Crazy hustlers on ebay
lard_lord
Posts: 10 ✭
Saw this seller on ebay selling mundane coins for outrageous prices. Some of these seem to be worth only face value. Is there something I'm missing? I sent him a message asking him to elaborate on how he came up with his prices. He also had an ordinary buffalo nickel selling for $100 and a number of other coins in the thousands price range. Of course I'm not going to buy from him but I'm really scratching my head wondering if there is something I just am not seeing.
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Also I apologize if anything in this post is against the rules. This is my first.
Super normal for eBay.
When on eBay, pretend that you are metal detecting for gold.
You find 99 pieces of trash for every nugget you find.
What you put into it is what you get out of it.
Normal for ebay, there are good sellers on that site, but there are completely clueless unknowledgeable sellers and lots of ripoff artists looking for a big sucker.
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
ah, im usually careful when I buy on ebay, checking reviews and rep and all, but I have never seen such a blatant scam, guess I’m just new to buying online.
Look on ebay, buy elsewhere, too many scammers. Just buy from dealers that post there and have a website. Plus the tax thingy.........
Mike
My Indians
Danco Set
On Ebay or OfferUp, or any free sites some list for whatever they want and they're listing price is just insanely ridiculous. Some have no clue what they are really selling and think they have something rare. Others are just deceptive.
As pointed out in one of the above posts there are good sellers too. I have dealt with some on a repeat basis due to being extremely fair and honest.
Pocket Change Inspector
Ebay, another place that makes one wonder at times just saying
Stupidly high "buy-it-now" prices are common. Just ignore them and move on. Don't waste your time with such sellers.
This is why eBay should have a listing fee which is waved once a coin sells to discourage this nonsense.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
It just keeps getting worst. And eBay will wonder why someday they lost market...
WS
Or you could just ignore the listings you're not interested in.
Different seller, but theres also someone trying to get $50k for a common date Lincoln Cent... he's got about 30 such listings on ebay.
...and welcome to the Forum!
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Been going on for over 20 years. Welcome to the forum!! 🤑
just either getting his stuff noticed or fishing for suckers one of the two
COINS FOR SALE, IN LINK BELOW
https://photos.app.goo.gl/KCJYQg9x5sPJiCBc9
Easier said than done. You have to first look at these nonsense overpriced coins just to determine that they should be ignored.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
OK- so you want eBay to discourage people from listing things you don't want to look at? You can eliminate overpriced stuff by searching by price, you know.
If you communicate with them you will find your answer. Yesterday I inquired as to how a 2000D Sac dollar was worth $1,000. The seller said he's 19 and just started selling coins and he's never, ever seen one before. So, obviously they are rare. I told him to buy the Redbook and then go to the bank and ask for Sac dollars.....they will gladly give them to him for a buck each.
bob
I don't know about everybody else, but my ebay sales have been the strongest they have been in years!
edit to add: And this is because I refuse to pay extra listing fees and am able to keep way more listed due to that. No, I'm not one to feed the bottom feeders so sometimes it takes a while for things to sell!
I don't think there is anything wrong with your title post, you do have to be careful about calling out reputable coin dealer with an issue, its best to just work it out with them personally.
What your see is all over ebay, you will find a lot of those listings when you look around for error coins. Of the sellers I've encountered that does this they're NEVER a coin dealer, every nick, bb gun dent, beat with a hammer, clamped in a vise coin is something highly valuable to this people, even if they did the damage themselves
Here is that I most run across, RARE ERROR No Mint Mark Lincoln cent what I joke!
https://www.ebay.com/itm/384880645644?hash=item599cac960c:g:zVgAAOSw8PtiebhG
RARE Sticks to magnet 1943 No Mint Mark Lincoln Cent!
Again, these are NEVER a coin dealer!
https://www.ebay.com/itm/353191161721?hash=item523bd56f79:g:3D0AAOSw0aNfUFIT
I've seen a rusty 43 Lincoln priced @ $10,000
And then you have these,
And they have 3 available of these rare finds!
https://www.ebay.com/itm/224936525460?
The Philly Mint was the only mint that produced the business strike quarter! I've tried to deal with dozens of these sellers, some didn't care, some didn't know they were just doing what they saw another seller do.
"I Prefer Dangerous Freedom Over Peaceful Slavery"
Thomas Jefferson!
Thanks everyone for all the comments, I’m glad to be here 😎
All else aside….
I love ebay.
OP, I get a lot of good coins on eBay but I had the same question you did. Coins with a book value of $20 selling for $2k. I was wondering if they forgot the decimal point or something.
Who knows? Life's too short to worry about it.
I've communicated with several of them, most everyone of them saw the same coin on itsy for thousands of dollars, they go and find grandma's old jelly jar of Wheat Cents look through them find 10 or 12 of the exact same coin and figured that just fail into a JACKPOT of loot!
With some of them I've spent half the night communicating back & forth with messages, pictures, links, and even offering to send them a half of a roll (25) of the exact same coin for FREE!, up to that point they was sure I was running a scam trying to get their ultra RARE 1946 No Mink Lincoln Penny, his Hindenburg went down in flames when I sent him a link on ebay where seller's were selling entire rolls of the coin for $8.00 SHIPPED! We parted somewhat friends. I had one guy that told me to mind my own business, that he didn't care!
Some contacts went on for several days wanting more information about grandma's jelly jar full of coins.
I went as far as to create listings on ebay for these same coins, but I titled them this way 1946 No Mint Mark, NOT RARE, Lincoln Cent PLEASE READ DESCRIPTION.
In there I included information about what made these coins Not Rare, information about the Philly mint omitting their mint mark, bla.. bla...
I did a couple of listing the same way for the 1943 RARE No Mint Mark Sticks To A Magnet Lincoln Cent.
But, the cons on itsy have created what I call a parallel universe of coin collecting, they list them Extremely Rare No Mint Mark whatever for $10,000 on itsy and then they run over to their ebay account and list one with the same title (same search) for $3,000 and people fall for it thinking they can get rich. You can check the sold listings and YEP! some has actually sold for their crazy price, which adds fuel to the fire. So, yes there is a con going on, but what we're seeing mostly is the fallout from it.
"I Prefer Dangerous Freedom Over Peaceful Slavery"
Thomas Jefferson!
Caveat emptor, as my father used to say. The hype used to be a lot worse, one reason I avoided it until about 10 years ago.
Listing coins at absurd prices isn’t the same thing as “selling” them.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
@lard_lord.... Welcome aboard. Yes, there are a lot of whacko listings on ebay... Also many good ones. I stopped shopping ebay like I did in the old days (late nineties, early 2K's). Now, I do buy occasionally, usually when someone here flags an opportunity, or something entirely unrelated to coins. Cheers, RickO
"I Prefer Dangerous Freedom Over Peaceful Slavery"
Thomas Jefferson!
Have to agree it is sometimes tiring and frustrating to run across these outrageous listings.
I don't worry about it. I follow the advice one of my best friends told me years ago.... " why get upset? If you don't like or are upset with what's playing on the tv channel.... just change the channel!" Problem solved.
Just takes a 'click' or a little mouse motion to pass by the irritating listing. And lots of other good listings to be found. No need to start charging for listings.
It's more like 999 pieces of trash before finding a nugget. The raw coin selection has become even leaner than it was 18 years ago when I purchased my first coin off of eBay and so much stuff now is BIN for an outrageous asking price.
I do agree that it is closer to one in one thousand and I almost wrote that in my response to the OP.
Looking for Gold nuggets in a gold rich area, you odds are much better than one in one hundred, probable one in ten.
I guess I wrote one in one hundred to give the OP some (false sense of) hope
Those coins “without mint marks” are my favorite!
Rare coin - no mint mark - worth millions!!
You'll love this one,
No Mint Mark, AU condition
https://www.ebay.com/itm/334440530053?
"I Prefer Dangerous Freedom Over Peaceful Slavery"
Thomas Jefferson!
And what a Shock
Seller does not accept returns !!!
Mike
My Indians
Danco Set