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why do sellers do this

WAYNEASWAYNEAS Posts: 6,681 ✭✭✭✭✭
in Q & A Forum

https://www.ebay.com/itm/1969-D-PCGS-MS66-KENNEDY-HALF-DOLLAR-Silver/153975066769?hash=item23d9a11091:g:InkAAOSwLg1e6pBa
it is not even PCGS certified but a coin in hand as shown in the listing picture
Please explain why sellers do this as next week it will be a 67% off

Kennedys are my quest...

Comments

  • Namvet69Namvet69 Posts: 8,955 ✭✭✭✭✭

    At least his hand is clean so no covid. I hope. Peace Roy

    BST: endeavor1967, synchr, kliao, Outhaul, Donttellthewife, U1Chicago, ajaan, mCarney1173, SurfinHi, MWallace, Sandman70gt, mustanggt, Pittstate03, Lazybones, Walkerguy21D, coinandcurrency242 , thebigeng, Collectorcoins, JimTyler, USMarine6, Elkevvo, Coll3ctor, Yorkshireman, CUKevin, ranshdow, CoinHunter4, bennybravo, Centsearcher, braddick, Windycity, ZoidMeister, mirabela, JJM, RichURich, Bullsitter, jmski52, LukeMarshall, coinsarefun, MichaelDixon, NickPatton, ProfLiz, Twobitcollector,Jesbroken oih82w8, DCW

  • JimnightJimnight Posts: 10,846 ✭✭✭✭✭

    That's totally crazy using the PCGS name and grade. And the price ... well all I can do is :D

  • ifthevamzarockinifthevamzarockin Posts: 8,855 ✭✭✭✭✭

    Reported

  • YQQYQQ Posts: 3,312 ✭✭✭✭✭

    it is just to get attention.
    remember, a seller can ask anything he wants. Getting it, is another matter.
    and the image might have been taken before it was graded...

    Today is the first day of the rest of my life
  • ifthevamzarockinifthevamzarockin Posts: 8,855 ✭✭✭✭✭

    @YQQ said:
    and the image might have been taken before it was graded...

    To be listed as graded a photo of the slab is required.

  • JimnightJimnight Posts: 10,846 ✭✭✭✭✭

    @ifthevamzarockin said:
    Reported

    I had also reported it.

  • WAYNEASWAYNEAS Posts: 6,681 ✭✭✭✭✭

    @WAYNEAS said:
    https://www.ebay.com/itm/1969-D-PCGS-MS66-KENNEDY-HALF-DOLLAR-Silver/153975066769?hash=item23d9a11091:g:InkAAOSwLg1e6pBa
    it is not even PCGS certified but a coin in hand as shown in the listing picture
    Please explain why sellers do this as next week it will be a 67% off

    so after giving this some serious thought I can now understand the "WHY" in my post.
    if I offer the seller a buy it now bid of a .001 cent offer, it would cost me $10.16 ( 9.60 +.001 -.050). When I include in that the subtraction of the coin value of coin at .050 this would net the seller a neat profit of a minimum $7.50. Ok so do you agree my new thoughts?

    Kennedys are my quest...

  • WAYNEASWAYNEAS Posts: 6,681 ✭✭✭✭✭

    bump

    Kennedys are my quest...

  • ifthevamzarockinifthevamzarockin Posts: 8,855 ✭✭✭✭✭

    Reported 5 days ago by at least 2 members and still active. :/

    Great job ebay! ! :D

  • coinpalicecoinpalice Posts: 2,453 ✭✭✭✭✭

    this seller doesn't know much about anything about coins, they sell collectibles like basketball cards, just look at the other items they are selling and closed auctions

  • DeutscherGeistDeutscherGeist Posts: 2,990 ✭✭✭✭

    I reported it too just now.

    "So many of our DREAMS at first seem impossible, then they seem improbable, and then, when we SUMMON THE WILL they soon become INEVITABLE "- Christopher Reeve

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  • WAYNEASWAYNEAS Posts: 6,681 ✭✭✭✭✭

    still active

    Kennedys are my quest...

  • YQQYQQ Posts: 3,312 ✭✭✭✭✭

    @ifthevamzarockin said:

    @YQQ said:
    and the image might have been taken before it was graded...

    ** To be listed as graded a photo of the slab is required.

    **
    I guess that will depend on how it is described.
    I have not found any rule on that requirement.
    the interested party should be our host. as the name was mentioned and perhaps that is not appropriate if it is not true?

    Today is the first day of the rest of my life
  • philographerphilographer Posts: 1,314 ✭✭✭✭✭
    edited July 6, 2020 10:17AM

    It is easy for people to make a mistake.

    Likely story: He probably looked one up on eBay to see what he had. One in a PCGS holder came up. EBay asks: do you have one to sell?

    If you say yes, then eBay auto-generates a listing. If you don’t notice or don’t understand, you get words such as PCGS in your listing.

    He who knows he has enough is rich.

  • derrybderryb Posts: 36,779 ✭✭✭✭✭

    It's called keyword spamming. It helps get more views when buyers do a search. Might be innocent in this case as Philographer points out. Some sellers do it intentionally to get more search hits. It is a violation of ebay listing policy.

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

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