The amount of coin fraud on ebay is numbing

Discussion in 'Coin Chat' started by cplradar, Oct 18, 2021.

  1. cplradar

    cplradar Talmud Chuchum

    I was just looking for a generic Morgan for a friend and I am amazed at the depth of fraud is on ebay at this point. It is not a safe place for the public to by Morgans or coins in general.

    It is crazying. Top of the line listing for Morgans has 2 dozen fake morngas starting at 5.51 cents!|iid:1
    Mr.Q and Inspector43 like this.
  2. Avatar

    Guest User Guest

    to hide this ad.
  3. Sting 60

    Sting 60 Well-Known Member

    What gave it away, the angled surfaces on the lettering? I'd say that $5 is too high of a bid.
    GH#75 and cplradar like this.
  4. lordmarcovan

    lordmarcovan Eclectic & Eccentric Moderator

    Yep. Ebay does their best to police the site, but the sheer volume of shady stuff that gets listed must be difficult to cope with. You can report bad stuff, obviously.
    Mr.Q and MIGuy like this.
  5. Fake coins abound and sellers routinely lie about their locations. Five of my last six purchases were listed as shipping from Spain, the UK, or Norway. All actually shipped from Bulgaria. Very off putting.
    goossen, serafino and cplradar like this.
  6. OldSilverDollar

    OldSilverDollar Unknown Member

    Great Collections is an alternative no need to be a victim.
  7. cplradar

    cplradar Talmud Chuchum

    that is not true. There are not only lots of problems there as well, but less regulation. Why are you still trolling me?
  8. Publius2

    Publius2 Well-Known Member

    I am assuming that the second quote is a response to the first so I am replying in that vein.

    There has never to my knowledge been anything to suggest that Great Collections is anything but a forthright and reputable auction house. They only deal in certified TPG coins, never raw. I have won many auctions from them and a friend of mine recently sold about $20K worth of coins through them and was absolutely delighted with their professionalism, clarity and customer service. Comparing Great Collections to EBay is a huge disservice to GC and an unsupported canard.
  9. Mac McDonald

    Mac McDonald Well-Known Member

    It's on the buyer...BUYER BEWARE. It's "safe" for those who make the effort and time to do their homework on both the coin(s) and/or the seller. But agree it's not advisable for those buyers who are either too spontaneous, rushed or without patience, etc. enough to become familiar with the coins and the seller. Also, unless mistaken, I took the reply about GC to be a positive (not negative) comment...that "...GC is an alternative..." to eBay, which indeed it is for many.
  10. micbraun

    micbraun coindiccted

    Are you for real? GC is one of the best venues to buy/sell coins I can think of.
  11. cplradar

    cplradar Talmud Chuchum

    Your absolutely just as likely to be ripped of on Great Collections as Ebay. The only canard is that it is being pushed as being an alternatgive to Ebay, which it isn't, and the 10% discount for wire payment and unregulated payment services. It doesn't have nearly the selction and it isn't nearly as regulated. It is an alternative selling site made by disgrunted coin dealers who dislike ebay policies and want to take some control back. Fair enough. Panacea it isn't though and you are less protected on Great Collections than on ebay.

    I'm glad the same cast of characters come out for this - same ole trolls. Maybe now we can stay on the topic.
    Last edited: Oct 18, 2021
    serafino likes this.
  12. Oldhoopster

    Oldhoopster Member of the ANA since 1982

    Here is a thread from a few months ago about Great Collections. There are numerous positive posts from many knowledgeable, experienced, and credible CT members. The only negative comment? You guessed it; cplradar. Yet he offered no specifics, just says they're "rife with fraud"

    @cplradar Do you have any data of even anecdotal evidence to support your claim, or is this just another of your "my opinion is the absolute truth and if you don't 100% agree with me, you're a troll" unsubstantiated ramblings

    Oh why bother even asking. We all know where this is going. He will either post numerous law citations or discount all other comments and call the posters trolls
  13. masterswimmer

    masterswimmer A Caretaker, can't take it with me

    Isn't it amazing how the pot keeps calling the kettle black?
    The one labeling everyone who disagrees with him a troll when every one of his threads has something to do with his agenda and his disgust of the police, wanting the .gov to take care of him and everyone else, how coin dealers are all shysters because in his mind they all deal in stolen coins, etc. So who's the troll?
    harrync and Two Dogs like this.
  14. ldhair

    ldhair Clean Supporter

    He just makes up stuff to create drama. His hate for everything and everybody in this hobby is getting really old but he has the right to give his opinion.
    I hate being called a troll but most here understand the truth.
  15. MIGuy

    MIGuy Well-Known Member

    eBay is better than some places, worse than others - GC and Heritage are better for higher end stuff, but the easy key to eBay is, as in all things, caveat emptor. I buy mostly slabbed coins by the big four TPGs which provides some measure of security and mostly buy from big established sellers. I'm also not buying high end stuff. Also eBay will get you your money back if you do find you've bought a fake, so that's pretty good.
  16. Oldhoopster

    Oldhoopster Member of the ANA since 1982

    The thing that he fails to realize is that we all agree that crime is a problem. Unfortunately, he keeps pushing the narrative "my way is the only way that will work and I'm not listening to anything else". From what I've gathered in reading his posts, he believes that most dealers are crooked and make their living working with thieves to profit from stolen goods. The only way to stop this, is for govt intervention with numerous regulations (he never mentions that many jurisdictions already have reporting requirements and hold times).

    All of the discounting of other ideas (having a firearm will only get you killed), bullying (if you disagree with my tactics you're a troll and support criminals), and rambling nonsense does nothing more than alienate those who would normally be his ally.

    It's very sad, but all he is managing to do is drive a wedge between himself and other concerned collectors. I keep speaking up because I want to make sure this topic doesn't become trivialized by a stubborn, closed minded person who can't see the forest through the trees. My request to the rest of the CT forum is to not let this member derail an important topic. Security and safety start well before the "crooked dealer" buys your stolen coins.
  17. Dynoking

    Dynoking Well-Known Member

  18. Mr.Q

    Mr.Q Well-Known Member

    Facebook mean anything...
  19. wxcoin

    wxcoin Getting no respect since I was a baby Supporter

    I've been both a buyer and a seller with Great Collections and recommend them highly. The ignorant statement about their credibility is just .... ignorant!
    Magnus87, Mcpix, micbraun and 2 others like this.
  20. Joe Rohrbaugh

    Joe Rohrbaugh My prize AU-55 coin

    Sorry I disagree. Have bought many coins there with great success.
    Magnus87 likes this.
  21. John Skelton

    John Skelton Morgan man!

    No because anyone can say anything on there. I always enjoy hearing about the latest FB screwup which is why I never go there.
    Mr.Q and MIGuy like this.
Draft saved Draft deleted

Share This Page