What's the Catch?

Discussion in 'Coin Chat' started by yakpoo, Jun 25, 2011.

  1. New Gen. Nick

    New Gen. Nick Member

  2. Avatar

    Guest User Guest



    to hide this ad.
  3. -jeffB

    -jeffB Greshams LEO Supporter

    BTW, you can Report This Item as Fraudulent. If they've really sold 90-odd of them already, that's 90-odd transactions that eBay and PayPal will have to unwind, probably at non-zero expense, and that expense will be passed on to the rest of us in increased fees.
     
  4. coinmandan

    coinmandan New Member

  5. snaz

    snaz Registry fever

  6. brightspirit1

    brightspirit1 Member

    This guy may have hacked into an established ebay seller's account to take advantage of his favorable feedback.
     
  7. ratio411

    ratio411 Active Member

    He's now sold 103 lots of 100 silver dollars...
     
  8. Collector1966

    Collector1966 Senior Member

    Hong Kong is a big city and former British colony that was and still is a major gateway to mainland China. Moreover, silver was a symbol of wealth in pre-Communist China, so it is conceivable that a lot of genuine US silver dollars ended up in Hong Kong. However, given that real US 90% silver dollars have not been $4 each since probably the '80s, and if these dollars were real there should be a ready market for them in Hong Kong that more accurately reflects today's prices, and given that the resolution of the pictures is too low to discern any details, then I would certainly stay away from them.
     
  9. dctjr80

    dctjr80 Senior Member

    I just reported it, hopefully eBay can intercede before too much money is lost.
     
  10. McBlzr

    McBlzr Sr Professional Collector

    JeffB found the vaild listing from a Coin Store in Oregon. Left hand PIC!

    Shady Hong Kong seller looks like he copied every thing exactly for his listing. Right hand pic! 100-Peace Dollars.JPG
     
  11. Collector1966

    Collector1966 Senior Member

    This is a perfect example of one of the many reasons why Susan Headley has advised never to buy coins from eBay sellers in Hong Kong and China.

    http://www.cointalk.com/t46943/
     
  12. yakpoo

    yakpoo Member


    Wow! Great catch! These bums don't even take the time to do their own page design. They could at least change a font or something.
     
  13. yakpoo

    yakpoo Member

    I see the auction was taken down. I just hope not too many people lost money.

    Although, as someone else already said, the buyers (that thought they were getting something for nothing) will probably get a PayPal refund and the other honest Sellers will eventually pay the price in higher fees...sad. :heated::headbang:
     
  14. Phil Ham

    Phil Ham Hamster

    It appears to have worked. The listing has been removed.
     
Draft saved Draft deleted

Share This Page