CoinStar find of Ebay banned country coin
WillieBoyd2
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I live in California and today I walked by the market CoinStar machine and saw a shiny coin.
Cuba 10 Centavos 2013
As we all know, Ebay will not allow anyone to sell coins from Cuba on their site.
The castle on the coin is Havana's Castillo de la Real Fuerza (Castle of the Royal Army).
Cuba 10 Centavos 2013
As we all know, Ebay will not allow anyone to sell coins from Cuba on their site.
The castle on the coin is Havana's Castillo de la Real Fuerza (Castle of the Royal Army).
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EBay needs to get with the times and end the Cuban coin ban, which I always thought rather silly in the first place.
When they do, I wonder if there will be a slight uptick or renaissance of Cuban coins? Hmm.
Have we not yet gotten around to getting rid of the seemingly childish and paranoid Cold War embargo, or reestablished embassies?
I guess these things take time.
The Embargo Act and OFAC guidelines ban importing into the United States Cuban coins, currency and stamps issued from 1962 onward; pieces issued prior to 1962 may be freely traded. The eBay ban, however, goes further than the Embargo Act and OFAC guidelines, by prohibiting the sale of items issued before 1962, according to Putrow.
“There is no logical reason why eBay has initiated a revised policy other than the inability to ‘tag’ the listings of embargoed and non-embargoed items,” Putrow said.
A commercial, economic and financial embargo against Cuba was partially imposed beginning in October 1960, nearly two years after Fidel Castro’s Cuban Revolution deposed Cuban dictator Fulgencio Batista’s regime.
The embargo was enacted subsequent to Cuba’s nationalizing the properties of U.S. citizens and corporations in Cuba.
The embargo, strengthened to a near-total embargo on Feb. 7, 1962, was codified into law in 1993 as the Cuban Democracy Act.
The act’s stated purpose was to maintain sanctions on Cuba until the Cuban government moves toward “democratization and greater respect for human rights.”
Response from eBay
In response to Coin World’s inquiry concerning reasons for eBay’s ban on Cuban numismatic and philatelic collectibles, Kari Ramirez from eBay’s corporate communications staff issued the following statement May 20:
“eBay is committed to maintaining the highest industry standards and our policies are designed to promote a safe and trusted marketplace that complies with U.S. trade laws and regulations.
“eBay’s Embargoed Goods policy prohibits the sale of items that fall under U.S. embargo regulations. As a U.S.-based company, this policy applies to all items sold on eBay.
“We are updating the policy to clarify that eBay does not permit goods from embargoed countries that claim to be pre-embargo, since we cannot determine or verify when an item was removed from a specific country. Specifically, listings for stamps, coins or paper money from Cuba are not permitted.”
Said notes show up in the last season of Boardwalk Empire, early 1930s where Nucky Thomson is finally gunned down. ABNC took the contract in the 1940s and up to 1960, and even Castro used some unused ABNC notes ordered by the Batista regime, and dated 1960, by simply changing the signatures, with Che's as Central Bank director being the most sought after.
For the past two years I bought as many Cuban unc graded banknotes and specimens as I could get my hands on. Stiff competition has now changed that, but Istill believe that the trend is still upward and will remain so for a while.
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I personally find it ridiculous that e-Bay forbids the listing of Cuban coins struck in Philadelphia.
Considering the scope of ebay, it may just be too much trouble trying to figure out which coins were struck in Philadelphia and police the situation. It may be better for them to just wait out the embargo, which may or may not end very soon.
I personally find it ridiculous that e-Bay forbids the listing of Cuban coins struck in Philadelphia.
+1
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Coin sale at link below
https://photos.app.goo.gl/wS6r94r66BAJV3zC6
20% off-center, slabbed NGC Genuine, cleaned. I figured it's probably a $50-$100 coin.
It sold for a whopping $1645.
Auction Link
Edited to clarify: I'm not the winning bidder, unfortunately...
The Cuban embargo was the greatest thing the US ever did for Castro. Managed to keep him and his brother in power for 57+ years and counting.
Besides preventing any real and FULL investigation into the Kennedy assassination.
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Ooops, sorry - the picture above is from the Morro Castle (Castillo de los Tres Reyes Magos del Morro)
Pretty picture all the while.
My wife's auntie is going to Cuber next month - I should have her get me some illegal coinage.
Two thirds of the United Nations member states belong to the Non-aligned movement
Just don't try selling this coin to them on eBay
"Inspiration exists, but it has to find you working" Pablo Picasso
Coin sale at link below
https://photos.app.goo.gl/wS6r94r66BAJV3zC6
One of my favorite world coins I picked up for a little over melt...and its the key date.
People also sell a lot of them on eBay, you just can't use "Cuba" in the title. Try "Caribbean silver" or "patria y libertad (and insert the denomination)" and there are a ton for sale...eBay doesn't really care. They are doing just enough to comply with the archaic law.
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It wasn't always like that though, was it? I have vague memories off older members, now permanently yeti, who were collecting quality Cuban coins, including gold, which is the reason why I find myself familiar with the designs. Wasn't it allowed to buy/sell 10-15 years ago on eBay ?
Ebay didn't start enforcing it until 2 or 3 years ago.
Ooops, sorry - the picture above is from the Morro Castle (Castillo de los Tres Reyes Magos del Morro)
Pretty picture all the while.
My wife's auntie is going to Cuber next month - I should have her get me some illegal coinage.
Spoken like a true Bostonian.
Do you still have?
https://m.facebook.com/cubaUScoinsandCollectibles/
Oddly enough, eBay only filters the word "Cuba" in the coins and paper money category. If you search in categories like historical collectibles, you will find Cuban coins for sale listed normally and without the facsimile names like "Caribbean Islands" or the somewhat amusing "Q-ba"
Highly enthusiastic about world coins, contemporary circulating counterfeits and unusual stuff
Yes I do. Not very good photos. This is the only one graded by PCGS. Mintage is believed to be 10 with 5 known.
I give it the nickname "Cuban Stella" for the unusual denomination. Yes I know his name isn't Stella and there are no stars.
FWIW, if I recall correctly from my own trips there, that 10 centavo coin was the tourist coinage, not the coinage for ordinary Cubans.
Just curious...... aren't there MULTIPLE eBay's out there with extensions like ca, au, etc besides just the one used in the U.S.? Or am I confusing it with multiple versions of Amazon? If there ARE multiple eBays out there, is Cuba blocked on those as well?
There are indeed. UK has their own, France, Germany, etc. I think but not 100% sure that the Cuba ban does not apply to them. Not sure if they try to ban bids or shipments involving USA.