Would you buy an EBay coin with a no return policy?
Walkerlover
Posts: 952 ✭✭✭✭
I see a Lincoln penny I like with a no return policy from the seller. Coin looks nice in the photos and it is in a PCGS holder and is under a $100. I figure if I don’t like it I will add it to a few coins I might sell in an upcoming GC auction. Seller answered my questions about the coin and added additional photos.
How do you feel about buying coins with no return policy, does it depend upon the price of the coin, the seller or some other factors.
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I feel better when a seller has a return policy but typically won't let a seller not accepting returns dissuade my bid if I like the coin. Especially when it comes to eBay as they most always will step in and allow a return even if the seller says no returns.
There is no such thing as a no return policy on eBay.
The seller has to refund you your money if you wish to return it.
If the seller refuses, eBay will step in and help with your return.
The return shipping charges would depend on the reason for returning it.
This is what I look for:
Seller does not accept returns
**This item is covered by eBay Money Back Guarantee. **
Wayne
Kennedys are my quest...
eBay agent told me you can only return the coin if it’s not the coin advertised or if there is something very wrong, not because you simply don’t like it. Was I misinformed See below.
They say that, but they let people do it all the time. I've had 3 returns of pcgs coins where their reason was they just didn't like it.
Paper money eventually returns to its intrinsic value. Zero. Voltaire. Ebay coinbowlllc
Pretty much anything can be returned regardless.
I put no returns on my store for one very good reason. I had a competing seller, with no ethics, buy my listings to get them off of eBay (to not compete with their same ones) and then return them, sticking me with postage and having mine out of salability for weeks. Most sellers on eBay are reasonable people. You never know though.
Be careful how you list if you are a seller. In my case, I had five coins available at a price each. I imaged all of them so buyers could possibly choose which ones they wanted if still remaining available. The argument was that they assumed they got them all for the price of one. And the same account looked for other ambiguities to exploit on the listings. It was quite costly. (Also always upload tracking right away and have signature or at least delivery confirmation. There are a-holes who will burn you at any opportunity, both on the buy and sell sides.)
never
if you knew it was your competition why would you sell to him?
I rarely look for a return policy and have bought plenty with no returns allowed. One can often make an informed decision based on the photos (or videos) plus the seller's feedback. And if the seller misrepresents the item (photo was enhanced or some problem was not shown/was carefully concealed), eBay will let you return it under the item not as described reason (even when the seller does not allow returns). Also, many sellers are reasonable if you are. They might not take returns as a general policy but if you make it simple (like offering to pay for return shipping or agreeing to a small restocking fee), quite a few will still take the return.
If the coin is slabbed by a major grading company and the listing has decent pics, I wouldn't worry about buying such a coin with a no return policy.
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
i returned once because i purchased 1915 recieved 1934 and one refund for no coin recieved thats it for hundreds of transactions
Not often, but occasionally.
I didn't. It was simply listed. I figured it out after a couple returns with frivolous reasons.
Yes I would. I don’t even look to see what a seller says about returns, because if I have to return something I already know eBay is going to let me.
One normally does not know something will go wrong until after it happens. There are plenty of good people on eBay that are selling similar items and will buy your item without returning it. Others will play games and stick you with the return. As an eBay seller you have no way of knowing which type of person you are dealing with ahead of time (especially if their feedback as a buyer, which can't be negative on eBay, does not offer any clues).
Can you PM the identity of this individual ?
there is always a return policy on ebay
Repetition of ignorance is ignorance raised to the power two.
File a charge back. Credit card company doesn't care the reason.
As already stated, there is no such thing as a no return policy.
To wit: I had a customer return a kilo of silver after 5 months. Ebay wouldn't allow it. He filed a charge back. The credit card company approved it.
Or anywhere else that takes credit cards...
And sometimes they just buy and don't pay to get it out of their way.
That’s why I have immediate payment required on my listings. However I know it’s not possible with auctions or if you want to allow people to add several items at once to combine shipping (mine are all “free shipping” so that part isn’t an issue).
Never
For me it depends on a bunch of factors... price, certified or not, decent images, responsive seller, just to mention a few. I've bought from sellers with no returns policy before... but its usually for coins that hammer for less than $150, there's good images, and the coin is certified. If the coin isn't certified I'd ask for additional pics... if the seller is responsive and comes back with decent enough images, then I'll bid.
Successful BST transactions with: SilverEagles92; Ahrensdad; Smitty; GregHansen; Lablade; Mercury10c; copperflopper; whatsup; KISHU1; scrapman1077, crispy, canadanz, smallchange, robkool, Mission16, ranshdow, ibzman350, Fallguy, Collectorcoins, SurfinxHI, jwitten, Walkerguy21D, dsessom.
You should have blocked him after the first "return for a frivolous reason." The blocking feature on eBay is definitely a great tool for sellers who don't like dealing with problem buyers.
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
Sure, but if I were to buy, say, one coin a week from you and then a month later initiated the return process, how many coins would you sell me?
Buy the penny, if you don't like it return it and say it was not as advertised, that you actually received a Lincoln cent
My US Mint Commemorative Medal Set
I’m on eBay probably way too much but I never check if the seller labors under the illusion that they can refuse returns. As mentioned eBay has a return policy and the CC companies have rather liberal return policies. “ Not as described “ is their language for “ didn’t like it”
Slabbed as said adds another layer of protection. Thanks 🙏
🎶 shout shout, let it all out 🎶
No (I wonder why ebay would let seller say no returns allowed) I never really understood that
I bought a Large Cent last night. Great price , slabbed by our host with a TruView. Seller had plenty of pictures. Seller has 100% feedback....as long as I get the coin pictured I could care less about the no return policy the seller has.
I once bought a raw Lexington Commemorative half that arrived coated in PVC..looked nothing like the pictures. I contacted the seller and told them I needed to return the coin...I didn't want to leave any harsh feedback. Needless to say the seller refunded me the $$.
I don't buy a coin from eBay if I think I'll have a reason to return it and the seller said no returns. I have bought coins with this policy and always kept it. The coins I buy though aren't available practically all of the time like most others being bought. Either seldom or virtually never.
As a seller, did state "no returns: but never had anyone ask to return it. However, I've only sold a few hundred (all coins) and don't think any were for over $1000. These were all non-US coins (mostly South Africa) where I often had repeat buyers.
I never check, I just hit the buy button.
I rarely buy coins on eBay but probably wouldn’t buy anything without a return policy. I know just about anything can be returned but it’s not worth the time or hassle for me.
I have had no issues purchasing coins on eBay, and will continue to do so whether or not a return is allowed. eBay allows returns so in the end that is what counts. I have ordered hundreds of times and returned less than a half dozen of items over the last four years or so.
Dependant on the reason for return and if you reached out first. If you had bought several coins and returned one, I wouldn't think anything of it. Sellers here generally understand that not every coin is the right coin for every buyer... But if you started returning every coin or a good percentage of them, then I'd start having to look at if your purchases and profit are outweighing the cost of returns. If you are still a profitable customer I'd let you continue. If you return too many I might reach out to you to find out what's going on... See how we can reduce the number of returns.
If you are simply using ebay as a free review service... I'd seriously consider blocking you.
To whit, I've accidentally purchased coins without realizing no returns and just lived with it (good or bad, unless snad), but if the images are good and it's slabbed, I would consider it if it were a coin I wanted.
https://www.the4thcoin.com
https://www.ebay.com/str/thefourthcoin
I have in the past. I prefer to purchase my coins with a return policy due to some people’s photography skills suck. That’s why I like coin shows over buying coins on line.
I try to only buy what I understand or can clearly see in the photos. I don't use ebay as an approval service. I buy when I am satisfied that it is something I want/need.
I never really have buyer's remorse that way. If an item is not as described/pictured then that's something else, and a "no returns" policy won't prevent a return.
I am cautious when buying on ebay. Have never had an occasion to return a coin or anything else I have purchased. I am not a volume buyer though, such as many of our members here.
Cheers, RickO