Latest successful eBay marketing ploy

Discussion in 'Coin Chat' started by -jeffB, Dec 21, 2011.

  1. -jeffB

    -jeffB Greshams LEO Supporter

    I've started to notice a lot of listings from seller "peanutsauce2001". Most of them are like this one:

    three of kennedy half dollars. One is a 1964 90% silver, another is a 1964D 90%,

    "...and, darn, I ran out of room to describe the third cool coin in the title, but you can assume it's a lot like the first two." Of course, the third one is a common circulated clad.

    Thing is, this seller is getting ridiculous success with this tactic. It looks like more than half of these auctions end up getting successful bids, starting well above their actual value. And I can't call it deceit; the description is explicit and complete, and the photo, while not the best, is accurate.

    Gotta love those eBay buyers...
     
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  3. TheCoinGeezer

    TheCoinGeezer Senex Bombulum

    As you say, the auction is explicit.
    If someone is dumb enough to pay $30 for 2 circulated 90% Kennedy's and a clad one, they deserve to lose their money.
     
  4. rickmp

    rickmp Frequently flatulent.

    The ad describes all three coins in detail. (90%, 90% and 0%).
    I see no misrepresentation.
    What's your problem with this seller?
     
  5. jello

    jello Not Expert★NormL®

    :devil:Ebay gave this seller a Top Rated Store. but I guess you don't have spell thing right just sell the h-ll out thing so eBay get a Fat payment.
     
  6. Shoewrecky

    Shoewrecky Coin Hoarder

    While he may be honest, he is scamming the ignornant buyer..but who's at fault, the seller, buyer or both?
     
  7. rodeoclown

    rodeoclown Dodging Bulls

    Well, I reserve the right to call the seller an LANGUAGE, preying on ignorant buyers. But I also reserve the right to say people should educate themselves and stop being so ignorant. I mostly blame the buyers though, it's easy to gain some knowledge when buying something. Most of these ignorant buyers deserve to lose their money if they're gonna be lazy about it. If these types of lazy buyers did actually educate themselves, it would cut down on the dishonest sellers who are trying to make a quick buck off ignorant people.

    I think of it like spammers, if the stupid gullible people would stop opening and clicking on the links spammers send, spammers would go away rather quickly cause they would stop making money. ;)
     
  8. JCB1983

    JCB1983 Learning

    Jeff your the wheel behind the wheel... Good marketing technique.
     
  9. LindeDad

    LindeDad His Walker.

    Wonder how dumb those buyers would be if silver climbs back up to $50.00/oz??????
     
  10. rickmp

    rickmp Frequently flatulent.

    If I post a common, well circulated, Morgan, with a minimum bid of $30.00,
    am I a scammer? If it gets bid up to $300.00, am I a scammer?

    Based on that one auction, I cannot call the seller a scammer. The
    description is an honest representation of the coins for sale.

    If you don't like the price, don't buy. You can't call someone a scammer
    just because you​ think the price is too high.

    Caveat emptor!
     
  11. redwin117

    redwin117 Junior Member


    Agreed! Buyer Beware, Educate yourself.
     
  12. TheCoinGeezer

    TheCoinGeezer Senex Bombulum

    Some elements of society like to blame everyone but themselves for their bad decisions and stupid actions. It's easier to claim you are a "victim" rather than face up to the truth that you just might be a greedy idiot.
    Personally, I think the seller is being disingenuous with his auction description but the auction text is quite clear on what exactly the buyer will receive.
     
  13. jloring

    jloring Senior Citizen

  14. rlm's cents

    rlm's cents Numismatist

    I am sorry, but it is not my job to protect the rest of the world from themselves. If you are ignorant to fall for this, you deserve what you get.
     
  15. fretboard

    fretboard Defender of Old Coinage!

    Well both are at fault. I wouldn't sell like that but at the same time, nobody I know would shove an ignorant buyer from their table. Sure, there are times to help by educating an ignorant buyer but ebay isn't the place for that. The seller is fairly typical, as far as ebay goes. Buyer beware!!!
     

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  16. 19Lyds

    19Lyds Member of the United States of Confusion

    Huhh?

    There's no "knowledge" or "education" needed for the posted listing. All buyers have to do is "read" the description. It's all spelled out right there in front of them.
     
  17. 19Lyds

    19Lyds Member of the United States of Confusion

    It has nothing to do with education and everything to do with reading the listing.
     
  18. -jeffB

    -jeffB Greshams LEO Supporter

    Hmm... on closer examination, this seller is NOT entirely on the up and up. Check out this auction:

    2 kennedy half dollars a 1964-circulated 90%silver and another half dollar dated

    The photo is poor, with lots of glare, but if you look at it closely, you'll see that it shows two 1964 halves. And he's reused that photo for a number of two-half auctions. If I won one of these auctions, and received something other than two 1964 halves, I'd have a very strong SNAD case.

    He's been using this photo for a while, and gotten very strong bids on a lot of those auctions. I wonder if it's going to start showing up in his feedback soon...
     
  19. LindeDad

    LindeDad His Walker.

    If stupid hurt more it might not be so prevalent. Wonder who said that. Oh it was me. :dead-horse:
     
  20. Player11

    Player11 Bullish

    He seems like a smart seller - Bravo to him for getting a few bucks over melt on junk silver! I dont think this guy is a scammer any more than CAC putting stickers on coins that look like they were run over by a truck LOL!

    My favorite Ebay buyers are the ones who do the BIN on a BIN Make Offer. Made some good money on those deals!
     
  21. jjack

    jjack Captain Obvious

    What is wrong with a clever marketing ploy?
     
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