Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
eBay HALTS 25th Anniversary Silve Eagle set auctions due to volume and pre-sales!
>
Reply to Thread
Message:
<p>[QUOTE="dave92029, post: 1295386, member: 26916"]The Mint's scheduled ship date is now two weeks off. I would assume that the opportunity to sell something for $3000, with only a copy of a photo provided by the Mint, and no need to deliver that item for three weeks, was too much temptation for several con people. </p><p><br /></p><p>There are probably too many Con people who have listed 25th anniversary sets for sale who will not be seen or heard from in two weeks. EBay who provides a warranty is nervous about the magnitude of the liability that they may be stuck with when these sets are not delivered.</p><p><br /></p><p>A year ago I "won" an auction for tubes of ASE from a seller in North Carolina who had 611 100% positive feedbacks. He never delivered the tubes of ASE's to me or the other 14 people who "won" his auctions. eBay paid me in full in two weeks. </p><p><br /></p><p>A year ago a tube of ASE's were selling for a little over $400 each, about the same as one a 25th anniversary set. There appears to have been hundreds of auctions since before the Mint began offering these sets to the public. </p><p><br /></p><p>How much money do you think eBay will have to pay out on their Warranty Program, to the victims of the Con artists out there? I guess ten's of thousands of $$.[/QUOTE]</p><p><br /></p>
[QUOTE="dave92029, post: 1295386, member: 26916"]The Mint's scheduled ship date is now two weeks off. I would assume that the opportunity to sell something for $3000, with only a copy of a photo provided by the Mint, and no need to deliver that item for three weeks, was too much temptation for several con people. There are probably too many Con people who have listed 25th anniversary sets for sale who will not be seen or heard from in two weeks. EBay who provides a warranty is nervous about the magnitude of the liability that they may be stuck with when these sets are not delivered. A year ago I "won" an auction for tubes of ASE from a seller in North Carolina who had 611 100% positive feedbacks. He never delivered the tubes of ASE's to me or the other 14 people who "won" his auctions. eBay paid me in full in two weeks. A year ago a tube of ASE's were selling for a little over $400 each, about the same as one a 25th anniversary set. There appears to have been hundreds of auctions since before the Mint began offering these sets to the public. How much money do you think eBay will have to pay out on their Warranty Program, to the victims of the Con artists out there? I guess ten's of thousands of $$.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
eBay HALTS 25th Anniversary Silve Eagle set auctions due to volume and pre-sales!
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...