I was looking at a coin on Ebay and he wanted to work a deal outside of ebay to save on fees, I contacted ebay and I got this message today 260604252781 - NICE 1916 D TEN CENT MERCURY DIME KEY DATE COIN We strongly recommend that you do not complete this purchase. Purchases of items listed on eBay but then completed outside of eBay are extremely risky. They are not covered by eBay buyer protection programs and are highly susceptible to fraud.
I agree! That is an expensive coin, and you have no protection if you pay & get nada, or a big old fake.
It was in the early stages so I was just bidding to say I bided lol...........I am waiting on the 1916D until one day when I can afford a really nice one. Just think its a shame people have to try and pull that crap..........Big long story about how it will save him alot of money and that he will knock $10 off since I am saving him money:bigeyes: On a side note I know my card dealer did that all the time, he would give discounts for doing it outside of ebay. I know he never scammed anybody but I still wouldn't take my chance with anybody else.
If it is someone I know, I prefer to work outside of ebay. Saves huge amounts of fees, and usually they will pass that savings along to me.
I also ask some of my customers to deal outside of ebay, about half of them actually do. No complaints yet!
but as frank said you got to know them before you deal outside. and yes i have done deals on the outside. thats outside ebay . that all most sounded like something else for a minute lol.:kewl:
Without prior experience with this particular seller, and judging on what I've read and heard about off-eBay transactions, I'd say eBay has a good point. However, all transactions have some risk. IMO, the key is understanding the level of risk in any transaction, mitigating the risk, or deciding not to transact. For instance, for every $1 I've spent on eBay, I've spent $100 outside of eBay direct to dealers and collectors with nothing more than an e-mail/PM and a promise. Every transaction has been smooth (and the one sticky situation was settled in an amicable and fair manner). However, I consider very carefully who I'm dealing with in case the deal heads south. Deal with shady people (for instance, those who would seek to skirt eBay fees), and you're self selecting for failure. Deal with select, well-known, stand-up collectors and dealers and you can transact with great confidence. The real challenge is knowing the difference. All of the above IMO & respectfully submitted...Mike
ebay or no ebay, remember that your discussing one of the most counterfeited coins of all time. Some are so good many dealers have been fooled. I met one dealer that was in the buisness for over 50 years and he bought one he swore was the real thing and it too turned out to be a fake. With that coin I'd even wonder if a TPGS could be fooled.
I am a little surprised that so many are stepping up and saying they do the same thing (as buyer or seller). As a seller, I agreed to the fees upfront, though I tend to think they are getting to high, and as a buyer, I have ZERO protection if I go outside of Ebay. I would tend to question the character of one who routinely puts an auction up on Ebay with no intention of finishing the process through Ebay. There are lots of free outlets on the internet to use to sell a coin and others with lower fees, but it seems dishonest to use Ebay to get the auction exposure and then cut them out of the deal. I think if someone buys a coin outside the system, they deserve whatever they get.
It's not weird. When you signed up with ebay you agreed not to do off-ebay deals for items listed on ebay. And if ebay finds out you are doing so you can be kicked off of ebay. Your contacting ebay about doing this deal could get the seller booted.
