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Ethics question

CaptHenwayCaptHenway Posts: 32,708 ✭✭✭✭✭
in U.S. Coin Forum
Somebody is selling a Cheerios dollar in a PCGS MS-67 as "highest grade" and "top pop."

linky

I own a PCGS MS-68, and it is not the only one. Do I have an obligation to point this out to the seller?

TD
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.

Comments

  • BoosibriBoosibri Posts: 12,395 ✭✭✭✭✭


    << <i>Somebody is selling a Cheerios dollar in a PCGS MS-67 as "highest grade" and "top pop."

    linky

    I own a PCGS MS-68, and it is not the only one. Do I have an obligation to point this out to the seller?

    TD >>



    Ethical obligation...no, I don't think so. I would still do it though.

    Latin American Collection

  • MGLICKERMGLICKER Posts: 7,995 ✭✭✭
    Not an obligation but a courtesy is generally well received.
  • lasvegasteddylasvegasteddy Posts: 10,432 ✭✭✭
    one could waste their life away policing ebay
    like a non stop whack-a-mole game there

    myself i wouldn't sweat it
    everything in life is but merely on loan to us by our appreciation....lose your appreciation and see


  • GreeniejrGreeniejr Posts: 1,321 ✭✭✭
    This is interesting because there are actually 29 in MS68
  • CasmanCasman Posts: 3,935 ✭✭
    I guess I would maybe be more concerned that the cert is in a private registry yet being sold by an apparent newbie seller on a 5 day auction.


    This plus the obverse photo looks like it was swiped. It's a decent pic yet the corner of the slab is chopped out of the photo=red flag
  • PerryHallPerryHall Posts: 46,814 ✭✭✭✭✭


    << <i>This is interesting because there are actually 29 in MS68 >>



    How can you be sure that the pop report which I assume you are quoting isn't counting some of the coins multiple times due to resubmissions?

    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

  • PerryHallPerryHall Posts: 46,814 ✭✭✭✭✭


    << <i>Not an obligation but a courtesy is generally well received. >>



    Agree. You would be under no ethical obligation to educate an eBay seller but it would be a kind thing to do. Of course, no good deed goes unpunished so don't be surprised if he tells you to mind your own business or cusses you out and then blocks you from bidding on his auctions.

    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

  • PokermandudePokermandude Posts: 2,713 ✭✭✭
    Looks like he added an amendment to the description saying he didn't mean to have that in the title.

    Either way, anyone willing to drop that much money on a coin should being doing their own due diligence by looking at the pop reports for themselves before bidding.
    http://stores.ebay.ca/Mattscoin - Canadian coins, World Coins, Silver, Gold, Coin lots, Modern Mint Products & Collections
  • BStrauss3BStrauss3 Posts: 3,680 ✭✭✭✭✭
    of course in the time it took to complain here and debate this, I contacted the seller and he's already contacted at eBay and found you can't change the listing so he's added text apologizing for the error & contacted all the bidders to tell them that he made a mistake and sent me back a note apologizing....

    sometimes simple direct action is the best way to overcome a small error
    -----Burton
    ANA 50 year/Life Member (now "Emeritus")
  • LakesammmanLakesammman Posts: 17,454 ✭✭✭✭✭
    I point out errors to sellers now and then - most of the time I get ignored but some appreciate it.
    "My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose, Cardinal.
  • CaptHenwayCaptHenway Posts: 32,708 ✭✭✭✭✭
    Well then, thanks to whomever contacted him and effected the correction.

    As to the pictures being his or not, I do tend to follow these and do not recall seeing one rotated within the holder like that, though of course I may have missed it.

    TD
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • JerseyJoeJerseyJoe Posts: 460 ✭✭
    And it is easier to get forgiveness then permission.


    Oops I put it in the title by mistake and now I can't remove it.


    The correct thing I think would be end the auction and relist it properly.
    A bird sitting on a tree is never afraid of the branch breaking because it's trust is not in the branch but it's own wings.
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,571 ✭✭✭✭✭
    It is a nice gesture to enlighten the seller and I don't think it would be unethical to so. After all, grading is subjective. Disagreeing and outing the seller is optional but not a fiduciary duty if it isn't violating the HPA. And the seller clearly is fishing for someone to believe his "description". Buy it and then claim it is not as described after seeing it in hand. He could be right. image But I think we could throw ethics out the door on this one. That's just my opinion which doesn't count.

    ``https://ebay.us/m/KxolR5

  • segojasegoja Posts: 6,141 ✭✭✭✭
    I say questionable auction. Never sold a coin. Hard to tell from his feedback (100% as a buyer and non as a seller) but it looks like he doesn't even do coins looking at the sellers names.

    Now he starts with a coin worth $4000-5000.

    Good news is you have paypal to stand behind you if he doesn't deliver, but why risk it on a coin like this. they are available.
    JMSCoins Website Link


    Ike Specialist

    Finest Toned Ike I've Ever Seen, been looking since 1986

    image
  • pennyanniepennyannie Posts: 3,929 ✭✭✭


    << <i>one could waste their life away policing ebay
    like a non stop whack-a-mole game there

    myself i wouldn't sweat it >>



    PLUS 1. You can't save everyone from themselves.
    Mark
    NGC registry V-Nickel proof #6!!!!
    working on proof shield nickels # 8 with a bullet!!!!

    RIP "BEAR"
  • MrEurekaMrEureka Posts: 24,412 ✭✭✭✭✭
    << one could waste their life away policing ebay
    like a non stop whack-a-mole game there

    myself i wouldn't sweat it >>



    PLUS 1. You can't save everyone from themselves.



    Ditto.
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭


    << <i>I point out errors to sellers now and then - most of the time I get ignored but some appreciate it. >>



    image
    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
  • RaufusRaufus Posts: 6,849 ✭✭✭✭✭


    << <i>

    << <i>Somebody is selling a Cheerios dollar in a PCGS MS-67 as "highest grade" and "top pop."

    linky

    I own a PCGS MS-68, and it is not the only one. Do I have an obligation to point this out to the seller?

    TD >>



    Ethical obligation...no, I don't think so. I would still do it though. >>



    I agree.

    Never know if seller is intentionally making false statement for marketing of just doesn't know the truth.

    BTW, he is incorrect re changing the listing. U can change the listing after it's posted just not once there are bids.
    Land of the Free because of the Brave!
  • RelaxnRelaxn Posts: 1,098 ✭✭✭✭✭
    Also notice that both items he is selling have photos that look stock... I find this seller VERY ????
  • pocketpiececommemspocketpiececommems Posts: 6,046 ✭✭✭✭✭
    Is it me or is this coin not centered in the holder correctly?
    Pocketpiececommemoratives

    Lafayette Grading Set
  • AMRCAMRC Posts: 4,280 ✭✭✭✭✭
    No obligation.

    Civic service. image
    MLAeBayNumismatics: "The greatest hobby in the world!"
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    To contact or not, is not an ethical question.....it is a personal decision....Cheers, RickO
  • LindeDadLindeDad Posts: 18,766 ✭✭✭✭✭
    Ethics & eBay are words seldom in the same sentence any more.
    My Current project....https://www.pcgs.com/setregistry/mysetregistry/album/160794
  • CasmanCasman Posts: 3,935 ✭✭


    << <i>Also notice that both items he is selling have photos that look stock... I find this seller VERY ???? >>




    Reminds me of a DLRC photo, improperly cropped both sides.
  • MGLICKERMGLICKER Posts: 7,995 ✭✭✭


    << <i>Ethics & eBay are words seldom in the same sentence any more. >>



    Good point.

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