Selling Coins Online

21 days.

 

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I have purchased a significant amount of metals/bullion/coins online and never had a problem until my most recent purchase through eBay. If you know me, I favor Canadian silver. I recently came across an auction style listing for the 2013 Silver High Relief Maple Piedfort. It is being offered from the mint for $100. The listing had only reached $50 and was close to ending. I through up a bid of $72 and won. Paid immediately. After a few days I requested the tracking number. I receive an email response claiming he lost the item. He also requested a cancellation. I denied the cancellation and offered another eBay listing as well as a link to the mint's order page. Seller refused to purchase a replacement amd honor the auction. He was literally the most condescending person I have ever interacted with. Then, he wouldn't refund me and told me "good luck taking it up with eBay, I'm a Powerseller." I was dumbfounded.

Here is this scammers information so everyone on this forum can avoid him:
USERID: deer-nut
NAME: Allister Muir
PHONE: 902-752-7877
ADDRESS: 243 South Foord St, Stellarton, NS, B0K 1S0

I respect all people I deal with. Be careful of this guy. He is also an outspoken unregistered gun enthusiast who laughs about his brother Hugh, a police officer who he claims will not obey his duty of arresting a known criminal.

 

More internet intimidaters... telephone tough guys. You stuck it to him with the refusal to cancel, so he ate the final value fees. You can also still leave feedback. So do it and move on is my advice. I guess we appreciate the warning... but there's a thousand more just like him, & if we play the eBay game long enough, we all get screwed eventually.

 

I don't entirely understand. If it is/was your collection, how did you let that happen?

I've taken that approach, except it's relatively easy to swap items of a higher grade or quality for those few pieces that upgrade your collection.

Maybe you can attempt a few bulk swaps for a couple of quality pieces?

 

I see now....

 

It is easier to just dump the junk at a show then on eBay and you should get about the same money. Just don't take the first offer . shop around to get a few offer then pick one

 

I purchase a lot of coins from ebay and haven't had much issue. I would recommend that anyone who has low valued coins should consider local auctions in their areas. You will probably need to pay 10% to the auction house but the folks at auctions are quite live. I've been amazed at the prices that folks will spend on low valued coins. On the other side, it isn't a good place to sell higher valued coins. It is here that you can make some good buys; probably not good for the seller though.

 

I consigned 20+ common date Morgans (MS63&64) to a member on the NGC boards who is selling them on eBay. He has a huge following. The difference in me selling them and him selling them is 5% when you consider selling fees and his commission. I thought 5% was a reasonable fee to pay to avoid the headaches of selling them on eBay.