Ebay Delemma

Discussion in 'Coin Chat' started by codydude815, Nov 8, 2007.

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  1. codydude815

    codydude815 Wannabe coin dealer

    Eyesee, I sell on ebay under my dad's account that he doesnt use. Mid West Numismatics is just the name of my store.
     
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  3. codydude815

    codydude815 Wannabe coin dealer

    Ok, I have had so many different responses to this, ill make a poll for it.
     
  4. codydude815

    codydude815 Wannabe coin dealer

  5. coleguy

    coleguy Coin Collector

    Guess it's time to sell some coins or that new amp to get the money. I know it sucks, but thats just life in the real world, whether it was your fault or not. My kids are both 14. If it was them, I'd probably give them the money and set a timeline when they had to pay me back by doing various chores around the house, or for other family members.

    It's a tough lesson to learn, but it won't be the last one either. Just wait till you're several hundred thousands in debt with a home and vehicles and...gasp...kids! This is a walk in the park bro :)
    Guy~
     
  6. mralexanderb

    mralexanderb Coin Collector

    If another coin buyer wants to return a coin he purchased from you the maybe you should consider selling off your coins to repay these people you owe before you get deeper in debt. As for your Merc Proof buyer, he bid on and expected a Merc Proof and should either get one or get his money back from you. I would like to buy all the coins I desire but that's not possible. I think you should get this behind you and enjoy the coins you have left for a while.

    Bruce
     
  7. Eyesee

    Eyesee Member

    Cody the fact remains you are only 14
    You cannot sell on EBay unless you are 18.
    The fact that you are using your Dad's account is irrelevant
     
  8. codydude815

    codydude815 Wannabe coin dealer

    Eyesee, your the only one here with an open problem about it. I know many people who do exactly what i do.
     
  9. Eyesee

    Eyesee Member

    Breaking the rules just complicates the issue


    BTW are your parents aware of this yet?
     
  10. cykopat

    cykopat New Member

    As I said, it's best to have Cody make this guy happy or call is bluff before eBaY gets involved and finds out his age. That is if Mid West is Cody.

    Cody, I hope you appreciate all this free advice your receiving and you are receptive to it. because I would guarantee that a high price was paid for it by the good folks sharing it.
    One more thing, next time you sell something, post it here first.. Then you can enter the auction with a little more confidence about the coin.
     
  11. ziggy9

    ziggy9 *NEC SPERNO NEC TIMEO*

    If the account is set up in your father's name with his knowledge then he could be held legally accountable for your actiions. The least you owe him is to let him know the bind you may have gotten him into and let him help you to decide what to do. If a parent is party to a minor's actions then they may be held accountable for them. If this guy decids to persue this he may go after your father since he has the pockets that can pay out.

    Just my opinjion
    Ziggy
     
  12. Speedy

    Speedy Researching Coins Supporter

    Cody,
    Eyesee is not the only one with a problem with that---if you are useing your dads account then he needs to know and be helping in every thing that happens with that. Breaking the law is not right--

    There are not many different responses....there is really only 2...send the guy the money back or don't. That isn't hard and it should be clear for you to see what one to do. If you can't see the way then I would strongly suggest you quit selling on ebay, you take some major classes on how to manage money, and also start to learn about how to run a working business. (might be a good idea to do these things even if you can see the way)
    I co-own a hosting company---while it is alittle different than coins we still have to work all the time to make sure the client gets what he ordered. If he doesn't get what we told him we would give him for his money, then he gets his money back. It doesn't matter if we have the money in the bank or not....if the business doesn't have the money it comes out of the owners back pockets. To run a business you have deliver what you promise.

    Put yourself in a problem such as this---you went out and bought a coin that was said to be an MS67. You get it and it is dull, has been over dipped and at best an AU58. Now you had paid around $250 for this coin because you knew that at MS67 it would be worth it. You don't really collect this coin but you liked the looks of it, and well the seller had good feedback and seemed to be a good one. Now would you want your money back?

    amen.

    Speedy
     
  13. DJCoinz

    DJCoinz Majored in Morganology

    You are mistaken, sir. Look up the rules for yourself.
     
  14. codydude815

    codydude815 Wannabe coin dealer

    Ive been talking it over with a really good friend of mine (he collects coins to, and he got me much more involved with it) and ive decided to refund this guy 220. The final sale price was 234, and he got priority mail. So, i figure 220 will keep me covered from fees and shipping.
     
  15. codydude815

    codydude815 Wannabe coin dealer

    And yes, you are correct Daniel. The rules state that you have to be 18 to CREATE an account, not to use one.
     
  16. Eyesee

    Eyesee Member

  17. DJCoinz

    DJCoinz Majored in Morganology

    Mid West is Cody and ebay cannot do a thing because the account IS IN HIS DAD'S NAME. Look, I know as a FACT via communication with ebay's help and support team that if the account is in your legal guardian's name and if they supervise what goes on with the account, it is perfectly legal for someone under 18 to buy and sell on that account. End of story, not an issue.
     
  18. rlm's cents

    rlm's cents Numismatist

    While I agree with Speedy's post, but there are some differences between his examples and this situation.

    The first is at least 5 weeks. If you bought a car from a dealer, how long do you expect to be able to keep it before they will not refund your entire cost? I do not think that there are many dealer who would refund it after 6 weeks.

    At this stage, the buyer has proven nothing except that he wants some money. Until he has such proof and Cody can knows that it is THE SAME COIN HE SOLD, Cody should make no promises.

    Virtually every seller on eBay states "Removing coin from holder you receive it in voids return privilege" or similar. There is a valid reason for this. There is also a time limiit, although receiving a business strike in stead of a proof would probably void the time limit.
     
  19. DJCoinz

    DJCoinz Majored in Morganology

  20. asciibaron

    asciibaron /dev/work/null

    in your opinion that's the right thing to do. i believe that the eBay ad was not clear and might have been setup that way on purpose, BUT, it's the buyers responsibility to know what he/she is buying, right?

    the buyer got burned because he was greedy - bought based off of the description and not the coin, and then came back over a month later crying about the coin? Cody made money on something because it was an auction and the market decided the price, not Cody.

    if i was Cody's father, i would be mad, i would not allow him to sell anymore coins for quite some time, but i would not refund the buyer money. it's the buyers job to know what they are buying, right?

    -steve
     
  21. DJCoinz

    DJCoinz Majored in Morganology

    Cody, IMHO if you're going to refund him you have to make this guy show you some proof (no pun intended) that the coin is in the same condition as when you sent it and that he actually did send it to PCGS before you accept it back or refund his money.
     
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