eBay obviously doesn't care about counterfeits!!!

It is. But..........we've been hearing about $5,000 gold way before the recent turbulence........or at least I have. A gold bug told me 2 years ago about $3,000 gold. I laughed. But I'm still holding and grinning.

 

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I know. My Bro'-in-law told me some years ago about gold rising, so he sold. He probably should have held off.
I'm in a win, win situation. I only have one Gold coin and paid $300 for it. 1/4 oz. and some 14K jewelry that I got for a good price also. How is 14K gold valued because it isn't 99.9% gold?

 

14K would be 14/24 or 7/12's or .5833 pure

 

My impression is that lower-purity gold is priced by actual gold content without much of a discount, unlike silver. Gold is easier and cheaper to refine (more dollars recovered for a given amount of energy/time).

 

Not just the actuaries but I'm guessing a legal team that has their defense against a class-action lawsuit all set to go. I'm not sure why PCGS or NGC hasn't gotten involved, with all the counterfeit slabs that regularly appear there.

 

Unfortunately for you and me they have more money to throw at attorneys.

 

Ebay will be more likely to outright ban selling coins than try to police it if they were forced to control something. In the end the buyer has to be smart. If you're not smart, youre going to lose money. Simple rule. Expensive things are expensive. You're not going to get a cheap deal on anything real.

 

Even in the early days of Ebay, it was tough to get a listing taken down.

 

It just brings more scammers to the site selling damaged coins as errors. It's sick and not appreciated as I see from the group. The only thing I can say is "buyer beware" and to stay away if you feel worried about getting anything from Ebay. I've tried nicely to get sellers of these "damaged" coins to take them down with a lot of jerks just flat out saying "No." They know they can get away with it now and just are out looking for suckers to bite and then they profit. Isn't how it works sometimes there? I haven't bought anything there in some time because of all the shenanigans going on.
I consider myself as a novice buyer and collector compared to some of you and have been collecting for over 50 years. I can imagine how newer collectors feel about getting ripped off on Ebay w/o luck getting their money back when something goes wrong. Is there a safety net when buying there through PalPal still. I haven't used that in years either.

 

Well..........as a general rule. However, I broke that rule two months ago on two raw coins and posted about it here. PCGS validates this.

 

I really wish that you could block sellers on eBay unfortunately you can't so I have to keep seeing this garbage every time I go on.

 

You can do custom searches to exclude a list of sellers. It's not as good as a block list, but it helps.

 

Actually you can. I went through the process. But eBay makes it so tedious that it's easier to just skim past the junk sellers manually than try to use their app tools. If you are a frequent flier on eBay, you know immediately to just blast on by their garbage listings.

 

A bit late for me to post but i'm shocked that China is weathering the fake coins. I haven't looked for a couple years but was back tracking to see something I bought a while ago.
Its not just the used look that they are doing but they are punching out not so rare pennys. 1909 S 1911S and 1922 D etc. etc.

Who ever posted there are way more fakes than real pennys is right.
I no nothing about metal in the stock marrket but the real pennys have doubled in price is it because of the China fakes thats driving up the prices?

 

I found this. I actually bought a counterfeit Indian head and got a refund.


jonathanbrightlight
Rockstar
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‎05-30-2025 06:33 PM

eBay does not allow the sale of any counterfeit, including coins. But none of those sellers of counterfeit coins are advertising them as counterfeit. They’re listing them as legitimate coins, but actually shipping counterfeits. If and when customers report that and get refunds, the counterfeit sellers end up getting shut down at some point, but it’s a game of whack-a-mole. Another one is always popping up. In fact, there are probably multiple sellers that register and begin selling what ends up being identified as counterfeit coins for every one that gets caught, at least in recent years.


Could eBay do something about it? To a point. Sure, they could ban Chinese sellers from offering US coins at all, but it’s not like plenty of US money hasn’t traveled abroad, including to China, and there are many legitimate collectors located in China. I’m sure the situation could improve, and I won’t be surprised if eBay makes some type of change at some point to address this type of problem, but I’m also confident many sellers will come here complaining, some of who will be legitimately caught in the crossfire without actually doing anything wrong themselves. It’s just the nature of trying to fight fraud and scams. Every time you make progress, there’s another setback.


People have been scamming people since the beginning of time, and people have been falling for scams since the beginning of time. There’s only so much you can do about it.