Been sold counterfeit coin

Discussion in 'Coin Chat' started by Vegas Vic, Jan 10, 2014.

  1. rzage

    rzage What Goes Around Comes Around .

  2. Avatar

    Guest User Guest



    to hide this ad.
  3. Vegas Vic

    Vegas Vic Undermedicated psychiatric patient

    In all fairness the 1909 s pcgs 63rb sells for $350. I got $300 back. So there is a limit of $350 exposure. This is why I bought the roll it was not a $1009 dollar bet but a $350 bet. I wonder, though. Why put one fake end roll coin and not the other?

    I know statistically speaking odds are the guy suffers from anhonesty but I'm actually curious to see what happens with my other pcgs submissions. If there was one real one maybe there are a few more. Who knows. But this little adventure was actually fun and worth the outstanding potential loss. I talked to coin guys from all over, got legal advise from my sister, negotiated a deal with the seller and got a fair amount of entertainment from the still unfolding drama. Next chapter will be the ihc's still pending. Who knows maybe one or more could even be real.
     
  4. bkozak33

    bkozak33 Collector

    I still hope you leave him a negative feedback, explaining he is selling fake coins
     
  5. rascal

    rascal Well-Known Member

    even though PCGS is a good TPG I would not totally believe them and get a expert to examine the coin close up. If PCGS goofed it up and a coin expert say so then PCGS may still slab the coin.
     
  6. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna


    Plausible deniability.

    Considering the price paid, the seller could easily afford to throw a $350 or so retail bone; after all, you spent over $1000 so everything beyond what he paid for the 09-S L1C (likely much less than $350) is gravy. Plus, and as said before, he must walk a thin line to protect his business. Had both end coins been counterfeits sandwiched genuine widgets, it would be very tough for him to claim that he didn't know, especially when you consider that obviously salted and self-made rolls seemingly represent a large part of this man's business. For what it may be worth, there is at least one other roll with a "RD MS IHC" showing on the end that looks most certainly counterfeit. The G$2.50s as end coins, especially the "D" (he's hoping for someone to hope that it could be an 11 strong) just go to prove the point even more. I have my fingers crossed that the rest of your sub turns out better, and very much respect your attitude, but do hope that in the future you accept these rolls for what they really are; sucker bait.

    Just for future reference if you still believe such rolls have any chance of being real, and even if the supposed bank's name passes the test, some sellers that print bank names on wrappers will at times use a font design newer than could possibly have been used on a roll of the supposed age.
     
    BUncirculated likes this.
  7. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    Good point, but the "twist-n-crimp", when used alone does not produce ends that look those commonly shown on salted rolls; it's not a simple press down, twist, and voila type thing. However, what this tool is very good at doing is giving a more uniform and finished look to rolls that have been hand crimped and is surely used often.
     
    BUncirculated likes this.
  8. Vegas Vic

    Vegas Vic Undermedicated psychiatric patient

    Follow up.


    Full refund.
     
  9. C-B-D

    C-B-D Well-Known Member

    Including your grading fees?
     
  10. definer

    definer definitely....! LOL

    Good for you!
     
  11. Vegas Vic

    Vegas Vic Undermedicated psychiatric patient

    No but I'm good with the outcome
     
  12. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    While I am glad you were refunded, may I ask the circumstances under which it was given? Did the seller simply offer the refund or was he forced to do so? On January 11th you stated that the seller refunded the $300 you asked for, so I assume this time it was for the entire purchase; if so, what happened to the 09-S Lincoln you submitted?

    This is a worthwhile subject since, unfortunately, it seems that many of ebay's worst sellers also happen to offer some of the best return/refund policies, and while appearing as good business on the surface, has everything to do with self-preservation.
     
  13. bkozak33

    bkozak33 Collector

    did you still leave negative feedback to warn others?
     
  14. BadThad

    BadThad Calibrated for Lincolns

    Lesson learned on ebay "unsearched" rolls.
     
    BUncirculated likes this.
  15. Sean the Coin Collector

    Sean the Coin Collector Active Member

    did you at least get to keep the 1909 S for your troubles ??
     
  16. 19Lyds

    19Lyds Member of the United States of Confusion

    Federal Public Defender is different the a Federal Prosecutor as the Prosecutor must PROVE the case and I'll stand by that I don't think there is an avenue to pursuit here.
    The prosecutor would have to prove that the seller "knew" the coin was a counterfeit AND the coin would have to indeed be a counterfeit.

    Now, if he resells the piece if and when its returned, then that would be a different story but again, one would have to "prove" that its the same coin.

    This is a lot of "proving" (and costs) for a single counterfeit coin.
     
  17. Vegas Vic

    Vegas Vic Undermedicated psychiatric patient

    Interesting first after I opened the case eBay told me it was past 30 days so there was nothing they could do. I got 300 after sending pics of the counterfeit in the pcgs flip. Then I waited for the rest of the coins. While waiting the guy said it was unfair for me to wait
    Because he could not get his money. Very interesting because eBay said they would not be financially involved.

    I told him the coins would not grade before my 60 day limit occurred that would prevent me from giving him a neg. I told him I would neg him and then fix it if it was ok. He then offered the full refund so I sent him coins but the few, niceish ones were not back I just sent him the rest and got my remaining money refunded. So I got to keep the unc. At/qc Indians, that came back later. So I gave him no money and kept 2 at Ind's that are unc details.

    There was another guy I bought a roll from and had an unc 1860 1c at the end. When I got the roll I opened it and the coin was au. I opened a case, and told him I would settle for him just sending me an unc 1860. The guy was instantly hostile and told me to talk to eBay he was done with me. The coin came back 1860 au details cleaned. eBay gave me a full refund and the guy told me he didn't want to deal with me anymore and told me to just keep the coins.

    So all in all these transactions were very amusing to me and worth the grading fees.
     
  18. Vegas Vic

    Vegas Vic Undermedicated psychiatric patient

    Ran out of time more then 60 days passed
     
  19. Vegas Vic

    Vegas Vic Undermedicated psychiatric patient

    pretty insulting to say that they are not the same.i think it is pretty clear they are not. I'm not 12 years old. But the federal prosecutors are people she works with every day. And from one of them was the statement that selling a counterfeit coin and not giving a refund would be different from selling one counterfeit by accident and giving a refund. Dude you can't just go around selling "one" counterfeit "by accident" and not then make it right. This should also be considered obvious. Either way I'm done speaking to you on this point.
     
  20. carboni7e

    carboni7e aka MonsterCoinz

    1. Don't buy unsearched rolls on eBay. If it has an end coin that is possibly a key date or a wrapper from San Francisco, then it's searched. These coins don't magically end up on the end.
    2. Your 1909-S IHC has an odd reverse. Very sandy texture almost like it's cast. But hard to tell without pics.
    3. I've bought several rolls of unc Lincolns from Denver Certified Coins and very very pleased with them. They were searched, but still payed for themselves twice over.
     
  21. Vegas Vic

    Vegas Vic Undermedicated psychiatric patient

Draft saved Draft deleted

Share This Page