watch out for the fake morgans

There is a chinese guy on ebay and once his account is banned he will open another one.His game is to sell fake morgans all the hard to get expensive kinds.

The auction does not say anywhere that he is indeed selling fakes there pretty grainy looking fakes but none the less they aint the worst fakes.


beware

http://cgi.ebay.co.uk/ws/eBayISAPI.dll?ViewItem&category=20083&item=3735987556#ebayphotohosting



i am reporting him just now anyone with a ebay acount please do the same.Last thing needed is him to screw over people coming into our hobby.


check his feedback too and his other auctions

 

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I would never buy anything out of China.

There is also a guy that sells replicas and implies they are GSA Morgans. This is aimed at the novice collector, like me. Luckily, I spooked and someone out bid me. I got a second chance offer after I mistakenly bid on one. I had bid on a couple of real GSA Morgans, and when the email only had the title of the auction, which said "GSA Morgan...." I almost bit.

I PM'ed CohibaCris and National Dealer and found out it was in fact a replica, and not a real GSA Morgan.

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=3919755004&ssPageName=ADME:B:EOAB:US:6

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&category=11979&item=3921636275

I notice this guy Stockbidder2 ALWAYS makes the bidder names private, and in his feedback, the item is private. This prevents bidders from being alerted by passed victims. It also prevents bidders from seeing what the negative feedback is about. I saw one this week that he was offering. If you know what you are doing, he might not get you. But he walks a fine line.

It is really sad that someone will continue to prey on people, knowing full well that his victims are being mislead.

 

Mitchell,

It always gives me great satisfaction when I see a new collector that is actually learning and developing their skills. You are obviously paying attention and doing your homework. Well done.

 

Yes, it's great to see someone new to the hobby who has their head on straight and can think things through.

 

Thank you.

I have been interested in coin collecting for 28 years. It started with my father, who passed away 21 years ago. Back then, it was more a matter of having a little book with prices, and finding stuff in pocket change. My father would often bring home stuff he would find. That is back when you could find silver quarters, mercury dimes, wheat cents, and buffalo nickels in your pocket change. We were not really serious collectors, just novice collectors, filling those blue folders, that enjoyed it from that perspective.

Now, with a more serious effort and interest, more money to spend, and Ebay involved, it is necessary to be more aware. If you are going to buy coins on Ebay, a site like this is a necessity.

Also, having a resource like the collective brain trust on this board, stimulates interest in coins. It also helps someone like me feel more comfortable with buying coins.

Imagine, if this resource was not available, and I did not have the fine members of this board to consult. If I had bought the fraudulent "GSA Morgan" replica mentioned above, and then found out it was fake, I would have been turned off of this hobby.

Ebay can be a good resource for this hobby, IF you have a resource like Cointalk.org, or if you are an advanced collector, to help you not lose your shirt. Otherwise, buyer beware.

I cannot effectively express my gratitude and appreciation to the membership and providers of this board. Not only can it prevent a novice from getting taken, which it did, having the depth of knowledge and expertise here makes it much more interesting as a hobby.

I am grateful to everyone here for that.


.

 

look at this con

http://cgi.ebay.co.uk/ws/eBayISAPI.dll?ViewItem&category=3360&item=3919403423&rd=1

e had people bidding on his items that are no longer registered either to give himself a good feedback i suspect shill bidding.

then he put loads of stuff up for auction ie 10 oz gold bars.

man i pray no-one got ripped off by this scum

 

I will be speaking at the ANA convention next month in Pittsburgh on the problem of fakes in our hobby.

The problem is not isolated and it is not limited. In other words, aside from the entire range of all fakes in all collectibles, there is a basic problem in economics. Why would you buy an American coin from a dealer in China? Are there no American dealers who sell these coins?

I have worked for Japanese companies and a German corporation. I have owned several Toyotas. I am not xenophobic or jingoistic, but the obvious facts to me are that if you buy from someone close to you, you have two advantages: your money comes back to you sooner because that person is more likely to buy what you sell; and if you have a problem, the local seller is more likely to keep you happy.

In terms of the fakes themselves, the problem has gotten worse because the fakes are better. At some level, these phony coins fail. You have to know the material is all. Beginners (by definition) do not, so they are the easiest victims.

Also, these fakes often are sold _as_ fakes and in quantities of several to dozens.

It is a shame.

 

Well, yes, his verbiage is intended to deceive... but on the other hand, everything is right there: The seller says: "It's the rare 1879 GSA Morgan silver dollar as a 100 Mil Pure Silver Proof, complete in deluxe custom holder. Miss Liberty's magnificently engraved head is profiled in frosted relief above the 1879 date on a mirror-like background on the obverse. The majestic American Eagle displays its full wing span in frosted relief on a mirror-like background on the reverse, and the magic "CC" mint mark is clearly visible under the wreath. minted by the National Collector's Mint..."

U.S. silver coins of the 1800s were never "100 Mil Pure" i.e. 10% silver.
And it says "minted by the National Collector's Mint."

If you buy the book before you buy the coin, you are in a better position to enjoy the hobby. You can buy the BREEN ENCYCLOPEDIA OF US AND COLONIAL PROOF COINS for about the price of this so-called "Carson City Proof." Branch Mint Proofs are controversial. The Heritage website has an article that speaks of Carson City Proofs at http://apps.heritagecoin.com/features/numisarticles.php?id=115
Most American numismatists deny the existence of Branch Mint Proofs.

You said that you would not buy anything from China. You do, however, shop eBay. If you saved your money while reading about numismatics, you could go to coin stores or numismatic conventions and get true bargains worth owning. My personal opinion is that "bricks" are better than "clicks" especially for a newbie.

Michael
ANA R-162953

 

You advanced collectors\dealers forget what it is like not to know EVERY little detail of EVERY coin.

If you read his feedback, you will see that several people were taken. That auction itself netted the crook $120 for a $20 replica. The idea that this crook gets that kind of money for $20 coin without deceit, is a little beyond my willingness to accept as true.

Perhaps in the eyes of an expert collector\dealer, if you are stupid enough to buy off ebay, you deserve to get taken.

I have gotten some good stuff off ebay, and at prices MUCH lower than my local ANA dealer, who charges $9+ for a 1 oz sunshine mint silver round when spot is around $6.5. I can get the same silver round, shipped and tax free off ebay for $7.50 and under.

When I buy a GSA Morgan, it will be NGC graded, and purchased from a reputable dealer. Ebay is fine when you are talking about Morgans for around $18. For the high dollar stuff, I will surf the net for a online dealer.

 

ohhh man

WHY DONT EBAY DO SOMETHING ABOUT THIS SCUMBAG

http://feedback.ebay.co.uk/ws1/eBayISAPI.dll?ViewFeedback&userid=boguwan&iid=3735623484&frm=284


SOME POOR GUY just ripped for 300 usd

 

he got himself a little feedback to start with by using his old accounts to pretend to buy from his new ones.

i bet now hes running the same racket on a new account