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UPDATED w/ COIN: Why was I willing to pay $50 for this...?

p8ntp8nt Posts: 2,947 ✭✭✭
Auction.

Added: Received this 66FBL today. The seller and I chatted a bit and he is a great guy. I give him a image

imageimage

Comments

  • so, do you think you'll get a 65, or a 66?

  • nwcsnwcs Posts: 13,386 ✭✭✭
    Got me.
  • wam98wam98 Posts: 2,685
    Because it's a cool looking Frankie ? image
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  • fcfc Posts: 12,804 ✭✭✭
    no idea, i dont see the catch.
  • p8ntp8nt Posts: 2,947 ✭✭✭
    Nice catch Camaro.

    It says I receive what is pictured. He also lists the serial # of a 66FBL.
  • fcfc Posts: 12,804 ✭✭✭
    tell us what happens when you get the coin.
    interesting purchase.
  • segojasegoja Posts: 6,141 ✭✭✭✭
    Not a bad looking coin, and at $50 not necessarily a bargin, unless the color is neat.

    Not much downside either.
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  • LindeDadLindeDad Posts: 18,766 ✭✭✭✭✭
    Good catch, too bad the seller didn't watch what he was listing. But we all make a few mistakes in life.

  • If I only had a dollar for every VAM I have...err...nevermind...I do!! image

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  • cause there is a pic of the coin in a 66 holder?
  • Looks like a score...a 66FBL is certainly worth many multiples of what you paid......image
  • ChangeInHistoryChangeInHistory Posts: 3,109 ✭✭✭✭✭
    I don't follow that series, but it looks like you got a good deal. Did you know that right away, or did you see the holder info and buy the 'slab'?
  • p8ntp8nt Posts: 2,947 ✭✭✭


    << <i>I don't follow that series, but it looks like you got a good deal. Did you know that right away, or did you see the holder info and buy the 'slab'? >>



    I have sold a few toned 58-D MS65FBL halves in the past around the $50 range. I was browsing for toned coins and put this one on my watch list. <Fast Forward> About 5 minutes before the auction ended I went to the page, re-read the information (I always do this to make sure I dont miss anything), and then caught the MS66FBL. It was pretty much a no brainer for me and I had a higher snipe in, but I guess I am the only one who caught it.
  • so now the question is, if this is an error by the seller are there any ethical obligations here?
  • p8ntp8nt Posts: 2,947 ✭✭✭


    << <i>So now the question is, if this is an error by the seller are there any ethical obligations here? >>



    In my opinion, the seller needs follow through with the deal. He says that I will receive the coin pictured, and also lists the serial number of the coin pictured.

    We all make these mistakes a couple times in life. I made a mistake on a Buy It Now and priced it substantially lower than I should have. But I followed through with the deal willingly and took the $200 loss. The $200 I lost has been made up for because that buyer has come back now to make multiple purchases from me.

    The way someone handles a situation like this defines their character. Think of what happens to a scammer. They scam someone for $500 and lose their reputation. That reputation could have gained them much more than $500. Now think of the dealer that takes the loss because of his error. He is likely to gain more customers for being a good dealer and knowing when to take the small loss.
  • So if he makes a mistake in his listing, calling it a 65 when the coin pictured is a 66, then SOL for him? Because of what may have been a typo, he gets toasted? Because of his error, many people who might have bid on the coin, passed (in all likelihood). You are free to do what you like, but I would be more inclined to send an email asking him if he knows he made an error in his listing. Karma is a funny thing, thats all Im saying. While it feels like a rip, what you're doing is taking advantage of someone. If a few bucks on a coin is worth your ethics, so be it.


  • << <i>So if he makes a mistake in his listing, calling it a 65 when the coin pictured is a 66, then SOL for him? Because of what may have been a typo, he gets toasted? Because of his error, many people who might have bid on the coin, passed (in all likelihood). You are free to do what you like, but I would be more inclined to send an email asking him if he knows he made an error in his listing. Karma is a funny thing, thats all Im saying. While it feels like a rip, what you're doing is taking advantage of someone. If a few bucks on a coin is worth your ethics, so be it. >>



    Are you serious.........???

    The guy posted it.....included a picture and the Cert # so anyone who spent a moment and actually looked at the picture or looked up the Cert# was going to see it was a 66FBL........the buyer in this case is doing nothing wrong and is not obligated in anyway to contact the seller after the auction to let him know that he screwed up. You as the seller are responsible for the contents of your listings and I like many others have made major mistakes in our listings and I never once tried to back out becuase the bidder got a good deal.


    I say congrats image
  • p8ntp8nt Posts: 2,947 ✭✭✭


    << <i>Karma is a funny thing, thats all Im saying. While it feels like a rip, what you're doing is taking advantage of someone. If a few bucks on a coin is worth your ethics, so be it. >>



    Karma is a funny thing. Sometimes it works for you and sometimes against you. This is my "for me" time.
  • You got a decent deal. It's not the most flamboyant 58D Franklin, but it's not chopped liver either. A $50 MS66 FBL Franklin is tough to pass up.
  • funny how different rules of ethics apply to different people You cant seriosuly tell me you didint know that was a 66 even though seller listed it as 66. Again, it's a seller error, and if you want to benefit from an obvious error, then it reveals the type of peson you are.
  • Nocerino18Nocerino18 Posts: 1,572 ✭✭✭
    Not for nothing but the seller did have seven days to look at this auction. When he realized or should have realized it wasn't commanding MS66FBL kind of money he could have added a correction to the listing in Large RED Font or he could have cancelled and relisted the item.
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  • BlindedByEgoBlindedByEgo Posts: 10,754 ✭✭✭✭✭


    << <i>funny how different rules of ethics apply to different people You cant seriosuly tell me you didint know that was a 66 even though seller listed it as 66. Again, it's a seller error, and if you want to benefit from an obvious error, then it reveals the type of peson you are. >>




    Ouch. If it were me (and it's not, so this is on faith), I would do just like p8nt and bid on the auction what I was willing to pay. If the seller realized his mistake AND wished to not honor the auction due to an obvious listing error, I would bow out gracefully. OTOH, it's not my responsability, karma or otherwise, to bring a seller error to the sellers' attention. That, my friend, is on him - a cheap invitation to pay closer attention in the future. Very yin/yang.

    It's a jungle out there.

  • BochimanBochiman Posts: 25,790 ✭✭✭✭✭
    Depending on what happens, we have seen this before....

    Sometimes, it is an assistant and they make a mistake.
    Sometimes, it is an honest mistake.
    Sometimes, it gets caught and sometimes it doesn't.

    I have a question.....if the pic showed a MS65FBL but the text read MS66FBL, and it said you got what was pictured, and YOU didn't catch it (remember, you said you almost didn't notice the difference for the pic and text) would YOU be whining and calling the seller names?

    I, too, would love a great rip, but in items where there is a mismatch like this, I would be more inclined to alert the seller and ask if it was really a MS66FBL (now, I might do that with only a few hours to go if I noticed it late, but I am the type of person to do that....and hope someone else would do it for me if I made the mistake).

    I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment

  • p8ntp8nt Posts: 2,947 ✭✭✭


    << <i>I have a question.....if the pic showed a MS65FBL but the text read MS66FBL, and it said you got what was pictured, and YOU didn't catch it (remember, you said you almost didn't notice the difference for the pic and text) would YOU be whining and calling the seller names?

    I, too, would love a great rip, but in items where there is a mismatch like this, I would be more inclined to alert the seller and ask if it was really a MS66FBL (now, I might do that with only a few hours to go if I noticed it late, but I am the type of person to do that....and hope someone else would do it for me if I made the mistake). >>



    If the auction states I get what is pictured (65FBL) and gives me the correct serial number (of the 65FBL) and the auction text states MS66FBL, I would email the seller for clarification. But this wasnt the case this time as there was only 5 minutes to go until the end of the auction.

    That being said, I can honestly say that I do email sellers and inform them of mistakes in their auctions. In fact, just a little while ago I emailed an ebay seller to let them know that their description stated MS64 while the pictured coin was a MS63. This seller responded back to me:



    << <i>Hi Ben,

    Thanks a lot for pointing out my error! I made the change in the listing. No matter how careful you try to be...sometimes, you just screw up!
    I very much appreciate your taking the time to let me know. Most people wouldn't. >>

  • The cert # pulls up a 66. The auction gives you the cert # you will recieve, so I would say you're gettinga 66. Congrats!
  • p8ntp8nt Posts: 2,947 ✭✭✭
    Bump for closure.

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