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<p>[QUOTE="yakpoo, post: 851528, member: 18157"]I really don't like any type of coin to be sold without being marked in such a way as to <b>prevent any <span style="color: red">subsequent</span> owner from breaking the law</b>...size, material, design, markings, etc. I began investigating the law and the definition of terms used in each. I wasn't keeping notes and would have to reinvest the time to document what I found.</p><p> </p><p><b>Bottomline</b>...this type of listing comes more under the purview of the Federal Trade Commission (FTC) than the Secret Service. I went to the FTC site and downloaded the form required to register a complaint. In the process of filling out the form, there was certain information required outlining the nature of the violation being reported. </p><p> </p><p>As I went about reading the "Hobby Protection Act of 1973", Title 15, etc...and cross referenced terms such as "Numismatic Item", I just couldn't (unambiguously) put together the information required to make a case of "wrong-doing" by either the Seller or eBay.</p><p> </p><p>It's clear that if anyone sells these items <b>without clearly and accurately describing them</b>, then "fraud" has occurred and action can be taken. However, the listings on eBay seems to have checked all the necessary "boxes" needed to remain within the letter of the law.</p><p> </p><p>I may revisit this and put together a complaint to (at least) document the issue with the FTC...but I'm not sure what (if anything) they can do. It would be interesting to have a formal review of the matter by the FTC so we'll have a better idea of the next step that needs to be taken to give the FTC the power to better regulate this type of activity.[/QUOTE]</p><p><br /></p>
[QUOTE="yakpoo, post: 851528, member: 18157"]I really don't like any type of coin to be sold without being marked in such a way as to [B]prevent any [COLOR=red]subsequent[/COLOR] owner from breaking the law[/B]...size, material, design, markings, etc. I began investigating the law and the definition of terms used in each. I wasn't keeping notes and would have to reinvest the time to document what I found. [B]Bottomline[/B]...this type of listing comes more under the purview of the Federal Trade Commission (FTC) than the Secret Service. I went to the FTC site and downloaded the form required to register a complaint. In the process of filling out the form, there was certain information required outlining the nature of the violation being reported. As I went about reading the "Hobby Protection Act of 1973", Title 15, etc...and cross referenced terms such as "Numismatic Item", I just couldn't (unambiguously) put together the information required to make a case of "wrong-doing" by either the Seller or eBay. It's clear that if anyone sells these items [B]without clearly and accurately describing them[/B], then "fraud" has occurred and action can be taken. However, the listings on eBay seems to have checked all the necessary "boxes" needed to remain within the letter of the law. I may revisit this and put together a complaint to (at least) document the issue with the FTC...but I'm not sure what (if anything) they can do. It would be interesting to have a formal review of the matter by the FTC so we'll have a better idea of the next step that needs to be taken to give the FTC the power to better regulate this type of activity.[/QUOTE]
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