<< <i>I'm not sure it is possible to rip a coin on ebay. >>
Sure it is, and here's why: Too many bidders are looking at labels and ignoring the coin. I could fill this thread with rips that I got because the grade on the label was low, (and the cause of the low grade was correctable), or because the submitter got hosed with a cameo designation when the coin deserved DCAM, or because the label was from the wrong grading company.
No. IMHO auctions are FAIR GAME. If i win one i am paying more then anyone else wanted to at the time. If the seller does not do his homework and wants to sell a $200 coin for $35, that is up to him. Knowlege is king in coins. If a person does not show both sides of a coin and i take a gamble on it why should i feel bad if it is a rip? If they have bad pix and the coin turns out to be 20 pts higher when you get it , why feel bad if you got a rip? It is me that is taking the gamble. Usually i wind up overpaying for what i want, but occasionally a rip (or a slightly underpriced coin comes along.) How big of a bargain must a coin be befoe it is considered a rip?
<< <i>I'm not sure it is possible to rip a coin on ebay. >>
Sure it is, and here's why: Too many bidders are looking at labels and ignoring the coin. I could fill this thread with rips that I got because the grade on the label was low, (and the cause of the low grade was correctable), or because the submitter got hosed with a cameo designation when the coin deserved DCAM, or because the label was from the wrong grading company.
Russ, NCNE >>
First, I guess it depends on how one defines rip. And second, that line without the rest of my post is easily contradicted.
This might surprise folks who have seen some of my other posts, but yes, I have felt bad about rips from time to time, and let the seller off the hook. I remember two in particular:
One was for a 190x Indian in some flavor of red unc. I happened to notice the listing with about 10 minutes to go, and it had a high bid of less than $1. I put in a bid of $6 or so just to give the seller a bump, and I ended up winning it at something like $3. I don't know what the value was, but probably somewhere in the $10-$20 range. I told the seller that I'd be happy to take the coin for the winning bid, but if he preferred I could also 'return' it immediately instead. He opted for the return.
The second was for a much higher price, but similar situation. I noticed one of the early $1 gold commems that sure looked to be unc, and I ended up winning at low AU money. I gave the seller the same choice, that I would be happy to honor the winning bid, or I'd let him keep it if he wanted. He also kept it.
In both cases the coin was something outside of my main collecting area that I wasn't really attached to, and I'd placed the original bid 'on a lark' anyway.
Comments
<< <i>I'm not sure it is possible to rip a coin on ebay. >>
Sure it is, and here's why: Too many bidders are looking at labels and ignoring the coin. I could fill this thread with rips that I got because the grade on the label was low, (and the cause of the low grade was correctable), or because the submitter got hosed with a cameo designation when the coin deserved DCAM, or because the label was from the wrong grading company.
Russ, NCNE
If the seller does not do his homework and wants to sell a $200 coin for $35, that is up to him. Knowlege is king in coins. If a person does not show both sides of a coin and i take a gamble on it why should i feel bad if it is a rip? If they have bad pix and the coin turns out to be 20 pts higher when you get it , why feel bad if you got a rip? It is me that is taking the gamble. Usually i wind up overpaying for what i want, but occasionally a rip (or a slightly underpriced coin comes along.) How big of a bargain must a coin be befoe it is considered a rip?
<< <i>
<< <i>I'm not sure it is possible to rip a coin on ebay. >>
Sure it is, and here's why: Too many bidders are looking at labels and ignoring the coin. I could fill this thread with rips that I got because the grade on the label was low, (and the cause of the low grade was correctable), or because the submitter got hosed with a cameo designation when the coin deserved DCAM, or because the label was from the wrong grading company.
Russ, NCNE >>
First, I guess it depends on how one defines rip. And second, that line without the rest of my post is easily contradicted.
One was for a 190x Indian in some flavor of red unc. I happened to notice the listing with about 10 minutes to go, and it had a high bid of less than $1. I put in a bid of $6 or so just to give the seller a bump, and I ended up winning it at something like $3. I don't know what the value was, but probably somewhere in the $10-$20 range. I told the seller that I'd be happy to take the coin for the winning bid, but if he preferred I could also 'return' it immediately instead. He opted for the return.
The second was for a much higher price, but similar situation. I noticed one of the early $1 gold commems that sure looked to be unc, and I ended up winning at low AU money. I gave the seller the same choice, that I would be happy to honor the winning bid, or I'd let him keep it if he wanted. He also kept it.
In both cases the coin was something outside of my main collecting area that I wasn't really attached to, and I'd placed the original bid 'on a lark' anyway.
No harm being nice from time to time.
jonathan