Think coinmovers might have a problem with eBay's new policy?

K6AZ

As you all know, coinmovers hypes their coins with an "auction value". Apparently, under the new guidlines, they aren't supposed to do this:

Sellers agree not to knowingly participate in any way in the advertisement, sale or trade of any numismatic material using any deceptive practices including, but not limited to, false or misleading claims of sales scarcity, value, condition or investment potential.


Code of Conduct for Sellers

Report violations of this policy at the bottom of this page

Russ

<< <i>As you all know, coinmovers hypes their coins with an "auction value". >>



An example of a "$200,000" coin that's really worth $30 and sold for $810.

If that crap doesn't violate the policy, I don't know what does.

Russ, NCNE

K6AZ

I'll take a look at some of their current auctions and see if they're still using that jargon. If they are, I'll report it under the new policy and see what happens.

mrearlygold

The guy should be in jail not just booted from ebay.

Tom

100proof1957

Please do !

Myqqy

He's still doing it.....

High value franklin!

100proof1957

Typical brilliant proof POS

DennisH

I just filed a complaint with eBay about the $11,000 Franklin.

ss350camaro

I'm definately with you on this one Eric. This bozo is hyping this garbage and taking advantage of the people who don't have a clue.

He links to the PCGS pricing guide and doesn't even have enough sense to quote the actual number ? He inflates the PCGS price for the grade to astronomical proportions.

I would suggest a few complaints to eBay from members might get someones attention. ? Hopefully ?

BAJJERFAN

Say goodbye to No. 36?

ElectricEye

he just got two complaints from one of my EBay id's

UncleWiggly

<< <i>The guy should be in jail not just booted from ebay.

Tom >>



Jail would be ok. But I'd rather see him put in a room full of people who have been ripped by them.
Does anyone know these people personally? I'm just curious if this sort of thing is just coin related or this is how they run the rest of their affairs. When do the sellers have to start following the new e-bay rules?

Jerry

nwcs

This would be a great acid test to see if ebay will do anything.

Russ

Let's see just how serious eBay is - particularly when it's one of their Power Screwers.

Russ, NCNE

dbldie55

Don't forget "Dale earnhart will be missed". He always quotes MS65 prices for circulated coins.

Compa

I reported on this one: 1957 JEFFERSON NICKEL~PR69 DEEP CAMEO~$25,000 Item number: 3920185493

As a seller he will have a bunch of complaints ... but do they need to be on the same item to get eBay's attention?

100proof1957

just looked at theyre feedback.
past 12 months:3713 positive
number that counted :1017 positive
they either have a lot of customers that like to overpay,or a ton of shill bidding !

Steve27

With this statement in their auctions:

" Suggested Price Guide/Potential Asset Value:

CoinMovers primarily relies on the Collectors Universe Price Guide (Price Guide) for pricing. We have chosen to use the services of this price guide because it is widely regarded as both a foremost authority and most easily accessible resources on coin prices. In the event that a coin in our auctions does not show a value in the price guide, CoinMovers does their best to assign a value that indicates the potential asset value of the coin measured within the proximal relationship of existing price guide dynamics. The price guide is only one of many indicators of the value of a coin."

I doubt eBay can act against them.

Wolf359

Just amazes me that people like that have a 99.8% feedback rating.

mrearlygold

Does anyone know "who" coinmovers is?

Tom

flyingcougar13

Tom, a google search comes up with Bill Forliano at Buyers Universe, but nothing juicy.

Android

<< <i>CoinMovers primarily relies on the Collectors Universe Price Guide (Price Guide) for pricing. >>



Another reason PCGS should eliminate that silly price guide.

mrearlygold

<< <i>Tom, a google search comes up with Bill Forliano at Buyers Universe, but nothing juicy. >>



Thanks Keith. I'm on a new mission apparently.

Rgrds
Tom