I have a coin I am selling.....

Ok so call the guy whatever you want the rest of the post I will still hold to

 

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That is worse, if you don't believe what you are spouting on an ideological level, then the only reason to agree with it is because it personally benefits you.

And I don't need to sell my coins elsewhere. I am a top rated seller and I follow E-Bay's rules to the letter. That said, I have been a member of E-Bay since 2000, and I have seen the transformation first hand. I would like to think that E-Bay would have denied the SNAD complaint on Joe's coin had he correctly implemented a "no returns" policy, but I just don't know.

The SNAD policy can be avoided for the most part through excellent photography and detailed descriptions. What can't be avoided is the inequality in the feedback system. Allowing only one side (buyers) to leave negative feedback is utterly ridiculous. Not only does it create a system whereby buyers can engage in feedback blackmail, it also insulates buyers from having to do the one thing that every seller wants, TO PAY for the item.

I have sold 38 coins in 2014. Of the 38, 7 have been people who clicked on my BIN or made an offer that I accepted and then didn't pay for the item. These 7 coins totaled $3,360. Those coins were removed from my inventory for a significant period of time, I was forced to check to ensure that E-Bay in fact reimbursed my FVFs, and I don't even get the chance to warn other sellers that they are deadbeats.

When a buyer makes a bad choice, they deserve to learn from their mistake. CAVEAT EMPTOR!

 

Thank you for proving my point about how sellers are not going to leave eBay. You keep talking about how sellers are all going to leave yet it sounds like you are not moving on.

And like I said if this was a cash transaction they would have. But eBay chooses to do business differently. Again you keep confusing eBay with the United States of America. I personally think if you do a cash transaction with someone with no refunds then that is the end and as long as the item purchased is not counterfeit the story ends there. Then it is caveat emptor.

BUT eBay wants their customers to feel safe and as long as you sell on eBay their house their rules. Just because I agree with the eBay policy does not make me spouting ideology nor does it make me in favor of a nanny state. Dude keep you comments on the coins and not on what you are misperceiving to be my political opinions.

 

Can someone explain what snad stands for. Thx.


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Significantly Not As Described

 

I have not read all the posts - I can't image anyone have an issue in either case. What am I missing - in both cases you bought a coin (does not matter what kind) and sold it for more than you spent. I have done the same thing, not as good as you obviously, but still done it. I can't imagine anyone having an issue with either scenario. So what am I missing in the two scenarios? Now I will read the other posts to see who has an issue with this.

 

I guess the point of the message that I never got around to completely explaining was that some collectors took exception to the latter scenario (in other threads) when in reality neither one was any different than the other.


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[without reading the entire thread]

There are no stupid questions.

[Chris will get me]

Now back to reading the thread in progress.........

 

Which one?

 

Some people disagree with selling an item for "too much" more than it cost. I don't completely understand this...but from what I can gather, there are some who think a "fair profit" is only a certain percentage and any more than that is "wrong." Now, I personally don't agree with that line of thinking.

I also think there is a big difference between being at the "right place at the right time" when it comes to a hot item and ripping someone off.

 

That's exactly the stuff I look for, smart moves on both. I bet the only one who would be against either, is a collector who takes it in the shorts a lot. I'm just sayin'!

 

We only have one that is also a member of this forum. But I am afraid since he hasn't been around much that he did take the suggestion and applied for and got the Easter Bunny position at the mall, which is why we haven't seen him much. Hopefully he will have lots of good stories, like the ones that made water etc.

 

Joe, you did nothing wrong. You took the time and effort to stand in the mint line at the Balto show. You took the time and effort to stand in line at the graders table, and you forked over the money needed to get the coins holdered. You were the one taking a chance on these coins and it paid off for you. It could easily have gone the other way. What if there was no reluctant interest in these (HOF) coins? That the generally perceived likelihood of these coins being popular was a load of balderdash? You'd be out a few bucks my friend. Everyone in this thread had the opportunity to do the same as you. They didn't. Capitalizing on a hunch is no crime. You didn't manipulate the market like the Rothschild's did..........

 

Excuse me while I 'make water'........

 

There could be some "breaking wind" stories too.