Ebay Fake Listings

Discussion in 'Coin Chat' started by HardTruths, Feb 18, 2016.

  1. Kellen Coin

    Kellen Coin YN With MANY Coin Accounts

    Well, I am pretty sure you can comment/question the item. Simply make your case there.
     
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  3. jwitten

    jwitten Well-Known Member

  4. tommyc03

    tommyc03 Senior Member

    That listing was removed so someone must have gotten through to Ebay or the seller. In the end we are the only real watchdogs for our precious hobby and we have to carry the torch. Ebay is just too big a company to have any really knowledgeable phone help to understand each and every hobby and it's intracacies. These people manning phone banks there are just regular Joes like the rest of us. They have a guide book that is pretty generic just like when you call a computer company asking for help. So, like someone said earlier, if you have the knowledge and are very sure someone is trying to pass off a fake or is using deceptive advertising, keep moving the ante upwards, even to the Secret Service if you keep seeing these things happening. We may do some good, we may not, but we will have the satisfaction of knowing we tried. And if you are in doubt about what you see then bow out of buying. Ebay will not tell you about the outcome of what you report due to their privacy policy but they are obligated to check into complaints. But that does not mean you have failed in your attempt. If the item comes down then you can be pretty sure they got after that seller. If not then up the ante. All we can do is try. This ad below came to me in a catalog recently and screams deceptive advertising and is a good example of why not to buy from sellers that do not have decent ethics. "This coin is pure 24K gold". It was originally made by a private mint and is not actually being sold by them but by a wholesale dealer of all sorts of products. img239.jpg
     
  5. Santinidollar

    Santinidollar Supporter! Supporter

    What could be wrong with it? It's "As seen on TV!":wacky:
     
    tommyc03 likes this.
  6. baseball21

    baseball21 Well-Known Member

    As much as I dislike the word play, my sympathy is kind of non existent if someone doesn't use common sense with a supposed pure gold coin for under 20 bucks.
     
  7. tommyc03

    tommyc03 Senior Member

    My major worry is for newbies. Over the years I have tried to lead them in the right direction but "A fool and their money, soon part ways". So, at least I can't say I did not try to help in some small way.
     
  8. Santinidollar

    Santinidollar Supporter! Supporter

    One of the problems I see with newbies that have been burned is that they are trying to make a "financial killing" with a purchase rather than sensibly building and enjoying a collection.
     
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  9. baseball21

    baseball21 Well-Known Member

    Which is likely who the word play is targeting as everyone else will either like it or they won't. That said though its 2016 information is far to available and even the news talks about commodity and metal prices sometimes. Everyone should know gold isn't that cheap...yet anyway.

    The real problem with the ad is it plays on greed. People see a huge windfall coming from it and ignore all common sense
     
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  10. Santinidollar

    Santinidollar Supporter! Supporter

  11. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    May god forgive me, but at least with the supposed 33 Saint, if these "buyers" actually believed they were chasing the real deal, they deserve whatever they get. I dislike the underhanded nonsense as much as anyone, but we must be realistic here... we can't fix stupid. The time comes when we all must grow up, be big boys and girls, and use our brains before we offer to plunk down $1250 or more on something we don't understand.... or, even more likely in this case, do understand and by choice are chasing a dream (aka gambling).
     
    Santinidollar likes this.
  12. chascat

    chascat Well-Known Member

     
  13. chascat

    chascat Well-Known Member

    That listing for a 1964 SMS kennedy half is still current, check it out.

    Chascat
     
  14. tommyc03

    tommyc03 Senior Member

    I couldn't get it to show, sorry, I'll try again.
     
  15. tommyc03

    tommyc03 Senior Member

    It did show this time, looks like a normal strike to me. Def. would not buy this unless it was graded by a TPG and have to wonder why seller did not pursue this avenue. Seven feedbacks and only one listing with poor photos would automatically send me away from this.
     
  16. HardTruths

    HardTruths Member

    I noticed that he removed all 5 of his gold coin listings. No doubt because of the bombardment of messages and reports of unfair practices. Great Job all!!!! The thing that gets me the most is the photo shopping of the word "copy" on the coins as well as his description on how he has "kept them protected in capsules for years". . He deliberately wanted to mislead buyers and he should be banned for that!!!!
     
    JPeace$ likes this.
  17. chascat

    chascat Well-Known Member

    Tommy, Read further toward bottom of listing, A nice note from Jamie Hernandez which I read about a year ago...at bottom of page, seller will offer 3 of these coins for $ 1500.00. I think he bought a unc. roll of B U 64,s and is trying to pay his rent! Thanks for the input,

    Chascat
     
    tommyc03 likes this.
  18. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    http://www.ebay.com/itm/1964-50C-SM...590303?hash=item2eebdc791f:g:FAwAAOSw~OVWxWLG

    Red flags, absolutely.... but "fraud"? It is all too easy to forget ebay is nothing more than a large online yardsale, and this is key here.

    To make a point and use this very board as an example: how often do we see people here who insist their coin is something that it's not? Hell, within the last couple years I remember one fellow who insisted he had 1962, 1963, and 1964 SMS dimes, and this is aside from however many thought their 64 half was or could be SMS. How often do we get questions from those thinking their 22 Peace is a PR? I could go on and on, but the point is that with ANY coin where there is a very specific type/edition/striking/whatever worth a great deal more than the similar looking common versions, you're going to have people convinced theirs is the former; it's human nature. If one wishes to deal with knowledgeable professionals, they don't drive around looking for cardboard signs nailed to telephone poles, so is doing the equivalent on ebay not considered to be equally as foolish? After all we're talking about a coin which very few non specialists would be able to properly identify.

    I'm sorry, but if this fellow is trying to fraudulently pass as SMS what he knows is not, perhaps he deserves a little pity; let's just say his light isn't shining very brightly.
     
    tommyc03 likes this.
  19. chascat

    chascat Well-Known Member

    That,s a good way to put it. I still get a good laugh from stuff like this, but I hope some unsuspecting buyer doesn,t get hurt in the wrong end from it. By the way, I,d love to see a single graded example of this nearly unique Kennedy. That alone would surely make my day!

    Chascat
     
  20. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    I got a chuckle as well, but only wanted to put it in context. The lack of intent certainly wouldn't mean squat if someone was to bite, but on the other hand, buyers have to start accepting some level of personal responsibility. It would be nice if one could buy whatever without the worry of there being something wrong with it, but this simply isn't what happens in the real world. Much more often than not, the so-called unsuspecting taken by similarly questionable offerings took the baited hook for one reason and one reason only.... money. The shysters exist because so many buyers/collectors refuse to accept the fact that they don't know it all, or refuse to pay the sometimes token amount more it would take to acquire from a reputable source. Really, it's a vicious circle with one side feeding the other.

    Anyway, as for wishing to see a graded example, just the other day a fellow member posted his.... :)

    https://www.cointalk.com/threads/po...but-just-dont-care.274810/page-2#post-2349337
     
  21. jwitten

    jwitten Well-Known Member

    I do not think newbies falling for these listings is because of their greed for a major win, or whatever some of yall said. These were true auctions, meaning the price paid might be what a real one would cost anyways. I have been burned on ancients I've purchased being fake simply because I am not an expert in them. Everyone is new at some point, and can easily be fooled, even if they are going to be paying full price for an item.
     
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