@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.
I do think about credit card protection against fraud for unknown websites but not really from unknown sellers on eBay. Of course, by now, I have a reasonable amount of experience with eBay. If I was just starting out, it would be different.
Only if there was the possibility of return or refund
@derryb said:
There is always a possibility and a damn good chance of a return and a refund if item is not as described.
While the seller may not have one, ebay always has a return policy.
So what's the hidden agenda behind this poll?
It's not so hidden. If you go to the thread about the "3rd return on eBay", there was a little spat between myself and errorsoncoins about the value of having a return policy.
Again, the question was hypothetical. Would you buy IF THERE WAS NO CHANCE OF RETURN OR REFUND? [No eBay guarantee, no chargeback, no PayPal protection. Old eBay - send a money order and hope the coin arrives.]
@derryb said:
There is always a possibility and a damn good chance of a return and a refund if item is not as described.
While the seller may not have one, ebay always has a return policy.
So what's the hidden agenda behind this poll?
It's not so hidden. If you go to the thread about the "3rd return on eBay", there was a little spat between myself and errorsoncoins about the value of having a return policy.
Again, the question was hypothetical. Would you buy IF THERE WAS NO CHANCE OF RETURN OR REFUND? [No eBay guarantee, no chargeback, no PayPal protection. Old eBay - send a money order and hope the coin arrives.]
@derryb said:
There is always a possibility and a damn good chance of a return and a refund if item is not as described.
While the seller may not have one, ebay always has a return policy.
So what's the hidden agenda behind this poll?
It's not so hidden. If you go to the thread about the "3rd return on eBay", there was a little spat between myself and errorsoncoins about the value of having a return policy.
Again, the question was hypothetical. Would you buy IF THERE WAS NO CHANCE OF RETURN OR REFUND? [No eBay guarantee, no chargeback, no PayPal protection. Old eBay - send a money order and hope the coin arrives.]
Of course, I did buy on the old eBay....
So did I - but never anything too expensive from people who didn't have a track record.
@derryb said:
There is always a possibility and a damn good chance of a return and a refund if item is not as described.
While the seller may not have one, ebay always has a return policy.
So what's the hidden agenda behind this poll?
It's not so hidden. If you go to the thread about the "3rd return on eBay", there was a little spat between myself and errorsoncoins about the value of having a return policy.
Again, the question was hypothetical. Would you buy IF THERE WAS NO CHANCE OF RETURN OR REFUND? [No eBay guarantee, no chargeback, no PayPal protection. Old eBay - send a money order and hope the coin arrives.]
Of course, I did buy on the old eBay....
So did I - but never anything too expensive from people who didn't have a track record.
I guess it comes down to risk tolerance. I bought a Porsche on eBay from someone who didn't have a long track record in the early days.
Again, the question was hypothetical. Would you buy IF THERE WAS NO CHANCE OF RETURN OR REFUND? [No eBay guarantee, no chargeback, no PayPal protection. Old eBay - send a money order and hope the coin arrives.]
question is irrelevant, there is always a return and refund on ebay, one way or the other.
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
Only if there was the possibility of return or refund
jmlanzaf-
I'm afraid you derailed your own poll by including "eBay" in the question. It appears not everybody is able to work through a hypothetical situation without getting sidetracked when it comes to eBay.
Again, the question was hypothetical. Would you buy IF THERE WAS NO CHANCE OF RETURN OR REFUND? [No eBay guarantee, no chargeback, no PayPal protection. Old eBay - send a money order and hope the coin arrives.]
question is irrelevant, there is always a return and refund on ebay, one way or the other.
There didn't used to be. And they could go back to allowing money orders.
@jmlanzaf said:
If you go to the thread about the "3rd return on eBay", there was a little spat between myself and errorsoncoins about the value of having a return policy.
The value of having a return policy is this:
It provides piece of mind to the buyer that the seller is not a scammer.
It provides a reduction in final fees for a store front seller.
Return policy is great for a seller until it gets abused by a tire kicker. Tire kickers should have some skin in the game.
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
I'm afraid you derailed your own poll by including "eBay" in the question. It appears not everybody is able to work through a hypothetical situation without getting sidetracked when it comes to eBay.
LOL. You always learn something from any question. In fact, you usually learn more from the questions they can't answer than from the questions they can answer.
I picked eBay on purpose because there are so many negative things said about eBay. To read some threads, you'd think that there was nothing but fraud and counterfeits on eBay. Yet, when I ask this question, all of a sudden people are willing to just send cash to strangers hoping they are going to get what they bargained for. smh...
Maybe it's not the question, maybe it's the fact that I asked it.
@jmlanzaf said:
If you go to the thread about the "3rd return on eBay", there was a little spat between myself and errorsoncoins about the value of having a return policy.
The value of having a return policy is this:
It provides piece of mind to the buyer that the seller is not a scammer.
It provides a reduction in final fees for a store front seller.
Return policy is great for a seller until it gets abused by a tire kicker.
I TOTALLY agree. But oddly, a number of people on this thread seem to feel that such a guarantee is unnecessary.
@jmlanzaf said:
If you go to the thread about the "3rd return on eBay", there was a little spat between myself and errorsoncoins about the value of having a return policy.
The value of having a return policy is this:
It provides piece of mind to the buyer that the seller is not a scammer.
It provides a reduction in final fees for a store front seller.
Return policy is great for a seller until it gets abused by a tire kicker.
I TOTALLY agree. But oddly, a number of people on this thread seem to feel that such a guarantee is unnecessary.
It's odd to expect everyone to have the same views on an individual point of view. There would be higher probability to expect similar results asking what one believes the general public believes vs. specific individual perspectives.
You even said you purchased from the old eBay yourself when there were no guarantees.
There are also many different situations. From the seller's perspective, there are even eBay sellers that don't sell to anyone under $1,500!
@jmlanzaf said:
Maybe it's not the question, maybe it's the fact that I asked it.
I wasn't going to say anything, but...
I have anti-charisma
BTDT. I'd be willing to bet some of the answers would be different, if another poster had started the poll.
What was the desired result? Right now "Only if there was the possibility of return or refund" is at 70% which is very high. Was the thought that this should be 100%?
Perhaps everyone that checked "There was no possibility of return or refund. Ever." would have purchased on the old eBay and those that checked "Only if there was the possibility of return or refund" would be shoppers only on the new eBay?
LOL! I bought a $65,000.00 Boat on ebay for $33,000.00 and had to drive 1000 miles in winter weather to pick it up before I knew the deal would happen!
@derryb said:
There is always a possibility and a damn good chance of a return and a refund if item is not as described.
While the seller may not have one, ebay always has a return policy.
So what's the hidden agenda behind this poll?
It's not so hidden. If you go to the thread about the "3rd return on eBay", there was a little spat between myself and errorsoncoins about the value of having a return policy.
Again, the question was hypothetical. Would you buy IF THERE WAS NO CHANCE OF RETURN OR REFUND? [No eBay guarantee, no chargeback, no PayPal protection. Old eBay - send a money order and hope the coin arrives.]
Of course, I did buy on the old eBay....
So did I - but never anything too expensive from people who didn't have a track record.
I guess it comes down to risk tolerance. I bought a Porsche on eBay from someone who didn't have a long track record in the early days.
@Zoins said:
Right now "Only if there was the possibility of return or refund" is at 70%. Was the thought that this should be 100%?
I'd be surprised if 30% of the people responding were honestly indifferent to being protected against fraud.
It's interesting that @jmlanzaf wrote he purchased on the old eBay when there were no protections against fraud, and yet he checked "Only if there was the possibility of return or refund". I wonder how many others that checked they would only purchase with returns actually purchased without protections?
@derryb said:
There is always a possibility and a damn good chance of a return and a refund if item is not as described.
While the seller may not have one, ebay always has a return policy.
So what's the hidden agenda behind this poll?
It's not so hidden. If you go to the thread about the "3rd return on eBay", there was a little spat between myself and errorsoncoins about the value of having a return policy.
Again, the question was hypothetical. Would you buy IF THERE WAS NO CHANCE OF RETURN OR REFUND? [No eBay guarantee, no chargeback, no PayPal protection. Old eBay - send a money order and hope the coin arrives.]
Of course, I did buy on the old eBay....
So did I - but never anything too expensive from people who didn't have a track record.
I guess it comes down to risk tolerance. I bought a Porsche on eBay from someone who didn't have a long track record in the early days.
@derryb said:
There is always a possibility and a damn good chance of a return and a refund if item is not as described.
While the seller may not have one, ebay always has a return policy.
So what's the hidden agenda behind this poll?
It's not so hidden. If you go to the thread about the "3rd return on eBay", there was a little spat between myself and errorsoncoins about the value of having a return policy.
Again, the question was hypothetical. Would you buy IF THERE WAS NO CHANCE OF RETURN OR REFUND? [No eBay guarantee, no chargeback, no PayPal protection. Old eBay - send a money order and hope the coin arrives.]
Of course, I did buy on the old eBay....
So did I - but never anything too expensive from people who didn't have a track record.
I guess it comes down to risk tolerance. I bought a Porsche on eBay from someone who didn't have a long track record in the early days.
Porsche's track record though, makes up for it!
The Porsche was awesome, and like many of the items in my collection, one of a kind
Only if there was the possibility of return or refund
@Zoins said:
The funny thing is that @jmlanzaf wrote he purchased on the old eBay when there were no protections against fraud, and yet he checked "Only if there was the possibility of return or refund".
His poll question was about buying from an unknown seller. There has always been feedback on eBay, which was an avenue to gather information about another eBay member. Not as robust as current eBay/PayPal buyer protections, but it's still a form of protection against fraud.
I really think people are focusing too much on the word "eBay" in the poll question and not enough on the "if".
There was no possibility of return or refund. Ever.
@amwldcoin said:
LOL! I bought a $65,000.00 Boat on ebay for $33,000.00 and had to drive 1000 miles in winter weather to pick it up before I knew the deal would happen!
@derryb said:
There is always a possibility and a damn good chance of a return and a refund if item is not as described.
While the seller may not have one, ebay always has a return policy.
So what's the hidden agenda behind this poll?
It's not so hidden. If you go to the thread about the "3rd return on eBay", there was a little spat between myself and errorsoncoins about the value of having a return policy.
Again, the question was hypothetical. Would you buy IF THERE WAS NO CHANCE OF RETURN OR REFUND? [No eBay guarantee, no chargeback, no PayPal protection. Old eBay - send a money order and hope the coin arrives.]
Of course, I did buy on the old eBay....
So did I - but never anything too expensive from people who didn't have a track record.
I guess it comes down to risk tolerance. I bought a Porsche on eBay from someone who didn't have a long track record in the early days.
@Zoins said:
The funny thing is that @jmlanzaf wrote he purchased on the old eBay when there were no protections against fraud, and yet he checked "Only if there was the possibility of return or refund".
His poll question was about buying from an unknown seller. There has always been feedback on eBay, which was an avenue to gather information about another eBay member. Not as robust as current eBay/PayPal buyer protections, but it's still a form of protection against fraud.
And he confirmed that he purchased from people who "didn't have a track record" which I take to mean unknown sellers without feedback. He did add the caveat that he only purchased this way at limited price levels, however price level isn't mentioned in his poll. I've also mentioned I specifically don't need protection at limited price levels.
I'm actually not sure why it's so hard to understand some people don't need protection below a certain price. If you are buying something the price of dinner, do you really need the money back?
Here's the quote:
@jmlanzaf said:
Again, the question was hypothetical. Would you buy IF THERE WAS NO CHANCE OF RETURN OR REFUND? [No eBay guarantee, no chargeback, no PayPal protection. Old eBay - send a money order and hope the coin arrives.]
@Zoins said:
Of course, I did buy on the old eBay....
@jmlanzaf said:
So did I - but never anything too expensive from people who didn't have a track record.
Only if there was the possibility of return or refund
@Zoins said:
I'm actually not sure why it's so hard to understand some people don't need protection below a certain price. If you are buying something the price of dinner, do you really need the money back?
If that's the case, there'd be no point in asking the question. The only way the question makes any sense is if the amount in question was substantial enough to matter.
@Zoins said:
I'm actually not sure why it's so hard to understand some people don't need protection below a certain price. If you are buying something the price of dinner, do you really need the money back?
If that's the case, there'd be no point in asking the question. The only way the question makes any sense is if the amount in question was substantial enough to matter.
I actually don't think so. Some people probably would want their money back at any level. And people have different levels of caring.
@Zoins said:
I'm actually not sure why it's so hard to understand some people don't need protection below a certain price. If you are buying something the price of dinner, do you really need the money back?
If that's the case, there'd be no point in asking the question. The only way the question makes any sense is if the amount in question was substantial enough to matter.
I actually don't think so. Some people probably would want their money back at any level. And people have different levels of caring.
"Want their money back at any level" could certainly be described as "substantial enough to matter".
@Zoins said:
I'm actually not sure why it's so hard to understand some people don't need protection below a certain price. If you are buying something the price of dinner, do you really need the money back?
If that's the case, there'd be no point in asking the question. The only way the question makes any sense is if the amount in question was substantial enough to matter.
I actually don't think so. Some people probably would want their money back at any level. And people have different levels of caring.
"Want their money back at any level" could certainly be described as "substantial enough to matter".
Yes, but there are probably other people where everything they purchase on eBay is not substantial enough to worry about returns. I didn't see any indication those people should not respond to the poll.
I don't understand why it's seems so important for you that everyone behave the same way. People can be different, which this poll shows.
A 26 ft. Powerquest that was 2 years old. I ended up trading it for a 29 foot Sunsation and got all but $65,000 for it. It was fun dragging that sucker home from Lake Michigan in all but a winter storm!
To keep it coin related I did do a coin deal along the way!
PS while I did talk to the guy on the phone before I bid. His feedback was less than 10 as I recall.
@amwldcoin said:
LOL! I bought a $65,000.00 Boat on ebay for $33,000.00 and had to drive 1000 miles in winter weather to pick it up before I knew the deal would happen!
@derryb said:
There is always a possibility and a damn good chance of a return and a refund if item is not as described.
While the seller may not have one, ebay always has a return policy.
So what's the hidden agenda behind this poll?
It's not so hidden. If you go to the thread about the "3rd return on eBay", there was a little spat between myself and errorsoncoins about the value of having a return policy.
Again, the question was hypothetical. Would you buy IF THERE WAS NO CHANCE OF RETURN OR REFUND? [No eBay guarantee, no chargeback, no PayPal protection. Old eBay - send a money order and hope the coin arrives.]
Of course, I did buy on the old eBay....
So did I - but never anything too expensive from people who didn't have a track record.
I guess it comes down to risk tolerance. I bought a Porsche on eBay from someone who didn't have a long track record in the early days.
@Zoins said:
I don't understand why it's seems so important for you that everyone behave the same way.
??? I have no expectation that everybody would ever behave the same way.
I inferred that when you indicated you didn't believe the 30% were responding honestly. I assumed that you meant some or all of those people should be voting with the 70%. Is this not the case?
Comments
There is always a possibility and a damn good chance of a return and a refund if item is not as described.
While the seller may not have one, ebay always has a return policy.
So what's the hidden agenda behind this poll?
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
I do think about credit card protection against fraud for unknown websites but not really from unknown sellers on eBay. Of course, by now, I have a reasonable amount of experience with eBay. If I was just starting out, it would be different.
It's not so hidden. If you go to the thread about the "3rd return on eBay", there was a little spat between myself and errorsoncoins about the value of having a return policy.
Again, the question was hypothetical. Would you buy IF THERE WAS NO CHANCE OF RETURN OR REFUND? [No eBay guarantee, no chargeback, no PayPal protection. Old eBay - send a money order and hope the coin arrives.]
Of course, I did buy on the old eBay....
So did I - but never anything too expensive from people who didn't have a track record.
I guess it comes down to risk tolerance. I bought a Porsche on eBay from someone who didn't have a long track record in the early days.
question is irrelevant, there is always a return and refund on ebay, one way or the other.
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
jmlanzaf-
I'm afraid you derailed your own poll by including "eBay" in the question. It appears not everybody is able to work through a hypothetical situation without getting sidetracked when it comes to eBay.
There didn't used to be. And they could go back to allowing money orders.
It is HYPOTHETICAL.
The value of having a return policy is this:
Return policy is great for a seller until it gets abused by a tire kicker. Tire kickers should have some skin in the game.
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
I admire your persistence. May the force be with you.
LOL. You always learn something from any question. In fact, you usually learn more from the questions they can't answer than from the questions they can answer.
I picked eBay on purpose because there are so many negative things said about eBay. To read some threads, you'd think that there was nothing but fraud and counterfeits on eBay. Yet, when I ask this question, all of a sudden people are willing to just send cash to strangers hoping they are going to get what they bargained for. smh...
Maybe it's not the question, maybe it's the fact that I asked it.
I TOTALLY agree. But oddly, a number of people on this thread seem to feel that such a guarantee is unnecessary.
I wasn't going to say anything, but...
I have anti-charisma
It's odd to expect everyone to have the same views on an individual point of view. There would be higher probability to expect similar results asking what one believes the general public believes vs. specific individual perspectives.
You even said you purchased from the old eBay yourself when there were no guarantees.
There are also many different situations. From the seller's perspective, there are even eBay sellers that don't sell to anyone under $1,500!
BTDT. I'd be willing to bet some of the answers would be different, if another poster had started the poll.
Pretty sure it's the way you asked it (your choices for an answer).
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
What was the desired result? Right now "Only if there was the possibility of return or refund" is at 70% which is very high. Was the thought that this should be 100%?
Perhaps everyone that checked "There was no possibility of return or refund. Ever." would have purchased on the old eBay and those that checked "Only if there was the possibility of return or refund" would be shoppers only on the new eBay?
I don't know. It's not my poll.
I'd be surprised if 30% of the people responding were honestly indifferent to being protected against fraud.
LOL! I bought a $65,000.00 Boat on ebay for $33,000.00 and had to drive 1000 miles in winter weather to pick it up before I knew the deal would happen!
It's interesting that @jmlanzaf wrote he purchased on the old eBay when there were no protections against fraud, and yet he checked "Only if there was the possibility of return or refund". I wonder how many others that checked they would only purchase with returns actually purchased without protections?
Porsche's track record though, makes up for it!
The Porsche was awesome, and like many of the items in my collection, one of a kind
His poll question was about buying from an unknown seller. There has always been feedback on eBay, which was an avenue to gather information about another eBay member. Not as robust as current eBay/PayPal buyer protections, but it's still a form of protection against fraud.
I really think people are focusing too much on the word "eBay" in the poll question and not enough on the "if".
That's quite a deal! What kind of boat was it?
And he confirmed that he purchased from people who "didn't have a track record" which I take to mean unknown sellers without feedback. He did add the caveat that he only purchased this way at limited price levels, however price level isn't mentioned in his poll. I've also mentioned I specifically don't need protection at limited price levels.
I'm actually not sure why it's so hard to understand some people don't need protection below a certain price. If you are buying something the price of dinner, do you really need the money back?
Here's the quote:
If that's the case, there'd be no point in asking the question. The only way the question makes any sense is if the amount in question was substantial enough to matter.
I actually don't think so. Some people probably would want their money back at any level. And people have different levels of caring.
"Want their money back at any level" could certainly be described as "substantial enough to matter".
Yes, but there are probably other people where everything they purchase on eBay is not substantial enough to worry about returns. I didn't see any indication those people should not respond to the poll.
I don't understand why it's seems so important for you that everyone behave the same way. People can be different, which this poll shows.
A 26 ft. Powerquest that was 2 years old. I ended up trading it for a 29 foot Sunsation and got all but $65,000 for it. It was fun dragging that sucker home from Lake Michigan in all but a winter storm!
To keep it coin related I did do a coin deal along the way!
PS while I did talk to the guy on the phone before I bid. His feedback was less than 10 as I recall.
??? I have no expectation that everybody would ever behave the same way.
I inferred that when you indicated you didn't believe the 30% were responding honestly. I assumed that you meant some or all of those people should be voting with the 70%. Is this not the case?