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Should I leave a neg for this guy? ** UPDATE in 1st POST **

I was able to win some PCGS MS69 gold bullion for less than $900/oz. Emailed the guy to get my combined shipping and pay with Paypal and he did just that. Paid w/Paypal...

Then I get this...
"
I apologize for any inconvenience this might cause, but PayPal has refused to allow me to withdraw the funds from my account for the sale of this coin due to the sum of the sales of all of the coins. Even after completing their requirements to withdraw the money, PayPal refused to relinquish the funds to me. As a result, I cannot get my money for the auction. PayPal has assured me they would refund your money, in full. My PayPal account is showing that this refund has already occured. If you would still like to purchase this coin, you will need to send a money order, cashier's check, or personal check to:
(deleted for privacy)
Please let me know if you would like to proceed with this sale. I would appreciate it if you would not leave negative feedback as this situation was beyond my control. Thank you for your understanding, (deleted for privacy)
"

If anybody has a legitimate reason why I should have mercy upon this poor soul, speak up.

I haven't left a neg in a long time...and I am 18-0.

On the positive side, he did properly refund the money through paypal... but there is no way I'm sending money order, check, etc...

** UPDATE ** 7/22

Now the guy opens an unpaid item dispute to get his FVF's back (mutual withraw type)

image

Comments

  • Why neg him? He refunded your money. I believe what he's saying.
    image
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  • ConnecticoinConnecticoin Posts: 13,109 ✭✭✭✭✭
    Link to auction? How is this possible ($900/oz) unless the seller is from a third world country?
  • AUandAGAUandAG Posts: 24,934 ✭✭✭✭✭
    Not your fault that the seller wants to back out because of terms he offered. NEG him.

    bob
    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
  • RobbRobb Posts: 2,034
    He's been straight with you, why on Earth would you neg him?
    imageRIP
  • fcfc Posts: 12,793 ✭✭✭
    that is creepy and feels like a setup...
  • phehpheh Posts: 1,588
    "...due to the sum of the sales of all of the coins."

    How much are we talking here? I suppose it is possible that this guy is telling the truth regarding his situation with PayPal - as they could consider it possible money laundering. Particularly if it was under spot price.
  • blu62vetteblu62vette Posts: 11,945 ✭✭✭✭✭
    Maybe pay each item separately so the $$$ amounts are smaller and he wont have the problem.
    http://www.bluccphotos.com" target="new">BluCC Photos Shows for onsite imaging: Nov Baltimore, FUN, Long Beach http://www.facebook.com/bluccphotos" target="new">BluCC on Facebook

  • I'd like to see a link also. The price sounds too good to be true. It's not that I don't believe you, it's just that leaving a negative would require more information than what I've got right know.
  • Ha, ha, ha, welcome to the world of paypal. I know a few people who will never accept paypal again because of similar bs experiences.
  • OPAOPA Posts: 17,141 ✭✭✭✭✭
    Contact PayPal & find out if he is telling the truth. He may be limited as to his transaction totals ... acct may not be confirmed or does not have a Premier acct.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • cinman14cinman14 Posts: 2,489
    If I remember correctly PayPal will only allow 500 dollars per month to be withdrawn...I can't remember the type of account this is
    but I know it is the type I had when I started with PayPal. I did upgrade later but I remember a 500 dollar limit on monthly withdrawls.

    It could be legit. Check with PayPal and see if they still have new account limits
  • prooflikeprooflike Posts: 3,879 ✭✭
    I bought (2) 1/4 ouncers - one for $222 & another for $223

    but the seller had several other gold coin items available, maybe about 9-10 ounces in all. & all ending within 3 days.

    Also, has up to $200 buyer protection (paypal) only.

    I am kindda ticked off because I wanted my cheap bullion, I got a feeling he didn't want to pay the fees.


    image
  • OPAOPA Posts: 17,141 ✭✭✭✭✭


    << <i>Ha, ha, ha, welcome to the world of paypal. I know a few people who will never accept paypal again because of similar bs experiences. >>




    Must be the same sellers I refuse to buy from. If PayPal is not a payment option, I move on. To much competition on eBay to hassle with a non PayPal payment option.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • prooflikeprooflike Posts: 3,879 ✭✭
    500 dollar limit on monthly withdrawls

    Not my problem, don't try to sell $10,000 worth of goods if you can't handle the cash flow.


    image
  • jmski52jmski52 Posts: 23,264 ✭✭✭✭✭
    Must be the same sellers I refuse to buy from. If PayPal is not a payment option, I move on. To much competition on eBay to hassle with a non PayPal payment option.

    Um, OPA - this guy WAS a PayPal seller, not the other way 'round.image
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • cinman14cinman14 Posts: 2,489


    << <i>500 dollar limit on monthly withdrawls

    Not my problem, don't try to sell $10,000 worth of goods if you can't handle the cash flow. >>



    I didn't say it was your problem. I was offering a reason behind his comment...

    Withdrawal limit (monthly) $500.00 USD $500.00 USD Lift Limits

    Your monthly receiving and withdrawal limits are reset every month on the anniversary of when you opened your account. Your account was opened on Apr. 12, 2008

    What do these limits mean?

    Withdrawal limits:

    Monthly: The maximum amount you can withdraw in a month before you must verify your bank account or card information.

    In some cases, you will need to confirm your address and/or link and confirm your card to lift your withdrawal limits.



    --------------------------------------------------------------------------------

    Your limit is reset every month, starting from the date you opened your account. Your account was opened on Apr. 12, 2008. After you have completed 2 of the 3 steps, your Withdrawal Limit will be removed. All limits are denominated in the currency of your Primary Balance. If you withdraw funds from a currency balance other than your Primary Currency, your Withdrawal Limit will be reduced by the Primary Currency equivalent of the withdrawal amount. To calculate the value of one amount to another, use the Currency Converter.


    --------------------------------------------------------------------------------
    Return to Account Overview
  • OPAOPA Posts: 17,141 ✭✭✭✭✭


    << <i>Must be the same sellers I refuse to buy from. If PayPal is not a payment option, I move on. To much competition on eBay to hassle with a non PayPal payment option.

    Um, OPA - this guy WAS a PayPal seller, not the other way 'round.image >>



    The OP was the buyer ... correct.. or am I misreading this thread
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • pocketpiececommemspocketpiececommems Posts: 6,051 ✭✭✭✭✭
    Can you call PayPal and find out if what he said is legit??
  • notwilightnotwilight Posts: 12,864 ✭✭✭
    Sounds like he's one of the "high risk" sellers affected by the new rules and paypal is holding his funds until you leave positive feedback. Since he can't get the money he's uncomfortable shipping the coins. See the Coinboy thread earlier today for an example of him withdrawing the funds before shipping the coin. Catch 22. --Jerry
  • notwilightnotwilight Posts: 12,864 ✭✭✭


    << <i>If I remember correctly PayPal will only allow 500 dollars per month to be withdrawn >>



    No such limit. I don't want to post my specific history but it has been more than 10X this per week. --Jerry

  • cinman14cinman14 Posts: 2,489


    << <i>

    << <i>If I remember correctly PayPal will only allow 500 dollars per month to be withdrawn >>



    No such limit. I don't want to post my specific history but it has been more than 10X this per week. --Jerry >>



    Per PayPal not from me...image

    Withdrawal limit (monthly) $500.00 USD $500.00 USD Lift Limits

    Your monthly receiving and withdrawal limits are reset every month on the anniversary of when you opened your account. Your account was opened on Apr. 12, 2008

    What do these limits mean?

    Withdrawal limits:

    Monthly: The maximum amount you can withdraw in a month before you must verify your bank account or card information.

    In some cases, you will need to confirm your address and/or link and confirm your card to lift your withdrawal limits.



    --------------------------------------------------------------------------------

    Your limit is reset every month, starting from the date you opened your account. Your account was opened on Apr. 12, 2008. After you have completed 2 of the 3 steps, your Withdrawal Limit will be removed. All limits are denominated in the currency of your Primary Balance. If you withdraw funds from a currency balance other than your Primary Currency, your Withdrawal Limit will be reduced by the Primary Currency equivalent of the withdrawal amount. To calculate the value of one amount to another, use the Currency Converter.


    --------------------------------------------------------------------------------

  • It sounds like your mind is already made up.
  • pennyanniepennyannie Posts: 3,929 ✭✭✭
    Paypal does limit some sellers. Some sellers may not even be aware of this until they try to get there money.

    You got a timiley refund, emails from the seller, so why do you want to neg the guy?
    Mark
    NGC registry V-Nickel proof #6!!!!
    working on proof shield nickels # 8 with a bullet!!!!

    RIP "BEAR"
  • prooflikeprooflike Posts: 3,879 ✭✭
    It sounds like your mind is already made up.

    No, it is not. The timely refund is the only saving grace.

    Additional bit of info. This seller also had about 6 oz. of raw gold up for sale (9 auctions) and cancelled all the bids on 7/15.

    image
  • "Due to the sum of all the coins"... if he has a non-business account there is a limit on how much money can be collected in one month.

    I, and I would presume, many started out selling that way, just a few auctions, less than $500 a month and you don't have to pay Pay Pal fees but, after a while, a business account is needed.

    Anyways, if he refunded your money, I guess there's no need for a negative.
  • YaHaYaHa Posts: 4,220
    Meet him at Starbucks, show up 10 mins early with a Chocolate Mocha and have money/cash in one hand and trade coin in the other. Seems this way everyone is happy. Also seems like you got a great deal.

    All kidding aside why not Money Order, get a phone number, make sure he doesn't have alot of negs, also do what another member stated you can call paypal and chat about what happen, if it smells fishy it's fishy. RUN!!!!!!!!!!


  • << <i>Paypal does limit some sellers. Some sellers may not even be aware of this until they try to get there money.

    You got a timely refund, emails from the seller, so why do you want to neg the guy? >>



    I agree, but if he does try to back out neg him for the rest of us.
    Trustworthy BST sellers: cucamongacoin
  • No matter what, you have your money back, you're not out a dime. Whether or not you decide to proceed with the sale would be up to you. But I think if you're lucky enough to come out even, don't Neg him. Just leave no feedback at all.

    I know you had a good deal in price and it's a disappointment, but let it go and move on. Let him know if you aren't completing the sale so he can file for a FVF credit.

    JMHO
    Marlene
    Have bought and sold on BST, many references available when asked.
  • au58au58 Posts: 1,288 ✭✭✭


    << <i>Additional bit of info. This seller also had about 6 oz. of raw gold up for sale (9 auctions) and cancelled all the bids on 7/15. >>



    I would too if I learned I could not get my money in the timeframe that I need it.

    Why don't you send him a check?
  • rgCoinGuyrgCoinGuy Posts: 7,478
    Sounds like either he is too new, and paypal was going to hold his funds for 3 weeks or so (new policy) or as others have mentioned, he hasn't gone through the process to get rid of the $500.00 limit. Sure it was a minor inconvenience to you, but as you stated, he refunded your money and apologized. He even offered to complete the transaction using traditional funds. I would thank him for being honest and move on, no positive, no negative.
    imageQuid pro quo. Yes or no?
  • lathmachlathmach Posts: 4,720
    Are you saying he should have sent you the coins when he wasn't able to get his money? You're wrong here.
    The problem is with Paypal, not the seller.
    If you want the items send him a money order or check. It's no big deal.
    I don't have Paypal, and all my buys are with checks or money orders. I don't have any trouble.

    Ray
  • Weather11amWeather11am Posts: 2,060 ✭✭✭
    The $500 limit can be lifted, neg him!
  • ShamikaShamika Posts: 18,785 ✭✭✭✭
    Have you suggested alternative payment methods such as a money order, cashiers check, personal check, etc?



    Buyer and seller of vintage coin boards!
  • al410al410 Posts: 2,402 ✭✭✭✭
    The limit can be lifted thru a few simple procedures with PayPal. A basic account does have a limit. It seems as though the seller does not want to give PayPal the info required to lift his Limits. I don't remember what they required, maybe verify bank account or credit card tied to account. What ever it was I do remember it was not a big deal to do.

    AL
  • seateddimeseateddime Posts: 6,180 ✭✭✭
    I would not neg him
    I seldom check PM's but do check emails often jason@seated.org

    Buying top quality Seated Dimes in Gem BU and Proof.

    Buying great coins - monster eye appeal only.
  • PerryHallPerryHall Posts: 46,848 ✭✭✭✭✭
    Can you neg a seller?

    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

  • Let it go! PayPal pulls some really weird crap from time to time, as they damn well please.

    I believe the guy. Cut him some slack. Try something else.

    BTW, you said you haven't left a NEG in a long time but you're just 18-0?

    Check yourself, mate! Get a grip on yourself.
  • MikeInFLMikeInFL Posts: 10,188 ✭✭✭✭


    << <i>I am kindda ticked off because I wanted my cheap bullion, I got a feeling he didn't want to pay the fees. >>



    So you didn't get to rip him because of an issue that the seller reported as a PayPal problem, and rather than believe him, you think he's lying?

    Um, ok.
    Collector of Large Cents, US Type, and modern pocket change.
  • pitbosspitboss Posts: 8,643 ✭✭✭
    I had the same problem when I first started with paypal.


  • << <i>Can you neg a seller? >>



    The buyer is the one who can neg.


    I neg 70% of my sellers just for the fun of it. Why not?image
    Trustworthy BST sellers: cucamongacoin
  • ConnecticoinConnecticoin Posts: 13,109 ✭✭✭✭✭
    Well, it still sounds like the seller is backing out because he did not get the price he wanted.

    It still would help to see the auction -- still cannot see how those could close for over $100 each under fair value if the seller had decent feedback and was not from Asia.
  • BECOKABECOKA Posts: 16,961 ✭✭✭
    If it is just a mutual agreement for is fees back then there will be no strikes against you. I say just close this and forget about it.

    Oh and NEG him. The paypal thing is new and he would have gotten the funds after a waiting period. When he would have shown proof of delivery the funds would be released.
  • BECOKABECOKA Posts: 16,961 ✭✭✭


    << <i>Can you neg a seller? >>



    Why not?
  • From my perspective, the buyer's responsibility is to pay the agreed upon amount in a timely fashion by whatever means were allowed. Period.

    The seller has a much higher burden. The item must be as described in every way. Payment must be accepted as outlined. Item must be shipped as outlined within the timeframe outlined. If something happens that the seller doesn't expect, and in this case it was apperently foreseeable, the seller still needs to meet his obligations to the buyer.

    If the buyer bought gold worth $2,000 (spot at end of auction). But won the auctions for $1,700. Then the buyer needs to send the coins for $1,700 regardless of loss, right? Sending the buyer his $1,700 back only covers the auction amount, not the profit made. The buyer got lucky and made $300 on the auctions and is entitled to that. Shouldn't the refund be for $2,000.

    That said, the seller did offer to do the transaction old-school. But I would be leery (sp?) of sending the funds to someone I didn't know without some kind of intermediary such as ebay or paypal in between - for whatever protection they offer.

    Personally I think the seller is obligated to honor the auction as originally laid out. If something came up in paypal he didn't expect, it was because he didn't do the proper research. I'm not saying paypal makes it easy, just that burden is on the seller. My opinion, of course.
    Convinced myself, I seek not to convince.
  • adamlaneusadamlaneus Posts: 6,969 ✭✭✭
    He wants the FVF back, eh?

    It seems to me that you have two choices.

    One is "I agree to not go through with this transaction".

    Isn't the other one something like "this guy welched on me?" Choose that one. He does not deserve the FVF back in my opinion.

    [edit] The point about the money going to eBay is a good one. Why reward eBay? What did they do to earn that?
  • notwilightnotwilight Posts: 12,864 ✭✭✭
    If the transaction isn't going to complete the give him his final value fee. Ebay doesn't deserve the windfall. --Jerry
  • SeattleSlammerSeattleSlammer Posts: 10,055 ✭✭✭✭✭
    Good Lord! Get a life! NO, you shouldn't leave a neg, unless you're an a**hole, in which case, go for it!

    Few things are more pathetic than a grown adult not even having enough stones to make a decision about whether he should or shouldn't leave negative Ebay feedback....if you're unsure, that's probably a sign that you shouldn't, or even better, that you should remove the stick from your a** and take a breath.








  • ConnecticoinConnecticoin Posts: 13,109 ✭✭✭✭✭


    << <i>Good Lord! Get a life! NO, you shouldn't leave a neg, unless you're an a**hole, in which case, go for it!

    Few things are more pathetic than a grown adult not even having enough stones to make a decision about whether he should or shouldn't leave negative Ebay feedback....if you're unsure, that's probably a sign that you shouldn't, or even better, that you should remove the stick from your a** and take a breath. >>



    But Mr. Slammer, most of us are insecure, and want the comfort of others agreeing with us. image
  • BochimanBochiman Posts: 25,556 ✭✭✭✭✭
    I don't understand the fixation with "should I give a negative" type of posts.....

    If you were wronged/cheated/screwed, that is a negative.
    If you didn't get robbed, lose money, totally jerked around (and I don't think the info in the OP makes it "jerking around"), then leave nothing or a positive.
    I leave nothing when it happens to me (and it has happened a handful of times).

    I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment

  • gripgrip Posts: 9,962 ✭✭✭✭✭


    << <i>I don't understand the fixation with "should I give a negative" type of posts.....

    If you were wronged/cheated/screwed, that is a negative.
    If you didn't get robbed, lose money, totally jerked around (and I don't think the info in the OP makes it "jerking around"), then leave nothing or a positive.
    I leave nothing when it happens to me (and it has happened a handful of times). >>



    image

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