This might be an intresting scam on Ebay "Wells Fargo Sealed Bags"Update! Feedback Now Pri

Trooper

Well here's a seller that was selling "Wells Fargo Sealed bags Unsearched""Sellers completed auctions". It originaly peaked my intrest and I was watching what the bags were being bidded up to. He was selling cents, dimes, quarters and halfs in "original" sealed bags and also provided a pic of a letter from the Wells Fargo historian saying that they(bags) looked original.
The bids on these items went through the roof so I didn't bid but kept one auction in the snipe program to see what kind of feedbacks the winners left after they recieved thier items. Well he sold about $24,000 dollars worth of these bags in one selling spree on Ebay. Before this big selling spree on Ebay by this seller he did sell a couple of the cent bags, which is why I kept him in mind to keep watching his future auctions. So in reality he did more than that. Also this auction$800 bucks doesn't appears on his sellers search page.
Most of the auction ended on 1/31 and there hasn't been to many feedbacks coming back yet. But there is a recent one(negative) that pointed to 2 of the sellers most recent wins. They are US Lead Seal Press andBank Silver Bags.
Looks a little fishy to me. I know in previous threads members have pointed out past auction wins from the seller that makes thier current auctions questionalble.
Well I believe here's one for the books, But that's just my opinion.

Tom

rottnrog

This seller has been talked about on another forum I post on. 1 has bid and won and received low grade junk coins(the last neg for the seller) and the other received nothing!!

wayneherndon

A couple of the recent positives he's received don't exactly inspire confidence either:


i got my money back ASAP



I SMELL SOMETHING FISHING PLEASE SEND MY MONEY BACK, BEWARE,, FRAUD<<<<<<<

Bikingnut

I don't see that he's making a claim as to what's in the bags, with the exception of the BU Wasingtons from the bag he opened. The description of how they came to be leads me to believe that most of the coins in there would be circulated, with the exception of those that were from the same year they were sealed. Is it misleading? I don't think so. I've seen a lot of ebay auctions that are filled with blatant misleading statements. As for me, I probably wouldn't bid just based on the description. It might be fun to open one though. Just my opinion.

Trooper

Biking
I think the problem with his auction will be attested to from the purchasers. He states that (for example)<<The item that you are bidding on is 100% AUTHENTIC and ORIGINAL. These are Well Fargo bank sealed bags.The ones listed are $100.00 face .25 cent bags sealed in Jan of 1959. The history of these bags is that from about the 1930's to the mid 1960's these bags were normally used for local merchants. When a merchant either had to drop of coins or pick them up for his business the smaller bags were easier to handle. They were sealed by the teller and then either put in the vault until a request from a merchant was made or a teller needed more change. The tags on these are in good condition with some wear. The seals have not been broken and are all in good condition.>>

But yet in previous auctions he purchased a "US Lead Seal Press" and 100 "Bank Silver Bags". Now if he was selling circulated coins in bank bags that would be different but if he used these two previous auction wins to use(or construct) for his big buck auctions there's going to be a lot of unhappy campers.
Only feedbacks from the buyers will attest and so far he's not doing so good.

Tom

joeyuk

I would say it's suspicius. He says the bags are bank sealed in 1959. This may be true but you have to question the crimping tool and bags. I would expect the coins inside to be no better or worse then what you see in change today. I looked at these auctions also and felt they were very desireable items but overpriced imho. Joe

GTOster

Look he has also bought a sonic cleaner!!!!
just a little fishy to say the least
Paul

Bikingnut

Okay, I didn't realize the bags and the cripers were bought by the seller. That is interesting.

Dog97

HAHA BUSTED!!
Wouldn't a Wells Fargo seal say WF instead uf US?
Wouldn't a US lead seal be cast from a mold and not just a flattened chunk of lead that had been rough cut to roundness by a pair if dykes?
Wouldn't ave cir pocket change from the 1950's just make you spend lots of your hard earned $$? (yawn, zzzzzzz....)

ElectricEye

fitting justice would be to have the sellers left pinky put in the crimper

ms71

Looks like shades of our old pal "aswimmer", whose ebay history showed the purchase of all sorts of chemicals and a hotplate, and his sales had a lot of weirdly toned coins. I guess my question would be: how could anybody be foolish enough to buy the "tools" on ebay, then use them to build bogus stuff? Guess I'll never understand some people's apparent need to find a dishonest way to make a buck.

Edited for spelling.

Gemini

Give him some credit...at least he didn't buy the black spray paint and stencil kit on ebay...

Trooper

It looks like the seller decided to make his feedback private. I'd guess from the Neg he recieved from the buyer who pointed out the lead seal and bag purchases.
I'm surprised Ebay will let you do this. I can understand future feedbacks being private but past ones that might show a bad reflection on the seller shouldn't be allowed.

Tom

IrishMike

I work for a subsidary of Wells. A couple of things, I have never seen stationary that looks like that and one thing I can tell you is that Wells is fanatical about branding and will not let you change the stationary, its a fireable offense. The email address in the letter is phony too, it says @wellfargo.com and it should read @wellsfargo.com. I worked for another bank where we hand a crimping tool and it had our name or logo on the tool.

coinguy1

What about a number of us (politely but firmly) contacting the seller and asking that he address our questions and concerns or be reported to Ebay?

baccaruda

A future Power-Seller in the making.

Russ

<< <i>His name was Winston Hallidie. For you history buffs he is the great grandson of the inventor of the cable car Andrew Smith Hallidie. >>



Cousin of Mrs. Watta Crock and her sister Mrs. Thisisa Crock.

Russ, NCNE

windwhispersintrees

1. Why would the widow have bags of silver around for decades? What'd she do, stow perfectly good cash away in a safety deposit box, rather than deposit it in her savings or checking accounts where it'd be useful? Why would bags of silver be around from the business anyway, rather than disposed of with the business's assets?

2. The $800 Jan 1959 sealed bag auction looked ok until I saw the handwritten tag. Something doesn't look quite right there....like the poorly printed bright blue ballpoint pen writing. Wouldn't that've been more likely written in a fountain pen, or at least in a more graceful & feminine script?

baccaruda

I already considered that, whisper - the ball-point pen was invented in the late 40's and was in common use by the mid 50's. You're right though, the print is WAY too bright, clean, and unfaded to be 45 years old. Not to mention the print looks like "modern day" script. Find writing that's 50 years old and the style is very different than what you'd see today.

Russ

It's really not this seller's fault that he turned bad and became a thief. It's the fault of eBay for allowing the sale of crimpers and bags. They helped a good boy go bad.

Russ, NCNE

eisq222

Another thief !!!!!

joeyuk

He currently has no auctions on e-bay and I sent him a e-mail asking if he had a explanation for these things. Joe

jbsteven

I bet that poor idiot will never buy things off of Ebay to use in ripping people off again.


Here is a clue for him:

If you are going to rip people off please use a different ebay name to buy your tools with. I am sure Aswimmer will back me up on this one.

abuell

Notice how the same suckers kept bidding on multiple bags! Need to up the clorine level in the gene pool!

Sphinx357

I watched all these bags right down the the last second to see what they went for. I also went back into his purchases and saw the crimper, that was an obvious mistake on his part. Sadly a bunch of people fell for it and paid big bucks for junk.

geb209

The seller is a criminal and should be put under the jail.

As for the buyers, I agree that they are slightly to blame. All one has to do is ask yourself, "What would I do?" "I purchased/found/stole this envelope/bag/box/chest of coins but I don't know what's inside. Hmm, I could sell it for a discounted price on ebay or I could open it and see what riches I've got. Hmm... Or I could open it, get all of the goodies out, replace them with culls, reseal, and sell it on ebay? Ya, that's the ticket."

I suspect that some of the buyers are shell bidders too. Maybe the seller thought that s/he could get more the second time around? Dunno.

Neptune

he needs to be turned in to ALL the powers that be. This person, for having such a bright idea, wasn't smart enough to purchase their 'tools of the trade' under a different eBay name.