Would you buy an expensive coin from an ebayer with 8 feedbacks

I was thinking about placing a bid on this coin

270037417752

The only reason I am hestitant is the seller is new, about a month old and only has 8 feedbacks.

Do you think it is safe??

 

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I would be a little hesistant if it was me. Not only is he new, but he has never sold anything on eBay before. If you look at his feedback, all 8 are from the seller (so he is the buyer).

There is nothing there that says he is a bad eBayer, but due to his little experience I would be cautious.

 

All of their feedback is from being a Buyer, no return policy, doesn't identify the "grader", doesnt identify their Shipping and handling charges, and shows only one side of the coin.

Is this where I sing "We've Only Just Begun"?

I am no where near an expert on commerartive halves, infact, only recently saw one in person. I bow out to the experts to determine if the obverse of the coin is genuine or not.

Hopefully, what I meantioned in the first paragraph gives you food to think about.

 

The reverse is shown below. Isnt the coin in an original PCGS holder?

 

I think the holder is probably okay. I looked up the certification number on the pcgs website here:
http://www.pcgs.com/Cert/1180971.html

 

I have sold a few items on eBay, most of my feedback was from sellers, with me being the buyer. Everyone has to start somewhere. Contact this individual, maybe even a phone call, if possible. Check out the return policy, and use some sort of protective payment method. You might even get the coin at a bargain due to lack of bidding competition for the same reasons that you are hesitant to bid.

Steve

 

Ya know----everyone has to start someplace....and if no one buys when they are new then they will never get to the place that people want them to before they will buy---you and I all had people put alittle trust in us when we started selling....

Speedy

 

I asked this persan what the reserve price was and they responded that the reverse of the coin is an eagle with an apology that it is upside down in the pic. I understand that reverse and reserve are similar, but it seems an odd mistake. I asked a couple more questions to try to ascertain if it was an intentional error, meant to deceive, or an innocuous one.

 

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=270037417752

If I was after something like that I'd bid on it. Good to see it's not wildly toned like those Morgans were in the same type of PSGC holders, LOL...

Ben

 

I would greatly appreciate your opinion.

 

Well, unless you believe it is worth twice what all the guides say then you will not win this coin. The reserve is set at $1500! Even the PCGS price guide only has it listed at $850!! Unfortunately I think this bodes badly for this guys auctions, and I will be staying away.

BTW, I don't believe there is anything intentionally deceptive going on, I just think the seller has some difficulty with reading comprehension and writing coherency. (This is not meant to belittle them, as numerous people struggle with written communication.)

 

Maybe, they're just testing the water to see how much it would really bring. I did it once with a 1958 (Team Signed) baseball. It's the one on the left. The bid got up to $660 and I had a $1.5K reserve on it. Several bidders were upset I was asking so much, LOL...

Ben

 

Thanks, I was thinking about bidding up to $500. No way would I go to $1500

 

nice balls Ben! I have a Jeter and a Sandberg and a team signed 68 Tigers (Kaline, Lolich, McClain, et al.), but no Mantles!

BTW, who is the one on the right? I can't tell.

 

The 2006 N.L. Cy Young award winner Roy Oswalt!!! BTW, the middle one is Koufax and Mantle...

Take Care
Ben

 

True, but the seller might consider getting his positive feedbacks built up with cheaper coins, assuming 1) this auction doesn't work out for him, and 2) he intends to sell a lot of coins.

On the other hand, it might work out that he makes his sale to a less discerning buyer, but those might be hard to come by at the $1500 price point.

 

I would be willing to take a chance on a new seller on a less expensive item but not for something more than a few dollars, and definitely not $1500.

The "new seller discount" is in effect. Sellers need to learn to start slowly. This one might get lucky but will probably learn from having given eBay a listing fee for nothing in return.

 

only 2 of his last 16 auctions have ended with a winner. It won't take long for this guy to figure out he doesn't know what he's doing!

 

The coin I was interested in got a high bid of $367.67. The reserve was $1500.

I talked to him after the auction offering $375 for the coin. He refused stating that he paid $1500 for the coin and would not take a dime less. Oh well.