Would you buy a coin on ebay from an unknown seller if...

jmlanzaf

In honor of @ErrorsOnCoins

ctf_error_coins

Your poll does not even make sense

jmlanzaf

Only if there was the possibility of return or refund

@ErrorsOnCoins said:
Your poll does not even make sense

How so? I think the options are pretty clear

Hemispherical

No, unless, I have some type of recourse, i.e., CC chargeback.

jmlanzaf

Only if there was the possibility of return or refund

@Hemispherical said:
No, unless, I have some type of recourse, i.e., CC chargeback.

That counts as a refund/ return.

Please vote. My future interaction with @ERRORSONcoins depends on it.

Bigbuck1975

You can return anything on eBay regardless of the return policy

ctf_error_coins

When I buy a coin on eBay , I never check to see if returns are possible, never, I could care less.

I never check the seller's feedback, never.

I hardly ever read the seller descriptions, hardly ever.

I buy only from the photographs and price, period.

This works for me. Built a business on it.

MFeld

Only if there was the possibility of return or refund

@Bigbuck1975 said:
You can return anything on eBay regardless of the return policy

While that’s often or usually (but not always) true, that’s not what the pole is asking.

ctf_error_coins

@MFeld said:

@Bigbuck1975 said:
You can return anything on eBay regardless of the return policy

While that’s often or usually (but not always) true, that’s not what the pole is asking.

The poll is a fantasy that belongs on "Fantasy Island"

jmlanzaf

Only if there was the possibility of return or refund

@ErrorsOnCoins said:
When I buy a coin on eBay , I never check to see if returns are possible, never, I could care less.

I never check the seller's feedback, never.

I hardly ever read the seller descriptions, hardly ever.

I buy only from the photographs and price, period.

This works for me. Built a business on it.

That may well be true. Feel free to vote accordingly.

ctf_error_coins

@jmlanzaf said:

@ErrorsOnCoins said:
When I buy a coin on eBay , I never check to see if returns are possible, never, I could care less.

I never check the seller's feedback, never.

I hardly ever read the seller descriptions, hardly ever.

I buy only from the photographs and price, period.

This works for me. Built a business on it.

That may well be true. Feel free to vote accordingly.

Can not vote on fantasy since your poll does not reflect reality.

jmlanzaf

Only if there was the possibility of return or refund

@ErrorsOnCoins said:
When I buy a coin on eBay , I never check to see if returns are possible, never, I could care less.

I never check the seller's feedback, never.

I hardly ever read the seller descriptions, hardly ever.

I buy only from the photographs and price, period.

This works for me. Built a business on it.

I'm not even sure why you are arguing with me. I defend the eBay returns policy and buyer guarantees because it is NECESSARY for business on the internet. Personally, I've never returned anything I bought on the internet ever. But that really wasn't the point of the other thread.

jmlanzaf

Only if there was the possibility of return or refund

@ErrorsOnCoins said:

@jmlanzaf said:

@ErrorsOnCoins said:
When I buy a coin on eBay , I never check to see if returns are possible, never, I could care less.

I never check the seller's feedback, never.

I hardly ever read the seller descriptions, hardly ever.

I buy only from the photographs and price, period.

This works for me. Built a business on it.

That may well be true. Feel free to vote accordingly.

Can not vote on fantasy since your poll does not reflect reality.

LOL. I think my point was that your comment on the other thread was the fantasy. But, I have no interest in arguing with you. If we fight, @coinstartled wins.

MFeld

Only if there was the possibility of return or refund

@ErrorsOnCoins said:

@jmlanzaf said:

@ErrorsOnCoins said:
When I buy a coin on eBay , I never check to see if returns are possible, never, I could care less.

I never check the seller's feedback, never.

I hardly ever read the seller descriptions, hardly ever.

I buy only from the photographs and price, period.

This works for me. Built a business on it.

That may well be true. Feel free to vote accordingly.

Can not vote on fantasy since your poll does not reflect reality.

You might not want to vote, but you certainly can. I bet you’re intelligent enough to read, comprehend and address a hypothetical.

Davideo

I don't feel I can accurately answer the poll without some assumptions. If it is a $20 coin with decent pictures and long time seller, I have no worries at all. If it is a $2000 coin from a seller I didn't know, yeah, I'd want some sort return option or I would likely pass.

WAYNEAS

Only if there was the possibility of return or refund

everybody out of the sandbox until we can all behave
no

Walkerfan

Only if there was the possibility of return or refund

I used to think that I was smart enough to purchase from pix alone BUT........Pix can absolutely hide things that are there but just can't be seen.

TurtleCat

The was no possibility or return or refund but the coin offered is in a PCGS holder

I've purchased many coins from eBay sellers I don't know. I never look at the return privilege but generally only buy PCGS from eBay. I try to be careful about what I buy. Unless I'm defrauded, I chalk any "mistake" I make to myself.

MasonG

Only if there was the possibility of return or refund

@MFeld said:
You might not want to vote, but you certainly can. I bet you’re intelligent enough to read, comprehend and address a hypothetical.

Based on reading the replies to some of the polls here lately, there are more than a few posters who appear to have trouble with hypothetical situations.

toyz4geo

I picked up a nice 1943-P PCGS MS67FS Jefferson on eBay from someone with 0 feedback. I figured if things went south, there was eBay protection, PayPal protection, and my CC protection. My experience may not be usual.

Zoins

There was no possibility of return or refund. Ever.

@jmlanzaf said:
Would you buy a coin on ebay from an unknown seller if... There was no possibility of return or refund. Ever.

Isn’t there always the possibility of return if using the item isn’t as described reason?

Isn’t it more buying from Heritage or Stack’s where you cannot return a coin?

Zoins

There was no possibility of return or refund. Ever.

@jmlanzaf said:
Please vote. My future interaction with @ERRORSONcoins depends on it.

Good luck!

jmlanzaf

Only if there was the possibility of return or refund

@Zoins said:

@jmlanzaf said:
Would you buy a coin on ebay from an unknown seller if... There was no possibility of return or refund. Ever.

Isn’t there always the possibility of return if using the item isn’t as described reason?

Isn’t it more buying from Heritage or Stack’s where you cannot return a coin?

Not if ebay ended the policies that force the returns upon the seller. Back in the day, a seller could insist on money orders and there was no ebay buyer guarantee.

jmlanzaf

Only if there was the possibility of return or refund

@TurtleCat said:
I've purchased many coins from eBay sellers I don't know. I never look at the return privilege but generally only buy PCGS from eBay. I try to be careful about what I buy. Unless I'm defrauded, I chalk any "mistake" I make to myself.

So, if they aren't you a different coin because it was a stock photo, you'd blame yourself?

Zoins

There was no possibility of return or refund. Ever.

@jmlanzaf said:

@Zoins said:

@jmlanzaf said:
Would you buy a coin on ebay from an unknown seller if... There was no possibility of return or refund. Ever.

Isn’t there always the possibility of return if using the item isn’t as described reason?

Isn’t it more buying from Heritage or Stack’s where you cannot return a coin?

Not if ebay ended the policies that force the returns upon the seller. Back in the day, a seller could insist on money orders and there was no ebay buyer guarantee.

Aside from item not as described, my understanding is that eBay has no policy requiring sellers to take returns today.

Are you specifically talking about not as described returns?

TurtleCat

The was no possibility or return or refund but the coin offered is in a PCGS holder

@jmlanzaf said:

@TurtleCat said:
I've purchased many coins from eBay sellers I don't know. I never look at the return privilege but generally only buy PCGS from eBay. I try to be careful about what I buy. Unless I'm defrauded, I chalk any "mistake" I make to myself.

So, if they aren't you a different coin because it was a stock photo, you'd blame yourself?

Yes, because I didn’t read the description. Just because I’d buy from dealers I don’t know it doesn’t mean I would buy something stupidly. There is only one dealer in my local area and he’s way overpriced. So I go to the coin shows where the dealers change periodically. Just part of life.

MasonG

Only if there was the possibility of return or refund

@Zoins said:
Aside from item not as described, my understanding is that eBay has no policy requiring sellers to take returns today.

Are you specifically talking about not as described returns?

You're getting yourself lost in the weeds.

The question is:

Would you buy a coin on ebay from an unknown seller if there was no possibility of return or refund. Ever.

Note in particular the "IF" in the middle. eBay's current policies are irrelevant to your answer.

Coinstartled

There was no possibility of return or refund. Ever.

Somehow I ended up on Team Errorsoncoins.

Glad it is Saturday and I have some brandy.

I'll comment further after a shot.

Zoins

There was no possibility of return or refund. Ever.

@Coinstartled said:
Somehow I ended up on Team Errorsoncoins.

I'm still trying to figure out the two sides here

Coinstartled

There was no possibility of return or refund. Ever.

Ok, as we are on Ebay, what is the feedback of the unknown seller? If it under 20 or 30 and with few or no vosible coin transactions. No I would not buy from them. Plenty of good feedback with coins. I am in. I would call the guy first on a major purchase to make sure he knows coins. Phone numbers are not easy to get...but not all that difficult either.

Business people take on risk and clearly the purchase as you set it up would have some. To buy an $800 coin to resell on Ebay for a $1000 with a $100 profit, i would not stick my neck out very far. To double my money on a $500 coin, I would be more apt to take some additional risk.

When checks and MO's were an option a decade or more ago, it was not my first choice but did so a number of times and never had a negative outcome. PCGS slab counterfeiting was not so much of an issue at the time. I would want to see decent pics of the slab amd coin and would make an intelligent decision based on that.

...and finally, this poll is a long way off from the other thread where the question was whether you would by a coin from an unknown Ebay seller with the assumption that Paypal could be used. The idea was that minor dissatisfaction with a coin is not a good enough reason to nail the seller with rapidly mandated fees. Not an incident where the seller was fraudulent.

jmlanzaf

Only if there was the possibility of return or refund

@Coinstartled said:
Somehow I ended up on Team Errorsoncoins.

Glad it is Saturday and I have some brandy.

I'll comment further after a shot.

LOL. Oddly, I ended up on Team @Coinstartled

See, generally speaking I seem to agree with @ErrorsonCoins more than you. BUT BUT BUT every minor disagreement with errorsoncoins results in him preaching and insulting. I kind of feel like our disagreements are more friendly even though they are more numerous.

I'd be surprised if you are really on Team Errors here. Look at the other thread, which is where this started. He basically said on the other thread that eBay returns are a non-factor because he's so smart he never needs them. He's not actually complaining about the 3% cost of returns - which I think is your position.

jmlanzaf

Only if there was the possibility of return or refund

@Coinstartled said:
Ok, as we are on Ebay, what is the feedback of the unknown seller? If it under 20 or 30 and with few or no vosible coin transactions. No I would not buy from them. Plenty of good feedback with coins. I am in. I would call the guy first on a major purchase to make sure he knows coins. Phone numbers are not easy to get...but not all that difficult either.

Business people take on risk and clearly the purchase as you set it up would have some. To buy an $800 coin to resell on Ebay for a $1000 with a $100 profit, i would not stick my neck out very far. To double my money on a $500 coin, I would be more apt to take some additional risk.

When checks and MO's were an option a decade or more ago, it was not my first choice but did so a number of times and never had a negative outcome. PCGS slab counterfeiting was not so much of an issue at the time. I would want to see decent pics of the slab amd coin and would make an intelligent decision based on that.

...and finally, this poll is a long way off from the other thread where the question was whether you would by a coin from an unknown Ebay seller with the assumption that Paypal could be used. The idea was that minor dissatisfaction with a coin is not a good enough reason to nail the seller with rapidly mandated fees. Not an incident where the seller was fraudulent.

You may vote as you wish. But I think anyone who chooses no possibility of return or refund is really just trying to be difficult.

How many Apmex threads have we had over stock photos? How many threads have we had with people complaining about coins not being sent, lost in the mail, etc.? How many times on these very boards have we advised someone to be sure and pay with a CC through PayPal to protect themselves? And some people are choosing that they would buy coins from an unknown seller even if no possibility of return/refund exists? I remain skeptical.

You also kind of fudged the question. You said you would only buy after investigating the seller. The question asked about an "unknown seller".

Zoins

There was no possibility of return or refund. Ever.

@jmlanzaf said:

@Coinstartled said:
Ok, as we are on Ebay, what is the feedback of the unknown seller? If it under 20 or 30 and with few or no vosible coin transactions. No I would not buy from them. Plenty of good feedback with coins. I am in. I would call the guy first on a major purchase to make sure he knows coins. Phone numbers are not easy to get...but not all that difficult either.

Business people take on risk and clearly the purchase as you set it up would have some. To buy an $800 coin to resell on Ebay for a $1000 with a $100 profit, i would not stick my neck out very far. To double my money on a $500 coin, I would be more apt to take some additional risk.

When checks and MO's were an option a decade or more ago, it was not my first choice but did so a number of times and never had a negative outcome. PCGS slab counterfeiting was not so much of an issue at the time. I would want to see decent pics of the slab amd coin and would make an intelligent decision based on that.

...and finally, this poll is a long way off from the other thread where the question was whether you would by a coin from an unknown Ebay seller with the assumption that Paypal could be used. The idea was that minor dissatisfaction with a coin is not a good enough reason to nail the seller with rapidly mandated fees. Not an incident where the seller was fraudulent.

You may vote as you wish. But I think anyone who chooses no possibility of return or refund is really just trying to be difficult.

That's not really true. I buy very rare items and I often buy from unknown sellers with no thought of return or refund. These are basically things that have never appeared on the market before.

Of course, if the items is very common, then a returns are more desirable, though only above a certain dollar amount. For less expensive things, I don't need a return policy either.

Coinstartled

There was no possibility of return or refund. Ever.

@jmlanzaf said:

@Coinstartled said:
Somehow I ended up on Team Errorsoncoins.

Glad it is Saturday and I have some brandy.

I'll comment further after a shot.

LOL. Oddly, I ended up on Team @Coinstartled

See, generally speaking I seem to agree with @ErrorsonCoins more than you. BUT BUT BUT every minor disagreement with errorsoncoins results in him preaching and insulting. I kind of feel like our disagreements are more friendly even though they are more numerous.

I'd be surprised if you are really on Team Errors here. Look at the other thread, which is where this started. He basically said on the other thread that eBay returns are a non-factor because he's so smart he never needs them. He's not actually complaining about the 3% cost of returns - which I think is your position.

I do my best to keep the disagreements gentlemanly. We are all in this together as dealers and collectors.

Early in the game for me, 2004 or so, I sold an 1894 Dollar in MS 65 to a buyer in New York. Not an inexpensive coin. The guy had good feedback maybe a couple hundred and seemed to be a top Morgan collector/dealer. He overnighted a business check (not certified or a cashiers check) and gave me his fedex number to overnight to coin to him. I didn't know him at the time but upon receipt overnighted the coin as promised. Coin was over twenty grand but I sensed no red flags, and had no problems.

About the same time, a major auction house overnighted a signature win to me of about $15,000 on open account. Our business before that time had been minimal, but they trusted me and we have done substantial business since.

I am more cautious now as the lower volume and margins dictate a more conservative approach. The day though that you are afraid to take a risk though, should be your last day as a business owner.

jmlanzaf

Only if there was the possibility of return or refund

@Zoins said:

@jmlanzaf said:

@Coinstartled said:
Ok, as we are on Ebay, what is the feedback of the unknown seller? If it under 20 or 30 and with few or no vosible coin transactions. No I would not buy from them. Plenty of good feedback with coins. I am in. I would call the guy first on a major purchase to make sure he knows coins. Phone numbers are not easy to get...but not all that difficult either.

Business people take on risk and clearly the purchase as you set it up would have some. To buy an $800 coin to resell on Ebay for a $1000 with a $100 profit, i would not stick my neck out very far. To double my money on a $500 coin, I would be more apt to take some additional risk.

When checks and MO's were an option a decade or more ago, it was not my first choice but did so a number of times and never had a negative outcome. PCGS slab counterfeiting was not so much of an issue at the time. I would want to see decent pics of the slab amd coin and would make an intelligent decision based on that.

...and finally, this poll is a long way off from the other thread where the question was whether you would by a coin from an unknown Ebay seller with the assumption that Paypal could be used. The idea was that minor dissatisfaction with a coin is not a good enough reason to nail the seller with rapidly mandated fees. Not an incident where the seller was fraudulent.

You may vote as you wish. But I think anyone who chooses no possibility of return or refund is really just trying to be difficult.

That's not really true. I buy very rare items and I often buy from unknown sellers with no thought of return or refund. These are basically things that have never appeared on the market before.

Again, I think this is deceptive unless you paid with cash or a money order and the transaction didn't occur through eBay.

But, admittedly, cost is an issue. A $20 coin, most of us would take a shot on. A $100 coin? A $1000 coin?

MasonG

Only if there was the possibility of return or refund

@jmlanzaf said:
But I think anyone who chooses no possibility of return or refund is really just trying to be difficult.

When there's nothing at risk, it's easy to take any position one would like on the subject.

Zoins

There was no possibility of return or refund. Ever.

@jmlanzaf said:

@Zoins said:

@jmlanzaf said:

@Coinstartled said:
Ok, as we are on Ebay, what is the feedback of the unknown seller? If it under 20 or 30 and with few or no vosible coin transactions. No I would not buy from them. Plenty of good feedback with coins. I am in. I would call the guy first on a major purchase to make sure he knows coins. Phone numbers are not easy to get...but not all that difficult either.

Business people take on risk and clearly the purchase as you set it up would have some. To buy an $800 coin to resell on Ebay for a $1000 with a $100 profit, i would not stick my neck out very far. To double my money on a $500 coin, I would be more apt to take some additional risk.

When checks and MO's were an option a decade or more ago, it was not my first choice but did so a number of times and never had a negative outcome. PCGS slab counterfeiting was not so much of an issue at the time. I would want to see decent pics of the slab amd coin and would make an intelligent decision based on that.

...and finally, this poll is a long way off from the other thread where the question was whether you would by a coin from an unknown Ebay seller with the assumption that Paypal could be used. The idea was that minor dissatisfaction with a coin is not a good enough reason to nail the seller with rapidly mandated fees. Not an incident where the seller was fraudulent.

You may vote as you wish. But I think anyone who chooses no possibility of return or refund is really just trying to be difficult.

That's not really true. I buy very rare items and I often buy from unknown sellers with no thought of return or refund. These are basically things that have never appeared on the market before.

Again, I think this is deceptive unless you paid with cash or a money order and the transaction didn't occur through eBay.

But, admittedly, cost is an issue. A $20 coin, most of us would take a shot on. A $100 coin? A $1000 coin?

Not really deceptive. For very rare items, at even over a $1000 level I'd take the chance as I have a pretty good track record now. I never really think about returns and haven't made a return in over 10 years.

But again, I think this comes down to what is being purchased.

• No returns necessary: very rare or inexpensive items
• Returns necessary: more common items above a certain price

While I have a "returns necessary" category, I generally never need or exercise return privilege.

jmlanzaf

Only if there was the possibility of return or refund

@Coinstartled said:

@jmlanzaf said:

@Coinstartled said:
Somehow I ended up on Team Errorsoncoins.

Glad it is Saturday and I have some brandy.

I'll comment further after a shot.

LOL. Oddly, I ended up on Team @Coinstartled

See, generally speaking I seem to agree with @ErrorsonCoins more than you. BUT BUT BUT every minor disagreement with errorsoncoins results in him preaching and insulting. I kind of feel like our disagreements are more friendly even though they are more numerous.

I'd be surprised if you are really on Team Errors here. Look at the other thread, which is where this started. He basically said on the other thread that eBay returns are a non-factor because he's so smart he never needs them. He's not actually complaining about the 3% cost of returns - which I think is your position.

I do my best to keep the disagreements gentlemanly. We are all in this together as dealers and collectors.

Early in the game for me, 2004 or so, I sold an 1894 Dollar in MS 65 to a buyer in New York. Not an inexpensive coin. The guy had good feedback maybe a couple hundred and seemed to be a top Morgan collector/dealer. He overnighted a business check (not certified or a cashiers check) and gave me his fedex number to overnight to coin to him. I didn't know him at the time but upon receipt overnighted the coin as promised. Coin was over twenty grand but I sensed no red flags, and had no problems.

About the same time, a major auction house overnighted a signature win to me of about $15,000 on open account. Our business before that time had been minimal, but they trusted me and we have done substantial business since.

I am more cautious now as the lower volume and margins dictate a more conservative approach. The day though that you are afraid to take a risk though, should be your last day as a business owner.

There is some truth in this, but we're talking EBAY HERE. Remember, EBAY! LOL

As a coin dealer, EVERY over the counter buy you make has the possibility of being a total loss. If the merchandise is stolen, you have to turn it over to the police with little chance of recouping your cash. So, I agree that we take risks. But ever dealer I know has turned down a deal that they "had a bad feeling about" because of the risk that it was stolen.

Did I mention that these transactions are on EBAY?

Next time there's a thread about an eBay deal gone bad, I'm going to laugh when all of you tell the person not to worry, they have Buyer's Protection. Cuz none of you need it. LOL

Don't worry, I'm still on Team Coinstartled. [Is that good news or bad news for you?]

I may even join you in the countdown. I'm feeling like retiring from selling coins on eBay right now anyway.

Coinstartled

There was no possibility of return or refund. Ever.

@jmlanzaf said:

@Zoins said:

@jmlanzaf said:

@Coinstartled said:
Ok, as we are on Ebay, what is the feedback of the unknown seller? If it under 20 or 30 and with few or no vosible coin transactions. No I would not buy from them. Plenty of good feedback with coins. I am in. I would call the guy first on a major purchase to make sure he knows coins. Phone numbers are not easy to get...but not all that difficult either.

Business people take on risk and clearly the purchase as you set it up would have some. To buy an $800 coin to resell on Ebay for a $1000 with a $100 profit, i would not stick my neck out very far. To double my money on a $500 coin, I would be more apt to take some additional risk.

When checks and MO's were an option a decade or more ago, it was not my first choice but did so a number of times and never had a negative outcome. PCGS slab counterfeiting was not so much of an issue at the time. I would want to see decent pics of the slab amd coin and would make an intelligent decision based on that.

...and finally, this poll is a long way off from the other thread where the question was whether you would by a coin from an unknown Ebay seller with the assumption that Paypal could be used. The idea was that minor dissatisfaction with a coin is not a good enough reason to nail the seller with rapidly mandated fees. Not an incident where the seller was fraudulent.

You may vote as you wish. But I think anyone who chooses no possibility of return or refund is really just trying to be difficult.

That's not really true. I buy very rare items and I often buy from unknown sellers with no thought of return or refund. These are basically things that have never appeared on the market before.

Again, I think this is deceptive unless you paid with cash or a money order and the transaction didn't occur through eBay.

But, admittedly, cost is an issue. A $20 coin, most of us would take a shot on. A $100 coin? A $1000 coin?

Consider the pawn dealer. Every item that walks in the door is suspect. Even if he take all precautions to ensure that a coin and holder are legitimate, it may be stolen and he is out the thousand or ten thousand bucks. That happens, but is offset by the margin on the successful transactions.

jmlanzaf

Only if there was the possibility of return or refund

@Zoins said:

@jmlanzaf said:

@Zoins said:

@jmlanzaf said:

@Coinstartled said:
Ok, as we are on Ebay, what is the feedback of the unknown seller? If it under 20 or 30 and with few or no vosible coin transactions. No I would not buy from them. Plenty of good feedback with coins. I am in. I would call the guy first on a major purchase to make sure he knows coins. Phone numbers are not easy to get...but not all that difficult either.

Business people take on risk and clearly the purchase as you set it up would have some. To buy an $800 coin to resell on Ebay for a $1000 with a $100 profit, i would not stick my neck out very far. To double my money on a $500 coin, I would be more apt to take some additional risk.

When checks and MO's were an option a decade or more ago, it was not my first choice but did so a number of times and never had a negative outcome. PCGS slab counterfeiting was not so much of an issue at the time. I would want to see decent pics of the slab amd coin and would make an intelligent decision based on that.

...and finally, this poll is a long way off from the other thread where the question was whether you would by a coin from an unknown Ebay seller with the assumption that Paypal could be used. The idea was that minor dissatisfaction with a coin is not a good enough reason to nail the seller with rapidly mandated fees. Not an incident where the seller was fraudulent.

You may vote as you wish. But I think anyone who chooses no possibility of return or refund is really just trying to be difficult.

That's not really true. I buy very rare items and I often buy from unknown sellers with no thought of return or refund. These are basically things that have never appeared on the market before.

Again, I think this is deceptive unless you paid with cash or a money order and the transaction didn't occur through eBay.

But, admittedly, cost is an issue. A $20 coin, most of us would take a shot on. A $100 coin? A $1000 coin?

Not really deceptive. For very rare items, at even over a $1000 level I'd take the chance as I have a pretty good track record now. I never really think about returns and haven't made a return in over 10 years.

But again, I think this comes down to what is being purchased.

• No returns necessary: very rare or inexpensive items
• Returns necessary: more common items above a certain price.

I think you're forgetting the possibility of outright fraud. I mean, be honest here, if someone on this board asked your advice about buying a rare medal from a stranger in a different country who insisted on being paid by cash or a cash equivalent, what would you tell them? "Go ahead, take a chance!" "Or, RED FLAG RED FLAG RED FLAG"

jmlanzaf

Only if there was the possibility of return or refund

@Coinstartled said:

@jmlanzaf said:

@Zoins said:

@jmlanzaf said:

@Coinstartled said:
Ok, as we are on Ebay, what is the feedback of the unknown seller? If it under 20 or 30 and with few or no vosible coin transactions. No I would not buy from them. Plenty of good feedback with coins. I am in. I would call the guy first on a major purchase to make sure he knows coins. Phone numbers are not easy to get...but not all that difficult either.

Business people take on risk and clearly the purchase as you set it up would have some. To buy an $800 coin to resell on Ebay for a $1000 with a $100 profit, i would not stick my neck out very far. To double my money on a $500 coin, I would be more apt to take some additional risk.

When checks and MO's were an option a decade or more ago, it was not my first choice but did so a number of times and never had a negative outcome. PCGS slab counterfeiting was not so much of an issue at the time. I would want to see decent pics of the slab amd coin and would make an intelligent decision based on that.

...and finally, this poll is a long way off from the other thread where the question was whether you would by a coin from an unknown Ebay seller with the assumption that Paypal could be used. The idea was that minor dissatisfaction with a coin is not a good enough reason to nail the seller with rapidly mandated fees. Not an incident where the seller was fraudulent.

You may vote as you wish. But I think anyone who chooses no possibility of return or refund is really just trying to be difficult.

That's not really true. I buy very rare items and I often buy from unknown sellers with no thought of return or refund. These are basically things that have never appeared on the market before.

Again, I think this is deceptive unless you paid with cash or a money order and the transaction didn't occur through eBay.

But, admittedly, cost is an issue. A $20 coin, most of us would take a shot on. A $100 coin? A $1000 coin?

Consider the pawn dealer. Every item that walks in the door is suspect. Even if he take all precautions to ensure that a coin and holder are legitimate, it may be stolen and he is out the thousand or ten thousand bucks. That happens, but is offset by the margin on the successful transactions.

That's funny, I just posted this same thing about stolen good.

TEAM COINSTARTLED!

Zoins

There was no possibility of return or refund. Ever.

@jmlanzaf said:

@Zoins said:

@jmlanzaf said:

@Zoins said:

@jmlanzaf said:

@Coinstartled said:
Ok, as we are on Ebay, what is the feedback of the unknown seller? If it under 20 or 30 and with few or no vosible coin transactions. No I would not buy from them. Plenty of good feedback with coins. I am in. I would call the guy first on a major purchase to make sure he knows coins. Phone numbers are not easy to get...but not all that difficult either.

Business people take on risk and clearly the purchase as you set it up would have some. To buy an $800 coin to resell on Ebay for a $1000 with a $100 profit, i would not stick my neck out very far. To double my money on a $500 coin, I would be more apt to take some additional risk.

When checks and MO's were an option a decade or more ago, it was not my first choice but did so a number of times and never had a negative outcome. PCGS slab counterfeiting was not so much of an issue at the time. I would want to see decent pics of the slab amd coin and would make an intelligent decision based on that.

...and finally, this poll is a long way off from the other thread where the question was whether you would by a coin from an unknown Ebay seller with the assumption that Paypal could be used. The idea was that minor dissatisfaction with a coin is not a good enough reason to nail the seller with rapidly mandated fees. Not an incident where the seller was fraudulent.

You may vote as you wish. But I think anyone who chooses no possibility of return or refund is really just trying to be difficult.

That's not really true. I buy very rare items and I often buy from unknown sellers with no thought of return or refund. These are basically things that have never appeared on the market before.

Again, I think this is deceptive unless you paid with cash or a money order and the transaction didn't occur through eBay.

But, admittedly, cost is an issue. A $20 coin, most of us would take a shot on. A $100 coin? A $1000 coin?

Not really deceptive. For very rare items, at even over a $1000 level I'd take the chance as I have a pretty good track record now. I never really think about returns and haven't made a return in over 10 years.

But again, I think this comes down to what is being purchased.

• No returns necessary: very rare or inexpensive items
• Returns necessary: more common items above a certain price.

I think you're forgetting the possibility of outright fraud. I mean, be honest here, if someone on this board asked your advice about buying a rare medal from a stranger in a different country who insisted on being paid by cash or a cash equivalent, what would you tell them? "Go ahead, take a chance!" "Or, RED FLAG RED FLAG RED FLAG"

Well, I have purchased rare items from strangers in different countries.

If there's an indication of fraud, I probably would simply not buy regardless of return privilege, not buy with a return privilege.

If you suspect fraud, do you buy and attempt a return?

jmlanzaf

Only if there was the possibility of return or refund

@Zoins said:

@jmlanzaf said:

@Zoins said:

@jmlanzaf said:

@Zoins said:

@jmlanzaf said:

@Coinstartled said:
Ok, as we are on Ebay, what is the feedback of the unknown seller? If it under 20 or 30 and with few or no vosible coin transactions. No I would not buy from them. Plenty of good feedback with coins. I am in. I would call the guy first on a major purchase to make sure he knows coins. Phone numbers are not easy to get...but not all that difficult either.

Business people take on risk and clearly the purchase as you set it up would have some. To buy an $800 coin to resell on Ebay for a $1000 with a $100 profit, i would not stick my neck out very far. To double my money on a $500 coin, I would be more apt to take some additional risk.

When checks and MO's were an option a decade or more ago, it was not my first choice but did so a number of times and never had a negative outcome. PCGS slab counterfeiting was not so much of an issue at the time. I would want to see decent pics of the slab amd coin and would make an intelligent decision based on that.

...and finally, this poll is a long way off from the other thread where the question was whether you would by a coin from an unknown Ebay seller with the assumption that Paypal could be used. The idea was that minor dissatisfaction with a coin is not a good enough reason to nail the seller with rapidly mandated fees. Not an incident where the seller was fraudulent.

You may vote as you wish. But I think anyone who chooses no possibility of return or refund is really just trying to be difficult.

That's not really true. I buy very rare items and I often buy from unknown sellers with no thought of return or refund. These are basically things that have never appeared on the market before.

Again, I think this is deceptive unless you paid with cash or a money order and the transaction didn't occur through eBay.

But, admittedly, cost is an issue. A $20 coin, most of us would take a shot on. A $100 coin? A $1000 coin?

Not really deceptive. For very rare items, at even over a $1000 level I'd take the chance as I have a pretty good track record now. I never really think about returns and haven't made a return in over 10 years.

But again, I think this comes down to what is being purchased.

• No returns necessary: very rare or inexpensive items
• Returns necessary: more common items above a certain price.

I think you're forgetting the possibility of outright fraud. I mean, be honest here, if someone on this board asked your advice about buying a rare medal from a stranger in a different country who insisted on being paid by cash or a cash equivalent, what would you tell them? "Go ahead, take a chance!" "Or, RED FLAG RED FLAG RED FLAG"

Well, I have purchased rare items from strangers in different countries.

If there's an indication of fraud, I probably would simply not buy, not buy with a return privilege.

If you suspect fraud, do you buy and attempt a return?

If you SUSPECT fraud - you don't buy.

If you CONSIDER THE POSSIBILITY of fraud - you pay with a Credit Card so you can file a chargeback.

I'm rather surprised everyone forgets how many times that very advice has been given on these boards.

Without naming names, there's a major dealer on these boards who insists on buying using PayPal and he pays with a 3% premium to cover the fees. Why? He's buying insurance.

When I was buying the 2019-S eagles here, there's only one person I paid by check. I asked everyone else to please accept PayPal + 3% because I didn't know any of them.

Zoins

There was no possibility of return or refund. Ever.

@jmlanzaf said:

@Zoins said:

@jmlanzaf said:

@Zoins said:

@jmlanzaf said:

@Zoins said:

@jmlanzaf said:

@Coinstartled said:
Ok, as we are on Ebay, what is the feedback of the unknown seller? If it under 20 or 30 and with few or no vosible coin transactions. No I would not buy from them. Plenty of good feedback with coins. I am in. I would call the guy first on a major purchase to make sure he knows coins. Phone numbers are not easy to get...but not all that difficult either.

Business people take on risk and clearly the purchase as you set it up would have some. To buy an $800 coin to resell on Ebay for a $1000 with a $100 profit, i would not stick my neck out very far. To double my money on a $500 coin, I would be more apt to take some additional risk.

When checks and MO's were an option a decade or more ago, it was not my first choice but did so a number of times and never had a negative outcome. PCGS slab counterfeiting was not so much of an issue at the time. I would want to see decent pics of the slab amd coin and would make an intelligent decision based on that.

...and finally, this poll is a long way off from the other thread where the question was whether you would by a coin from an unknown Ebay seller with the assumption that Paypal could be used. The idea was that minor dissatisfaction with a coin is not a good enough reason to nail the seller with rapidly mandated fees. Not an incident where the seller was fraudulent.

You may vote as you wish. But I think anyone who chooses no possibility of return or refund is really just trying to be difficult.

That's not really true. I buy very rare items and I often buy from unknown sellers with no thought of return or refund. These are basically things that have never appeared on the market before.

Again, I think this is deceptive unless you paid with cash or a money order and the transaction didn't occur through eBay.

But, admittedly, cost is an issue. A $20 coin, most of us would take a shot on. A $100 coin? A $1000 coin?

Not really deceptive. For very rare items, at even over a $1000 level I'd take the chance as I have a pretty good track record now. I never really think about returns and haven't made a return in over 10 years.

But again, I think this comes down to what is being purchased.

• No returns necessary: very rare or inexpensive items
• Returns necessary: more common items above a certain price.

I think you're forgetting the possibility of outright fraud. I mean, be honest here, if someone on this board asked your advice about buying a rare medal from a stranger in a different country who insisted on being paid by cash or a cash equivalent, what would you tell them? "Go ahead, take a chance!" "Or, RED FLAG RED FLAG RED FLAG"

Well, I have purchased rare items from strangers in different countries.

If there's an indication of fraud, I probably would simply not buy, not buy with a return privilege.

If you suspect fraud, do you buy and attempt a return?

If you SUSPECT fraud - you don't buy.

If you CONSIDER THE POSSIBILITY of fraud - you pay with a Credit Card so you can file a chargeback.

I'm rather surprised everyone forgets how many times that very advice has been given on these boards.

Without naming names, there's a major dealer on these boards who insists on buying using PayPal and he pays with a 3% premium to cover the fees. Why? He's buying insurance.

When I was buying the 2019-S eagles here, there's only one person I paid by check. I asked everyone else to please accept PayPal + 3% because I didn't know any of them.

For a number of the items I buy, it's hard to know if it's fake or not because it's so rare that there's very little references available so I don't really have a chance to verify things and I'm ok with that.

In general, I tend to return more common things, like I buy from Amazon, Target or Home Depot if they don't meet my requirements for use. I don't really have any requirements for coins except enjoyment.

Coinstartled

There was no possibility of return or refund. Ever.

@jmlanzaf said:

@Coinstartled said:

@jmlanzaf said:

@Zoins said:

@jmlanzaf said:

@Coinstartled said:
Ok, as we are on Ebay, what is the feedback of the unknown seller? If it under 20 or 30 and with few or no vosible coin transactions. No I would not buy from them. Plenty of good feedback with coins. I am in. I would call the guy first on a major purchase to make sure he knows coins. Phone numbers are not easy to get...but not all that difficult either.

Business people take on risk and clearly the purchase as you set it up would have some. To buy an $800 coin to resell on Ebay for a $1000 with a $100 profit, i would not stick my neck out very far. To double my money on a $500 coin, I would be more apt to take some additional risk.

When checks and MO's were an option a decade or more ago, it was not my first choice but did so a number of times and never had a negative outcome. PCGS slab counterfeiting was not so much of an issue at the time. I would want to see decent pics of the slab amd coin and would make an intelligent decision based on that.

...and finally, this poll is a long way off from the other thread where the question was whether you would by a coin from an unknown Ebay seller with the assumption that Paypal could be used. The idea was that minor dissatisfaction with a coin is not a good enough reason to nail the seller with rapidly mandated fees. Not an incident where the seller was fraudulent.

You may vote as you wish. But I think anyone who chooses no possibility of return or refund is really just trying to be difficult.

That's not really true. I buy very rare items and I often buy from unknown sellers with no thought of return or refund. These are basically things that have never appeared on the market before.

Again, I think this is deceptive unless you paid with cash or a money order and the transaction didn't occur through eBay.

But, admittedly, cost is an issue. A $20 coin, most of us would take a shot on. A $100 coin? A $1000 coin?

Consider the pawn dealer. Every item that walks in the door is suspect. Even if he take all precautions to ensure that a coin and holder are legitimate, it may be stolen and he is out the thousand or ten thousand bucks. That happens, but is offset by the margin on the successful transactions.

That's funny, I just posted this same thing about stolen good.

TEAM COINSTARTLED!

No better way to spend an online Saturday night, my friend.

jmlanzaf

Only if there was the possibility of return or refund

@Zoins said:

@jmlanzaf said:

@Zoins said:

@jmlanzaf said:

@Zoins said:

@jmlanzaf said:

@Zoins said:

@jmlanzaf said:

@Coinstartled said:
Ok, as we are on Ebay, what is the feedback of the unknown seller? If it under 20 or 30 and with few or no vosible coin transactions. No I would not buy from them. Plenty of good feedback with coins. I am in. I would call the guy first on a major purchase to make sure he knows coins. Phone numbers are not easy to get...but not all that difficult either.

Business people take on risk and clearly the purchase as you set it up would have some. To buy an $800 coin to resell on Ebay for a $1000 with a $100 profit, i would not stick my neck out very far. To double my money on a $500 coin, I would be more apt to take some additional risk.

When checks and MO's were an option a decade or more ago, it was not my first choice but did so a number of times and never had a negative outcome. PCGS slab counterfeiting was not so much of an issue at the time. I would want to see decent pics of the slab amd coin and would make an intelligent decision based on that.

...and finally, this poll is a long way off from the other thread where the question was whether you would by a coin from an unknown Ebay seller with the assumption that Paypal could be used. The idea was that minor dissatisfaction with a coin is not a good enough reason to nail the seller with rapidly mandated fees. Not an incident where the seller was fraudulent.

You may vote as you wish. But I think anyone who chooses no possibility of return or refund is really just trying to be difficult.

That's not really true. I buy very rare items and I often buy from unknown sellers with no thought of return or refund. These are basically things that have never appeared on the market before.

Again, I think this is deceptive unless you paid with cash or a money order and the transaction didn't occur through eBay.

But, admittedly, cost is an issue. A $20 coin, most of us would take a shot on. A $100 coin? A $1000 coin?

Not really deceptive. For very rare items, at even over a $1000 level I'd take the chance as I have a pretty good track record now. I never really think about returns and haven't made a return in over 10 years.

But again, I think this comes down to what is being purchased.

• No returns necessary: very rare or inexpensive items
• Returns necessary: more common items above a certain price.

I think you're forgetting the possibility of outright fraud. I mean, be honest here, if someone on this board asked your advice about buying a rare medal from a stranger in a different country who insisted on being paid by cash or a cash equivalent, what would you tell them? "Go ahead, take a chance!" "Or, RED FLAG RED FLAG RED FLAG"

Well, I have purchased rare items from strangers in different countries.

If there's an indication of fraud, I probably would simply not buy, not buy with a return privilege.

If you suspect fraud, do you buy and attempt a return?

If you SUSPECT fraud - you don't buy.

If you CONSIDER THE POSSIBILITY of fraud - you pay with a Credit Card so you can file a chargeback.

I'm rather surprised everyone forgets how many times that very advice has been given on these boards.

Without naming names, there's a major dealer on these boards who insists on buying using PayPal and he pays with a 3% premium to cover the fees. Why? He's buying insurance.

When I was buying the 2019-S eagles here, there's only one person I paid by check. I asked everyone else to please accept PayPal + 3% because I didn't know any of them.

For a number of the items I buy, it's hard to know if it's fake or not because it's so rare that there's very little references available. I don't really have a chance to verify things and I'm ok with that.

In general, I tend to return more common things, like I buy on Amazon, Target or Home Depot if they don't meet my requirements, but coins are a hobby

It doesn't have to be fake - they could simply not ship it at all. Once they have your cash with no easy way for you to file a chargeback, a criminal complaint or a civil suit...

Again, that's why credit cards and eBay and Amazon and Walmart.com etc. bother with the expense of returns/chargebacks etc. It is necessary to give MOST people confidence to send money.

Zoins

There was no possibility of return or refund. Ever.

@jmlanzaf said:

@Zoins said:

@jmlanzaf said:

@Zoins said:

@jmlanzaf said:

@Zoins said:

@jmlanzaf said:

@Zoins said:

@jmlanzaf said:

@Coinstartled said:
Ok, as we are on Ebay, what is the feedback of the unknown seller? If it under 20 or 30 and with few or no vosible coin transactions. No I would not buy from them. Plenty of good feedback with coins. I am in. I would call the guy first on a major purchase to make sure he knows coins. Phone numbers are not easy to get...but not all that difficult either.

Business people take on risk and clearly the purchase as you set it up would have some. To buy an $800 coin to resell on Ebay for a $1000 with a $100 profit, i would not stick my neck out very far. To double my money on a $500 coin, I would be more apt to take some additional risk.

When checks and MO's were an option a decade or more ago, it was not my first choice but did so a number of times and never had a negative outcome. PCGS slab counterfeiting was not so much of an issue at the time. I would want to see decent pics of the slab amd coin and would make an intelligent decision based on that.

...and finally, this poll is a long way off from the other thread where the question was whether you would by a coin from an unknown Ebay seller with the assumption that Paypal could be used. The idea was that minor dissatisfaction with a coin is not a good enough reason to nail the seller with rapidly mandated fees. Not an incident where the seller was fraudulent.

You may vote as you wish. But I think anyone who chooses no possibility of return or refund is really just trying to be difficult.

That's not really true. I buy very rare items and I often buy from unknown sellers with no thought of return or refund. These are basically things that have never appeared on the market before.

Again, I think this is deceptive unless you paid with cash or a money order and the transaction didn't occur through eBay.

But, admittedly, cost is an issue. A $20 coin, most of us would take a shot on. A $100 coin? A $1000 coin?

Not really deceptive. For very rare items, at even over a $1000 level I'd take the chance as I have a pretty good track record now. I never really think about returns and haven't made a return in over 10 years.

But again, I think this comes down to what is being purchased.

• No returns necessary: very rare or inexpensive items
• Returns necessary: more common items above a certain price.

I think you're forgetting the possibility of outright fraud. I mean, be honest here, if someone on this board asked your advice about buying a rare medal from a stranger in a different country who insisted on being paid by cash or a cash equivalent, what would you tell them? "Go ahead, take a chance!" "Or, RED FLAG RED FLAG RED FLAG"

Well, I have purchased rare items from strangers in different countries.

If there's an indication of fraud, I probably would simply not buy, not buy with a return privilege.

If you suspect fraud, do you buy and attempt a return?

If you SUSPECT fraud - you don't buy.

If you CONSIDER THE POSSIBILITY of fraud - you pay with a Credit Card so you can file a chargeback.

I'm rather surprised everyone forgets how many times that very advice has been given on these boards.

Without naming names, there's a major dealer on these boards who insists on buying using PayPal and he pays with a 3% premium to cover the fees. Why? He's buying insurance.

When I was buying the 2019-S eagles here, there's only one person I paid by check. I asked everyone else to please accept PayPal + 3% because I didn't know any of them.

For a number of the items I buy, it's hard to know if it's fake or not because it's so rare that there's very little references available. I don't really have a chance to verify things and I'm ok with that.

In general, I tend to return more common things, like I buy on Amazon, Target or Home Depot if they don't meet my requirements, but coins are a hobby

It doesn't have to be fake - they could simply not ship it at all. Once they have your cash with no easy way for you to file a chargeback, a criminal complaint or a civil suit...

Again, that's why credit cards and eBay and Amazon and Walmart.com etc. bother with the expense of returns/chargebacks etc. It is necessary to give MOST people confidence to send money.

Knock on wood, but my sellers always ship. I've had good luck on eBay.

I have no need to, and have never filed a chargeback, a criminal complaint or a civil suit...

Of course, I'm just one person and others may feel differently.

jmlanzaf

Only if there was the possibility of return or refund

@Coinstartled said:

@jmlanzaf said:

@Coinstartled said:

@jmlanzaf said:

@Zoins said:

@jmlanzaf said:

@Coinstartled said:
Ok, as we are on Ebay, what is the feedback of the unknown seller? If it under 20 or 30 and with few or no vosible coin transactions. No I would not buy from them. Plenty of good feedback with coins. I am in. I would call the guy first on a major purchase to make sure he knows coins. Phone numbers are not easy to get...but not all that difficult either.

Business people take on risk and clearly the purchase as you set it up would have some. To buy an $800 coin to resell on Ebay for a $1000 with a $100 profit, i would not stick my neck out very far. To double my money on a $500 coin, I would be more apt to take some additional risk.

When checks and MO's were an option a decade or more ago, it was not my first choice but did so a number of times and never had a negative outcome. PCGS slab counterfeiting was not so much of an issue at the time. I would want to see decent pics of the slab amd coin and would make an intelligent decision based on that.

...and finally, this poll is a long way off from the other thread where the question was whether you would by a coin from an unknown Ebay seller with the assumption that Paypal could be used. The idea was that minor dissatisfaction with a coin is not a good enough reason to nail the seller with rapidly mandated fees. Not an incident where the seller was fraudulent.

You may vote as you wish. But I think anyone who chooses no possibility of return or refund is really just trying to be difficult.

That's not really true. I buy very rare items and I often buy from unknown sellers with no thought of return or refund. These are basically things that have never appeared on the market before.

Again, I think this is deceptive unless you paid with cash or a money order and the transaction didn't occur through eBay.

But, admittedly, cost is an issue. A $20 coin, most of us would take a shot on. A $100 coin? A $1000 coin?

Consider the pawn dealer. Every item that walks in the door is suspect. Even if he take all precautions to ensure that a coin and holder are legitimate, it may be stolen and he is out the thousand or ten thousand bucks. That happens, but is offset by the margin on the successful transactions.

That's funny, I just posted this same thing about stolen good.

TEAM COINSTARTLED!

No better way to spend an online Saturday night, my friend.

Well, I can think of a couple better ways...

Coinstartled

There was no possibility of return or refund. Ever.

@jmlanzaf said:

@Zoins said:

@jmlanzaf said:

@Zoins said:

@jmlanzaf said:

@Zoins said:

@jmlanzaf said:

@Coinstartled said:
Ok, as we are on Ebay, what is the feedback of the unknown seller? If it under 20 or 30 and with few or no vosible coin transactions. No I would not buy from them. Plenty of good feedback with coins. I am in. I would call the guy first on a major purchase to make sure he knows coins. Phone numbers are not easy to get...but not all that difficult either.

Business people take on risk and clearly the purchase as you set it up would have some. To buy an $800 coin to resell on Ebay for a $1000 with a $100 profit, i would not stick my neck out very far. To double my money on a $500 coin, I would be more apt to take some additional risk.

When checks and MO's were an option a decade or more ago, it was not my first choice but did so a number of times and never had a negative outcome. PCGS slab counterfeiting was not so much of an issue at the time. I would want to see decent pics of the slab amd coin and would make an intelligent decision based on that.

...and finally, this poll is a long way off from the other thread where the question was whether you would by a coin from an unknown Ebay seller with the assumption that Paypal could be used. The idea was that minor dissatisfaction with a coin is not a good enough reason to nail the seller with rapidly mandated fees. Not an incident where the seller was fraudulent.

You may vote as you wish. But I think anyone who chooses no possibility of return or refund is really just trying to be difficult.

That's not really true. I buy very rare items and I often buy from unknown sellers with no thought of return or refund. These are basically things that have never appeared on the market before.

Again, I think this is deceptive unless you paid with cash or a money order and the transaction didn't occur through eBay.

But, admittedly, cost is an issue. A $20 coin, most of us would take a shot on. A $100 coin? A $1000 coin?

Not really deceptive. For very rare items, at even over a $1000 level I'd take the chance as I have a pretty good track record now. I never really think about returns and haven't made a return in over 10 years.

But again, I think this comes down to what is being purchased.

• No returns necessary: very rare or inexpensive items
• Returns necessary: more common items above a certain price.

I think you're forgetting the possibility of outright fraud. I mean, be honest here, if someone on this board asked your advice about buying a rare medal from a stranger in a different country who insisted on being paid by cash or a cash equivalent, what would you tell them? "Go ahead, take a chance!" "Or, RED FLAG RED FLAG RED FLAG"

Well, I have purchased rare items from strangers in different countries.

If there's an indication of fraud, I probably would simply not buy, not buy with a return privilege.

If you suspect fraud, do you buy and attempt a return?

If you SUSPECT fraud - you don't buy.

If you CONSIDER THE POSSIBILITY of fraud - you pay with a Credit Card so you can file a chargeback.

I'm rather surprised everyone forgets how many times that very advice has been given on these boards.

Without naming names, there's a major dealer on these boards who insists on buying using PayPal and he pays with a 3% premium to cover the fees. Why? He's buying insurance.

Most collectors have weak knees when it comes to getting beat on a purchase so the insurance makes sense.

I have never been a proponent of the fee free Paypal deal because it is intended for F&F not business transactions. Having said that, to pay an extra 3% is a steep fee as nowhere near that high of a percentage of BST deals go bad...at least from users that have been on the boards for a while. But it allows those with limited ability to absorb risk to sleep better, so it is worth it to them.

I self insure everything up to $1000 and shuddered a bit when i read about the Silver Spring postal thefts, but the risk of loss is far lower than the cost of insurance so until I get to the registered level I eat the risk. Some folks have businesses that book the action at a much higher dollar level. It is all relative.

Zoins

There was no possibility of return or refund. Ever.

If I had to think about returns a lot, it would take the fun out of the hobby for me. As mentioned, I've never filed a chargeback, a criminal complaint or a civil suit...

I'm more concerned about paying moon money to major auction houses that don't take returns than buying from an unknown seller on eBay that doesn't take returns. Of course, that doesn't stop me from spending moon money with major auction houses either.

ChrisH821

There was no possibility of return or refund. Ever.

Roll the dice! Sometimes it works out, sometimes not so much