Every coin offered by this seller is fake

Discussion in 'US Coins Forum' started by ToughCOINS, Oct 17, 2014.

  1. ToughCOINS

    ToughCOINS Dealer Member Moderator

    eBay appears to have taken down the fake 1921-D Walkers, but the fake gold coins are still listed.

    I've completed reporting all of the coins still up . . . any others helping out?
     
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  3. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    Take a look through his completed listings, perhaps starting with a few of his better date "Morgans", and closely compare then to known genuine examples. Don't so much focus on date position (in this case) but other aspects of the, ahem, coins. Taking the time to do this can help to train your eye, and if you get stuck, don't be afraid to ask for help.
     
  4. rzage

    rzage What Goes Around Comes Around .

    I reported it in a long about way that didn't let me explain why , but I was able to call it a copy without the word copy on it . Took me a good 10 minutes of switching reasons though as they don't say fake or counterfeit .
     
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  5. rzage

    rzage What Goes Around Comes Around .

    Seems they were all pulled as of now at least , he has nothing for sale listed .
     
  6. jwitten

    jwitten Well-Known Member

    I reported all the coins as well. There IS a way to report fake coins, just takes some clicking through the pages to find the right option. I do not do silver coins, so to me, I really can't tell they are fake. But I DO buy and sell a lot of gold, so they look obvious to me.
     
  7. ToughCOINS

    ToughCOINS Dealer Member Moderator

    Thanks for the help.
     
  8. 19Lyds

    19Lyds Member of the United States of Confusion

    From reading the Title, I instantly flashed on the Moonlight Mint. smack.gif
     
  9. fretboard

    fretboard Defender of Old Coinage!

    Well something must have scared him cause he doesn't have anything for sale now. dblthumb2.gif
     
  10. RabidRick

    RabidRick Sardonic Devil's Advocate

    SEGS: AU58

    National Numismatic Certification: MS64

    I've come to the conclusion eBay doesnt really give a damn as long as they aren't liable. They *did* enforce the grading rule on raws but for the moment go with the well-known TPG's or at least know what you're doing.

    I have no problem buying raw coins from there if they have a return policy, but most of the high-end raws are problems. I mean, otherwise the dealer would have sent it in and made more :\
     
  11. ToughCOINS

    ToughCOINS Dealer Member Moderator

    I try to avoid sending many coins in.

    I don't necessarily adhere to the same criteria as other dealers when deciding what to submit to the TPG's, but I usually base my decision on the spread in value between grades likely to be argued by buyer and seller, or on the prevalence of fakes of the subject coin.

    For that reason, I am selective about what to send in, as the fees can really add up. I price graded coins and raw coins alike, as I consider the grading fees a cost of doing business, rather than adding them on to the sale price of a coin without the grading. If a customer insists on me grading a coin that I would not have graded on my own, that is different however, and I do add the cost to the sale price in that case.
     
  12. RabidRick

    RabidRick Sardonic Devil's Advocate

    I don't see the point in coins under $500 getting slabbed.

    That's just me.
     
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