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Shameful eBay Seller--Obvious FAKE $5 1909-O Indian

I have filed three reports and YET eBay allows this? Are you kidding...? This seller even has the gall to note that 'proceeds go to charity' W-*-F
https://www.ebay.com/itm/1909-O-5-Gol-Indian-Jead/294075491378?hash=item447843e432:g:CVAAAOSwLGpgU9JW

How does he have 100% positive feedback????

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    PerryHallPerryHall Posts: 47,524 ✭✭✭✭✭

    I didn't know the mint made reverse proof Indian G$5 coins ;) .

    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

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    rec78rec78 Posts: 5,930 ✭✭✭✭✭
    edited March 29, 2021 7:26AM

    Reported.
    I think this auction may also violate the $2500 dollar rule.
    Ebay requires more than one or two reports sometimes to take down an auction. One person reporting the same coin three times only counts as one. You need to post bad auctions here as you have this one, and we will get it down with multiple reports. Thanks for this thread. Even so, I do not think a person interested in a coin such as this will be fooled by this auction listing. But you never know. "There's a sucker born every day".

    image
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    BillJonesBillJones Posts: 35,786 ✭✭✭✭✭

    @PerryHall said:
    I didn't know the mint made reverse proof Indian G$5 coins ;) .

    It is a special issue that marked the closing of the New Orleans Mint that has recently been discovered. :o Did you miss the story in "Coin World?"

    Oh, I missed it too. :D

    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
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    KurisuKurisu Posts: 2,198 ✭✭✭✭✭

    Seller says "Purchased Sealed From Smithsonian. Looks To Be BU" :/
    Reported...

    Coins are Neato!

    "If it's a penny for your thoughts and you put in your two cents worth, then someone...somewhere...is making a penny." - Steven Wright

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    BillJonesBillJones Posts: 35,786 ✭✭✭✭✭
    edited March 29, 2021 10:51AM

    Only a person, with more money than brains, who has put zero effort into researching this coin, would be taken by this. Unfortunately, if we have a repeat of the late 1970s, when people were desperate to buy “things” because the stock market had gone bad, you might see more offerings like this, and people getting taken. Back then it was AU coins that “became” MS-65 coins that were sold for high prices. I saw “coin investment portfolios” that were worth pennies on the dollar relative to the price paid.

    With the proliferation of counterfeits, that might be the vehicle for scammers this time.

    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
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    LazybonesLazybones Posts: 1,616 ✭✭✭✭✭

    Reported.

    USAF (Ret) The purpose of Bourbon is to make you feel like you should feel WITHOUT Bourbon. Remembering RickO, a brother in arms.

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    johnny9434johnny9434 Posts: 32,346 ✭✭✭✭✭

    its still there :(

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    Morpheus1967Morpheus1967 Posts: 173 ✭✭✭

    Also states it's PCGS certified, yet label photos are the only blurred photos.

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    stownsinstownsin Posts: 76 ✭✭✭

    I actually wonder if eBay really pays much attention to those reports. I filed a report on this coin several days ago and radio silence. It is really aggravating that someone can flagrantly get away with this.

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    silverpopsilverpop Posts: 6,934 ✭✭✭✭✭

    e-bay cares about one thing $$$$ as long as it doesn't hurt the profits they rake in too seriously they could care less but if it starts eating into those profits they will act

    and feedback is useless on e-bay

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    santinidollarsantinidollar Posts: 1,056 ✭✭✭✭✭

    I’d like to hang that seller by the thumbs.

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    DoubleEagle59DoubleEagle59 Posts: 8,431 ✭✭✭✭✭

    Most every time the seller says something like 'some proceeds are going to charity', the seller is a scammer.

    Now I said 'most every time' not all the time, so don't flame me for picking on sellers donating to charity because there are legitimate ones on Ebay, but usually it means bad news.

    "Gold is money, and nothing else" (JP Morgan, 1912)

    "“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)

    "I only golf on days that end in 'Y'" (DE59)
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    stownsinstownsin Posts: 76 ✭✭✭
  • edited March 29, 2021 1:27PM
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    stownsinstownsin Posts: 76 ✭✭✭

    @DarkRage666 Starting bid is $4,000 and the buy it now price is $6,500. I am just shocked that eBay doesn't care. If it isn't down by tomorrow morning, I am going to call them. This is ridiculous.

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    MarkKelleyMarkKelley Posts: 2,079 ✭✭✭✭✭

    It plainly says "COPY" right above FIVE DOLLARS so technically, it's legal.

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    MFeldMFeld Posts: 16,631 ✭✭✭✭✭

    I messaged the seller, who said he’d end the listing and he did.

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

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    OPAOPA Posts: 17,162 ✭✭✭✭✭
    edited March 30, 2021 11:07AM

    After seller ended the auction...ebay Nuked it...

    revised comment after reading Mfeld's response. B)

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
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    sellitstoresellitstore Posts: 3,085 ✭✭✭✭✭

    It's not in Ebay's interests to leave fraudulent listings up for others to see. If it's gone, it never happened.

    Collector and dealer in obsolete currency. Always buying all obsolete bank notes and scrip.
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    TurtleCatTurtleCat Posts: 4,668 ✭✭✭✭✭

    @MarkKelley said:
    It plainly says "COPY" right above FIVE DOLLARS so technically, it's legal.

    Legal in and of itself but this was misrepresenting what the item is. So the misrepresentation is the problem for me.

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    davewesendavewesen Posts: 6,925 ✭✭✭✭✭

    they are donating 10% to charity

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    MarkKelleyMarkKelley Posts: 2,079 ✭✭✭✭✭

    Misrepresentation is a problem for me as well. I'm merely pointing out that the astute buyer should look very carefully at what he is buying. Caveat emptor.

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    astroratastrorat Posts: 9,221 ✭✭✭✭✭

    No comments on how ginormous that "$5 Indian" is? It's the size of a Double Eagle!

    Numismatist Ordinaire
    See http://www.doubledimes.com for a free online reference for US twenty-cent pieces
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    rickoricko Posts: 98,724 ✭✭✭✭✭

    @stownsin.... Thanks for the screenshot, it was gone by the time I saw this thread. Cheers, RickO

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