Error experts/fraud alert...help please...

Manorcourtman · December 3, 2003 8:58AM

Can some post a link to ebay auction # 2206605600. This guy is claiming this 1972 DDO is worth $500+ and this variety is common and worth less than $50. I emailed him earlier. I hate to see people get screwed like this. Please email him before someone gets screwed.

Thanks, Chris

XpipedreamR · December 3, 2003 9:00AM

Link

tjkillian · December 3, 2003 9:04AM

I do not see anything that is misleading, so folks can bid what they want. The value of anything is what someone will pay.

Tom

TWQG · December 3, 2003 9:04AM

But he's a powerseller with 100% feedback rating

Manorcourtman · December 3, 2003 9:09AM

Thank you.....please email him everyone......Pull out your Cherrypickers guide and see what I'm talking about.

Manorcourtman · December 3, 2003 9:17AM

Tom,

Sorry but you are misinformed. He is representing this coin as the big 72 DDO or FS#1c-033.3. The variety identified on the ANACS slab is clearly a readily available variety worth maybe $50. His listing is clearly an attempt to misrepresent the coin as the big one listed in the red book. Anyone else getting this????

Chris

MadMarty · December 3, 2003 9:23AM

Any collector would look up the FS# before bidding. He posted a picture of the coin and what people bid is there business! Some E-bay bidders are just STUPID!

lordmarcovan · December 3, 2003 9:25AM

I know what you're talking about, but I cannot see the auction (they obviously changed some settings on this server here at work, and eBay pages take 3-4 minutes to load.)

Not pennyman23, by any chance, is it? I sold him a roll of Die #3 DDO's a while back.

Manorcourtman · December 3, 2003 9:34AM

Marty,

I can't believe your attitude frankly! This is what turns off the average collector in a couple of year when he finds out he was duped because he didn't know that the coin he was bidding on was the incorrect FS#. So technically he bought a 72 DDO which the seller claims is worth $500+, but when he does his homework he finds out it's worth $50. So he is screwed because he doesn't own the Cherrypicker guide which identifies over 5 varieties worth less than $50 but trusts the seller who claims the coin is worth megga bucks....where is the logic? I guess I should just keep my mouth shut in the future. I thought ethics meant something around here.

Chris

XpipedreamR · December 3, 2003 9:34AM

<< <i>Anyone else getting this???? >>

Yes, this is a 72DDO, but not the 72DDO.

The seller is obviously trying to suggest that it is by the price reference in the listing.

<< <i>This coin trends for over $550.00 in MS-65 >>

It's slimy, but not the worst I've seen on eBay.

Manorcourtman · December 3, 2003 9:54AM

If you think it's slimy please make a statement and say something! This isn't a baked in the oven toned coin type of issue. This is a flat out attempt to misrepresent an item for sale............fraud in my opinion. Ok I give up. Sorry I brought it up. I guess I expected more from the people around here. My bad. Chris

lordmarcovan · December 3, 2003 9:55AM

Why don't you report it?

windwhispersintrees · December 3, 2003 10:00AM

<< <i>...but when he does his homework........he doesn't own the Cherrypicker guide >>

While I appreciate that the seller's claim is wrong, the buyer must do his homework BEFORE buying anything, whether he's collecting widgets, wicker or wallabies.
Meaning, he ought to spend $35 on the reference book before dropping $200+ on a coin he knows nothing about.

You can't protect those that are unwilling to educate themselves.
Do you believe everything a car salesman claims or do you get the facts yourself before buying? Well, it's no different when buying coins.

Manorcourtman · December 3, 2003 10:04AM

Report sent, but what are the chances that eBay cares when people around here don't!!

Chris

coppercoins · December 3, 2003 10:07AM

The seller in this case is flat wrong. Although there is a photo of the slab and it clearly says 'die 2' (value around $50) the seller states that this coin trends for $500 in MS65...that's a flat out lie.

JRocco · December 3, 2003 11:28AM

A seller like this does a lot of harm to our hobby. Yes, he will nail someone who hasn't done their homework,BUT---HE STILL MAY NAIL SOMEONE. That is wrong-No way to dance around it--PERIOD. NUFF SAID.

Conder101 · December 4, 2003 2:02AM

I'm with Windwhispers on this one. The seller is being somewhat dishonest in his description with the $500 comparison, but the slab CLEARLY shows that this is from die 2. Someone who goes out and drops close to $300 on something when they don't understand what they are buying, and doesn't do their homework on the item, doesn't get a lot of sympathy. (Likewise I don't fel a lot of sympathy for sellers that sell rare varieties for a pittance as common ones because they don't do THEIR homework. Knowledge is power and anyone who enters into a transaction with none is most likely going to be in trouble and get taken. If not now, eventually.

Bubblehead · December 4, 2003 2:18AM

for what it's worth. I know zip about Jeffs. I did look at the CU price guide. I see where that particular Jeff is selling for $585. We know the price guide isn't great, but for most people, it's a way to get a ball park on something. Someone reading the description, looking around for a value, and buying the coin for a collector family friend, maybe? Someone's uncle heard his nephew say he needed the DDO for his collection. A surprise Xmas gift? Anyhoo, I too, think the seller is doing the wrong thing.

Wow... I hadn't completely finished my first cup of coffee when I responded.... Forgive me, and thanks for not jumping in my basket... Lincoln, duhhhh.......!!!

abuell · December 4, 2003 2:20AM

Buy the book before you buy the coin. It's as simple as that. There really are a lot of people out there that need to be taught an expensive lesson because they were either too cheap or too lazy to advantage themselves of the inexpensive lessons.

Wolf359 · December 4, 2003 3:38AM

ttt.

I emailed the high bidder. I had the same trouble finding a 1972 DDO for my son. Lots of non-Die #1 stuff out there going higher.

On the bright side, I picked up a Hallmark slabbed 1972 DDO MS64 on eBay without picture or description. I emailed the seller on the DIE variety and return policy. The seller was "almost sure" it was Die #1 and offered a 10 day return. I bought it for $250, and got a glowing red cherry coin in the ancient slab a week ago. The slab is so old, it doesn't even have the Die variety listed on it!!

I used the www.coppercoins.com site to verify it was in fact, Die #1.

So it cuts both ways. Some deals and some frauds.

Error experts/fraud alert...help please...

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