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<p>[QUOTE="BUncirculated, post: 1260090, member: 29581"]I found this on another numismatic forum.</p><p><br /></p><p>Here's the scenario:</p><p><br /></p><p>A seller on eBay has up for sale, on BIN, a 100 oz. bar of silver from the RCM(Royal Canadian Mint) and clearly states in their listing they are only accepting bids from within the U.S including Alaska and Hawaii and will ship to U.S. address only.</p><p><br /></p><p>A buyer, from Canada, is interested in buying the bar, listed for $4500. (RED FLAG # 1)</p><p><br /></p><p>Buyer asks seller if they would accept a check for payment instead of PayPal(RED FLAG #2)</p><p><br /></p><p>Seller agrees(STUPID) and receives the check and deposits it. The funds were credited to the sellers account the next day, which is usual if the deposit was made after 3 P.M.; however most all banks and credit unions hold the funds for 5 business days before they are available, for the check to clear the issuer's bank, and some hold out of country checks for longer.</p><p><br /></p><p>Seller ships the bar the very next day from depositing the check, and of course several days later receives notice from their bank the funds are on hold(GEE YOU COULDN'T SEE THAT COMING). They check the tracking number and low and behold the bar was delivered to the buyer that very same day. </p><p><br /></p><p>The check turned out to be stolen, the seller is out the $4500, and the 100 oz. bar and now wants advice on what to do about the entire mess.</p><p><br /></p><p>Unbelievable![/QUOTE]</p><p><br /></p>
[QUOTE="BUncirculated, post: 1260090, member: 29581"]I found this on another numismatic forum. Here's the scenario: A seller on eBay has up for sale, on BIN, a 100 oz. bar of silver from the RCM(Royal Canadian Mint) and clearly states in their listing they are only accepting bids from within the U.S including Alaska and Hawaii and will ship to U.S. address only. A buyer, from Canada, is interested in buying the bar, listed for $4500. (RED FLAG # 1) Buyer asks seller if they would accept a check for payment instead of PayPal(RED FLAG #2) Seller agrees(STUPID) and receives the check and deposits it. The funds were credited to the sellers account the next day, which is usual if the deposit was made after 3 P.M.; however most all banks and credit unions hold the funds for 5 business days before they are available, for the check to clear the issuer's bank, and some hold out of country checks for longer. Seller ships the bar the very next day from depositing the check, and of course several days later receives notice from their bank the funds are on hold(GEE YOU COULDN'T SEE THAT COMING). They check the tracking number and low and behold the bar was delivered to the buyer that very same day. The check turned out to be stolen, the seller is out the $4500, and the 100 oz. bar and now wants advice on what to do about the entire mess. Unbelievable![/QUOTE]
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