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<p>[QUOTE="dougsmit, post: 5200566, member: 19463"]Yes! I am very tired of hearing people saying to avoid eBay (as if eBay sold coins) while allowing beginners to buy from fancy catalog auction houses that are known to be fake sellers now and then. eBay is a platform used by good and bad sellers. Anyone with a computer can set themselves up as a fancy auction dealer. Coin Talk regularly has posts on places to avoid. </p><p><br /></p><p>It is not necessary to be afraid of fakes if you either:</p><p>1. You are very expert yourself especially in some narrow specialty. (rarely describes me)</p><p>2. You buy only from trusted sellers. (I try, most of the time)</p><p>3. You hire a trusted third party agent to advise you and execute bids on your behalf. (only on special occasions)</p><p>4. There is a fourth way of doing it that I do not recommend to most. Don't worry; be happy. That is to realize that you will be buying a fake now and then and that that fact is part of your numismatic education. At least try not to keep making the same mistake time and time again. At my level of income, I am comfortable buying questionable items of very low value but I would not buy high end items costing an amount that I would not be comfortable losing. Those of you who have ten to a hundred times my disposable income can play differently than I might. </p><p><br /></p><p>Most of the people I know who spend large amounts have an advisor/agent. This same method might allow you to find coins you might otherwise miss because your life is too busy to spend that much time 'shopping'.[/QUOTE]</p><p><br /></p>
[QUOTE="dougsmit, post: 5200566, member: 19463"]Yes! I am very tired of hearing people saying to avoid eBay (as if eBay sold coins) while allowing beginners to buy from fancy catalog auction houses that are known to be fake sellers now and then. eBay is a platform used by good and bad sellers. Anyone with a computer can set themselves up as a fancy auction dealer. Coin Talk regularly has posts on places to avoid. It is not necessary to be afraid of fakes if you either: 1. You are very expert yourself especially in some narrow specialty. (rarely describes me) 2. You buy only from trusted sellers. (I try, most of the time) 3. You hire a trusted third party agent to advise you and execute bids on your behalf. (only on special occasions) 4. There is a fourth way of doing it that I do not recommend to most. Don't worry; be happy. That is to realize that you will be buying a fake now and then and that that fact is part of your numismatic education. At least try not to keep making the same mistake time and time again. At my level of income, I am comfortable buying questionable items of very low value but I would not buy high end items costing an amount that I would not be comfortable losing. Those of you who have ten to a hundred times my disposable income can play differently than I might. Most of the people I know who spend large amounts have an advisor/agent. This same method might allow you to find coins you might otherwise miss because your life is too busy to spend that much time 'shopping'.[/QUOTE]
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