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<p>[QUOTE="John77, post: 2518372, member: 79277"]Honestly, this happens all of the time on eBay. There's not a whole lot you can do about it. My best advice is to make sure you put in a <i>reasonable bid (i.e: above silver melt value/face value on non silver coins, or at least 75% of a coin's retail value) </i>more than 12 hours in advance of the auction's end.</p><p><br /></p><p>Given that I've been both a buyer and a seller on eBay, I can see both sides of this story. I've routinely had people to try buy my stuff at auction below face value and below silver melt value. Not too long ago, one of my Barber dimes worth about $2 went for 34 cents. I keep my shipping low to encourage bidding, and this kind of thing doesn't usually happen as a result. Needless to say, I wasn't very happy at all about it. None of us who are on eBay are in it to lose money and/or get ripped off like that.</p><p><br /></p><p>On the other hand, it's great to get a good deal within reason. If someone lists a 1916-S Walker as a 1916 Philly, and you pay the Philly price for it, more power to you! Not the buyer's fault that the seller was ignorant. And yes, I saw someone do this very thing involving that coin recently.[/QUOTE]</p><p><br /></p>
[QUOTE="John77, post: 2518372, member: 79277"]Honestly, this happens all of the time on eBay. There's not a whole lot you can do about it. My best advice is to make sure you put in a [I]reasonable bid (i.e: above silver melt value/face value on non silver coins, or at least 75% of a coin's retail value) [/I]more than 12 hours in advance of the auction's end. Given that I've been both a buyer and a seller on eBay, I can see both sides of this story. I've routinely had people to try buy my stuff at auction below face value and below silver melt value. Not too long ago, one of my Barber dimes worth about $2 went for 34 cents. I keep my shipping low to encourage bidding, and this kind of thing doesn't usually happen as a result. Needless to say, I wasn't very happy at all about it. None of us who are on eBay are in it to lose money and/or get ripped off like that. On the other hand, it's great to get a good deal within reason. If someone lists a 1916-S Walker as a 1916 Philly, and you pay the Philly price for it, more power to you! Not the buyer's fault that the seller was ignorant. And yes, I saw someone do this very thing involving that coin recently.[/QUOTE]
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