Legality of selling "unsearched rolls"

If eBay even cared...

Surely there is SOME way to report the sellers for fraud? Can it be proven by the pictures of the rolls that they are not original bank rolls? But then again, they are not actually claiming that they are original, only "unsearched".

Could we not have eBay or law enforcement question them as to where they acquired so many of these "unsearched" rolls?

It's a hopeless cause, but I just saw another auction this morning and it just pushed me over the edge.

If NOTHING else, could we not post a thread on eBay's forums warning newbies about such auctions? Perhaps there are some already there.

I guess that naming names ("InfinityCoins") would not be allowed on eBay's forums?

</soapbox>

 

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"'Everything that needs to be said has already been said. But since no one was listening, everything must be said again." - Andre Gide

 

Suspicious that in the item description the seller states Mercury Dime

 

Good catch.

Look at his positive feedbacks... scroll down until you see (or search for) "reedededge.com"...

The seller for that feedback was "treliquidators", so doesn't that mean that "infinitycoin" was the buyer and used "reedededge.com" in his feedback message...?

 

Why don't buyers and sellers who use eBay urge them to ban the use of the words "unsearched" and/or "original rolls" anywhere in their item descriptions?

Chris

 

I am with Reeded Edge. treliquidators is an ebay account we use to blow out junk.

We have no affiliation with "infinitycoin" and do not buy or sell any of the fake "unsearched" rolls that are a known ebay problem.

 

The person in question bought a lot of 25 low grade Indian Cents from us. We left him feedback for the transaction. That is the extent of that. I had no knowledge of what the buyer may be doing with the coins he is buying.

 

Unsearched can mean different things to different people. If I roll up my loose change and try to sell it then it is unsearched by me. For all I know there may be an error quarter in it. Does that mean that no one has looked at those coins before me? Also, if I sort my wheats by date but don't look at them further are they unsearched? I don't think I searched them, but I did sort them, and I bet someone searched them for 1909D VDB before they got to me.

 

I have seen these types of auctions. And in many of them, they are "unsearched" and yet there is an Indian Head Penny at the visible end of the roll. So if you have to seed the roll, you aren't closing your eyes when you put an IHP at the end of the roll. Often it will be a 1909 or 1908 obverse luring the buyers that it "could be an S".
Likewise they will show a wheat reverse with the VDB showing........
These rolls go for many times their value since they are presumably stuffed with worthless circulated wheats from the 40's and 50's, with maybe 1 thrown in from the 20's or 30's and the ender.

 

Just to be on the safe side, I have done business with The Reeded Edge and they are terrific to deal with and the purchase I made is a prized possession.

Please don't leave here with the impression that they are involved in this "unsearched roll" activity - once a name is associated with something it can be hard to remember that the original implication was not quite accurate.

Regards,
Ron

 

I agree with Ron. I have purchased from reeded edge and they are very ethical and honest.

 

Yeah, it's rather bothersome that The Reeded Edge has in some way been associated with an Ebay bottom-feeder. One is an absolute top-tier dealer with national repute and reach; the other....is not.

"Unsearched" rolls are one of the more vicious takings of advantage to be found on Ebay, but in the grand scheme of "what must be fixed for Ebay to be completely worthwhile," it's an issue half a dozen down the list.

 

@Shortgapbob thanks for the reply. I know that The Reeded Edge has a stellar reputation and I don't want you to think that I was in any way thinking badly of your store.

I was implying that they were impersonating you in order to seem more respectable. Sorry if I came across otherwise.

 

In my experience and humble opinion, because EBay listens to no one!

 

So, do you think that eBay came up with the idea of disallowing sellers to advertise the grades of coins that were not graded by the major services?

Chris

 

The Reeded Edge is top flight.

 

Ebay listens to money.

 

To try and stop people from buying them would be akin to trying to stop those same people from buying a lottery ticket by showing them the odds of winning. Someone, somewhere, beat the odds once, so they believe that they can too.

 

This is really our own version of lottery tickets. Sure, they may be "fun" for some, but is, and by design, aimed at the least educated/familiar among us. It's one thing if someone who genuinely understands what they're getting into buys one, but a vastly different story when purchased by one who buys the hype.

As for "fraud", I fear this is a situation where proving the obvious is difficult if not impossible. Add this to the fact eBay profits because of it, and one can quite reasonably expect this type of offering to be around for years to come.