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Ebays like this...you want it, but its like rolling dice

1932S Quarter PCGS MS64...Awesome item, but a good chance its a scammer
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  • Zero feedback seller, joined eBay 3 days ago. Lovely.image
    "Giving away an MS-65 $20 St. Gaudens to everyone logged in when I make my 10,000th post..."
  • flaminioflaminio Posts: 5,664 ✭✭✭
    0 feedback new seller.

    3 day listing (don't give people too much time to research it)

    Smells like a scam. It's a serious roll o' the dice, but if it is just a clueless newbie, a bargain may be had...

  • rheddenrhedden Posts: 6,632 ✭✭✭✭✭
    Probably not a clueless newbie. Very good chance of stolen goods or other scam.
  • BigDaddyzBigDaddyz Posts: 1,306 ✭✭✭
    I was considering rolling, but I think I'll save that one for the casino
    Great BST experiences: abitofthisabitofthat, silvercoinsdude, gerard, coinfame, mikescoins, wondercoin
  • coinguy1coinguy1 Posts: 13,484 ✭✭✭
    At least it appears that the seller has a picture of the coin in hand. I feel less uncomfortable with that type of listing than many of the others I have seen.
  • notwilightnotwilight Posts: 12,864 ✭✭✭
    I'll write the dissenting opinion:

    1. Photos clearly not stolen from an auctionhouse or other online catalog.
    2. everyone has to be a new account sometime. Hey, maybe it's a YN????
    3. In a case like this if I wanted the coin I might bid $1000 and then take the Paypal Opional buyer protection which I think goes up to $1000.
    4. Another option which I like is escrow. I might contact the seller and ask how he feels about splitting escrow costs since he has 0 feedback. His answer might clue you in on whether he is a scammer or not. Unfortunately, it's only 30 mintutes until the end so that might now work now.

    --Jerry

  • rec78rec78 Posts: 5,874 ✭✭✭✭✭
    Not all new sellers are scammers---everyone was a new 0 feedback seller at one time or another. At least it appears that the seller has a picture of the coin in hand. I feel less uncomfortable with that type of listing than many of the others I have seen. image

    Mark has it right-i would bid on it if i wanted that coin at this time. Zero feedback newbies can work either way--legit-you may get a bargain, or not legit-you get scammed. He does accept paypal - so you would have some recourse if he failed to deliver said product. I would not call this one a scammer just yet. JMHO. Bob
    image
  • 291fifth291fifth Posts: 24,709 ✭✭✭✭✭
    Just not the kind of thing to buy from a zero feedback seller with 3 days on eBay. It is tempting, though, isn't it?
    All glory is fleeting.
  • notwilightnotwilight Posts: 12,864 ✭✭✭


    << <i>Just not the kind of thing to buy from a zero feedback seller with 3 days on eBay. It is tempting, though, isn't it? >>



    If you're tempted go for it with the protection I've suggested above. Not my series. --Jerry
  • 291fifth291fifth Posts: 24,709 ✭✭✭✭✭


    << <i>

    << <i>Just not the kind of thing to buy from a zero feedback seller with 3 days on eBay. It is tempting, though, isn't it? >>



    If you're tempted go for it with the protection I've suggested above. Not my series. --Jerry >>



    Not the series for me, either.
    All glory is fleeting.
  • TJM965TJM965 Posts: 446 ✭✭✭
    What if he sends and you sign for an empty package? Will Paypal still protect you?
  • numismanumisma Posts: 3,877 ✭✭✭✭

    I agree that there's nothing wrong with buying from a new seller, except in this case there's something fishy:

    Q. why sell a key date pcgs coin in your first auction?
    A. because it will bring a lot of money and he is going to jump in and out of ebay quickly

    Q. why make it a 3 day auction??
    A. the sooner he gets the $, the better

    Q. he states that this coin has a greysheet price of $2,100. Why sell it on eBay with a 3 day N/R auction?
    A. he is crazy. That's a commodity coin and very liquid. He could get bid all day long for that coin from any dealer.


    The above Q&A is just a hypothetical. I am not accusing the seller of being a crook. This is just my thought process to be suspicious and this auction has many bad signs. I mean, if you were starting a new account, wouldn't you list your $5 and $10 coins first? Just to get 10 so feedback and maybe a month under your belt before dumping a $2K coin?

    Not my money.
  • sweetwillietsweetwilliet Posts: 2,315 ✭✭✭
    Ended at $1802.
    Listen. Strange women lying in ponds distributing swords is no basis for a system of government. Supreme executive power derives from a mandate from the masses, not from some farcical aquatic ceremony.
    Will’sProoflikes
  • lsicalsica Posts: 1,623 ✭✭✭✭
    I tried to sneak in a sub 1000 bid, but someone's proxy bid was already way above that
    Philately will get you nowhere....
  • StrikeOutXXXStrikeOutXXX Posts: 3,352 ✭✭✭✭✭
    That was interesting - looks like Pat put in a bid with 10 secs to go and that sucker sure did jump image
    ------------------------------------------------------------

    "You Suck Award" - February, 2015

    Discoverer of 1919 Mercury Dime DDO - FS-101
  • notwilightnotwilight Posts: 12,864 ✭✭✭
    He got $1802.77. How does that compare to bid.

    Personally, I think there is some risk on this auction, thus i recommend using protection. But I don't agree with your logic. --jerry
  • numismanumisma Posts: 3,877 ✭✭✭✭

    .....jumped $1,000 to $1,800 in the last 3 seconds. Hope it works out for the high bidder.
  • we should keep an eye on this transaction and see if it comes to fruition.

    I never would have considered selling on Ebay, nor expect to get reasonable bids with a zero feedback. Sure everyone needs to start somewhere, but this smells fishy.
  • notwilightnotwilight Posts: 12,864 ✭✭✭


    << <i>we should keep an eye on this transaction and see if it comes to fruition. I never would have considered selling on Ebay, nor expect to get reasonable bids with a zero feedback. Sure everyone needs to start somewhere, but this smells fishy. >>



    Seems to be those without experience on ebay that are often quickest to point out or suspect scams. Note that the bidders on this auction were all seasoned ebay professionals. --Jerry
  • eBay is not for Everyone----Meg Whitman
  • It's over now nut I would have felt a little better ...
    If he had other coins up for auction.


    The last PCGS MS64 32-S that sold on Heritage went for $1,725 with the juice on Sept. 16, 2006 with other going for a little more this year.

    I hope this auction is a good one ...

    Myself for possibly a couple hundred more I know I would sleep better at night ...




    It's good to know seasoned ebay profesionals can't get scammed


  • lsicalsica Posts: 1,623 ✭✭✭✭
    Just got a 2nd chance offer for the coin at my $900 bid

    Hmmmmmmm
    Philately will get you nowhere....
  • coinguy1coinguy1 Posts: 13,484 ✭✭✭


    << <i>Just got a 2nd chance offer for the coin at my $900 bid

    Hmmmmmmm >>

    That likely has nothing to do with the legitimacy (or lack thereof) of the seller.image
  • numismanumisma Posts: 3,877 ✭✭✭✭


    << <i>Just got a 2nd chance offer for the coin at my $900 bid

    Hmmmmmmm >>



    Geeeesh.

    Play along and see what happens. I am guessing that he will want you to send the money via Western Union.
  • numismanumisma Posts: 3,877 ✭✭✭✭

    My guess is that he will sell the coin to all of the underbidders at their high bid via second chance offer, then take all of the money and run.
  • lsicalsica Posts: 1,623 ✭✭✭✭


    << <i>Play along and see what happens >>



    I think ahm gonna pass image
    Philately will get you nowhere....
  • flaminioflaminio Posts: 5,664 ✭✭✭


    << <i>Just got a 2nd chance offer for the coin at my $900 bid >>

    Did it show up in your My eBay? Or just your email? If it's not in your My eBay message list, it's a scam on top of a probably scam.
  • lsicalsica Posts: 1,623 ✭✭✭✭


    << <i>Did it show up in your My eBay? Or just your email? If it's not in your My eBay message list, it's a scam on top of a probably scam. >>



    Actually, didnt even bother to look, because I wasn't going to accept it anyway since I knew at least one of the two people who bid above me wouldn't just back out

    But, I just looked, and of course no message in my "My eBay"

    Good thing I wasn't high bidder
    Philately will get you nowhere....
  • bestdaybestday Posts: 4,242 ✭✭✭✭


    << <i>

    << <i>Just got a 2nd chance offer for the coin at my $900 bid

    Hmmmmmmm >>

    That likely has nothing to do with the legitimacy (or lack thereof) of the seller.image >>




    THE Ebay crooks must be getting more brazen ...............the holidays are coming
  • prooflikeprooflike Posts: 3,879 ✭✭
    That seems to be common this week, seen quite a few higher ticket items with 0 f/b ebay scammers (er, sellers).

    I also received a scam 2nd chance offer this week.

    Just be careful out there, way too many crooks.

    image
  • BigDaddyzBigDaddyz Posts: 1,306 ✭✭✭
    I had sent him an email asking for a phone number to verify him since he is new, no response.
    Great BST experiences: abitofthisabitofthat, silvercoinsdude, gerard, coinfame, mikescoins, wondercoin
  • rheddenrhedden Posts: 6,632 ✭✭✭✭✭
    Maybe the winning bidder lives somewhat near the seller and might want to pick up the item in person?

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