Another certain Ebay scam and a possible one, too

coinguy1 · February 12, 2003 8:02PM

I'll be out of town today and part of tomorrow, so please keep an eye on these for me while I'm gone.

eagle7 · February 12, 2003 8:12PM

Yes it appears something is fishey in Denmark. Both listings have the same high bidder also. Shill ID maybe? Or maybe a friend.

coinguy1 · February 12, 2003 8:19PM

eagle7,

I assure you, that bidder is a friend - in fact, I know exactly what he bid on each item.

pontiacinf · February 12, 2003 9:52PM

why sham...fake coins?....the seller has no history, and those coins are not my cup of tea, but they do appear to be high grade raritys?...who knows, but i steer from (0) or (1) sellers

UncleJoe · February 12, 2003 10:00PM

Mark, I agree that I don't like the way the auction is presented (especially by a (0) seller) and I would never bid on such items.

However, what is it that you know that leads you to believe these are scams?

Joe.

Stigmata · February 12, 2003 10:11PM

I'd have to say you'd have a good eye if you can tell a slabbed walker is fake from a small, un-detailed photo.

AbesNeighbor · February 12, 2003 10:12PM

That auction scares the hell out of me and I'm fearless...... I'm also very concerned about the honest bidder who thinks he's buying a nice coin and sees his money order evaporate into thin air.

Dan

AbesNeighbor · February 12, 2003 10:14PM

I don't know wether the coin pictured is a fake or not, but without an escrow set up for the purchase with those sunglasses, I'd run as fast as I can from this one!

(I type too fast)

airplanenut · February 12, 2003 10:18PM

The gold one has pictures linked from Collectors Universe's Auction history...

ScarsdaleCoin · February 12, 2003 11:25PM

Do people really send thousands of dollars to a seller with a (0) rating? Shame on the scam artist but hey the buyer has got to be dumb with a capitol D

JLW · February 12, 2003 11:33PM

Guys,
The high bidder on these auctions is coinguy1, (Mark Feld), placing high proxy bids to protect the innocent.
Joe

nwcs · February 13, 2003 12:00AM

The first one is clearly a scam. I'm trying to find the page that had the pic they pulled from.

nwcs · February 13, 2003 12:08AM

FOUND IT! Here is the page where the image originated from:

B and M auction results

Notice a similarity in description:
"A choice, choice, CHOICE AU, with semi-prooflike fields, a wonderful strike, and over 99% of the detail intact. This is the first year of issue not only for the $5 gold pieces but also for ANY gold coins struck at the United States Mint. The mintage was reported as 8,707 pieces, and it is estimated that about 600 examples survive today in all grades combined. Of the specimens seen by PCGS this coin ranks high, with 27 others graded AU58 and 44 pieces graded higher. "

This page was found after finding this page.

Morganluver · February 13, 2003 1:00AM

Did you notice the guy selling the Gold piece signed up from Austria?

CThomas · February 13, 2003 1:19AM

I email the guy with the $5 Draped Bust and responded and said that he was selling it for a friend! Yea right a $20,000 coin and letting your Dumb A$$ friend sell it on eBay! Whatever!!!!!!

I'm Out

Chris

nwcs · February 13, 2003 1:20AM

Email him back and ask if his friend purchased it at the B and M auction I listed above.

Rampage · February 13, 2003 5:46AM

I just sent the seller an email.........pretty much went like this.............

Why are you selling a coin where you linked an image from Collector's Universe's old B and M auctions? Do you really have that coin or are you yanking my chain??

Why does your ID say you are from Austria but your auction says you are from the USA??????

Coppernicus · February 13, 2003 5:56AM

I emailed him my standard question that I send to all the frauds: "Why are you auctioning a coin that you don't own?"

No reply since this morning!!

dlshaw · February 13, 2003 9:09AM

He ended the item early and pop1eye is the high bidder, I wonder how much in commission he has to pay?

Edited:

I was checking to see if he was bidding on any items and it said he was from Germany and they don't give out that information.

jdimmick · February 13, 2003 9:19AM

Mark,
Excellent work in protecting these people who have to much faith in others like this?

My question is ? How do you keep from recieving the negitive feedback from these ripoffs by high bidding the items?

Just curious?

Do you have somehting worked out with e-bay to help protect consumers?
jim dimmick

ms71 · February 13, 2003 9:23AM

You just have to wonder how many of these slip through & burn somebody. When the dollar amount is relatively modest, there is a lot less chance of somebody noticing. Just another argument in favor of bidding only with sellers with a long and overwhelmingly positive ebay history.

northcoin · February 13, 2003 9:46AM

I'm afraid scams like this are all too common on EBay and the worst part is that EBay does hardly anything to provide relief to those who get scammed. I bid on an item that proved to be vaporware. Because I contacted Ebay a day after their "60 day" reporting period they wouldn't even honor their minimal guarantee insurance despite the fact that a dozen other bidders had been scammed in purchasing the same item from the same seller and EBay had already known of the scam before I reported my loss. What burned me was the fact that EBay took no effort to warn the other bidders (such as myself) before their "sixty day" reporting period lapsed. To top it all off I wrote a letter to the Ebay of complaint about the way they handled the matter and they did not even offer me the courtesy of a reply.

MadMarty · February 13, 2003 10:28AM

As for the 2nd auction, the sell says he is from the Chicago area. I E-Mailed him and asked where I can see the coin in person. Let's see if I get a response...

MadMarty · February 13, 2003 10:04PM

Got a response, gave him my phone to arrange for a viewing of the coin...

ScarsdaleCoin · February 13, 2003 10:15PM

I think Marc avoids the negatives because these people dont want to call more attention to themselves....so they just fade away after they get busted by the SCAM POLICE! Score one for the good guys!

sinin1 · February 14, 2003 12:53AM

MadMarty, the second guy might be legit - the pictures are just too bad to be a well planned conned. Also the seller has reserves on the auctions.

coinguy1 · February 14, 2003 8:15AM

Gentlemen, I haven't received negative Ebay feedback (at least, so far) because I haven't done anything wrong or against Ebay policy.

If a bogus sale isn't ended early by Ebay, I merely contact the seller at the close of the sale, offering to pay for the item if the seller can offer proof of ownership, etc. So far, no takers.

Regarding the PF 1937 Walking Liberty half dollar that I am suspicious of - aside from the fact that the seller has 0 feedback, the image appears to be of a toned coin but the description says "Beautiful, blast white". Maybe the seller is using someone's description and doesn't even know what "blast white" means and that it contradicts the images? Just a guess on that particular sale.

I just got back in town, but see the seller of the 1795 $5 is no longer registered with Ebay - glad I didn't send him a check for $17K plus.

coinguy1 · February 15, 2003 9:00AM

Update on the seller of the 1937 PF Walker - in response to my email asking why the coin image did not match the coin, he replied that the image was not accurate. I have also been told that a fellow board member has spoken to the seller and that the board member thinks the seller is legit. Sounds like my suspicion was unfounded in this case.

maddox · February 15, 2003 9:10AM

<< <i>My question is ? How do you keep from recieving the negitive feedback from these ripoffs by high bidding the items?

Just curious?

Do you have somehting worked out with e-bay to help protect consumers?
jim dimmick >>

I was wondering the same thing.

Remind me to NEVER, EVER try and pull a scam with your guys watchdogging....Great Job

RKKay · February 15, 2003 9:29AM

How stupid am I? Never mind.

copperhead · February 15, 2003 9:36AM

Another great job by the C.U. Coin police. Just one more reason this is the best coin board out there. GREAT JOB GUYS!!!!!!!!!!!!!!!!!!!!!!!!!!!

Another certain Ebay scam and a possible one, too

Comments

Leave a Comment