coinsrocksgems1, the people who brought you INB. INB aka International Numismatic Bureau, or what I like to refer to as Idiot numbskulls in basement, self slabbed thousands of coins. Most of the coins they slabbed were overgradded. Or proof problem coins purchased wholesale from dealers. I once found a few of their "gem proofs" that had deep nicks noticeable at a arms length! Now to me, they are scum, and should be banned from eBay. Just take a look at some of their listings: "[h=1]NICE COLLECTIBLE COINS JUST DISCOVERED MARVELOUS LOT"[/h] [h=1]"GENTLEMAN'S COIN BOX FOUND HIDDEN ROOM w/ COLLECTIBLES"[/h] Then read through their description: Once upon a time, an old man thought he would fool his entire family by hiding his coin collection away. An entire room was devoted to his collecting treasures, and so he built a false wall so that no one would even know that the "collecting room" even existed. The only way into the room was through a small closet, and even that little door was obscured by hanging clothes and old coats that were probably never going to be used again. Doesn't it make you sick? They just keep using the same ad, again and again. Then take a look here: http://www.ebay.com/itm/NICE-COLLECTION-OF-COINS-JUST-DISCOVERED-TREASURE-/230757240242?pt=Coins_US_Individual&hash=item35ba340db2#ht_2836wt_1270 NICE COLLECTION OF COINS JUST DISCOVERED TREASURE Don't their ad's make you sick? They do me too! I think we should all email this seller and tell him to go somewhere else! [FONT=Arial, Helvetica, sans-serif][/FONT]
There's a sucker born a minute, and enough said to say, let the buyer be ware. If you be fool enough to bid on something like this then you deserve the consequences......
I once saw something like that on ebay, it said it was a treasure chest hidden in a grandfather clock that their grandpa hid away. The strange thing was, the lot was composed almost entirely of copy coins! Now who would have a giant collection made of many lots of the same coins, and most of them copy coins?
Sounds like another hit and run. Rile up the troops and skeedaddle. Of course there's idiots on ebay, both buyers and sellers. Whatever. You or anyone else trying to round up a posse to chase someone out of town isn't generally the best option. If you're so upset, let ebay know.
These are unscrupulous sellers with no morals who want to take advantage of new collectors by selling cleaned coins, problem coins, common coins and banknotes etc. without divulging the facts. They find ways to market their items to get the attention of bidders. Everybody likes to find treasure and their techniques work. (made you look.) Basically, a rip-off. Avoid sellers like this like the plague.
people will buy anything on ebay. you can dump a drawer full of junk on to a table, photograph it,list it,and people will bid like crazy.
I don't think there is anything with wrong with selling problem coins or cleaned coins without divulging the facts. It's up to the buyers to learn. Very few listings point out flaws on a coin. Some sellers do not even grade. They basically photograph the coin and say "it up to you to grade it". Where the line is crossed however is when sellers lie. Taking an obviously cleaned coin and selling it as uncleaned, or taking a coin with a bunch of nicks and selling it as "gem proof". Although, again, its up to the buyer to be educated, lying is plain wrong, no matter who you do it to. Now I don't have any power on what eBay does, but I don't like "made you look" listings. I want something sweet and to the point. A lot of experienced people (well I wouldn't call myself that), will see that ad, get turned off, and never shop with that seller again. But the straw that broke the camel's back is when they change their ad. So not only do you fall for it once, you fall for it again and again. They photograph things differently and such. It kind of makes you have a hatred for the seller, and just makes them look like a present day carnie at a show.
This is what I am talking about. When I see the words "it up to you to grade it", I suspect the seller is hiding something. Let us know what your ebay name is.... just for future reference.
What's your eBay handle? I want to make sure I never, ever buy from you. You're getting quite a reputation here, Detecto, and not the kind you'd want either.
Although I would not do that...some sellers do that to cover their butt. If you list a coin saying its xf someone could complain saying its not. If someone says uncleaned they could comeback saying it is. If a seller takes very clear photos that are upclose and true color...saying "you grade". Then I dont see a problem. I've bought many coins like this and never had an issue because the photos are clear enough to make my own descision. I don't sell coins on eBay...so no worries there.
Is anyone's arm being twisted forcing them to bid/buy from the seller you've mentioned? No. Unless they are violating eBay policies, they've done nothing wrong.
There's nothing wrong with making a profit. It's about how you do it. When I sold on ebay, I provided detailed pics, full disclosure if there was anything to be concerned about, and a full money-back guarantee. My business partner and I had dozens of repeat customers, some who actually gave us shopping lists for items they wanted us to find. We had a great reputation and it was because we were up front about everything. Of course we made money and sometimes had very good luck with items and made phenomenal profit, but nothing we sold was questionable. There are several coin dealers here on Coin Talk and I would have no qualms about dealing with them because they don't hide anything back. When they put something up for sale, you see exactly what you are going to get. If they suspect the coin is cleaned, it's mentioned. If the coin has a problem (however minor) they state that fact. That's the difference between reputable ebay sellers and the unscrupulous ebay sellers. They also know that bidders might be newbies, yn's and maybe someone who just stumbled onto their listing. By providing correct information also educates and this in the long run may create a new customer. Reputable sellers think long-term and think about repeat sales. Unscrupulous sellers go for the fast buck.
Geez man, I don't know why you're losing sleep over these schlub eBay sellers when you should be more concerned with just minding your own business and concentrating on purchasing from good, wholesome, reputable vendors. You should be old enough to know better...at least I think I'm not talking to a ten year old?
My suggestion is for you to join the ANA and read the rules. Then interpret them for yourself. As I take it, it is wrong to knowingly list a cleaned or problem coin, and not disclose it. Also, eBay rules forbid you from attaching a numerical grade to non-slabbed coins if I remember correctly. That is one of the reasons many listings are worded like they are. But, I do agree that some use this to their advantage.
Why? The seller is doing NOTHING wrong... he's just using a sales pitch that has been used for years. I have no problem with him at all; I don't even have a problem with the buyers who buy from him without reading his feedback (120 negs in twelve months, but also 33,000+ positives in the same time period). So I interpret your remarks as a personal vendetta against the seller as opposed to a warning. I don't believe eBay needs any more "watchdog" groups to protect us from our own stupidity.
Because they serve the "knuckle head" buying community regardless of how lame some folks think the sales pitch might be. Does it make me sick? No in the least. No sicker than the myriad of "New and Improved" ads I see on a daily basis. Same product just different packaging.