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One 1893S $1, Two Sellers....?

CladiatorCladiator Posts: 18,252 ✭✭✭✭✭
in U.S. Coin Forum

Same coin, same PCGS cert number. Two listings, two sellers. Sellers don't seem to be affiliated. From two different states and names in no way similar. Which one do you think actually has the coin? Neither?

Seller #1
https://ebay.com/itm/385155338565?hash=item59ad0c1145:g:ussAAOSwuu5jPyrA

Seller #2
https://ebay.com/itm/115534540714?hash=item1ae6652faa:g:B~IAAOSweO9jKqYp

Comments

  • LazybonesLazybones Posts: 1,536 ✭✭✭✭✭

    Neither.

    USAF (Ret) 1974 - 1994 - The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries. Remembering RickO, a brother in arms.

  • WilliamFWilliamF Posts: 831 ✭✭✭✭✭

    The first one is likely the fake seller in my opinion, because those photos could have easily been pulled from some online source, the other seller seems to have in hand photos of it...

    ."It's a dangerous business... going out your door. You step onto the road, and if you don't keep your feet, there's no knowing where you might be swept off to" -JRR Tolkien_________________________________________________________________________________________________________________________________________Outstanding BST transactions as a seller, buyer and trader with: ----- mustanggt, Kliao, claudewill87, MWallace, paesan, mpbuck82, moursund, basetsb, lordmarcovan, JWP, Coin hunter 4, COINS MAKE CENTS, PerryHall, Aspie_Rocco, Braddick, DBSTrader2, SanctionII, Histman, The_Dinosaur_Man, jesbroken, CentSearcher ------ANA Member #3214817

  • winestevenwinesteven Posts: 4,942 ✭✭✭✭✭
    edited October 8, 2022 10:14PM

    @Cladiator , I can say with almost complete certainty that Ken of Coast Coin (your first listing) has that coin in hand. They are a VERY reputable firm, and I have bought about a dozen or more coins from them over the years, with never a problem. I have also returned a coin once, also with no problem.

    1. If you go directly to his website (CoastCoin.com) you’ll see it’s listed there, AND at a lower price ($5,500) since he saves the eBay fee.
    2. His prices tend to be high, and he really won’t negotiate, other than roughly a 2% discount for paying via check.
    3. I think their photography leaves a lot to be desired. All of their listings, whether on their own website, on eBay, or on collectorscorner.com, uses that same horizontal layout. It’s tough to expand and see good detail. The colors shown are also not that great - NOT “doctored”, but just not near the quality of other dealers of similar positive reputation.

    As noted, if the coin appears on his actual website, he has the coin. Once sold, it’s automatically removed from his website, and I believe it’s then removed from his eBay listing relatively quickly.

    Steve

    A day without fine wine and working on your coin collection is like a day without sunshine!!!

    My collecting “Pride & Joy” is my PCGS Registry Dansco 7070 Set:
    https://www.pcgs.com/setregistry/type-sets/design-type-sets/complete-dansco-7070-modified-type-set-1796-date/publishedset/213996
  • LogPotatoLogPotato Posts: 2,177 ✭✭✭✭

    If Coastcoin lists it, it's in their possession. I have bought a few coins from them (although not a lot because they are usually max retail) but every coin from $300 to $1500 that I bought has been delivered to me within 3 days. They might be expensive but they are NOT liars or cheaters.

  • CladiatorCladiator Posts: 18,252 ✭✭✭✭✭

    If that's the case they should contact eBay and get that second listing taken down.

  • winestevenwinesteven Posts: 4,942 ✭✭✭✭✭

    @Cladiator said:
    If that's the case they should contact eBay and get that second listing taken down.

    Yes, they should, BUT……

    1. They probably have several hundred, if not a thousand listings on eBay. It’s expensive to have a staff member monitor eBay on somewhat of a regular basis for each listing.
    2. I’ve read many posts where this problem of eBay listings without owning the coin is unfortunately common. Buyer Beware!
    A day without fine wine and working on your coin collection is like a day without sunshine!!!

    My collecting “Pride & Joy” is my PCGS Registry Dansco 7070 Set:
    https://www.pcgs.com/setregistry/type-sets/design-type-sets/complete-dansco-7070-modified-type-set-1796-date/publishedset/213996
  • CladiatorCladiator Posts: 18,252 ✭✭✭✭✭

    I sent them the link so hopefully they'll be aware of it.

  • winestevenwinesteven Posts: 4,942 ✭✭✭✭✭

    That’s good! Be aware they won’t be in until Monday (Columbus Day).

    Steve

    A day without fine wine and working on your coin collection is like a day without sunshine!!!

    My collecting “Pride & Joy” is my PCGS Registry Dansco 7070 Set:
    https://www.pcgs.com/setregistry/type-sets/design-type-sets/complete-dansco-7070-modified-type-set-1796-date/publishedset/213996
  • MFeldMFeld Posts: 14,878 ✭✭✭✭✭

    @Cladiator said:
    If that's the case they should contact eBay and get that second listing taken down.

    It’s possible that they have allowed the other seller to list their coins for sale. But even if that’s not the case in this instance, I know of other dealers who have had such arrangements with each other.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • Picker1954Picker1954 Posts: 183 ✭✭✭

    I guess it's coastcoin as the other was removed.

  • TxCollectorTxCollector Posts: 467 ✭✭✭✭

    So what happens to the other “seller” in cases like this? Does eBay put them in the box for a while?

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    I am curious about the removal of the possible fake listing. It is gone now, but why? It could have been listed with agreement from Coast Coin.... Probably never find out though. Cheers, RickO

  • TwoSides2aCoinTwoSides2aCoin Posts: 44,615 ✭✭✭✭✭

    Buy now !

    ``https://ebay.us/m/KxolR5

  • TwoSides2aCoinTwoSides2aCoin Posts: 44,615 ✭✭✭✭✭
    edited October 10, 2022 8:09AM

    @jeffas1974 said:
    So what happens to the other “seller” in cases like this? Does eBay put them in the box for a while?

    Nah.... they turn a blind eye.

    ``https://ebay.us/m/KxolR5

  • CladiatorCladiator Posts: 18,252 ✭✭✭✭✭

    Coast Coin emailed me back and they said not to buy it if it's a scam and there's nothing they can do about it.

  • BryceMBryceM Posts: 11,857 ✭✭✭✭✭

    It wouldn't be the first time a person advertised a coin they don't own, hoping that if they "sell" it, they can quickly acquire the item from the true owner in time to satisfy "their" customer.

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