Home U.S. Coin Forum

No more fakes on eBay?

messydeskmessydesk Posts: 20,592 ✭✭✭✭✭

They're hiring a counterfeit coin specialist. Perhaps they're seeing that it's actually necessary to Do Something™ about the reputation they have about being the place to unload fake crap with impunity.

https://jobs.ebayinc.com/us/en/job/R0072641/Counterfeit-Specialist-Coins

Comments

  • fastfreddiefastfreddie Posts: 2,937 ✭✭✭✭✭

    Good news but I hope that it's at the higher end of the pay scale!

    It is not that life is short, but that you are dead for so very long.
  • TPringTPring Posts: 184 ✭✭✭
    edited February 22, 2026 6:34PM

    I will start with giving the new hire a slam-dunk present.

    Curious to know why "Do Something" has the TM after it

    Just remember...the advice you receive on the site is worth every bit of what you paid for it.

  • AUandAGAUandAG Posts: 24,997 ✭✭✭✭✭

    They ought to hire Judith back as she is, or was, in Salt Lake.
    bob :)

    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
  • messydeskmessydesk Posts: 20,592 ✭✭✭✭✭

    @coinbuf said:
    For some reason I'm not filled with hope.

    Neither am I. For what they're paying, they're expecting someone to play whack-a-mole "at scale" rather than establish strategies and methods for smoking them out and working with law enforcement.

  • alaura22alaura22 Posts: 3,753 ✭✭✭✭✭

    They need a team, not just 1 person
    Fingers crossed

  • jonathanbjonathanb Posts: 3,903 ✭✭✭✭✭

    @alaura22 said:
    They need a team, not just 1 person

    I don't know. A lot of this is going to come down to what the plan is.

    I think that many people on this board could validate counterfeits at the rate of thousands per hour -- if they have tools to flag the listings that need reviewing. eBay clearly has competent software engineers. Unless I miss the mark, they're not expecting to hire someone for this position who has any software engineering skills. So it may come down to how much support this person has, from the people who are able to build and train them on the tools that let them do the job right.

    I'm tempted to say that this would be a good job for AI. But really, AI could be overkill. There obvious 'tells' on many of the listings of counterfeits. If the person did nothing more than review the listings from new sellers and sellers in, ah, certain geographic locations, that would make a huge difference right there.

    It's not easy for someone outside of eBay to set up the right queries. eBay should already have tools to do that sort of thing internally.

    None of that would help weed out the subtle counterfeits. But it should definitely be possible to make a big improvement over what they have now, even with a single person.

  • CaptHenwayCaptHenway Posts: 33,379 ✭✭✭✭✭

    Years ago I offered to Judith to be a consultant on counterfeit and altered coins. I never heard back from anybody, then she left, and everything went to Hell.

    Numismatist. 54 year member ANA. Former ANA Senior Authenticator. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and ANA Lifetime Achievement Award 2020. Author of "The Enigmatic Lincoln Cents of 1922," Available now from Whitman or Amazon.
  • johnny9434johnny9434 Posts: 30,646 ✭✭✭✭✭

    Ill believe it when I see it 🤔

  • jesbrokenjesbroken Posts: 11,035 ✭✭✭✭✭

    I feel it is a step ahead of where it currently is. AI is a joke, in this instance.
    Who knows how it may grow, most likely determined by actual cost to ebay, as in loss of sales. May be frightening.
    Jim


    When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln

    Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain
  • alaura22alaura22 Posts: 3,753 ✭✭✭✭✭

    @CaptHenway said:
    Years ago I offered to Judith to be a consultant on counterfeit and altered coins. I never heard back from anybody, then she left, and everything went to Hell.

    Why don't you apply for the job?

  • PerryHallPerryHall Posts: 47,291 ✭✭✭✭✭

    It's at least a step in the right direction. In the future when eBay gets a complaint, rather than just sending out a form response that the coin doesn't violate eBay's policy, someone will actually take a look at the listing and delete it if it's a counterfeit.

    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

  • johnny9434johnny9434 Posts: 30,646 ✭✭✭✭✭

    @PerryHall said:
    It's at least a step in the right direction. In the future when eBay gets a complaint, rather than just sending out a form response that the coin doesn't violate eBay's policy, someone will actually take a look at the listing and delete it if it's a counterfeit.

    If it works....

  • mbogomanmbogoman Posts: 5,291 ✭✭✭✭✭

    @AUandAG said:
    They ought to hire Judith back as she is, or was, in Salt Lake.
    bob :)

    Was. She passed away a few years back...RIP...

  • burfle23burfle23 Posts: 2,665 ✭✭✭✭✭

    There are a couple of folks who seem to have success reporting items currently. The 1909-S listing posted was removed:

    https://www.ebay.com/itm/389648659746

    He also has a bad 1891-CC Morgan that I have posted in my Face Book Group.

  • WAYNEASWAYNEAS Posts: 7,136 ✭✭✭✭✭

    Will AI override the new counterfeit expert's findings?
    LOL
    Wayne

    Kennedys are my quest...

  • TwoSides2aCoinTwoSides2aCoin Posts: 44,862 ✭✭✭✭✭

    They’ve already told me the counterfeits I report and identify are legitimate and meet eBay’s requirements. $61k-$102k salary per annum ! Some of us did it for free for years , to no avail.

  • MsMorrisineMsMorrisine Posts: 38,225 ✭✭✭✭✭

    @AUandAG said:
    They ought to hire Judith back as she is, or was, in Salt Lake.
    bob :)

    Judith is no longer with us :(

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • MsMorrisineMsMorrisine Posts: 38,225 ✭✭✭✭✭
    edited February 23, 2026 7:19AM

    @alaura22 said:

    @CaptHenway said:
    Years ago I offered to Judith to be a consultant on counterfeit and altered coins. I never heard back from anybody, then she left, and everything went to Hell.

    Why don't you apply for the job?

    i remember that and she was terminated almost immediately after you offered

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • AcarrollAcarroll Posts: 97 ✭✭✭

    Nothing's going to change.

  • AcarrollAcarroll Posts: 97 ✭✭✭

    @WAYNEAS said:
    Will AI override the new counterfeit expert's findings?
    LOL
    Wayne

    Or a team of the finest call center reps in Mumbai

  • CaptHenwayCaptHenway Posts: 33,379 ✭✭✭✭✭

    @alaura22 said:

    @CaptHenway said:
    Years ago I offered to Judith to be a consultant on counterfeit and altered coins. I never heard back from anybody, then she left, and everything went to Hell.

    Why don't you apply for the job?

    I'm too old now. I help out where I can here and there, but could not do it on a full time basis.

    Numismatist. 54 year member ANA. Former ANA Senior Authenticator. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and ANA Lifetime Achievement Award 2020. Author of "The Enigmatic Lincoln Cents of 1922," Available now from Whitman or Amazon.
  • goldengolden Posts: 10,307 ✭✭✭✭✭

    Hoping for the best and have my fingers crossed.

  • CoinscratchCoinscratch Posts: 10,592 ✭✭✭✭✭

    I wonder what will happen when this new hire makes a mistake and approves a fake or takes down a legit coin.
    It could get really ugly.

  • MsMorrisineMsMorrisine Posts: 38,225 ✭✭✭✭✭

    @Coinscratch said:
    I wonder what will happen when this new hire makes a mistake and approves a fake or takes down a legit coin.
    It could get really ugly.

    when the effective coin community watch group existed in ebay this was always a possibility. the watch group did much good. legit coins can be appealed. fakes would just be slipping through the cracks. this will also have the same issues as the current reporting process that doesn't work at all

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • yosclimberyosclimber Posts: 5,222 ✭✭✭✭✭

    This ebay job could be effective if the person takes a similar approach:
    1. maintain a group of experts who are consulted on new potential fakes.
    2. maintain a database of known fakes
    3. automate the detection of known fakes offered for sale
    4. maintain a database of sellers who have tried to sell fakes

    I know @Bikergeek is interested in this type of process.

  • silverpopsilverpop Posts: 6,847 ✭✭✭✭✭

    eBay will not care as long as they get their $$$$, and these experts will do little to stop the fakes

    1997-present

  • yosclimberyosclimber Posts: 5,222 ✭✭✭✭✭

    @silverpop said:
    eBay will not care as long as they get their $$$$, and these experts will do little to stop the fakes

    If ebay does not care, why are they hiring someone?

  • silverpopsilverpop Posts: 6,847 ✭✭✭✭✭

    many reasons, but the two that come to mind are PR, the old look we are dealing with this route, and I gather investors want this dealt with also, so they have two good reasons for doing such a move when in the past they never really bothered

    1997-present

  • jonathanbjonathanb Posts: 3,903 ✭✭✭✭✭

    @yosclimber said:

    @silverpop said:
    eBay will not care as long as they get their $$$$, and these experts will do little to stop the fakes

    If ebay does not care, why are they hiring someone?

    eBay offers various types of buyer protection where the buyer gets their money back from eBay even if the seller disappears. Their 2025Q4 quarterly filing says:

    Transaction losses primarily include claims related to our buyer protection programs, chargebacks for unauthorized credit card use and merchant related resulting from non-delivery of goods or services. Estimating future transaction losses requires significant judgment as actual losses are dependent on uncertain events and outcomes. In developing our estimate, we consider several key factors including: (1) historical loss experience and its relevance in estimating expected future losses; (2) whether recent changes in buyer protection claims and chargeback activity represent temporary fluctuations or sustained trends; (3) impact of changes in transaction volume and mix on expected loss rates; (4) effect of modifications to buyer protection programs; and (5) the expected outcome and timing of dispute resolution and chargeback activity. Changes in judgment with respect to these assumptions could impact the timing or amount of transaction losses.

    They report transaction losses of $396 million for that quarter.

    I don't know how much of that number is coming specifically from coin sales. I also don't know how much a new hire would be able to move the needle. But that's a BIG number. The max salary for this position is a bit over $100K. If you add in the costs for the rest of the non-salary benefits (insurance, etc.), this hire might cost eBay $200K per year. It wouldn't take much for a new hire to pay for themselves.

  • MsMorrisineMsMorrisine Posts: 38,225 ✭✭✭✭✭

    @yosclimber said:
    This ebay job could be effective if the person takes a similar approach:
    1. maintain a group of experts who are consulted on new potential fakes.
    2. maintain a database of known fakes
    3. automate the detection of known fakes offered for sale
    4. maintain a database of sellers who have tried to sell fakes

    I know @Bikergeek is interested in this type of process.

    i have seen sellers of counterfeits with low90s to 80s feed back %age but are top rated sellers -- with the attendant glowing language about the quality of their service

    and while we are talking low feedback sellers, apparently there is no flag given for such a situation for seller account review because - if they did - there would not be 80% feedback sellers with many negatives mentioning counterfeits

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Emoji
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file