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<p>[QUOTE=&quot;Vess1, post: 626555, member: 13650&quot;]Just a FYI: There&#039;s a good article in the July issue of COINage concerning Ebay, fakes and what&#039;s been going on with their policies behind the scenes.&nbsp; It sounds like they&#039;ve had a falling out with the ANA and as far as measures in place to protect the consumer, Ebay is going backwards. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie3" alt=":(" unselectable="on" unselectable="on" />&nbsp; &nbsp; </p><p><br /></p><p>&nbsp; One gentlemen states that about 40% or perhaps even HALF of all coins offered on ebay are counterfeit.&nbsp; And getting worse.&nbsp; Mostly but not all from China.</p><p><br /></p><p>They had a group of around 12 *volunteer* numismatists who regularly let ebay know about fakes for several years but after ebay didn&#039;t do enough for so long, the group became disenchanted with them and has virtually collapsed by early 2009.</p><p><br /></p><p>&nbsp; If they do suspend a seller, they typically will start back up under a different username and they&#039;re back in business.</p><p><br /></p><p>&nbsp; They are angry that Ebay won&#039;t issue a zero tolerance policy and they won&#039;t even pull auctions that are for fake coins that don&#039;t even exist.&nbsp;&nbsp; Not to mention the fact that Ebay no longer allows people to communicate or warn anyone.</p><p><br /></p><p>&nbsp; It says one guy purchased a complete set of Morgans for $96 off Ebay and brought the set to an Arizona coin show, where knowledgeable coin dealers offered him $35,000 before he broke the news to them.&nbsp; </p><p><br /></p><p>&nbsp; The new counterfeits are practically indistinguishable and Ebay is actually doing more to help get them all over here than fighting it.&nbsp; </p><p><br /></p><p>&nbsp;I find this to be disappointing.&nbsp; That may help Ebay in the short term but I can&#039;t help but think that it may just kill their profits in the long term, once all these people realize they&#039;ve been ripped off.&nbsp; I can&#039;t believe Ebay isn&#039;t taken to court on a regular basis.[/QUOTE]</p><p><br /></p>

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