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IKE & Ebay experts!!! Wrong IKE Variety in PCGS holder - Buyer beware.. SHADY SELLER!

USMC_6115USMC_6115 Posts: 3,020 ✭✭✭✭✭
edited December 21, 2019 10:37AM in U.S. Coin Forum

So I bought a 1972 IKE Type 2 that was in a PCGS holder from Ebay. I usually look pretty close at the pictures, but these pics weren't that great. It was in a MS64 holder with the Type 2 attribute. I received the coin today and took a closer look as I always do. It is clearly a Type 1. I contacted the seller for a return but haven't heard back..

Anyone else ever experience this? Will Ebay back me?

Comments

  • davewesendavewesen Posts: 6,691 ✭✭✭✭✭

    mintstatemoderncoins has auctioned a few of these in last few months that are NOT type 2.
    I wonder if someone submitted a bulk submission and the wrong coin number was used on all of them. The item description or title does not mention Type 2.

    FREE 30 day return does not need seller approval, start a return request through closed auction sale. Then follow instructions.

    You could also contact PCGS and go that route, but takes much longer and may get credit rather than cash.

  • USMC_6115USMC_6115 Posts: 3,020 ✭✭✭✭✭

    @davewesen Yup, that's them.. You made short work of that. I kind of figured it must have happened before. This is what's great about this site, thanks for the help!

  • BryceMBryceM Posts: 11,863 ✭✭✭✭✭

    Our host will usually correct a label for free (if you like the coin), but a return is likely easier and faster.

  • JeffnluJeffnlu Posts: 286 ✭✭✭✭

    I bought one from them in early November. Am I out because thirty days have passed? So are they crooked?

  • USMC_6115USMC_6115 Posts: 3,020 ✭✭✭✭✭
    edited December 19, 2019 6:30PM

    @BryceM I like the coin, but I paid Type 2 money for it. A Type 1 isn't worth anywhere near the same

    @Jeffnlu Did you get a Type 1 coin in the wrong holder too? If the seller won't take care of it, I think our host will, but they may only correct the label... I would try the seller

  • GRANDAMGRANDAM Posts: 8,772 ✭✭✭✭✭
    edited December 19, 2019 6:46PM

    A Ty 2 IKE in MS64 is a $200 coin whereas a Ty 1 is a $15 coin. That is the biggest problem.

    What did you pay for it?

    All you have to do is start a return as a SNAD and you will win.

    GrandAm :)
  • JeffnluJeffnlu Posts: 286 ✭✭✭✭

    @massscrew said:
    @BryceM I like the coin, but I paid Type 2 money for it. A Type 1 isn't worth anywhere near the same

    @Jeffnlu Did you get a Type 1 coin in the wrong holder too? If the seller won't take care of it, I think our host will, but they may only correct the label... I would try the seller

    I'll try to get a good picture of the reverse this weekend. The cert number comes back as a type 2. Maybe stupid me trusted that a seller with big review numbers and being slabbed by PCGS would be the real deal. It is ms64 and I think I paid a little under $80.

  • USMC_6115USMC_6115 Posts: 3,020 ✭✭✭✭✭

    @GRANDAM Paid just over 100 bucks which I thought was a great deal :) Here's the link... thought I was being sneaky because it wasn't listed as a Type 2.. :

    https://www.ebay.com/itm/1972-P-Eisenhower-Ike-Dollar-PCGS-MS-64-/124004355615?_trksid=p2047675.l2557&ssPageName=STRK:MEBIDX:IT&nma=true&si=KgNWvBW%2Bvj55rdJC7G30nj2qOUg%3D&orig_cvip=true&nordt=true&rt=nc

    @Jeffnlu good site here for reference just in case you need it for the types:

    http://coinancials.com/CoinImages/Ike_dollars_bydate/1972.html

  • JeffnluJeffnlu Posts: 286 ✭✭✭✭


    Ebay screenshot of the one I bought.

  • USMC_6115USMC_6115 Posts: 3,020 ✭✭✭✭✭

    @Jeffnlu That is a Type 1

    wow, that's an issue... I'll have to start being more careful and less sneaky :/

  • GRANDAMGRANDAM Posts: 8,772 ✭✭✭✭✭
    edited December 19, 2019 10:43PM

    Good price IF it was / is a Ty 2

    Just saw the photo,,,,,, definetly a Ty 1. :(

    I have to believe that the seller knows it was not a Ty 2 or it would have said Ty 2 in the auction title.

    GrandAm :)
  • BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭

    I somehow keep seeing this thread title as IKEA & Ebay experts :s

    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
  • rickoricko Posts: 98,724 ✭✭✭✭✭

    Good links for those wanting to determine Ike types....There are many of these coins in old collections or just as mementos....Look carefully.... there is treasure out there... ;) Cheers, RickO

  • USMC_6115USMC_6115 Posts: 3,020 ✭✭✭✭✭

    @GRANDAM funny that I see it plain as day now... I think I wasn't looking too closely and counting on the fact that PCGS had it right. I'll be more careful now:)

    The seller responded and made it right... even sent me a prepaid shipping label. Hopefully someone else doesn't unknowingly end up with it thinking they have a Type 2

  • davewesendavewesen Posts: 6,691 ✭✭✭✭✭
    edited December 20, 2019 11:58AM

    @Jeffnlu said:
    I bought one from them in early November. Am I out because thirty days have passed? So are they crooked?

    PCGS guarantees their variety attribution but they will try and say it is a 'mechanical error'. All you have to do is say you did not know it was incorrect until you showed it to someone else and too late for return.

    The seller may take it back, as someone there knows what they do and do not have. They have a MS65 type 2 with a BIN over a grand.

  • JeffnluJeffnlu Posts: 286 ✭✭✭✭

    @massscrew said:
    @GRANDAM funny that I see it plain as day now... I think I wasn't looking too closely and counting on the fact that PCGS had it right. I'll be more careful now:)

    The seller responded and made it right... even sent me a prepaid shipping label. Hopefully someone else doesn't unknowingly end up with it thinking they have a Type 2

    I've not heard back from the seller yet. I sent them a message last night.

  • I have submitted a few Kennedy half dollars to PCGS that were mis attributed and under their Guarantee policy, they always made me whole (It may have taken a little time but they stand behind their Guarantee with their wallet).

  • USMC_6115USMC_6115 Posts: 3,020 ✭✭✭✭✭
    edited December 21, 2019 2:21PM

    So I got bored and looked through the seller’s feedback and came up with these instances he sold the 1972 Type 1 coins in MS64 Type 2 PCGS holders. (there could be more)… A few things are clear: it was a bulk submission, he knows these coins are NOT Type 2, but he doesn’t mention it. I know that because he has sold other Type 2 coins that ALL have had Type 2 in the title, the ones listed here do not!

    @Jeffnlu do you see your coin listed here?

    CERT#: 36587590
    AUCTION END: 12/15
    ITEM#: 124004355615 – MY AUCTION

    CERT#: 36587582
    AUCTION END: 12/8
    ITEM#: 113996896081

    CERT#: 36587591
    AUCTION END: 12/1
    ITEM#: 123987304811

    CERT#: 36587593
    AUCTION END: 11/17
    ITEM#: 113960724898

    CERT#: 36587595
    AUCTION END: 10/27
    ITEM#: 113930933394

    Deceptive?
    Opinions?

    Is there a way to report it? I feel bad that there’s buyers that think they have a Type 2 in their collection and do not! One buyer paid over $200

    Edited to correct a couple of Cert # I had mistyped

  • JeffnluJeffnlu Posts: 286 ✭✭✭✭

    @massscrew said:
    So I got bored and looked through the seller’s feedback and came up with these instances he sold the 1972 Type 1 coins in MS64 Type 2 PCGS holders. (there could be more)… A few things are clear: it was a bulk submission, he knows these coins are NOT Type 2, but he doesn’t mention it. I know that because he has sold other Type 2 coins that ALL have had Type 2 in the title, the ones listed here do not!

    @Jeffnlu do you see your coin listed here?

    CERT#: 368875790
    AUCTION END: 12/15
    ITEM#: 124004355615 – MY AUCTION

    CERT#: 36587582
    AUCTION END: 12/8
    ITEM#: 113996896081

    CERT#: 36587591
    AUCTION END: 12/1
    ITEM#: 123987304811

    CERT#: 36587593
    AUCTION END: 11/17
    ITEM#: 113960724898

    CERT#: 36587595
    AUCTION END: 10/27
    ITEM#: 113930933394

    Deceptive?
    Opinions?

    Is there a way to report it? I feel bad that there’s buyers that think they have a Type 2 in their collection and do not! One buyer paid over $200

    @masscrew
    My cert is #36587592

  • ms70ms70 Posts: 13,956 ✭✭✭✭✭
    edited December 21, 2019 11:41AM

    Not defending the seller, but I wonder if he doesn't really know coins and just bulk sells and lists by what's on the holder. It could just be shear ignorance by a wannabe coin dealer....

    Bulk submission with wrong coin#? FOCUS PCGS.... FOCUS.

    Great transactions with oih82w8, JasonGaming, Moose1913.

  • MFeldMFeld Posts: 14,996 ✭✭✭✭✭

    @ms70 said:
    Not defending the seller, but I wonder if he doesn't really know coins and just bulk sells and lists by what's on the holder. It could just be shear ignorance by a wannabe coin dealer....

    Bulk submission with wrong coin#? FOCUS PCGS.... FOCUS.

    It’s been alleged that on the mislabeled ones, the seller doesn’t include “Type 2” in the listing titles, (but that he does include that for correctly attributed ones). If that’s correct, it indicates that he knows what he’s doing.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • USMC_6115USMC_6115 Posts: 3,020 ✭✭✭✭✭

    @MFeld exactly!

  • davewesendavewesen Posts: 6,691 ✭✭✭✭✭

    @MFeld said:

    @ms70 said:
    Not defending the seller, but I wonder if he doesn't really know coins and just bulk sells and lists by what's on the holder. It could just be shear ignorance by a wannabe coin dealer....

    Bulk submission with wrong coin#? FOCUS PCGS.... FOCUS.

    It’s been alleged that on the mislabeled ones, the seller doesn’t include “Type 2” in the listing titles, (but that he does include that for correctly attributed ones). If that’s correct, it indicates that he knows what he’s doing.

    The ones listed as Type 2 are BINs and the other ones not mentioning it are auctions, so not necessarily fraud if more than one person operation.

    I checked the submission these all came from. I did not know they were sorted from lowest grade to highest.
    The first is 36587524 and the last is 36587658. They are all business strike IKES. The first few are lowballs. There are a few runs of 1972-P type 2's starting with 36587531 through 36587559 which are AU55 through MS62. The MS 63 1972-P type2 are 36587563 through 36587566. The MS 64 1972-P type 2 are 36587581 through 36587596. The MS65s have no type 2's and start at 36587639 and last coin of submission is 36587658.

    There are no pictures, so some/many of these Type 2's could be correct. The submission must have been about a year ago as eBay sales started showing up in January 2019 . I also do not know for sure how PCGS charges for submissions like this.

  • USMC_6115USMC_6115 Posts: 3,020 ✭✭✭✭✭
    edited December 21, 2019 2:10PM

    @davewesen NO, mine and the others WERE NOT mentioned as Type 2 in the descriptions! Only the picture shows it as a Type 2. ALL of his other Type 2 sales that actually ARE the Type 2 clearly state they are Type 2!

    I don't know what you are trying to say... The 5 coins that I am referring to are PCGS MS64 Type 1 coins in PCGS MS64 Type 2 holders. And we can add @Jeffnlu coin to the list. I am only going by positive feedback for the seller. NONE of those listed coins state ANYTHING ABOUT Type 2.. Only the picture shows the Type 2... ALL OF HIS OTHER LISTINGS THAT ARE TYPE 2 CLEARLY LIST THEM AS TYPE 2!!

    That tells me he knows very well these are not Type 2 Ikes

  • davewesendavewesen Posts: 6,691 ✭✭✭✭✭

    I checked their closed MS64 type 2's - none were type 2, these were all auction.
    They have 3 current BINs listed as type 2's, that are type 2s

    When they sell them at auction and do not state Type 2 in title or description, they are not (even though PCGS cert and slab say Type 2)

  • USMC_6115USMC_6115 Posts: 3,020 ✭✭✭✭✭
    edited December 21, 2019 2:44PM

    @davewesen Huh?

    Right, so that makes it okay?

  • JeffnluJeffnlu Posts: 286 ✭✭✭✭

    I checked their completed sales. Going back roughly three months they have sold eight type twos via auction and six via BIN style.

    None of the auctioned Ikes stated type two in the header but they all do on the slab. Sold for up to $202.

    The six BIN did have type two in the header and on the slab.

    Seller knew exactly what they were selling.

    I have left two messages with no reply.

  • USMC_6115USMC_6115 Posts: 3,020 ✭✭✭✭✭
    edited December 21, 2019 3:17PM

    @Jeffnlu Exactly... I'm not sure what the confusing above is about.. I'm going to email Ebay and see if they can contact the buyers.. or if they will or not. Seems pretty straight forward to me... Once I get me refund, I'll make note of it in his feedback which may or may not help others...

    Thinking of emailing the seller too with his bad auctions... Does anyone have morals anymore???

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