Buyers BEWARE!!!

I AGREE!! BIG TIME!! WOW, I went back and thoroughly looked at the repeating bidders/winners--something veeeerrrryyy suspicious going on with this group--Looks like it is what I would call an "EBAY COIN SHILL GANG"--HAHAHA--

They (he/she) keeps changing their ID's. To me it more than 1 guy/gal, or perhaps it is 1 guy with 50 faces, who knows. They apparently have been very good at it with the feedbacks, of course it is self Perpetuating--I think that his MO is quite successful looks like and yet he has not yet been caught. The cost can be over come of course, if they shill bids so high there is no loss once a non-shiller bites and buys, over bids the shill--Interesting, almost legal thievery--WOW--Scary!!--I (we) happened to find it because he/she is now getting greedy it has worked so well for them (him/her). With sellers like this, why would I want to continue to do business there??Eh? After this pick, I will be doing even more feedback checking now--You have this guy and you have pamela (pjd1966)--

Ebay BUYERS beware!!!--What is shameful is that Ebay is doing a very poor job cleaning up its house--It is ruining the coin business anyways on Ebay--I guess they are to busy counting there money from fees and looking at the stock prices instead of looking for the cons, fakes and thieves that today infest Ebay--or has it become CON-EBAY--
cisco

 

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I agree that it is a shame that a few 'coin' dealers are taking advantage of the Ebay platform to out and out rip people off, especially novice collectors who might not even know they are being burned until they go to sell the pieces they bought from these guys.

That being said, it doesn't seem reasonable that Ebay should hire numismatic experts to examine each and every coin auction for some kind of fraud. This would require Ebay to come up with a strict set of numismatic standards that would apply to the entire spectrum of numismatics and careful examination of each coin auction by experts to determine fraud.

You wouldn't expect Ebay Motors to send out a mechanic to inspect every car or car part offered for sale to confirm that the item is as described. I don't think it is reasonable to expect that Ebay should have numismatic experts on staff to create a set of Ebay standards and inspectors to ensure that every numismatic auction complies with these standards. If this auction were run by ANACS and only numismatic items were allowed, then you'd expect that sort of control over the auction content, but the Ebay folks are general auctioneers and have the appropriate general set of rules to govern sales. Though it may take a little time, these rules are enforced and bad sellers are 'punished', but only because the numismatic community polices its self.

When Ebay gets a significant number of complaints, they act. It shouldn't be any other way. There will always be people trying to take advantage of just about anything, including Ebay, but it is up to the numismatic community to make sure that shameful happenings are identified.

And, by the way, that's what we are doing. Cool!

 

Actually my friend, that in itself is no sign of shill bidding or fraud. I have won as many as 5 auctions within a couple of minutes by using a sniping program to place my bids when several items were ending at about the same time and I couldn't possibly monitor all of them.

However, there are a lot of other bad signs in this particular case, and shilling probably was involved.

 

There's a new miracle invention known as placing your highest bid and letting the chips fall where they may. I (and many of my buyers) have used this new technology again and again to outbid others on ebay.
The secret is to bid the absolute most you're willing to pay for an item. If you're outbid, you're not remorseful since the item wasn't worth that much to you. Quite often you'll win the item for less than your maximum amount, too.

OK seriously now...that really does work but obviously there's an art to holding back the bid in hopes to keep the price down and trying to snipe the item. In the past I've bought stuff I didn't even want, just to see if I could snipe it lol. Sniping is fun and can be rewarding...but for those "must have" items you find on ebay I seriously think placing a high bid is the way...heck I'm lucky if I remember to follow up on half the items I am interested in...placing a bid when I find them is a much safer bet for me
Nick

 

I have been surfing around this place for several days now . There a quite a few discussion on sellers and buyers at ebay. Does anybody here know this nice little prog called "Seller's best friend"?

If not surf to http://www.chromstein.de/sbf/download.php - scroll down to "Installation SellersBestFriends mit automatischem Update" and select download depending on your computer's RAM. For those not fluent in German you can switch to English.

(It's not my prog. ;-) )