BBkingdom1: "Multiple coins available."

I will also add, that most dealers I know only pay bullion value for MS69 ASEs. The MS69 grade means nothing on them, it is only a selling gimmick and for people who want sets.

 

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I had this happen.

I bought some RAM for some crap computer I got on Ebay and you needed two for it to work. The picture showed two, I only got one. I left Ebay for 8 years. You should tell Ebay or they can lose customers.

 

How can the grading services be held responsible for this failure? How can we expect them to control any seller for being greedy, dishonest or just plain stupid?

Chris

 

8 :thumb:

 

With all due respect, Gary.. the seller has every right to offer his coin in whatever manner he so chooses. It appears that the NGC Franklin halves he is offering are priced below other "buy it now" coins available, so in ebay-land he is giving a valid option to bargain hunters such as Detecto. It is within reason to believe that if the seller were to list every coin separately, he would have to adjust his prices accordingly. Is it so wrong for him to offer in a way that helps his prices to be competitive? He is not putting a gun to anyone's head and forcing them to buy. To think that someone else should "do something else" simply because you disagree is ridiculous.

It is clear that this guy is sitting on a number of these common generic graded coins, and I do not blame him for wanting to clear inventory as soon as possible. There is nothing wrong with undercutting the competition and unloading before easily achievable prices (probably) drop.

Which is your right, sir, and is being a smart buyer. Detecto was not and chose to ignore the obvious.

And a very respectable practice this is. I am sure your buyers appreciate it.

Flawed logic, sir. Just because you choose to run your business one way, it does not allow you a right to expect others do the same. If you do not like how someone offers an item, fine. No one is forcing you to deal with them.

 

The only time this is acceptable in my opinion is if the seller is selling raw ungraded coins. eBay's terms are pretty clear, if it's slabbed by a TPG, then you must include a picture of it and display clearly what they have outlined. Cancel and report to eBay so the seller changes his future listings.

 

I agree with this 100%. In fact I'll give a completely opposite side to Detectos. This same seller had ten '54 MS65 Washingtons listed at a very good price. I bought one and when I made my payment I messaged him to pick me out a nice one and if I was happy I would be a repeat customer. I like the coin and he's on my favorite seller list.

 

The fault with your logic is that your misusing the term "generic".


1. Generic as in something without a BRAND name. Such as "generic cereal" or "generic drugs".

NGC is by all means a "brand name" and is by no means generic.

http://www.ngccoin.com/legal.aspx


When you say "buying generic"...the only thing that would come to mind in the numismatic world is buying bulk lots of coins.

If a eBay listing said "Random Indian head penny", then no, you would not have to photograph each one. The buyer expects receiving whatever, unless there is a descriptor such as "grades fine and above", or "all are cleaned".

That narrows it down...somewhat.

The problem in the numismatic world is that almost all coins look different.

Unless we are talking about PF70 proof coins, since they are supposedly identical because they are free of error.

So when you buy a slabbed coin, you expect to buy the coin photograph.

While all MS64 coins meet the requirements for MS-64, not all LOOK the same.

Some can be blast white.
Some can be toned....
...and some can look like complete dreck with horrible eye appeal.

So when a seller has say 5 1958-D Franklin Half Dollars, that are all NGC slabbed as MS-64, do you think they should list each one?

Yes. Because when that buyer sees the photo, they want THAT coin. They do NOT want to buy a coin sight unseen, because they can receive a coin that is absolute dreck. Maybe they are collecting all blast-white coins, and do not want a coin that has toning.

Not only that, it's also against eBay policy:

"In addition, listings for certified coins must include an image of the item, "

 

[FONT=&amp]

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“Generic" was correct in the context in which it was used. The listing was for a GENERIC NGC MS64 Franklin. Dictionary.... USE IT. Also, NGC is a brand name? Wow! Without you I never would have known. Dectecto, your brilliance has once again outshone the sun.

Oh... so like how this seller was clearly offering Random NGC MS64 Franklins? Thanks for clearing this up.

"Descriptor": something (as a word or characteristic feature) that serves to describe or identify.

I count at least four "descriptors" in his listings that identify it as a generic offering:[/FONT]

[FONT=&amp]1) Number of coins available
2) Number of coins sold
3) “Multiple coins available”
4) “Some coins may have light toning”

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[FONT=&amp] So what was your point again?
[/FONT]
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So no one ever wants a sight unseen coin? Regardless of what you may want to believe, coins are regularly traded sight unseen. Ever heard of a little something called "bluesheet"? If not, here is a link for you:

[/FONT][FONT=&amp]http://www.greysheet.com/cdn/blueuse.asp[/FONT][FONT=&amp]


If you want the price of a coin offered sight unseen, you should also be willing to take the risks. Man up and admit that the price is what drew you to his listing and not the coin in the photo. Stop making excuses. If you do not want the coin, return it and be done with it Mr. "coinbuyer2012".

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Do you really want to talk about dreck, Dectecto? If you think it acceptable to refer to the coins of others as dreck, it is only fair to share some of yours:

http://www.cointalk.com/t198502/


If you want to talk about violating ebay policy and unethical behavior, here are a few links you may find interesting...

http://www.cointalk.com/t198982/

http://www.cointalk.com/t197457/