit.

 

"You do realize that 9 out of 10 people are hesitant to give feedback when the transaction really does go BAD, right?"

?? So 62 or more of this eBay seller's transactions could have been bad?

 

Suppose you sell crap on eBay at an average 400% gross markup. Suppose half of your customers realize they bought crap. You refund them in order to avoid a neg. The other half don't realize what happened, so they don't neg you, either.

Your average gross profit per sale - 200%. Your eBay score - 100%

 

Bottom line.. Be particular on eBay (or other online auctions) when engaging in a transaction.
1) Check feedback, yes received AND left for others (GREAT point, Coinman_Ben!)
2) Check the return policy. Non-existent? STAY AWAY!
I personally would not have bid on this transaction based on the "No Returns Accepted."
Happy New Year Everyone!
Steve

 

Well said! Stay away if no refund is offered!

 

May be a real problem of a coin, it simply doesn't seem like an above board sale especially since the pic is what it is. I think you're lucky you didn't win!

 

I pay with paypal so no returns don't prevent me from bidding.

 

That has to be the one that he needs more research on... the fake i mean lol

 

Many career fake sellers on eBay have 100% positive feedback.

How can that be?

Many buyers don't realize they have bought fake coins. And they leave positive feedback.

The buyers that do realize they have bought fake coins, the seller is happy to refund their money so they don't get a negative feedback.

Result: 100% positive feedback.

Many of these eBay career fake sellers make up to hundreds of dollars per week.

Sorry but it is true.


100% positive feedback means nothing.

Multiple negative feedbacks is the only thing that means something.

 

@ tenacious. Sorry, we will just agree to disagree. I am not an eBay seller, but 622 Positives at 100%?! That is an accomplishment of a lot of hard work and surely means something! To recap, I would not bid on this lot because of the "No Returns Allowed" clause. You bring up an interesting point, I just do not agree. Sorry
Steve

 

This happened to me for the first time, last week. I punched my desk and said a naughty word. I was at work.. awkward!

That won't happen again!

 

What I meant was that 100% positive feedback alone does not mean a seller is trustworthy.

A truly honest seller can have 100% positive feedback.

A career fake seller can have 100% positive feedback.


The only feedback that truly tells you something is when a seller has multiple negative feedbacks from different buyers. Then you can be sure that seller is someone to be wary of, or avoid completely.