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eBay Buffalo Auctions?

furiouspetefuriouspete Posts: 46
in Precious Metals
What's with these auctions on eBay? They are all listings for gold buffs, with certificate numbers that check out, under spot from users with what looks like ok feedback. I dont see any signs that they are counterfeit. That said, the pictures almost look like they have an identical back ground and the same coin appears in two auctions from different sellers (cert# 16145773). Scam?

Closed Auction 1
Closed Auction 2
Active Auction

Comments

  • derrybderryb Posts: 36,824 ✭✭✭✭✭
    IMHO scam, same seller, possible via hijacked accounts. Keep an eye on the feedback, these auctions are likely to change it. I highly suspect same seller who listed these was also trying to sell these.

    The key to having ebay investigate is to show to ebay where he is getting the pics. If you look closely at the pics they are not a single shot of multiple coins. They are shots of individual coins pieced together.

    Authenticity of the coins and the slabs also questionable. Look closely, they just don't look right, particularly the buffalo obverse.

    Proof it's a single seller, he sold the same coins twice under two different accounts:

    darboywebers

    chinesepug1

    And one of those coins is in his current listing:

    cdromm1

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

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