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<p>[QUOTE="RaceBannon, post: 952435, member: 25357"]Race's Rules for buying coins on EBay:</p><p> </p><p>1. Educate yourself about the coins you are seeking. Know how to grade the coin that is being offered. Know how to spot a cleaned coin. Know the retail (red book) and wholesale (greysheet) prices for the coins you are considering.</p><p>2. Study the photos to determine the grade and hence the value of the coin. If the photos are blurry or lighting is bad, stay away. You can probably eliminate 30-40% of the coins out there using this simple rule. You can usually tell a cleaned coin if the photo is decent.</p><p>3. Educate yourself about the seller. Check his feedback rating. Use Toolhaus, that is a great site that has been recommended to me by others in this forum. It gives you more insight into real feedback. Feedback is there to protect the buyer from unscrupulous sellers. If I see more than one or two negative feedbacks in the last year, I stay away.</p><p>4. Ensure you buy from only sellers who have a return policy. This is your out. Coins will often look different in hand than they do even in the best photos. If you get one you don't like, send it back. Often you have to pay return shipping, but that's pennies on the dollar and well worth protecting yourself from getting ripped off.</p><p> </p><p>If you follow these rules you can have a pleasureable experience on EBay, and even come out ahead. I like the challenge of it, the roll searcher analogy is a good one, there are lots of dirtbag sellers out there, your challenge is to wade through them and find the good deals. There really are some great deals and a lot of good, low priced coins out there on the Bay. By following the rules above you can stack the deck in your favor.[/QUOTE]</p><p><br /></p>
[QUOTE="RaceBannon, post: 952435, member: 25357"]Race's Rules for buying coins on EBay: 1. Educate yourself about the coins you are seeking. Know how to grade the coin that is being offered. Know how to spot a cleaned coin. Know the retail (red book) and wholesale (greysheet) prices for the coins you are considering. 2. Study the photos to determine the grade and hence the value of the coin. If the photos are blurry or lighting is bad, stay away. You can probably eliminate 30-40% of the coins out there using this simple rule. You can usually tell a cleaned coin if the photo is decent. 3. Educate yourself about the seller. Check his feedback rating. Use Toolhaus, that is a great site that has been recommended to me by others in this forum. It gives you more insight into real feedback. Feedback is there to protect the buyer from unscrupulous sellers. If I see more than one or two negative feedbacks in the last year, I stay away. 4. Ensure you buy from only sellers who have a return policy. This is your out. Coins will often look different in hand than they do even in the best photos. If you get one you don't like, send it back. Often you have to pay return shipping, but that's pennies on the dollar and well worth protecting yourself from getting ripped off. If you follow these rules you can have a pleasureable experience on EBay, and even come out ahead. I like the challenge of it, the roll searcher analogy is a good one, there are lots of dirtbag sellers out there, your challenge is to wade through them and find the good deals. There really are some great deals and a lot of good, low priced coins out there on the Bay. By following the rules above you can stack the deck in your favor.[/QUOTE]
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